Skip to main content

MUTUAL FUND SNAPSHOT - OCTOBER 2020

 

·    The mutual fund industry witnessed net outflows to the tune of ~52,091 cr in September 2020 as against net outflows of ~INR 14,553 cr in August 2020. The equity category witnessed net outflow of Rs ~1009 cr in September 2020 as against net outflow of Rs ~ INR 4028 cr in the previous month.

·         AUMs of debt, equity and hybrid schemes in August 2020 accounted for 49.9%, 29.5% and 11.0% respectively of the overall AUMs; the balance ~9.6% was contributed by solution oriented and other schemes.

·         AUM of the mutual fund industry declined by 2.3% MoM (INR63,407 Cr) to INR26.86 Lakh Cr in Sept 2020. On QoQ basis, the total AUM of Mutual Fund increased by 5.4% and 9.6% YoY.  

·         Domestic mutual funds were net equity sellers in last 4 months. Mutual Fundsv were net equity sellers to an amount of INR 904.69 Cr in Sept 2020 as against net sellers of INR8,418.73 Cr in Aug 2020.

·         Total AUM in Equity category stood at INR 7.92 lakh cr in September, comparedv to INR 7.98 lakh cr in the previous month.  

·         Within equities, inflows were recorded in categories viz. Largev & Midcap Small cap and focused funds of ~INR 621.5 cr, ~INR 132.9 cr and ~INR 823.5 cr, rest all equity categories witnessed net outflows where multi cap funds were the worst hit by net outflow of ~INR 1143.9 cr.  

·         Net outflows of INR 52,965 cr were witnessed in Income/Debt Orientedv Schemes for the month of September, relative to net outflows of INR 8,943 cr in the previous month.  

·         Liquid funds saw outflows of INR 65,951 cr as compared to outflows of INRv 15,814 cr in the previous month.  

·         Corporate bond Funds saw inflows of INR 716.71 cr in September 2020 as thev traction of investors increase towards quality debt funds with AAA rated portfolios, which is however much lower than inflows of ~INR 1,955 cr in Corporate Bond Funds in the previous month.  

·         SIP inflows in September stood at INR 7,788 cr as against INR 7,792 crv recorded in August 2020.

 

Know more

https://www.karvywealth.com/data/sites/1/skins/karvywealth/Download_media_report.aspx?FileName=54FE1CA5-EC5E-4B52-9653-DE4EEF5D1FFC|5325980

Labels:

Comments

Post a Comment

Popular posts from this blog

ADVICE FOR THE WISE – JULY 2020

  FROM THE CEO’s DESK Dear Investors, “More money has been lost trying to anticipate and protect from corrections than actually in them.” Peter Lynch. The BSE Sensex had the best quarter since June 2009 and had risen more than 35 percent from lows in March, despite Covid-19 lockdown having seriously hampered economic activity. Backed by better-than - expected economic data in recent months, along with a proactive government stance and central bank policy intervention coupled with the resurgence of FPI flows into the domestic equity market, indicates towards a "V-shaped" recovery. Corrections in the equity market offer incentives for buying quality stocks at lower valuations. Instead of worrying, we expect this downturn and the year 2020 from an investment opportunity perspective as the risk-reward ratio in the current scenario is in favour of equity investments. In regards to the domestic market, while we expect second half of FY21 to see a turnaround in production, diffic...
Post a Comment
Read more

The World This Week : 29th May 2020 – 5th June 2020

Indian Equity Summary-   ·  The Global and the domestic equity market witnessed a broad based rally on the backdrop of gradual reopening of the global economy and Ø  unprecedented stimulus package implemented worldwide by the central banks and government. The domestic equity market, in line with the global markets closed in green for the second consecutive week with Nifty 50 and Sensex up by 5.86% and 5.75% respectively.   ·  Majority of the sectoral indices closed in green on a W-o-W basis with the top performing sectoral indices being BSE Realty, BSE Consumer,Durable, BSE Metals that rose by 11.12%, 10.03% and 9.27% respectively.   ·  Going forward, global factors like development on the US -China relationship front , Covid-19 situations as globally economies have started, opening up and as the remaining results of the earnings seasons unfold will continue to dictate the trend of the domestic equity market. We expect the trading range for Nif...
Post a Comment
Read more

Private wealth soars by 10% in FY19

The individual wealth in India has swelled by 10% in the last fiscal backed by strong growth in financial assets. The individual wealth in India has swelled by 10% in the last fiscal backed by strong growth in financial assets, a report said on Wednesday. However, compared to financial assets which grew by 10.96%, physical assets growth was at a slower pace of 7.59% and individual investors are making more investments in financial assets, Karvy Private Wealth, the wealth management arm of financial-services conglomerate Karvy Group said. Direct Equity, mutual funds, pension funds, alternative investments and international assets saw the most favorable return rate. “Direct Equity continues to hold the fort in terms of investment preference in India. This shows the belief of investors in the Indian equity markets notwithstanding the volatility it has been through,” Abhijit Bhave, Chief Executive Officer, Karvy Private Wealth, said in a statement.  Further, Prime Minister ...
Post a Comment
Read more