2024 Review: Sectoral funds dominate as mutual fund AUM grows 38%, folios reach 22.08 crore
4 days ago

2024 Review: Sectoral funds dominate as mutual fund AUM grows 38%, folios reach 22.08 crore

Live Mint  

The Indian mutual fund industry continued its growth trajectory in 2024, fueled by a steady rise in Indian equities that attracted retail investors, making mutual funds a preferred vehicle for wealth creation and long-term financial planning. In 2024, the mutual fund industry's Assets Under Management surpassed the ₹68 lakh crore milestone for the first time, reaching ₹68.08 lakh crore in November—a 34% increase compared to ₹50.78 lakh crore in December 2023. The robust AUM expansion was primarily driven by steady inflows into equity schemes, which stood at ₹30.5 lakh crore in November, constituting 45% of the industry's total assets. Retail investors flock to sectoral & thematic funds Among the 11 equity mutual fund categories, sectoral and thematic mutual funds continued to draw significant retail investor interest, with their AUM rising 79% in 2024 to reach ₹4.61 lakh crore. The small-cap mutual funds have also attracted significant interest from investors as their AUM has grown to ₹3.26 lakh crore as of November 2024, compared to ₹2.33 lakh crore at the end of 2023.

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History of this topic

Only 3% India’s population invests in mutual funds, indicates underpenetration: Motilal Oswal
Trending News
1 week, 6 days ago

Only 3% India’s population invests in mutual funds, indicates underpenetration: Motilal Oswal

Live Mint  

Mumbai, December 10 : India's capital market has surged significantly over the past four years as the number of demat accounts in the country has surged more than fourfold, reaching 17.9 crore by October 2024, says a report by Motilal Oswal. However, the report highlighted that only 3 per cent of the country's population invests in mutual funds, underscoring the …

India’s equity mutual fund inflows come off record highs in November
Trending News
1 week, 6 days ago

India’s equity mutual fund inflows come off record highs in November

Live Mint  

By Bharath Rajeswaran Dec 10 - Inflows into India's equity mutual funds declined 14.2% in November, after hitting a record high in the previous month, but offset hefty foreign outflows as domestic investors continued their buying spree undeterred by a market correction. Inflows stood at 359.43 billion rupees during November, the 45th consecutive month of inflows, the longest on record, …

November blues for mutual funds as equity inflows down 14%: AMFI data
2 weeks ago

November blues for mutual funds as equity inflows down 14%: AMFI data

India Today  

Inflows into equity mutual funds saw a decline of 14% in November, falling to Rs 35,943.49 crore compared to Rs 41,886.69 crore in October. Hybrid mutual funds were similarly impacted, with inflows dropping 75.5% to Rs 4,123 crore in November from Rs 16,863 crore the previous month. Index funds recorded inflows of Rs 4,342.8 crore, a 45% reduction from Rs …

Equity fund inflows fall 14 per cent to Rs 35,943 crore in Nov; AUM tops Rs 68 trillion
2 weeks ago

Equity fund inflows fall 14 per cent to Rs 35,943 crore in Nov; AUM tops Rs 68 trillion

New Indian Express  

MUMBAI: Despite the muted market performance leading to a steep 14 per cent fall in fund flows into equity mutual funds, and a steeper 26 per cent slump in inflows to large-cap funds and the red-hot SIPs taking a break with inflows remaining flat in the month, the overall mutual funds industry added Rs 0.82 trillion to their AUM at …

Best mutual funds: These are the best sectoral schemes which gave over 25% annualised return in the past five years
4 weeks, 1 day ago

Best mutual funds: These are the best sectoral schemes which gave over 25% annualised return in the past five years

Live Mint  

If you are planning to invest in a mutual fund scheme and are currently on the lookout for a good scheme to invest, be mindful of the fact that there are multiple categories to choose from. Sectoral/thematic funds 5-year-return AUM Aditya Birla Sun Life Digital India Fund 28.02 5,253.63 Bandhan Infrastructure Fund 29.07 1,694.79 DSP Healthcare Fund 30.91 3,204.42 DSP …

80% of equity mutual funds outperform respective benchmarks in October 2024, PL Wealth study finds
1 month ago

80% of equity mutual funds outperform respective benchmarks in October 2024, PL Wealth study finds

Live Mint  

In October 2024, 80% of equities mutual funds beat their respective benchmarks, following a recent performance review by PL Wealth Management. The assets under management of stock mutual funds fell by 4.03% sequentially, from INR 26,43,291 crore in September 2024 to INR 25,36,803 crore in October 2024, excluding Sectoral/Thematic Funds. The study, which is based on 240 open-ended equity diversified …

Equity fund inflows surge 21% to ₹41,887 crore in October; SIPs reach record high
1 month, 1 week ago

Equity fund inflows surge 21% to ₹41,887 crore in October; SIPs reach record high

Live Mint  

On November 11, equity mutual fund inflows saw a notable jump of 21.69 percent month-on-month, reaching ₹41,887 crore in October, according to the latest data from the Association of Mutual Funds in India. In October, hybrid mutual funds saw a significant surge in inflows, attracting ₹16,863.3 crore, compared to ₹4,901 crore in September. Corporate bond mutual funds saw steady inflow …

SBI Mutual Fund average AUM surges to record ₹11 lakh crore in Q2, surpassing competitors ICICI and HDFC
1 month, 2 weeks ago

SBI Mutual Fund average AUM surges to record ₹11 lakh crore in Q2, surpassing competitors ICICI and HDFC

Live Mint  

SBI Mutual Fund, the country’s largest asset management company, has achieved a record average asset under management of ₹10.99 lakh crore in the September quarter, according to data from the Association of Mutual Funds in India. Notably, in June 2024, SBI Mutual Fund became the first mutual fund house to surpass the ₹10 lakh crore mark in AAUM. Significant growth …

Mutual Funds: Investing ₹one lakh in this scheme at inception would have grown 8 times in 20 years
3 months, 2 weeks ago

Mutual Funds: Investing ₹one lakh in this scheme at inception would have grown 8 times in 20 years

Live Mint  

Prior to investing in a mutual fund scheme, investors tend to examine the returns which the scheme has delivered in the recent past. To demonstrate the power of compounding, we handpick one mutual fund scheme — Tata Equity PE Fund — and examine the returns it delivered in the recent past. In a three year’s tenure, ₹one lakh investment would …

Equity fund inflows fall 9% to ₹37,113 crore in July, SIP book at record high
4 months, 2 weeks ago

Equity fund inflows fall 9% to ₹37,113 crore in July, SIP book at record high

Hindustan Times  

Open-ended equity mutual fund inflows fell 8.61 per cent to ₹37,113.39 crore during July owing to a fall in investments in large-cap and mid-cap funds, as per the data released by the Association of Mutual Funds of India. Monthly gross systematic investment plan inflows hit a fresh record high of ₹ 23,332 crore during July. Earlier, inflows into equity mutual …

SIP Calculator: Rs 5,000 Monthly Investment In Mutual Funds Can Make You Crorepati In 26 Years
4 months, 3 weeks ago

SIP Calculator: Rs 5,000 Monthly Investment In Mutual Funds Can Make You Crorepati In 26 Years

News 18  

Even as the domestic equity market is in a bull run, a large number of retail investors have been entering it directly or through mutual fund SIPs. Other popular mutual funds, like Parag Parikh Flexi Cap Fund, Nippon India Small Cap Fund, SBI Bluechip Fund, Kotak Equity Opportunities Fund and Axis Midcap Fund have also given impressive returns in the …

Retail Investors Prefer Index Funds, Folios Up 12 Times in 4 Years
4 months, 3 weeks ago

Retail Investors Prefer Index Funds, Folios Up 12 Times in 4 Years

Deccan Chronicle  

Mumbai: There has been a remarkable surge in the adoption of Index Funds among retail investors over the past few years. The total retail folios in index funds increased by close to 12 times from 4.95 lakhs in March 2020 to 59.37 lakhs in Dec 2023. The AUM of index funds has recorded an increase of 25 times from about …

HDFC AMC net jumps 26 per cent to Rs 604 crore, income up 29 per cent
5 months, 1 week ago

HDFC AMC net jumps 26 per cent to Rs 604 crore, income up 29 per cent

New Indian Express  

MUMBAI: The third-largest fund house, HDFC AMC, registered a 26 percent on-year growth in net income in the June quarter at Rs 604 crore over the Rs 477.5 crore in the year-ago period. The fund house manages assets worth Rs 7.06 trillion and has a market share of 11.4 per cent as of the reporting period; within the equity funds, …

Quant Mutual Fund Hits All-Time High in AUM and NAV, Assets Cross Rs 94,000 Crore
5 months, 1 week ago

Quant Mutual Fund Hits All-Time High in AUM and NAV, Assets Cross Rs 94,000 Crore

News 18  

Quant Mutual Fund’s net asset value for most of its schemes and its assets under management have reached record highs, the company informed its investors on Saturday. As of July 12, 2024, the mutual fund house’s total AUM surpassed Rs 94,000 crore, marking an all-time high. Quant MF’s Clarification on Sebi Investigation This announcement followed an earlier communication from Quant …

Mutual Funds add Rs 2.3 lakh crore on market rally in June
5 months, 2 weeks ago

Mutual Funds add Rs 2.3 lakh crore on market rally in June

New Indian Express  

MUMBAI: Driven by the continuous inflows in to equity funds, especially through SIPs route, overall assets under management of mutual fund industry crossed the Rs 60 lakh crore milestone and touched Rs 61.16 trillion in June, over Rs 58.91 trillion in the previous month, on the back of a record 7% rally in the equity market. As per the industry …

June equity MF inflows rise fourfold to ₹40,608 cr.: AMFI
5 months, 2 weeks ago

June equity MF inflows rise fourfold to ₹40,608 cr.: AMFI

The Hindu  

Equity mutual funds rose 370% to ₹40,608.19 crore in June 2024, from ₹8,637.49 crore in June 2023, data released by Association of Mutual Funds in India show. Indian mutual fund sector’s net asset under management crossed ₹60 lakh crore in June 2024, a rise of ₹10 lakh crore since December 2023. Debt mutual funds witnessed a surge in outflows at …

Equity fund inflows rise by 17% to ₹40,608 crore in June, a fresh high: AMFI data
5 months, 2 weeks ago

Equity fund inflows rise by 17% to ₹40,608 crore in June, a fresh high: AMFI data

Hindustan Times  

Inflows into India's equity mutual funds rose 17% to a record high of 406.08 billion rupees in June as per data from the Association of Mutual Funds in India. Since 2021, equity mutual funds have seen net inflows aggregating to 5.99 trillion rupees from domestic investors which is well above net foreign inflows of 333.61 billion rupees over the same …

Market rally added Rs 2.25 trillion to mutual funds in June, says industry body
5 months, 2 weeks ago

Market rally added Rs 2.25 trillion to mutual funds in June, says industry body

New Indian Express  

Driven by the continuing inflows into equity funds especially through the SIPs route, the overall assets under management of the mutual fund industry crossed the Rs 60-trillion milestone and touched Rs 61.16 trillion in June, an increase from Rs 58.91 trillion in the previous month, on the back of a record 7 percent rally in the equity market. Equity mutual …

SIP scales to Rs 20K cr in Apr; AUM at Rs 57.3 L cr
7 months, 2 weeks ago

SIP scales to Rs 20K cr in Apr; AUM at Rs 57.3 L cr

New Indian Express  

MUMBAI: Continuing inflows into the most popular mutual fund segment, the systematic investment plans or SIPs set new records in April topping the Rs 20,000 crore mark for the first time, and coupled with this and fresh inflows into debt and equity funds took the total assets under management to Rs 57.26 lakh crore in the month, up from Rs …

SIP Contributions Crosses Rs 20,000 Cr Mark In April; Equity MFs Inflow Drops 16% To Rs 18,917 Cr
7 months, 2 weeks ago

SIP Contributions Crosses Rs 20,000 Cr Mark In April; Equity MFs Inflow Drops 16% To Rs 18,917 Cr

News 18  

Equity mutual funds attracted Rs 18,917 crore in April, marking a slump of 16 per cent from the preceding month, on a huge decline in inflow in large-cap funds. Moreover, monthly Systematic Investment Plan contributions crossed the Rs 20,000 crore mark and reached an all-time high of Rs 20,371 crore in April compared to Rs 19,271 crore in the previous …

SIP investment scale Mount Rs 20,000 crore in April; total AUM at Rs 57.3 trillion
7 months, 2 weeks ago

SIP investment scale Mount Rs 20,000 crore in April; total AUM at Rs 57.3 trillion

New Indian Express  

MUMBAI: Continuing inflows into the most popular mutual fund segment, the systematic investment plans or SIPs set new records in April topping the Rs 20,000–crore mark for the first time, and coupled with this and fresh inflows into debt and equity funds the total assets under management have risen to Rs 57.26 trillion in the month, up from Rs 55.01 …

Sebi tough talk sees small cap funds losing Rs 94 crore in March, a first in 30 months: Amfi
8 months, 2 weeks ago

Sebi tough talk sees small cap funds losing Rs 94 crore in March, a first in 30 months: Amfi

New Indian Express  

Mumbai: The market watchdog SEBI's recent warning that there is lot of "froth" in the mid- and small-cap stocks has had small cap funds seeing net outflow of Rs 94 crore in March, a first in the past 30 months, even as the overall mutual fund industry has added Rs 14 trillion taking the total AUM past Rs 53.40 trillion …

Inflows into equity mutual funds surged for 35th month in a row: Report
9 months, 3 weeks ago

Inflows into equity mutual funds surged for 35th month in a row: Report

Live Mint  

Thanks to a considerable surge in mutual fund inflows, total mutual funds’ assets under management hit a whopping ₹52.74 lakh crore last month against ₹50.78 lakh crore in December 2023. Top performing funds across market cap In the last one year, the top-performing large cap schemes which gave highest returns include Nippon India Large Cap Fund, Kotak Bluechip Fund and …

ETF turnover tops ₹1 trillion for the second year in a row: Report
10 months ago

ETF turnover tops ₹1 trillion for the second year in a row: Report

Live Mint  

The value of exchange-traded funds changing hands on the National Stock Exchange surpassed ₹1 trillion in the first nine months of 2023-24, and for the second year in a row, reported Business Standard. The traded value has touched ₹1.19 trillion so far in fiscal 24, which is already double the pre-pandemic volumes, as per the Nifty Passive Insights report. AUMs …

Sectoral, small-cap mutual funds witness highest inflow, shows AMFI January data
10 months, 2 weeks ago

Sectoral, small-cap mutual funds witness highest inflow, shows AMFI January data

Live Mint  

Inflows into equity mutual funds hit ₹21,780 crore over December’s inflows of ₹16,997 crore, reporting an increase of 28 percent over the preceding month, shows the latest data released by the Association of Mutual Funds in India. These funds saw maximum inflows Sectoral mutual funds saw an inflow of ₹4,805 crore, smallcaps witnessed an inflow of ₹3,257 crore and multicaps …

Anarock raises around ₹200 crore funding from 360 ONE Asset
10 months, 2 weeks ago

Anarock raises around ₹200 crore funding from 360 ONE Asset

Hindustan Times  

Independent real estate consultancy Anarock has announced an investment of around ₹200 crore from 360 ONE Asset Management Limited, an alternate asset manager, to enhance its tech infrastructure, accelerate its expansion, and introduce innovations. Independent real estate consultancy Anarock has announced an investment of around ₹ 200 crore from 360 ONE Asset Management Limited, an alternate asset manager. Sameer Nath, …

An investment of ₹1 lakh in this scheme would have grown 8 times in 15 years
11 months, 2 weeks ago

An investment of ₹1 lakh in this scheme would have grown 8 times in 15 years

Live Mint  

The advantages of compounding are so profound that it is referred to as magic. Magic of compounding JM Flexi Cap Mutual Fund has delivered a CAGR return of 14.41 percent since inception in Sept 2008. In one year, the mutual fund scheme has delivered a return of 40.12 percent, which means an investment of ₹1,00,000 would have grown to ₹1,39,990. …

Interest in NPS spikes as AUM rises 27% to ₹10.22 ­lakh crore
1 year, 2 months ago

Interest in NPS spikes as AUM rises 27% to ₹10.22 ­lakh crore

Live Mint  

Thanks to significant contribution by non-­government sector, the National Pension System’s assets under management — including the corpus on Atal Pension Yojana — grew 27 per cent year-­on-year to hit Rs 10.22 lakh crore on September 16, PFRDA data revealed, reported Business Line. In March end this year, NPS AUM stood at ₹ 8.98 lakh crore. The all ­citizens model …

MF industry to double its AUM in next 5 years: Axis MF CIO
1 year, 4 months ago

MF industry to double its AUM in next 5 years: Axis MF CIO

Live Mint  

Ashish Gupta, chief investment officer of Axis Mutual Fund, said the mutual fund industry in India, which currently has assets under management of ₹46 trillion, is growing rapidly and it will get the next ₹40 trillion in just five years. Gupta said the industry has been doubling its AUM roughly every five years since the year 2000 and so it …

Investments In Mutual Fund SIPs Reach All-Time High In July
1 year, 4 months ago

Investments In Mutual Fund SIPs Reach All-Time High In July

ABP News  

Investors are betting big on systematic investment plans or SIP to generate long-term wealth with the monthly flow in the mutual fund industry through the route reaching an all-time high of Rs 15,245 crore in July. The record high SIP numbers came despite the equity mutual funds registering a 12 per cent month-on-month decline in inflow to Rs 7,626 crore …

Mutual funds invest more than Rs 2,400 crore in equities in May
1 year, 6 months ago

Mutual funds invest more than Rs 2,400 crore in equities in May

India TV News  

New Delhi: After withdrawing capital from equities in April, mutual funds put in over Rs 2,400 crore in stocks last month, primarily due to robust GDP growth, controlled inflation levels, and balanced liquidity in the economy. "Stable GDP growth, low inflation, investor-friendly policies, and global market sentiments towards emerging economies play a significant role in attracting investments from both mutual …

Recent IPOs that mutual funds participated in
1 year, 11 months ago

Recent IPOs that mutual funds participated in

Live Mint  

In December, Mutual Funds deployed ₹147 bn and alongside foreign institutional investors sold ₹63 bn in the Indian secondary market, highlighted data analysed by domestic brokerage and research firm Edelweiss. After a dull period in the number of public issues in 2022, the last two months of the year witnessed many companies launching their initial share sales and debuting in …

Mutual funds assets rise to ₹39.88 lakh crore in September on higher inflows into SIPs: AMFI
2 years, 2 months ago

Mutual funds assets rise to ₹39.88 lakh crore in September on higher inflows into SIPs: AMFI

The Hindu  

Driven by inflows into Systematic Investment Plans, the mutual fund industry's total assets under management rose to ₹39.88 lakh crore in September from ₹36.73 lakh crore a year earlier. According to the latest monthly data from the Association of Mutual Funds in India released on Monday, the industry-wide net AUM stood at ₹38.42 lakh crore in September. The contribution of …

HDFC Q1 net profit up 22%; to invest up to ₹2,000 cr in HDFC Life via pref issue
2 years, 4 months ago

HDFC Q1 net profit up 22%; to invest up to ₹2,000 cr in HDFC Life via pref issue

Live Mint  

Housing Development Finance Corporation on Friday reported a 22% rise in its standalone net profit at ₹3,669 crore for the first quarter ended Q1 FY23 as compared to ₹3,001 crore in the same quarter last year. Further, the board of HDFC at the meeting held today, along with its Q1 results, also approved the investment of an amount not exceeding …

FPI selloff remains slow in July with ₹7,432 cr outflow from equities
2 years, 5 months ago

FPI selloff remains slow in July with ₹7,432 cr outflow from equities

Live Mint  

Foreign portfolio investors continue to be sellers so far in July, however, the outflow of money in the equity market is at a slower pace compared to the previous month. More than two weeks have passed in the current month, and FPIs outflow has not even breached over ₹10,000 crore - which brings in the hope that finally there might …

Equity MFs Log Rs 12,917 Cr Outflow in Nov, Industry AUM Reaches Rs 30 Lakh Cr Mark
4 years ago

Equity MFs Log Rs 12,917 Cr Outflow in Nov, Industry AUM Reaches Rs 30 Lakh Cr Mark

News 18  

Equity mutual funds witnessed a massive outflow of Rs 12,917 crore in November, even as the assets under management of the industry touched a record high of Rs 30 lakh crore. However, investors had put in Rs 44,984 crore in debt mutual funds last month, as compared to Rs 1.1 lakh crore in October, data from the Association of Mutual …

Small towns account for 16% of MF asset base; Maharashtra biggest contributor
4 years, 1 month ago

Small towns account for 16% of MF asset base; Maharashtra biggest contributor

Live Mint  

The contribution of small towns or B30 cities to mutual fund industry's average assets under management of over ₹28 lakh crore stood at 16% as of October-end, while state-wise Maharashtra remained the biggest contributor to the assets base, industry body Amfi said. Since last few years, markets regulator Sebi has been pushing asset management companies to reach out to small …

Mutual fund redemption pressure continued in August
4 years, 3 months ago

Mutual fund redemption pressure continued in August

Deccan Chronicle  

Mumbai: Retail investors in mutual funds continued to book profits in equity-linked funds in August just as they did in July. Equity mutual funds saw almost daily redemptions in August barring a few days of net buying as per monthly data now available with the Securities and Exchange Board of India. As per data released by custodians to Sebi, August …

Mutual funds folio count surges by 18 lakh in June quarter
4 years, 4 months ago

Mutual funds folio count surges by 18 lakh in June quarter

India TV News  

The mutual fund industry has added 18 lakh investor accounts in three months ended June 30, taking the total tally to 9.15 crore, amid volatile market conditions. According to data from Association of Mutual Funds in India, the number of folios rose by 17.96 lakh to 9,15,42,092 at the end of June quarter from 8,97,46,051 at the end of March …

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