Narnolia

Narnolia

Toll Free No: 1800-103-7212
HomeBlog

BLOG

Equity inflows rise as investors bet on small and mid-cap funds

Research Digest | June 12, 2019

Inflows towards the equity oriented mutual funds for the month of May 2019 saw a slight uptick and stood at Rs. 5407 crores.

Net Inflows to the mid cap and small cap category stood at Rs.1272 crores and Rs.1415 crores respectively, These 2 categories account for around half of the net inflows that took place in the month of May.

Large Cap funds along with sectoral/thematic funds did not find favour with the investors in the month of May as both of them managed to garner a meager Rs. 53 crore and Rs 63 crore respectively. The retail participation through the SIP route has stayed strong with inflows to the tune of Rs.8183 crores in May.The equity inflows at Rs.5407 crores despite inflow of Rs.8183 crores through SIP suggest selling pressures from the HNI`s in the market.

Selling pressure has continued in Balanced funds and Credit Risk Funds. Balanced funds saw a net outflow of Rs.2481 crores while Credit Risk funds have seen outflows of Rs.4155 crores. Credit Risk Funds have been hurt with the constant ratings downgrade and failure to make interest payments.

The Foreign Portfolio Investments towards Indian equity markets have shown total inflows of Rs 11371 crores out of which equity inflows stood at Rs. 7920 crores while the debt and hybrid investments stood at Rs. 1187 crores and 2264 crores respectively.

Long duration funds saw higher net inflows in the month of May along with Banking & PSU Funds. Key noticeable trends in the investment pattern has been a huge increase in the demand for arbitrage funds, as they saw net inflows of Rs.4554 crores.

The Mutual fund industry`s average AUM has grown by 1% MoM in May to Rs25.43 lakh crores. Index ETF`s saw a rise in net inflows from 17 crore in April to 219 crores in May, while Gold ETF`s continued their degrowth phase of net outflows.

















COMMENTS
No Comments Found
leave your comment
ABOUT THE BLOGGER
Dhwanik ShahResearchdhwanik.shah@narnolia.com

Research

OUR EXPERT BLOGGERS
avatar-dummy.jpgDhwanik ShahResearch
Romit_Barat_Romit_Barat.jpgRomit BaratVice President & Sales Head - PMS
Debanjali_Sengupta_debanjali.JPGDebanjali SenguptaContent Writer
Kamal_Kasera_Kamal_Kasera.pngKamal KaseraFixed Income and Currency Researcher
Shailendra_Kumar_Shailendra_Kumar.pngShailendra KumarCo-Founder & CIO
Naveen_Kumar_Dubey_Naveen.jpgNaveen Kumar DubeyFundamental research analyst
Anurag_Arora_Anurag.jpgAnurag AroraFundamental research analyst
Rubi_Burman_Rubi.jpgRubi BurmanNews and IPO Analyst
Krishna_Narnolia_2c2593de-0dc8-4a2a-947b-7bb05917f5da.jpgKrishna NarnoliaCMD & founder of Narnolia Group
Deepak_Kumar_Deepak.jpgDeepak KumarFundamental research analyst
Prakash_Modi_Prakash_Sir.jpegPrakash ModiAVP- Advisory
Vineeta_Sharma_Vineeta_mam.jpgVineeta SharmaHead of Equity Research
Atul_Mishra_Atul.jpgAtul MishraAdvanced Market Researcher
Pratik_Poddar_Pratik.jpgPratik PoddarFundamental Research Analyst
Sandip_Jabuani_Sandip.jpgSandip JabuaniFundamental research analyst
Sakina_Mandsaurwala_Sakina.jpgSakina MandsaurwalaAdvance Market Researcher
avatar-dummy.jpgKK MishraResearcher

Directory

current IPO
  • --
upcoming IPO
Narnolia Research & Advisory Narnolia Trading Platforms Narnolia Online | media Room