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SIP's outshine amidst HNI's selling pressure

Mutual Funds | May 15, 2019
Net Equity inflows including ELSS schemes for the month of April declined to a 31 month low at Rs.4608 crores.

The inflows to the equity schemes have been higher than expected on the back of strong inflows towards opportunistic segments such as mid cap funds, small cap funds and sectoral/thematic funds

Also, the most preferred investment option, the large cap funds along with large & mid cap funds have managed to garner in just Rs.28 crore. signifying the shift in investment focus.

The retail participation towards the equity has remained strong despite the volatility in the market. SIP`s for the month of April have seen inflow of Rs 8238 crores as compared to 8055 crores a month ago.

The equity inflows at Rs.4608 despite inflow of Rs.8238 crores through SIP suggest selling pressures from the HNI`s in the market.

Balanced funds have seen net outflows from the category to the tune of Rs.2121 crores

The poor returns from balanced funds and untimely dividends have forced the investors to take out money from these funds.

The Foreign Portfolio Investments towards Indian equity markets have remained stable at Rs 21193 crores in April while they have redeemed Rs.5099 crores worth of debt papers because of the credit crunches in the economy after the IL&FS fiasco. 

Liquid funds have become the new favourite due to the minimal credit risk associated with them and have garnered Rs.89778 crores.

The credit risk funds also witnessed the wrath of the market as outflows in them touched Rs.1253 crores.

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.1529 crores. 

The Mutual fund industry`s AUM has grown by 6% MoM in April to Rs. 2527633 crores.

After adding 10540 crores in the previous month, the other ETF segment saw a withdrawal of Rs4259 crore in April.








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