Net investments in active equity mutual fund (MF) schemes rose to 27,300 crore in December after declining to a 21month low of ₹2,260 crore in November, shows the latest data from the Association of Mutual Funds in India (Amfi).
The rebound in net inflows was driven by a surge in investments and moderation in redemptions. While the inflows into these schemes rose 5 per cent month-on-month (MoM) in December, the redemptions were 14 per cent lower compared to November.
The highest net inflows among active equity schemes were in mid-cap and small-cap funds.
"This (the jump in net inflows) was led by increased flows in mid-cap and small-cap categories which, after the recent fall, have started to look attractive in terms of valuations," said Akhil Chaturvedi, chief business officer, Motilal Oswal AMC.
"With persistent volatility in stock markets and the performance gap opening up between large-cap funds and small-cap & mid-cap funds, investors are now opting for value plays," said Gopal Kavalireddi, head of research at FYERS.
هذه القصة مأخوذة من طبعة January 11, 2023 من Business Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة January 11, 2023 من Business Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
Mayday for 'Sell in May': Strategy needs a rethink
Market strength hinges on policy continuity, Budget, and attention to domestic indicators and global cues, say experts
High-valued stock universe up 2.5x in a single year
FROM 41 TO 104: Number of stocks commanding P/E ratios over 50x in March 2023 reflects market confidence
Bharat Electronics'growth story intact
THE COMPASS DEVANGSHU DATTA Bharat Electronics (BEL) reported excellent results for the January-March quarter (Q4) of FY24, which were driven by decent earnings before interest, taxes, depreciation, and amortisation (Ebitda) margins and higher profit after tax (PAT) as well as good revenue growth.
Framework issued to shield stock price impact from market rumours
The Securities and Exchange Board of India (Sebi) on Tuesday detailed out a framework around \"unaffected price\" to calculate pricing for takeovers, buybacks, preferential issue and other such transactions.
Ireda plans FPO to unlock equity needs
Public sector non-banking financial company (NBFC) Ireda Limite will issue a follow-on public offering (FPO) during the current financial year to boost its equity capital.
'Mission is to push Indians to see Majestic Blue Ball'
GOPICHAND THOTAKURA, who recently made history by becoming India's first civilian astronaut or space tourist, in a video interview with Shine Jacob discusses his dream of an orbital space journey to view the country from the space, plans regarding collaborating with an Indian space startup, and aspiration of becoming an inspiration for others.
WEF: Tourism's share in global GDP to return to pre-Covid levels this year
The travel and tourism sector's contribution to global gross domestic product will return to pre-pandemic levels by the end of 2024, according to a new report by the World Economic Forum (WEF) on Tuesday.
GRAIN GAIN
Year of millets over, we need to dedicate a decade to these grains to build on the gains of 2023
Boards need to embrace AI
Boards of companies often face the imperative to embrace technological advancements to stay relevant in a rapidly evolving business environment.
A better way to fix MGNREGS
The problems of the rural job scheme should be tackled through stricter monitoring, not by burden-sharing