India MF Tracker - Net Equity Inflows Surge To All-Time High, Underpinned By Lower Redemptions: Motilal Oswal

NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Motilal Oswal Report.After achieving the milestone of 26,000 in September 2024, the Nifty-50 corrected in Oct-24 due to weak corporate earnings in Q2 FY25, the highest-ever monthly selling by FIIs, and geopolitical tensions in the Middle East. The index oscillated 1,834 points before closing 1,606 points lower (down 6.2% month-on-month) at 24,205 – the steepest MoM decline since Mar-20. Notably, DII inflows (at $12.8 billion) and FII outflows (at $10.9 billion) were at record highs in Oct-24. Equity AUM of domestic MFs (including ELSS and index funds) decreased 3.6% MoM to Rs 32.6 trillion in Oct’24, led by a fall in market indices (Nifty down 6.2% MoM). Notably, the month saw an increase in sales of equity schemes (up 3.5% MoM to Rs 868 billion). The pace of redemptions slowed down to Rs 370 billion (down 22.1% MoM). Consequently, net inflows surged to an all-time high in Oct-24 to Rs 498 billion versus Rs 364 billion in Sep’24. Total AUM of the MF industry inched up 0.2% MoM to Rs 67.3 trillion in Oct’24, driven by a MoM increase in AUM of liquid funds (Rs 1,138 billion), and income funds (Rs 495 billion). Conversely, AUM of equity funds declined by Rs 1,234 billion and other ETFs by Rs 274 billion MoM. Investors continued to park their money in mutual funds, with inflows into systematic investment plans reaching a new peak of Rs 253.2 billion in Oct-24 (up 3.3% MoM and 49.6% YoY)..Click on the attachment to read the full report:.Nalco Q2 Results Review - Broad-Based Beat Fueled By Favorable Pricing: Motilal Oswal.DISCLAIMERThis report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

India MF Tracker - Net Equity Inflows Surge To All-Time High, Underpinned By Lower Redemptions: Motilal Oswal

Investors continued to park their money in mutual funds, with inflows into systematic investment plans reaching a new peak of Rs 253.2 billion in Oct-24, says the brokerage.

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India MF Tracker - Net Equity Inflows Surge To All-Time High, Underpinned By Lower Redemptions: Motilal Oswal

Investors continued to park their money in mutual funds, with inflows into systematic investment plans reaching a new peak of Rs 253.2 billion in Oct-24, says the brokerage.

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