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GST collections stood at Rs 1.6 lakh crore for August 2023, a jump of 11% compared to the same month last year.
Shares of Aeroflex Industries and Pyramid Technoplast got listed at a premium of 83% and 13% over issue price of Rs 190 and Rs 166 respectively while, IPOs of Rishabh Instruments and Vishnu Prakash R Punglia got oversubscribed by 31.65 times and 87.82 times respectively.
HDFC AMC, Kotak AMC and WOC AMC have launched NFOs for HDFC Technology Fund, Kotak Multi Asset Allocation Fund and WOC Multi Cap Fund. The NFOs closes on September 5 and September 14 respectively.
Index Returns
| Index | 1W | 1Y | 3Y | P/E | P/B |
|---|---|---|---|---|---|
| NIFTY 50 | 0.9% | 10.8% | 19.5% | 22.2 | 4.4 |
| NIFTY NEXT 50 | 1.6% | 2.5% | 18.6% | 25.3 | 4.4 |
| S&P BSE SENSEX | 0.8% | 11.3% | 17.9% | 23.8 | 3.5 |
| S&P BSE SmallCap | 1.1% | 16.09% | 35.2% | 30.6 | 3.1 |
| S&P BSE MidCap | 2.3% | 23.0% | 26.9% | 24.7 | 3.2 |
| NASDAQ 100 | 3.3% | 20.6% | 8.5% | 23.3 | 4.1 |
| S&P 500 | 2.5% | 15.1% | 8.8% | 25.8 | 4.3 |
Best Performers
| Mutual Funds | 1W | 1Y | 3Y |
|---|---|---|---|
| Edelweiss US Technology Equity FoF | 6% | 31.3% | 8.9% |
| Motilal Oswal Midcap | 5.4% | 27.9% | 38.4% |
| HDFC Defence | 5.2% | NA | NA |
| Kotak Nifty Smallcap 50 Index | 5.1% | NA | NA |
| Axis Nifty Smallcap 50 Index | 4.9% | 29.4% | NA |
| ELSS Tax Saving Funds | 1W | 1Y | 3Y |
|---|---|---|---|
| Quant Tax | 3.5% | 16.0% | 37.5% |
| Taurus Taxshield | 2.4% | 21.9% | 20.9% |
| ITI Long Term Equity | 2.4% | 20.4% | 20.3% |
| UTI Long Term Equity | 2.3% | 11.1% | 22.0% |
| Parag Parikh Tax Saver | 2.3% | 19.9% | 25.9% |
| Stocks (Market cap > Rs 50k Cr) | 1W | 1Y | 5Y |
|---|---|---|---|
| Indian Railway Finance Corp | 14.7% | 159.4% | NA |
| Jindal Steel & Power | 8.0% | 61.7% | 25.0% |
| Maruti Suzuki India | 7.9% | 13.6% | 3.2% |
| Tube Investments of India | 7.9% | 32.0% | 58.2% |
| Tata Steel | 7.4% | 17.4% | 17.7% |
Worst Performers
| Mutual Funds | 1W | 1Y | 3Y |
|---|---|---|---|
| LIC MF Healthcare | -0.8% | 12.7% | 9.7% |
| Tata India Pharma & HealthCare | -0.6% | 23.9% | 17.3% |
| UTI S&P BSE Low Volatility Index | -0.5% | 15.3% | NA |
| Motilal Oswal S&P BSE Low... | -0.5% | 14.9% | NA |
| Nippon India Taiwan Equity | -0.5% | 25.6% | NA |
| Stocks (Market cap > Rs 50k Cr) | 1W | 1Y | 5Y |
|---|---|---|---|
| Torrent Pharmaceuticals | -9.0% | 15.3% | 16.3% |
| Adani Transmission | -7.9% | -79.2% | 29.7% |
| Union Bank Of India | -5.7% | 103.7% | 0.2% |
| Dr. Reddy's Laboratories | -5.6% | 30.1% | 15.2% |
| One97 Communications | -5.2% | 19.4% | NA |
Bought and Sold
| Most Bought MF | 1W | 1Y | 3Y |
|---|---|---|---|
| Quant Small Cap | 3.9% | 41.2% | 51.1% |
| Parag Parikh Flexi Cap | 0.9% | 19.5% | 23.7% |
| UTI Nifty 50 Index | 0.9% | 11.7% | 20.4% |
| HDFC Balanced Advantage | 1.0% | 21.7% | 27.0% |
| Axis Small Cap | 2.3% | 24.0% | 36.0% |
| Most sold MF | 1W | 1Y | 3Y |
|---|---|---|---|
| Axis Bluechip | 1.4% | 5.0% | 15.3% |
| ICICI Prudential Nifty Bank Index | 0.4% | 13.6% | NA |
| Axis Focused 25 | 1.2% | -0.1% | 13.3% |
| Invesco India Arbitrage | 0.0% | 7.8% | 5.6% |
| Quant Absolute | 2.5% | 10.2% | 29.3% |
Most Watchlisted
Mutual Fund Watchlist | 1W | 1Y | 3Y |
|---|---|---|---|
| Motilal Oswal Midcap | 5.4% | 25.7% | 35.9% |
| Axis Small Cap | 2.3% | 24.0% | 36.0% |
| IPRU Bluechip | -0.1% | 14.9% | 23.4% |
| IPRU Value Discovery | -0.2% | 21.9% | 28.7% |
| Bandhan Sterling Value | 2.2% | 22.4% | 37.2% |
Stocks Watchlist | 1W | 1Y | 5Y |
|---|---|---|---|
| Tata Motors | 0.0% | 29.7% | 17.7% |
| IDFC First Bank | 2.9% | 87.5% | 14.4% |
| ITC | -2.2% | 37.6% | 9.0% |
| Tata Steel | 7.4% | 17.4% | 17.7% |
| Union Bank Of India | -5.7% | 103.7% | 0.2% |
US Stocks Watchlist | 1W | 1Y | 5Y |
|---|---|---|---|
| Provention Bio | 2.2% | 396.6% | 49.4% |
| NVIDIA Corporation | 5.4% | 255.5% | 47.4% |
| Netflix | 5.7% | 94.5% | 3.7% |
| Microsoft Corporation | 1.8% | 28.4% | 25.3% |
| Alphabet | 4.5% | 25.8% | 17.1% |
Data Source: NSE, BSE & Kuvera.in
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This market update was initially published by Livemint.
#MutualFundSahiHai, #KuveraSabseSahiHai!
abhinav
September 4, 2023 AT 12:11
Is there an option to select the folios with more than a year while redemption to ensure Short-term capital gain is not imposed?