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SIP inflows jumped 20% on Y-o-Y basis to hit an all - time high of Rs 14,749 crore in May 2023 compared to inflows of Rs 12,286 crore in May 2022.
Open ended equity mutual funds witnessed inflows of Rs 3240 crore in May 2023. The net Asset Under Management (AUM) of the overall Mutual Fund industry stood at Rs 42.63 Lakh crore.
RBI’s MPC kept the repo rate and estimate of real GDP growth unchanged at 6.5% for FY24.
Edelweiss MF has launched the NFO for Edelweiss Multi Asset Allocation Growth Fund. The NFO close on June 19, 2023.
Index Returns
| Index | 1W | 1Y | 3Y | P/E | P/B |
|---|---|---|---|---|---|
| NIFTY 50 | 0.7% | 13.3% | 22.2% | 21.6 | 4.3 |
| NIFTY NEXT 50 | 1.1% | 12.6% | 19.0% | 28.3 | 4.7 |
| S&P BSE SENSEX | 0.7% | 13.9% | 22.1% | 23.2 | 3.3 |
| S&P BSE SmallCap | 1.1% | 16.1% | 37.9% | 25.6 | 2.6 |
| S&P BSE MidCap | 1.1% | 21.9% | 29.8% | 23.8 | 2.9 |
| NASDAQ 100 | 0.1% | 16.9% | 13.6% | 25.2 | 4.6 |
| S&P 500 | 0.4% | 10.2% | 10.0% | 24.9 | 4.2 |
Best Performers
| Mutual Funds | 1W | 1Y | 3Y |
|---|---|---|---|
| Axis Retirement Savings Fund - Dynamic | 2.1% | 14.9% | 15.8% |
| Bank of India Mid & Small Cap Equity & Debt | 1.4% | 17.4% | 29.6% |
| Union Retirement | 1.2% | NA | NA |
| UTI Multi Asset | 1.1% | 20.0% | 15.8% |
| Motilal Oswal Equity Hybrid | 1.1% | 15.3% | 17.1% |
| ELSS Tax Saving Funds | 1W | 1Y | 3Y |
|---|---|---|---|
| JM Tax Gain | 1.2% | 21.4% | 28.5% |
| LIC MF Tax | 0.5% | 18.1% | 24.1% |
| Bandhan Tax Advantage | 0.4% | 21.2% | 35.0% |
| Invesco India Tax | 0.9% | 14.5% | 22.4% |
| HSBC ELSS | 0.5% | 19.4% | 23.9% |
| Stocks (Market cap > Rs 50k Cr) | 1W | 1Y | 5Y |
|---|---|---|---|
| Hindustan Aeronautics | 21.2% | 102.7% | 30.1% |
| One97 Communications | 16.0% | 32.6% | NA |
| Zomato | 14.2% | 15.8% | NA |
| Astral Poly Technik | 9.9% | 57.6% | 34.5% |
| Adani Power | 8.7% | -2.9% | 70.2% |
Worst Performers
| Mutual Funds | 1W | 1Y | 3Y |
|---|---|---|---|
| Axis Retirement Saving Conservative | -0.33% | 6.9% | 10.1% |
| LIC MF Debt Hybrid | -0.28% | 7.5% | 7.4% |
| Motilal Oswal Multi Asset | -0.23% | 0.1% | NA |
| Tata Hybrid Equity | -0.16% | 16.1% | 21.8% |
| UTI Infrastructure | -0.11% | 26.7% | 28.2% |
| Stocks (Market cap > Rs 50k Cr) | 1W | 1Y | 5Y |
|---|---|---|---|
| Varun Beverages | -5.8% | 114.2% | 48.8% |
| Tech Mahindra | -5.2% | -5.3% | 11.7% |
| Marico | -4.2% | 8.8% | 11.0% |
| Infosys | -4.1% | -16.1% | 13.8% |
| Adani Wilmar | -3.7% | -34.7% | NA |
Bought and Sold
| Most Bought MF | 1W | 1Y | 3Y |
|---|---|---|---|
| Parag Parikh Flexi Cap | -0.5% | 19.3% | 28.4% |
| UTI Nifty 50 Index | 0.2% | 13.7% | 23.9% |
| Quant Small Cap | 1.6% | 30.5% | 63.8% |
| Tata Small Cap | 1.2% | 33.1% | 44.7% |
| Nippon India Small Cap | 1.8% | 33.3% | 48.0% |
| Most sold MF | 1W | 1Y | 3Y |
|---|---|---|---|
| Axis Focused 25 | 0.2% | 7.1% | 17.2% |
| Axis Bluechip | 0.2% | 10.1% | 17.8% |
| Tata Retirement Saving Moderate | 0.4% | 15.0% | 18.5% |
| Canara Robeco Emerging Equities | 0.7% | 15.2% | 26.8% |
| Canara Robeco Equity Hybrid | 0.5% | 14.7% | 19.5% |
Most Watchlisted
Mutual Fund Watchlist | 1W | 1Y | 3Y |
|---|---|---|---|
| Motilal Oswal Midcap | 0.4% | 36.3% | 41.2% |
| Axis Small Cap | 1.3% | 24.0% | 38.8% |
| Tata Digital India | -2.1% | 2.4% | 33.9% |
| ABSL Flexi Cap | 0.1% | 14.9% | 24.1% |
| IPRU Bluechip | 1.0% | 16.4% | 25.3% |
Stocks Watchlist | 1W | 1Y | 5Y |
|---|---|---|---|
| ITC | -0.3% | 63.7% | 13.0% |
| Tata Motors | 5.1% | 29.1% | 12.5% |
| Varun Beverages | -5.8% | 113.7% | 48.4% |
| Tata Steel | 2.8% | 0.2% | 15.1% |
| HAL | 21.2% | 102.6% | 30.1% |
US Stocks Watchlist | 1W | 1Y | 5Y |
|---|---|---|---|
| Provention Bio | 2.2% | 396.6% | NA |
| NVIDIA Corporation | -1.4% | 128.4% | 42.7% |
| Neftlix | 4.9% | 129.6% | 2.6% |
| Apple | 0.0% | 32.0% | 31.6% |
| Microsoft Corporation | 5.8% | 29.2% | 27.7% |
Data Source: NSE, BSE & Kuvera.in
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Registration granted by SEBI, membership of BASL (in case of IAs) and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.
Investment in the securities is subject to market risks. Read all the related documents carefully before investing.
The securities quoted are for illustration only and are not recommendatory.
This market update was initially published by Livemint.
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