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SIP inflows jumped 30% on Y-o-Y basis to hit an all-time high of Rs 16,928 crore in October 2023 compared to inflows of Rs 13,041 crore in October 2022.
Open ended equity mutual funds witnessed inflows of Rs. 19,957 crores in October 2023. The net Asset Under Management (AUM) of the overall Mutual Fund industry stood at Rs 46.71 Lakh crore.
As per the data released by Central Board of Direct Taxes, India’s direct tax collections surged by 22 % to Rs 10.60 lakh crore for FY24.
Shares of Cello World got listed at a premium of 28% over issue prices of Rs 648 while IPOs of ESAF Small Finance Bank, ASK Automotive and Protean eGov Technologies got oversubscribed by 77 times, 51.14 times and 23.86 times respectively
Index Returns
| Index | 1W | 1Y | 3Y | P/E | P/B |
|---|---|---|---|---|---|
| NIFTY 50 | 1.0% | 7.8% | 15.9% | 21.0 | 3.4 |
| NIFTY NEXT 50 | 1.9% | 6.9% | 16.7% | 22.2 | 3.7 |
| S&P BSE SENSEX | 0.8% | 7.1% | 17.9% | 22.9 | 3.3 |
| S&P BSE SmallCap | 1.1% | 16.1% | 35.2% | 29.0 | 3.0 |
| S&P BSE MidCap | 2.6% | 28.7% | 26.9% | 23.5 | 3.0 |
| NASDAQ 100 | 2.9% | 31.4% | 9.5% | 23.4 | 4.7 |
| S&P 500 | 1.3% | 10.6% | 7.5% | 24.4 | 4.2 |
Best Performers
| Mutual Funds | 1W | 1Y | 3Y |
|---|---|---|---|
| LIC Healthcare | 5.4% | 16.9% | 11.6% |
| Mirae Asset Healthcare | 4.6% | 23.2% | 18.4% |
| ABSL Pharma & Healthcare | 4.6% | 28.0% | 16.9% |
| Tata India Pharma & Healthcare | 4.5% | 25.1% | 18.5% |
| UTI Healthcare | 4.4% | 26.1% | 16.3% |
| ELSS Tax Saving Funds | 1W | 1Y | 3Y |
|---|---|---|---|
| Motilal Oswal ELSS Tax Saver | 4.1% | 27.0% | 24.7% |
| ITI ELSS Tax Saver | 3.0% | 23.2% | 20.4% |
| Quant Tax | 2.8% | 13.3% | 36.2% |
| Shriram Long Term Equity | 2.8% | 12.4% | 15.6% |
| JM ELSS Tax Saver | 2.3% | 21.0% | 22.4% |
| Stocks (Market cap > Rs 50k Cr) | 1W | 1Y | 5Y |
|---|---|---|---|
| Solar Industries India | 14.8% | 46.5% | 43.6% |
| Aurobindo Pharma | 14.5% | 81.0% | 3.6% |
| Yes Bank | 14.0% | 10.6% | -38.3% |
| Trent | 13.7% | 65.8% | 50.1% |
| Alkem Laboratories | 13.6% | 35.1% | 18.4% |
Worst Performers
| Mutual Funds | 1W | 1Y | 3Y |
|---|---|---|---|
| IPRU Strategic Metal & Energy Equity FoF | -5.7% | -1.7% | NA |
| DSP World Gold | -3.6% | 10.2% | -7.7% |
| PGIM India Global Select Real Estate Sec... | -2.9% | 3.7% | NA |
| DSP World Mining | -2.8% | -2.3% | 10.4% |
| IPRU US Bluechip Equity | -1.9% | 21.3% | 11.9% |
| Stocks (Market cap > Rs 50k Cr) | 1W | 1Y | 5Y |
|---|---|---|---|
| Supreme Industries | -5.9% | 76.9% | 33.6% |
| Samvardhana Motherson International | -3.9% | 29.4% | -2.78 |
| Muthoot FInance | -3.0% | 13.9% | 22.5% |
| One97 Communications | -2.9% | 38.9% | NA |
| JSW Energy | -2.9% | 16.9% | 39.5% |
Bought and Sold
| Most Bought MF | 1W | 1Y | 3Y |
|---|---|---|---|
| Parag Parikh Flexi Cap | 2.1% | 24.6% | 23.4% |
| UTI Nifty 50 Index | 1.0% | 8.6% | 16.5% |
| Quant Small Cap | 2.7% | 36.0% | 47.1% |
| Parag Parikh Arbitrage | 0.1% | NA | NA |
| HDFC Mid Cap Opportunities | 2.5% | 32.9% | 33.8% |
| Most sold MF | 1W | 1Y | 3Y |
|---|---|---|---|
| IPRU Equity Arbitrage | 0.1% | 8.0% | 5.5% |
| Axis Bluechip | 1.1% | 6.2% | 11.8% |
| UTI Flexi Cap | 1.6% | 7.1% | 14.7% |
| Edelweiss Arbitrage | 0.1% | 8.2% | 5.8% |
| PGIM India Flexi Cap | 1.6% | 10.6% | 20.7% |
Most Watchlisted
Mutual Fund Watchlist | 1W | 1Y | 3Y |
|---|---|---|---|
| Nippon India Small Cap | 1.4% | 37.3% | 44.4% |
| HSBC Small Cap | 2.7% | 36.4% | 42.6% |
| JM Value Growth | 2.1% | 36.2% | 29.1% |
| Quant Small Cap | 2.7% | 36.0% | 47.1% |
| Franklin Build India | 2.8% | 35.1% | 37.0% |
Stocks Watchlist | 1W | 1Y | 5Y |
|---|---|---|---|
| REC | 7.7% | 223.0% | 31.7% |
| Power Finance Corp | 11.7% | 204.1% | 30.4% |
| Tata Motors | 2.3% | 50.3% | 33.6% |
| Aurobindo Pharrma | 14.5% | 81.0% | 3.6% |
| Indian Overseas Bank | -1.1% | 79.7% | 21.6% |
US Stocks Watchlist | 1W | 1Y | 5Y |
|---|---|---|---|
| Abercrombie & Fitch Co. | 2.2% | 253.0% | 30.6% |
| EHang Holdings | -15.8% | 223.1% | NA |
| Gaotu Techedu | 0.0% | 224.5% | NA |
| Super Micro Computer | 4.3% | 218.7% | 85.3% |
| NVIDIA Corporation | 7.4% | 196.0% | 56.7% |
Data Source: NSE, BSE & Kuvera.in
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Disclaimer: Mutual Fund investments are subject to market risks. Read all scheme related documents carefully.
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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