Top news
Open ended equity mutual funds witnessed inflows of Rs. 15,009 crore in December 2023. The net Asset Under Management (AUM) of the overall Mutual Fund industry stood at Rs 21.79 Lakh crore.
SIP inflows jumped 30% on Y-o-Y basis to Rs 17,610 crore in December 2023 compared to inflows of Rs 13,573 crore in December 2023.
IPO of Jyoti CNC Automation got oversubscribed by 40.49 times.
DSP AMC, Baroda BNP AMC, Bandhan AMC and Mirae AMC DSP Multicap Fund, Baroda BNP Paribas Nifty 50 Index Fund, Bandhan Multi Asset Allocation Fund and Mirae Asset Multi Asset Allocation Fund.
Index Returns
| Index | 1W | 1Y | 3Y | P/E | P/B |
|---|---|---|---|---|---|
| NIFTY 50 | 0.9% | 22.6% | 14.7% | 23.3 | 3.8 |
| NIFTY NEXT 50 | 0.8% | 30.4% | 16.7% | 26.3 | 4.4 |
| S&P BSE SENSEX | 0.8% | 21.0% | 17.9% | 25.7 | 3.8 |
| S&P BSE SmallCap | 1.6% | 54.6% | 35.2% | 33.3 | 3.5 |
| S&P BSE MidCap | 0.5% | 50.6% | 26.9% | 26.9 | 3.5 |
| NASDAQ 100 | 3.2% | 45.9% | 9.2% | 25.5 | 5.1 |
| S&P 500 | 1.8% | 19.6% | 8.0% | 26.0 | 4.5 |
Best Performers
| Mutual Funds | 1W | 1Y | 3Y |
|---|---|---|---|
| IPRU Nifty IT Index | 4.8% | 28.9% | NA |
| Bandhan Nifty IT Index | 4.8% | NA | NA |
| Axis Nifty IT Index | 4.8% | NA | NA |
| Nippon India Japan Equity | 4.8% | 21.1% | 2.8% |
| Edelweiss US Technology Equity FoF | 4.7% | 58.8% | 3.4% |
| ELSS Tax Saving Funds | 1W | 1Y | 3Y |
|---|---|---|---|
| NJ ELSS Tax Saver Scheme | 2.4% | NA | NA |
| ITI ELSS Tax Saver | 1.6% | 45.5% | 20.2% |
| Motilal Oswal ELSS Tax Saver | 1.6% | 46.2% | 23.9% |
| Taurus Taxshield | 1.4% | 34.2% | 18.5% |
| Quantum ELSS Tax Saver | 1.3% | 30.2% | 17.4% |
| Stocks (Market cap > Rs 50k Cr) | 1W | 1Y | 5Y |
|---|---|---|---|
| Suzlon Energy | 16.0% | 344.5% | 51.4% |
| JSW Energy | 13.4% | 73.1% | 46.0% |
| 11.9% | 252.7% | NA | |
| Hero MotoCorp | 11.1% | 62.7% | 5.2% |
| FSN E-Commerce Ventures | 10.3% | 21.0% | NA |
Worst Performers
| Mutual Funds | 1W | 1Y | 3Y |
|---|---|---|---|
| IPRU Strategic Metal & Energy Equity FoF | -3.2% | -3.5% | NA |
| DSP World Gold | -2.5% | -7.0% | -5.8% |
| DSP World Mining | -2.5% | -9.7% | 5.5% |
| Mirae Asset Hang Seng Tech ETF FoF | -2.1% | -17.4% | NA |
| Axis Greater China Equity FoF | -2.0% | -20.2% | NA |
| Stocks (Market cap > Rs 50k Cr) | 1W | 1Y | 5Y |
|---|---|---|---|
| Polycab India | -26.2% | 49.0% | NA |
| SRF | -6.5% | 6.8% | 41.0% |
| Nestle India | -6.0% | 29.0% | 19.2% |
| Vodafone Idea | -5.7% | 112.8% | -8.9% |
| NMDC | -5.5% | 64.6% | 21.4% |
Bought and Sold
| Most Bought MF | 1W | 1Y | 3Y |
|---|---|---|---|
| Parag Parikh Flexi Cap | 0.8% | 39.3% | 23.5% |
| Quant Small Cap | 2.4% | 55.0% | 46.3% |
| UTI Nifty 50 Index | 0.8% | 23.6% | 15.6% |
| Quant Mid Cap | 0.5% | 40.3% | 35.2% |
| Quant Flexi Cap | 1.1% | 37.2% | 32.4% |
| Most sold MF | 1W | 1Y | 3Y |
|---|---|---|---|
| Axis Mid Cap | 0.4% | 33.6% | 20.2% |
| Axis Bluechip | 0.9% | 22.6% | 10.6% |
| Axis ELSS Tax Saver | -0.1% | 27.3% | 10.1% |
| ICICI Prudential Technology | 0.9% | 28.2% | 17.8% |
| Axis Nifty Next 50 Index | 0.8% | 30.6% | NA |
Most Watchlisted
Mutual Fund Watchlist | 1W | 1Y | 3Y |
|---|---|---|---|
| Motilal Oswal Midcap | 2.5% | 49.0% | 36.1% |
| Axis Small Cap | 1.1% | 38.2% | 30.1% |
| IPRU Bluechip | 1.3% | 29.4% | 19.8% |
| IPRU Value Discovery | 0.3% | 33.0% | 26.8% |
| Bandhan Small Cap | 1.4% | 61.5% | 32.0% |
Stocks Watchlist | 1W | 1Y | 5Y |
|---|---|---|---|
| Tata Motors | 2.6% | 95.2% | 34.3% |
| Suzlon Energy | 16.0% | 344.6% | 51.4% |
| Tata Steel | 0.8% | 13.8% | 22.4% |
| Tata Power Co | 5.9% | 73.8% | 33.8% |
| REC | -1.7% | 252.0% | 43.3% |
US Stocks Watchlist | 1W | 1Y | 5Y |
|---|---|---|---|
| NVIDIA Corporation | 11.4% | 231.5% | 71.4% |
| Meta Platforms | 6.4% | 173.9% | 21.1% |
| Tesla | -7.8% | 77.2% | 56.6% |
| Microsoft Corporation | 5.6% | 64.3% | 31.8% |
| Amazon.com | 6.5% | 62.3% | 13.5% |
Data Source: NSE, BSE & Kuvera.in
Interested in how we think about the markets?
Read more: Zen And The Art Of Investing
Watch/hear on YouTube:
Start investing through a platform that brings goal planning and investing to your fingertips. Visit kuvera.in to discover Direct Plans and Fixed Deposits and start investing today.
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.
#MutualFundSahiHai, #KuveraSabseSahiHai!
