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Open ended equity mutual funds witnessed inflows of Rs 8,637 crore in June 2023 while inflows via SIPs stood at Rs 14,734 crore, 20% higher than previous year. The net Asset Under Management (AUM) of the overall Mutual Fund industry stood at Rs 44.39 Lakh crore.
Wholesale Price Inflation (WPI) contracted to a 3-month low of 4.12% in June 2023, from a contraction of 3.48% in the previous month, while retail inflation increased to 4.81% in June 2023 from 4.25% in the previous month.
Shares of CYIENT DLM and Senco Gold got listed at a premium of 52% and 36% respectively, while the IPO of Utkarsh Small Finance Bank got oversubscribed by 111 times.
Navi MF, Bandhan MF and Kotak MF have launched the NFOs for Navi Overnight Fund, Bandhan Financial Services and Kotak Quant Fund. The NFOs closes on July 14, July 24 and July 26 respectively.
Index Returns
| Index | 1W | 1Y | 3Y | P/E | P/B |
|---|---|---|---|---|---|
| NIFTY 50 | 1.2% | 22.8% | 21.9% | 24.0 | 4.8 |
| NIFTY NEXT 50 | 0.6% | 14.1% | 19.0% | 28.9 | 4.6 |
| S&P BSE SENSEX | 1.2% | 23.7% | 21.6% | 25.7 | 3.7 |
| S&P BSE SmallCap | 1.1% | 16.1% | 38.1% | 27.0 | 2.8 |
| S&P BSE MidCap | 1.4% | 29.7% | 29.9% | 25.5 | 3.1 |
| NASDAQ 100 | 3.3% | 23.2% | 13.6% | 22.0 | 4.0 |
| S&P 500 | 2.4% | 16.6% | 12.6% | 26.1 | 4.4 |
Best Performers
| Mutual Funds | 1W | 1Y | 3Y |
|---|---|---|---|
| DSP World Gold FoF | 7.7% | 30.9% | -4.4% |
| Mirae Asset Hang Seng Tech ETF FoF | 7.5% | -5.5% | NA |
| IPRU Silver ETF FoF | 7.3% | 31.3% | NA |
| DSP World Mining | 7.2% | 33.9% | 19.7% |
| UTI Silver ETF FoF | 7.2% | NA | NA |
| ELSS Tax Saving Funds | 1W | 1Y | 3Y |
|---|---|---|---|
| WOC Tax Saver | 2.0% | NA | NA |
| Tata India Tax Saving | 1.9% | 25.4% | 26.4% |
| Invesco India Tax | 1.9% | 25.2% | 23.0% |
| NJ ELSS Tax Saver Scheme | 1.9% | NA | NA |
| Quantum Tax Saving | 1.7% | 23.5% | 26.1% |
| Stocks (Market cap > Rs 50k Cr) | 1W | 1Y | 5Y |
|---|---|---|---|
| Zomato | 10.4% | 41.5% | NA |
| Polycab India | 8.8% | 75.1% | NA |
| Infosys | 6.1% | -1.3% | 17.6% |
| TCS | 5.8% | 15.7% | 12.5% |
| Info Edge | 5.7% | 21.6% | 30.1% |
Worst Performers
| Mutual Funds | 1W | 1Y | 3Y |
|---|---|---|---|
| IPRU PSU Equity | -1.0% | NA | NA |
| Bandhan US Treasury Bond 0 1 Year FoF | -0.9% | NA | NA |
| Tata Resources & Energy | -0.6% | 24.8% | 28.4% |
| IPRU Bharat 22 FoF | -0.5% | 43.5% | 38.2% |
| Quant Dynamic Asset Allocation | -0.4% | NA | NA |
| Stocks (Market cap > Rs 50k Cr) | 1W | 1Y | 5Y |
|---|---|---|---|
| Power Grid | -8.6% | 11.9% | 17.0% |
| PI Industries | -5.8% | 23.9% | 36.1% |
| NTPC | -4.7% | 26.1% | 11.0% |
| DLF | -4.0% | 41.9% | 21.5% |
| SRF | -3.9% | -1.7% | 46.1% |
Bought and Sold
| Most Bought MF | 1W | 1Y | 3Y |
|---|---|---|---|
| Parag Parikh Flexi Cap | -0.3% | 25.8% | 26.9% |
| UTI Nifty 50 Index | 1.3% | 23.8% | 23.8% |
| Nippon India Arbitrage | 0.2% | 6.9% | 5.2% |
| Quant Small Cap | 1.5% | 42.0% | 58.3% |
| Invesco India Arbitrage | 0.2% | 7.4% | 5.4% |
| Most sold MF | 1W | 1Y | 3Y |
|---|---|---|---|
| Axis Bluechip | 1.0% | 18.0% | 18.3% |
| Axis Focused 25 | 1.0% | 14.2% | 17.0% |
| IPRU Technology | 0.4% | 13.0% | 34.9% |
| Axis Long Term Equity | 0.8% | 19.8% | 19.3% |
| Franklin Ind Franklin US Opp.. | 2.8% | 24.6% | 7.7% |
Most Watchlisted
Mutual Fund Watchlist | 1W | 1Y | 3Y |
|---|---|---|---|
| Motilal Oswal Midcap | 1.8% | 35.7% | 40.5% |
| Axis Small Cap | 1.7% | 31.3% | 39.0% |
| Tata Digital India | 0.3% | 16.1% | 33.0% |
| ABSL Flexi Cap | 1.4% | 23.8% | 24.9% |
| IPRU Bluechip | 0.0% | 24.2% | 24.9% |
Stocks Watchlist | 1W | 1Y | 5Y |
|---|---|---|---|
| Tata Motors | 4.0% | 46.3% | 18.4% |
| Tata Steel | 4.0% | 29.5% | 18.0% |
| ITC | -0.2% | 60.8% | 13.6% |
| IDFC First Bank | 2.5% | 143.4% | 16.4% |
| Hindustan Aeronautics | 2.8% | 122.5% | 36.9% |
US Stocks Watchlist | 1W | 1Y | 5Y |
|---|---|---|---|
| Provention Bio | 2.2% | 396.6% | NA |
| NVIDIA Corporation | 7.0% | 188.5% | 49.0% |
| Netflix | 0.9% | 133.7% | 2.3% |
| Microsoft Corporation | 2.4% | 34.5% | 28.2% |
| Apple | 0.0% | 27.0% | 33.0% |
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.
