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SIP inflows jumped 25% on Y-o-Y basis to hit an all time high of Rs 15,814 crore in August 2023 compared to inflows of Rs 12,693 crore in August 2022
Open ended equity mutual funds witnessed inflows of Rs 20,245 crore in August 2023. The net Asset Under Management (AUM) of the overall Mutual Fund industry stood at Rs 46.62 Lakh crore
As per data released by the Ministry of Statistics India’s retail inflation moderated to 6.83% in Aug 2023 from 7.4% in July 2023. Whereas, CPI inflation stood at 4.8% in Aug 2023 from 4.9% in July 2023
IPO of R R Kabel Ltd and EMS Ltd got oversubscribed by 18.7 and 76.2 times respectively
HDFC AMC has launched the NFO for HDFC Pharma & Healthcare Growth Fund. The NFO closes on September 28, 2023
Index Returns
| Index | 1W | 1Y | 3Y | P/E | P/B |
|---|---|---|---|---|---|
| NIFTY 50 | 1.9% | 13.0% | 20.8% | 22.8 | 4.5 |
| NIFTY NEXT 50 | -0.1% | 1.4% | 19.1% | 26.0 | 4.5 |
| S&P BSE SENSEX | 1.9% | 13.2% | 17.9% | 24.7 | 3.7 |
| S&P BSE SmallCap | 1.1% | 16.1% | 35.2% | 30.9 | 3.2 |
| S&P BSE MidCap | -0.5% | 23.6% | 26.9% | 25.5 | 3.4 |
| NASDAQ 100 | -0.5% | 28.2% | 10.4% | 22.9 | 4.0 |
| S&P 500 | -0.2% | 14.9% | 9.6% | 25.4 | 4.3 |
Best Performers
| Mutual Funds | 1W | 1Y | 3Y |
|---|---|---|---|
| HSBC Brazil | 5.6% | 10.5% | 5.0% |
| IPRU Nifty IT Index | 2.9% | 21.8% | NA |
| Axis Nifty IT Index | 2.9% | NA | NA |
| Bandhan Nifty IT index | 2.9% | NA | NA |
| DSP World Mining | 2.8% | 14.7% | 14.4% |
| ELSS Tax Saving Funds | 1W | 1Y | 3Y |
|---|---|---|---|
| Navi ELSS Tax Saver Nifty 50 Index | 1.9% | NA | NA |
| 360 One ELSS Nifty 50 Tax Saver... | 1.9% | NA | NA |
| Quantum Tax Saving | 1.6% | 17.9% | 24.1% |
| HDFC Tax Saver | 1.5% | 22.3% | 28.5% |
| Taurus Taxshield | 1.5% | 21.9% | 21.6% |
| Stocks (Market cap > Rs 50k Cr) | 1W | 1Y | 5Y |
|---|---|---|---|
| Indian Overseas Bank | 21.0% | 106.8% | 19.4% |
| Vodafone Idea | 11.4% | 20.0% | -17.0% |
| Punjab National Bank | 11.3% | 84.9% | -1.9% |
| Bajaj Auto | 8.8% | 33.3% | 13.5% |
| IPRU Life Insurance Co | 8.8% | 2.9% | 8.7% |
Worst Performers
| Mutual Funds | 1W | 1Y | 3Y |
|---|---|---|---|
| HDFC Defence | -4.24% | NA | NA |
| Franklin India Opportunities | -2.1% | 27.1% | 29.3% |
| HDFC Infrastructure | -1.9% | 35.4% | 41.6% |
| Tata Infrastructure | -1.9% | 21.6% | 38.6% |
| Tata Nifty Midcap 150 Momentum | -1.8% | NA | NA |
| Stocks (Market cap > Rs 50k Cr) | 1W | 1Y | 5Y |
|---|---|---|---|
| Supreme Industries | -9.5% | 100.9% | 31.7% |
| Schaeffler India | -5.2% | -8.6% | 25.7% |
| Max Healthcare Institute | -5.1% | 35.5% | NA |
| SRF | -3.8% | -16.0% | 43.3% |
| Siemens | -3.3% | 22.6% | 32.2% |
Bought and Sold
| Most Bought MF | 1W | 1Y | 3Y |
|---|---|---|---|
| Parag Parikh Flexi Cap | 1.7% | 21.0% | 25.6% |
| Quant Small Cap | -1.4% | 34.6% | 48.2% |
| UTI Nifty 50 Index | 1.9% | 13.9% | 21.7% |
| Quant Mid Cap | 0.7% | 22.8% | 40.8% |
| HDFC Small Cap | -0.4% | 35.2% | 40.5% |
| Most sold MF | 1W | 1Y | 3Y |
|---|---|---|---|
| Axis Bluechip | 1.6% | 7.0% | 16.4% |
| Axis Small Cap | -0.3% | 22.0% | 33.8% |
| Navi Nifty 50 Index Fund | 1.9% | 13.9% | NA |
| UTI Flexi Cap | 0.7% | 6.8% | 19.2% |
| DSP Midcap | -0.9% | 18.3% | 20.8% |
Most Watchlisted
Mutual Fund Watchlist | 1W | 1Y | 3Y |
|---|---|---|---|
| Motilal Oswal Midcap | -0.7% | 23.1% | 37.9% |
| Axis Small Cap | -0.3% | 22.0% | 33.8% |
| IPRU Bluechip | 1.8% | 18.2% | 25.2% |
| IPRU Value Discovery | 1.7% | 25.3% | 31.6% |
| Bandhan Sterling Value | 0.4% | 22.5% | 36.9% |
Stocks Watchlist | 1W | 1Y | 5Y |
|---|---|---|---|
| Tata Motors | 3.2% | 40.9% | 19.0% |
| IDFC First Bank | -1.3% | 85.8% | 16.3% |
| Tata Steel | 1.4% | 20.9% | 18.6% |
| ITC | 0.6% | 33.7% | 10.5% |
| HAL | -2.3% | 53.7% | 35.6% |
US Stocks Watchlist | 1W | 1Y | 5Y |
|---|---|---|---|
| Provention Bio | 2.2% | 396.6% | 49.5% |
| NVIDIA Corporation | -3.7% | 232.6% | 44.9% |
| Netflix | -10.4% | 65.3% | 1.7% |
| Microsoft Corporation | -1.2% | 34.9% | 25.2% |
| Alphabet | 0.8% | 33.7% | 18.4% |
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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