Top news
SEBI in a circular, announced that Mutual funds can now launch new sub categories under ESG theme. The new categories are - Exclusions, Integration, Best-in-class & positive screening, Impact investing, Sustainable objectives and Transition or transition related investments.
BSE Sensex surpassed the 67000 marks for the first time, recording an all-time high during this week.
Shares of Utkarsh Small Finance Bank got listed at a premium of 60% over issue price of Rs 25 while the IPO of Netweb Technologies India got oversubscribed by 91 times.
UTI AMC has launched the NFO for UTI Balance Advantage Fund. The NFO closes on 4, Aug 2023.
Index Returns
| Index | 1W | 1Y | 3Y | P/E | P/B |
|---|---|---|---|---|---|
| NIFTY 50 | 0.9% | 18.9% | 21.4% | 24.0 | 4.8 |
| NIFTY NEXT 50 | -0.1% | 9.6% | 18.5% | 28.8 | 4.6 |
| S&P BSE SENSEX | 0.9% | 19.8% | 22.1% | 25.4 | 3.7 |
| S&P BSE SmallCap | 1.1% | 16.1% | 38.5% | 27.2 | 2.8 |
| S&P BSE MidCap | 0.5% | 24.7% | 29.7% | 25.6 | 3.1 |
| NASDAQ 100 | -0.9% | 24.4% | 12.1% | 22.8 | 4.0 |
| S&P 500 | 0.7% | 14.5% | 11.7% | 26.3 | 4.4 |
Best Performers
| Mutual Funds | 1W | 1Y | 3Y |
|---|---|---|---|
| ABSL Cef Global Agri | 3.7% | 1.3% | 20.4% |
| Mirae Asset Banking & Fin... | 3.5% | 31.3% | NA |
| SBI PSU | 3.5% | 40.4% | 28.7% |
| Mirae Asset NYSE FANG FoF | 3.5% | 62.3% | NA |
| Tata Housing Opportunities | 3.4% | NA | NA |
| ELSS Tax Saving Funds | 1W | 1Y | 3Y |
|---|---|---|---|
| Quant Tax | 2.0% | 21.1% | 42.0% |
| Tata India Tax Saving | 1.6% | 21.7% | 25.0% |
| Bank Of India Tax Advantage | 1.4% | 23.3% | 28.0% |
| Franklin India Taxshield | 1.3% | 22.1% | 27.7% |
| Kotak Tax Saver | 1.2% | 23.5% | 26.6% |
| Stocks (Market cap > Rs 50k Cr) | 1W | 1Y | 5Y |
|---|---|---|---|
| Polycab India | 20.2% | 108.6% | NA |
| United Spirits | 12.4% | 27.2% | 11.5% |
| Union Bank of India | 11.8% | 141.6% | 2.5% |
| HDFC AMC | 7.3% | 30.1% | NA |
| Ashok Leyland | 6.8% | 22.5% | 11.3% |
Worst Performers
| Mutual Funds | 1W | 1Y | 3Y |
|---|---|---|---|
| Axis Greater China Equity FoF | -3.5% | -6.5% | NA |
| IPRU Nifty IT Index | -3.2% | NA | NA |
| Invesco Global Consumer Trends FoF | -3.0% | 6.9% | NA |
| Mirae Asset Hang Seng Tech ETF FoF | -3.0% | -7.3% | NA |
| Edelweiss Greater China Equity Off Shore | -2.6% | -4.2% | -2.8% |
| Stocks (Market cap > Rs 50k Cr) | 1W | 1Y | 5Y |
|---|---|---|---|
| IPRU Life Insurance | -7.9% | 5.4% | 9.3% |
| Reliance Industries | -7.5% | 1.4% | 21.3% |
| HDFC Life Insurance | -4.9% | 23.3% | 6.4% |
| Shree Cement | -4.4% | 14.3% | 8.6% |
| ABB India | -4.1% | 62.6% | 31.3% |
Bought and Sold
| Most Bought MF | 1W | 1Y | 3Y |
|---|---|---|---|
| HDFC Small Cap | 1.1% | 40.0% | 44.9% |
| Parag Parikh Flexi Cap | 1.2% | 25.0% | 26.8% |
| Quant Small Cap | 2.2% | 40.2% | 57.6% |
| UTI Nifty 50 Index | 0.9% | 19.8% | 22.1% |
| Quant Dynamic Asset Allocation | 1.4% | NA | NA |
| Most sold MF | 1W | 1Y | 3Y |
|---|---|---|---|
| Axis Bluechip | 0.3% | 13.9% | 16.8% |
| IPRU Technology | 4.4% | 13.8% | 32.9% |
| Axis Focused 25 | 0.0% | 9.7% | 15.8% |
| Axis Long Term Equity | -0.5% | 14.2% | 17.8% |
| Motilal Oswal Focused | 0.0% | 15.8% | 17.7% |
Most Watchlisted
Mutual Fund Watchlist | 1W | 1Y | 3Y |
|---|---|---|---|
| Motilal Oswal Midcap | -1.5% | 28.0% | 38.8% |
| Axis Small Cap | -0.7% | 26.0% | 38.1% |
| Tata Digital India | 3.3% | 15.4% | 30.9% |
| ABSL Flexi Cap | 0.9% | 20.6% | 23.7% |
| IPRU Bluechip | 2.4% | 23.5% | 25.2% |
Stocks Watchlist | 1W | 1Y | 5Y |
|---|---|---|---|
| Tata Motors | 0.8% | 38.0% | 19.7% |
| Tata Steel | 1.5% | 25.6% | 20.9% |
| IDFC First Bank | 1.8% | 137.4% | 17.3% |
| ITC | 3.9% | 64.5% | 14.2% |
| Adani Power | 1.9% | -16.6% | 61.7% |
US Stocks Watchlist | 1W | 1Y | 5Y |
|---|---|---|---|
| Provention Bio | 2.1% | 396.6% | NA |
| NVIDIA Corporation | -2.6% | 155.8% | 48.1% |
| Netflix | -3.3% | 93.9% | 3.9% |
| Microsoft Corporation | 2.6% | 32.0% | 27.9% |
| Apple | 0.7% | 24.6% | 33.2% |
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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