Top news
SEBI announces MF industry to move towards T+1 settlement (trade plus one day) for buying and redemption of units, aligning with the equity markets. This change is expected to benefit investors and encourage them to consider equity schemes for a higher return.
Gross GST revenue collected in July 2023 is ₹1,65,105 crore, up 11% (YoY)
The Income Tax Return (ITR) filings for Assessment Year 2023-24 reached a new record of over 6.77 crore filings till July 31, 2023, representing a 16.1 percent increase from the previous year, with the highest number of filings happening on the last day.
Index Returns
| Index | 1W | 1Y | 3Y | P/E | P/B |
|---|---|---|---|---|---|
| NIFTY 50 | -0.7% | 12.3% | 76% | 22.7 | 4.7 |
| NIFTY NEXT 50 | -0.9% | 7.3% | 66% | 26.1 | 4.6 |
| S&P BSE SENSEX | -0.7% | 12.7% | 74% | 24.4 | 3.6 |
| S&P BSE SmallCap | 1.1% | 16.1% | 189.2% | 28.4 | 2.9 |
| S&P BSE MidCap | 0.0% | 23.3% | 117.7% | 24.3 | 3.1 |
| NASDAQ 100 | -2.8% | 9.9% | 11.4% | 22.3 | 3.9 |
| S&P 500 | -2.3% | 8.0% | 10.8% | 25.6 | 4.3 |
Best Performers
| Mutual Funds | 1W | 1Y | 3Y |
|---|---|---|---|
| Axis Nifty IT Index | 3.2% | NA | NA |
| ICICI Prudential Nifty IT Index | 3.2% | NA | NA |
| Motilal Oswal Nifty Microcap 250 Index | 2.5% | NA | NA |
| SBI Magnum COMMA | 2.4% | 12.3% | 23.2% |
| Tata India Pharma & HealthCare | 2.1% | 24.3% | 18.6% |
| ELSS Tax Saving Funds | 1W | 1Y | 3Y |
|---|---|---|---|
| Samco ELSS Tax Saver | 1.2% | NA | NA |
| NJ ELSS Tax Saver Scheme | 1.0% | NA | NA |
| Taurus Taxshield | 0.7% | 21.2% | 20.6% |
| UTI Long Term Equity | 0.5% | 11.9% | 23.0% |
| Invesco India Tax | 0.5% | 15.6% | 21.3% |
| Stocks (Market cap > Rs 50k Cr) | 1W | 1Y | 5Y |
|---|---|---|---|
| Indian Railway Finance Corp | 29.3% | 111.5% | NA |
| Zomato | 12.3% | 72.1% | NA |
| IDBI Bank | 10.6% | 54.9% | -0.2% |
| Adani Power | 10.1% | -18.0% | 55.0% |
| NTPC | 9.7% | 36.5% | 13.7% |
Worst Performers
| Mutual Funds | 1W | 1Y | 3Y |
|---|---|---|---|
| Nippon India Taiwan Equity | -7.5% | 29.9% | NA |
| DSP World Gold | -3.9% | 20.6% | 9.8% |
| Kotak International REIT FOF | -3.9% | -8.6% | NA |
| Motilal Oswal MSCI EAFE Top100 Select Index | -3.1% | 18.9% | NA |
| Mahindra Manulife Asia Pacific REITs FoF | -2.6% | -6.5% | NA |
| Stocks (Market cap > Rs 50k Cr) | 1W | 1Y | 5Y |
|---|---|---|---|
| Vedanta | -10.9% | -0.7% | 16.5% |
| Max Healthcare Institute | -10.7% | 45.5% | NA |
| Adani Green Energy | -9.5% | -54.1% | 71.0% |
| Bajaj Finserv | -7.9% | -2.5% | 17.2% |
| State Bank of India | -7.0% | 6.0% | 16.1% |
Bought and Sold
| Most Bought MF | 1W | 1Y | 3Y |
|---|---|---|---|
| Axis Small Cap | 1.4% | 23.9% | 37.4% |
| Quant Small Cap | 1.3% | 39.7% | 52.0% |
| HDFC Small Cap | 0.1% | 39.0% | 43.7% |
| Parag Parikh Flexi Cap | -0.6% | 19.9% | 25.6% |
| UTI Nifty 50 Index | -0.6% | 13.2% | 21.9% |
| Most sold MF | 1W | 1Y | 3Y |
|---|---|---|---|
| Axis Bluechip | -1.1% | 6.5% | 16.3% |
| Axis Focused 25 | -0.8% | 2.8% | 15.3% |
| Quant Dynamic Asset Allocation | -0.4% | NA | NA |
| Canara Robeco Conservative Hybrid | -0.1% | 8.2% | 9.6% |
| Motilal Oswal Flexi Cap | 1.6% | 15.8% | 15.0% |
Most Watchlisted
Mutual Fund Watchlist | 1W | 1Y | 3Y |
|---|---|---|---|
| Motilal Oswal Midcap | 0.2% | 27.1% | 39.2% |
| Axis Small Cap | 0.8% | 23.9% | 37.4% |
| Tata Digital India | 1.0% | 8.6% | 27.9% |
| IPRU Bluechip | -0.6% | 17.4% | 25.0% |
| IPRU Value Discovery | 0.2% | 23.4% | 30.6% |
Stocks Watchlist | 1W | 1Y | 5Y |
|---|---|---|---|
| Tata Motors | -4.5% | 31.5% | 19.1% |
| IDFC First Bank | 5.9% | 102.7% | 16.8% |
| Tata Steel | -0.7% | 11.2% | 18.9% |
| ITC | -2.2% | 47.6% | 11.3% |
| Union Bank of India | -4.3% | 125.7% | 1.3% |
US Stocks Watchlist | 1W | 1Y | 5Y |
|---|---|---|---|
| Provention Bio | 2.2% | 396.6% | 47.3% |
| NVIDIA Corporation | -4.4% | 135.3% | 48.1% |
| Netflix | 1.4% | 90.3% | 4.7% |
| Apple | -7.1% | 10.1% | 29.7% |
| Microsoft Corporation | -3.1% | 15.9% | 26.2% |
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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