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Contents:

• Monthly Net Fund flows & Trends

• NFO Sales for the month

• SIP Flows & Trends

• YTD Net Fund Flows

• AUM Snapshot

• AUM Change adjusted for fund flows (Market Gains / Loss)

• Folios Insights

• AUM per Folio (Ticket size)

Monthly Net Fund flow highlights – Aug 2024 (Amount in Rs.)

• Industry netted inflows of 1.08 lakh crs, up 26.7% from 3M avg. Open-ended Equity, Debt, Hybrid, Solution, Other schemes saw net inflows. Close-ended Equity & Debt funds reported net outflows.

• Equity funds stayed robust at 38212 crs, 2nd best in 3 & 5 yrs. Gross purchases were down -6.8% from 3M avg and redemptions were down 15% from 3M avg. o Top inflows: Sector/Thematic funds continued to top the inflows with 18117 crs, reflecting around 4% of it’s AUM, 4th best in 3 & 5 Yrs, with nearly 56% coming from 5 NFOs, also reflecting around 47% of equity inflows ; Flexicap flows were at 3513 crs, 4th best over 60M ; Large & Midcap inflows were 3294 crs, best in 60M+, up 24.6% from 3M avg. o Outflows: Focused funds continued with O/f for 5th month at-84 crs, significantly down from 3M avg O/f ; ELSS funds -205 crs, 5th month of O/f, but down 54% from 3M avg. Close-ended equity -27 crs, down 13% from 3M avg O/f.

• Debt funds stayed inflows at 45079 crs, up 153% from 3M avg. Debt, ex-Liq & O/n too reported net inflows at 16378 crs, down -5.3% from 3M avg. o Top inflows: Overnight funds 15106 crs, that is 17.5% of it’s AUM, turned I/f from 3M avg O/f ; Liquid funds 13595 crs, up 162% from 3M avg ; Money Market 10093 crs, down 35% from 3M avg. o Outflows: Banking & PSU funds reported most outflows at -1550 crs, up 50% from 3M avg O/f ; Floater -677 crs, up 65% from 3M avg O/f ; Credit Risk funds -390 crs, down 25% from 3M avg. Close-ended debt -91 crs, down -76% from 3M avg O/f.

• Hybrid Funds received net inflows of 10005 crs, down 32% from 3M avg. o Top inflows: Bal Adv inflows were 3215 crs, up 159% from 3M avg, 40% coming from 1 NFO ; Multi Asset 2827 crs, down - 12.9% from 3M avg. o Outflows: Cons. Hybrid -187 crs, 2nd low in 3 yrs.

• Solution Funds got net inflows of 228 crs, down 22% from 3M avg. o Retirement fund received 133 crs, down 41% from 3M avg ; Children’s fund 95 crs, 2nd best in 5 yrs.

• Other Funds mopped net inflows of 14599 crs, down -2.7% from 3M avg. o Top inflows: Domestic Equity Index funds 8311 crs, up 51% from 3M avg helped by 6 NFOs; Domestic Equity ETFs 2903 crs, down -60% from 3M avg ; Debt ETF 2007 crs, up 196% from 3M avg. o Outflows: Overseas Active FoF -287 crs, up 18% from 3M avg O/f ; Debt Target Maturity -188 crs, up 105% from 3M avg. NFO Sales: 13815 crs, across 18 schemes, down 1% from 3M avg. NFO Collection Mix: 74% from 5 Sector funds ; 9.4% from a Bal. Adv. fund ; 6.3% from a Largecap fund and rest from others. Total no. of schemes stood at 1581 (OE: 1467 ; CE: 114). YoY, number of open ended schemes went up by 163 or 12.5%, with more NFOs in offering. Close ended schemes were down -18, with more maturity driven closures and lack of fresh offerings overall. Category-wise YoY O.E scheme chg: Equity up 62 schemes (43 from Sector / Theme) ; Multi Asset 11 ; Index 39 ; Other ETFs 34 ; Overseas FoF 5.

Markets in Aug-2024:

• Indian markets displayed relatively mild, but positive performance in Aug ‘24.

• Smallcap 250 and Nifty 50 was up 1.4% ; Microcap 250 was up 1.3% ; Nifty Next 50 was up 0.8% and Midcap 150 was up 0.4%.

• % gap from their 52 week highs, as of month end: All broad indices were near their 52 week highs.

• Gold shined, with gains of 3.8%.

• Silver was up 2.5%.

• 10-Yr Benchmark G-Sec yields further declined by 6 basis points to 6.86 levels. Yields were down 22 basis points over 6 months and down 30 basis points, from a year ago period.

• Rupee depreciated by 0.2% against a greenback to close at 83.9 levels. Rupee was down by 1.1% over the past 6 months and down by 1.4% over the past year. Rupee breached 83 to a greenback during the 3rd week of Aug’23. It crossed the psychological 80 mark in Aug’22.3

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