Key highlights of August 2023 MF Fund Inflow from Sriram BKR, Geojit Financial Services

11-09-2023 06:06 PM | Source: PR Agency

Key highlights of August 2023 MF Fund Inflow from Sriram BKR, Geojit Financial Services

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Below the key highlights�of Aug 2023 MF Fund Inflow�data from�Sriram BKR, Senior Investment Strategist at Geojit Financial Services.

* Industry saw inflows of Rs.14386 crs, down -67% from the near 3M avg.

* Equity inflows spiked to Rs.20133 crs, 5th most inflows in 4 yrs, partially helped by NFOs.

* Sector/Thematic funds saw most inflows at 4806 crs, 2nd most in 4 yrs, 53% of it coming *from 5 NFOs

* Smallcap funds continued to attract strong inflows at 4265 crs, 2nd most in 4 yrs

* Multicap had inflows of 3422 crs, 5th most in 4 yrs and nearly 41% of it coming from 1 NFO

*Midcap funds had best inflows in 4 yrs at 2512 crs

*Largecap continued with outflows of -349 crs, with pace slowing down

* Debt funds resulted in net outflows of -27555 crs, nose diving from 3M avg by -194%. Debt, ex-Liq & O/n also ended up in outflows of -3890 crs, down -126% from 3M avg

*Overnight saw most inflows in Debt at 3158 crs, followed by Floater at 2325 crs and Corp bond at 1755 crs

*Liquid saw higher outflows at -26824 crs ; Ultra short dur -4123 crs. Gilt: 10-Yr constant maturity had outflows at -218 crs, 2nd low in 4 yrs

*Hybrid inflows stayed healthy at 17082 crs, 3rd most in 4 yrs

*Solution inflows were at 191 crs, 6th most in 4 yrs

*In Others: Gold ETF inflows jumped to it�s 3rd most inflows in 4+ yrs at 1028 crs ;� Overseas FoF outflows were at -371 crs, 3rd low in 4 yrs.

* NFO sales during the month came in at 7531 crs, up 117% from 3M avg, across 15 schemes. 66% of it came from 7 Equity schemes and 30% from 1 Balanced Advantage fund.

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Key highlights of August 2023 MF Fund Inflow from Sriram BKR, Geojit Financial Services

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