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Below the Quote on AMFI Data by Dr. Vikas Gupta, CEO & Chief Investment Strategist at OmniScience Capital

“Despite the market continuing to fall throughout July, the equity inflows continued at a much stronger pace compared to the previous month which was a positive month. This indicates that the investor seems to be following a policy of “buy more on dips and continue with the sips”. Sectoral/thematics attracted largest inflows indicating the attraction for popular themes. Other than these the flows into other categories was quite similar. It looks like now the investors are allocating to all categories of equity MFs without too much bias towards one category, though bias is still more towards smallcaps. Indications are that investors are getting savvier and are paying attention to the PE ratios of the indexes related to different fund categories before allocating. If not, then they should start paying more attention to this parameter. Of course, revenue and earnings growth expectations for these categories are also relevant but not accessible to retail investors easily.”

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