Debt mutual fund inflows plummeted 92% in November to Rs 12,915 crore, down from Rs 1.57 lakh crore in October. Liquid funds saw the biggest outflow. Experts suggest investors shouldn't ignore debt funds despite the equity market rally and recent tax changes impacting indexation benefits.
Mid and smallcap funds saw nearly Rs 9,000 crore inflows in November, outperforming large-caps. Experts suggest strategic allocation across market caps, with mid and small-caps offering higher growth potential. ELSS funds also witnessed increased inflows as the financial year-end approaches, driven by tax-saving benefits.
PPFAS Flexi Cap Fund, the largest flexi-cap fund by assets under management, increased its stake in Infosys and Coal India in November while reducing exposure to CDSL and ICRA. The fund added 1.36 crore shares of Coal India, bringing its total to 13.12 crore shares. It also bought 48.20 lakh shares of Power Grid Corporation of India.
Over 300 passive mutual funds delivered returns of up to 51% in 2024. Mirae Asset NYSE FANG+ ETF led with a 50.90% return, while other top performers included healthcare and CPSE ETFs. Nifty Next 50 and midcap funds also showed strong performance, but some sectors like private banks and FMCG lagged.
Mutual fund SIPs delivered impressive returns in 2024, with some exceeding 60% growth. Motilal Oswal funds led the pack, while Quant funds lagged. Over 150 funds generated returns above 20%, showcasing the potential of disciplined investing.
Equity mutual funds delivered impressive returns in 2024, with some exceeding 57% on lump-sum investments made at the start of the year. Motilal Oswal funds led the pack, while others offered over 30% gains. Data analysis reveals strong performance across various fund categories, including mid-cap, small-cap, and ELSS.