In December, the mutual fund market saw lots of new money coming in, especially from sectoral and thematic funds. These funds made a big splash with a total of Rs 15,331 crore in inflows, which is double what they received in November when the figure was Rs 7,657 crore. This jump is mainly because 12 new funds were launched in December, which together raised Rs 11,337 crore—that’s 83% of all the money from 33 new open-end funds that gathered a total of Rs 13,643 crore.
Some of the new funds launched include:
– Aditya Birla Sun Life Conglomerate Fund
– Axis Momentum Fund
– Bajaj Finserv Healthcare Fund
– Bank of India Consumption Fund
– DSP Business Cycle Fund
– ICICI Prudential Equity Minimum Variance Fund
– Kotak Transportation & Logistics Fund
– PGIM India Healthcare Fund
– Quantum Ethical Fund
– SBI Quant Fund
– Shriram Multi Sector Rotation Fund
– Union Active Momentum Fund
In the entire year of 2024, equity mutual funds received Rs 3.94 lakh crore, with sectoral and thematic funds leading the charge at Rs 1.55 lakh crore. Last December, inflows into equity mutual funds increased by 15%, reaching Rs 41,155 crore, and every sub-category in equity saw money coming in.
Mid-cap funds collected Rs 5,093 crore, while flexi-cap funds got Rs 4,730 crore. Small-cap funds also grew, with inflows rising from Rs 4,111 crore in November to Rs 4,667 crore in December. Other funds like dividend yield and ELSS saw smaller but positive inflows.
However, the total assets managed by mutual funds decreased by 2%, falling to Rs 66.66 lakh crore in December from Rs 67.81 lakh crore in November. In December, 34 new mutual funds were launched, gathering Rs 13,852 crore in total.
Experts believe that hybrid funds will become even more popular this year, as people learn the importance of balancing different investments. These funds, which mix stocks and debts (like bonds), could bring good returns, especially when the world faces uncertainty. It’s essential for investors to spread their money across various sectors like consumption, banking, and healthcare, rather than put too much into one area.
(Disclaimer: The opinions here are those of the experts and do not represent the views of Thellv.news)
Leave a Reply