The complete AUM of open-end fairness funds as of March 2022 stood at Rs 13,65,465 crores, up by 2 per cent during the last quarter and up nearly 39 per cent compared with March 2021. Open-end fairness funds type roughly 36.9 per cent of the whole open-end fund universe, up from 35.9 per cent within the earlier quarter. Morningstar in a just lately printed ‘Domestic Fund Flows – Fourth quarter Fiscal Year 2021-22 report’ offers insights into estimated flows and asset developments for open ended home funds targeted on the Indian fairness and debt markets for the quarter ended March 2022.
Strong internet inflows by means of the fiscal-year 2021-22 (Rs 1,64,399 crores), together with a powerful market efficiency throughout all market caps, have resulted within the phenomenal rise in property during the last yr. When it involves flows, this was the second-consecutive quarter the place each class of open-end fairness asset class managed to garner internet inflows for the entire quarter cumulatively.
Since the creation of a brand new flexi-cap class by SEBI in November 2020, many AMCs that had realigned their present funds into the flexi-cap class have gone on to launch multi-cap funds, whereas AMCs that had retained their funds within the multi-cap class have since launched flexi-cap funds.
The flexi-cap class has now amassed property of Rs 2,25,430 crores through realignment of funds and new fund launches. In the final quarter, it had managed to surpass the property within the large-cap class and take the firs spot by way of highest AUM, however within the quarter ended March 2022, its rank fell again to second.
The mutual fund trade has seen the variety of schemes within the open-end fairness class develop to 365 in March 2022 from 344 in March 2021. This enhance has not simply been as a result of AMC launched flexi-cap or multi-cap schemes in its product portfolio; new sectoral funds have been additionally launched.
The variety of sectoral/thematic schemes has grown to 117 as of March 2022 from 106 in March 2021. Not surprisingly, the whole property of thematic funds have additionally seen an enormous proportion enhance during the last yr of roughly 52per cent .
For most asset-management corporations, the sectoral/thematic class is the place the majority of schemes exist by way of numbers . This amount of schemes is the second highest, not only for the open-end fairness class however throughout all classes. Other ETFs with 124 schemes are available in with the primary spot.
Large-cap funds skilled internet inflows value Rs 7,281 crores in fourth-quarter fiscal-year 2021-22, which was considerably increased than the online inflows within the earlier quarter at Rs 3,950 crores.
The mid-cap class had internet inflows of funds for the fifth-consecutive quarter, whereby it managed to garner flows of Rs 5,918 crores within the fourth quarter of fiscal-year 2021-22.
The small-cap class had internet inflows of Rs 4,624 crores within the fourth quarter of fiscal-year 2021-22. This is the fourth-consecutive quarter wherein the class has witnessed internet inflows after going by means of three straight quarteRs of internet outflows.
Source: www.financialexpress.com”