Mumbai: Investors (MF) investors seem to be a little nervous after the leading equity index reaches highest life regularly in recent weeks.
Trying to play it, investors shift their investments from pure equity funds to invest in equity and debt, the Fund Industry Executive said, citing official data.
However, long-term investors remain firm, resulting in monthly inflows through the systematic investment plan route (SIP).
In August, the inflow through this route jumped to RS 9,923 Crore – High-level alltime – from RS 9,608 Crore in July.
This is the second month in a row from the net stream of RS 9,000 Crore through SIP route, data from the Amfi Industrial Trade Agency shows.
Overall industrial data also showed a trend of increasing with total assets at the end of last month at the RS 36.6 lakh crore, compared with RS 35.3 lakh crore at the end of July.
During August, inflow clean in equity funds was at Rs 8,667 Crore, which was far below the RS 22,583 Crore.
In comparison, hybrid funds continued to witness strong inflows with RS 18,706 Crore in August on the back of Inflow Crore Rs 19,481 in July, AMFI data showed.
In the hybrid category, driven by new fund offers (NFO) for the ‘balanced advantage fund’ SBI, the net entry flow surged into Rs 16,571 Crore.
The subsidiary of the largest SBI fund manager in India has collected more than Rs 14,500 Crore on the funds, the highest NFO collection by one scheme in India.
After closing NFO, SBI MF officials have told TII that because the market was at a high level, a large number of investors shifted from the pure equity scheme and invested in the hybrid scheme.
The CEO of the Capital of Aashish Somaiyaa’s white oak also showed similar investor behavior.
According to him, there is a significant depreciation of the net stream for the appropriate equity and bump-up categories in the net flow of a balanced advantage category.
“This guides a person to believe that, at the aggregate industry level, NFO a balanced big advantage has gathered a lot of traction through the switch from equity to a balanced advantage category.
From the perspective of retail investors, in the short term, it might not be poor development considering the market market increase and Generally reducing the perception of the risk of balanced profit funds, “Somaiiyaa said.
Investors mutually changed carefully in August, shifting to hybrid funds
