Mutual Fund Activity Report For December: ICICI Direct

Mutual Fund Activity Report For December: ICICI Direct

A ‘piggy bank’ sits atop coins. (Photographer: Billy H.C. Kwok/Bloomberg)

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

ICICI Direct Report

  • Inflows into equity funds came in at a record high at Rs 25000 crore in December 2021. Ex-new fund offer also, inflows were at multi-year high at Rs 12600 crore

  • Systematic investment plan inflows continue to trend higher and came in strong at Rs 11300 crore in December compared to Rs 11000 crore in November 2021.

There is an increasing evidence of growing maturity among retail investors in the last few years. Apart from continuing with their regular investment through SIPs despite market volatility, retail investors were also seen net buyers during sharp market falls. During the Covid-19 induced market fall last year, inflows into equity mutual funds were highest during February 2020 and March 2020 with total net inflows into those two months at Rs 22500 crore. With the popularity of SIP as an allocation tool having gained universal acceptance, the monthly and annual run rate is likely to be in a structural uptrend providing the much needed strong domestic liquidity source to Indian equity markets.

Click on the attachment to read the full report:

ICICI Direct MF Activity.pdf
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This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

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