AMCs - Positive Trends To Support Earnings: ICICI Securities
Indian five hundred rupee banknotes are arranged for a photograph in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

AMCs - Positive Trends To Support Earnings: ICICI Securities

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 Securities Report

The overall trends have remained positive for the asset management industry in FY22 thus far.

There have been positive flows in equity, passive and hybrid funds with increase in systematic investment flows as well as folios.

New fund offerings have also been healthy especially in multi-cap, sector, thematic and fund of funds segments.

Overall flows into mutual fund schemes turned negative in May 2021 (Rs 386 billion) due to outflows in liquid funds (Rs 527 billion offset by positive flows into equity/hybrid/passive of Rs 92 billion/86 billion/69 billion).

However, retail sentiment continued to remain positive as flows into equity schemes came in at Rs 92 billion in May 2021 (excluding Index funds and other exchange traded funds) and have been positive for third consecutive month and highest in past 14 months.

Click on the attachment to read the full report:

ICICI Securities AMC Update.pdf

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