In the dynamic landscape of financial markets, the first half of 2023 has witnessed pronounced shifts in investor preferences amid market fluctuations. This blog delves into the ten standout equity schemes commanding substantial inflows in this period, offering insights into the intricate interplay of market dynamics and investment sentiment. By examining the pivotal factors underpinning the popularity of these top 10 equity schemes, we gain valuable perspectives on prevailing investment trends and sectoral inclinations.
Equity schemes, commonly referred to as equity funds or equity mutual funds, are investment vehicles that pool money from multiple investors to invest predominantly in a diversified portfolio of stocks or equities issued by companies. These funds are managed by professional fund managers who strategically allocate the pooled funds across various stocks with the goal of generating capital appreciation over the long term.
Equity schemes offer individual investors a way to participate in the potential growth of the stock market without having to directly purchase and manage individual stocks. These schemes are structured to suit different risk appetites and investment goals, ranging from aggressive growth to conservative income generation.
However, investing in equity schemes offers various benefits to investors but they are also subject to risk. So it is recommended to consult a Cube Wealth Coach or you can also download the Cube Wealth application which will help you personalise guidance.
The fund currently has an Asset Under Management(AUM) of ₹44,914 Cr and the Latest NAV as of 17 Aug 2023 is ₹60.38. The fund's annualised returns for the past 3 years & 5 years has been around 24.52% & 18.51%.
The AUM, short for Assets Under Management of Nippon India Small Cap Fund Direct Growth is ₹34,468.92Cr as of 18 Aug 2023. The fund's annualised returns for the past 3 years & 5 years has been around 44.9% & 22.8%.
The fund currently has an Asset Under Management(AUM) of ₹5,26,137 Cr and the Latest NAV as of 17 Aug 2023 is ₹136.02. The fund's annualized returns for the past 3 years & 5 years has been around 34.49% & 17.29%.
The AUM, short for Assets Under Management of Kotak Emerging Equity Fund Direct Growth is ₹31,388.88Cr as of 18 Aug 2023. The fund's annualised returns for the past 3 years & 5 years has been around 32.6% & 18.8%.
The AUM, short for Assets Under Management of HDFC Flexi Cap Direct Plan Growth is ₹38,266.03Cr as of 18 Aug 2023. The fund's annualised returns for the past 3 years & 5 years has been around 31.38% & 15.77%.
The fund currently has an Asset Under Management(AUM) of ₹5,26,137 Cr and the Latest NAV as of 16 Aug 2023 is ₹12.38. The HDFC NIFTY Smallcap 250 Index Fund Direct Growth has been there from 21 Apr 2023.
The AUM, short for Assets Under Management of ICICI Prudential Bluechip Fund Direct Growth is ₹40,285.71Cr as of 18 Aug 2023. The fund's annualised returns for the past 3 years & 5 years has been around 30.11% & 16.92%.
The AUM, short for Assets Under Management of SBI Bluechip Direct Plan Growth is ₹39,301.06Cr as of 18 Aug 2023. The fund's annualised returns for the past 3 years & 5 years has been around 22.6% & 15.3%.
The AUM, short for Assets Under Management of SBI Contra Direct Plan Growth is ₹13,460.88Cr as of 18 Aug 2023. The SBI Contra Fund has given 38.54% annualised returns in the past three years and 19.93% in the last 5 years.
The AUM, short for Assets Under Management of Axis Long Term Equity Direct Plan Growth is ₹32,223.67Cr as of 18 Aug 2023. The fund's annualised returns for the past 3 years & 5 years has been around 15.5% & 9.9%.
The above mentioned funds are suggested by Cube but it is advisable to consult a Cube Wealth Coach before investing in equity funds as it is subject to risks. You can also download Cube Wealth application for more personalised and specified tips on investing in equity funds.
Ans. Equity scheme inflows are important for investors to know because they reflect market sentiment and investor confidence. Higher inflows indicate strong interest in equities, potentially signalling positive expectations for market performance. Additionally, inflow trends can always impact the fund's performance due to increased demand for stocks within the portfolio, potentially influencing returns and providing insights into market trends that can guide investment decisions.
Ans. Equity schemes are selected for the top 10 list based on their performance metrics, primarily focusing on returns over a specific time period, such as six months. Funds with the highest returns relative to their peers are identified using quantitative analysis. However, it's crucial to consider factors like consistency, risk-adjustment in returns, and the fund's investment strategy to ensure a well-rounded assessment of their overall performance and suitability for investors' goals.
Ans. No, high inflows do not necessarily indicate strong fund performance. While significant inflows can suggest investor interest, factors like market sentiment, trends, and marketing efforts can drive fund inflows. A fund's performance should be evaluated independently through metrics such as returns, risk-adjusted measures, and consistency over different time frames to gauge its actual strength and suitability for investors.
Ans. Equity schemes attract significant inflows due to factors like strong recent performance, positive market sentiment, media coverage, effective marketing by fund houses, alignment with prevailing sector trends, and investor perception of growth potential. Additionally, lower interest rates on fixed-income investments might drive investors toward equities in search of higher returns, further boosting inflows into these schemes.
Ans. No, investing in equity schemes solely based on high inflows is not advisable. While high inflows can indicate investor interest, it's essential to consider various factors such as the fund's investment strategy, historical performance, risk profile, and alignment with your investment goals. Thorough research and a comprehensive understanding of the fund's fundamentals are crucial before making any investment decision.
In conclusion, before investing in any fund, a meticulous evaluation process is essential. Start by understanding the fund's investment objective, strategy, and sectoral focus. Analyse its historical performance over various time periods, considering both returns and risk-adjusted measures. You can consult Cube Wealth Coach or can download Cube Wealth application for better and personalised guidance based on your financial goals.
on stock picking, poring over excel sheets, financial news, analyzing market trends, tracking the Sensex, researching company fundamentals, comparing mutual funds, reading financial reports, trying to predict the future & losing your sanity!
