Latest news with #JatinderPalSingh
&w=3840&q=100)
Business Standard
10-06-2025
- Business
- Business Standard
Inflow into equity MFs hits 13-month low at Rs 19,000 cr in May
Inflow in equity mutual funds slumped to its lowest level in 13 months to Rs 19,013 crore in May, with large-cap, mid-cap and small-cap funds experiencing lowered inflows, primarily triggered by profit booking by investors. This also marks the fifth consecutive month of decline in inflow in equity funds and nearly 22 per cent drop in net inflow on a month-on-month basis from Rs 24,269 crore registered in April, according to data released by the Association of Mutual Funds in India (Amfi) on Tuesday. Despite the deceleration, May marked the 51st consecutive month of positive flows into equity-oriented schemes, reflecting sustained investor confidence. Also, systematic investment plan (SIP) contributions remained robust, registering a record Rs 26,688 crore in inflows in May, higher than Rs 26,632 crore in the preceding month. Overall, the mutual fund industry experienced an infusion of over Rs 29,000 crore in May compared to Rs 2.77 lakh crore in the preceding month. The inflow has lifted the industry's assets under management to a record Rs 72.2 lakh crore as of May from Rs 70 lakh crore in April-end. According to the data, equity-oriented mutual funds saw an inflow of Rs 19,013 crore in May, making it the lowest level since April 2024, when such funds experienced an inflow of Rs 18,917 crore. Such funds witnessed an inflow of Rs 24,269 crore in April, Rs 25,082 crore in March, Rs 29,303 crore in February, Rs 39,688 crore in January, and Rs 41,156 crore in December. "The slowdown in net equity inflows can be attributed to several factors, including a rise in equity market performance in May 2025, and a potential phase of consolidation or profit booking by investors. "Additionally, rising global volatility -- triggered by geopolitical tensions following India's launch of Operation Sindoor against Pakistan and ongoing concerns over global inflation -- fuelled a risk-off sentiment among certain investors," ITI Mutual Fund CEO Jatinder Pal Singh said. Himanshu Srivastava, Associate Director, Manager Research, Morningstar Investment Research India, also attributed the slowdown in equity inflows to a mix of factors -- a less buoyant equity market in May compared to April, concerns around global economic headwinds, and a possible consolidation phase or profit booking in the domestic equities following sharp rallies in the previous months and stretched valuations. While the equity markets continued their upward momentum in May, gains were relatively subdued. Within the equity fund categories, Flexi Cap Funds recorded the highest inflows in May, attracting Rs 3,841 crore. However, equity-linked saving schemes saw an outflow of Rs 678 crore. Besides, value funds and dividend yield funds experienced an outflow of Rs 92 crore and Rs 21 crore, respectively. Large-cap funds witnessed inflows of Rs 1,250 crore in May, a decline from Rs 2,671 crore in April. Mid-cap funds saw inflows reducing to Rs 2,808 crore in May, compared to Rs 3,313 crore in the previous month. Similarly, small-cap funds attracted Rs 3,214 crore in May, down from Rs 3,999 crore in April. "Large-cap allocations have cooled sharply as investors are recalibrating their risk-reward expectations. The relatively modest decline in small and mid-cap inflows suggests that the appetite for growth stories remains intact, though tempered by valuation consciousness. The pause should help earnings catch up with prices and create healthier entry points," Anoop Vijaykumar, Head of equity, Capitalmind MF, said. Apart from equities, gold exchange traded funds (ETFs) recorded a net inflow of Rs 292 crore in May, an improvement from the marginal outflow of nearly Rs 6 crore in April. On the other hand, debt funds registered an outflow of Rs 15,908 crore in the month under review after seeing a staggering inflow of Rs 2.2 lakh crore in April. "This was primarily driven by a big swing in net flows in debt-oriented schemes. A net inflow of Rs 2.19 lakh crore in April and May 2025 saw a net outflow of just under Rs 16,000 crore in debt schemes mainly at the shorter end of maturity as monetary easing was widely expected," Harshad Patwardhan, Chief Investment Officer at Union Asset Management Company, said. Corporate bond funds were the only category to see a big jump in net inflows as investors positioned themselves ahead of the policy announcement.
The Hindu
10-06-2025
- Business
- The Hindu
Inflow into equity MFs hits 13-month low at ₹19,000 crore in May
Inflow in equity mutual funds slumped to its lowest level in 13 months to ₹19,013 crore in May, with large-cap, mid-cap and small-cap funds experiencing lowered inflows, primarily triggered by profit booking by investors. This also marks the fifth consecutive month of decline in inflow in equity funds and nearly 22% drop in net inflow on a month-on-month basis from ₹24,269 crore registered in April, according to data released by the Association of Mutual Funds in India (Amfi) on Tuesday (June 10, 2025). Despite the deceleration, May marked the 51st consecutive month of positive flows into equity-oriented schemes, reflecting sustained investor confidence. Also, systematic investment plan (SIP) contributions remained robust, registering a record ₹26,688 crore in inflows in May, higher than ₹26,632 crore in the preceding month. Overall, the mutual fund industry experienced an infusion of over ₹29,000 crore in May compared to ₹2.77 lakh crore in the preceding month. The inflow has lifted the industry's assets under management to a record ₹72.2 lakh crore as of May from ₹70 lakh crore in April-end. According to the data, equity-oriented mutual funds saw an inflow of ₹19,013 crore in May, making it the lowest level since April 2024, when such funds experienced an inflow of ₹18,917 crore. Such funds witnessed an inflow of ₹24,269 crore in April, ₹25,082 crore in March, ₹29,303 crore in February, ₹39,688 crore in January, and ₹41,156 crore in December. 'The slowdown in net equity inflows can be attributed to several factors, including a rise in equity market performance in May 2025, and a potential phase of consolidation or profit booking by investors. 'Additionally, rising global volatility – triggered by geopolitical tensions following India's launch of Operation Sindoor against Pakistan and ongoing concerns over global inflation – fuelled a risk-off sentiment among certain investors,' ITI Mutual Fund CEO Jatinder Pal Singh said. Himanshu Srivastava, Associate Director, Manager Research, Morningstar Investment Research India, also attributed the slowdown in equity inflows to a mix of factors – a less buoyant equity market in May compared to April, concerns around global economic headwinds, and a possible consolidation phase or profit booking in the domestic equities following sharp rallies in the previous months and stretched valuations. While the equity markets continued their upward momentum in May, gains were relatively subdued. Within the equity fund categories, Flexi Cap Funds recorded the highest inflows in May, attracting ₹3,841 crore. However, equity-linked saving schemes saw an outflow of ₹678 crore. Besides, value funds and dividend yield funds experienced an outflow of ₹92 crore and ₹21 crore, respectively. Large-cap funds witnessed inflows of ₹1,250 crore in May, a decline from ₹2,671 crore in April. Mid-cap funds saw inflows reducing to ₹2,808 crore in May, compared to ₹3,313 crore in the previous month. Similarly, small-cap funds attracted ₹3,214 crore in May, down from ₹3,999 crore in April. 'Large-cap allocations have cooled sharply as investors are recalibrating their risk-reward expectations. The relatively modest decline in small and mid-cap inflows suggests that the appetite for growth stories remains intact, though tempered by valuation consciousness. The pause should help earnings catch up with prices and create healthier entry points,' Anoop Vijaykumar, Head of equity, Capitalmind MF, said. Apart from equities, gold exchange traded funds (ETFs) recorded a net inflow of ₹292 crore in May, an improvement from the marginal outflow of nearly ₹6 crore in April. On the other hand, debt funds registered an outflow of ₹15,908 crore in the month under review after seeing a staggering inflow of ₹2.2 lakh crore in April. 'This was primarily driven by a big swing in net flows in debt-oriented schemes. A net inflow of ₹2.19 lakh crore in April and May 2025 saw a net outflow of just under ₹16,000 crore in debt schemes mainly at the shorter end of maturity as monetary easing was widely expected,' Harshad Patwardhan, Chief Investment Officer at Union Asset Management Company, said. Corporate bond funds were the only category to see a big jump in net inflows as investors positioned themselves ahead of the policy announcement.
Time of India
10-06-2025
- Business
- Time of India
ITI Mutual Fund launches new brand identity ‘Diviniti Specialized Investment Fund'
ITI Asset Management has announced the launch of Diviniti SIF, a new platform focused on the Specialized Investment Fund (SIF) business. Diviniti SIF will offer innovative investment solutions across equity, hybrid, and fixed income categories, tailored to meet the evolving preferences of investors. 'With the launch of Diviniti SIF, ITI AMC is making a strategic foray into the rapidly evolving SIF space. We see SIFs as the next frontier in investment solutions—a dynamic middle ground between traditional mutual funds and PMS/AIFs—offering the innovation and flexibility needed to address changing investor needs. As investor expectations rise, SIFs have the potential to redefine how portfolios are constructed and managed,' said Jatinder Pal Singh , CEO, ITI Mutual Fund . Also Read | Nifty Bank hits 57,000. Is it time for mutual fund investors to bet on banking funds? Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track default , selected Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Best MF to invest Looking for the best mutual funds to invest? Here are our recommendations. View Details » by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Play War Thunder now for free War Thunder Play Now Undo He added, 'The name 'Diviniti SIF' is inspired by two meaningful concepts: 'Divine'—symbolizing higher purpose, integrity, and universal wisdom, and 'Niti'—a Hindi word that stands for ethical policy, moral governance, and strategic principles.' 'Together, 'Diviniti' captures our commitment to purpose-driven, responsible investing with long-term impact. It reflects our vision of creating a Specialized Investment Fund that is not only financially robust but also ethically sound and socially responsible,' Singh further stated. Live Events As of May 31, 2025, the fund house's assets under management (AUM) stood at Rs 10,242.69 crore. Of this, equity AUM accounted for Rs 9,456.17 crore, while hybrid and debt schemes contributed Rs 434.01 crore and Rs 352.50 crore, respectively, according to a press release by the fund house. The AUM is geographically well-diversified, with the top five cities accounting for 43.82% of the total. The next 10 cities comprise 21.22%, followed by the next 20 cities at 16.53%, the next 75 cities at 13.42%, and other locations contributing 5.01%, the release added. Also Read | Mirae Asset Mutual Fund launches new brand identity 'Platinum SIF' Last week, Mirae Asset Mutual Fund unveiled its new brand identity , 'Platinum SIF,' marking a strategic shift in its approach to product innovation. The initiative aims to create space for differentiated strategies within the mutual fund framework.
Time of India
24-05-2025
- General
- Time of India
Ludhiana MC joins hands with SHGs to turn city greener
Ludhiana: To boost greenery and community involvement, the municipal corporation has rolled out the 'Ek Ped Maa Ke Naam' campaign across the city. As part of this nationwide initiative by the ministry of housing and urban affairs, 40 self-help groups (SHGs) under the National Urban Livelihood Mission (NULM) have joined hands with civic officials to drive the mission forward. The 3-day first phase, titled 'Women for Trees', kicked off on May 21 and saw SHG members and officials identifying around half a dozen key plantation sites. The next phase of the green drive is set to begin on June 5. Executive engineer Jatinder Pal Singh, LSO Rajinder Singh, SDO Gurneelam Kumar, JE Kirpal, Urban Planner Birinder Kaur, CMMs Jaspreet Kaur, Rajinder Kaur, and Deepak Shahi, among others, are part of this initiative. The officials shared that the members of SHGs have been provided required kits and training for taking up plantation drives. The SHG members would also be given the responsibility of maintaining the saplings planted under the campaign, with financial incentives also to be provided for the same. MC commissioner Aaditya Dachalwal appealed to the residents to join this initiative and work for spreading greenery in their surroundings. He urged the residents to support the authorities in keeping the city clean and green. MSID:: 121380702 413 |
