Among equity funds, sector funds have maintained a buy-sell ratio of more than three for the fourth consecutive month and have had a ratio of more than one for 15 consecutive months.
Sectoral/thematic NFOs reported a net inflow of Rs 33,939 crore in the last three months, accounting for 30% of the total equity fund inflow. During the period, equity funds received a total inflow of Rs 1,15,960 crore. In August, equity NFOs totaled an inflow of Rs 10,202 crore with notable offerings including the Motilal Oswal Manufacturing FacilityMotilal Oswal Business Cycle Fund, SBI Innovative Opportunities Fundand Invesco India Manufacturing Fund.
So far this year, sector funds have attracted Rs 50,588 crore or 80% of the total. NFO Sector funds have accounted for 30-47% of the incremental additions to the equity portfolio since the beginning of the year. Their assets under management (AUM) reached Rs 4.4 trillion at the end of August, the highest among all equity fund categories. These funds contributed 14.8% to the total equity fund AUM of Rs 30.1 trillion. There are over 179 sector funds out of a total of 464 equity funds, the highest number among all categories.
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