At the time when foreign investors hit the exit door, domestic institutional investors stood net buyers in equity market in September. They bought shares worth over Rs 21,000 crore during the month and stood net buyers in equities in 19 trading sessions and net sellers in 2 sessions.

The category-wise asset under management (AUM) of the mutual fund industry stood at Rs 20.40 lakh crore last month. Total AUM of mutual funds increased by 2.2 per cent on a quarter-on-quarter basis and 29 per cent on a year-on-year basis.

On MoM basis, six categories namely Balanced, ELSS, Equity Funds, Infrastructure Debt, Liquid and Other ETFs saw growth in asset under management (AUM) while categories like FoF Overseas, GILT, Gold ETF’s and Income witnessed a decline, according to a research report by IDBI Capital Markets.

Top 12 stocks, which mutual funds bought in September based on market value include names like, ICICI Lombard General Insurance Company, SBI Life Insurance Company, Dixon Technologies, Capacite Infraprojects, Matrimony.com, Reliance Home Finance, Prataap Snacks, IFGL Exports, Bharat Road Network, Shakti Pumps, Worth Peripherals and Maithan Alloys.

However, IFGL Refractories, MT Educare, KIOCL, Novartis India, Phoenix Lamps and Nagarjuna Fertilizers saw exit by mutual funds in September.



Since the beginning of the financial year, investors have pumped in over Rs 2 lakh crore into various mutual fund schemes, with balanced and equity funds, accounting for most of the inflows.

According to data with Association of Mutual Funds in India (Amfi), equity and equity-linked schemes attracted over Rs 80,000 crore, and balanced funds received more than Rs 47,000 crore. Besides, Rs 28,600 crore was invested in liquid or money market fund category.