INR94b
INR26.3t
MF industry AUM rises 7.4%
MoM to hit a new high
Net inflows in equities
at six-month low
Amount garnered through
SIPs (+3% YoY)
INR82.5b
Deven Mistry – Research Analyst
(Deven@MotilalOswal.com); +91 22 6129 1575
Investors are advised to refer to important disclosures made at the last page of the Research Report
November 2019
 Motilal Oswal Financial Services
SUMMARY:
AUM surpasses INR26t+ to achieve another milestone
Key observations
After reaching a landmark of INR25t for the first time last year, the domestic mutual fund (MF) industry AUM has now surpassed another key level of
INR26t. What’s encouraging is that the MF industry has come a long way over the past decade with
AUM rising by a staggering 3.4x from INR7.7t in
Oct’09 to INR26.3t in Oct’19.
AUM increased 7.4% MoM in Oct’19, mainly led by liquid, income, equity and other ETF funds. Notably, AUM was up MoM across categories.
Gross sales of equity schemes (including ELSS and arbitrage) were down 3% MoM to INR243b. At the same time, redemptions increased 10% MoM to
INR149b. Consequently, net inflows slowed down from INR116b in the previous month to INR94b in Oct’19 – the lowest in six months.
Investors continued parking money in mutual funds, with inflows and contribution of systematic investment plans (SIPs) remaining stable at INR82.5b in
Oct’19 (+3% YoY).
Some interesting facts
§
The month saw a
notable change in sector and stock allocation of funds.
On an MoM basis, the weight of Automobiles, PSU Banks, Oil & Gas,
Healthcare and Consumer increased, while that of Technology, Capital Goods, Private Banks, NBFCs, Cement, Metals and Telecom moderated.
§
§
§
§
§
Technology’s weight hit a 17-month low
of 8.2% (-50bp MoM,
-110bp YoY). As a result,
the sector slipped to the fifth position in
sector allocation
of MFs (it ranked second in Aug’19).
Oil & Gas’ weight increased for the fourth successive month
(+30bp
MoM, +170bp YoY) to hit an all-time high of 8.7%. The sector is now at
the third position in sector allocation of MFs – it was at the seventh
position 12 months ago.
In terms of value increase MoM, six of the top 10 stocks were from
Financials:
SBI (+INR58.1b), Axis Bank (+INR34.3b), ICICI Bank
(+INR29.1b), Bandhan Bank (+INR26.5b), ICICI Lombard (+INR21.1b)
and HDFC (+INR20b).
Reliance Inds’ value increased by INR38.5b,
with the stock gaining
9.9%. Notably, the stock saw net buying by 8 of the top 20 funds.
Stocks exhibiting a maximum decline in value MoM were
Infosys (-
INR43.8b), IndusInd Bank (-INR9.1b), Century Textiles (-INR8.8b),
Aurobindo Pharma (-INR8.1b) and Interglobe Aviation (-INR8b).
AUM touched a new high of INR26.3t (+18% YoY)
Total AUM (INR t)
25.2
22.8
21.4
20.6
23.3
19.3
15.2
16.3
17.4
12.0 13.2
11.8
14.2
Fund Folio: Indian Mutual Fund Tracker | November 2019
2
 Motilal Oswal Financial Services
SUMMARY:
AUM surpasses INR26t+ to achieve another milestone
Key charts
Technology’s weight touches a 17-month low of 8.2%; slips to fifth
position in MF allocation
Technology (%)
Oil & Gas’ weight up for the fourth consecutive month to 8.7% (+30bp
MoM, +170bp YoY), hits all-time high
Oil & Gas (%)
SIP contribution up 1.5x in last two years
SIP contribution (INRb)
MFs recorded lowest monthly equity inflows in the last six months
Equity Incl. Arbi + ELSS Net Inflows (INR b)
Fund Folio: Indian Mutual Fund Tracker | November 2019
3
 Motilal Oswal Financial Services
Contents
n
n
n
AUM:
Up 7.4% MoM to INR26.3t in Oct’19; equity inflows moderate.
Top-20 funds:
Equity value up 4.4% MoM and 26.3% YoY.
Sector-wise weightage:
MoM increase seen in Autos, PSU Banks, Oil, Healthcare and
Consumer.
Sectoral allocation of funds:
Capital Goods, Cement and Healthcare over-owned.
Nifty-50 snapshot:
MFs net buyers in 56% of stocks.
Top schemes and NAV change:
44% of top-25 schemes outperform markets.
About the product
Fund Folio
is a handbook on the
holdings of the top-20 domestic mutual
funds in India. This monthly report will
cover:
v
Trend in AUMs and flows
v
Sector allocation by funds
v
Stock-wise holding change
v
Fund-wise snapshot on top holdings
n
n
n
n
n
Value surprise:
Maximum MoM change in SBI, Reliance Ind, Axis Bank and ICICI Bank.
v
Top schemes and NAV change
Funds snapshot:
Overview
Ø
Ø
Ø
Ø
Ø
Ø
Ø
Ø
Ø
Ø
Aditya Birla Sun Life
Axis
BNP Paribas
Canara Robeco
DSP
Franklin Templeton
HDFC
ICICI Prudential
IDFC
Invesco
Ø
Ø
Ø
Ø
Ø
Ø
Ø
Ø
Ø
Ø
Kotak Mahindra
L&T
Mirae Asset
Motilal Oswal
Nippon India
Principal
SBI
Sundaram
Tata
UTI
Notes:
§
This report covers only the top-20 mutual
§
§
funds by exposure to equity
All aggregates pertain only to the funds
listed in this report
Sectors are as defined by MOSL Research
Source: AMFI, NAVIndia
Fund Folio: Indian Mutual Fund Tracker | November 2019
4
 Motilal Oswal Financial Services
AUM:
Up 7.4% MoM to INR26.3t in Oct’19; equity inflows moderate
§
§
Total AUM of the MF industry crossed the INR26t mark for the first time to touch INR26.3t in Oct’19 (+7.4% MoM), primarily led by an increase in AUM
of liquid funds (INR1,025b), income funds (INR280b), equity funds (INR278b) and other ETFs (INR118b).
Gross sales of equity schemes (including ELSS and arbitrage) were down 3% MoM to INR243b. At the same time, redemptions increased 10% MoM to
INR149b. Consequently, net inflows slowed down from INR116b in the previous month to INR94b in Oct’19 – the lowest in six months.
Trend in total AUM
29
23
17
11
9.0
5
10.1
11.8 12.0
13.2
15.2
16.3
17.4
Total AUM (INR t)
19.3
20.6
22.8
21.4
23.3
25.2
26.3
14.2
Monthly trend of sales, redemptions and net amount raised by mutual funds (towards equity)
600
450
300
150
0
-150
-300
-450
Inflows in Equity Incl. Arbi & ELSS (INR b)
Redemptions in Equity Incl. Arbi & ELSS (INR b)
Net Inflow/Outflow in Equity Incl. Arbi & ELSS (INR b)
243
94
-149
Fund Folio: Indian Mutual Fund Tracker | November 2019
5
 Motilal Oswal Financial Services
Top-20 funds:
Equity value up 4.4% MoM and 26.3% YoY
§
§
Total equity value of the top-20 AMCs increased 4.4% MoM (+26.3% YoY) in Oct’19, as against the Nifty’s rise of 3.5% MoM (+14.4% YoY).
Among the top-10 funds, the highest MoM increase was seen in ICICI Prudential Mutual Fund (+6.2%), Axis Mutual Fund (+6.1%), DSP Mutual Fund
(+5.6%), Kotak Mahindra Mutual Fund (+4.7%) and SBI Mutual Fund (+4.3%).
Trend of top-20 mutual funds by equity value
Value (INR b
)
SBI Mutual Fund
HDFC Mutual Fund
ICICI Prudential Mutual Fund
Nippon India Mutual Fund
Aditya Birla Sun Life Mutual Fund
UTI Mutual Fund
Kotak Mahindra Mutual Fund
Axis Mutual Fund
Franklin Templeton Mutual Fund
DSP Mutual Fund
L&T Mutual Fund
Mirae Asset Mutual Fund
IDFC Mutual Fund
Tata Mutual Fund
Sundaram Mutual Fund
Motilal Oswal Mutual Fund
Invesco Mutual Fund
Canara Robeco Mutual Fund
PRINCIPAL Mutual Fund
BNP Paribas Mutual Fund
Total of above
Nifty
Oct-19
1,805
1,551
1,417
1,054
868
738
650
553
494
389
378
330
247
231
193
193
108
107
57
42
11,406
11,877
MoM Change (%)
Nov-18 Dec-18 Jan-19 Feb-19 Mar-19 Apr-19 May-19 Jun-19 July-19 Aug-19 Sep-19 Oct-19
6.1
2.9
0.6
1.7
11.4
1.1
3.4
0.2
-3.2
1.7
7.9
4.3
2.0
2.4
-0.8
-1.4
10.4
-1.4
3.6
-0.3
-5.4
-0.4
5.0
3.5
-0.9
3.1
-1.3
5.0
2.1
-1.5
4.4
-0.5
-5.0
0.5
5.9
6.2
3.0
12.5
-5.3
-3.0
17.5
-5.1
0.0
-1.0
0.0
-7.8
5.2
4.1
5.2
2.7
-2.5
0.2
8.1
-1.3
3.2
-2.9
-6.9
-1.7
7.7
3.9
4.5
1.4
0.2
0.7
8.5
-0.3
2.4
-0.2
-4.7
1.3
5.5
4.0
5.3
3.6
-0.2
3.4
8.2
-0.6
4.8
0.7
-4.0
3.7
5.9
4.7
6.8
4.8
-1.9
6.1
6.4
3.1
7.4
0.8
-5.8
4.5
9.5
6.1
2.3
1.4
-0.6
-1.2
6.6
-1.7
1.8
-2.4
-7.2
-1.7
5.4
3.1
4.5
0.3
-3.0
0.6
8.6
-1.6
1.3
0.1
-9.6
0.4
7.0
5.6
4.5
0.5
-3.3
-1.5
9.0
-1.0
2.5
-1.5
-6.0
-0.9
5.1
3.7
5.2
3.1
2.3
1.8
12.2
3.9
10.3
3.7
1.2
5.0
7.0
9.0
3.9
2.0
-3.2
-0.1
8.6
0.5
5.2
2.4
-0.8
2.9
8.9
-0.5
11.8
6.1
-3.0
5.0
9.8
0.3
0.6
0.5
-5.8
0.8
6.6
3.3
4.8
4.9
-1.7
0.1
10.9
-1.9
3.0
-1.6
-9.0
-2.0
8.3
3.5
7.8
-0.5
-3.1
0.0
6.3
-0.7
0.5
0.3
-10.4
5.6
6.8
4.3
7.2
6.8
1.5
0.7
12.9
1.4
5.8
1.4
-1.7
2.8
6.5
6.9
6.8
0.5
2.2
2.1
10.9
3.6
5.4
0.7
-6.2
2.2
6.9
6.1
5.2
1.7
-2.1
0.1
9.7
-0.7
4.2
-1.7
-6.4
-1.1
4.8
3.2
6.6
-0.4
-5.7
-2.6
7.9
-2.2
4.5
-4.4
-6.5
2.2
8.0
3.2
3.8
3.5
-1.5
0.9
9.2
-0.9
3.3
-0.4
-4.7
0.0
6.5
4.4
4.7
-0.1
-0.3
-0.4
7.7
1.1
1.5
-1.1
-5.7
-0.9
4.1
3.5
12M Chg
(INRb) (%)
554
44.3
231
17.5
224
18.8
166
18.7
116
15.4
148
25.1
189
41.1
204
58.5
25
5.3
47
13.7
37
10.7
153
86.8
62
33.3
67
40.6
31
19.4
27
16.5
43
65.3
35
48.5
8
17.2
4
9.5
2,372 26.3
14.4
Cash
Holding (%)
7.2
4.6
10.0
2.3
3.0
3.4
8.7
8.7
8.4
4.0
3.6
2.4
3.8
3.3
3.9
1.6
3.7
3.7
2.2
4.5
4.7
Note:
Equity value represents equity exposure for all mutual fund schemes (including balanced and other schemes).
Cash is derived by deducting equity AUM from total AUM; Only equity growth schemes have been considered for cash.
Fund Folio: Indian Mutual Fund Tracker | November 2019
6
 Motilal Oswal Financial Services
Sector-wise weight:
MoM increase seen in Autos, PSU Banks, Oil, Healthcare and Consumer
§
§
§
In Oct’19, MFs showed interest in Automobiles, PSU Banks, Oil & Gas, Healthcare and Consumer, with these sectors witnessing an MoM increase in
weight. Technology, Capital Goods, Private Banks, NBFCs, Cement, Metals and Telecom saw an MoM decrease in weight.
Private Banks (20.6%) was the top sector holding in Oct’19, followed by NBFCs (8.8%), Oil & Gas (8.7%) and Consumer (8.4%).
Technology, Telecom and Media were the only sectors to witness a decline in value MoM.
Sector value change MoM (%):
Technology,
Telecom and Media saw decline MoM
MoM Chg (pp)
20.6
8.8
8.7
8.4
8.2
7.6
5.9
5.4
4.0
3.9
2.7
2.7
2.2
1.7
1.6
0.8
0.6
0.6
0.5
-
-
-
-
-
0.4
0.2
0.4
0.3
0.1
Sector allocation (%): Autos,
PSU Banks and Oil &
Gas see highest rise MoM
Oct Weight (%)
Banks Private
NBFC
Oil & Gas
Consumer
Technology
Capital Goods
Auto
Healthcare
Banks Public
Utilities
Chemicals
Cement
Metals
Retail
Telecom
Textiles
Infrastructure
Real Estate
Media
MFs v/s BSE-200 weight (%):
Consumer u/w and
Capital Goods o/w
16.1
BSE 200 Weight (%)
Banks Private
NBFC
Consumer
Oil & Gas
Technology
Auto
Capital Goods
Healthcare
Utilities
Banks Public
Cement
Metals
Retail
Telecom
Chemicals
Infrastructure
Real Estate
Textiles
Media
MF Weight (%)
21.3
20.6
12.3
Banks Public
Auto
Oil & Gas
Healthcare
Textiles
Consumer
Real Estate
Utilities
Chemicals
Retail
Banks Private
NBFC
Infrastructure
Capital Goods
Metals
Cement
Technology -1.7
Telecom -2.2
Media -2.9
5.1
5.0
4.5
4.1
3.6
3.6
2.8
1.8
1.5
1.5
0.4
7.7
7.7
6.2
12.8
-
-
8.8
12.2
8.4
11.0
8.7
10.8
8.2
6.6
5.9
4.2
7.6
4.2
5.4
2.7
3.9
2.3
4.0
2.2
2.7
2.1
2.2
1.5
1.7
1.4
1.6
1.2
2.7
0.6
0.6
0.4
0.6
0.4
0.8
0.3
0.5
Fund Folio: Indian Mutual Fund Tracker | November 2019
7
 Motilal Oswal Financial Services
Sectoral allocation of funds:
Capital Goods, Cement and Healthcare over-owned
§
§
Top sectors where ownership of mutual funds vis-à-vis BSE-200 is at least 1% higher: Capital Goods (16 funds over-owned), Cement (10 funds over-
owned), Healthcare (10 funds over-owned), Retail (8 funds over-owned) and PSU Banks (7 funds over-owned).
Top sectors where ownership of mutual funds vis-à-vis BSE-200 is at least 1% lower: Technology (18 funds under-owned), NBFCs (17 funds under-
owned), Oil & Gas (17 funds under-owned), Consumer (15 funds under-owned) and Utilities (10 funds under-owned).
Sector-wise allocation of funds v/s BSE-200 (%)
Sector
Auto
Banks PVT
Banks PSU
Cap. Goods
Cement
Chemicals
Consumer
Healthcare
Infra
Media
Metals
NBFC
Oil & Gas
Real Estate
Retail
Technology
Telecom
Textiles
Utilities
Aditya
Birla Sun
Life
BSE200
6.6
3.8
21.3
21.4
2.3
2.3
4.2
8.4
2.2
3.9
1.2
3.3
12.2
11.1
4.2
8.6
0.6
0.7
0.3
1.4
2.1
1.9
12.3
9.1
11.0
7.0
0.4
0.3
1.5
1.4
10.8
7.2
1.4
1.0
0.4
0.3
2.7
2.5
Axis
7.4
24.5
0.1
4.3
1.6
4.6
9.4
2.2
0.0
0.0
0.1
17.5
3.8
0.1
6.7
12.2
0.2
0.4
1.4
BNP
Paribas
2.8
21.0
1.5
5.6
5.7
2.2
12.1
3.4
0.7
3.5
1.7
13.8
9.0
0.1
3.0
6.3
0.8
0.1
1.8
Canara
Robeco
3.9
23.1
11.2
3.4
3.6
10.2
6.9
0.1
0.7
0.0
9.5
5.9
0.3
2.9
6.9
1.8
0.1
1.5
DSP
5.8
19.5
1.2
7.9
4.0
5.1
7.7
8.1
0.7
0.7
2.1
9.8
7.0
1.9
1.2
4.8
1.0
3.2
1.6
Franklin
ICICI
Templeton HDFC Pru
7.6
3.3
6.8
20.4
16.9 15.4
3.8
8.6
4.7
4.8
10.5
5.0
6.7
0.9
1.5
3.2
4.3
1.7
5.4
5.3
8.6
6.3
4.4
6.3
0.6
1.2
0.7
0.6
0.5
1.0
1.8
2.7
5.3
4.7
6.7
7.5
8.9
10.7 9.3
1.6
0.3
0.4
1.3
1.2
1.1
6.0
9.2
9.5
4.8
0.4
4.3
1.0
0.2
0.1
4.1
7.8
7.8
Kotak
IDFC Invesco Mahindra
5.1
8.9
4.6
20.9
20.4
28.0
2.9
1.5
3.6
10.3
5.7
7.3
4.5
2.1
5.4
3.4
1.7
2.4
8.7
8.9
6.7
4.0
8.4
3.1
1.1
1.2
0.4
0.2
0.1
0.1
1.7
1.7
1.7
8.2
6.8
8.2
6.8
9.5
12.1
0.5
0.1
0.4
4.0
2.7
0.4
6.4
9.5
6.6
0.3
2.2
0.2
1.1
1.9
1.3
1.7
0.8
L&T
3.1
15.9
2.1
11.5
6.0
4.1
6.6
5.1
0.8
0.2
1.5
7.6
5.8
2.6
3.6
8.1
1.8
2.0
0.9
Mirae
6.6
22.6
4.7
6.6
1.1
0.6
10.2
10.2
0.7
2.2
5.4
9.0
0.1
1.6
9.1
0.8
2.9
2.8
Motilal Nippon
Oswal
India Principal SBI Sundaram TATA UTI
8.7
6.9
4.9
6.1
6.5
7.0
9.2
22.5
19.4
19.8
25.6
13.3
21.2 20.3
0.0
6.7
3.2
3.6
0.4
2.5 1.8
7.7
12.0
5.8
5.7
11.4
7.6
4.8
0.6
1.8
4.4
2.5
5.3
2.2 2.2
0.3
1.8
5.8
1.5
4.2
2.2
2.4
13.0
4.9
11.7 10.0
13.3
14.7
10.7
3.5
6.6
5.4
3.9
4.6
3.2
6.5
0.0
0.6
0.6
0.2
0.5
0.8 0.3
0.0
0.2
0.8
0.2
1.8
0.9 0.4
0.0
2.8
1.7
1.3
0.1
0.3 1.7
20.1
5.6
6.7
10.8
9.0
10.7 9.9
4.7
10.3
7.5
9.3
4.3
8.4 7.2
0.1
0.5
0.0
0.5
0.4
0.5 0.5
3.7
1.4
0.6
0.5
4.9
2.2 1.8
9.4
4.4
8.7
8.9
4.2
7.0
11.9
0.0
0.7
1.2
2.0
1.1
0.4 1.5
0.9
0.9
1.6
0.4
0.7
0.2 0.9
0.0
6.2
3.1
2.3
0.6
1.6 2.0
Note:
Green box
indicates over-ownership by +1% and
orange
box indicates under-ownership by -1% of a sector vis-a-vis BSE200 weight.
Fund Folio: Indian Mutual Fund Tracker | November 2019
8
 Motilal Oswal Financial Services
Nifty-50 snapshot:
MFs net buyers in 56% of stocks
Highest net buying in Oct’19 on an MoM basis was witnessed in Bharti Infratel (+33%), Ultratech (+11.7%), Bajaj Finserv (+10.8%), Cipla (+10.6%) and GAIL (+8.6%).
Company
Bharti Infratel
UltraTech Cement
Bajaj Finserv
Cipla
GAIL
Adani Ports & SEZ
Bajaj Auto
HUL
Eicher Motors
Infosys
Power Grid
BPCL
L&T
Coal India
Maruti Suzuki
Sun Pharma
SBI
Axis Bank
Grasim Inds
Tata Motors
Nestle India
Hero MotoCorp
HCL Tech.
Wipro
Kotak Mah. Bank
ITC
HDFC Bank
Hindalco
NTPC
Vedanta
Number of Funds
Value Oct- Value Chg Shares Oct- Shares Chg
Having Exposure
MoM (%)
19 (INR B) MoM (%)
19 (M)
>2%
<2%
4.2
65.2
49.5
54.8
62.8
19.9
24.5
106.2
36.3
387.9
69.8
109.7
376.3
84.2
109.8
110.3
375.8
373.3
45.3
42.2
53.5
37.7
90.5
19.1
260.8
296.6
777.7
57.2
204.2
61.4
-2.0
6.7
5.9
21.4
10.9
2.6
18.2
16.5
34.3
-10.1
4.6
16.9
2.9
7.0
15.8
14.4
18.3
10.1
7.5
54.2
9.6
1.8
9.5
9.8
-2.8
0.4
0.9
-1.8
4.0
-4.0
22.2
15.7
6.1
117.3
457.0
50.2
7.5
48.8
1.6
565.7
351.8
208.4
255.4
405.6
14.5
254.4
1,203.0
507.0
58.9
237.6
3.6
14.0
77.8
73.8
165.7
1,151.4
632.1
304.7
1,668.0
413.7
33.0
11.7
10.8
10.6
8.6
7.3
7.1
6.1
5.9
5.6
5.0
4.4
3.0
3.0
2.9
2.8
2.5
2.4
2.1
1.9
1.8
1.8
1.8
1.5
1.5
1.3
0.7
0.0
-0.1
-0.3
1
1
17
19
18
19
19
18
19
17
18
3
19
18
4
17
16
19
8
4
20
18
19
19
18
19
8
10
18
16
19
Company
Reliance Inds.
HDFC
Tata Steel
Dr Reddys Labs.
M&M
Bharti Airtel
Bajaj Finance
ICICI Bank
Tech Mahindra
Asian Paints
UPL
Titan Company
TCS
IOC
ONGC
IndusInd Bank
Yes Bank
Britannia Inds
JSW Steel
Zee Entertainmen
OW/UW to Nifty(pp)
Value Oct- Value Chg Shares Oct- Shares Chg
19 (INR B) MoM (%)
19 (M)
MoM (%)
465.5
319.1
60.7
42.6
65.8
166.1
155.4
660.8
66.1
83.6
17.9
56.2
225.9
90.8
81.5
93.0
14.2
38.7
12.4
11.7
9.0
6.7
3.8
1.6
9.3
0.2
-2.5
4.6
0.3
-0.5
-4.9
0.7
4.0
-4.2
3.3
-8.9
62.8
6.0
-6.2
-31.1
317.9
149.7
160.6
15.3
108.5
443.7
38.6
1,427.0
89.5
46.2
30.1
42.2
99.5
618.9
575.2
70.8
202.1
11.8
54.4
45.1
-0.8
-1.1
-1.4
-1.4
-1.4
-1.8
-2.0
-2.0
-3.0
-3.1
-3.7
-3.7
-3.8
-3.8
-3.9
-4.0
-4.3
-4.5
-5.4
-29.8
3
1
17
1
1
16
1
4
1
11
16
Number of Funds
Having Exposure
>2%
<2%
18
2
10
10
18
1
19
20
3
17
4
16
19
1
20
3
17
18
1
19
11
9
3
16
2
16
3
16
19
1
19
19
18
1
1
12
10
20
1
4
MFs’ weight in Nifty (%)
30.7
11.4 11.1
8.2 7.4 5.3 5.3
4.2
1.6
2.8
2.2
0.8
0.5
0.6
0.1
MFs Weight in Nifty (%)
5.0 4.5 2.9 2.7 2.4 1.6
0.8 0.3 0.3 0.2
Fund Folio: Indian Mutual Fund Tracker | November 2019
9
 Motilal Oswal Financial Services
Top schemes and NAV change:
44% of top-25 schemes outperform markets
§
Among the top-25 schemes by AUM, those registering the highest rise were
Nippon India Tax Saver (ELSS) Fund (+8.0% MoM change in NAV),
Aditya Birla SL Tax Relief '96 (+5.7% MoM), Axis Long Term Equity Fund (+5.1% MoM), Mirae Asset Emerging Bluechip Fund (+4.9% MoM) and Mirae
Asset Large Cap Fund (+4.4% MoM).
Total AUM (INR B)
283
241
236
234
226
215
212
185
159
155
135
131
116
114
107
103
99
98
91
89
88
87
87
84
83
Equity AUM (INR B)
256
212
215
233
207
205
207
184
156
132
134
130
114
104
105
103
97
95
81
88
86
73
78
80
77
MoM NAV Chg (%)
3.0
2.6
3.3
3.7
2.3
5.1
3.1
4.0
4.4
2.2
3.3
4.2
2.9
2.6
8.0
3.2
3.9
5.7
1.2
4.9
3.9
1.2
3.6
2.3
1.8
12M NAV Chg (%)
16.0
10.5
16.1
9.0
2.8
23.0
9.9
10.0
15.1
-0.2
16.5
9.3
9.5
5.5
4.2
9.2
14.3
10.3
-5.2
17.1
21.0
25.1
14.2
-1.2
17.1
Top schemes by AUM
Scheme Name
Kotak Standard Multicap Fund (G)
ICICI Pru Bluechip Fund (G)
SBI BlueChip Fund (G)
HDFC Equity Fund - (G)
HDFC Mid-Cap Opportunities Fund (G)
AXIS Long Term Equity Fund (G)
Aditya Birla SL Frontline Equity Fund (G)
HDFC Top 100 Fund (G)
Mirae Asset Large Cap Fund (G)
ICICI Pru Value Discovery Fund (G)
Motilal Oswal Multicap 35 Fund (G)
Nippon India Large Cap Fund (G)
Aditya Birla SL Equity Fund (G)
Franklin India Equity Fund - (G)
Nippon India Tax Saver (ELSS) Fund - (G)
Nippon India Multi Cap Fund (G)
UTI-Equity Fund (G)
Aditya Birla SL Tax Relief '96 (G)
HDFC Small Cap Fund (G)
Mirae Asset Emerging Bluechip Fund (G)
AXIS Focused 25 Fund (G)
AXIS Bluechip Fund (G)
Franklin India Focused Equity Fund (G)
Nippon India Small Cap Fund (G)
SBI Magnum Multicap Fund (G)
Note:
Equity growth schemes considered for this comparison
Fund Folio: Indian Mutual Fund Tracker | November 2019
10
 Motilal Oswal Financial Services
Value surprise:
Maximum MoM change in SBI, Reliance Inds, Axis Bank and ICICI Bank
§
§
In Oct’19, six of the top-10 stocks that saw a maximum change in value were from Financials. SBI, Reliance Industries, Axis Bank, ICICI Bank and
Bandhan Bank saw the maximum value change MoM.
Stocks that saw the maximum decline in value were Infosys, IndusInd Bank, Century Textiles, Aurobindo Pharma and Interglobe Aviation.
Top-10 stocks by change in value
Company
SBI
Reliance Inds
Axis Bank
ICICI Bank
Bandhan Bank
ICICI Lombard Gen
HDFC
BPCL
HUL
Maruti Suzuki
Value Oct-19
(INR B)
375.8
465.5
373.3
660.8
35.5
65.9
319.1
109.7
106.2
109.8
Value Chg MoM
(INR B)
58.1
38.5
34.3
29.1
26.5
21.1
20.0
15.9
15.0
15.0
Value Chg MoM
(%)
18.3
9.0
10.1
4.6
293.6
47.1
6.7
16.9
16.5
15.8
Shares Oct-19
(M)
1,203.0
317.9
507.0
1,427.0
57.9
49.1
149.7
208.4
48.8
14.5
Shares Chg MoM
(M)
29.9
-2.6
12.0
-29.4
39.6
12.0
-1.6
8.7
2.8
0.4
Shares Chg
MoM (%)
2.5
-0.8
2.4
-2.0
216.2
32.5
-1.1
4.4
6.1
2.9
Price Chg MoM
(%)
15.3
9.9
7.5
6.8
24.6
10.9
8.0
12.1
9.8
12.5
% AUM
3.3
4.1
3.3
5.8
0.3
0.6
2.8
1.0
0.9
1.0
Bottom-10 stocks by change in value
Company
Infosys
IndusInd Bank
Century Textiles
Aurobindo Pharma
Interglobe Aviation
Kotak Mah. Bank
Zee Ent
Pidilite Inds
RBL Bank
Vodafone Idea
Value Oct-19
(INR B)
387.9
93.0
7.0
33.9
30.1
260.8
11.7
27.1
24.5
6.4
Value Chg MoM
(INR B)
-43.8
-9.1
-8.8
-8.1
-8.0
-7.6
-5.3
-4.4
-4.4
-4.1
Value Chg MoM
(%)
-10.1
-8.9
-55.7
-19.3
-21.0
-2.8
-31.1
-14.1
-15.1
-39.2
Shares Oct-19
(M)
565.7
70.8
16.5
72.1
20.6
165.7
45.1
19.3
79.0
1,647.7
Shares Chg MoM Shares Chg MoM Price Chg MoM
(%)
(M)
(%)
29.9
-3.0
-0.9
0.9
0.5
2.4
-19.2
-2.5
-8.7
-70.1
5.6
-4.0
-4.9
1.2
2.5
1.5
-29.8
-11.5
-10.0
-4.1
-14.9
-5.1
5.2
-20.2
-23.0
-4.3
-1.7
-2.9
-5.7
-36.9
% AUM
3.4
0.8
0.1
0.3
0.3
2.3
0.1
0.2
0.2
0.1
Fund Folio: Indian Mutual Fund Tracker | November 2019
11
 Motilal Oswal Financial Services
SBI
HDFC
ICICI Prudential
Nippon India
Aditya Birla Sun Life
UTI
Kotak Mahindra
Axis
Franklin Templeton
DSP
L&T
Mirae Asset
IDFC
Tata
Sundaram
Motilal Oswal
Invesco
Canara Robeco
Principal
BNP Paribas
Fund Folio: Indian Mutual Fund Tracker | November 2019
IN ORDER OF EQUITY AUM, CLICK ON THE FUND NAME FOR DETAILS
FUNDS
SNAPSHOT
12
 Motilal Oswal Financial Services
SBI:
Equity AUM INR1805b
Top company holdings (%)
Oct-19
HDFC Bank
RIL
ICICI Bank
HDFC
Axis Bank
Kotak M Bank
Infosys
SBI
ITC
L&T
Chg MoM (pp)
10.2
-0.2
6.2
0.5
0.2
5.7
0.2
0.2
-0.3
-1.3
0.5
-0.4
-0.1
HDFC:
Equity AUM INR1551b
Top company holdings (%)
Oct-19
ICICI Bank
SBI
L&T
RIL
HDFC Bank
Infosys
ITC
NTPC
Axis Bank
BPCL
Chg MoM (pp)
7.3
6.2
5.7
5.7
4.8
4.7
3.7
2.9
2.6
2.4
-0.3
0.8
-0.1
0.2
-0.2
-1.7
0.2
0.0
0.1
0.1
Banks Pvt
Oil & Gas
Cap Goods
Technology
Banks PSU
Utilities
NBFC
Consumer
Healthcare
Chemicals
25.6
0.0
0.0
-0.3
0.6
-1.0
0.4
-0.1
0.0
0.5
-0.1
Weight (%)
Chg MoM (pp)
Weight (%)
10.8
10.0
9.3
8.9
6.1
5.7
3.9
3.6
2.5
Back to
Snapshot
Top sector allocation (%)
Banks Pvt
NBFC
Consumer
Oil & Gas
Technology
Auto
Cap Goods
Healthcare
Banks PSU
Cement
Top sector allocation (%)
Chg MoM (pp)
10.7
10.5
9.2
8.6
7.8
6.7
5.3
4.4
3.8
16.9
-0.3
0.2
-0.2
-1.7
0.9
0.1
0.3
0.4
0.1
0.0
4.8
4.2
4.1
3.5
3.5
3.2
3.1
Top change by market value
Company
RIL
SBI
ICICI Lombard
ICICI Bank
HDFC
Axis Bank
TCS
HUL
HDFC Bank
Maruti Suzuki
Mkt Value Shares Chg
Chg (INR b)
('000)
12.86
2,047
11.06
10,091
8.07
5,194
7.69
2,720
7.59
658
6.84
2,254
5.37
629
3.65
436
3.34
2,371
3.18
67
Top change in weight (%)
Company
SBI
RIL
ICICI Lombard
HDFC
Axis Bank
ICICI Bank
TCS
HUL
Maruti Suzuki
Tata Motors
Chg MoM Current
(pp)
Weight
0.49
3.47
0.48
6.23
0.42
1.00
0.23
4.78
0.22
4.21
0.20
5.69
0.18
2.99
0.14
1.74
0.13
1.35
0.12
0.39
Top change by market value
Company
SBI
RIL
ITC
GFL
Axis Bank
REC
Cipla
Coal India
HDFC
BPCL
Mkt Value Shares Chg
Chg (INR b)
('000)
15.40
9,566
5.39
-1,915
5.14
21,663
3.13
4,700
3.08
385
2.99
7,185
2.76
4,092
2.74
8,484
2.36
21
2.27
-3,810
Top change in weight (%)
Company
SBI
ITC
GFL
RIL
REC
Cipla
Lupin
Coal India
Axis Bank
Bajaj Consumer
Chg MoM Current
(pp)
Weight
0.81
6.20
0.22
3.66
0.20
0.23
0.16
5.68
0.16
1.14
0.16
0.74
0.13
0.27
0.12
1.82
0.12
2.60
0.11
0.14
Top scheme by NAV change
Scheme Name
SBI Healthcare Opportunities Fund (G)
SBI Magnum Tax Gain Scheme (G)
SBI Magnum Global Fund (G)
SBI Banking & Financial Services Fund (G)
SBI BlueChip Fund (G)
Total AUM Equity AUM MoM NAV
(INR B)
(INR B)
Chg (%)
9.4
9.1
7.2
73.6
71.3
4.3
38.4
36.6
3.7
12.0
11.8
3.6
235.9
214.9
3.3
Top scheme by NAV change
Scheme Name
HDFC Growth Opportunities Fund (G)
HDFC Top 100 Fund (G)
HDFC Equity Fund - (G)
HDFC Tax Saver Fund (G)
HDFC Mid-Cap Opportunities Fund (G)
Total AUM Equity AUM MoM NAV
(INR B)
Chg (%)
(INR B)
13.5
13.3
4.8
185.1
183.9
4.0
234.4
233.4
3.7
74.1
69.7
3.6
226.4
206.5
2.3
Fund Folio: Indian Mutual Fund Tracker | November 2019
13
 Motilal Oswal Financial Services
ICICI Prudential:
Equity AUM INR1417b
Top company holdings (%)
Oct-19
NTPC
ICICI Bank
ITC
Infosys
HDFC Bank
Bharti Airtel
SBI
Axis Bank
L&T
ONGC
Chg MoM (pp)
5.4
0.0
5.4
0.1
0.0
4.7
4.7
4.3
4.1
3.9
3.6
3.2
2.6
0.4
-0.3
-0.4
0.2
0.2
0.1
0.0
Nippon India:
Equity AUM INR1054b
Top company holdings (%)
Oct-19
HDFC Bank
ICICI Bank
SBI
Axis Bank
L&T
IOCL
Coal India
NTPC
ONGC
Infosys
3.7
3.3
3.0
2.7
2.6
2.3
2.3
15.4
-0.1
0.1
0.0
-0.1
0.1
0.1
0.3
0.3
-0.4
0.1
Chg MoM (pp)
6.4
-0.1
5.8
4.9
-0.2
0.8
0.2
-0.1
-0.3
0.0
-0.1
0.0
0.1
Chg MoM (pp)
Weight (%)
Banks Pvt
Cap Goods
Oil & Gas
Auto
Banks PSU
Healthcare
Utilities
NBFC
Consumer
Technology
6.9
6.7
6.6
6.2
5.6
4.9
4.4
Back to
Snapshot
Top sector allocation (%)
Weight (%)
Banks Pvt
Technology
Oil & Gas
Consumer
Utilities
NBFC
Auto
Healthcare
Metals
Cap Goods
Top sector allocation (%)
Chg MoM (pp)
19.4
-0.3
-0.8
12.0
10.3
9.5
9.3
8.6
7.8
7.5
6.8
6.3
5.3
5.0
-0.4
0.8
0.9
0.4
-0.2
0.3
-0.3
0.0
Top change by market value
Company
Infosys
SBI
ICICI Bank
Axis Bank
NTPC
L&T
ITC
Sun Pharma
ICICI Lombard
BPCL
Mkt Value Shares Chg
Chg (INR b)
('000)
8.61
25,137
6.52
-2,936
6.15
3,085
5.81
3,249
5.11
17,469
4.40
3,021
4.26
18,576
3.86
266
3.38
2,350
3.13
4,478
Top change in weight (%)
Company
Infosys
SBI
ICICI Lombard
Axis Bank
BPCL
L&T
ICICI Bank
Sun Pharma
HUL
Power Grid
Chg MoM Current
(pp)
Weight
0.35
4.69
0.25
3.88
0.23
0.38
0.21
3.63
0.19
0.67
0.13
3.18
0.13
5.36
0.13
2.62
0.12
0.86
0.12
0.77
Top change by market value
Company
SBI
Tata Motors
Axis Bank
Infosys
IRCTC
Cipla
PFC
Sun Pharma
HDFC Bank
ICICI Lombard
Mkt Value Shares Chg
Chg (INR b)
('000)
10.47
13,238
7.74
9,827
3.12
614
1.96
7,689
1.72
1,953
1.71
2,615
1.59
7,348
1.50
-128
1.39
998
1.35
897
Top change in weight (%)
Chg MoM Current
Weight
(pp)
SBI
0.83
4.91
Tata Motors
0.69
1.84
IRCTC
0.16
0.16
Axis Bank
0.16
3.67
Cipla
0.14
0.64
ICICI Lombard
0.12
0.26
PFC
0.12
0.91
CreditAccess Grame
0.11
0.30
Infosys
0.10
2.29
Sun Pharma
0.09
1.45
Company
Total AUM Equity AUM MoM NAV
Chg (%)
(INR B)
(INR B)
106.7
105.0
8.0
24.3
24.3
5.8
28.5
27.9
4.3
130.9
130.2
4.2
42.8
40.8
3.9
Top scheme by NAV change
Scheme Name
ICICI Pru Long Term Equity Fund - (G)
ICICI Pru Banking & Financial Services (G)
ICICI Pru India Opportunities Fund (G)
ICICI Pru Multicap Fund - (G)
ICICI Pru Large & Mid Cap Fund - (G)
Total AUM Equity AUM MoM NAV
(INR B)
(INR B)
Chg (%)
65.2
62.6
5.2
34.4
32.0
4.0
21.0
20.5
4.0
45.3
44.3
4.0
37.1
35.9
3.7
Top scheme by NAV change
Scheme Name
Nippon India Tax Saver (ELSS) Fund - (G)
Nippon India Pharma Fund (G)
Nippon India Vision Fund - (G)
Nippon India Large Cap Fund (G)
Nippon India Focused Equity Fund (G)
Fund Folio: Indian Mutual Fund Tracker | November 2019
14
 Motilal Oswal Financial Services
Aditya Birla Sun Life:
Equity AUM INR868b
Top company holdings (%)
Oct-19
HDFC Bank
ICICI Bank
RIL
HDFC
Infosys
L&T
Axis Bank
Kotak M Bank
ITC
SBI
Chg MoM (pp)
7.0
6.3
4.7
3.6
3.2
3.0
2.3
2.3
2.2
2.2
-0.4
0.2
0.3
0.2
-0.1
0.0
0.2
-0.2
-0.3
0.0
Banks Pvt
Consumer
NBFC
Healthcare
Cap Goods
Technology
Oil & Gas
Cement
Auto
Chemicals
UTI:
Equity AUM INR738b
Top company holdings (%)
Oct-19
HDFC Bank
ICICI Bank
Infosys
HDFC
RIL
TCS
ITC
Axis Bank
Kotak M Bank
L&T
Chg MoM (pp)
6.8
5.1
4.4
4.3
4.0
3.2
3.0
2.9
2.5
2.2
-0.1
0.1
-0.9
0.3
0.2
-0.1
-0.1
0.2
-0.1
-0.1
Banks Pvt
Technology
Consumer
NBFC
Auto
Oil & Gas
Healthcare
Cap Goods
Chemicals
Cement
Weight (%)
Back to
Snapshot
Top sector allocation (%)
Weight (%)
Chg MoM (pp)
21.4
-0.2
0.1
11.1
-0.4
0.6
-0.2
-0.2
0.2
-0.3
-0.1
0.1
Top sector allocation (%)
Chg MoM (pp)
20.3
-0.1
-0.7
0.2
0.3
0.4
0.5
0.3
-0.3
0.0
-0.1
9.1
8.6
8.4
7.2
7.0
3.9
3.8
3.3
11.9
10.7
9.9
9.3
7.2
6.5
4.8
2.3
2.2
Top change by market value
Company
RIL
ICICI Lombard
ICICI Bank
HDFC
Axis Bank
Coal India
Bandhan Bank
UltraTech
Pfizer
GSK Pharma
Mkt Value Shares Chg
Chg (INR b)
('000)
4.10
286
3.72
2,227
3.38
-211
3.18
468
2.61
1,798
2.53
11,489
2.52
3,093
2.52
644
2.11
-97
1.58
123
Top change in weight (%)
Company
ICICI Lombard
RIL
Bandhan Bank
UltraTech
Coal India
HDFC
Axis Bank
Pfizer
Cipla
ICICI Bank
Chg MoM Current
(pp)
Weight
0.40
1.19
0.31
4.75
0.28
0.59
0.28
0.67
0.27
0.72
0.24
3.57
0.22
2.28
0.19
1.61
0.17
0.32
0.16
6.31
Top change by market value
Company
HDFC
RIL
Axis Bank
SBI
ICICI Bank
HUL
Eicher Motors
Sun Pharma
Info Edge
Tata Motors
Mkt Value Shares Chg
Chg (INR b)
('000)
3.28
480
2.75
48
2.43
1,380
2.08
1,250
1.95
-999
1.64
296
1.52
3
1.30
816
1.21
39
1.00
-1,550
Top change in weight (%)
Company
HDFC
Axis Bank
RIL
SBI
Eicher Motors
HUL
Info Edge
Sun Pharma
Tata Motors
L&T Infotech
Chg MoM Current
(pp)
Weight
0.29
4.34
0.23
2.88
0.23
4.03
0.22
1.77
0.18
0.94
0.17
1.60
0.14
0.72
0.13
1.32
0.12
0.47
0.10
0.76
Top scheme by NAV change
Scheme Name
Aditya Birla SL MNC Fund - (G)
Aditya Birla SL Tax Relief '96 (G)
Aditya Birla SL Tax Plan (G)
Aditya Birla SL Equity Advantage Fund (G)
Aditya Birla SL Banking&Financial Services (G)
Total AUM Equity AUM MoM NAV
(INR B)
(INR B)
Chg (%)
39.5
38.7
6.6
98.1
94.9
5.7
6.2
6.1
5.7
51.1
50.6
5.4
18.9
18.4
4.4
Top scheme by NAV change
Scheme Name
UTI-Transportation & Logistics Fund (G)
UTI-MNC Fund (G)
UTI-Equity Fund (G)
UTI-Long Term Equity Fund (G)
UTI-Master Equity Plan Unit Scheme
Total AUM Equity AUM MoM NAV
(INR B)
Chg (%)
(INR B)
14.2
13.8
7.9
23.0
21.8
5.3
99.1
96.6
3.9
12.5
12.1
3.5
18.2
17.7
3.4
Fund Folio: Indian Mutual Fund Tracker | November 2019
15
 Motilal Oswal Financial Services
Kotak Mahindra
:
Equity AUM INR650b
Top company holdings (%)
Oct-19
HDFC Bank
ICICI Bank
RIL
Axis Bank
L&T
Kotak M Bank
SBI
Infosys
TCS
HDFC
3.4
3.1
3.0
2.8
2.6
2.4
5.5
Chg MoM (pp)
8.3
-0.5
7.1
6.0
0.0
0.3
0.7
0.2
-0.3
-0.1
-0.5
-0.5
0.1
Axis:
Equity AUM INR553b
Top company holdings (%)
Oct-19
HDFC Bank
Bajaj Finance
Kotak M Bank
Avenue Super.
TCS
HDFC
Bandhan Bank
ICICI Bank
RIL
Pidilite
Chg MoM (pp)
8.0
0.0
7.7
7.0
5.8
5.7
4.9
4.9
3.8
3.5
3.5
-1.4
-0.8
0.1
0.2
-0.3
3.8
0.4
0.5
-1.2
Weight (%)
Banks Pvt
NBFC
Technology
Consumer
Auto
Retail
Chemicals
Cap Goods
Oil & Gas
Healthcare
Back to
Snapshot
Top sector allocation (%)
Weight (%)
Banks Pvt
Oil & Gas
NBFC
Cap Goods
Consumer
Technology
Cement
Auto
Banks PSU
Healthcare
Chg MoM (pp)
-0.5
28.0
0.4
12.1
0.2
8.2
0.4
7.3
0.1
6.7
-0.5
6.6
0.1
5.4
0.1
4.6
0.1
3.6
-0.1
3.1
Top sector allocation (%)
Chg MoM (pp)
24.5
3.2
-5.3
17.5
0.0
12.2
1.0
9.4
1.9
7.4
-0.1
6.7
-1.1
4.6
0.1
4.3
0.6
3.8
0.1
2.2
Top change by market value
Mkt Value Shares Chg
Chg (INR b)
('000)
Axis Bank
5.71
4,695
RIL
3.54
-6
ICICI Bank
2.33
-1,334
L&T
2.23
1,527
BPCL
2.15
2,863
Jubilant Foodworks
1.70
753
Tech Mahindra
1.66
2,147
Bajaj Finance
1.34
340
Petronet LNG
1.29
1,212
Bharat Electronics
1.22
5,469
Company
Top change in weight (%)
Chg MoM Current
(pp)
Weight
Axis Bank
0.66
5.51
BPCL
0.29
1.15
RIL
0.29
6.04
Jubilant Foodworks
0.24
0.69
Tech Mahindra
0.24
0.60
L&T
0.20
3.43
Bajaj Finance
0.16
1.13
HCL Tech
0.16
0.31
Bharat Electronics
0.14
1.16
Petronet LNG
0.13
1.62
Company
Top change by market value
Company
Bandhan Bank
Maruti Suzuki
Info Edge
Nestle India
RIL
ICICI Bank
TCS
Avenue Super.
HUL
HDFC Bank
Mkt Value Shares Chg
Chg (INR b)
('000)
21.20
32,353
7.51
826
4.17
58
3.72
190
3.64
1,429
3.19
4,331
3.12
350
2.61
237
2.59
1,005
2.38
1,853
Top change in weight (%)
Company
Bandhan Bank
Maruti Suzuki
Info Edge
Nestle India
RIL
HUL
ICICI Bank
TCS
Eicher Motors
M&M
Chg MoM Current
(pp)
Weight
3.77
4.86
1.25
3.18
0.59
3.43
0.54
2.77
0.49
3.48
0.42
1.23
0.38
3.75
0.25
5.74
0.20
0.42
0.18
0.26
Top scheme by NAV change
Scheme Name
Kotak Bluechip Fund (G)
Kotak Equity Opportunities (G)
Kotak Emerging Equity Fund (G)
Kotak Standard Multicap Fund (G)
Kotak India EQ Contra Fund (G)
Total AUM Equity AUM MoM NAV
(INR B)
(INR B)
Chg (%)
14.4
14.2
4.2
27.3
26.8
3.3
53.4
51.4
3.2
283.5
255.9
3.0
8.7
8.7
3.0
Top scheme by NAV change
Scheme Name
AXIS Long Term Equity Fund (G)
AXIS Midcap Fund (G)
AXIS Small Cap Fund (G)
AXIS Focused 25 Fund (G)
AXIS Multicap Fund (G)
Total AUM Equity AUM MoM NAV
Chg (%)
(INR B)
(INR B)
214.9
204.9
5.1
35.5
31.3
4.7
12.0
10.2
4.1
88.0
86.2
3.9
48.5
41.1
1.5
Fund Folio: Indian Mutual Fund Tracker | November 2019
16
 Motilal Oswal Financial Services
Franklin:
Equity AUM INR494b
Top company holdings (%)
Oct-19
HDFC Bank
ICICI Bank
Axis Bank
Bharti Airtel
SBI
Infosys
Dr Reddys Lab
IOCL
NTPC
Kotak M Bank
Chg MoM (pp)
-0.4
6.4
0.1
5.5
0.1
4.4
4.0
3.7
2.8
2.3
2.2
2.2
2.0
-0.4
0.7
-0.4
0.2
0.0
0.1
-0.2
DSP
:
Equity AUM INR389b
Top company holdings (%)
Oct-19
HDFC Bank
ICICI Bank
Bajaj Finance
RIL
Axis Bank
Ipca Lab
Infosys
Kotak M Bank
L&T
BPCL
3.4
2.7
2.3
2.2
2.0
1.9
1.7
1.7
Chg MoM (pp)
7.0
5.5
-0.4
-0.6
-0.1
-0.3
-0.5
0.1
1.1
-0.4
-0.3
0.3
Banks Pvt
NBFC
Healthcare
Cap Goods
Consumer
Oil & Gas
Auto
Chemicals
Technology
Cement
Weight (%)
Chg MoM (pp)
20.4
-0.4
Weight (%)
9.8
8.1
7.9
7.7
7.0
5.8
5.1
4.8
4.0
8.9
7.6
6.7
6.3
6.0
5.4
4.8
4.8
4.7
0.5
0.8
0.0
0.2
-0.6
-0.2
-0.3
-0.8
0.0
Back to
Snapshot
Top sector allocation (%)
Banks Pvt
Oil & Gas
Auto
Cement
Healthcare
Technology
Consumer
Cap Goods
Telecom
NBFC
Top sector allocation (%)
Chg MoM (pp)
19.5
-2.2
0.3
0.1
-0.4
0.3
0.2
0.1
0.0
1.0
-0.2
Top change by market value
Company
SBI
Tata Motors-DVR
BPCL
Tata Motors
Axis Bank
Dr Reddys Lab
ICICI Bank
Grasim Inds
SBI Life
Petronet LNG
Mkt Value Shares Chg
Chg (INR b)
('000)
3.95
5,600
1.77
700
1.69
1,637
1.64
0
1.28
-350
1.19
320
1.08
-1,500
1.05
850
0.99
0
0.77
28
Top change in weight (%)
Company
SBI
Tata Motors-DVR
Tata Motors
BPCL
Dr Reddys Lab
Grasim Ids
SBI Life
Axis Bank
PVR
Petronet LNG
Chg MoM Current
(pp)
Weight
0.71
3.70
0.34
1.00
0.31
0.98
0.30
1.73
0.18
2.28
0.17
1.73
0.16
1.37
0.13
4.42
0.11
0.11
0.11
1.68
Top change by market value
Company
Infosys
SBI
Federal Bank
BPCL
Emami
ICICI Pru Life
Vedanta
Ipca Lab
HPCL
Wipro
Mkt Value Shares Chg
Chg (INR b)
('000)
4.64
7,466
2.96
8,745
2.15
26,306
1.43
1,540
1.06
2,956
1.02
1,564
0.96
6,539
0.90
246
0.81
1,546
0.67
2,555
Top change in weight (%)
Company
Infosys
SBI
Federal Bank
BPCL
Vedanta
ICICI Pru Life
Emami
Wipro
HPCL
MMFS
Chg MoM Current
(pp)
Weight
1.14
2.02
0.74
1.14
0.54
0.74
0.29
1.69
0.24
0.33
0.23
0.84
0.22
1.17
0.17
0.18
0.15
1.22
0.14
0.40
Top scheme by NAV change
Scheme Name
Franklin India Focused Equity Fund (G)
Franklin India Bluechip Fund - (G)
Franklin India Prima Fund - (G)
Franklin India Equity Fund - (G)
Franklin India Taxshield - (G)
Total AUM Equity AUM MoM NAV
(INR B)
(INR B)
Chg (%)
87.1
78.1
3.6
66.7
61.4
3.5
75.1
70.4
3.2
114.0
103.6
2.6
41.0
38.6
2.5
Top scheme by NAV change
Scheme Name
DSP Focus Fund (G)
DSP Top 100 Equity Fund (G)
DSP Midcap Fund (G)
DSP Tax Saver Fund (G)
DSP Equity Opportunities Fund (G)
Total AUM Equity AUM MoM NAV
(INR B)
(INR B)
Chg (%)
19.9
19.6
4.9
26.4
26.2
4.6
66.9
61.9
3.9
61.0
59.8
3.4
56.3
55.3
3.3
Fund Folio: Indian Mutual Fund Tracker | November 2019
17
 Motilal Oswal Financial Services
L&T:
Equity AUM INR378b
Top company holdings (%)
Oct-19
ICICI Bank
HDFC Bank
L&T
RIL
Ramco Cem.
TCS
Axis Bank
HCL Tech
HDFC
Kotak M Bank
2.4
2.2
2.1
2.0
2.0
1.9
Chg MoM (pp)
5.1
-0.2
-0.2
4.4
-0.2
3.7
3.6
-0.1
0.0
-0.1
0.1
0.0
-0.3
-0.2
Banks Pvt
Cap Goods
Technology
NBFC
Consumer
Cement
Oil & Gas
Healthcare
Chemicals
Retail
Mirae Asset:
Equity AUM INR330b
Top company holdings (%)
Oct-19
HDFC Bank
ICICI Bank
RIL
SBI
Infosys
Axis Bank
ITC
L&T
TCS
Maruti Suzuki
Chg MoM (pp)
8.1
-0.5
-0.1
6.3
5.1
4.7
3.9
3.8
3.4
3.3
2.9
2.5
0.0
0.5
0.9
-0.2
-0.2
-0.3
0.0
0.1
Weight (%)
Chg MoM (pp)
Weight (%)
Banks Pvt
Healthcare
Consumer
Technology
Oil & Gas
Auto
Cap Goods
NBFC
Banks PSU
Textiles
10.2
10.2
9.1
9.0
6.6
6.6
5.4
4.7
2.9
15.9
-0.7
11.5
-0.1
8.1
-0.7
0.4
7.6
0.3
6.6
-0.3
6.0
-0.3
5.8
0.2
5.1
0.2
3.8
0.0
3.6
Back to
Snapshot
Top sector allocation (%)
Top sector allocation (%)
Chg MoM (pp)
22.6
-1.4
0.2
-0.3
0.7
0.3
0.7
-0.5
0.3
0.5
0.2
Top change by market value
Company
UltraTech
General Insurance
ICICI Lombard
Manappuram Fin
JSPL
Ratnamani Metals
Tata Global Bev.
Bharat Electronics
Axis Bank
Pfizer
Mkt Value Shares Chg
Chg (INR b)
('000)
1.58
385
1.08
1,933
0.97
564
0.82
2,713
0.75
5,524
0.70
713
0.67
1,809
0.62
2,480
0.59
66
0.59
112
Top change in weight (%)
Company
UltraTech
General Insurance
ICICI Lombard
Manappuram Fin
JSPL
Tata Global Bev.
Ratnamani Metals
Pfizer
Bharat Electronics
Trent
Chg MoM Current
(pp)
Weight
0.42
0.49
0.27
0.59
0.24
0.77
0.20
0.70
0.19
0.43
0.17
0.35
0.17
0.59
0.15
0.32
0.13
1.12
0.11
0.91
Top change by market value
Company
Infosys
SBI
PFC
RIL
ICICI Bank
TVS Motor
Dabur India
HPCL
Page Inds
Maruti Suzuki
Mkt Value Shares Chg
Chg (INR b)
('000)
3.66
7,367
2.65
2,199
1.72
14,616
1.38
-93
1.36
78
1.32
2,333
1.21
2,268
1.21
2,369
1.07
12
0.88
-4
Top change in weight (%)
Company
Infosys
PFC
SBI
TVS Motor
Biocon
Dabur India
HPCL
Kajaria Ceramics
Page Inds
SKF India
Chg MoM Current
Weight
(pp)
0.85
3.94
0.49
0.92
0.45
4.67
0.37
0.77
0.26
0.30
0.23
1.89
0.21
2.07
0.21
0.41
0.18
1.95
0.16
0.25
Top scheme by NAV change
Scheme Name
L&T Tax Advantage Fund (G)
L&T Midcap Fund (G)
L&T Large & Midcap Fund (G)
L&T Equity Fund (G)
L&T India Value Fund (G)
Total AUM Equity AUM MoM NAV
(INR B)
(INR B)
Chg (%)
34.2
33.7
4.4
58.3
56.3
3.7
13.8
13.4
3.6
27.2
26.6
3.4
80.3
79.3
3.3
Top scheme by NAV change
Scheme Name
Mirae Asset Focused Fund (G)
Mirae Asset Emerging Bluechip Fund (G)
Mirae Asset Great Consumer Fund (G)
Mirae Asset Tax Saver Fund (G)
Mirae Asset Large Cap Fund (G)
Total AUM Equity AUM MoM NAV
(INR B)
(INR B)
Chg (%)
18.7
16.1
5.2
88.7
88.1
4.9
9.3
9.1
4.8
26.7
26.5
4.7
159.0
155.5
4.4
Fund Folio: Indian Mutual Fund Tracker | November 2019
18
 Motilal Oswal Financial Services
IDFC:
Equity AUM INR247b
Top company holdings (%)
Oct-19
ICICI Bank
HDFC Bank
Axis Bank
L&T
RIL
Infosys
Kotak M Bank
SBI
HDFC
Asian Paints
2.3
2.2
1.9
1.9
3.6
3.4
3.3
Chg MoM (pp)
5.9
0.4
4.8
4.7
0.0
0.6
0.0
0.1
0.8
0.2
0.1
-0.2
0.1
Tata:
Equity AUM INR231b
Top company holdings (%)
Oct-19
HDFC Bank
ICICI Bank
RIL
HDFC
ITC
L&T
Kotak M Bank
TCS
SBI
Infosys
20.9
1.1
0.0
-1.3
0.2
-0.2
0.9
0.0
-0.2
-0.3
0.0
Chg MoM (pp)
7.3
-0.2
6.8
5.6
4.6
4.6
3.7
3.3
2.8
2.4
2.2
0.1
0.3
0.4
0.0
0.0
-0.2
0.5
0.4
-0.9
Weight (%)
Chg MoM (pp)
10.3
8.7
8.2
6.8
6.4
5.1
4.5
4.0
4.0
Weight (%)
Banks Pvt
Consumer
NBFC
Oil & Gas
Cap Goods
Auto
Technology
Healthcare
Banks PSU
Retail
Back to
Snapshot
Top sector allocation (%)
Banks Pvt
Cap Goods
Consumer
NBFC
Oil & Gas
Technology
Auto
Cement
Healthcare
Retail
Top sector allocation (%)
Chg MoM (pp)
21.2
-0.6
14.7
10.7
8.4
7.6
7.2
7.0
3.2
2.5
2.2
0.1
0.3
0.7
0.1
0.5
-1.1
-0.3
0.4
0.0
Top change by market value
Company
Infosys
Axis Bank
ICICI Bank
Kotak M Bank
Bajaj Finance
Bajaj Finserv
ICICI Lombard
Sun Pharma
ICICI Securities
JSPL
Mkt Value Shares Chg
Chg (INR b)
('000)
1.96
4,189
1.44
920
0.81
-262
0.59
512
0.53
135
0.48
66
0.47
247
0.39
242
0.36
44
0.26
755
Top change in weight (%)
Company
Infosys
Axis Bank
ICICI Bank
Kotak M Bank
Bajaj Finance
Bajaj Finserv
ICICI Lombard
Sun Phrma
ICICI Securities
JSPL
Chg MoM Current
(pp)
Weight
0.80
3.28
0.60
4.68
0.35
5.91
0.25
2.26
0.22
0.97
0.20
0.67
0.19
0.71
0.16
1.18
0.15
1.00
0.11
0.68
Top change by market value
Company
TCS
HDFC
Bajaj Auto
SBI
RIL
BPCL
3M India
ICICI Bank
HUL
BHEL
Mkt Value Shares Chg
Chg (INR b)
('000)
1.44
452
1.20
214
1.11
232
1.06
1,184
1.05
-87
1.00
1,501
0.90
36
0.76
-534
0.69
132
0.61
10,750
Top change in weight (%)
Company
TCS
Bajaj Auto
BPCL
SBI
HDFC
3M India
RIL
BHEL
HUL
Godrej Inds
Chg MoM Current
(pp)
Weight
0.55
2.81
0.43
1.98
0.41
1.20
0.40
2.41
0.38
4.65
0.37
0.82
0.29
5.60
0.26
0.26
0.24
2.10
0.18
0.18
Top scheme by NAV change
Scheme Name
IDFC Focused Equity Fund (G)
IDFC Equity Opportunity - Series 5 (G)
IDFC Large Cap Fund (G)
IDFC Core Equity Fund (G)
IDFC Sterling Value Fund (G)
Total AUM Equity AUM MoM NAV
(INR B)
(INR B)
Chg (%)
15.3
15.1
4.2
5.7
5.5
4.2
4.6
4.4
3.2
28.9
28.2
2.8
31.4
29.4
2.4
Top scheme by NAV change
Scheme Name
Tata India Consumer Fund (G)
Tata Ethical Fund - (G)
Tata Large Cap Fund - Regular (G)
Tata Multicap Fund - Regular (G)
Tata India Tax Savings Fund (G)
Total AUM Equity AUM MoM NAV
(INR B)
(INR B)
Chg (%)
14.5
14.3
5.1
5.9
5.7
4.5
8.2
8.1
4.0
17.3
17.2
3.8
20.1
19.8
3.5
Fund Folio: Indian Mutual Fund Tracker | November 2019
19
 Motilal Oswal Financial Services
Sundaram:
Equity AUM INR193b
Top company holdings (%)
Oct-19
ICICI Bank
HDFC Bank
RIL
Ramco Cem.
L&T
Trent
ICICI Lombard
Varun Beverages
HDFC
Axis Bank
Chg MoM (pp)
3.6
0.1
3.5
-0.2
0.4
2.7
2.3
2.2
2.1
2.1
1.8
1.7
1.6
-0.1
0.0
0.1
0.3
-0.1
0.1
0.1
Banks Pvt
Consumer
Cap Goods
NBFC
Auto
Cement
Retail
Healthcare
Oil & Gas
Technology
Motilal Oswal:
Equity AUM INR193b
Top company holdings (%)
Oct-19
HDFC Bank
HDFC Life
Axis Bank
L&T
Maruti Suzuki
Bajaj Finance
Kotak M Bank
Infosys
HDFC
TCS
Chg MoM (pp)
10.0
0.1
0.4
6.4
5.8
5.4
4.9
4.7
4.1
4.0
4.0
3.9
0.4
-0.1
0.3
-1.3
0.4
-1.3
-0.1
0.0
Chg MoM (pp)
-0.8
13.3
0.6
-0.4
-0.6
0.1
-0.1
0.0
0.2
0.7
-0.5
Weight (%)
Banks Pvt
NBFC
Consumer
Technology
Auto
Cap Goods
Oil & Gas
Retail
Healthcare
Textiles
3.7
3.5
0.9
4.7
13.3
11.4
9.0
6.5
5.3
4.9
4.6
4.3
4.2
Back to
Snapshot
Top sector allocation (%)
Weight (%)
Top sector allocation (%)
Chg MoM (pp)
22.5
-0.9
20.1
-0.5
1.7
13.0
-1.2
9.4
0.9
-0.5
0.2
0.0
-0.7
-0.1
9.0
7.7
Top change by market value
Company
RIL
IRCTC
Concor
ICICI Lombard
HUL
Bharti Airtel
BPCL
PVR
United Breweries
Timken India
Mkt Value Shares Chg
Chg (INR b)
('000)
0.92
334
0.87
989
0.73
1,246
0.72
271
0.64
188
0.57
1,472
0.54
1,013
0.48
297
0.44
345
0.37
47
Top change in weight (%)
Company
IRCTC
RIL
Concor
ICICI Lombard
HUL
BPCL
Bharti Airtel
United Breweries
PVR
Ipca Lab
Chg MoM Current
(pp)
Weight
0.45
0.45
0.40
2.74
0.37
0.47
0.32
2.06
0.29
1.55
0.28
0.32
0.28
0.93
0.23
0.23
0.22
0.98
0.16
0.19
Top change by market value
Mkt Value Shares Chg
Chg (INR b)
('000)
Jubilant Foodworks
2.84
1,658
HDFC Life
1.31
1,357
Eicher Motors
1.31
0
Axis Bank
1.27
729
Kotak M Bank
1.00
823
HDFC Bank
0.97
755
Maruti Suzuki
0.97
-12
3M India
0.94
42
HDFC Asset Mgmt
0.82
199
ICICI Bank
0.55
712
Company
Top change in weight (%)
Chg MoM Current
(pp)
Weight
Jubilant Foodworks
1.45
2.03
Eicher Motors
0.57
3.21
3M India
0.49
0.49
Axis Bank
0.44
5.75
HDFC Life
0.43
6.44
Kotak M Bank
0.37
4.08
HDFC Asset Mgmt
0.35
2.14
Maruti Suzuki
0.31
4.90
United Breweries
0.24
0.39
Whirlpool of India
0.24
0.24
Company
Total AUM Equity AUM MoM NAV
(INR B)
(INR B)
Chg (%)
15.8
15.4
4.2
11.8
11.8
3.6
135.1
133.7
3.3
16.3
15.5
2.3
Top scheme by NAV change
Scheme Name
Sundaram Services Fund - Regular (G)
Sundaram Small Cap Fund (G)
Sundaram Rural and Consumption Fund (G)
Sundaram Select Focus - (G)
Sundaram Diversified Equity (G)
Total AUM Equity AUM MoM NAV
(INR B)
(INR B)
Chg (%)
12.5
11.9
5.1
10.9
10.5
3.9
21.6
21.0
3.6
10.5
10.0
3.4
26.3
24.5
2.9
Top scheme by NAV change
Scheme Name
Motilal
Motilal
Motilal
Motilal
Oswal
Oswal
Oswal
Oswal
Long Term Equity Fund (G)
Focused 25 Fund (G)
Multicap 35 Fund (G)
Midcap 30 Fund (G)
Motilal Oswal Securities Limited is the Sponsor of Motilal Oswal Mutual Fund. The Sponsor is not responsible or liable for any loss or shortfall resulting from the operation of the Mutual Fund beyond the
initial contribution made by it of an amount of Rs. 1 Lac towards setting up of the Mutual Fund. Mutual fund investments are subject to market risks, read all scheme related documents carefully.
Fund Folio: Indian Mutual Fund Tracker | November 2019
20
 Motilal Oswal Financial Services
Invesco:
Equity AUM INR108b
Top company holdings (%)
Oct-19
HDFC Bank
ICICI Bank
RIL
L&T
ITC
Infosys
Axis Bank
Bharti Airtel
Apollo…
Cholamandal…
Chg MoM (pp)
Banks Pvt
Technology
Oil & Gas
Auto
Consumer
Healthcare
NBFC
Cap Goods
Retail
Telecom
8.2
-0.6
0.0
6.8
0.0
5.2
-0.3
3.9
-0.1
3.5
-0.6
3.0
0.1
2.6
0.0
2.2
0.3
2.1
0.0
2.1
Canara Robeco:
Equity AUM
Top company holdings (%)
Oct-19
HDFC Bank
ICICI Bank
Axis Bank
RIL
Kotak M Bank
HDFC
L&T
Infosys
HUL
TCS
3.9
3.7
3.5
3.2
3.2
3.1
2.2
2.2
20.4
0.1
-0.9
0.3
0.6
-0.2
0.4
-1.3
-0.2
0.0
0.0
Chg MoM (pp)
8.0
-0.1
6.3
-0.1
-0.4
1.1
-0.6
-0.3
-0.3
-0.4
0.2
-0.2
Weight (%)
9.5
9.5
9.1
8.9
8.4
6.8
5.7
2.7
2.2
Chg MoM (pp)
Banks Pvt
Cap Goods
Consumer
NBFC
Technology
Healthcare
Oil & Gas
Auto
Cement
Chemicals
Back to
INR107b
Snapshot
Weight (%)
Chg MoM (pp)
23.1
-2.5
-1.1
11.2
0.2
10.2
Top sector allocation (%)
Top sector allocation (%)
9.5
6.9
6.9
5.9
4.3
3.4
3.2
0.8
-0.6
0.5
0.9
0.2
-1.4
0.2
Top change by market value
Company
Bandhan Bank
TVS Motor
IRCTC
SBI
ICICI Bank
HCL Tech
Apollo Hospitals
Escorts
RIL
HUL
Mkt Value Shares Chg
Chg (INR b)
('000)
0.82
1,342
0.74
1,314
0.63
720
0.51
1,101
0.46
-19
0.44
335
0.43
212
0.36
506
0.36
-109
0.33
99
Top change in weight (%)
Company
Bandhan Bank
TVS Motor
IRCTC
SBI
HCL Tech
Escorts
Apollo Hospitals
Orient Electric
Tata Motors
HUL
Chg MoM Current
(pp)
Weight
0.76
0.76
0.64
1.30
0.59
0.59
0.40
1.49
0.36
1.06
0.32
0.52
0.28
2.14
0.24
0.89
0.24
0.24
0.23
1.36
Top change by market value
Mkt Value Shares Chg
Chg (INR b)
('000)
IRCTC
2.25
2,553
RIL
1.34
739
Jubilant Foodworks
0.74
395
AU Small Fin
0.74
1,070
HDFC Asset Mgmt
0.43
140
ICICI Pru. Life
0.41
504
HDFC Bank
0.36
278
Abbott India
0.34
21
ICICI Lombard
0.33
139
HUL
0.30
45
Company
Top change in weight (%)
Chg MoM Current
(pp)
Weight
IRCTC
2.10
2.10
RIL
1.10
3.73
AU Small Fin
0.68
0.75
Jubilant Foodworks
0.66
1.27
HDFC Asset Mgmt
0.39
0.49
ICICI Pru. Life
0.30
1.84
Abbott India
0.27
1.12
ICICI Lombard
0.23
1.51
HDFC Life
0.19
0.44
Alkem Lab
0.17
0.37
Company
Top scheme by NAV change
Scheme Name
Invesco India Growth Opportunities Fund (G)
Invesco India Tax Plan (G)
Invesco India Midcap Fund (G)
Invesco India Contra Fund (G)
Invesco India Multicap Fund (G)
Total AUM Equity AUM MoM NAV
(INR B)
(INR B)
Chg (%)
19.9
19.0
4.6
9.6
9.1
4.0
6.2
5.9
3.9
44.9
43.6
3.2
9.4
9.0
2.7
Top scheme by NAV change
Scheme Name