Institutional Investing Trends

Last year has been a wonderful year to go elephant hunting. Banks were hurting and buried under bad debt, FIIs were selling Indian debt on the back of a collapsing Rupee, this pretty much made domestic bond funds the lender of last resort. Supply, combined with the fact that commissions on selling debt funds are way more lucrative than those on equity, lead to a DII (Domestic Institutional Investor) debt binge.

DII Fund Flows (Cash)

dii cash

FII Fund flows (Cash)

FIIs were in full on panic mode in June, July and August last year. But haven’t really participated in the equity markets this year.

fii cash

DII Fund Flows (Derivatives)

After being short net short in December and Jan, are we seeing a change of heart?

dii derivative

FII Fund Flows (Derivatives)

FII participation remains low. Waiting for elections?

fii derivative

FII Favorites

J&KBANK +26.43%
TATAMTRDVR +19.96%
TECHM +18.30%
DEN +17.51%
NHPC +17.26%
UPL +13.05%
HDIL -36.60%
HEXAWARE -23.00%
AMTEKAUTO -19.25%
SINTEX -12.81%
IVRCLINFRA -12.65%
WELCORP -12.1%

Mutual fund trends

Equity mutual funds’ actions over the last 4 months:

Note:

  • All figures in Rs. crores
  • Data from SEBI, fund portfolio disclosures and corporate filings
  • Only open ended funds that were in the “accumulation” phase were considered
  • Funds named “growth” and with the “direct” option alone were considered
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