InvestorQ : How does the fund deployment by equity funds look like in the last month and how to interpret it?
Debbie Mascarenhas made post

How does the fund deployment by equity funds look like in the last month and how to interpret it?

Answer
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Crowny Pinto answered.
9 months ago


I will present the data to you on a sector wise basis. This will give you an idea of how much of the equity AUM has actually gone into various sectors.

Sector Classification (as per AMFI) and Derivative Exposure

Assets Under Management

Amount (in Crs.)

% of Equity AUM

AUTO

39984.92

3.37

AUTO ANCILLARIES

25103.57

2.12

BANKS

298785.74

25.18

CEMENT

33814.44

2.85

CHEMICALS

19124.72

1.61

CONSTRUCTION

11336.4

0.96

CONSTRUCTION PROJECT

42311.49

3.57

CONSUMER DURABLES

29609.02

2.50

CONSUMER NON DURABLES

92440.28

7.79

DIVERSIFIED

516.21

0.04

ENGINEERING

116.52

0.01

FERROUS METALS

12684.14

1.07

FERTILISERS

2910.07

0.25

FINANCE

119466.22

10.07

GAS

16086

1.36

HARDWARE

62.82

0.01

HEALTHCARE SERVICES

4576.56

0.39

HOTELS

8706.08

0.73

INDUSTRIAL CAPITAL GOODS

21085.66

1.78

INDUSTRIAL PRODUCTS

25037.6

2.11

MEDIA AND ENTERTAINMENT

6696.36

0.56

MINERALS/MINING

8976.25

0.76

NON - FERROUS METALS

13584.66

1.14

OIL

8299.85

0.70

PAPER

719.06

0.06

PESTICIDES

7858.28

0.66

PETROLEUM PRODUCTS

77476.03

6.53

PHARMACEUTICALS

61325.12

5.17

POWER

37387.77

3.15

RETAILING

13449.61

1.13

SOFTWARE

96038.47

8.09

TELECOM - EQUIPMENT AND ACCESSORIES

1251.81

0.11

TELECOM - SERVICES

21672.45

1.83

TEXTILE - COTTON

1070.33

0.09

TEXTILE - SYNTHETIC

90.12

0.01

TEXTILE PRODUCTS

6394.81

0.54

TRADING

509.72

0.04

TRANSPORTATION

13461.63

1.13

DERIVATIVES

-1852.53

(0.16)

OTHERS

8431.66

0.71

Total

1186599.92

100

What can you conclude from the above table? Clearly, the big percentage of new flows is still into the banking sector which has the highest weightage in the overall market index too. Actually, if you add up the financials also, then the actual focus is closer to 36%. Pharma has seen some interest although it has declined substantially in the last few years.