Last Updated on December 29, 2021 at 5:22 pm
Among mutual funds with more than 1000 Crores of AUM in Dec 2019, Axis Small Cap has registered the biggest AUM growth of 35% from Dec 31st 2019 to Jan 31st 2020 during a time when its NAV moved up by 8.4%. Here is the full list of AUM and NAV movement during this period for equity funds.
Investors should keep an eye on small cap and mid cap AUM especially when there are signs of market recovery. Funds associated with banks can see a big leap in AUM during such periods. The featured image above shows the percentage increase in AUM (vertical axis) vs the percentage NAV increase from end-Dec 2019 to end-Jan 2020 for equity mutual funds with an initial AUM of Rs. 1000 Crores or more.
When mid and small cap funds register significant AUM growth over a short span in time, their performance could suffer. They may also place restrictions on lump sum investing. This article only presents the data. There is no need for investors to take any action on this.
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These are the top 25 funds with the biggest AUM increases (shown as %). Only funds with 1000 Crores and above AUM in Dec 2019 have been considered for this list. Some entries of interest are highlighted in blue.
Top 25 AUM increase among funds with 1000 Crores or more AUM in Dec 2019
Axis Small Cap Fund 35%
Mirae Asset Midcap Fund 30%
Kotak Small Cap Fund 17%
Axis Midcap Fund 16%
Kotak Emerging Equity Fund 14%
Mirae Asset Focused Fund 11%
SBI Focused Equity Fund 11%
SBI Small Cap Fund 11%
DSP Midcap Fund 10%
Motilal Oswal Midcap 30 Fund 10%
ICICI Pru Infrastructure Fund 10%
ICICI Pru Multicap Fund 10%
Invesco India Growth Opp Fund 9%
Sundaram Large and Mid Cap Fund 9%
Kotak Equity Opp Fund 9%
Sundaram Small Cap Fund 9%
Nippon India ETF Nifty BeES 9%
Axis Bluechip Fund 8%
Kotak Tax Saver Fund 8%
Parag Parikh Long Term Equity Fund 8%
Mirae Asset Tax Saver Fund 7%
DSP Equity Fund 7%
ICICI Pru Nifty ETF 7%
SBI Magnum Midcap Fund 7%
DSP Small Cap Fund 7%
This is the list with AUM data
Top 25 AUM increase among funds with less than 1000 Crores AUM in Dec 2019
Motilal Oswal Nifty Smallcap 250 Index Fund 81%
ICICI Pru Sensex ETF 67%
Motilal Oswal Nifty Midcap 150 Index Fund 49%
ICICI Pru Smallcap Fund 29%
ITI Multi-Cap Fund 28%
ITI Long Term Equity Fund 25%
Invesco India Smallcap Fund 23%
Motilal Oswal Nifty 500 Fund 21%
Nippon India US Equity Opp Fund 21%
Tata Nifty Pvt Bank ETF 21%
Motilal Oswal Nifty Bank Index Fund 20%
IIFL Focused Equity Fund 20%
DSP Quant Fund 20%
Motilal Oswal Midcap 100 ETF 18%
Principal Midcap Fund 18%
ICICI Pru S&P BSE 500 ETF 17%
Parag Parikh Tax Saver Fund 17%
ICICI Pru Sensex Index Fund 17%
DSP NIFTY 50 Index Fund 15%
Canara Rob Small Cap Fund 15%
Tata Small Cap Fund 15%
Nippon India ETF Nifty Midcap 150 14%
Motilal Oswal Large & Midcap Fund 14%
DSP Healthcare Fund 14%
ICICI Pru NV20 ETF 14%
This is the list with AUM data (Crores)
The increased inflow into mid and small cap funds should be kept an eye on especially if the stocks in these segments recover by a significant amount.