Latest news with #DeepakShenoy
Mint
6 days ago
- Business
- Mint
Deepak Shenoy-backed Capitalmind Mutual Fund launches first NFO with flexi-cap scheme. Details here
Capitalmind Mutual Fund, backed by ace investor Deepak Shenoy, launched its first-ever mutual fund — a flexi-cap scheme with a quant-led strategy — on Friday, July 18. The new fund offer (NFO) of the flexi-cap scheme will close on July 28. The fund is an open-ended dynamic equity scheme investing across large-cap, mid-cap and small-cap stocks. The mutual fund is an actively managed, market-cap agnostic equity scheme with a systematic, quantitative investment approach, the Capitalmind Mutual Fund said in a press release. Explaining the rationale behind the stock picking, the mutual fund house said its flexi-cap fund uses a multi-factor approach with momentum at its core, dynamically allocating across stocks from different market capitalisation, with built-in risk management and hedging flexibility. "A key attribute of the Capitalmind Flexi Cap Fund is its design to eliminate behavioural biases and reduce discretionary decision-making in equity allocation. The strategy is rooted in data-led discipline but remains flexible in its execution depending on market cycles. The strategy will also incorporate hedging techniques where necessary to manage downside risk," the release added. The scheme is benchmarked against the Nifty 500 Total Return Index (TRI) and is classified under the 'Very High Risk' category. The minimum initial investment during the NFO period is ₹ 5,000 and in multiples of ₹ 1 thereafter. For Systematic Investment Plans (SIPs), the minimum is ₹ 1,000 per instalment with a minimum of six instalments. Investors can also switch into the scheme with a minimum of ₹ 1,000. An exit load of 1% of applicable NAV applies to investments that are less than one year. The fund is available in the growth option, both Regular and Direct modes. Capitalmind Flexi-Cap Fund will allocate at least 65% to equity and equity-related instruments, and up to 35% in debt securities and money market instruments, with a provision to invest up to 10% in REITs and INVITs. "While the primary allocation will remain in equities, the dynamic nature of the strategy ensures flexibility to reposition during adverse market cycles or volatility spikes using predefined hedging rules," the company said. Deepak Shenoy, CEO, Capitalmind Mutual Fund said, 'Over years of in-house research and real-time execution at CFSL in portfolio management, Capitalmind has developed a proprietary framework that adapts to market momentum, adjusts when that momentum shifts, and applies multi-factor rules to mitigate risk during volatile or uncertain phases'. He further added, 'The Capitalmind Flexi Cap Fund is designed around a rule-based, quantitative approach that minimizes bias and emotion in portfolio construction. Rather than relying on forecasting or market narratives, the strategy uses data-driven factors to guide investments across the full spectrum of market capitalizations; large, mid, and small-cap stocks.' Disclaimer: This story is for educational purposes only. The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Economic Times
6 days ago
- Business
- Economic Times
NFO Insight: Capitalmind Mutual Fund's flexi cap fund opens for subscription. Will it help to manage current market volatility?
Capitalmind Mutual Fund has launched its Flexi Cap Fund, an open-ended dynamic equity scheme investing across market caps, closing on July 28. Deepak Shenoy owned Capitalmind Mutual Fund's latest new fund offer of Capitalmind Flexi Cap Fund is open for subscription and will close on July 28. The fund is an open-ended dynamic equity scheme investing across large cap, mid cap and small cap stocks. The investment objective of this flexi cap fund is to generate long-term capital appreciation by investing predominantly in equity and equity related instruments across market capitalization i.e. large-cap, mid-cap and small-cap stocks. Capitalmind Flexi Cap Fund is benchmarked against NIFTY 500 TRI and will be managed by Anoop Vijaykumar. The fund will offer regular and direct plans both with growth options only. Also Read | Confused between gold and silver? Why not leave it for fund manager to decide We employ a rule-based active approach using proprietary rule sets developed through an analysis of market, macroeconomic, and fundamental factors. 'Our equity allocation decisions are data-driven, based on objective market variables, including but not limited to macroeconomic variables, current equity market valuations and interest rates. Final investment decisions will be taken by the Fund Manager(s) based on the data referenced above, but may also be based on specific subjective analysis of underlying securities,' the fund house said in the draft document of this fund. Stock selection and weighting utilize quantitative factor-based methodologies designed to achieve a balanced mix of attributes that support long-term performance within defined risk parameters. A factor represents any quantifiable attribute that significantly explains the risk and/or return characteristics of a security. The Scheme may employ single factors or combinations to enhance diversification and risk control. For each purchase of units through lumpsum / switch-in / Systematic Investment Plan (SIP), Systematic Transfer Plan (STP), exit load on redemption / Systematic Withdrawal Plan (SWP) / Switch-out, is: (i) If units redeemed or switched out within 12 months from the date of allotment – 1% of the applicable NAV (ii) If redeemed/switched out after 12 months from the date of allotment, the exit load will be minimum application amount for lumpsum investment is Rs 5,000 and in multiples of Re 1 thereafter. For SIP, the minimum amount is Rs 1,000 and in multiples of Re 1 thereafter with a minimum of 6 typically ask investors to avoid investing in NFOs unless they offer something unique. The uniqueness could be that the scheme is offering an investment option that is not available in the market or offering something extra to an existing option. Otherwise, the experts believe investors are better off with an existing scheme with a long performance record. This is because you have some historical data to base your investment decision. You don't have any data when it comes to new expert while sharing the funds approach for stock selection added that the AMC is a new entrant in the mutual fund industry and the fund doesn't hold any past performance record so choosing from an existing flexi cap fund may be a more prudent approach. Also Read | Stocks, FD or Mutual Funds? Radhika Gupta shares 3 basics to smart investing 'Capitalmind is a new entrant in the mutual fund space, with no existing track record of managing public mutual funds. Since this is a New Fund Offer (NFO), there is no past performance data available, making it difficult to assess the fund's potential risk or return,' Chirag Muni, Executive Director at Anand Rathi Wealth Limited shared this with to the draft document filed with the market regulator by the fund house, the scheme is suitable for investors who are seeking - long term wealth creation and investment predominantly in equity and equity related instruments across large cap, mid cap and small cap fund will allocate 65-100% in equity and equity related instruments of large cap, mid cap and small cap companies, 0-35% in debt securities and money market instruments (including cash & cash equivalents), 0-10% in units issued by REITs and INVITs, and 0-5% in units of mutual fund an analysis of the latest market capitalisation of 40 flexi cap funds currently available for continuous sale and repurchase, 37 funds are inclined towards large cap, two are inclined towards mid cap and one is inclined towards small the current volatile market, Chirag firmly says that this is a reasonably good time to consider flexi cap funds, especially for those seeking long-term growth with the potential for alpha generation but it is important to remember that flexi cap funds should not be the only equity allocation in the they are marketed as flexible across market caps, many Flexi Cap funds tend to have a strong bias towards large-cap stocks. Hence, a better approach would be to build a diversified equity portfolio that includes large, mid, and small-cap funds, ensuring a balanced exposure across the market spectrum,' he expert recommends investors to invest in flexi cap funds through SIP as this will allow investors to average out entry points during market volatility. 'SIPs help reduce timing risk and build long-term exposure systematically. While valuations in parts of the market may look stretched, delaying investment completely may lead to missed opportunities. For those concerned about near-term consolidation, continuing or starting an SIP remains a prudent route,' Sagar Shinde, VP Research at Fisdom told of 40 flexi cap funds currently available, 29 funds have a track record of three years in the market. Out of these 29 funds, Motilal Oswal Flexi Cap Fund offered the highest return of 27.32% in the last three years, followed by JM Flexicap Fund which gave 26.74% return in the same period. Parag Parikh Flexi Cap Fund, the largest active fund and flexi cap fund based on assets managed, has offered 23.71% return in the last three years. Samco Flexi Cap Fund gave the lowest return of 7.64% in the last three years. Also Read | Investors pump over Rs 30,000 crore in flexi-cap mutual funds in H1 CY2025. Is all-cap exposure a new favourite? Flexi cap mutual funds have continued to dominate investors' preference by receiving the highest inflows among all equity mutual fund categories in the first half of the current calendar year. In the first half of the current calendar year, the flexi cap funds have received an inflow of Rs 31,532 crore, according to the last data declared by Association of Mutual Funds in India (AMFI). Since March 2025, these funds have continued to receive the highest inflows among all equity mutual fund categories and in the last six months, flexi cap funds have received the highest inflow in May of Rs 5,733.16 crore, the AMFI data at the past performance and the inflow trend, according to Shinde, the outlook for flexi cap funds remains constructive and given their mandate to shift between market caps, they are well-positioned to benefit from sectoral and cyclical shifts.'As markets evolve and valuation gaps emerge across segments, skilled fund managers can take advantage of these opportunities. However, performance will depend on the manager's ability to read market signals and rebalance effectively. Over the medium to long term, flexi cap funds should continue to deliver competitive returns, especially for investors seeking diversification and active management,' he mentioning that flexi cap funds are designed to offer the advantage of diversification and active management and by allowing fund managers the freedom to shift allocations across large, mid, and small-cap stocks, these funds aim to deliver better risk-adjusted returns, the expert from Anand Rathi Wealth said that according to their earnings estimates, the Nifty 50 is expected to deliver an EPS growth of around 10% for FY26. 'We expect this earnings to be reflected in price appreciation as well. Given this, we can expect flexi cap funds to deliver returns in the range of 13–15% over the coming year. Investors can consider investing in flexi cap funds, however, that should not be the sole equity component in your portfolio as they are largely tilted towards large cap stocks which can limit diversification,' Chirag to the Sebi mandate, flexi cap funds should have a minimum investment in equity and equity related instruments of around 65% of total assets and these are open ended dynamic equity schemes investing across large cap, mid cap, small cap cap mutual funds offer the fund managers the freedom to invest across market capitalisations and sectors/themes. It means the fund managers can invest anywhere based on his outlook on the cap schemes are typically recommended to moderate investors to create wealth over a long period of time. Ideally, one should invest in these schemes with an investment horizon of five to seven years. If you are looking for recommendations, see: Best flexi cap mutual funds to invest in July 2025 (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times) If you have any mutual fund queries, message on ET Mutual Funds on Facebook/Twitter. We will get it answered by our panel of experts. Do share your questions on ETMFqueries@ alongwith your age, risk profile, and Twitter handle.
Time of India
6 days ago
- Business
- Time of India
NFO Insight: Capitalmind Mutual Fund's flexi cap fund opens for subscription. Will it help to manage current market volatility?
Deepak Shenoy owned Capitalmind Mutual Fund 's latest new fund offer of Capitalmind Flexi Cap Fund is open for subscription and will close on July 28. The fund is an open-ended dynamic equity scheme investing across large cap, mid cap and small cap stocks. The investment objective of this flexi cap fund is to generate long-term capital appreciation by investing predominantly in equity and equity related instruments across market capitalization i.e. large-cap, mid-cap and small-cap stocks. Explore courses from Top Institutes in Select a Course Category PGDM Management Others Project Management Digital Marketing Product Management Healthcare Degree healthcare Operations Management Public Policy Leadership others Data Science CXO Technology Finance Data Science MBA Cybersecurity MCA Skills you'll gain: Financial Analysis & Decision Making Quantitative & Analytical Skills Organizational Management & Leadership Innovation & Entrepreneurship Duration: 24 Months IMI Delhi Post Graduate Diploma in Management (Online) Starts on Sep 1, 2024 Get Details Capitalmind Flexi Cap Fund is benchmarked against NIFTY 500 TRI and will be managed by Anoop Vijaykumar. The fund will offer regular and direct plans both with growth options only. Best MF to invest Looking for the best mutual funds to invest? Here are our recommendations. View Details » by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Villas Prices In Dubai Might Be More Affordable Than You Think Villas In Dubai | Search Ads Get Quote Undo Also Read | Confused between gold and silver? Why not leave it for fund manager to decide Fund house comment on new launch We employ a rule-based active approach using proprietary rule sets developed through an analysis of market, macroeconomic, and fundamental factors. Live Events 'Our equity allocation decisions are data-driven, based on objective market variables, including but not limited to macroeconomic variables, current equity market valuations and interest rates. Final investment decisions will be taken by the Fund Manager(s) based on the data referenced above, but may also be based on specific subjective analysis of underlying securities,' the fund house said in the draft document of this fund. Stock selection strategy Stock selection and weighting utilize quantitative factor-based methodologies designed to achieve a balanced mix of attributes that support long-term performance within defined risk parameters. A factor represents any quantifiable attribute that significantly explains the risk and/or return characteristics of a security. The Scheme may employ single factors or combinations to enhance diversification and risk control. For each purchase of units through lumpsum / switch-in / Systematic Investment Plan (SIP), Systematic Transfer Plan (STP), exit load on redemption / Systematic Withdrawal Plan (SWP) / Switch-out, is: (i) If units redeemed or switched out within 12 months from the date of allotment – 1% of the applicable NAV (ii) If redeemed/switched out after 12 months from the date of allotment, the exit load will be nil. The minimum application amount for lumpsum investment is Rs 5,000 and in multiples of Re 1 thereafter. For SIP, the minimum amount is Rs 1,000 and in multiples of Re 1 thereafter with a minimum of 6 instalments. What analysts say about this new flexi cap fund Experts typically ask investors to avoid investing in NFOs unless they offer something unique. The uniqueness could be that the scheme is offering an investment option that is not available in the market or offering something extra to an existing option. Otherwise, the experts believe investors are better off with an existing scheme with a long performance record. This is because you have some historical data to base your investment decision. You don't have any data when it comes to new offerings. An expert while sharing the funds approach for stock selection added that the AMC is a new entrant in the mutual fund industry and the fund doesn't hold any past performance record so choosing from an existing flexi cap fund may be a more prudent approach. Also Read | Stocks, FD or Mutual Funds? Radhika Gupta shares 3 basics to smart investing 'Capitalmind is a new entrant in the mutual fund space, with no existing track record of managing public mutual funds . Since this is a New Fund Offer (NFO), there is no past performance data available, making it difficult to assess the fund's potential risk or return,' Chirag Muni, Executive Director at Anand Rathi Wealth Limited shared this with ETMutualFunds. According to the draft document filed with the market regulator by the fund house, the scheme is suitable for investors who are seeking - long term wealth creation and investment predominantly in equity and equity related instruments across large cap, mid cap and small cap stocks. The fund will allocate 65-100% in equity and equity related instruments of large cap, mid cap and small cap companies, 0-35% in debt securities and money market instruments (including cash & cash equivalents), 0-10% in units issued by REITs and INVITs, and 0-5% in units of mutual fund scheme. In an analysis of the latest market capitalisation of 40 flexi cap funds currently available for continuous sale and repurchase, 37 funds are inclined towards large cap, two are inclined towards mid cap and one is inclined towards small cap. In the current volatile market, Chirag firmly says that this is a reasonably good time to consider flexi cap funds, especially for those seeking long-term growth with the potential for alpha generation but it is important to remember that flexi cap funds should not be the only equity allocation in the portfolio. While they are marketed as flexible across market caps, many Flexi Cap funds tend to have a strong bias towards large-cap stocks. Hence, a better approach would be to build a diversified equity portfolio that includes large, mid, and small-cap funds, ensuring a balanced exposure across the market spectrum,' he added. Another expert recommends investors to invest in flexi cap funds through SIP as this will allow investors to average out entry points during market volatility. 'SIPs help reduce timing risk and build long-term exposure systematically. While valuations in parts of the market may look stretched, delaying investment completely may lead to missed opportunities. For those concerned about near-term consolidation, continuing or starting an SIP remains a prudent route,' Sagar Shinde, VP Research at Fisdom told ETMutualFunds. Other funds in the flexi cap basket Out of 40 flexi cap funds currently available, 29 funds have a track record of three years in the market. Out of these 29 funds, Motilal Oswal Flexi Cap Fund offered the highest return of 27.32% in the last three years, followed by JM Flexicap Fund which gave 26.74% return in the same period. Parag Parikh Flexi Cap Fund, the largest active fund and flexi cap fund based on assets managed, has offered 23.71% return in the last three years. Samco Flexi Cap Fund gave the lowest return of 7.64% in the last three years. Also Read | Investors pump over Rs 30,000 crore in flexi-cap mutual funds in H1 CY2025. Is all-cap exposure a new favourite? Flexi cap mutual funds have continued to dominate investors' preference by receiving the highest inflows among all equity mutual fund categories in the first half of the current calendar year. In the first half of the current calendar year, the flexi cap funds have received an inflow of Rs 31,532 crore, according to the last data declared by Association of Mutual Funds in India (AMFI). Since March 2025, these funds have continued to receive the highest inflows among all equity mutual fund categories and in the last six months, flexi cap funds have received the highest inflow in May of Rs 5,733.16 crore, the AMFI data said. Way ahead for flexi cap mutual funds Looking at the past performance and the inflow trend, according to Shinde, the outlook for flexi cap funds remains constructive and given their mandate to shift between market caps, they are well-positioned to benefit from sectoral and cyclical shifts. 'As markets evolve and valuation gaps emerge across segments, skilled fund managers can take advantage of these opportunities. However, performance will depend on the manager's ability to read market signals and rebalance effectively. Over the medium to long term, flexi cap funds should continue to deliver competitive returns, especially for investors seeking diversification and active management,' he added. While mentioning that flexi cap funds are designed to offer the advantage of diversification and active management and by allowing fund managers the freedom to shift allocations across large, mid, and small-cap stocks, these funds aim to deliver better risk-adjusted returns, the expert from Anand Rathi Wealth said that according to their earnings estimates, the Nifty 50 is expected to deliver an EPS growth of around 10% for FY26. 'We expect this earnings to be reflected in price appreciation as well. Given this, we can expect flexi cap funds to deliver returns in the range of 13–15% over the coming year. Investors can consider investing in flexi cap funds, however, that should not be the sole equity component in your portfolio as they are largely tilted towards large cap stocks which can limit diversification,' Chirag said. What are flexi cap mutual funds? According to the Sebi mandate, flexi cap funds should have a minimum investment in equity and equity related instruments of around 65% of total assets and these are open ended dynamic equity schemes investing across large cap, mid cap, small cap stocks. Flexi cap mutual funds offer the fund managers the freedom to invest across market capitalisations and sectors/themes. It means the fund managers can invest anywhere based on his outlook on the market. Flexi cap schemes are typically recommended to moderate investors to create wealth over a long period of time. Ideally, one should invest in these schemes with an investment horizon of five to seven years. If you are looking for recommendations, see: Best flexi cap mutual funds to invest in July 2025 ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times) If you have any mutual fund queries, message on ET Mutual Funds on Facebook/Twitter. We will get it answered by our panel of experts. Do share your questions on ETMFqueries@ alongwith your age, risk profile, and Twitter handle.
Time of India
03-07-2025
- Business
- Time of India
Sachin Shah on macro tailwinds that will boost Indian market, 3 sectors to bet on
Live Events You Might Also Like: What are the top compounding themes for the next three years? Dikshit Mittal answers You Might Also Like: Focus on undervalued sectors with long-term growth potential: Deepak Shenoy (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel , Executive Director and Fund Manager,, says despite geopolitical worries like India-Pakistan and Iran-Israel-US tensions, the Indian equity markets surged, delivering 10-12% gains in April-May-June. Regulator confidence stemming from controlled inflation, GDP growth, as well as RBI support boosted the market. Subdued oil prices, significantly below India's tolerance level, coupled with a favorable monsoon outlook, further fueled sector banking, auto and CRAMS/CDMO space are the areas Shah is betting on.: One of the best things is that the market always climbs the wall of worries and we have clearly witnessed that in the last three months. In May, we had India-Pakistan tensions, in June we had Iran-Israel-US tensions and in spite of all of this, if you see the quarter, at the indices level, Indian equity markets have delivered almost 10% to 12% gains in April, May, and June. I am sure company specific, smallcap indices have actually done even I have to think about what has actually played out, there are two or three very important things. One of the most important things in terms of our confidence from the regulators is for our inflation, for our GDP growth, and the support from the RBI policy and also support from the government side. Another very important factor which has always been a challenge for the Indian economy has been oil spite of the Middle East tensions, oil continues to remain significantly below $80 which is typically our tolerance level at India GDP or absorption capacity. It is a good 15-20% below that level. So, RBI support on the liquidity side, the interest rate scenario, and the oil prices remaining very subdued and on top of it, of course, the monsoon outlook – all of this seems to be playing out quite whatever challenges we have seen in the last two or three quarters as far as slowdown in consumption and slowdown in the GDP growth is concerned, hopefully that all will be taken care of and we will see a decent amount of revival with all the factors that are playing out right now in the next two to three quarters. So, the outlook being much more optimistic is giving buoyancy to the are two parts to your question. One is in terms of where the sectors are relatively undervalued and also, maybe not very undervalued but where the growth outlook seems to be very secular, much stronger as we move ahead over the next couple of years. So, from a valuation perspective, clearly what we like at this point in time is the private sector banking. We believe that some of the leaders are very reasonably priced and will be able to manage this pressure on the NIMs after this one or two quarters and they will again bounce back very strongly as far as the profitability and the bottom line growth is concerned.I do not think there is any challenge anyways as far as their deposit or credit growth is concerned and that will continue to do well. But maybe a couple of quarters here and there, in terms of profitability, but that should also be taken care of because the kind of the strong franchises that they have and the valuations are very reasonable over there, so that is definitely one of our top betting sectors at this point in within the auto space, although currently monthly numbers are somewhere between subdued to not so great, but thanks to the RBI policies and the liquidity coming back in the markets, we expect that sometime around the festival season, demand should come back very strongly. But over there, the more important thing is to play the premiumization story. It is not just a pure volume game, and so we will have to look at the value growth rather than just the volume growth there. Also not only value growth at the top line but value growth for profitability because typically the premiumization story gives better profitability. The EBITDA growth will be far better in some of the businesses out is another sector where we believe risk-reward is favourable although near-term, there may be a subdued kind of volume numbers. Other than that, it's the next two-three years kind of a secular story. The themes that we have been liking for the last three-four years. We believe it still has long legs. One is, of course, contract research and manufacturer, the CDMO space particularly in the pharma in the CRAMS and the CDMO space, some of the companies have tremendous tailwind whether it is China plus one, whether it is Europe plus one. All of that seems to be now culminating into really strong order books and order inflows and execution will continue over the next 6, 8, 12 quarters and we can clearly see that with the kind of the capex that is happening at the ground level for some of those companies. That is a very big secular thing that should continue for at least the next two, three, five years. The other one is also in terms of the manufacturing sector companies which are focused on both the domestic and the export side. These are some of the themes that we are quite positive way to look at it is that this tariff is a relative game because the tariff is not only for India, but it is also going to be for multiple countries and at least in the first round of tariffs that we saw, clearly India was much better positioned. Of course, after that a lot of negotiations continued to happen and I am sure things will get better the more important thing to focus on is what is the value proposition that our companies offer to the customers, particularly in the US or the European markets, and if we are really giving them a great value proposition? For example, whether it is textiles, electronics manufacturing, or engineering, and within that hardcore engineering or some of the power equipment and then the auto and auto ancillary and contract research and manufacturing and specialty chemicals?At least in these six or seven industries, Indian corporates have demonstrated that they have the domain expertise and they can deliver the scale to meet the global demand and they respect intellectual property rights. So, we have earned the right to win there and clearly over there, with the value proposition that our companies have, the tariff if at all, will be a pass through to the customers over there because these businesses are not making some crazy kind of ROCEs or ROIs where they can absorb is going to be a mutual understanding between the end customer and the Indian manufacturer how to manage this. But because we have a strong value proposition relative to any other competitive countries, at least the six-seven industries have a very strong outlook for the next three to five years.
Time of India
20-06-2025
- Business
- Time of India
Post-Covid surge in MF AUM share reflects structural change in financial intermediation: Uday Kotak
The post-Covid mutual fund share—mainly in equities—has doubled to 31% of bank deposits, reflecting a structural change in financial intermediation , said Uday Kotak , Founder & Director of Kotak Mahindra Bank , on a social media platform. He also noted that India's savers have become investors, signalling a shift in how people manage their money. The traditional image of Indian households parking most of their wealth in fixed deposits is steadily evolving. Also Read | Up 29% in 5 months! Should you invest or avoid gold mutual funds? Best MF to invest Looking for the best mutual funds to invest? Here are our recommendations. View Details » by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like If You Eat Ginger Everyday for 1 Month This is What Happens Tips and Tricks Undo Uday Kotak posted on social media platform X, 'India's saver turns investor. Post-Covid, mutual fund AUM share—mainly equity—has doubled to 31% of bank deposits. Reflects structural change in financial intermediation. It grows domestic risk capital and creates an equity culture. But let's be alert about excessive exuberance.' India's saver turns investor. Post Covid, mutual fund AUM share, mainly equity,has doubled to 31% of bank deposits. Reflects structural change in financial intermediation. It grows domestic risk capital and creates an equity culture. But let's be alert about excessive exuberance. — Uday Kotak (@udaykotak) June 20, 2025 He posted an image stating that mutual fund assets are now nearly a third of bank deposits, accompanied by data from FY15 to FY25, including the latest available reading for May. In FY15, mutual fund AUM as a proportion of bank deposits stood at 13%, which has risen to 29% in FY25. Live Events The data showed temporary declines in FY20 and FY23. In FY20, the ratio dropped to 16% from 20% in FY19, while in FY23, it dipped to 22% from 23% in FY22. The most recent data point from May 2025 shows the ratio at 31%. According to Uday Kotak, this surge contributes to the growth of domestic risk capital and fosters an equity investment culture. Also Read | Deepak Shenoy's Capitalmind Mutual Fund files its first draft document with Sebi for a flexi cap fund This trend helps build domestic risk capital, reduces dependence on foreign money, and strengthens the long-term depth and resilience of our capital markets. Yet, one must remain mindful of excessive exuberance.
