The sectoral/thematic category received the second highest inflows of around Rs 30,840.79 crore in 2023. The category offered an average return of 29.89% in 2023.
The mid cap category received total inflows of Rs 22,913.03 crore in 2023. The mid cap category ranked second on the return chart and offered an average return of 37.04% in 2023. The multicap category witnessed total inflows of Rs 20,145.69 crore.
The large & mid cap category saw total inflows of Rs 18,885.04 crore in 2023. The category offered an average return of 29.97% in 2023.Value/contra fund category witnessed total inflows of Rs 11,927.50 crore in 2023. The category offered an average return of around 34.32% in 2023.The flexi cap category received total inflows of Rs 11,617.95 crore in 2023. The category offered an average return of around 28.28% in 2023.The dividend yield fund category received a total inflow of Rs 6,438.14 crore. The dividend yield fund category gave an average return of 35.99% in 2023.
The ELSS category received a total inflow of Rs 3,459.96 crore. The category witnessed the outflows for five consecutive months between May to September. The ELSS category in 2023 offered an average return of around 27.88%
Two equity categories witnessed outflows in 2023. Focused fund category witnessed total outflow of Rs 2,717.91 crore. In 2023, the category witnessed outflows for five consecutive months between April to August. The focused fund category witnessed the highest outflow in July of around Rs 1,066.72 crore. The focused fund category gave an average return of around 26.12% in 2023.
Large cap category witnessed an outflow of Rs 2,968.13 crore. The category witnessed the highest outflow of Rs 2,049.61 crore in June. The category witnessed outflows for five consecutive months between May to September. The category offered an average return of 23.93% in 2023.
Note, the above exercise is not a recommendation. The exercise was done to find out which equity categories witnessed inflows and outflows in 2023. One should not make investment or redemption decisions based on the above exercise.
