Assets from B15 locations have increased from Rs.3.09 lakh cr. in March 2017 to Rs.4.27 lakh cr. in March 2018. The rate of growth in assets for B15 locations was 38% (22.2% for the industry as a whole during the same period).
About 28% of assets held by individual investors is from the B15 locations. About 9% of institutional assets come from B15 locations. Institutional assets are concentrated in T15 locations, accounting for 91% of the total.
The proportion of direct investments in equity, to the total assets held by individual investors, was about 7% in March 2018.
• • •
Missing some Tweet in this thread? You can try to
force a refresh
#Retail Inflows continue to be strong but Sebi categorization of Stocks > 33k cr Mkt cap being considered Midcap has led to over-ownership and overvaluation in the Top Midcap & Smallcap ( > 20k cr )
Data from Monarch AIF Note.
1) Price CAGR >> Earnings CAGR
Nifty50 and Nifty500 have moved inline with earnings cagr.
NiftyMidcap 100 has seen max re-rating. A price cagr of 27.3% against 11.7% earnings.
2) Concentrated Flows
Mid + Small + Thematic = 55-60% share of MF pure equity net inflows in CY23 and CY24