A ratio greater than two indicates that buying inflows are twice as high as selling outflows, reflecting strong investor momentum. Among equity funds, the sector funds have maintained a buy-to-sell ratio of over three for the fourth consecutive month and have had a ratio greater than one for 15 consecutive months.
Sector/thematic NFOs reported a net inflow of ₹33,939 crore over the past three months, accounting for 30% of the total equity fund inflow. During the period, equity funds received a total inflow of ₹1,15,960 crore. In August, equity NFOs totalled an inflow of ₹10,202 crore with notable offers including the Motilal Oswal Manufacturing Fund, Motilal Oswal Business Cycle Fund, SBI Innovative Opportunities Fund, and Invesco India Manufacturing Fund.
On a year-to-date basis, sector funds have attracted ₹50,588 crore or 80% of the total NFO inflow of ₹63,394 crore. Sectoral funds have accounted for 30-47% of incremental equity portfolio additions since the beginning of the year. Their assets under management (AUM) reached ₹4.4 lakh crore at the end of August, the highest among all equity fund categories. These funds contributed 14.8% to the total equity fund AUM of ₹30.1 lakh crore. There are over 179 sector funds out of a total of 464 equity fund schemes, the highest number among all categories.