Mr. Koushik Ketharam, Founder, Director
Intelli360 Asset Private Limited
The Indian Equity Market and Equity-Related Mutual Funds in 2024..!
The Indian equity market and equity-related mutual funds
experienced a roller-coaster ride in 2024. The markets reached new highs in the
first 7-8 months of the year, only to face a heavy correction in the last 3-4 months.
The NSE Nifty index hit an all-time high of 26,277.35 in September but then slipped into a correction phase, dropping by more than 10%. Despite this, the index ended the year with gains of 1,913.4 points, or 8.80%.
Top
5 Equity Funds Categories in 2024:
As shown in the chart, Pharma, Tech, Small Cap, and Mid
Cap stocks were standout performers in 2024.
Throughout the year, we specifically highlighted these winning sectors and dedicated in-depth articles to each. Looking ahead, the data and underlying reasons continue to favor these categories. We believe these sectors will maintain strong momentum into 2025.
Bottom
5 Equity Funds Categories in 2024:
Despite ranking among the bottom 5 categories, these
sectors still delivered respectable returns of over 12%.
The banking sector, however, was an exception, underperforming in 2024 due to various factors, including rising US interest rates and domestic inflation pressures. However, with the US announcing its first interest rate cut in December 2024, we anticipate 2-3 more cuts ahead. If the US continues on this path, there could be a possibility of the Reserve Bank of India (RBI) lowering rates as well.
This would likely improve the
operational efficiency of Indian banks and the financial system. Therefore,
banking could emerge as a good contrarian investment for 2025.
Intelli360 Asset Private Limited
AMFI Registered Mutual Fund Distributor
www.intelli360.in
assist@intelli360.in
F-124,
2nd Phase, 1 st Floor,Spencers Plaza, Anna Salai, Chennai – 600002.
Intelli360
Wealth, No-80/111/2, Ground floor, Dr.Moorthy Road, Near Naal Road,
Kumbakonam – 612 001.
Connect Office: 9840998847 , 9840046847
Disclaimer:
Mutual Fund investments are subject to market risks, read all scheme related
documents carefully. The NAVs of the schemes may go up or down depending upon
the factors and forces affecting the securities market including the
fluctuations in the interest rates. The past performance of the mutual funds is
not necessarily indicative of future performance of the schemes.
The Mutual Fund is not guaranteeing or assuring any
dividend under any of the schemes and the same is subject to the availability
and adequacy of distributable surplus. Investors are requested to review the
prospectus carefully and obtain expert professional advice with regard to
specific legal, tax and financial implications of the investment/participation
in the scheme.
Please refer the SEBI link at https://www.sebi.gov.in/filings/mutual-funds.html
to check the Scheme Offer Documents -SID / SAI /KIM
