In October, investments into mutual funds through monthly systematic investment plans (SIPs) exceeded Rs 25,000 crore for the first time. This reflects a strong interest from retail investors.

Equity mutual funds received inflows of over Rs 41,500 crore last month, following a period of market correction. As a result, fund managers are gradually investing the cash into the market.

A report from Motilal Oswal Financial Services reveals significant changes in sector allocations during October. The weights of banks, capital goods, healthcare, technology, and cement sectors increased, while allocations to oil and gas, consumer durables, automobiles, consumer goods, non-banking financial companies (NBFCs), utilities, retail, telecom, and metals decreased. This reallocation of sectors indicates a response to changing market dynamics and investor sentiment.