Equity mutual funds record inflow of over Rs 41000 crore in Oct
The move also marks the 44th consecutive month of net inflow in the equity-oriented funds, highlighting the ever-increasing appeal of mutual funds among investors.
India Inc saw resilient private equity (PE) investments amid elections as the month of May witnessed 145 deals worth $6.7 billion, a report showed on Thursday.
The key sectors like real estate, e-commerce, healthcare, and financial services saw a surge in investments, according to the report by Grant Thornton Bharat Dealtracker.
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“The surge in PE deal values, driven by investments in select sectors despite stable volumes, signals resilience in the market,” said Shanthi Vijetha, Partner, Growth at Grant Thornton Bharat.
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“The policy and reform direction of the new government will be pivotal in shaping the investment climate and driving future deal activity,” Vijetha added.
The mergers and acquisitions (M&A) landscape saw 38 deals at $1.1 billion. The top deal was Google’s investment in Flipkart for $350 million.
The PE landscape saw 99 deals and deal values surged by 49 per cent to $4 billion, the second-highest monthly deal value after January, driven by nine high-value deals exceeding $100 million each.
The top PE deal was Brookfield India Real Estate Trust’s substantial investment of $723 million in Bharti Enterprises.
In May, the IPO landscape saw significant activity, with five IPOs raising a total of $1.2 billion.
Additionally, the QIP (qualified institutional placement) landscape included three QIPs, which collectively raised $0.5 billion.
The retail sector topped in deal volumes, primarily due to two high-value e-commerce deals totalling $625 million, the report mentioned.
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