The Great Indian Mutual Fund and FPI Tamasha

November was a month of drama, suspense, and comedy in the Indian stock market, as revealed in a report by Sharmaji Broking (formerly known as "Babaji Financials"). Here's a satirical breakdown of their findings, served hot with a side of laughs. SIP: The steady hero of middle-class India Monthly SIP contributions crossed Rs 25,300 crore for the second straight month. That's enough money to buy an IPL team, sponsor a Bollywood blockbuster, and still have cash left over for vada pav at CST station. Retail investors are clearly saying, "Chahe inflation aaye ya global meltdown, SIP toh karenge hi karenge!" In fact, SIP contributions for the first nine months of FY25 already hit 93 per cent of last year's total. As per Suresh Chamatkar, a self-proclaimed SIP evangelist, "This is proof that Indian middle-class investors have two eternal truths: chai in the morning and SIPs every month." Suggested read: What is 'long term' for SIP? FPIs: The Bollywood villains with a twist Foreign Portfolio Investors (FPIs) were the classic Bollywood villains this month - unpredictable, dramatic, and slightly misunderstood. They offloaded a jaw-dropping Rs 1,15,629 crore from the s

This article was originally published on December 11, 2024.