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Mutual Funds Buying & Selling: In which stocks are mutual funds investing money, here is the complete list – News

Mutual Fund Strategy: After giving strong returns of 19 per cent in FY19, the stock market got stuck in volatility in the first month of the new financial year. In the month of April, the Nifty fell by 2.1 percent. Investors remained cautious due to the rate hike cycle, geopolitical tensions and fears of falling liquidity. FIIs also continued to sell. Due to this, investors should also be cautious about investing in equity mutual funds. Equity inflows declined from Rs 28,500 crore to Rs 15,900 crore on a monthly basis. SIP (11860 crore) was also down 3.8 per cent on a monthly basis, although it grew by 38 per cent on a year-on-year basis. At present, due to the changing trend of the market, mutual funds also changed their strategy. In this regard, brokerage house Motilal Oswal and ICICI Securities have released their report.

mutual fund changed strategy

According to the report of brokerage house Motilal Oswal, mutual funds have changed their strategy in April. Where in March he had shown confidence in capital goods, retail and NBFCs. At the same time, in the month of April, weightage has been increased on Oil & Gas, Automobile, Consumer, Private Bank, Utilities, Cement, Capital Goods and PSU Bank. While the weightage has been reduced on technology, NBFCs, metals and telecom.

The weightage in the Oil & Gas sector has increased for the second consecutive month and is at a 14-month high of 7.2 per cent. It has increased by 50bp on a monthly basis and 30bp on an annual basis. In terms of allocation, it has come to the fourth position on the sector. Talking about the auto sector, after staying at a low of 6.2 per cent for 6 months in March, now the weightage has increased to 6.5 per cent. At the same time, the weightage on technology sector is now 11.4% (-160bp MoM, +30bp YoY) in 11 months.

Increase in value in these shares on a monthly basis

Reliance Inds, ICICI Bank, NTPC, M&M, Bharat Electronics, SBI Cards, HUL, Bandhan bank, Max Healthcare and Gland Pharma are among the top 10 stocks in which mutual funds have gained the most on a monthly basis.

The value of these shares decreased on a monthly basis

On the other hand, the stocks which have lost the most on a monthly basis include Infosys, HDFC, Bajaj Finance, TCS, Tech Mahindra, HDFC Bank, Wipro, HCL Tech, L&T Infotech and Mphasis in the top 10.

(Source: Motilal Oswal)

Top 10 Largecaps to Buy

SBI Cards And Payment Services, Macrotech Developers, Gland Pharma, Steel Authority Of India, Hindalco Industries, IRCTC, Indian Oil Corporation, UPL, Siemens and Berger Paints India

Selling in these 10 largecaps

Vedanta, Tata Power Company, Indus Towers, HDFC Life Insurance, Zomato, Adani Ports and Special Economic Zone, Godrej Consumer Products, Tata Consumer Products, Adani Enterprises and Marico Ltd.

(Source: ICICI Securities)

These midcaps are the best sellers

L&T Finance Holdings, Vodafone Idea, Bandhan Bank, Shriram Transport Finance Company, Zee Entertainment Enterprises, Canara Bank, Ruchi Soya Industries, TVS Motor Company, Nippon Life India Asset Management, LIC Housing Finance

These midcaps are the best sellers

Escorts, Aditya Birla Sun Life AMC, Syngene International, Godrej Industries, ICICI Securities, Indraprastha Gas, L&T Technology Services, GMR Infrastructure, Tata Elxsi, Dr. Lal Pathlabs

(Source: ICICI Securities)

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