Top Stocks Bought and Sold By Mutual Funds
Top equities that Mutual Funds recently acquired and sold in terms of an increase or reduction in the total number of shares they held. This demonstrates Mutual Funds' entire purchasing and selling interest in the firm. Additionally, it suggests if fund houses are still optimistic about the stock or not and if they are interested in the firm.
In this blog, we will closely examine the top stocks bought and sold by Mutual Funds as of February 2023. So, read on to know more about the same!
Large Cap
-
Most Bought
Top stocks Most Bought by Large-Cap Mutual Funds-
|
Company |
M-Cap |
MF Holdings (latest qtr. %) |
MF Previous (latest qtr. %) |
Change in MF Holdings |
|
835.27 Billion INR |
14.4% |
11.0% |
3.4% |
|
|
608.14 Billion INR |
10.2% |
8.8% |
1.4% |
|
|
1.30 Trillion INR |
6.0% |
4.7% |
1.3% |
|
|
500.65 Billion INR |
2.2% |
1.1% |
1.1% |
|
|
507.90 Billion INR |
8.9% |
7.8% |
1.1% |
(Data as of 02 February 2023)
-
Most Sold
Top stocks Most Sold by Large-Cap Mutual Funds-
|
Company |
M-Cap |
MF Holdings (latest qtr. %) |
MF Previous (latest qtr. %) |
Change in MF Holdings |
|
527.13 Billion INR |
10.4% |
12.7% |
-2.3% |
|
|
724.20 Billion INR |
10.9% |
12.8% |
-1.9% |
|
|
600.78 Billion INR |
6.6% |
8.0% |
-1.4% |
|
|
636.81 Billion INR |
17.1% |
18.5% |
-1.4% |
|
|
3.11 Trillion INR |
9.0% |
10.0% |
-1.0% |
(Data as of 02 February 2023)
Mid-Cap
-
Most Bought
Top stocks Most Bought by Mid-Cap Mutual Funds-
|
Company |
M-Cap |
MF Holdings (latest qtr. %) |
MF Previous (latest qtr. %) |
Change in MF Holdings |
|
213.57 Billion INR |
26.8% |
22.3% |
4.5% |
|
|
247.76 Billion INR |
32.3% |
28.1% |
4.2% |
|
|
222.86 Billion INR |
11.1% |
7.0% |
4.1% |
|
|
170.92 Billion INR |
21.3% |
19.5% |
1.8% |
|
|
246.04 Billion INR |
10.4% |
8.7% |
1.7% |
(Data as of 02 February 2023)
-
Most Sold
Top stocks Most Sold by Mid-Cap Mutual Funds-
|
Company |
M-Cap |
MF Holdings (latest qtr. %) |
MF Previous (latest qtr. %) |
Change in MF Holdings |
|
160.22 Billion INR |
16.7% |
19.1% |
-2.5% |
|
|
451.54 Billion INR |
21.5% |
23.6% |
-2.1% |
|
|
282.06 Billion INR |
32.8% |
34.8% |
-2.0% |
|
|
240.41 Billion INR |
7.5% |
9.0% |
-1.5% |
|
|
417.23 Billion INR |
11.6% |
13.0% |
-1.4% |
(Data as of 02 February 2023)
Small-Cap
-
Most Bought
Top stocks Most Bought by Small-Cap Mutual Funds-
|
Company |
M-Cap |
MF Holdings (latest qtr. %) |
MF Previous (latest qtr. %) |
Change in MF Holdings |
|
75.48 Billion INR |
18.2% |
9.8% |
8.4% |
|
|
37.86 Billion INR |
13.4% |
7.1% |
6.3% |
|
|
93.45 Billion INR |
14.5% |
8.9% |
5.6% |
|
|
45.83 Billion INR |
19.1% |
13.8% |
5.3% |
|
|
72.41 Billion INR |
8.1% |
3.5% |
4.6% |
(Data as of 02 February 2023)
-
Most Sold
Top stocks Most Sold by Small-Cap Mutual Funds-
|
Company |
M-Cap |
MF Holdings (latest qtr. %) |
MF Previous (latest qtr. %) |
Change in MF Holdings |
|
5.54 Billion INR |
0.0% |
4.9% |
-4.9% |
|
|
- |
0.0% |
3.4% |
-3.4% |
|
|
65.04 Billion INR |
5.9% |
9.0% |
-3.1% |
|
|
4.27 Billion INR |
0.0% |
3.1% |
-3.1% |
|
|
20.15 Billion INR |
3.5% |
6.4% |
-2.9% |
(Data as of 02 February 2023)
Why Does a Fund Manager Buy or Sell a Stock?
In order to achieve the investment objectives of the fund manager takes strategic calls of buying and selling stocks across sectors to maximize gains based on the category the fund belongs to.
However, it is essential to note that just because a fund manager decides to buy or sell a particular stock does not mean you must imitate the same movement for your stock portfolio. Likewise, aLikewise, a mutual fund manager buying or selling a stock does not necessarily indicate it is a good or bad.
The information presented above is to update the reader on the happenings of the mutual fund industry so that you remain informed as an investor.
It is always important to carry out your independent research on stocks and mutual funds and invest in alignment with your goals.
How are Large-Cap, Mid-Cap, and Small-Cap Companies Classified?
They are classified based on their market cap. Market capitalization is the aggregate valuation of a company based on its current share price and the total number of outstanding stocks.
It is calculated by multiplying the number of outstanding shares and the closing market price of each company share.
A report of which stocks belongs to which market capitalization category is released every quarter by the Association of Mutual Funds in India (AMFI).
To know more, you can refer to AMFI’s website here: AMFI categorization.
Happy Investing!
Disclaimer: The data presented in the tables above has been taken from Equity Master. The data may vary from source to source. Readers are advised to carry out thorough research, refer to various sources, and invest in alignment with their goals.
To read the RA disclaimer, please click here.