Top Stocks Bought and Sold By Mutual Funds

23 February 2023
4 min read
Top Stocks Bought and Sold By Mutual Funds
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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

INDUSIND BANK

835.27 Billion INR

14.4%

11.0%

3.4%

APOLLO HOSPITALS ENTERPRISE

608.14 Billion INR

10.2%

8.8%

1.4%

LTI MINDTREE

1.30 Trillion INR

6.0%

4.7%

1.3%

UNION BANK OF INDIA

500.65 Billion INR

2.2%

1.1%

1.1%

SAMVARDHANA MOTHER-SON

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

TUBE INVESTMENTS OF INDIA

527.13 Billion INR

10.4%

12.7%

-2.3%

DR. REDDY’S LABORATORIES

724.20 Billion INR

10.9%

12.8%

-1.9%

ABB INDIA

600.78 Billion INR

6.6%

8.0%

-1.4%

CHOLAMANDALAM INVEST

636.81 Billion INR

17.1%

18.5%

-1.4%

HCL TECHNOLOGIES

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

ZEE ENTERTAINMENT ENTERPRISES

213.57 Billion INR

26.8%

22.3%

4.5%

MAX FINANCIAL SERVICES

247.76 Billion INR

32.3%

28.1%

4.2%

DELHIVERY

222.86 Billion INR

11.1%

7.0%

4.1%

KAJARIA CERAMICS

170.92 Billion INR

21.3%

19.5%

1.8%

TATA CHEMICALS

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

THE RAMCO CEMENT

160.22 Billion INR

16.7%

19.1%

-2.5%

INDIAN HOTELS COMPANY

451.54 Billion INR

21.5%

23.6%

-2.1%

FEDERAL BANK

282.06 Billion INR

32.8%

34.8%

-2.0%

AUROBINDO PHARMA

240.41 Billion INR

7.5%

9.0%

-1.5%

AU SMALL FINANCE BANK

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

SAPPHIRE FOODS INDIA

75.48 Billion INR

18.2%

9.8%

8.4%

RATEGAIN TRAVEL

37.86 Billion INR

13.4%

7.1%

6.3%

RBL BANK

93.45 Billion INR

14.5%

8.9%

5.6%

VRL LOGISTICS

45.83 Billion INR

19.1%

13.8%

5.3%

GMM PFAUDLER

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

EXXARO TILES

5.54 Billion INR

0.0%

4.9%

-4.9%

TINE AGRO

-

0.0%

3.4%

-3.4%

PRAJ INDUSTRIES

65.04 Billion INR

5.9%

9.0%

-3.1%

MUTHOOT CAPITAL SERVICES

4.27 Billion INR

0.0%

3.1%

-3.1%

FINO PAYMENTS BANK

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.

Disclaimer

The stocks mentioned in this article are not recommendations. Please conduct your own research and due diligence before investing. Investment in securities market are subject to market risks, read all the related documents carefully before investing. Please read the Risk Disclosure documents carefully before investing in Equity Shares, Derivatives, Mutual fund, and/or other instruments traded on the Stock Exchanges. As investments are subject to market risks and price fluctuation risk, there is no assurance or guarantee that the investment objectives shall be achieved. Groww Invest Tech Pvt. Ltd. (Formerly known as Nextbillion Technology Pvt. Ltd) Ltd. do not guarantee any assured returns on any investments. Past performance of securities/instruments is not indicative of their future performance.
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