Although 2020 started on a positive note, February witnessed a sense of nervousness among investors as the positive cases of Coronavirus surged in India. The key indices lost nearly 4% in February.
Despite this, net inflows into equity funds increased in February 2020 to Rs.10,800 crore from Rs. 7,900 crore in January 2020.
Let’s look at how mutual funds dealt with the flows and all changes they made to their portfolio:
Large cap
In the large cap segment, energy and consumer products stocks were among the top picks. NMDC, Godrej Consumer, ONGC, DLF and Coal India witnessed highest buying during February 2020.
Large cap stocks, which saw selling by AMCs on a consolidated level were Bajaj Holdings, JSW Steel, Bandhan Bank, Petronet LNG, Muthoot Finance.
|
Top 10 Buys in Largecap |
Shares in Lakh |
|
|
|
|
Feb |
Jan |
Increase in number of shares |
|
NTPC |
19712 |
16943 |
2769 |
|
Oil & Natural Gas Corporation |
8851 |
6193 |
2658 |
|
Coal India |
5951 |
4291 |
1660 |
|
Power Grid Corporation Of India |
6048 |
4459 |
1589 |
|
NMDC |
1122 |
596 |
526 |
|
DLF |
427 |
306 |
121 |
|
Avenue Supermarts |
349 |
266 |
83 |
|
Godrej Consumer Products |
186 |
111 |
75 |
|
Havells India |
221 |
167 |
54 |
|
Eicher Motors |
19 |
17 |
2 |
|
Top 10 Sells in Large cap |
Shares in Lakh |
|
|
|
|
Feb |
Jan |
Decrease in number of shares |
|
Petronet LNG |
1118 |
1295 |
177 |
|
JSW Steel |
401 |
530 |
129 |
|
Bandhan Bank |
447 |
557 |
110 |
|
Tata Consultancy Services |
882 |
952 |
70 |
|
Muthoot Finance |
239 |
272 |
33 |
|
ACC |
232 |
250 |
18 |
|
Hindustan Zinc |
156 |
168 |
12 |
|
General Insurance Corporation of India |
124 |
135 |
11 |
|
Bajaj Holdings & Investment |
11 |
16 |
5 |
|
Piramal Enterprises |
14 |
16 |
2 |
Mid cap
On a consolidated basis, in midcaps, stocks like NHPC, Bharat Electronics, GMR Infrastructure and SJVN witnessed good buying by AMCs. Meanwhile, those which saw selling by AMCs were IRCTC, Shriram Transport Finance, Vodafone Idea, Tata Chemicals and Adani Enterprises.
|
Top 10 Buys in Midcap |
Shares in lakh |
|
|
|
|
Feb |
Jan |
Increase in number of shares |
|
NHPC |
5800 |
4085 |
1715 |
|
Bharat Electronics |
5952 |
4970 |
982 |
|
GMR Infrastructure |
1553 |
1035 |
518 |
|
SJVN |
1755 |
1359 |
396 |
|
Oil India |
692 |
429 |
263 |
|
Manappuram Finance |
563 |
393 |
170 |
|
Nippon Life India Asset Management |
220 |
178 |
42 |
|
Prestige Estate Projects |
109 |
94 |
15 |
|
Indiabulls Housing Finance |
33 |
21 |
12 |
|
IIFL Wealth Management |
8 |
1 |
7 |
|
Top 10 Sells in Midcap |
Shares in lakh |
|
|
|
|
Feb |
Jan |
Decrease in number of shares |
|
Vodafone Idea |
15315 |
17791 |
2476 |
|
Yes Bank |
1407 |
1558 |
151 |
|
Max Financial Services |
758 |
841 |
83 |
|
Tata Chemicals |
504 |
581 |
77 |
|
Indian Railway Catering & Tourism Corp |
38 |
75 |
37 |
|
Adani Enterprises |
203 |
227 |
24 |
|
Shriram Transport Finance Co |
32 |
51 |
19 |
|
Allahabad Bank |
147 |
162 |
15 |
|
Mindtree |
63 |
69 |
6 |
|
NIIT Technologies |
36 |
40 |
4 |
Small Cap
In the small cap space, stocks like Sudarshan Chemical, Tata Elxsi, NBCC, Rites and Indian Energy Exchange witnessed highest buying.
Meanwhile, small cap stocks, which saw selling by AMCs were India Cements, BASF, Gujarat Alkalis, Welspun India and APL Apollo Tubes.
|
Top 10 Buys in Small cap |
Shares in lakh |
|
|
|
|
Feb |
Jan |
Increase in number of shares |
|
NBCC (India) |
1039 |
657 |
382 |
|
Indian Energy Exchange |
324 |
231 |
93 |
|
Can Fin Homes |
136 |
101 |
35 |
|
Rites |
113 |
80 |
33 |
|
Capacite Infraprojects |
69 |
55 |
14 |
|
Sudarshan Chemical Industries |
13 |
3 |
10 |
|
Tata Elxsi |
12 |
5 |
7 |
|
Godfrey Phillips India |
9 |
7 |
2 |
|
Lakshmi Machine Works |
5 |
4 |
1 |
|
Indiamart Intermesh |
6 |
5 |
1 |
|
Top 10 Sells in Small cap |
Shares in lakh |
|
|
|
|
Feb |
Jan |
Decrease in number of shares |
|
NCC |
1228 |
1398 |
170 |
|
The India Cements |
200 |
330 |
130 |
|
Welspun India |
626 |
745 |
119 |
|
Sadbhav Engineering |
382 |
434 |
52 |
|
Rail Vikas Nigam |
364 |
402 |
38 |
|
Arvind |
261 |
288 |
27 |
|
GHCL |
130 |
142 |
12 |
|
Gujarat Alkalies & Chemicals |
34 |
41 |
7 |
|
APL Apollo Tubes |
24 |
28 |
4 |
|
BASF India |
7 |
9 |
2 |
