Equity markets continued their recovery from March lows and rose around 9% in July. However, investors in mutual funds reduced the inflows to equity funds and sought safer schemes such as high quality debt funds and gold funds.
To understand how MFs are dealing with these redemption pressure in equity funds, take a look at what went in and went out last month.
Large cap
In the large cap space, NMDC, Petronet LNG and Tata Consultancy Services were among the top picks for fund houses. Meanwhile, stocks of Vedanta, Punjab National Bank and DLF were sold the most by mutual funds.
|
Top 10 Buys in large cap |
Shares in lakh |
Change |
|
|
|
July |
Jun |
|
|
NMDC |
1240 |
1145 |
95 |
|
Petronet LNG |
1282 |
1191 |
91 |
|
Tata Consultancy Services |
1012 |
949 |
63 |
|
UPL |
399 |
345 |
54 |
|
JSW Steel |
626 |
572 |
54 |
|
SBI Cards And Payment Services |
262 |
244 |
18 |
|
Dr. Reddys Laboratories |
176 |
167 |
9 |
|
Nestle India |
46 |
44 |
2 |
|
Bajaj Finserv |
63 |
61 |
2 |
|
Piramal Enterprises |
15 |
13 |
2 |
|
Top 10 sells in large cap |
Shares in lakh |
Change |
|
|
July |
Jun |
||
|
Vedanta |
3737 |
4276 |
539 |
|
Punjab National Bank |
1620 |
1888 |
268 |
|
DLF |
303 |
407 |
104 |
|
Bharti Infratel |
407 |
491 |
84 |
|
Biocon |
490 |
564 |
74 |
|
Dabur India |
541 |
591 |
50 |
|
Siemens |
85 |
105 |
20 |
|
Bajaj Auto |
80 |
93 |
13 |
|
Hindustan Zinc |
140 |
153 |
13 |
|
Eicher Motors |
21 |
25 |
4 |
Mid cap
In the mid cap space, Yes Bank, Ashok Leyland and PI Industries were among the most sought after stocks. Meanwhile, stocks of Vodafone Idea, Mahindra & Mahindra Financial Services and Steel Authority of India were sold the most by mutual funds.
|
Top 10 Buys in mid cap |
Shares in lakh |
Change |
|
|
July |
Jun |
||
|
Yes Bank |
2009 |
249 |
1760 |
|
Ashok Leyland |
2821 |
2442 |
379 |
|
PI Industries |
323 |
255 |
68 |
|
Glenmark Pharmaceuticals |
93 |
66 |
27 |
|
Mindtree |
103 |
79 |
24 |
|
Minda Industries |
213 |
192 |
21 |
|
Mphasis |
144 |
128 |
16 |
|
PVR |
91 |
76 |
15 |
|
Metropolis Healthcare |
72 |
63 |
9 |
|
L&T Technology Services |
44 |
38 |
6 |
|
Top 10 sells in mid cap |
Shares in lakh |
Change |
|
|
July |
Jun |
||
|
Vodafone Idea |
4205 |
8402 |
4197 |
|
Mahindra & Mahindra Financial Services |
502 |
965 |
463 |
|
Steel Authority of India |
1037 |
1236 |
199 |
|
Future Retail |
122 |
195 |
73 |
|
Syngene International |
289 |
340 |
51 |
|
Adani Enterprises |
109 |
125 |
16 |
|
Alembic Pharmaceuticals |
80 |
94 |
14 |
|
Aavas Financiers |
28 |
35 |
7 |
|
Polycab India |
30 |
35 |
5 |
|
Indian Railway Catering & Tourism Corpn |
18 |
21 |
3 |
Small Cap
Stocks of Arvind Fashions, KRBL and Indiamart Intermesh witnessed the highest buying by MFs in small cap stocks. Meanwhile, stocks of NCC, Mangalore Refinery & Petrochemicals and Tejas Networks witnessed the highest selling.
|
Top 10 Buys in small cap |
Shares in lakh |
Change |
|
|
July |
Jun |
||
|
Arvind Fashions |
143 |
98 |
45 |
|
KRBL |
39 |
11 |
28 |
|
Indiamart Intermesh |
18 |
9 |
9 |
|
E.I.D. Parry (India) |
24 |
18 |
6 |
|
Suven Pharmaceuticals |
43 |
37 |
6 |
|
TeamLease Services |
21 |
17 |
4 |
|
Gulf Oil Lubricants India |
31 |
27 |
4 |
|
DCM Shriram |
24 |
21 |
3 |
|
Ceat |
30 |
27 |
3 |
|
Apex Frozen Foods |
22 |
20 |
2 |
|
Top 10 sells in small cap |
Shares in lakh |
Change |
|
|
July |
Jun |
||
|
NCC |
688 |
793 |
105 |
|
Mangalore Refinery & Petrochemicals |
379 |
436 |
57 |
|
Tejas Networks |
106 |
136 |
30 |
|
IRB Infrastructure Developers |
213 |
239 |
26 |
|
FDC |
56 |
79 |
23 |
|
eClerx Services |
63 |
80 |
17 |
|
Future Lifestyle Fashions |
76 |
92 |
16 |
|
Cochin Shipyard |
78 |
89 |
11 |
|
Laurus Labs |
51 |
56 |
5 |
|
Lakshmi Machine Works |
5 |
7 |
2 |
