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HDFC AMC, Dabur and JSW Steel were the most bought largecap stocks by mutual funds in May. As a result, the mutual fund holdings in HDFC AMC almost doubled to Rs. 695 crore at the end of May from Rs. 364 crore a month ago, shows an ICICI Direct report.
Similarly, mutual funds were holding Rs. 2,454 crore worth of Dabur India stocks at the end of May, higher than Rs. 2,275 crore holding a month ago.
The largecap stocks that fell out of favour with mutual funds were SAIL, IRCTC and Piramal Enterprises. The valuation of mutual fund holdings in SAIL dropped from Rs. 1,609 crore to Rs. 698 crore at the end of April.
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Largecaps |
|
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Most bought |
Most sold |
|
HDFC AMC |
SAIL |
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Dabur India |
IRCTC |
|
JSW Steel |
Piramal Enterprises |
|
SBI Cards |
Zydus Lifesciences |
|
Bajaj Finserv |
JSW Energy |
|
Hindalco Industries |
IOC |
|
Jubilant FoodWorks |
Hindustan Zinc |
|
Tech Mahindra |
UPL |
|
ONGC |
Indus Towers |
|
Infosys |
Zomato |
Midcaps
L&T Financial Holdings, Escorts Kubota and Alkyl Amines Chemicals were the top three midcap buys. On the other side, ABSL AMC, Ruchi Soya Industries and Aditya Birla Capital saw the highest sell-off from mutual funds.
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Midcaps |
|
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L&T Finance Holdings |
Aditya Birla Sun Life AMC |
|
Escorts Kubota |
Ruchi Soya Industries |
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Alkyl Amines Chemicals |
Aditya Birla Capital |
|
Devyani International |
Varun Beverages |
|
Sundaram Finance |
Petronet LNG |
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Vodafone Idea |
Canara Bank |
|
Laurus Labs |
Jindal Steel & Power |
|
CG Power and Industrial Solutions |
Punjab National Bank |
|
Endurance Technologies |
ACC |
|
Navin Fluorine International |
Deepak Nitrite |
Smallcaps
The top three buys in the smallcap segment were Mirza International, Maharashtra Scooters and PCBL. The ones to be sold the most were Intellect Design Arena, Chennai Petroleum Corporation and Ashiana Housing.
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Smallcaps |
|
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Mirza International |
Intellect Design Arena |
|
Maharashtra Scooters |
Chennai Petroluem Corporation |
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PCBL |
Ashiana Housing |
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Tatva Chintan Pharma Chem |
The India Cements |
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RBL Bank |
Polyplex Corporation |
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JK Paper |
Indiabulls Real Estate |
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Insecticides (India) |
Mastek |
|
Route Mobile |
Caplin Point Laboratories |
|
Go Fashion (India) |
Amara Raja Batteries |
|
Nazara Technologies |
Jindal Stainless |
