Mutual Funds October update - See which stocks tops funds invested in and exited
Zee Business Kushal Gupta brings the trend that was seen among the top Mutual Funds while putting money in specific stocks. His analysis is based on the trends observed by five fund houses viz SBI MF,.ICICI MF, HDFC MF, Nippon India and UTI MF
The Average Net Asset Under Management for October 2021 stood at Rs 14.89 lakh crores as per the data released by Association of Mutual Funds in India (AMFI) with net inflow for the reporting month at Rs 12,984.38 cr. Zee Business' Kushal Gupta brings the trend that was seen among the top Mutual Funds while putting money in specific stocks. His analysis is based on the trends observed by five fund houses viz SBI MF,.ICICI MF, HDFC MF, Nippon India and UTI MF.
Gupta said that those companies were in focus that were not impacted by rising inflation. He also gave a sneak peek into how some companies were able to pass on the cost of raw material and companies which managed high growth despite cheaper valuation. Textile space has been in the radar of these fund houses where buying activity was seen.
Mutual Funds – Where new investments were and where complete exit was done:
1) SBI
New investment Exit
Gokal Das Exports FSL
KKR Mills Deepak Nitrite
Delta Corp Bharti Airtel
ICICI Bank Info Edge
ICICI Lombard Kotak Mahindra Bank
SBI
2) ICICI Bank
New Investment Exit
Nazara Tech Devyani International
Sona BLW Sarda Energy & Minerals
HCL Tech Vijaya Diagnostics Centre
Infosys NTPC
ICICI Lombard GAIL
SBI
3) HDFC
New investment Exit
IDFC Limited Amara Raja Batteries
TVS Motor Edelweiss Financial Services
India Cements IB Housing Financing
TCS Aarti Industries
HDFC Bank ICICI Bank
Zee Entertainment SBI
4) Nippon India
New investment Exit
Gokal Das Exports Ami Organics
Sona BLW KIMS
Axis Bank SBI Life
L&T Reliance
ICICI Bank IRCTC
5) UTI
New investment Exit
Delta Corp IB Housing Finance
DCB Bank Khadim India
India Cements Motilal Oswal Financial Services
TCS Bharti Airtel
HDFC Bank Tata Power
Infosys Reliance
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