Here’s a list of some of the stocks that top mutual funds entered and exited last month:
SBI Mutual FundIndia’s largest asset manager, which handles AUM worth around Rs 6.7 lakh crore, bought over 1 lakh shares of
during the month. On the other hand, it sold Escorts Kubota, NBCC, , , , and .
HDFC Mutual FundHDFC MF picked 8,000 shares of Deepak Nitrite. The list of exits includes Blue Star, Angel One, Rain Industries, Astral and .
ICICI Prudential Mutual FundThe fund house exited Ashoka Buildcon during the month by selling around 5.8 crore shares of the company. Top holdings include ICICI Bank, Infosys, HDFC Bank and Bharti Airtel.
Kotak Mahindra Mutual Fund During the month, Kotak added two new stocks and exited six. New additions include GMR Infra and Hindustan Copper, while the list of exits have NBCC, Brightcom Group, JSW Energy, KEI Industries, ICICI Securities and CAMS.
Nippon India Mutual FundNippon sold six stocks – Neogen Chemicals, , PTC India, Welspun Enterprises, and Seya Industries.
Axis Mutual FundAxis Mutual Fund bought nearly 1.3 crore shares of SKF India worth about Rs 55 crore. Besides, it also picked 1.35 lakh shares of
UTI Mutual FundUTI Mutual Fund picked REC and RBL Bank while exiting GE Power and Indiabulls Housing Finance.