Where did the people on whose orders the stock market makes noises invest their money? 99 out of 100 investors don’t know

New Delhi. Mutual funds are also included in the big money that controls the stock markets. Like foreign investors (FIIs), their positions are worth crores of rupees. In such a situation, many small investors follow FIIs or DIIs to see which stock they are picking and which stock they are selling. Currently, it is August 2024. But do you know which stocks the mutual funds have expressed their trust in in the Indian stock market in July? It is important to know this, because there can be a chance of earning in those shares.

Mutual fund managers constantly keep changing their portfolios to give better returns to their investors. They increase their stake in some stocks and reduce it in some. According to the Mutual Fund Insights Report of Nuvama Alternative and Quantitative Research, in July, mutual funds bought many large, mid and small cap stocks and sold many. Last month, mutual funds bought shares worth about Rs 206 billion.

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Big stocks rise
In July, mutual funds invested heavily in Vedanta (Rs 33 billion), HDFC Bank (Rs 27 billion) and ITC (Rs 27 billion). At the same time, they reduced their stake in TCS (Rs 27 billion), NTPC (Rs 26 billion) and Avenue Supermarts (Rs 21 billion).

For the last three months, there has been continuous buying in big stocks like HDFC Bank, Life Insurance Corporation, Hindustan Unilever, ITC and Larsen & Toubro. On the other hand, continuous selling has been seen in Bharti Airtel, NTPC, Hindustan Aeronautics, Avenue Supermart and Bharat Electronics. In the case of big stocks, Adani Enterprise and IDBI Bank have been newly added in July.

Where is the action in mid cap stocks
In midcap, there has been continuous buying in Sona BLW, Jubilant Foodworks, Lloyds Metals and Energy, Apaar Industries and Sun TV Network for the last three months. At the same time, there was selling in SCI, Can Fin Homes, National Aluminium and Rail-Tel Corporation. In midcap, mutual funds have created new positions in Lloyds Metals, New India Assurance and Yes Bank.

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Small Cap Stocks
In smallcaps, Redtape, Arvind Limited, Lloyds Engineering, Power Mech Projects and Varroc Engineering have seen consistent buying over the past three months. On the other hand, Ahluwalia Contracts, CMS Info Systems, Avanti Feeds, Mahindra Holidays and Jupiter Lifeline saw selling. Mutual funds have completely exited five smallcap stocks – SCI, CPCL, Mangalam Cement, Sundaram Clayton and Puravankara.

New entrants in the smallcap space include JTL Industries, SMS Pharmaceuticals, Ramkrishna Forgings, Technocraft Industries and Pitti Engineering. Top holdings of mutual funds in smallcaps include Crompton Greaves, Blue Star, Carborundum Universal, Emami and Kalpataru Projects.

(Disclaimer: This news has been published for information purposes only. If you want to invest in any of these stocks, then first consult a certified investment advisor. AyraNews24x7 will not be responsible for any kind of profit or loss of yours.)

Tag: mutual funds, Stock Market, Stock Tips