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Top 5 stocks bought and sold by mutual funds in December 2021


Top 5 stocks bought and sold by mutual funds in December 2021

NFO receipts were Rs 206.2 billion more than inflows combined in the previous 3 months.

A strong increase in new fund offerings (NFOs) boosted equity mutual fund inflows in December 2021.

NFO receipts were Rs 206.2 billion more than inflows combined in the previous 3 months. However, December outflows were lower than July’s record levels. To put things in context, over the past 6 months, NFO outflows have exceeded Rs 800 billion.

That is the case with investors who are used to buying into every correction. This resulted in investors allocating Rs 250.8 billion to equity mutual funds in December 2021, the highest monthly net inflows into these funds.

Last month, net inflows stood at Rs 116.1 billion. This is also the 10th consecutive month of capital inflows. Since March 2021, equity funds have seen a cumulative net inflow of Rs 1,104.6 billion.

Systematic Investment Plan (SIP) continued the trend as their collection grew to Rs 113.1 billion in December 2021 from Rs 110.1 billion in November. The number of mutual fund SIP accounts stood at 49 million in December 2021. compared with 47.8 million in November.

The first time in September 2021 when SIPs crossed the 100 billion mark. That trend has now extended into its fourth month. As the market has been volatile since the last two months, making it difficult for investors because of the Omicron variant, they have allocated more towards their SIP contribution.

Investors continue to stick with their process by following their SIPs, which only shows optimism and a lasting wealth creation journey. Since the start of this fiscal, monthly SIP flows have shown a secular increase. From Rs 85.7 billion in April 2021, this now stands at Rs 113 billion.

While all is well on the stock front, debt funds are telling a different story. The acquisition of Rs 491.5 billion from debt funds caused industry assets under management (AUM) to drop slightly to Rs 37,920 billion in December 2021 from Rs 38,450 billion in the previous month.

It is known that debt funds have seen an outflow due to end-of-quarter inquiries and investors are frustrated with poor returns and believe interest rates are likely to rise next year.

Let’s take a look at which stock mutual funds are most traded during this period…

Top stocks sold by mutual funds in December 2021

Largecaps: Indian mutual funds have slashed their positions in the largest stocks such as PB Fintech, Macrotech Developers, Hindustan Zinc, Nykaa and Eicher Motors.

Heavy selling was also witnessed in Adani Green Energy.

Midcaps: From the mid-cap space, mutual funds have offloaded Vodafone Idea, Yes Bank, Bank of India and Indian Energy Exchange (IEX).

Small packing: RBL Bank, PNB Housing Finance, Latent View and BSE saw the maximum sale of MFIs from the small cap space in December 2021.

Interestingly, BSE also made the list last month. Mutual funds slashed their holdings after stocks surged.

Top stocks bought by mutual funds in December 2021

Largecaps: Coming to the acquisition, IRCTC, Indus Towers, Paytm and Tata Power from the largest scale saw massive inflows of money.

Midcaps: From the mid-cap space, fund managers loaded shares in CRISIL, IndiaMART InterMESH, Indian Hotels, L&T Finance and Tata Communications.

Small packing: HFCL, Data Samples, Graphite India and Go Fashions were the most purchased small-cap items.

Top Equity Mutual Funds in December 2021

Below is a list of the top 10 mutual fund companies by their equity assets under management (AUM) as of December 2021.

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What India’s top mutual funds bought and sold in December 2021

• SBI . Mutual Fund

India’s largest equity fund holds Rs 3,702 billion in shares as of December 2021.

The fund’s top four holdings include HDFC Bank, Reliance Industries, Infosys and ICICI Bank.

Here’s what SBI Mutual Funds bought and sold in December 2021.

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• Prudential ICICI . Mutual Fund

The ICICI Prudential Mutual Fund is the second largest mutual fund with Rs 2,053 billion in shares as of December 2021. The same figure in November was Rs 1,995 billion.

The top three holdings of the ICICI Prudential Mutual Fund include ICICI Bank, Infosys and Bharti Airtel.

Here’s what the fund bought and sold in December 2021.

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• HDFC Mutual Fund

Following the ICICI Prudential Mutual Fund, we have the HDFC Mutual Fund with Rs 1,837 billion in shares as of December 2021.

The fund’s top five holdings include ICICI Bank, State Bank of India, Infosys, HDFC Bank and Reliance Industries. It also has good exposure to L&T.

Here’s what HDFC Mutual Funds bought and sold in December 2021.

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As Co-Head of Research at Equitymaster Rahul Shah rightly puts it, it’s better to only get 50% exposure and keep the rest in FD or cash. This strategy is in place to the rescue in November as well as in December 2021.

Investors with money waiting on the sidelines used the market correction as an opportunity and allocated it to equity mutual funds.

2021 is an NFO year. Investors lean towards mutual funds as the industry adds a staggering Rs 7 lakh crore to their asset base. Asset management companies (AMCs) have launched more than 100 NFOs pitching various investment ideas, which further leads to an increase in AUM.

All this is due to good sentiment in the stock market.

The mutual fund industry AUM rose 24% to an all-time high of 38,450 at the end of November, from Rs 31 trillion at the end of December 2020.

Gold exchange-traded funds (ETFs) also attract investors with a net inflow of more than Rs 45 billion in 2021.

In December 2021, mutual funds repurchased more than Rs 30 billion of shares in initial public offering (IPO). At a time when FII was selling heavily, mutual funds came to the rescue.

Rs 33.8 billion was invested in new issues launched in December 2021. MedPlus Health received the highest inflow of Rs 13 billion, followed by CMS Info Systems (Rs 3 billion), Metro Brands Rs (3 billion), Tega Industries (Rs 2.8 billion), and RateGain Travel (Rs 2.5 billion).

Anand Rathi’s other issues, CE Information Systems, Data Models, Supriya Life Sciences, Shriram Attributes, and Star Health are also receiving good cash flow.

Mutual funds going strong in IPOs is a trend we’ve been seeing for months now.

How mutual fund buying and selling trends play out in January 2022 remains to be seen.

We will keep you updated on all developments from this space.

Keep stable.

Since you’re interested in what mutual funds are buying and selling, check out Equitymaster’s powerful stock screener.

This tool tracks stocks recently purchased by mutual funds along with stocks sold by them recently.

Happy investing!

PS: The above is based on data from PersonalFN. PersonalFN is a personal finance company based in Mumbai providing Financial Planning and Mutual Fund Research services.

Disclaimer: This article is for informational purposes only. It is not a stock recommendation and should not be treated as such.

(This article is provided from Equitymaster.com)

(This story has not been edited by NDTV staff and was automatically generated from the feed provided.)



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