Click to know about stocks attracting fund managers in February!

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Click to know about stocks attracting fund managers in February!

Everyone is eager to know what the mutual fund managers sold and especially what they bought! So, let’s know more about the stocks that attracted fund managers in February 2020.

In the month of February, the energy sector gained over other sectors to be on the top of the fund managers buying list followed by financials, FMCG, automobile and ancillaries’ sector.

 

Stock Name

Sector

Asset Class

Month

Net Qty Bought

Approx. Buy Value (In Cr)

NTPC Ltd

Energy

Large-Cap

February-20

27,69,64,330

3,038.27

Power Grid Corporation of India Ltd

Energy

Large-Cap

February -20

15,89,10,162

2,926.77

Coal India Ltd

Energy

Large-Cap

February -20

16,59,73,842

2,905.38

Oil & Natural Gas Corporation Ltd

Energy

Large-Cap

February -20

26,58,56,283

2,670.47

Avenue Supermarts Ltd

Retail and Other Services

Large-Cap

February -20

83,18,887

1,854.23

 

 

So, if we look at the above table then, we can see that in the month of February 2020, energy sector has come in the top five sector preference of the fund manager with a total approximate buying of Rs 13,935 crore. In energy sector also, NTPC Ltd, Power Grid Corporation of India Ltd, Coal India Ltd and Oil & Natural Gas Corporation Ltd have made its way to the top five buying with total approximate value of Rs 11,541 crore.

If we look at the total sector-wise buying done in the month of February 2020 then, energy sector has been on the top followed by FMCG, automobile and ancillaries, retail and other services sector with an approximate buying of Rs 13,935.18 crore, Rs 7,319.81 crore, Rs 3,578.93 crore, Rs 2,910.28 and Rs 2,089.05 crore, respectively.

If we look at the total buying done in the month of February 2020 market cap-wise then, large-cap is at the top followed by mid-cap and small-cap with an approximate buying value of Rs 30,165.24 crore, Rs 6,134.41 crore and Rs 2,626.85 crore, respectively.

The intention of the above analysis is only for the purpose of understanding the activity of mutual funds and gauging the fund managers’ approach and it in no means a recommendation to buy or sell. It is always advisable to have a financial plan in place, which must be followed with discipline and investments in mutual funds being made to be based on your individual risk assessment.