Know more about stocks attracting fund managers

In the month of April 2020, the automobile and ancillaries sector gained over other sectors to be on the top of the fund managers buying list followed by healthcare, financials and energy sector.

So, if we look at the above table then, we can see that in the month of April 2020, financial sector has come in the top five sector preference of the fund managers with a total approximate buying of Rs 531 crore. In the financial sector also, HDFC Life Insurance Co. Ltd have made its way to the top five buying with a total approximate buying value of Rs 531 crore.

If we look at the total sector-wise buying done in the month of April 2020, then automobile and ancillaries’ sector has been on the top followed by healthcare, financials, energy and technology sector with an approximate buying of Rs 1,852.81 crore, Rs 1,757.52 crore, Rs 1,510.90 crore, Rs 1,248.19 crore and Rs 1,097.51crore, respectively.

If we look at the total buying done in the month of April 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 7,558.33 crore, Rs 2,780.14 crore and Rs 1,107.18 crore, respectively.

The intention of the above analysis is only for the purpose of understanding the activity of mutual funds and also, for 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.