Mutual Fund Update: Top 5 stocks that attracted mutual fund managers
DSIJ IntelligenceCategories: MF Unlocked
People are always curious as to what the mutual fund managers have bought and try to mimic them. Read on more to find out which stocks really attracted the fund managers.
Everyone wants to know what are mutual fund managers buying so that they can buy the same stocks. But mimicking the mutual fund manager is not a good idea though. Doing so is injurious to your investments health. So following are top five stocks which attracted mutual fund managers in the month of November 2018.
Stock Name | Sector | Classification | Month | Net Qty Bought |
Approx. Buy Value (In cr) |
| Axis Bank Ltd. | Financials | Large-Cap | Nov-18 | 2,10,41,118 | 1,271 |
| Infosys Ltd. | Technology | Large-Cap | Nov-18 | 1,56,25,136 | 1,058 |
| ICICI Bank Ltd. | Financials | Large-Cap | Nov-18 | 2,41,97,404 | 859 |
| Coal India Ltd. | Energy | Large-Cap | Nov-18 | 2,63,62,250 | 674 |
| Indiabulls Housing Finance Ltd. | Financials | Large-Cap | Nov-18 | 76,16,562 | 590 |
So if we look at the above information, we understand that mutual fund manager have shown interest in Axis Bank and Infosys with approximate buy value of Rs. 1,271 crore and Rs. 1,058 crore, respectively. Further, if we look at the data sector-wise, the financial sector saw the highest net buying of Rs. 4,957 crores in the month of November 2018 followed by technology sector and energy sector with net buying of Rs. 2,544 crore, and Rs. 2,228 crore, respectively. If we further look at the data marketcap-wise, large-cap saw the highest net buying of Rs. 11,662 crore, followed by mid-cap and small-cap with net buying of Rs. 3,584 crore and Rs. 2031 crore, respectively.