Companies where Mutual Funds increased their stake in October 2021
Analysis of October buying of domestic MFs shows that financial sector remained the favourite sector of mutua funds in October 2021
The month of October saw volatile trading for the Indian equity market. It touched its lifetime high only to see a precipitous fall in the second half of the month resulting in flat closing for the month. Nevertheless, in the second half of the month, we saw Nifty Bank gaining as much as eight per cent. Such an increase was partly due to buying by domestic mutual funds into companies of this sector. Analysis of October buying of domestic MFs shows that financial sector remained the favourite sector of mutua funds in October 2021. Besides Banking, IT companies were also the favourites of the domestic mutual funds.
In the following tables, we will give you a glimpse of top large-cap, mid-cap and small-cap companies where domestic mutual funds were net buyers in October 2021.
Top 10 Companies among Large-Cap where MFs were Net Buyers in October 2021
|
Stock Name
|
Sector
|
Net Qty Bought
|
Approx. Buy Value(In Rs. cr) *
|
|
HCL Technologies Ltd.
|
Technology
|
25889145
|
3136.86
|
|
Tata Consultancy Services Ltd.
|
Technology
|
5380247
|
1929.71
|
|
ICICI Lombard General Insurance Company Ltd.
|
Financials
|
12288356
|
1886.91
|
|
Infosys Ltd.
|
Technology
|
9689951
|
1619.7
|
|
Axis Bank Ltd.
|
Financials
|
20024671
|
1510.43
|
|
ICICI Bank Ltd.
|
Financials
|
19896058
|
1495.1
|
|
HDFC Bank Ltd.
|
Financials
|
7557497
|
1200.81
|
|
Bharti Airtel Ltd.
|
Media and Communications
|
15695133
|
1056.62
|
|
FSN E-Commerce Ventures Ltd.
|
Retail and Other Services
|
6552513
|
737.16
|
|
Ultratech Cement Ltd.
|
Construction
|
923372
|
694
|
Top 10 Companies among Mid-Cap where MFs were Net Buyers in October 2021
|
Stock Name
|
Sector
|
Net Qty Bought
|
Approx. Buy Value(In Rs. cr) *
|
|
Zee Entertainment Enterprises Ltd.
|
Media and Communications
|
20488934
|
618.92
|
|
Aditya Birla Sun Life AMC Ltd.
|
Financials
|
6120242
|
416.51
|
|
Max Financial Services Ltd.
|
Financials
|
3849119
|
382.58
|
|
Bank Of Baroda
|
Financials
|
34033013
|
305.02
|
|
Emami Ltd.
|
FMCG
|
4293653
|
237.28
|
|
Manappuram Finance Ltd.
|
Financials
|
11886437
|
224.03
|
|
Indian Bank
|
Financials
|
14319582
|
223.71
|
|
Escorts Ltd.
|
Automobile and Ancillaries
|
1340334
|
204.37
|
|
ABB India Ltd.
|
Capital Goods
|
985858
|
196.7
|
|
The Federal Bank Ltd.
|
Financials
|
21167059
|
192.36
|
Top 10 Companies among Small-Cap where MFs were Net Buyers in October 2021
|
Stock Name
|
Sector
|
Net Qty Bought
|
Approx. Buy Value(In Rs. cr) *
|
|
Delta Corp Ltd.
|
Miscellaneous
|
8571074
|
223.71
|
|
Fino Payments Bank Ltd.
|
Financials
|
3646425
|
210.4
|
|
Gokaldas Exports Ltd.
|
Textile
|
10023606
|
205.61
|
|
City Union Bank Ltd.
|
Financials
|
11931202
|
194.36
|
|
Prince Pipes and Fittings Ltd.
|
Consumer Durables
|
2194894
|
155.97
|
|
The India Cements Ltd.
|
Construction
|
6405040
|
130.15
|
|
RBL Bank Ltd.
|
Financials
|
6649689
|
123.5
|
|
Sheela Foam Ltd.
|
FMCG
|
482470
|
116.02
|
|
Multi Commodity Exchange Of India Ltd.
|
Financials
|
548652
|
92.24
|
|
PCBL Ltd.
|
Chemicals
|
3161759
|
76.99
|