MF Update: Companies where MFs increased their stake in August 2021
After showing a sharp increase in August and the first fortnight of September, the equity market is showing signs of nervousness. This has more to do with international factors rather than domestic factors. And it is a broader market that is falling more than large-cap stocks.
Now let’s see in which companies mutual funds increased their stake in August 2021. Definitely, IPOs were the flavour of the season in August and even the mutual funds saw good interest in newly listed companies. Chemplast Sanmar and Nuvoco Vistas Corporation were the two major companies and also the top companies where MF saw the highest buying. Nevertheless, we have excluded them.
Following is the large-cap stocks where MFs increased their stake in August 2021.
|
Stock Name
|
Sector
|
Classification
|
Month
|
Net Qty Bought
|
Approx. Buy Value(In Rs. cr)
|
|
ICICI Bank Ltd.
|
Financials
|
Large-Cap
|
Aug-21
|
22496551
|
1576.5
|
|
Tata Consultancy Services Ltd.
|
Technology
|
Large-Cap
|
Aug-21
|
4082232
|
1419.38
|
|
SBI Life Insurance Company Ltd.
|
Financials
|
Large-Cap
|
Aug-21
|
12312057
|
1410.13
|
|
HDFC Bank Ltd.
|
Financials
|
Large-Cap
|
Aug-21
|
7026857
|
1056.77
|
|
Lupin Ltd.
|
Healthcare
|
Large-Cap
|
Aug-21
|
7916614
|
817.49
|
|
ITC Ltd.
|
FMCG
|
Large-Cap
|
Aug-21
|
33986379
|
707.34
|
|
State Bank Of India
|
Financials
|
Large-Cap
|
Aug-21
|
14622158
|
627.17
|
|
HCL Technologies Ltd.
|
Technology
|
Large-Cap
|
Aug-21
|
5248737
|
579.26
|
|
Larsen & Toubro Ltd.
|
Infrastructure
|
Large-Cap
|
Aug-21
|
3462561
|
566.75
|
|
Bajaj Finserv Ltd.
|
Financials
|
Large-Cap
|
Aug-21
|
316499
|
496.41
|
The above table clearly shows Financial was the sector where maximum buying happened.
Following is the mid-cap stocks where MFs increased their stake in July 2021.
|
Stock Name
|
Sector
|
Classification
|
Month
|
Net Qty Bought
|
Approx. Buy Value(In Rs. cr)
|
|
Coforge Ltd.
|
Technology
|
Mid-Cap
|
Aug-21
|
1058513
|
544.75
|
|
Minda Industries Ltd.
|
Automobile and Ancillaries
|
Mid-Cap
|
Aug-21
|
6554226
|
477.74
|
|
Sona BLW Precision Forgings Ltd.
|
Automobile and Ancillaries
|
Mid-Cap
|
Aug-21
|
7105303
|
333.72
|
|
LIC Housing Finance Ltd.
|
Financials
|
Mid-Cap
|
Aug-21
|
6574697
|
267.16
|
|
Shriram Transport Finance Company Ltd.
|
Financials
|
Mid-Cap
|
Aug-21
|
1576145
|
216.15
|
|
Aptus Value Housing Finance India Ltd.
|
Financials
|
Mid-Cap
|
Aug-21
|
5747018
|
212.32
|
|
Canara Bank
|
Financials
|
Mid-Cap
|
Aug-21
|
13536010
|
211.37
|
|
Aavas Financiers Ltd.
|
Financials
|
Mid-Cap
|
Aug-21
|
823342
|
203.01
|
|
Escorts Ltd.
|
Automobile and Ancillaries
|
Mid-Cap
|
Aug-21
|
1520865
|
192.44
|
|
Bata India Ltd.
|
Retail and Other Services
|
Mid-Cap
|
Aug-21
|
1103563
|
187.11
|
Following are the top 10 small-cap stocks where MFs increased their stake in July 2021.
|
Stock Name
|
Sector
|
Classification
|
Month
|
Net Qty Bought
|
Approx. Buy Value(In Rs. cr)
|
|
Wabco India Ltd.
|
Automobile and Ancillaries
|
Small-Cap
|
Aug-21
|
309465
|
220.71
|
|
RBL Bank Ltd.
|
Financials
|
Small-Cap
|
Aug-21
|
10573995
|
189.51
|
|
Timken India Ltd.
|
Automobile and Ancillaries
|
Small-Cap
|
Aug-21
|
1037147
|
167.34
|
|
Mahindra CIE Automotive Ltd.
|
Automobile and Ancillaries
|
Small-Cap
|
Aug-21
|
6495894
|
165.69
|
|
Can Fin Homes Ltd.
|
Financials
|
Small-Cap
|
Aug-21
|
2424512
|
134.65
|
|
Indiabulls Housing Finance Ltd.
|
Financials
|
Small-Cap
|
Aug-21
|
5305974
|
132.5
|
|
Poonawalla Fincorp Ltd.
|
Financials
|
Small-Cap
|
Aug-21
|
7576686
|
131.25
|
|
Birlasoft Ltd.
|
Technology
|
Small-Cap
|
Aug-21
|
3033541
|
124.19
|
|
The Great Eastern Shipping Company Ltd.
|
Logistics
|
Small-Cap
|
Aug-21
|
3512100
|
122.9
|
|
Multi Commodity Exchange Of India Ltd.
|
Financials
|
Small-Cap
|
Aug-21
|
772320
|
120.51
|