MF Update: Companies where MFs reduced their stake in August 2021
The month of August 2021 saw a dip in inflows into the equity dedicated mutual funds compared to July 2021. Net inflow in August 2021 was at Rs 8666 crore compared to more than Rs 20000 crore in July 2021.
The redemption from the equity dedicated mutual fund is still very high and for August 2021 it was Rs 25002 crore compared to Rs 19517crore in July. In the following table are the companies where the mutual funds lowered their stake in July 2021.
Following are the large-cap stocks where MFs decreased their stake in August 2021.
|
Stock Name
|
Sector
|
Classification
|
Month
|
Net Qty Sold
|
Approx. Sell Value(In Rs. cr)
|
|
Infosys Ltd.
|
Technology
|
Large-Cap
|
Aug-21
|
16382323
|
2716.78
|
|
Tech Mahindra Ltd.
|
Technology
|
Large-Cap
|
Aug-21
|
9573683
|
1271.94
|
|
Bharti Airtel Ltd.
|
Media and Communications
|
Large-Cap
|
Aug-21
|
16111282
|
987.38
|
|
Tata Steel Ltd.
|
Metals
|
Large-Cap
|
Aug-21
|
5363437
|
773.54
|
|
Tata Consumer Products Ltd.
|
FMCG
|
Large-Cap
|
Aug-21
|
8108239
|
657.25
|
|
Steel Authority Of India Ltd.
|
Metals
|
Large-Cap
|
Aug-21
|
48928412
|
645
|
|
Hindustan Unilever Ltd.
|
FMCG
|
Large-Cap
|
Aug-21
|
2092410
|
529.11
|
|
Eicher Motors Ltd.
|
Automobile and Ancillaries
|
Large-Cap
|
Aug-21
|
1865723
|
485.97
|
|
Cipla Ltd.
|
Healthcare
|
Large-Cap
|
Aug-21
|
5173086
|
483.13
|
|
SRF Ltd.
|
Diversified
|
Large-Cap
|
Aug-21
|
435496
|
409.33
|
Technology is the sector from where the mutual funds lowered their stake. Besides, there seems to be some profit booking from Metals.
Following are the mid-cap stocks where MFs decreased their stake in August 2021.
|
Stock Name
|
Sector
|
Classification
|
Month
|
Net Qty Sold
|
Approx. Sell Value(In Rs. cr)
|
|
Indian Railway Catering And Tourism Corporation Ltd.
|
Travel
|
Mid-Cap
|
Aug-21
|
1487754
|
378.13
|
|
Persistent Systems Ltd.
|
Technology
|
Mid-Cap
|
Aug-21
|
996531
|
322.14
|
|
Balkrishna Industries Ltd.
|
Automobile and Ancillaries
|
Mid-Cap
|
Aug-21
|
1172060
|
273.6
|
|
ACC Ltd.
|
Construction
|
Mid-Cap
|
Aug-21
|
901404
|
216.67
|
|
Deepak Nitrite Ltd.
|
Chemicals
|
Mid-Cap
|
Aug-21
|
913316
|
197.4
|
|
Max Financial Services Ltd.
|
Financials
|
Mid-Cap
|
Aug-21
|
1772194
|
195.85
|
|
Atul Ltd.
|
Chemicals
|
Mid-Cap
|
Aug-21
|
211710
|
192.46
|
|
Godrej Properties Ltd.
|
Construction
|
Mid-Cap
|
Aug-21
|
1241404
|
191.88
|
|
Metropolis Healthcare Ltd.
|
Healthcare
|
Mid-Cap
|
Aug-21
|
580402
|
164.5
|
|
Mphasis Ltd.
|
Technology
|
Mid-Cap
|
Aug-21
|
543395
|
149.38
|
Following are the small-cap stocks where MFs decreased their stake in August 2021.
|
Stock Name
|
Sector
|
Classification
|
Month
|
Net Qty Sold
|
Approx. Sell Value(In Rs. cr)
|
|
Amara Raja Batteries Ltd.
|
Automobile and Ancillaries
|
Small-Cap
|
Aug-21
|
3580352
|
254.04
|
|
GMM Pfaudler Ltd.
|
Capital Goods
|
Small-Cap
|
Aug-21
|
358522
|
158.31
|
|
Just Dial Ltd.
|
Miscellaneous
|
Small-Cap
|
Aug-21
|
1552966
|
148.9
|
|
UTI Asset Management Company Ltd.
|
Financials
|
Small-Cap
|
Aug-21
|
1144535
|
128.02
|
|
KPIT Technologies Ltd.
|
Technology
|
Small-Cap
|
Aug-21
|
3877835
|
119.93
|
|
V-Guard Industries Ltd.
|
Capital Goods
|
Small-Cap
|
Aug-21
|
3111613
|
76.62
|
|
Greaves Cotton Ltd.
|
Automobile and Ancillaries
|
Small-Cap
|
Aug-21
|
4364133
|
64.8
|
|
JK Lakshmi Cement Ltd.
|
Construction
|
Small-Cap
|
Aug-21
|
877604
|
61.48
|
|
Laxmi Organic Industries Ltd.
|
Chemicals
|
Small-Cap
|
Aug-21
|
1708918
|
60.28
|
|
Thyrocare Technologies Ltd.
|
Healthcare
|
Small-Cap
|
Aug-21
|
456347
|
59.47
|