MF Update: New Entry & Complete Exits
The month of October 2020 saw an exceptional gain in the equity market after the fall of September. It gained almost eight per cent from its low of 10805 that we saw on September 24th. Banking was the sector that led to this rally. Following is the table where mutual funds have made a new investment in the month of October 2020.
|
Company
|
Market Value
(Rs Crs)
|
No of
Shares
|
Bought
|
|
Equitas Small Finance Bank
|
115.41
|
34971355
|
Franklin Templeton
ICICI Pru, Invesco, Nippon India, Sundaram, Mirae
|
|
Fermenta Biotech
|
0.38
|
12000
|
Quant MF
|
|
GTPL Hathway
|
6.65
|
583460
|
Franklin Templeton
MF
|
|
Housing Development Finance
Corporation (HDFCW3)
|
6.07
|
173400
|
Kotak MF
|
|
Jash Engineering
|
2.35
|
115403
|
Quant MF
|
|
Mazagon Dock Shipbuilders
|
11.38
|
682613
|
Aditya Birla SL
MF,L&T MF,SBI
MF,Union MF
|
|
Mindspace Business Parks REIT
|
0.37
|
12000
|
Edelweiss MF
|
|
Reliance Industries Partly Paid up
Equity Shares (Rights Entitlements
(REs)
|
44.41
|
375231
|
Edelweiss MF
|
|
Shakti Pumps (India)
|
0.07
|
3300
|
Quant MF
|
|
Suzuki Motor Corporation
|
182.71
|
142519
|
PPFAS MF
|
|
Themis Medicare
|
0.24
|
7500
|
Quant MF
|
Equitas Small Finance Bank and Mazagon Dock Shipbuilders are a couple of fresh investment that was made through initial public offer (IPO). The highest investment was made by PPFAS in Suzuki Motor Corporation.
There were many companies where mutual funds decided to completely exit in the month of October 2020.
Following is the list of companies from where MF decided to completely exit.
|
Complete Exit
|
Market Value (Rs
Cr)
|
No of
Shares
|
Sold
|
|
Accelya Solutions India
|
13.12
|
127038
|
Sundaram MF
|
|
Angel Broking (Amalgamated)
|
20
|
653562
|
Aditya Birla SL MF
|
|
EIH (Rights Entitlements (REs))
|
1.42
|
940033
|
HDFC MF,Motilal Oswal MF
|
|
Fiem Industries
|
1.32
|
23489
|
Quant MF,ITI MF
|
|
Future Supply Chain Solutions
|
3.51
|
334676
|
L&T MF
|
|
HBL Power Systems
|
0.7
|
433909
|
IDFC MF
|
|
Hexaware Technologies
|
0.04
|
797
|
ICICI Pru MF,Nippon India
MF
|