Mutual Fund Update: Sectors that MFs bet on in last 5 months

Before the major rate cut in corporate tax, the markets had remained largely volatile over the last few months. In such scenario, it is important to know the sectors where the mutual funds were betting on. In past five months, mutual funds had to strategise and analyse on to keep which sectors in the portfolio and to exit whom.





If we look at the net buying activities of the mutual funds in past five months, then financials was the sector in which there was highest buying done by mutual funds. Mutual funds bought around Rs. 3,342.76 crore in financials sector, which was followed by energy, FMCG and construction sectors that witnessed net buying of around Rs. 2,033.65 crore, 1,012.55 crore and 936.48 crore, respectively. On the other end, chemicals sector was the one that witnessed highest net selling of around Rs. 63.18 crore in past five years.

The intention of the above analysis is only for the purpose of understanding the activity of mutual funds and gauging the fund managers’ approach and it in no means is recommendation to buy or sell. It is always advisable to have a financial plan in place which must be followed with discipline and investments in mutual funds should be based on your individual risk assessment.