Stocks attracting fund managers in February 2021

In the month of February 2021, the financial sector gained over other sectors to be on the top of the fund managers’ buying list, followed by automobile and ancillaries, energy and metals sector. 

So, in the month of February 2021, the financial sector has come in the top five sector preference of the fund managers. The total approximate buying done in the financial sector is Rs 2,674.57 crore. In the financial sector also, IndusInd Bank Ltd has made its way to the top five buying list with a total approximate buying value of Rs 658.92 crore. 

Further, if we look at the total sector-wise buying done in the month of February 2021, then the financial sector could be seen on the top, followed by the automobile & ancillaries, energy, metals, and capital goods sector with an approximate buying of Rs 2,674.57 crore, Rs 1,809.62 crore, Rs 1,109.61 crore, Rs 987.04 crore and Rs 836.98 crore, respectively. 

If we look at the total buying done in the month of February 2021 market cap-wise, then large-cap is at the top, followed by mid-cap and small-cap with approximate buying value of Rs 6,309.04 crore, Rs 4,222.38 crore, and Rs 3,214.32 crore, respectively. 

The intention of the above analysis is only for the purpose of understanding the activity of mutual funds as well as gauging the fund managers’ approach and it’s by no means, a 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 being made to be based on your individual risk assessment.