Stocks where fund managers were net buyers in November 2021
Among large-cap, mutual funds preferred the financial sector including banks in the month of November 2021
Main Article
Most investors always look for ways to find the stock ideas to invest in. One of the solutions that they do have is to look at what mutual fund managers are doing. So, they invest in stocks where mutual fund managers are buying. In the following table, we give you the list of companies under different categories where mutual funds are net buyers in the month of November 2021.
Top 10 Companies among Large-cap where MFs were Net Buyers in November 2021.
|
Stock Name
|
Sector
|
Net Qty Bought
|
Approx. Buy Value(In Rs. cr) *
|
|
Reliance Industries Ltd.
|
Energy
|
39475409
|
9754.5
|
|
Axis Bank Ltd.
|
Financials
|
54207597
|
3788.4
|
|
ICICI Bank Ltd.
|
Financials
|
44443179
|
3369.7
|
|
PB Fintech Ltd.
|
Retail and Other Services
|
11689840
|
1421
|
|
HDFC Bank Ltd.
|
Financials
|
9062668
|
1394
|
|
HCL Technologies Ltd.
|
Technology
|
11112586
|
1268.2
|
|
Infosys Ltd.
|
Technology
|
6690113
|
1130.8
|
|
FSN E-Commerce Ventures Ltd.
|
Retail and Other Services
|
5885879
|
1049.3
|
|
Mahindra & Mahindra Ltd.
|
Automobile and Ancillaries
|
11418137
|
981.81
|
|
One97 Communications Ltd.
|
Retail and Other Services
|
5753132
|
977.8
|
The above table shows that in the month of November 2021, among large-cap, mutual funds preferred the financial sector including banks. In the top ten, three are banks and a couple of them have recently come out with their IPO.
Top 10 companies among Mid-cap where MFs were Net Buyers in November 2021.
|
Stock Name
|
Sector
|
Net Qty Bought
|
Approx. Buy Value(In Rs. cr) *
|
|
Zee Entertainment Enterprises Ltd.
|
Media and Communications
|
23768708
|
743.07
|
|
Ipca Laboratories Ltd.
|
Healthcare
|
2654784
|
563.16
|
|
APL Apollo Tubes Ltd.
|
Metals
|
3785319
|
326.31
|
|
Hindustan Aeronautics Ltd.
|
Travel
|
2380131
|
307.45
|
|
Oberoi Realty Ltd.
|
Construction
|
2397492
|
208.35
|
|
ABB India Ltd.
|
Capital Goods
|
972770
|
203.39
|
|
Kajaria Ceramics Ltd.
|
Construction
|
1631343
|
192.69
|
|
Aurobindo Pharma Ltd.
|
Healthcare
|
2787981
|
188.13
|
|
Container Corporation Of India Ltd.
|
Logistics
|
2841490
|
181.16
|
|
Colgate-Palmolive (India) Ltd.
|
FMCG
|
1125080
|
167.47
|
In the case of mid-cap stocks, there is no clear cut trend though there are a couple of pharma names where MF have increased their stake in the month of November 2021.
Top 10 companies among Small-cap where MFs were Net Buyers in November 2021.
|
Stock Name
|
Sector
|
Net Qty Bought
|
Approx. Buy Value(In Rs. cr) *
|
|
Go Fashion (India) Ltd.
|
Retail and Other Services
|
5323393
|
667.39
|
|
Latent View Analytics Ltd.
|
Miscellaneous
|
8701972
|
571.24
|
|
Indiabulls Housing Finance Ltd.
|
Financials
|
21761258
|
485.06
|
|
Zensar Technologies Ltd.
|
Technology
|
8197508
|
372.25
|
|
SJS Enterprises Ltd.
|
Miscellaneous
|
4574229
|
199.12
|
|
Glenmark Pharmaceuticals Ltd.
|
Healthcare
|
2700348
|
138.76
|
|
RBL Bank Ltd.
|
Financials
|
7395797
|
134.31
|
|
Sapphire Foods India Ltd.
|
FMCG
|
1077135
|
109.91
|
|
Fino Payments Bank Ltd.
|
Financials
|
2130645
|
109.09
|
|
The Phoenix Mills Ltd.
|
Construction
|
958670
|
91.64
|
Among small-cap stocks, the highest number of stocks where MF increased their stake in the month of November are also newly listed. Four out of 10 companies where MF managers increased their stake highest in the month of November 2021 have come out with IPO.
The intention of the above analysis is only to understand the activity of mutual funds and gauge the fund managers’ approach and it is 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 risk assessment.