List of companies where MFs increased their stake
The frontline equity indices in India remained in a very tight range in the month of July and increased by only 0.5 per cent. Nevertheless, the broader market continued to show strength and had gained between 3-6 per cent. In the month of August, we are witnessing a reverse of what happened in July 2021. Large-cap indices are gaining momentum while the broader market indices are on a losing streak.
Now, let’s see in which companies mutual funds have increased their stake in the month of July. Definitely, IPOs were flavour of the season in the month of July and even the mutual funds saw good interest in newly-listed companies. So, they top the chart where they increased the stake, however, we have excluded them.
Following is the large-cap stocks where MFs increased their stake in the month of July 2021:
|
Stock name
|
Sector
|
Classification
|
Month
|
Net qty bought
|
Approx. buy value (in Rs crore)
|
|
HDFC Bank Ltd
|
Financials
|
Large-cap
|
Jul-21
|
2,47,19,783
|
3,614.42
|
|
NMDC Ltd
|
Energy
|
Large-cap
|
Jul-21
|
7,66,21,120
|
1,399.48
|
|
ICICI Bank Ltd
|
Financials
|
Large-cap
|
Jul-21
|
1,89,01,107
|
1,241.24
|
|
Bajaj Finance Ltd
|
Financials
|
Large-cap
|
Jul-21
|
19,21,558
|
1,176.38
|
|
ITC Ltd
|
FMCG
|
Large-cap
|
Jul-21
|
5,29,55,244
|
1,079.39
|
|
Axis Bank Ltd
|
Financials
|
Large-cap
|
Jul-21
|
1,44,25,999
|
1,051.08
|
|
Housing Development Finance Corporation Ltd
|
Financials
|
Large-cap
|
Jul-21
|
38,53,021
|
947.12
|
|
State Bank of India
|
Financials
|
Large-cap
|
Jul-21
|
2,09,33,243
|
890.71
|
|
Tech Mahindra Ltd
|
Technology
|
Large-cap
|
Jul-21
|
73,19,645
|
843.58
|
The above table clearly shows that financials dominated the list.
Following is the mid-cap stocks where MFs increased their stake in the month of July 2021:
|
Stock name
|
Sector
|
Classification
|
Month
|
Net qty bought
|
Approx buy value (in Rs crore)
|
|
GR Infraprojects Ltd
|
Infrastructure
|
Mid-cap
|
Jul-21
|
64,17,017
|
1,111.62
|
|
Indraprastha Gas Ltd
|
Energy
|
Mid-cap
|
Jul-21
|
1,69,76,612
|
946.87
|
|
Jindal Steel & Power Ltd
|
Metals
|
Mid-cap
|
Jul-21
|
1,22,89,880
|
509.54
|
|
Container Corporation of India Ltd
|
Logistics
|
Mid-cap
|
Jul-21
|
55,63,037
|
373.35
|
|
Aditya Birla Fashion and Retail Ltd
|
Retail & other services
|
Mid-cap
|
Jul-21
|
1,24,02,062
|
272.85
|
|
Mphasis Ltd
|
Technology
|
Mid-cap
|
Jul-21
|
10,27,564
|
243.22
|
|
Emami Ltd
|
FMCG
|
Mid-cap
|
Jul-21
|
40,60,006
|
227.2
|
|
Shriram Transport Finance Company Ltd
|
Financials
|
Mid-cap
|
Jul-21
|
15,96,928
|
218.2
|
|
Tata Chemicals Ltd
|
Chemicals
|
Mid-cap
|
Jul-21
|
26,73,498
|
198.77
|
|
TVS Motor Company Ltd
|
Automobile & Ancillaries
|
Mid-cap
|
Jul-21
|
32,10,587
|
192.6
|
Following is the top 10 small-cap stocks where MFs increased their stake in the month of July 2021:
|
Stock Name
|
Sector
|
Classification
|
Month
|
Net Qty Bought
|
Approx. Buy Value(In Rs. cr)
|
|
Equitas Holdings Ltd.
|
Financials
|
Small-Cap
|
Jul-21
|
13399258
|
149.3
|
|
Housing & Urban Development Corporation Ltd.
|
Financials
|
Small-Cap
|
Jul-21
|
28007030
|
137.65
|
|
Birlasoft Ltd.
|
Technology
|
Small-Cap
|
Jul-21
|
3225947
|
129.24
|
|
Alicon Castalloy Ltd.
|
Automobile and Ancillaries
|
Small-Cap
|
Jul-21
|
1497879
|
103.41
|
|
JB Chemicals & Pharmaceuticals Ltd.
|
Healthcare
|
Small-Cap
|
Jul-21
|
554723
|
96.48
|
|
Nazara Technologies Ltd.
|
Technology
|
Small-Cap
|
Jul-21
|
562073
|
94.72
|
|
Bajaj Electricals Ltd.
|
Consumer Durables
|
Small-Cap
|
Jul-21
|
789902
|
86.1
|
|
Amber Enterprises India Ltd.
|
Consumer Durables
|
Small-Cap
|
Jul-21
|
290611
|
85.99
|
|
Can Fin Homes Ltd.
|
Financials
|
Small-Cap
|
Jul-21
|
1477040
|
78.53
|
|
CreditAccess Grameen Ltd.
|
Financials
|
Small-Cap
|
Jul-21
|
1074896
|
76.04
|
source: rupevest.com