List of companies where Mutual Funds increased their stake
The Indian equity market is touching a new high every week. Equity bellwether indexes such as Nifty and Sensex are up by almost three per cent in the month of September 2021. Some of the laggards such as Reliance Industries and a few banking names helped the indices to gain. The broader market also continued to show strength and had gained between 3-6 per cent.
Now, let’s see in which companies mutual funds have increased their stake in the month of September 2021. Without a doubt, banking companies were the flavour of the season in September and even the mutual funds saw good interest in banking stocks. So, they top the chart where they increased the stake, however, we have excluded them.
The following tables show companies where Mutual Funds increased their stake in September 2021:
Large-cap
|
Stock Name
|
Sector
|
Net Qty Bought
|
Approx. Buy Value(In Rs. cr)
|
|
SBI Cards And Payment Services Ltd.
|
Financials
|
11844889
|
1285.26
|
|
HDFC Bank Ltd.
|
Financials
|
6807882
|
1081.23
|
|
SBI Life Insurance Company Ltd.
|
Financials
|
7788557
|
937.41
|
|
Axis Bank Ltd.
|
Financials
|
10827092
|
840.76
|
|
Bajaj Finance Ltd.
|
Financials
|
1061178
|
806.1
|
|
Adani Enterprises Ltd.
|
Miscellaneous
|
4255194
|
650.13
|
|
Bajaj Finserv Ltd.
|
Financials
|
345665
|
603.77
|
|
Bajaj Auto Ltd.
|
Automobile and Ancillaries
|
1576452
|
595.91
|
|
Tech Mahindra Ltd.
|
Technology
|
3383743
|
478.5
|
|
Power Grid Corporation Of India Ltd.
|
Energy
|
26018509
|
475.22
|
Mid-cap
|
Stock Name
|
Sector
|
Net Qty Bought
|
Approx. Buy Value(In Rs. cr)
|
|
Max Healthcare Institute Ltd.
|
Healthcare
|
52457815
|
1954.18
|
|
Ashok Leyland Ltd.
|
Automobile and Ancillaries
|
48093037
|
616.91
|
|
Bharat Forge Ltd.
|
Automobile and Ancillaries
|
5728799
|
430.99
|
|
Aditya Birla Sun Life AMC Ltd.
|
Financials
|
5266140
|
374.95
|
|
Bata India Ltd.
|
Retail and Other Services
|
1699789
|
301.71
|
|
Coforge Ltd.
|
Technology
|
549741
|
287.24
|
|
Canara Bank
|
Financials
|
16117977
|
267.64
|
|
Oberoi Realty Ltd.
|
Construction
|
2754279
|
229.68
|
|
Vodafone Idea Ltd.
|
Media and Communications
|
237559131
|
213.8
|
|
The Phoenix Mills Ltd.
|
Construction
|
2246445
|
204.56
|
Small-cap
|
Stock Name
|
Sector
|
Net Qty Bought
|
Approx. Buy Value(In Rs. cr)
|
|
Vijaya Diagnostic Centre Ltd.
|
Healthcare
|
14447792
|
823.45
|
|
Multi Commodity Exchange Of India Ltd.
|
Financials
|
1544906
|
245.35
|
|
Sansera Engineering Ltd.
|
Automobile and Ancillaries
|
3005483
|
242.27
|
|
Cyient Ltd.
|
Technology
|
2250869
|
229.61
|
|
Can Fin Homes Ltd.
|
Financials
|
2696066
|
169.55
|
|
V-Guard Industries Ltd.
|
Capital Goods
|
5605192
|
140.52
|
|
AMI Organics Ltd.
|
Healthcare
|
1009251
|
129.46
|
|
JB Chemicals & Pharmaceuticals Ltd.
|
Healthcare
|
724054
|
129.23
|
|
Arvind Fashions Ltd.
|
Retail and Other Services
|
4856220
|
126.5
|
|
eClerx Services Ltd.
|
Technology
|
494353
|
109.44
|