Stocks attracting fund managers in May 2020

In the month of May, the fast-moving consumer goods (FMCG) sector gained over other sectors to be on the top of fund managers’ buying list, followed by media and communications, financials as well as technology sector.

So, if we look at the above table then, we can see that in the month of May 2020, the FMCG sector has made its presence in the top five sector preference of the fund manager with a total approximate buying of Rs 7,630.57 crore. In FMCG sector also, Hindustan Unilever Ltd made its way to the top five buying list with a total approximate buying value of Rs 7,630.57 crore.

If we look at the total sector-wise buying done in the month of May then, FMCG sector can be seen on the top, followed by media and communications, financials, technology and energy sector with an approximate buying of Rs 8,502.72 crore, Rs 3,721.05 crore, Rs 2,646.30 crore, Rs 1,295.20 crore and Rs 918.61 crore, respectively.

If we look at the total buying done in the month of May 2020 market cap-wise then, large-cap is seen at the top, followed by mid-cap and small-cap with an approximate buying value of Rs 17,754.58 crore, Rs 1,548.90 crore and Rs 614.85 crore, respectively.

The intention of the above analysis is only for the purpose of understanding the activity of mutual funds or to gauge the fund managers’ approach and it in no means, a recommendation to buy or sell. It is always advisable to have 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.