The highest deployment by the mutual fund industry were Zomato’s QIP (Rs 56 billion), IPOs of Swiggy (Rs 53 billion), and NTPC Green (Rs 40 billion). Meanwhile, mutual funds utilised the MSCI-driven liquidity at the end of November to partially exit inclusion such as HDFC Bank (Rs 110 billion), Voltas (Rs 14 billion), Oberoi Realty (Rs 11 billion), and Alkem (Rs 8 billion).
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The key additions by the mutual fund industry were Zomato (Rs 56 billion), Swiggy (Rs 54 billion), and Reliance Industries (Rs 50 billion) while the key reductions were from HDFC Bank (Rs 110 billion), Power Grid Corporation (Rs 17 billion), and Voltas (Rs 13 billion).
The top additions in the large cap space for three consecutive months were Life Insurance Corporation, ITC, Hindustan Unilever, Larsen & Toubro and Axis Bank. The top reductions during the same period were HCL Technologies, Hindustan Aeronautics, Apollo Hospitals, Solar Industries and Cummins India.
Mutual funds added these midcap stocks for three consecutive months – CRISIL, Exide Industries, Tata Technologies, Godrej Industries and Honeywell Automation. Top reductions were made from Kaynes Tech, Suven Pharma, Endurance Tech, Gillette India and Aegis Logistics for three consecutive months.
The key additions in the mid cap segment were KEI Industries (Rs 15 billion), Wockhardt (Rs 10 billion), and Sagility India (Rs 7 billion). The key reductions were Aditya Birla Fashion and Retail (Rs 2 billion), K E C International (Rs 2 billion), and Central Depository Services (Rs 2 billion).
The top buying in the mid cap segment was seen in KEI Industries, NMDC, Bharti Hexacom, Ashok Leyland, Suzlon Energy while key selling was seen in Voltas, Mphasis, Cummins India, Coforge, Persistent System. New India Assurance was a complete exit.
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In the small cap space, mutual funds added Galaxy Surfactants, Intellect Design, Arvind Ltd, Rashtriya Chemicals and Saregama India for three consecutive months. Key reductions were made from Kirl Ferrous, Cera Sanitary, Tanla Platforms, Just Dial and Symphony for three consecutive months.
The new entries in the small cap segment were C P C L, India Cements, Optiemus Infracom, Choice International. On the other hand, mutual funds made a complete exit from Globus Spirits and Gujarat Ambuja Export.
The significant buying in the small cap space was seen in Wockhardt, Medplus Health, Welspun Corp, PNB Housing, Multi Commodity Exchange while highest selling was seen from BSE, C D S L, Cams Services, Happiest Minds, Sharda Cropchem
The key additions in the small cap space were Zinka Logistics (Rs 4 billion), Medplus Health (Rs 2 billion), and Nazara Technologies (Rs 2 billion). On the other hand, the key reductions were Sharda Cropchem (Rs 1 billion), TD Power System (Rs 1 billion), and Electrosteel Castings (Rs 1 billion).