Mutual Funds are the major investors in the stock market and every buying and selling of any particular scrip by them has some serious impact on the stocks’ performance.
As per the SEBI’s guidelines every fund has to disclose its portfolio to the investors as their decision of investing in any particular Mutual fund depend on the portfolio of Investment of that Mutual Fund.
Recently we have witnessed a heavy trail of selling by the Financial Institutional Buyers but strongly supported by the domestic institutional Investors largely by the domestic Mutual Funds which have been quite aggressive over the past 12 months on the back of huge cash inflow after the demonetization and excellent market performance in 2017.
We have noticed the shift of momentum of the investment made during the month of May, 2018 towards financials, technology, consumer and oil & gas stocks instead of capital goods, healthcare, automobiles, metals, infrastructure, cement, utilities,
May was a roller coaster ride for India markets. The Sensex recovered over 1,000 points from its intraday low of 34,302 recorded on May 23. Fund managed used this volatility to dip into quality stocks.
10 largecap stocks in which Mutual Funds have increased their holding are:
| 1 | Housing Development Finance Corporation (HDFC Ltd.), |
| 2 | Infosys |
| 3 | ITC, |
| 4 | HCL Technologies |
| 5 | Maruti Suzuki, |
| 6 | Sun Pharmaceutical Industries, |
| 7 | State Bank of India, |
| 8 | NTPC, |
| 9 | Tata Motors and |
| 10 | HDFC Bank |
10 Midcap stocks where Mutual Funds have increased their holdings includes:
| 1 | Indostar Capital Finance |
| 2 | Mphasis |
| 3 | Orient Electric |
| 4 | Voltas |
| 5 | Balkrishna Industries
|
| 6 | Bharat Financial Inclusion |
| 7 | Tata Chemicals |
| 8 | City Union Bank |
| 9 | Indian Hotels |
| 10 | Aditya Birla Fashion and Retail |
10 largecap stocks which fund managers sold in May include:
| 1 | Power Grid Corporation of India |
| 2 | InterGlobe Aviation |
| 3 | Indian Oil Corporation |
| 4 | Kotak Mahindra Bank |
| 5 | Pidilite Industries |
| 6 | Container Corporation of India |
| 7 | Gail India |
| 8 | Dabur India |
| 9 | Punjab National Bank |
| 10 | Adani Ports |
10 midcap and small cap stocks wherein holding is decreased by the Mutual Funds:
| 1 | Cyient |
| 2 | Repco Home Finance |
| 3 | Crisil |
| 4 | Reliance Infrastructure |
| 5 | PC Jeweller |
| 6 | SRF |
| 7 | Atul |
| 8 | Tata Global Beverages |
| 9 | Tata Communications |
| 10 | KSB Pumps |
Though there is no surety of anything in the stock market but it is quite possible that the stocks in which Mutual Funds have raised their holding may remain in action throughout the June and may show strength even in falling market, whereas the stocks in which Mutual funds have reduced their holding may remain under pressure for short term.