Equity Mutual Fund Schemes Outflow Hits Sixth Consecutive Month

Equity mutual fund schemes outflow hits Sixth consecutive month

Equity Mutual Fund Schemes Outflow Hits Sixth Consecutive Month

Equity Mutual Fund Schemes continued to see the outflow of funds for the sixth sequential month in December 2020, however foreign inflows flexible. Besides, the Mutual funds sold shares worth Rs. 26,513.74 crores. In the meantime, foreign investors invested Rs. 53,499.66 crores. According to the market regulator data, this is the second-largest monthly inflows.

From June 2020, mutual funds have reliably been net sellers. Because they cumulatively offloaded Rs. 1.05 lakh crore shares from June 2020 till January 2021.

According to the AMFI analysis, mutual funds have seen an outflow of Rs. 17,700 crores excluding NFOs in December 2020. Nevertheless, the outflows in December recorded as the highest ever in 2020. Besides, the total outflows in the last six months stood at Rs. 33,000 crores. As per the source, the profit-booking could be the main reason for this move.

However, the stock market has overcome from March lows to hit a fresh record high. Moreover, the border markets also managed to beat the returns of the top-of-the-line.

The Mutual funds have been continued outflows from equity funds. The continuation of this move could be attributed to profit-booking/portfolio rebalancing because markets continue to touch new highs.

Large-cap Stocks:

Top 10 Buys in Large-cap

Market Values (Crs)

Dec-20      Nov-20

Shares (Lakhs)

Dec-20      Nov-20

Bosch Ltd 1,098 834 9 7
Godrej Consumer Products Ltd 1,757 1,284 237 183
Piramal Enterprises Limited 422 326 30 24
Indus Towers Limited 294 242 128 111
Adani Enterprises Ltd 627 452 131 114
Punjab National Bank 312 286 944 855
SBI cards & payment services Limited 2,315 1,979 272 248
Muthoot Finance Limited 2,984 2,602 247 226
Dabur India Ltd 2,900 2,597 543 520
Hindustan Aeronautics Ltd 1,064 985 126 120

 

Top 10 Sells in Large-cap

Market Values (Crs)

Dec-20       Nov-20

Shares (Lakhs)

Dec-20       Nov-20

Vedanta Limited 3,362 3,845 2,083 3,184
Bandhan Bank Ltd 2,153 2,746 535 748
DLF Limited 896 900 385 481
UPL Ltd 1,657 1,769 355 423
Colgate-Palmolive (India) Limited 1,091 1,248 70 82
Interglobe Aviation Ltd 2,480 2,516 144 166
Larsen & Turbo Infotech Limited 2,349 2,348 64 73
SBI Life Insurance Company Ltd 4,355 4,625 482 547
Marico Ltd 1,083 1,107 269 301
Ultratech Cement Limited 10,390 10,444 196 217

Mid-cap:

Top 10 Buys in Midcap

Market Values (Crs)

Dec-20      Nov-20

Shares (Lakhs)

Dec-20       Nov-20

Indian Railway Catering & Tourism Corporation Limited 1,161  172 81 13
GMR Infrastructure Ltd 230 64 869 237
Canara Bank 622 201 483 194
Shriram Transport Finance Company Ltd 387 234 37 22
Polycab India Limited 621 359 60 37
Vodafone Idea Ltd 313 216 2,935 2,200
Bharat Heavy Electricals Limited 285 224 794 682
LIC Housing Finance Ltd 1,301 1,022 360 311
Suven Pharmaceuticals Ltd 383 292 85 74
Mahindra & Mahindra Financial Services Limited 2,367 2,028 1,353 1,186

 

Top 10 Sells in Midcap

Market Values (Crs)

Dec-20      Nov-20

Shares (Lakhs)

Dec-20       Nov-20

AstraZeneca Pharma India Limited 137 215 3 5
Jubilant Life Science Ltd 62 85 7 12
Mahanagar Gas Limited 479 634 45 60
Trent Ltd 1,496 1,974 218 274
Steel Authority of India Limited 434 338 585 698
Castrol India Ltd 366 431 297 344
Tata Chemicals Limited 1,451 1,367 304 349
Apollo Hospitals Enterprise Limited 2,406 2,614 100 111
Tata Power Company Ltd 2,788 2,630 3,686 4,052
Balkrishna Industries Limited 4,763 5,264 289 317

 

Small-cap equity mutual fund schemes: 

Top 10 Buys in Small cap

Market Values (Crs)

Dec-20     Nov-20

Shares (Lakhs)

Dec-20      Nov-20

Borosil Renewables Limited 79 26
Burger King India Ltd 614 352
Mrs Bectors Food Specialities Ltd 161 31
Astec Lifesciences Limited 114 7 9 1
Indiabulls Housing Finance Ltd 256 98 116 52
Birlasoft Limited 993 550 402 278
Tata Coffee Ltd 54 40 52 38
Sudarshan Chemical Industries Limited 168 123 35 26
Jamna Auto Industries Ltd 190 136 308 241
Shoppers Stop Limited 330 245 165 132

 

Top 10 Sells in Smallcap

Market Values (Crs)

Dec-20      Nov-20

Shares (Lakhs)

Dec-20      Nov-20

Entertainment Network (India) Limited 60 93 38 60
Cochin Shipyard Ltd 108 145 29 39
Sundaram Finance Holdings Limited 51 47 67 84
Spicejet Ltd 355 330 374 461
Central Depository Services (India) Limited 451 505 85 103
Schneider Electric Infrastructure Ltd 138 176 164 194
Rail Vikas Nigam Limited 55 59 229 271
Tejas Networks Ltd 97 86 71 84
Shilpa Medicare Limited 88 108 19 23
LT foods Limited 63 68 111 131

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