Mutual Funds Bought And Sold In September
Since the last four months, only three mutual funds have been the first place in inflows of Indian stocks. HDFC, ICICI Prudential, and SBI are the top three mutual funds bought and sold in September. Inflows into Indian stock funds prevented a four-month rising strip even as the $2 trillion equity market logged its best September in six years after the corporate tax cut rates. Net inflows into equity and equity savings fund received Rs 6,610 crores in September, according to the AMFI. This is 28% lower than the funding collected in August.
HDFC Mutual Fund
The most notable finance services company in India is the Housing Development Finance Corporation Limited (HDFC). It is India’s top money manager. HDFC has held about $20 billion in equities, with financials accounting for 31% of stock assets followed by industrial groups at 14%, as in September. Compared to the previous month’s (August) data, in September, minor changes have occurred the stake of HDFC.
|ICICI Prudential Life||1,800,000 ↑↓|
|Astral Poly Technik||638,708 ↑|
|National Aluminium||-600,000 ↓|
|Wonderla Holidays||-475,649 ↓|
|State Bank Of India||10,539,228 ↑|
|Axis Bank||4,782,684 ↑|
|Ashok Leyland||-1,452,000 ↓|
ICICI Prudential Mutual Fund
ICICI Prudential Mutual Fund is the second largest AMC in India. As of the report, $18 billion of equity assets held by ICICI Prudential MF. The financials making up 28% of followed by materials at 10%.
|ICICI Prudential Nifty ETF Fund||3,137,721 ↑|
|Wheels India||850,103 ↑|
|Altria Group||27,724 ↑|
|Techno Electric & Engineering||-209,472 ↓|
|Tata Steel Party Paid Shares||-100,109 ↓|
|EPSE ETF||-62,855 ↓|
|ICICI Prudential Bluechip Fund||39,840,294 ↑|
|Srei Equipment Finance||31,536,846 ↑|
|ICICI Prudential Money Market Fund||17,473,855 ↑|
|Tata Power||-14,679,147 ↓|
|Motherson Sumi||-3,264,773 ↓|
SBI Mutual Fund Bought And Sold In September
SBI Mutual Fund is one of India’s top three mutuals funds that bought and sold in the last month. The fund house held about $24 billion in more than 300 stocks. Financials made up about 40 percent of assets, followed by technology at 10 percent.
|City Union Bank||2,280,000 ↑|
|Bahadur Chand Investment||940,000 ↑|
|Cooperative Rabobank||360,000 ↑|
|Tata Power Renewable Energy||-2,000,000 ↓|
|Eris Lifesciences||-823,838 ↓|
|NBCC India||-510,000 ↓|
|Axis Bank||19,155,266 ↑|
|ICICI Lombard General Insurance||8,101,614 ↑|
|Vedanta Ltd.||5,631,112 ↑|
|Tata Power||-45,595,618 ↓|
|Vodafone Idea||-41,036,443 ↓|
|Indian Energy Exchange||-7,939,428 ↓|
The information has been taken from official news site.