WHAT DID

MUTUAL FUNDS

Mutual funds in India were seen actively buying large-cap, mid-cap, and small-cap stocks in March 2023, as per data from ICICI Direct and Ace Equity.

BUY IN MARCH?

LARGE-CAP SPACE

Samvardhana Motherson International

Hindustan Aeronautics

Marico

IRCTC

IOCL

Bosch

Power Grid

Tata Motors

BPCL

Interglobe Aviation

These large-cap stocks belong to various sectors such as auto, aviation, FMCG, and energy, indicating that mutual funds were looking for a well-diversified portfolio.

MID-CAP SEGMENT

HDFC AMC

Piramal Enterprises

Devyani International

Biocon

NMDC

BHEL

Sun TV

Sonal BLW

Star Health

Gillette

Stocks in mid-cap segment belong to sectors such as healthcare, infrastructure, and media, among others.

SMALL-CAP SPACE

Capri Global

Data Patterns

Kirloskar Oil Engines

Usha Martin

Home First Finance

Mahindra CIE

Wonderla Holidays

CE Infosystems

Rain Industries

Healthcare Global

These small-cap stocks belong to sectors such as finance, engineering, and healthcare, indicating that mutual funds were looking to invest in sectors with potential for growth.

WHAT DID MUTUAL FUNDS SELL IN MARCH?

LARGE-CAP STOCKS

Hindustan Zinc

Vedanta

Adani Ports

Adani Green

Adani Transmission

SRF

Britannia

GAIL

Ambuja Cements

Adani Total Gas

These large-cap stocks belong to various sectors such as metals, infrastructure, and FMCG, indicating that mutual funds were looking to exit from these sectors.

MID-CAP SEGMENT

Patanjali

Yes Bank

PB Fintech

GMR Infra

Aditya Birla

IRFC

Max Healthcare

L&T Technology Services

Astral Ltd

Concor

Stocks in this mid-cap segment belong to sectors such as healthcare, IT, and infrastructure, among others.

SMALL-CAP SPACE

MGL

SH Kelkar

Jagran Prakashan

IIFL Finance

Orient Cement

Quess Corp

Stove Kraft

Jindal Stainless

TCNS Clothing

WPIL

These small-cap stocks belong to sectors such as finance, engineering, and media, indicating that mutual funds were looking to exit from some of these names which could be due to profit booking and also weakness in growth prospects as well.

AMC-wise Top Buys

SBI AMC - Firstsource Solutions

ICICI Prudential AMC - Divgi Torq Transfer

Nippon AMC - Data Patterns

HDFC AMC - Red Tape

UTI AMC - NMDC

Aditya Birla Sunlife - Gokaldas Exports

Kotak Mahindra AMC - Glenmark Pharma

Axis AMC - Federal Bank

Mirae AMC – NMDC

DSP AMC - Kirloskar Oil Engines

In conclusion, mutual funds in India were seen actively buying stocks across various segments and sectors, indicating that they were looking for a well-diversified portfolio.