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10 stocks that top mutual funds bought & sold in February

Sumary of 10 stocks that top mutual funds bought & sold in February:

  • Portfolio reshuffle As the equity assets under management (AUM) of mutual funds touched a new record high of Rs 10 lakh crore in February, money managers hiked allocation to stocks from sectors such as PSU banks, private banks, oil and gas, capital goods and utilities, and decreased weights in technology, auto, consumer, healthcare and telecom…
  • With an allocation of 18.4 per cent in their portfolios, private banks were the top holding for mutual funds in February 2021, followed by technology (10.9 per cent), NBFCs (8.9 per cent), and oil &..
  • Here is a list of 10 stocks that mutual funds bought and sold the most, according to a report by Motilal Oswale Tata Motors Tata Motors, in which ace investor Rakesh Jhunjhunwala bought a stake last year, appeared to be the favourite of fund managers in February…
  • Cumulatively, the holding of all mutual funds in Tata Motors went up by 13.3 per cent on a month-on-month basis…
  • HDFC Mutual Fund bought 74,09,000 shares while Canara Robeco bought 40,00,000 shares of the Tata Group company…
  • IndusInd Bank Mutual funds increased their holding in IndusInd Bank by 10.9 per cent, their second highest conviction bet in the month…
  • Nippon India bought 18,98,000 shares of the blue chip, while UTI bought 257,000 shares and Invesco 11,40,000 shares…
  • Last month, Morgan Stanley had retained its ‘overweight’ call on IndusInd Bank while global brokerage CLSA had recently maintained its bullish stance with a target price of Rs 1,325…
  • NTPC was the seventh largest investment for HDFC Mutual Fund that bought 1,87,06,000 shares of the power major in February….

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