Inflows into equity funds declined further to hit a 5-month low during October to Rs 6,000 crore from Rs 6,600 crore in September 2019 despite a rise in equity markets. Meanwhile, SIP inflows remained strong at Rs 8,122 crore and assets of mutual funds grew by over 7 percent in October. Here's a list of top 30 stocks, from ICICI Securities, that fund managers bought and sold the most in October:
Among large caps, ICICI Lombard, Bharti Infratel, United Breweries, HDFC AMC and Bajaj Finserv witnessed the highest buying during October 2019. (Source: ICICI Direct Research)
Large-cap stocks, which saw selling by AMCs on a consolidated level were Zee Entertainment, Godrej Consumer, Berger Paints, NMDC and Siemens. (Source: ICICI Direct Research)
In midcaps, stocks like Godrej Industries, Motilal Oswal Financial Services, 3M, Escorts and NBCC witnessed buying during October 2019. (Source: ICICI Direct Research)
Midcap stocks, which saw selling by AMCs were GMR Infra, Adani Power, Castrol India, RBL Bank and Sterlite Technologies. (Source: ICICI Direct Research)
In small-caps, stocks like Bajaj Consumer Care, J Kumar Infra, Fortis Healthcare, PVR and Can Fin Homes witnessed the highest buying during October 2019. (Source: ICICI Direct Research)
Small-cap stocks, which saw selling by AMCs were Asahi India Glass, Zensar Technologies, Rites, Ircon International and South Indian Bank. (Source: ICICI Direct Research)