In February, mutual funds added shares of Indigo, PayTM, and a few more

Due to consistent monthly inflows, mutual funds have purchased stocks, notwithstanding the fluctuations in February.

The Adani Group crisis, which affected market mood and led to a sell-off, caused the Sensex to decline 1% in February. Nonetheless, with a total infusion of Rs. 15,686 cr in February, mutual fund inflows into equity-oriented funds reached a nine-month high.

Fund companies invested in large-cap stocks, including GAIL, Indigo, Tata Motors, and Dabur India. As per ICICI Direct Research, they simultaneously sold Adani equities comprising Adani Ports and SEZ, Adani Enterprises, Adani Total Gas, and Ambuja Cements.

Thematic and small-cap funds saw significant inflows of $3,856 crore and $2,246 crore, respectively. Over the past three quarters, mutual funds’ interest in mid-cap and small-cap stocks has increased.

Data shows systematic investment plans (SIP) inflows were likewise stable, albeit slightly declining to 13,686 crores in February from 13,856 crores in January 2023.

Mutual Funds Going Small

Mutual funds have started investing in mid-cap and small-cap stocks in recent times. Mid-caps and small caps have seen increased interest over the past three quarters; small-cap funds received net inflows of 15,172 crores, while mid-cap funds witnessed inflows of 14,632 crores.

In the past three quarters, less than half as much as mid-cap and small-cap funds reached large-cap funds at 6,392 crores.

Biocon, Coforge, Biocon, and Dr Lal Pathlabs are some of the significant mid-cap stocks mutual funds purchased in February while selling Vodafone Idea, IDFC First Bank, and Canara Bank.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

More like this

Most Active Airlines (daily flights) around the World in...

In the world of the airline industry, connectivity and accessibility reign supreme. Some airlines take these principles...
UPI Sees 6.6% Dip in November but Maintains Strong Year-on-Year Growth

UPI Sees 6.6% Dip in November but Maintains Strong...

The Unified Payments Interface (UPI) continues to be a cornerstone of digital payments in India, processing an...

Breaking: Gautam Adani Faces $265 Million US Bribery and...

In a significant development that has shaken the global business community, US authorities have indicted Gautam Adani,...

India’s UPI Apps Market Share Analysis: October 2024 Report

The UPI market in India continues to evolve, with established players maintaining dominance while new entrants find...
Top 10 Mutual Funds' Favorite Stocks in India as of 2024

Top 10 Mutual Funds’ Favorite Stocks in India as...

Mutual funds play a crucial role in shaping market trends, often identifying stocks that are worth holding...

LATEST NEWS

IND vs PAK: Virat Kohli’s 82nd Century & 1st ever in Champions Trophy wins it for India

Virat Kohli Century: The Milestone That Shook the Cricketing WorldBreaking Records, Shattering ExpectationsThe Numbers That Tell a StoryKohli’s Remarkable ODI JourneyIND vs PAK -...

IND vs PAK: Rohit Sharma and India Set an Unwanted Record in the Champions Trophy

In the high-stakes world of international cricket, where every match between India and Pakistan is more than just a game, something unexpected happened during...

AMD & Intel Gain GPU Market Share in Korea as NVIDIA Struggles with Availability

The GPU landscape is shifting in 2025, and for once, it's not NVIDIA dominating the charts. AMD and Intel are making significant strides in...

GIGABYTE RTX 50 Series Graphics Cards Now Available: All We Know

Attention gamers, tech enthusiasts, and performance seekers! GIGABYTE has just dropped a graphics card lineup that’s about to redefine your computing experience. The GeForce...

Featured