Top 10 stocks bought and sold by SBI Mutual Fund in August 2022

Top 10 stocks bought and sold by SBI Mutual Fund in August 2022

Mutual Funds
by 5paisa Research Team Last Updated: 2022-09-15T14:49:37+05:30

Markets traded range bound in August 2022. This article explores the top 10 stocks bought and sold by SBI Asset Management Company (AMC) in August 2022.

Although markets are witnessing wild swings at present, in August 2022, it was quite range bound. At the times when we are witnessing a trend reversal in Foreign Institutional Investors (FII) flows, mutual fund investors seem to have turned cautious.

According to the latest data resealed by the Association of Mutual Funds in India (AMFI), the net inflow in mutual funds were at a 10-month low of Rs 6,100 crore. Historically, studies have shown that investors get cautious when markets are at their all-time high followed by a correction.

On the flip side, the monthly Systematic Investment Plan (SIP) attained an all-time high and seems to be robust at Rs 12,693.45 crore. Even the number of SIP accounts attained an all-time high at 5.71 crore with a record high SIP Assets Under Management (AUM) of Rs 6.39 lakh crore in August 2022.

Having said that, looking at the buying and selling trend of AMCs gives a fair idea about its stance. In this article, we would be looking at the buying and selling trends of SBI Mutual Fund. SBI Mutual Fund still holds the top position based on AUM.

This AMC experienced 25% growth in AUM in June 2022 quarter compared with that of the previous quarter. Hence, looking at the buying and selling pattern makes more sense.

Top 10 stocks bought by SBI Mutual Fund in August 2022 

Company Name 

Market Value 
(Rs Crore)
 

Reliance Industries Ltd

42,507 

HDFC Bank Ltd. 

35,175 

ICICI Bank Ltd. 

27,613 

Infosys Ltd. 

24,911 

Housing Development Finance Corp Ltd. 

18,017 

Tata Consultancy Services Ltd. 

14,747 

ITC Ltd. 

14,523 

Kotak Mahindra Bank Ltd

14,162 

Hindustan Unilever Ltd. 

11,388 

State Bank of India 

9,041 

  

Top 10 stocks sold by SBI Mutual Fund in August 2022 

Company Name 

Market Value 
(Rs Crore) 

Muthoot Finance Ltd. 

8,062 

Adani Enterprises Ltd. 

4,343 

Shree Cement Ltd

3,435 

Godrej Properties Ltd. 

2,576 

Bharat Electronics Ltd. 

2,570 

InterGlobe Aviation Ltd. 

2,542 

Grindwell Norton Ltd. 

2,217 

DLF Ltd. 

1,823 

The Federal Bank Ltd. 

1,022 

Zee Entertainment Enterprises Ltd. 

995 

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About the Author

Our research team is composed of some highly qualified research professionals, their expertise range across sectors.

Disclaimer

Investment/Trading in securities Market is subject to market risk, past performance is not a guarantee of future performance. The risk of loss in trading and investment in Securities markets including Equites and Derivatives can be substantial.

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