Buying and selling of top stocks by SBI Mutual Fun

Buying and selling of top stocks by SBI Mutual Fund

by 5paisa Research Team Last Updated: 2022-05-13T13:24:50+05:30

It’s nice to begin your research with what stocks the big fund houses are buying and selling. In this article, we have listed the top stocks that SBI Mutual Fund bought and sold in the month of April 2022.

SBI Mutual Fund is the largest Asset Management Company (AMC), with a quarterly average Assets Under Management (AUM) of Rs 6.47 lakh crore as of March 2022. When compared to the AUM in the December 2021 quarter, it has surged by 3%. Therefore, having a look at what stocks SBI mutual fund is buying and selling can prove to be a good screener for further researching stocks. In this article, we would be listing top ten stocks bought and sold by SBI Mutual Fund.

The net purchase by the SBI Mutual Fund was around Rs 3.68 lakh crore, while the net selling was approximately Rs 9,058 crore.

Below is the list of top stocks that SBI Mutual Fund bought and sold in April 2022.

Company 

Net Buying (Rs Crore) 

ICICI Bank Ltd. 

44,391 

Reliance Industries Ltd. 

42,441 

Infosys Ltd. 

27,366 

State Bank of India 

20,636 

Bharti Airtel Ltd. 

19,297 

Tata Consultancy Services Ltd

19,272 

HDFC Bank Ltd. 

18,600 

Housing Development Finance Corp Ltd

16,257 

ITC Ltd

11,444 

  

Company 

Net Selling (Rs Crore) 

Crompton Greaves Consumer Electricals Ltd. 

-2,516 

Bharat Electronics Ltd. 

-2,292 

Adani Enterprises Ltd. 

-1,538 

Adani Ports & Special Economic Zone Ltd. 

-653 

ICICI Lombard General Insurance Co Ltd. 

-452 

Tata Power Co Ltd. 

-371 

Biocon Ltd. 

-265 

The Federal Bank Ltd. 

-261 

Lupin Ltd

-192 

As can be seen in the above table, SBI Mutual Fund's net purchase was in stocks such as ICICI Bank, Reliance Industries, Infosys, State Bank of India, and others. As there is an investment in index funds and ETFs from the Employee Provident Fund Organisation (EPFO) these large-cap companies may be on the top of AMC’s buying list. 

On the other hand, SBI Mutual Fund sold stocks such as Crompton Greaves Consumer Electricals, Bharat Electronics, Adani Enterprises, Adani Ports & Special Economic Zone, and others.


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