Fund manager’s favourite stock in September 2021.

Fund manager’s favourite stock in September 2021.

by 5paisa Research Team Last Updated: 2022-12-16T16:14:47+05:30

Financials remain the favourite stock of fund managers in the month of September 2021.

The month of September 2021 saw Nifty 50 inching up by almost 3%, while the broader market is up by almost 5%. The Nifty Bank that has been underperforming for a long was also up by 4.5% in September 2021. This is also reflected in the purchases made by domestic mutual fund managers last month. Out of the top 10 stocks where fund managers were most bullish among large-cap in September 2021, six were from the financial sector. SBI Cards and Payment Services was the stock where around Rs 1285 crore worth of shares was purchased by fund managers.

Following table shows the shares where MFs invested most in September 2021:

Large-Cap stocks

Stock Name 

Sector 

Net Qty Bought 

Approx. Buy Value(In Rs. cr) 

SBI Cards And Payment Services Ltd. 

Financials 

11844889 

1285.26 

HDFC Bank Ltd. 

Financials 

6807882 

1081.23 

SBI Life Insurance Company Ltd. 

Financials 

7788557 

937.41 

Axis Bank Ltd. 

Financials 

10827092 

840.76 

Bajaj Finance Ltd. 

Financials 

1061178 

806.1 

Adani Enterprises Ltd. 

Miscellaneous 

4255194 

650.13 

Bajaj Finserv Ltd. 

Financials 

345665 

603.77 

Bajaj Auto Ltd. 

Automobile and Ancillaries 

1576452 

595.91 

Tech Mahindra Ltd. 

Technology 

3383743 

478.5 

Power Grid Corporation Of India Ltd. 

Energy 

26018509 

475.22 

  

Mid-Cap Stocks

Stock Name 

Sector 

Net Qty Bought 

Approx. Buy Value(In Rs. cr) 

Max Healthcare Institute Ltd. 

Healthcare 

52457815 

1954.18 

Ashok Leyland Ltd. 

Automobile and Ancillaries 

48093037 

616.91 

Bharat Forge Ltd. 

Automobile and Ancillaries 

5728799 

430.99 

Aditya Birla Sun Life AMC Ltd. 

Financials 

5266140 

374.95 

Bata India Ltd. 

Retail and Other Services 

1699789 

301.71 

Coforge Ltd. 

Technology 

549741 

287.24 

Canara Bank 

Financials 

16117977 

267.64 

Oberoi Realty Ltd. 

Construction 

2754279 

229.68 

Vodafone Idea Ltd. 

Media and Communications 

237559131 

213.8 

The Phoenix Mills Ltd. 

Construction 

2246445 

204.56 

  

 Small-Cap Stocks

Stock Name 

Sector 

Net Qty Bought 

Approx. Buy Value(In Rs. cr) 

Vijaya Diagnostic Centre Ltd. 

Healthcare 

14447792 

823.45 

Multi Commodity Exchange Of India Ltd. 

Financials 

1544906 

245.35 

Sansera Engineering Ltd. 

Automobile and Ancillaries 

3005483 

242.27 

Cyient Ltd. 

Technology 

2250869 

229.61 

Can Fin Homes Ltd. 

Financials 

2696066 

169.55 

V-Guard Industries Ltd. 

Capital Goods 

5605192 

140.52 

AMI Organics Ltd. 

Healthcare 

1009251 

129.46 

JB Chemicals & Pharmaceuticals Ltd. 

Healthcare 

724054 

129.23 

Arvind Fashions Ltd. 

Retail and Other Services 

4856220 

126.5 

eClerx Services Ltd. 

Technology 

494353 

109.44 


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