Mutual funds increase bets in Infosys, HDFC Bank and Reliance Industries

Mutual funds increase bets in Infosys, HDFC Bank and Reliance Industries

by 5paisa Research Team Last Updated: Jun 15, 2022, 05:57 PM IST

Markets have been sliding down due to various global as well as domestic concerns but in such times MFs bets on giants like Infosys, HDFC Bank and Reliance Industries. Read on to find out more.

Nifty 50 extended its decline to close below the crucial level of 15,700 at 15,692.15 down by 39.95 points (0.25%). However, Nifty 50 futures closed near 15,700 levels. Therefore, it would be interesting to see how Nifty 50 futures behave during the weekly expiry slated tomorrow.

If it decisively closes below 15,700 levels then it is likely to touch 15,450 to 15,500 levels and can also extend the fall towards 15,000 levels. However, inflationary concerns are paramount globally which has led central banks around the world toward a rate hike.

As a result, we are facing the heat of continuous selling from the Foreign Institutional Investors (FII). But if we look at the Domestic Institutional Investors (DII) data from October 2021, when the actual decline began, then they have been net buyers.

DII Flows (Rs Crores) 

Date 

Gross Purchase 

Gross Sales 

Net Purchase / Sales 

May-22 

1,48,569.75 

97,734.21 

50,835.54 

Apr-22 

1,41,508.11 

1,11,638.59 

29,869.52 

Mar-22 

1,71,963.59 

1,32,286.56 

39,677.03 

Feb-22 

1,45,477.51 

1,03,393.44 

42,084.07 

Jan-22 

1,41,934.87 

1,20,006.47 

21,928.40 

Dec-21 

1,36,077.68 

1,04,846.63 

31,231.05 

Nov-21 

1,36,049.58 

1,05,489.31 

30,560.27 

Oct-21 

1,51,607.74 

1,47,136.75 

4,470.99 

As can be seen, there has been an incremental net buying from the DIIs, while the FIIs were selling. Therefore, in this article, we would be focusing on stocks that were the top bets of the mutual funds.

Top 10 stocks where Mutual Funds made highest buying in May 2022 

Stock Name 

Sector 

Asset Class 

Net Qty Bought 

Approx. Buy Value (Rs Crore) 

Infosys 

Technology 

Large-Cap 

3,66,27,287 

5,625 

HDFC Bank 

Financials 

Large-Cap 

2,86,03,591 

3,967 

LIC 

Financials 

Large-Cap 

4,82,74,665 

3,917 

Reliance Industries 

Energy 

Large-Cap 

96,97,252 

2,629 

Delhivery 

Logistics 

Mid-Cap 

4,57,40,738 

2,425 

TCS 

Technology 

Large-Cap 

64,53,527 

2,230 

ICICI Bank 

Financials 

Large-Cap 

2,80,03,929 

2,095 

HDFC 

Financials 

Large-Cap 

50,24,820 

1,140 

Maruti Suzuki 

Automobile 

Large-Cap 

14,28,901 

1,121 

  

Top 5 sectors that witnessed buying from MFs in May 2022 

Sector 

Contribution (%) 

Financials 

31.6 

Technology 

19.6 

Energy 

7.9 

Automobile and Ancillaries 

7.8 

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. Also, The
SENSEX
52,907.93
-111.01 (-0.21%)
Nifty 50
15,752.05
-28.20 (-0.18%)
Nifty Bank
33,539.45
114.35 (0.34%)

Open Free Demat Account

& get benefits worth 2100*

 
Resend OTP
Please Enter OTP
  • Have Promo code?
  • Use code ACT2100
Enter Promo code

By proceeding, you agree to the T&C.

SENSEX
52,907.93
-111.01 (-0.21%)
Nifty 50
15,752.05
-28.20 (-0.18%)
Nifty Bank
33,539.45
114.35 (0.34%)

Start Investing Now!

Open Free Demat Account in 5 mins

Enter Valid Mobile Number