Stocks attracting Fund Managers in November 2021

Stocks attracting Fund Managers in November 2021

by 5paisa Research Team Last Updated: Dec 14, 2021 - 12:33 pm 43.3k Views
Listen icon

In November 2021, domestic institutional investors (DII) lend support to the market when foreign institutional investors (FII) were selling domestic equity.

The month of November 2021 saw prominent equity indices falling by approximately 4% on the back of relentless selling by FIIs. Nevertheless, DIIs and especially mutual fund schemes bought into domestic equity and supported the Indian equity market. Now, you must be eager to know what the mutual fund managers bought.

So, let’s know which stocks attracted fund managers in November 2021.

In November 2021, Bank and Technology ruled the roost when it comes to investment from mutual funds. These two sectors were on the top of the fund managers’ buying list.
 

Top 10 Companies among Largecap where MFs were Net Buyers in November 2021.  

Stock Name  

Sector  

Net Qty Bought  

Approx. Buy Value(In Rs. cr) *  

Reliance Industries Ltd.  

Energy  

39475409  

9754.5  

Axis Bank Ltd.  

Financials  

54207597  

3788.4  

ICICI Bank Ltd.  

Financials  

44443179  

3369.7  

PB Fintech Ltd.  

Retail and Other Services  

11689840  

1421  

HDFC Bank Ltd.  

Financials  

9062668  

1394  

HCL Technologies Ltd.  

Technology  

11112586  

1268.2  

Infosys Ltd.  

Technology  

6690113  

1130.8  

FSN E-Commerce Ventures Ltd.  

Retail and Other Services  

5885879  

1049.3  

Mahindra & Mahindra Ltd.  

Automobile and Ancillaries  

11418137  

981.81  

One97 Communications Ltd.  

Retail and Other Services  

5753132  

977.8  

The above table shows that in November 2021, among large-cap, mutual funds preferred the financial sector including banks. In the top ten, three are banks and a couple of them have recently come out with their IPO.

In the case of Midcap stocks, there is no clear cut trend though there are a couple of pharma names where MF have increased their stake in the month of November 2021.

Top 10 Companies among Smallcap where MFs were Net Buyers in November 2021

Stock Name  

Sector  

Net Qty Bought  

Approx. Buy Value(In Rs. cr) *  

Go Fashion (India) Ltd.  

Retail and Other Services  

5323393  

667.39  

Latent View Analytics Ltd.  

Miscellaneous  

8701972  

571.24  

Indiabulls Housing Finance Ltd.  

Financials  

21761258  

485.06  

Zensar Technologies Ltd.  

Technology  

8197508  

372.25  

SJS Enterprises Ltd.  

Miscellaneous  

4574229  

199.12  

Glenmark Pharmaceuticals Ltd.  

Healthcare  

2700348  

138.76  

RBL Bank Ltd.  

Financials  

7395797  

134.31  

Sapphire Foods India Ltd.  

FMCG  

1077135  

109.91  

Fino Payments Bank Ltd.  

Financials  

2130645  

109.09  

The Phoenix Mills Ltd.  

Construction  

958670  

91.64  

Among smallcap stocks, the highest number of stocks where MF increased their stake in November are also newly listed. Four out of 10 companies where MF managers increased their stake highest in November 2021 have come out with IPO.

The intention of the above analysis is only to understand the activity of mutual funds and gauge the fund managers’ approach and it is by no means, a recommendation to buy or sell. It is always advisable to have a financial plan in place, which must be followed with discipline and investments in mutual funds being made to be based on your risk assessment.

Share Market Today


How do you rate this article?

Start Investing in 5 mins*

Rs. 20 Flat Per Order | 0% Brokerage

378X91-D3

About the Author

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


Enjoy 0%* Brokerage with 5paisa
Resend OTP
Please Enter OTP
Mobile No. belongs to

By proceeding, you agree to the T&C.

Latest News
Trust Fintech IPO Subscribed 108.63 times

Trust Fintech IPO is book-built issue of ₹63.45 crores, consisting entirely of fresh issue shares totalling 62.82 lakh. Trust Fintech IPO commenced its subscription period on March 26, 2024, & concludes today, March 28, 2024.

Aspire & Innovative IPO Subscribed 15.17 times

Aspire & Innovative IPO is a book built issue of Rs 21.97 crores. The issue comprises entirely a fresh issue of 40.68 lakh shares. Aspire & Innovative IPO opens for subscription on March 26, 2024, and closes on March 28, 2024. The allotment for the Aspire & Innovative IPO is expected to be finalized on Monday, April 1, 2024.

Blue Pebble IPO Subscribed 56.32 times

Blue Pebble IPO, valued at ₹18.14 crores, comprises fresh issue of 10.8 lakh shares. Commencing subscription on March 26, 2024, Blue Pebble IPO is set to conclude on March 28, 2024. Allotment process is scheduled to be finalized by Monday, April 1, 2024. Following this, IPO is slated to debut on NSE SME, with tentative listing date of Wednesday, April 3, 2024.