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 IST

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.

SENSEX
54,708.06
381.67 (0.70%)
Nifty 50
16,341.50
75.35 (0.46%)
Nifty Bank
34,609.40
333.00 (0.97%)
Next Article

Open Free Demat Account

& get benefits worth 5100*

 
Resend OTP
Please Enter OTP
  • Have Promo code?
  • Use code ACT5100
Enter Promo code

By proceeding, you agree to the T&C.

SENSEX
54,708.06
381.67 (0.70%)
Nifty 50
16,341.50
75.35 (0.46%)
Nifty Bank
34,609.40
333.00 (0.97%)

Start Investing Now!

Open Free Demat Account in 5 mins

Enter Valid Mobile Number