Stocks that fund managers sold in September 2021.

Telecom seems to be out of favour for domestic fund managers in the month of September 2021. 

Those investors who are always on the lookout for what the big investors are doing and try to imitate them will be a rude shock to know that mutual funds sold more than Rs 1000 crore worth of Reliance Industries shares in the month of September 2021. Despite such selling, the share price gained 11%. This is not the only case, even Bharti Airtel gained 6% where mutual funds sold Rs 5500 crore worth of shares in the month of September 2021. 

Overall, there was no specific trend in the top 10 stocks where mutual funds lightened their position. Nonetheless, companies from the healthcare sector saw the selling pressure and there were eight companies out of the top 50 from this sector, where mutual funds were net sellers in the month of September 2021. IRCT is another counter where MFs remain net sellers in the month of September 2021. 

In the following tables, we will give you a glimpse of top large-cap, mid-cap, and small-cap companies where domestic mutual funds were net sellers in the month of September 2021.