Domestic Mutual Funds have bought shares worth Rs 2.22 lakh crore in the past year after selling shares worth ₹90,000 crores in the previous year. For the last few quarters, mutual funds have increased their holdings in Mid-cap stocks.
Here are a few stocks that mutual fund houses have been buying consistently for the last eight quarters.
Orient Electric Limited
Mutual funds hold a combined 28.12% stake in the company as of June 2022. In fact, they have been buying the share for the last eight quarters consecutively. Some of the major fund houses that have increased their holdings this quarter include:
- Mirae Asset Focused Fund Regular Growth added 13,70,907 shares of the company in the June quarter which makes up for 3.5% of their total Asset Under Management.
- ICICI Prudential Housing Opportunities Fund Regular Growth added 2,85,957 shares of the company in the June quarter making up for 1.25% of their total Asset Under Management.
V Mart Retail Limited
Mutual funds hold a combined 25.56% stake in the company as of June 2022. Some of the major fund houses that have increased their holdings this quarter include:
- ICICI Prudential Smallcap Fund Growth added 93,111 shares of the company in the June quarter which makes up for 3.14% of their total Asset Under Management.
- Kotak Small Cap Growth added 85,268 shares of the company in the June quarter making up for 0.90% of their total Asset Under Management.
Bharat Forge Limited
Mutual funds hold a combined 18.9% stake in the company as of June 2022. Some of the major fund houses that have increased their holdings this quarter include:
- Kotak Flexicap Fund Growth added 56,00,000 shares of the company in the June quarter which makes up for 1.09% of their total Asset Under Management.
- DSP Midcap Fund Growth added 53,62,307 shares of the company in the June quarter making up 2.80% of their total Asset Under Management.
Radico Khaitan Limited
Mutual funds hold a combined 18.74% stake in the company as of June 2022. Some of the major fund houses that have increased their holdings this quarter include:
- PGIM India Midcap Opportunities Fund Regular Growth added 2,42,928 shares of the company in the June quarter which makes up for 2.73% of their total Asset Under Management.
- Tata Flexi Cap Fund Regular Growth added 1,98,478 shares of the company in the June quarter making up 0.86% of their total Asset Under Management.
Birlasoft Limited
Mutual funds hold a combined 18.24% stake in the company as of June 2022. Some of the major fund houses that have increased their holdings this quarter include:
- Axis Small Cap Fund Regular Growth added 11,21,887 shares of the company in the June quarter which makes up for 3.57% of their total Asset Under Management.
- Axis Multicap Fund Regular Growth added 4,47,694 shares of the company in the June quarter making up 2.89% of their total Asset Under Management.
Fortis Healthcare Limited
Mutual funds hold a combined 16.25% stake in the company as of June 2022. Some of the major fund houses that have increased their holdings this quarter include:
- Axis Midcap Fund Growth added 11,78,217 shares of the company in the June quarter which makes up for 0.49% of their total Asset Under Management.
- Sundaram Services Regular Growth added 12,01,373 shares of the company in the June quarter making up 1.45% of their total Asset Under Management.
Disclaimer
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