Top 10 Stocks Mutual Funds Bought and Sold in December

Top 10 Mutual Fund AMCs by Equity AUM

Every month, the buy and sell action of mutual funds is watched quite closely. The large funds by equity AUM do have a strong influence on the market sentiments since investors tend to follow what the big names in the fund industry are buying and selling. Here we look at the top 10 mutual fund AMCs by equity AUM and evaluate them at 2 levels. Firstly, we look at the stocks they bought and at the large-cap holdings that they tweaked in November 2022. 

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How SBI Mutual Fund tweaked its portfolio in December 2022

Let us first look at the shares that SBI Mutual Fund bought in the month of December 2022, across market cap classes. In terms of MOM percentage increase, SBI MF added to its positions in HDFC Bank, Axis Bank and ITC. It also added Reliance Industries, L&T, Bharti Airtel and HDFC to its portfolio in the month.

Among the major stocks, SBI Mutual Fund did not make any serious reductions in stock holdings. However, it stayed flat to neutral in stocks like ICICI Bank, Infosys and SBI. The fund’s top 3 mid-cap picks for the month of December 2022 included Bank of Baroda, Persistent Systems and Krishna Institute of Medical Sciences (KIMS).

How ICICI Prudential Mutual Fund tweaked its portfolio in December 2022

Let us first look at what are the shares that ICICI Prudential Mutual Fund bought in the month of December 2022, across market cap classes. In terms of MOM percentage increase, ICICI Prudential Mutual Fund added to its positions in NTPC Ltd, ONGC, Bharti Airtel and in ONGC Ltd.

There were several stocks in which ICICI Prudential Mutual Fund cut positions. These included stocks like Axis Bank, HFDC Bank and ICICI Bank. In addition, the fund also stayed neutral on stocks like Reliance Industries, SBI and L&T. The fund’s top 3 mid-cap picks for the month of December 2022 included Ajanta Pharma, Sun TV Network and PCBL Ltd.

How HDFC Mutual Fund tweaked its portfolio in December 2022

Let us first look at what are the shares that HDFC Mutual Fund bought in the month of December 2022, across market cap classes. In terms of MOM percentage increase, HDFC Mutual Fund added to its positions in Axis Bank, HDFC Bank, ICICI Bank, Infosys, Reliance Industries and HDFC.

There were several stocks in which HDFC Mutual Fund cut positions. These included stocks like State Bank of India and L&T. In addition, the fund also stayed neutral on stocks like NTPC Ltd for the month of December. The fund’s top 3 mid-cap picks for the month of December 2022 included Bosch Ltd, Dixon Technologies and Navin Fluorine.

How Nippon India Mutual Fund tweaked its portfolio in December 2022

Let us first look at what are the shares that Nippon India Mutual Fund bought in the month of December 2022, across market cap classes. In terms of MOM percentage increase, Nippon India MF added to its positions in NTPC Ltd, Reliance Industries Ltd and Power Grid Ltd.

There were several stocks in which Nippon India Mutual Fund cut positions. These included stocks like HDFC Bank, Axis Bank, ICICI Bank, L&T, ONGC and Infosys Ltd. In addition, the fund also stayed neutral on stocks like the State Bank of India. The fund’s top 3 mid-cap picks for the month of December 2022 included PB Fintech, Gujarat Fluorochemicals and HPCL.

How UTI Mutual Fund tweaked its portfolio in December 2022

Let us first look at what are the shares that UTI Mutual Fund bought in the month of December 2022, across market cap classes. In terms of MOM percentage increase, UTI MF added to its positions in Axis Bank, Kotak Mahindra Bank, ICICI Bank, HDFC Bank, Reliance Infosys, HDFC, Bajaj Finance and Bharti Airtel.

Here are the stocks in which UTI Mutual Fund cut positions. UTI Fund only cut its position in TCS during the month of December 2022. It did not remain neutral on any stock. The fund’s top 3 mid-cap picks for the month of December 2022 included IDFC First Bank, Canara Bank and Trent Ltd.

How Aditya Birla Sun Life (ABSL) Mutual Fund tweaked its portfolio in December 2022

Let us first look at what are the shares that ABSL Mutual Fund bought in the month of December 2022, across market cap classes. In terms of MOM percentage increase, ABSL MF added to its positions in Sun Pharma and Bharti Airtel.

There were several stocks in which Aditya Birla Sun Life Mutual Fund cut positions. These included stocks like Axis Bank, Infosys, HDFC Bank, Reliance, L&T and HDFC Ltd. In addition, the fund also stayed neutral on ICICI Bank Ltd. The fund’s top 3 mid-cap picks for the month of December 2022 included Ajanta Pharma, Go Fashions and GNFC Ltd.

How Axis Mutual Fund tweaked its portfolio in December 2022

Let us first look at what are the shares that Axis Mutual Fund bought in the month of December 2022, across market cap classes. In terms of MOM percentage increase, Axis MF added to its positions in TCS, being the sold large stock that Axis MF bought.

There were several stocks in which Axis Mutual Fund cut positions. These included stocks like ICICI Bank, Info-Edge, Bajaj Finserv, Avenue Supermarts and HDFC Bank. In addition, the fund also stayed neutral on stocks like HDFC, Infosys and Pidilite Industries. The fund’s top 3 mid-cap picks for the month of December 2022 included KPR Mills, Vinati Organics and M&M Financial Services.

How Kotak Mahindra Mutual Fund tweaked its portfolio in December 2022

Let us first look at what are the shares that Kotak Mahindra Mutual Fund bought in the month of December 2022, across market cap classes. In terms of MOM percentage increase, Kotak Mahindra MF added Reliance Industries, Infosys Ltd and Ultratech Cements Ltd.

There were several stocks in which Kotak Mahindra Mutual Fund cut positions. These included stocks like HDFC Bank, SBI, Axis Bank, Maruti Suzuki and L&T. In addition, the fund also stayed neutral on stocks like ICICI Bank Ltd and SRF Ltd. The fund’s top mid-cap picks for the month of December 2022 included Apollo Tyres and Laurus Labs.

How Mirae Mutual Fund tweaked its portfolio in December 2022

Mirae Mutual Fund bought a large chunk of Maruti Suzuki followed by Infosys Ltd during the month of December. There were several stocks in which Mirae Mutual Fund cut positions. These included stocks like Bharti Airtel, Axis Bank, TCS, SBI, ICICI Bank and L&T. In addition, the fund also stayed neutral on stocks like HDFC Bank and Reliance Industries Ltd.

The fund’s top 3 mid-cap picks for the month of December 2022 included Sapphire Foods, Ashok Leyland and Century Plyboards.

How DSP Mutual Fund tweaked its portfolio in December 2022

DSP Mutual Fund bought a large chunk of Bajaj Finance followed by Emami Ltd and Axis Bank during the month of December. There were several stocks in which DSP Mutual Fund cut positions. These included stocks like HCL Technologies, Infosys Ltd, Supreme Industries, HDFC Bank and ICICI Bank. In addition, the fund also stayed neutral on stocks like Atul Ltd and IPCA Laboratories.

The fund’s top 3 mid-cap picks for the month of December 2022 included Jubilant Ingrevia, JK Lakshmi Cements and Rainbow Children’s Medicare.