Top 10 Stocks Mutual Funds Bought and Sold In November 2022

How Mutual Funds overall bought and sold stocks in November 2022

Every month, the buy and sell action of mutual funds are 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 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 November 2022

Let us first look at what are the shares that SBI Mutual Fund bought in the month of November 2022, across market cap classes. In terms of MOM percentage increase, SBI MF added to its positions in Havells, Voltas and Sundaram Finance. It also added recently listed Global Health (Medanta) and also added to its positions in Prism Johnson. 
Among the large caps, SBI Mutual Fund enhanced its positions in HDFC Bank, HDFC, SBI and Bharti Airtel. However, among the large cap holdings, SBI Mutual Fund pared its holdings in stocks like ICICI Bank, ITC Ltd, Kotak Mahindra Bank and Axis Bank. Overall, the fund has been paring its positions in large banks, excepting HDFC group ahead of the merger.

How ICICI Prudential Mutual Fund tweaked its portfolio in November 2022

Let us first look at what are the shares that ICICI Prudential Mutual Fund bought in the month of November 2022, across market cap classes. In terms of MOM percentage increase, ICICI Prudential Mutual Fund added to its positions in Delhivery, Zomato and Mayur Uniquoters. It also added stocks like Schaeffler India Ltd, FSN E-Commerce (Nykaa) as well as V-Guard and Tata Motors. 
Among the large caps, ICICI Prudential Mutual Fund enhanced its positions in Axis Bank and NTPC Ltd. However, among the large cap holdings, ICICI Prudential Mutual Fund pared its holdings in stocks like ICICI Bank, HDFC Bank, Infosys Ltd, Bharti Airtel and ONGC. Overall, the fund has been paring its positions in large caps that have seen a recent rally.

How HDFC Mutual Fund tweaked its portfolio in November 2022

Let us first look at what are the shares that HDFC Mutual Fund bought in the month of November 2022, across market cap classes. In terms of MOM percentage increase, HDFC Mutual Fund added to its positions in Bosch, DLF Ltd and Britannia Industries. It also added Apollo Hospitals, PB Fintech (Policybazaar), VRL Logistics, ONGC and Bandhan Bank to its portfolio. 
Among the large caps, HDFC Bank Mutual Fund enhanced its positions in ICICI Bank, HDFC Bank, NTPC Ltd and Axis Bank. However, among the large cap holdings, HDFC Mutual Fund pared its holdings in stocks like SBI, Reliance, HDFC, L&T and ITC. Overall, the fund has also been paring positions in industrials that have seen a recent rally in the markets.

How Nippon India Mutual Fund tweaked its portfolio in November 2022

Let us first look at what are the shares that Nippon India Mutual Fund bought in the month of November 2022, across market cap classes. In terms of MOM percentage increase, Nippon India MF added to its positions in PB Fintech, Shriram Finance, ICICI Pru Life, Voltamp Transformers and RBL Bank. It also added Canara Bank, Max Financial and Interglobe to its portfolio. 
Among the large caps, Nippon India Mutual Fund enhanced its positions in NTPC, Axis Bank and L&T. However, among the large cap holdings, Nippon India Mutual Fund pared its holdings in stocks like HDFC Bank, ICICI Bank, SBI, Infosys and Reliance. Overall, the fund has pared its positions sharply in large banks, while trying to ride on the capital goods cycle.

How UTI Mutual Fund tweaked its portfolio in November 2022

Let us first look at what are the shares that UTI Mutual Fund bought in the month of November 2022, across market cap classes. In terms of MOM percentage increase, UTI MF added to its positions in Persistent Systems, Ambuja Cements, Teamlease and Interglobe Aviation. It also added Bandhan Bank and Sundaram Fasteners to its portfolio. 
Among the large caps, UTI Mutual Fund enhanced its positions in ICICI Bank, HDFC Bank, Axis Bank and Bajaj Financials. However, among the large cap holdings, UTI Mutual Fund did not significantly pare its holdings in any stock. Overall, the fund has been positive on the banks in particular and financials in general.

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

Let us first look at what are the shares that ABSL Mutual Fund bought in the month of November 2022, across market cap classes. In terms of MOM percentage increase, ABSL MF added to its positions in Bank of India, Shriram Finance, PB Fintech and ICICI Pru Life. It also added stocks like Nykaa, IGL, Zomato and Devyani International to its portfolio. 
Among the large caps, ABSL Mutual Fund enhanced its positions in Infosys, HDFC Bank, Axis Bank, SBI and Sun Pharma. However, among the large cap holdings, ABSL Mutual Fund pared its holdings in stocks like Reliance Industries and HDFC Ltd. Overall, the fund has been adding banks to its portfolio and has been one of the few big names to buy Sun Pharma.

How Axis Mutual Fund tweaked its portfolio in November 2022

Let us first look at what are the shares that Axis Mutual Fund bought in the month of November 2022, across market cap classes. In terms of MOM percentage increase, Axis MF added to its positions in M&M Financial, Vinati Organics, Zomato and LTI Mindtree. It also added Abbott India, KPR Mills and Tata Communications to its portfolio. 
Among the large caps, Axis Mutual Fund enhanced its positions in TCS and Infosys, a rare buyer in the IT sector. However, among the large cap holdings, Axis Mutual Fund pared its holdings in stocks like ICICI Bank and Kotak Mahindra Bank. Overall, the fund has been a buyer in IT stocks and a seller in banking stocks.

How Kotak Mahindra Mutual Fund tweaked its portfolio in November 2022

Let us first look at what are the shares that Kotak Mahindra Mutual Fund bought in the month of November 2022, across market cap classes. In terms of MOM percentage increase, Kotak Mahindra MF added Marico, Shriram Finance, NMDC Ltd and GAIL. It also added stocks like Tata Motors, Coal India and Bajaj Finserv to its equity portfolio. 
Among the large caps, Kotak Mahindra Mutual Fund enhanced its positions in SRF, Ultratech Cements  and Maruti Suzuki. However, among the large cap holdings, Kotak Mutual Fund pared its holdings in stocks like ICICI Bank, Reliance, SBI, Axis Bank, HDFC Bank and Infosys Ltd. Overall, the fund has been paring its positions and has been more on the sell side.

How Mirae Mutual Fund tweaked its portfolio in November 2022

Mirae Mutual Fund bought Delhivery, Sapphire Foods, Biocon, Bayer Cropsciences Electronics Mart, Ceat and Paytm during the month of November. Among the large cap holdings of Mirae Mutual Fund, it enhanced its positions in Axis Bank, but it reduced its positions in ICICI Bank, Reliance, SBI, Bharti, TCS and Sun Pharma. Essentially, Mirae MF used higher levels to cut down on its stock holdings.

How DSP Mutual Fund tweaked its portfolio in November 2022

DSP Mutual Fund bought Hindustan Unilever, Timken, Dodla Dairy, Prince Pipes, Heritage Foods and Alembic Pharma during the month of November. Among the large-cap holdings of DSP Mutual Fund, it enhanced its positions in Bajaj Finance and Emami Ltd, but reduced its positions in ICICI Bank, HDFC Bank, Infosys, Axis Bank and HCL Tech. Essentially, DSP MF also used higher levels to pare its stock holdings.