January 2020: Know more about stocks attracting fund managers
In the month of January 2020, the financial sector gained over other sectors to be on the top of the fund managers buying list followed by media and communications, energy, FMCG and automobile and ancillaries’ sector.
Stock Name
|
Sector
|
Asset Class
|
Month
|
Net Qty Bought
|
Approx. Buy Value (In Cr)
|
Bharti Airtel Ltd.
|
Media and Communications
|
Large-Cap
|
Jan-20
|
7,49,99,026
|
3,571
|
Power Grid Corporation of India Ltd.
|
Energy
|
Large-Cap
|
Jan-20
|
6,90,69,635
|
1,302
|
ICICI Bank Ltd.
|
Financials
|
Large-Cap
|
Jan-20
|
1,68,33,889
|
896
|
HDFC Bank Ltd.
|
Financials
|
Large-Cap
|
Jan-20
|
69,38,919
|
867
|
Maruti Suzuki India Ltd.
|
Automobile and Ancillaries
|
Large-Cap
|
Jan-20
|
9,59,521
|
685
|
So, if we look at the above table then we can see that in the month of January 2020, media and communications sector has come in the top five sector preference of the fund manager with total approximate buying of Rs 3,571 crores. In media and communications sector also, Bharti Airtel Ltd. have made its way to the top five buying with approximate value of Rs 3,570.92 crores.
If we look at the total sector-wise buying done in the month of January 2020 then financials have been on the top followed by media and communications, energy, FMCG and automobile and ancillaries’ sector with approximate buying of Rs 3,752.51 crores, Rs 3,646.90 crores, Rs 2,339.43 crores, Rs 1,496.74 and Rs 1,297.22 crores respectively.
If we look at the total buying done in the month of January 2020 market cap-wise then large-cap is at the top followed by mid-cap and small-cap with approximate buying value of Rs 12,300.38 crores, Rs 4,301.54 crores and Rs 2,904.35 crores respectively.
The intention of the above analysis is only for the purpose of understanding the activity of mutual funds and gauging the fund managers approach and it in no means is recommendation to buy or sell. It is always advisable to have financial plan in place which must be followed with discipline and investments in mutual funds being made to be based on your individual risk assessment.