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Stocks attracting fund managers in December 2020

Henil Shah
/ Categories: Mutual Fund
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Stocks attracting fund managers in December 2020

In the month of December 2020, the financial sector gained over other sectors to be on the top of the fund managers’ buying list, followed by travel, technology and healthcare sector. 

Stock Name 

Sector 

Asset Class 

Net Qty Bought 

Approx. Buy Value (In Cr) 

Indian Railway Catering & Tourism Corporation Ltd 

Travel 

Mid-Cap 

67,97,402 

948.66 

Axis Bank Ltd 

Financials 

Large-Cap 

1,17,23,329 

716.34 

Max Financial Services Ltd 

Financials 

Mid-Cap 

1,02,22,430 

676.57 

Burger King India Ltd 

Restaurants 

Small-Cap 

3,52,07,208 

613.66 

Godrej Consumer Products Ltd 

FMCG 

Large-Cap 

53,87,767 

387.89 

 

So, if we look at the above table, then we can see that in the month of December 2020, the financial sector appeared in the top five sectors’ preference of the fund managers. The total approximate buying done in the financial sector is Rs 4,146.39 crore. In the financial sector also, Axis Bank Ltd and Max Financial Services Ltd have made its way to the top five buying with a total approximate buying value of Rs 1,392.91 crore.

Further, if we look at the total sector-wise buying done in the month of December 2020, then the financial sector would be seen at the top, followed by travel, technology, healthcare and automobile & ancillaries' sector with an approximate buying of Rs 4,146.39 crore, Rs 1,617.54 crore, Rs 1,143.63 crore, Rs 1,076.73 crore and Rs 851.42 crore, respectively. 

If we look at the total buying done in the month of December 2020 market-cap wise, then mid-cap would be seen at the top, followed by large-cap and small-cap with an approximate buying value of Rs 5,528 crore, Rs 3,769.66 crore, and Rs 3,207.04 crore, 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 by no means, a recommendation to buy or sell. It is always advisable to have a 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. 

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