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SBI Mutual Fund bought and sold these stocks in August 2022; do you hold any?
Henil Shah
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SBI Mutual Fund bought and sold these stocks in August 2022; do you hold any?

In the month of August 2022, markets traded in a range. The top 10 stocks purchased and sold by SBI Mutual Fund in August 2022 are discussed in this article.

Despite the current wild fluctuations in the markets, August 2022 was a rather range-bound month. Mutual fund investors appear to be cautious at a time when we are seeing a trend reversal in Foreign Institutional Investors (FII) flows.

 

According to the most recent data released by the Association of Mutual Funds in India (AMFI), net inflows into mutual funds have reached a 10-month low of Rs 6,100 crores. Studies in the past have demonstrated that when markets reach their all-time highs and then experience a drop, investors become wary.

 

The monthly Systematic Investment Plan (SIP), on the other hand, reached a record high and appears to remain stable at Rs 12,693.45 crore. A record-high SIP Assets Under Management (AUM) of Rs 6.39 lakh crore was reached in August 2022, along with an all-time high of 5.71 crore SIP accounts.

 

Having stated that, the purchasing and selling tendency of AMCs provides a good indication of their position. This article will look into the purchasing and selling patterns of SBI Mutual Fund. SBI Mutual Fund continues to be the market leader in terms of AUM.

 

This AMC's AUM increased by 25 per cent in the June 2022 quarter compared to the previous quarter. As a result, evaluating its purchasing and selling trend makes more sense.

 

Top 10 stocks bought by SBI Mutual Fund in August 2022

Company Name

Market Value
(Rs Crore)

Reliance Industries Ltd.

42,507

HDFC Bank Ltd.

35,175

ICICI Bank Ltd.

27,613

Infosys Ltd.

24,911

Housing Development Finance Corp Ltd.

18,017

Tata Consultancy Services Ltd.

14,747

ITC Ltd.

14,523

Kotak Mahindra Bank Ltd.

14,162

Hindustan Unilever Ltd.

11,388

State Bank of India

9,041

 

Top 10 stocks sold by SBI Mutual Fund in August 2022

Company Name

Market Value
(Rs Crore)

Muthoot Finance Ltd.

8,062

Adani Enterprises Ltd.

4,343

Shree Cement Ltd.

3,435

Godrej Properties Ltd.

2,576

Bharat Electronics Ltd.

2,570

InterGlobe Aviation Ltd.

2,542

Grindwell Norton Ltd.

2,217

DLF Ltd.

1,823

The Federal Bank Ltd.

1,022

Zee Entertainment Enterprises Ltd.

995

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