InvestorQ : What are the stocks that Indian mutual funds have been buying and selling in the last month and can we buy these stocks?
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What are the stocks that Indian mutual funds have been buying and selling in the last month and can we buy these stocks?

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Aditi Sharma answered.
1 year ago
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The inflows of retail money into SIPs continues at over Rs.8200 crore per month and so mutual funds have enough money to buy fresh stocks. You can look at what some of the largest funds in India have been buying. Here are some key buying takeaways.

· HDFC Mutual Fund added Aster DM Healthcare in June and completed exited its position in Jain Irrigation considering the debt problems. It also bought into L&T Finance.

· During the month of June, HDFC Mutual Fund increased its stake in Shriram Transport and NLC India as well as BHEL. The fund, however, reduces its stake in GAIL, NHPC and Yes Bank.

· ICICI Pru MF added fresh positions in Indiamart and Arvind Fashions but it exited some of its global holdings.

· During the month of June, ICICI Pru MF increased its positions in NLC India and South Indian Bank but reduced its positions in Power Grid and NTPC.

· SBI Mutual Fund added fresh positions in Indiamart and Torrent Power but it exited South Indian Bank and IDFC completely.

· During the month of June, SBI Mutual Fund increased its positions in Vodafone Idea and Emami but reduced its positions in ITC and UPL.

Mutual funds make buying and selling decisions based on a variety of factors including their current exposure, macro level decisions. You cannot just buy or sell based on what the funds are doing because these funds have a different level of risk appetite and return expectations. It is best to do your own research or talk to your advisor before buying or selling any stock.

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