Stocks Bought & Sold by Mutual Funds in February 2024

Stock ideas from India's top mutual funds →

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Today in less than 5 minutes:

1) Stocks Bought & Sold by India’s Best Mutual Funds
2) Stock in Spotlight: A company where FIIs have tripled their stake in the last year
3) This fund sees a 55% upside in PAYTM

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Stocks bought & sold by India’s top MFs

There are 5000+ stocks listed on the NSE. It’s impossible for anyone even to recognize them, let alone research and track these companies.

How, then, would investors like you and me generate stock ideas for our portfolio?

We can try something that we all (mostly) did back in our school days - copy from the topper 😅

💡 Copy investing is a method that seeks to replicate the trades of successful investors or fund houses. The idea is to bet on the proven stock selection method of a successful investor or fund house.

We’ll be looking at some of the best mutual funds in India to generate stock ideas. Here’s a collection of what the top fund houses in India bought or sold in February:

Mutual Fund / Stock Type

Large Cap Buys

Large Cap Sells

Mid/Small Cap Picks

SBI MF

Kotak Mahindra Bank

SBI, Bharti Airtel, HDFC Bank, Infosys

Zomato, Equitas SFB, City Union Bank

ICICI Pru MF

Reliance Industries, Bharti Airtel, Sun Pharma, L&T, NTPC

ICICI Bank, Infosys, HDFC Bank

Equitas SFB, PVR, Coforge

HDFC MF

Axis Bank,
HDFC, HDFC Bank, NTPC, SBI

Nothing major 

Dixon Technologies,
Gland Pharma,
Birla Corporation

Nippon India MF

Reliance Industries,
Axis Bank,
NTPC, SBI,
Infosys, ONGC

Nothing major 

Syngene International,
Kaynes Technology,
3M India

UTI MF

Kotak Mahindra Bank, Axis Bank,
HDFC, HDFC Bank, ICICI Bank

Bajaj Finance,
ITC

Persistent Systems,
IDFC First Bank,
Muthoot Finance

ABSL MF

Axis Bank,
HDFC, SBI, Reliance Industries,
Sun Pharma,
L&T, Infosys
 

Nothing major

Syngene Internationa,
PVR, Coforge

Axis MF

Nothing major

Bajaj Finance,
ICICI Bank,
TCS, Avenue Supermarts,
HDFC Ltd,
HDFC Bank,
Kotak Mahindra Bank, Infosys

Chola Financials,
Craftsman Automation,
Carborundum Universal

Kotak MF

Maruti Suzuki,
Axis Bank

Reliance Industries, ICICI Bank, SBI, HDFC Bank,
Infosys, L&T,
SRF

Sundaram
Fasteners,
Info Edge,
Coforge

Sectorally, the weights of Capital Goods, Oil & Gas, PSU Banks, Insurance, Consumer Durables, Technology, Utilities, Retail, and Real Estate increased, while that of NBFCs, Private Banks, Consumer, Metals, Automobiles, Cement, and Chemicals moderated in February.

Screener.in is an effective tool that will help you keep track of what major fund houses and ace investors are buying and selling. Learn to make the most of Screener in this FREE course.

Top Stocks Bought & Sold in February 2024

While Whirlpool, Swan Energy, and Voltas were some favorites, Bandhan Bank, PAYTM, Motherson Sumi Wiring, and LIC Housing Finance were disposed of the most. Here’s an entire list of stocks bought & sold by MFs in February 2024 👇🏼

Source: Nuvama Alternative & Quantitative Research

Conclusion

The above exercise must have given you a good sense of what the major fund houses are adding and deleting from their portfolios. But this is just the first step. We suggest you undertake more thorough research and analysis before including a stock in your investment portfolio.

If you want to learn more idea generation methods and pick multi-baggers yourself, get Mr. Arvind Kothari’s Multibagger Stock Selection Course. His smallcase has delivered a 50% CAGR in the past 4 years. Use STOCK10 for a 10% discount & get the course for just ₹359.

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