Mutual funds buy and sell securities to actively manage their portfolios. Here is the list of top 10 large cap stocks sold by mutual funds in April, according to a report by ICICI Direct Research.
ETMarkets.com
2/eleven
jio financial services
Fund houses held 2.661 lakh shares of Jio Financial Services in April as against 3.004 lakh shares in March. The total market value of the shares in April was Rs 10,032 crore.
Agencies
Fund houses held 173 lakh shares in April as against 186 lakh shares in March. The total market value of the shares in April was Rs 8,155 crore.
Agencies
Fund houses held 233 lakh shares in April as against 248 lakh shares in March. The total market value of the shares in April was Rs 6,114 crore.
YEARS
Fund houses held 361 lakh shares in April as against 380 lakh shares in March. The total market value of the shares in April was Rs 14,431 crore.
ETMarkets.com
Fund houses held 406 lakh shares in April as against 426 lakh shares in March. The total market value of the shares in April was Rs 10,186 crore.
Agencies
Fund houses held 458 lakh shares in April as against 480 lakh shares in March. The total market value of the shares in April was Rs 18,258 crore.
YEARS
8/eleven
SBI Card and Payment Services
Fund houses held 918 lakh shares in April as against 953 lakh shares in March. The total market value of the shares in April was Rs 6,688 crore.
Agencies
Fund houses held 137 lakh shares in April as against 142 lakh shares in March. The total market value of the shares in April was Rs 12,180 crore.
ETMarkets.com
10/eleven
Hindustan Aeronautics
Fund houses held 437 lakh shares in April as against 452 lakh shares in March. The total market value of the shares in April was Rs 17,215 crore.
Agencies
eleven/eleven
Torrente Pharmaceuticals
Fund houses held 145 lakh shares in April as against 150 lakh shares in March. The total market value of the shares in April was Rs 3,836 crore.