Here are the top gainers and losers in the last three consecutive months as per the data analyzed by the research team of Nuwama Alternative & Quantitative Research, Mutual Funds (MFs):
Major gainers in largecap stocks from the fund house were Hindustan Unilever (HUL), ITC, Titan Company, UltraTech Cement and Nestle, while major cuts were in ICICI Bank, HCL Technologies, Coal India, HDFC Life and Hindalco Industries.
In midcaps, top MF adders were NHPC, Astral, Mphasis, Alkem Lab and Paytm (One97), while major losers were Solar Indus, L&T Technologies, MRF, Indian Bank and Gujarat Gas.
Whereas, in Small Cap, major additions were ITI, Tanla Platforms, JK Lakshmi Chem, Eureka Forbes, KRBL. According to the brokerage data, the major losers were Zydus Wellness, GE Shipping Company, PNB Housing, ERIS Lifesciences, Jyothi Labs. mutual funds action.
The market cap segmentation is as follows – Midcap segment is between from 10 thousand crores 40 thousand crore marketcap and smallcap segment is down 10k crore marketcap.
Mutual Funds (MFs) Deployed in December 147 bn and sold with foreign institutional investors (FIIs) 63 billion in the Indian secondary market. NSE Nifty 50 and S&P BSE Sensex saw selling of around 4% in December 2022.
Inflows into Indian equity mutual funds more than tripled Data from the Association of Mutual Funds in India (AMFI) shows that Rs 7,303 crore inflows in December 2022 last month.
“The improvement in equity mutual fund inflows is a confirmation that equity will continue to be the preferred asset class for mutual fund investors,” said NS Venkatesh, chief executive officer, AMFI.
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