Tata Tech among 6 IPOs where mutual funds invested in November

Suzlon tops the sell list of mutual funds like HDFC AMC and Bandhan MF during the month. At an aggregate level, mutual funds owned 62.89 crore shares of the stock in September which fell down to 49.53 crore shares last month.

Among the top additions for mutual funds in the small cap space were Eric Lifesciences, PVR Inox, CreditAccess Grameen, Amara Raja Batteries and Aegis Logistics

Mutual funds in India have enjoyed success with their holdings in certain stocks, which have seen significant appreciation in prices, according to data. At least 10 stocks have returned over 100% in the past year, with more than 50 mutual fund schemes holding these stocks. Some of the best-performing stocks include IDFC First Bank, Apollo Tyres, Equitas Small Finance Bank, Varun Beverages, and Hindustan Aeronautics. However, some brokerages have downgraded their ratings on these stocks due to concerns over valuations and limited upside potential.

Domestic fund houses have increased their stakes in most of the new-age internet stocks during the month of April. These funds have aggressively shopped for Delhivery, Nykaa and Zomato. Delhivery is among the prominent additions of both Franklin Templeton Mutual Fund and SBI Mutual Fund. While Franklin added Delhivery stock worth Rs 99 crore, SBI Mutual Fund bought shares worth Rs 449 crore. Domestic funds have raised their combined stake by 5.

While mutual funds marginally reduced their holdings in One97 Communications and PB Fintech, money managers have overall held a positive view on both the stocks. Last month, barring Delhivery, all other stocks gave double-digit returns to investors.

Equity mutual funds, which attracted inflows of Rs 15,685 crore in February, bought shares of Interglobe Aviation or IndiGo, PSU stock GAIL, realty player Macrotech Developers, Tata Motors, Tech Mahindra, HDFC AMC, PVR, Indiabulls Housing Finance and Nazara Technologies.

Mutual fund houses bought 27.20 crore of HDFC worth ₹76,767 crore in June 2023. They also bought LIC shares worth ₹2,299 crore, Coal India shares worth ₹14,116 crore, Jindal Steel & Power worth ₹6,847 crore and shares of Adani Enterprises to the tune of ₹3,169 crore.

Meanwhile, domestic fund houses have added 3 lakh shares in Adani Transmission and further 19 lakh shares in the group's flagship entity Adani Enterprises. According to a report by ICICI Direct Research, mutual funds have also fancied Coal India and JSW Steel in the large cap space.

India Business News: Zomato share price dropped 8% in 3 sessions due to recent trading activity and profit-taking. Find out why the multibagger stock is experiencing a decline and the impact of Motilal Oswal Mutual Fund selling a portion of its stake in Zomato. Learn more about the company's quarterly earnings and revenue growth.

The domestic fund house has bought 3.72 crore shares in Jio Financial Services. After hitting multiple lower circuits in the previous sessions, Jio Financial shares jumped nearly 4% earlier on Friday. In about five sessions, including Fridays low, the stock had lost about 23%, due to continued selling by passive funds