Adani Power, Zomato, Tata Power, IOC, IRCTC among top 20 largecap stocks bought & sold by mutual funds in August

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Also Read: Suzlon Energy, BSE, Godrej, Anupam Rasayan among top 20 smallcap stocks bought & sold by mutual funds in August Meanwhile, equity mutual funds saw a significant surge in net inflows, reaching a five-month high of ₹20,245.26 crore in August 2023. However, large-cap equity funds saw outflows of ₹348 crore. Adani Power, Zomato, Indian Railway Catering And Tourism Corporation (IRCTC) and Tata Power Company were among the largecap stocks that mutual funds bought the most in the month of August.

The Asset Management Companies (AMCs) bought 4.25 crore Interglobe Aviation shares worth ₹10,339 crore in August, followed by 82.46 crore Zomato shares for ₹8,048 crore, a report from ICICI Direct showed. Also Read: ACC, Nykaa, HDFC AMC, BHEL among top 20 midcap stocks bought & sold by mutual funds in August Mutual funds purchased 1.38 crore shares of Britannia Industries for ₹6,150 crore, Dabur India shares worth ₹4,153 crore, Tata Power shares to the tune of ₹3,024 crore and UPL shares worth ₹2,952 crore during the last month, as per the ICICI Direct report. On the flip side, Dr.

Reddy's Laboratories, Trent, Tube Investments of India, Pidilite Industries and Tata Consumer Products were among the top 10 largecap shares that mutual funds sold the most in August. AMCs sold Dr. Reddy's shares worth ₹8,067 crore and ₹6,243 crore worth shares of Trent Ltd, the report said.