Suzlon Energy, BSE, Godrej, Anupam Rasayan among top 20 smallcap stocks bought & sold by mutual funds in August

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macroeconomic situation in the country. The Nifty Smallcap 100 index has surged more than 30% this year so far, while the index is up over 40% in the last six months. The equity mutual funds saw a significant surge in net inflows during August that reached a five-month high of ₹20,245.26 crore.

The inflows in equity funds were at ₹7,625.96 crore in July 2023, as per data from the Association of Mutual Funds in India (AMFI). The Small Cap Mutual Funds in India saw an inflow of ₹4,265 crore compared to ₹4,171.44 crore MoM. On the contrary, large-cap funds saw the outflow of ₹348 crore.

Also Read: Equity mutual funds inflows surge to ₹20,245 crore in August: Data The Total Assets Under Management (AUM) of India’s Mutual Fund industry was at ₹46.63 lakh crore (including close-ended schemes), showing a slight increase from ₹46.37 lakh crore, MoM. Let us take a look at the top 10 smallcap stocks bought and sold by mutual funds in August: In the smallcap segment, mutual funds bought 64.71 crore shares of Suzlon Energy worth ₹1,589 crore in August, followed by 80 lakh shares of SJS Enterprises worth ₹546 crore, as per a report by ICICI Direct. The other top buys by mutual funds among the smallcap stocks include Inox Wind, BSE, Piramal Pharma, The Jammu & Kashmir Bank, Godrej Industries, Vishnu Chemicals, Gujarat State Fertilizers & Chemicals and Premier Explosives.