Latest news with #MFs
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Business Standard
25-05-2025
- Business
- Business Standard
Mutual funds storm the 10% citadel, now claim market's third crown
Riding a swell of SIP inflows, they redraw investor playbook Listen to This Article Domestic mutual funds (MFs) have emerged as the third-largest investor group in listed Indian companies. National Stock Exchange's (NSE's) latest India Ownership Tracker report shows MFs' stake in total market capitalisation crossing the 10 per cent mark for the first time in the fourth quarter of 2024-25 (FY25). MFs' ownership, which stood at 8.9 per cent in March 2024 and 9.9 per cent in December 2024, climbed to a record 10.4 per cent by March 2025. Over the past year, MFs surpassed individual investors and the government to claim the third-largest investor group position. 'Aided by sustained systematic investment plan
India Today
15-05-2025
- Business
- India Today
Mutual funds load up on IT, cut FMCG and telecom stakes in April: Report
Indian mutual funds turned buyers in the IT sector this April, even as foreign investors pulled out large sums. This came during a time of uncertainty caused by weak earnings and concerns over US growth due to tariff to Primedatabase data, mutual funds invested over Rs 9,599 crore in IT shares during the month. In contrast, foreign institutional investors (FIIs) sold more than Rs 15,000 crore worth of tech stocks, as per NSDL FIIs, mutual funds release detailed monthly reports showing exactly where they've put their money. This gives a clearer picture of stock-wise IT companies, Infosys saw the highest interest from mutual funds, with fresh investments of Rs 3,011 crore. Tata Consultancy Services (TCS) and Coforge followed, receiving Rs 2,375 crore and Rs 1,432 crore, respectively. Other major names that drew investment included HCL Technologies, Persistent Systems, Mphasis, LTIMindtree, Hexaware, and Cyient, with amounts ranging from Rs 170 crore to Rs 960 mutual funds did sell shares of some tech firms. They reduced their holdings in Tech Mahindra by Rs 270 crore and also cut down on Birlasoft and Zaggle Prepaid, selling more than Rs 85 crore each. Smaller cuts were made in Oracle Financial Services, Affle, Neweb Technologies, and Inventurus Knowledge both mutual funds and FIIs put money into financial stocks. MFs invested Rs 4,450 crore in this space, while FIIs were even more bullish, pouring in Rs 18,409 Mahindra Bank attracted the highest MF investment in the financial sector, with Rs 1,586 crore. IDFC First Bank and HDFC Bank followed, drawing Rs 1,150 crore and Rs 1,026 crore. Other financial names that saw increased MF holdings included Max Financial Services, Axis Bank, HDFC Life, RBL Bank, and Shriram the other hand, mutual funds pulled money out of the telecom and FMCG sectors. They sold Rs 2,787 crore worth of telecom shares and Rs 2,211 crore in FMCG stocks. Interestingly, FIIs did the opposite, buying Rs 4,648 crore worth of telecom shares and Rs 2,917 crore in Airtel saw the biggest MF exit in telecom, with Rs 2,499 crore worth of shares sold. Indus Towers and Bharti Hexacom followed with sell-offs of Rs 584 crore and Rs 173 FMCG, the biggest drop came in ITC, where MFs reduced holdings by Rs 2,779 crore. HUL and Marico also faced selling of Rs 596 crore and Rs 382 crore. Other FMCG companies that saw mutual fund exits included Nestle India, Tata Consumer Products, United Spirits, and Avanti Watch advertisement
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Business Standard
30-04-2025
- Business
- Business Standard
Mutual Funds increased stake in 14 pharma stocks in Q4FY25; do you own any?
Shares of pharma sector companies continue to remain on investor's radar as the sector awaits the anticipated US tariff announcements on pharma imports. While increasing tariffs by 10 per cent across-goods, the US President Donald Trump said that tariffs on pharma imports will be announced at a later date. The US President stated that he would impose "major" tariffs on pharmaceuticals in the near future, a move that could end decades of low-cost global trade in medicines. However, recent reports suggest thae Donald Trump was open to offer some exemptions to his 10 per cent baseline tariff, to select selectors including auto ancillaries and electronics among others. As the suspense over the US tariffs on the pharma industry continues, shares of pharmaceutical companies have recovered notable ground in the month of April thus far. As many as 82 pharma stocks outperformed the Nifty Pharma and Nifty Healthcare indices - gaining over 4 per cent; with the top 3 rallying more than 50 per cent. READ MORE Meanwhile, as per the shareholding pattern at the end of March 2025 quarter domestic mutual funds (MFs) have increased stake in a total of 38 pharma and healthcare related stocks. Out of which, MFs increased stake in 14 pharma stocks by more than 10 per cent each. Analysts believe that pharma as a sector is well-positioned to counter any potential impact of tariff hikes, as it can easily pass on the additional costs by hiking prices of the medicines. Kranthi Bathini, Director-Equity strategy at WealthMills securities says that medicines have an inelastic demand, so even if there are tariffs imposed on the sector it could not have much impact on the industry in the longer-run. Additionally, pharma as a sector has shown some signs of recovery in the last one year, after a prolonged period of under-performance in the preceding two years. At present levels, valuations look attractive for the pharma sector, hence it is attracting buying interest, Kranthi added. Data from ACE Equity shows that MFs raised stake in Brooks Laboratories by 156 per cent, from 3.86 per cent at the end of December 2024 quarter to 9.9 per cent at the end of March 2025 quarter. Similarly, MFs increased stake in Onesource Speciality, Indegene and Zota Heath Care by 86.8 per cent, 57.9 per cent and 50 per cent, respectively. MFs now own up to 8.32 per cent, 2.65 per cent and 0.03 per cent, respectively, in each of the above mentioned companies. Among prominent names, MFs raised shareholding in Granules India from 10.39 per cent to 11.57 per cent. In Dr. Reddy's Laboratories from 11.14 per cent to 12.89 per cent; Neuland Laboratories from 6.29 per cent to 7.43 per cent; Aarti Drugs from 7.78 per cent to 8.75 per cent and GlaxoSmithKline Pharma from 4.96 per cent to 5.17 per cent. These apart, MFs have also hiked stake in other notable pharma companies such as - Marksans Pharma, Wockhardt, Cipla, Piramal Pharma, Glenmark Pharma, Zydus Lifesciences, Divi's Laboratories, Aurobindo Pharma, Biocon, Lupin and Pfizer by 3 - 7 per cent. On the other hand, MFs have decreased holdings in Supriya Lifescience, Vimta Labs and Suven Life Sciences by over 100 per cent each. Strides Pharma, Emcure Pharmaceuticals, Laurus Labs, AstraZeneca Pharma, Concord Biotech, Gland Pharma, Unichem Laboratories and Mankind Pharma were among the prominent stocks wherein MFs stake has declined.
Economic Times
30-04-2025
- Business
- Economic Times
MFs, FIIs load up defence stocks in Q4. Time for retail to act amid Indo-Pak tensions?
Defence stocks have had a stellar run for the past year, though they lost some momentum last year on valuation concerns and profit booking as domestic and global factors weighed in on the markets. Amidst rising India-Pakistan tensions, defence stocks have surged, attracting heightened investor interest. Mutual funds increased holdings in 11 of 18 Nifty India Defence Index stocks in the March quarter, with BEML, Solar Industries, and MTAR Technologies leading the pack. While FIIs also increased stakes in several defence companies, some stocks experienced profit booking and selling pressure. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Defence stocks' performance and outlook Tired of too many ads? Remove Ads With escalating tensions between India and Pakistan, defence stocks have surged sharply, rallying 25% over the past week. An ETMarkets analysis shows heightened investor interest throughout this year, with mutual funds increasing their holdings in 11 out of 18 stocks within the Nifty India Defence Index in the March ended quarter, signalling growing institutional confidence in the sector's long-term top mutual fund buy in the quarter that ended on March 31, 2025 was BEML where MFs raised their holdings by 1.6% over the December quarter. The next in line were Solar Industries India MTAR Technologies and Zen Technologies which saw a hike of 1.2%, 0.96% and 0.65%, stocks in which MF holdings went up include Astra Microwave Products Bharat Dynamics (BDL), Mazagon Dock Shipbuilders Dynamatic Technologies and Garden Reach Shipbuilders & Engineers (GRSE). The stakes went up between 42 bps and 1 of these 11 stocks, Astra Microwave, Mishra Dhatu Nigam, BDL, Mazagon Dock, Paras Defence, Dynamatic Technologies and GRSE witnessed a rise in holdings of the foreign institutional investors (FIIs).Two more stocks viz. Bharat Electronics (BEL) and DCX Systems also witnessed FII buying during the January-March quarter though MFs sold their holding in the same period in both these all stocks managed to find favour with mutual funds as they sold partial stakes in 7 stocks in the March quarter. BEL faced a sweet-chin-music as MFs sold over 1% in the company to bring the total holding to 15.02%. DCX Systems, Cyient DLM , Data Patterns (India), Unimech Aerospace and Manufacturing Hindustan Aeronautics (HAL) and Cochin Shipyard witnessed selling between 81 bps and 25 were also sellers in nine stocks viz. BEML, Solar Industries India, MTAR Technologies, Zen Technologies, Cyient DLM, Data Patterns, Unimech, HAL and Cochin Shipyard. The highest selling of 126 bps was seen in Cyient, while lowest was in Cochin stocks have had a stellar run for the past one year, though they lost some momentum last year on valuation concerns and profit booking as domestic and global factors weighed in on the the index level, Nifty India Defence has delivered 39% returns in the past one year versus Nifty's 8% returns in the same period. Mazagon Dock is the top gainer with 155% returns. Paras, GRSE, BDL have given returns between 91% and 51%. HAL which has the highest weightage in the index has returned 15% in the said Cyient, Mishra Dhatu, MTAR, Dynamatic and Data Patterns have seen share price decline in double-digits over a year Wednesday, defence stocks witnessed some profit booking as stocks fell up to 5% in the morning trade. GRSE, Bharat Dynamics and DCX Systems were top Tuesday, the Indian government gave armed forces complete freedom to decide mode, targets and timing of the expert Nischal Maheshwari said that the recent trade in defence stocks has been on account of the geopolitical situation. "Having said that, last especially in March there were a lot of orders which have gone out to all these companies and that is also getting reflected. These stocks had underperformed for some time initially, and sort of a catch-up game, but at these prices once again the valuations are going to now start looking pretty expensive for most of them. So, you need to be cautious. Yes, it is a good trade, but for long-term buying this is not the point," he said.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
Time of India
30-04-2025
- Business
- Time of India
MFs, FIIs load up defence stocks in Q4. Time for retail to act amid Indo-Pak tensions?
Defence stocks have had a stellar run for the past year, though they lost some momentum last year on valuation concerns and profit booking as domestic and global factors weighed in on the markets. Amidst rising India-Pakistan tensions, defence stocks have surged, attracting heightened investor interest. Mutual funds increased holdings in 11 of 18 Nifty India Defence Index stocks in the March quarter, with BEML, Solar Industries, and MTAR Technologies leading the pack. While FIIs also increased stakes in several defence companies, some stocks experienced profit booking and selling pressure. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Defence stocks' performance and outlook Tired of too many ads? Remove Ads With escalating tensions between India and Pakistan, defence stocks have surged sharply, rallying 25% over the past week. An ETMarkets analysis shows heightened investor interest throughout this year, with mutual funds increasing their holdings in 11 out of 18 stocks within the Nifty India Defence Index in the March ended quarter, signalling growing institutional confidence in the sector's long-term top mutual fund buy in the quarter that ended on March 31, 2025 was BEML where MFs raised their holdings by 1.6% over the December quarter. The next in line were Solar Industries India MTAR Technologies and Zen Technologies which saw a hike of 1.2%, 0.96% and 0.65%, stocks in which MF holdings went up include Astra Microwave Products Bharat Dynamics (BDL), Mazagon Dock Shipbuilders Dynamatic Technologies and Garden Reach Shipbuilders & Engineers (GRSE). The stakes went up between 42 bps and 1 of these 11 stocks, Astra Microwave, Mishra Dhatu Nigam, BDL, Mazagon Dock, Paras Defence, Dynamatic Technologies and GRSE witnessed a rise in holdings of the foreign institutional investors (FIIs).Two more stocks viz. Bharat Electronics (BEL) and DCX Systems also witnessed FII buying during the January-March quarter though MFs sold their holding in the same period in both these all stocks managed to find favour with mutual funds as they sold partial stakes in 7 stocks in the March quarter. BEL faced a sweet-chin-music as MFs sold over 1% in the company to bring the total holding to 15.02%. DCX Systems, Cyient DLM , Data Patterns (India), Unimech Aerospace and Manufacturing Hindustan Aeronautics (HAL) and Cochin Shipyard witnessed selling between 81 bps and 25 were also sellers in nine stocks viz. BEML, Solar Industries India, MTAR Technologies, Zen Technologies, Cyient DLM, Data Patterns, Unimech, HAL and Cochin Shipyard. The highest selling of 126 bps was seen in Cyient, while lowest was in Cochin stocks have had a stellar run for the past one year, though they lost some momentum last year on valuation concerns and profit booking as domestic and global factors weighed in on the the index level, Nifty India Defence has delivered 39% returns in the past one year versus Nifty's 8% returns in the same period. Mazagon Dock is the top gainer with 155% returns. Paras, GRSE, BDL have given returns between 91% and 51%. HAL which has the highest weightage in the index has returned 15% in the said Cyient, Mishra Dhatu, MTAR, Dynamatic and Data Patterns have seen share price decline in double-digits over a year Wednesday, defence stocks witnessed some profit booking as stocks fell up to 5% in the morning trade. GRSE, Bharat Dynamics and DCX Systems were top Tuesday, the Indian government gave armed forces complete freedom to decide mode, targets and timing of the expert Nischal Maheshwari said that the recent trade in defence stocks has been on account of the geopolitical situation. "Having said that, last especially in March there were a lot of orders which have gone out to all these companies and that is also getting reflected. These stocks had underperformed for some time initially, and sort of a catch-up game, but at these prices once again the valuations are going to now start looking pretty expensive for most of them. So, you need to be cautious. Yes, it is a good trade, but for long-term buying this is not the point," he said.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
