New stock picks of top 10 mutual funds in April
1/11
Fresh bets
In April 2024, mutual funds infused Rs 32,800 crore, and alongside FIIs bought Rs 23,200 crore in the Indian secondary market. Key additions by mutual funds in April include Bharti Hexacom, JNK India, Titagarh Railsystems, and Sun TV Network. Here is a list of new stocks that mutual funds bought in April, according to a report by Nuvama Institutional Equities:
2/11
HDFC MF
Bharti Hexacom is the top new bet of HDFC Mutual Fund, as it bought 26,43,000 shares of the company in April. Its other top new investments include JNK India.
3/11
ICICI Prudential MF
ICICI Prudential Mutual Fund's top new bet is on Nirlon, as it bought 42,86,000 shares of the company in April. Its other top new holdings include Bharti Hexacom, PSP Projects, and Cyient DLM.
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4/11
Kotak MF
Bharti Hexacom is the top new bet of Kotak Mutual Fund, as it bought 1,06,08,000 shares of the company in April. Its other top new holdings include 360 One Wam, JNK India, and Marksans Pharma.
5/11
SBI MF
Bharti Hexacom is the top new bet of SBI Mutual Fund, as it bought 45,79,000 shares of the company in April. Its other top new investments include Arvind Ltd.
6/11
DSP MF
JNK India is the top new bet of DSP Mutual Fund, as it bought 29,20,000 shares of the company in April. Its other top new investments include Bharti Hexacom, Jindal Saw, and Firstsource Solutions.
7/11
Axis MF
Axis Mutual Fund's top new bet is on Bharti Hexacom, as it bought 34,01,000 shares of the company in April. Its other top new holdings include Titagarh Railsystems, Sun TV Network, and Ingersoll-Rand.
8/11
Aditya Birla Sunlife MF
Bharti Hexacom is the top new bet of Aditya Birla Sunlife Mutual Fund, as it bought 6,23,000 shares of the company in April. Its other top new investments include GE T&D India.
9/11
Edelweiss MF
Bharti Hexacom is the top new bet of Edelweiss Mutual Fund, as it bought 4,27,000 shares of the company in April. Its other top new investments include JNK India and Kesoram Industries.
10/11
Tata MF
Tata Mutual Fund's top new bet is on Tata Chemicals, as it bought 6,86,000 shares of the company in April. Its other top new investments include Bharti Hexacom, Vinati Organics, and Nuvoco Vistas.
11/11
UTI MF
Kotak Mahindra Bank is the top new bet of UTI Mutual Fund, as it bought 53,30,000 shares of the company in April. Its other top new investments include PSP Projects, JK Paper, and Zensar Technologies.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)