Equity mutual funds ended year 2021 on a strong note with record net inflows of ₹25,077 Cr in December month, taking the net inflows for the year to ₹ 96,670 Cr. All equity fund categories saw inflows in December.
Many Equity mutual fund schemes invested in the IPO stocks, include Medplus Health Services(11% stake) and CMS Info Systems(8% stake).
Overall considering all equity mutual fund schemes, there was selloff in Bharti Airtel, SBI, Kotak Bank, Persistent Systems and Tech Mahindra. There was buying in Reliance, ICICI Bank, HDFC Bank, Infosys, TCS, Wipro, L&T, Maruti, HCL Technologies, Axis Bank and Bajaj Finance.
It is very interesting to know which schemes received major inflows, which schemes faced redemption pressure, top traded stocks and fresh stock picks by Equity MF schemes during December month.
For all these snippets and much more please read through our report.