Abhijit Powar No Comments

The landscape of Equity Mutual Funds underwent a dramatic transformation, with Net Assets Under Management (AUM) soaring to a historic ₹23.48 lakh crores in March.

Many equity mutual fund schemes demonstrated a strong inclination for new investments in prominent companies, including Maruti Suzuki, TCS, ITC, HDFC Life Insurance, Tata Chemicals, Samvardhana Motherson International, Jindal Steel & Power and Godrej Consumer.

Several equity schemes strategically exited investments in Jio Financial Services, LTIMindtree, IIFL Finance, HPCL, IREDA, NHPC, Tata Technologies, BPCL and Tata Steel.

Overall, equity mutual fund schemes were actively buying shares in leading companies such as ITC, HDFC Bank, TCS, Kotak Mahindra Bank, Shriram Finance, Maruti Suzuki, Axis Bank, Samvardhana Motherson International and REC.

Among the most actively traded small-cap stocks, various equity schemes directed their investments towards Aster DM Healthcare, NLC India, Aavas Financiers, Aditya Birla Sun Life AMC, GR Infraprojects, CIE Automotive, Hitachi Energy, Crompton Greaves, Apar Industries and Metropolis Healthcare.

For a comprehensive understanding and more insights, please go through our detailed report.