Nestle, Jio Financial among top 10 large cap stocks sold by mutual funds in April
Stocks watch
Mutual funds buy and sell securities to actively manage their portfolios. Here is the list of top 10 largecap stocks sold by mutual funds in April, according to a report by ICICI Direct Research.
Jio Financial Services
The fund houses had 2,661 lakh shares of Jio Financial Services in April against 3,004 lakh shares in March. The total market value of shares in April was Rs 10,032 crore.
LTIMindtree
The fund houses had 173 lakh shares in April against 186 lakh shares in March. The total market value of shares in April was Rs 8,155 crore.
SRF
The fund houses had 233 lakh shares in April against 248 lakh shares in March. The total market value of shares in April was Rs 6,114 crore.
Divi's Laboratories
The fund houses had 361 lakh shares in April against 380 lakh shares in March. The total market value of shares in April was Rs 14,431 crore.
Nestle India
The fund houses had 406 lakh shares in April against 426 lakh shares in March. The total market value of shares in April was Rs 10,186 crore.
Interglobe Aviation
The fund houses had 458 lakh shares in April against 480 lakh shares in March. The total market value of shares in April was Rs 18,258 crore.
SBI Cards and Payments Services
The fund houses had 918 lakh shares in April against 953 lakh shares in March. The total market value of shares in April was Rs 6,688 crore.
Bajaj Auto
The fund houses had 137 lakh shares in April against 142 lakh shares in March. The total market value of shares in April was Rs 12,180 crore.
Hindustan Aeronautics
The fund houses had 437 lakh shares in April against 452 lakh shares in March. The total market value of shares in April was Rs 17,215 crore.
Torrent Pharmaceuticals
The fund houses had 145 lakh shares in April against 150 lakh shares in March. The total market value of shares in April was Rs 3,836 crore.