Mutual fund managers regularly buy and sell stocks to deliver good returns to its investors. Seven mutual funds completely exited from these small cap stocks in April, according to a report by Nuvama Institutional Equities.
Agencies
The fund house has completely exited from P & G Health in April. The fund house sold 23,624 shares of this small cap stock from its portfolio.
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The largest fund house made a complete exit from Indigo Paints. The fund house sold 90,316 shares of this small cap stock.
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4/8
Kotak Mutual Fund
The fund house made complete exit from Data Pattern and Archean Chemical. The fund house sold 4.15 lakh and 6.36 lakh shares respectively.
Agencies
5/8
Axis Mutual Fund
The fund house made exit from Aditya Birla Fashion and Retail. The fund house sold 27.90 lakh shares of this small cap stock in April.
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6/8
Nippon India Mutual Fund
The fund house made a complete exit from Nazara Technologies. The fund house sold 10.40 lakh shares of this small cap stock in April.
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7/8
Quant Mutual Fund
The fund house made complete exit from Marksans Pharma, Indian Energy Exchange, and Va Tech Wabag. The fund house sold 1.26 crore, 31.17 lakh shares of Marksans Pharma, Indian Energy Exchange in April.
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8/8
ICICI Prudential Mutual Fund
The fund house made a complete exit from Jamna Auto Industries, Team Lease Services, and Krishna Institute of Medical Science. The fund house sold 39.65 lakh, 1.85 lakh, and 90,106 shares respectively.
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