The top 100 companies ranked according to their market capitalisation are known as largecap stocks. Here are the top 10 largecap stocks bought by mutual funds in April, according to a report by ICICI Direct Research.
Agencies
Mutual funds held 3,027 lakh shares of Kotak Mahindra Bank in April against 2,563 lakh shares in March. The total market value of these shares in April was Rs 49,160 crore.
Agencies
Mutual funds held 4,280 lakh shares of Punjab National Bank in April against 3,775 lakh shares in March. The total market value of these shares in April was Rs 6,037 crore.
Agencies
Mutual funds held 1,480 lakh shares of Vedanta in April against 3,775 lakh shares in March. The total market value of these shares in April was Rs 5,886 crore.
Agencies
5/11
HDFC Life Insurance Company
Mutual funds held 1,413 lakh shares of HDFC Life Insurance Company in April against 1,264 lakh shares in March. The total market value of these shares in April was Rs 8,246 crore.
IANS
Mutual funds held 447 lakh shares of Marico in April against 404 lakh shares in March. The total market value of these shares in April was Rs 2,315 crore.
Agencies
7/11
Tata Power Company
Mutual funds held 1,969 lakh shares of Tata Power Company in April against 1,780 lakh shares in March. The total market value of these shares in April was Rs 8,845 crore.
Mutual funds held 1,267 lakh shares of HUL in April against 1,179 lakh shares in March. The total market value of these shares in April was Rs 28,253 crore.
Mutual funds held 239 lakh shares of Havells India in April against 224 lakh shares in March. The total market value of these shares in April was Rs 3,984 crore.
Agencies
Mutual funds held 193 lakh shares of Eicher Motors in April against 181 lakh shares in March. The total market value of these shares in April was Rs 8,862 crore.
ETMarkets.com
Mutual funds held 433 lakh shares of Shriram Finance in April against 407 lakh shares in March. The total market value of these shares in April was Rs 11,037 crore.