Stocks That FPIs And Domestic Mutual Funds Consistently Bought And Sold So Far This Year

Despite rising valuations, foreign investors and domestic mutual funds remain net positive investors in equities so far this year, buoyed by abundant liquidity, a recovering economy aided by government spending and abating fears of the pandemic’s third wave.

The benchmark Nifty 50 has risen about 29% so far this year, with its mid-cap and small-cap benchmarks surging about 58% and 54%, respectively.

Foreign portfolio investors net bought stocks worth Rs 44,879 crore since December till October, according to Bloomberg data. While they pulled out money in October, marking net outflows in three of 10 months amid concerns over expensive valuations in the domestic market, FPI ownership of BSE 200 companies has risen so far this year.

Domestic mutual funds, too, net bought equities worth over Rs 33,852 crore during the period. For five of 10 months, mutual funds have been net sellers though.

So far this fiscal, FPIs increased their stake in 40 companies of the BSE 200 Index consistently in the last three quarters. They pared their stake in 25 companies consistently.

Mutual funds increased and decreased stake in 26 companies each.

Selection Criteria

BSE 200 stocks.
Stocks with consistent increase or decrease in FPI or mutual fund holdings in the past three quarters.

Data is updated on exchanges within a month after a quarter ends. Here are the companies that saw biggest rise and fall in FPI and mutual fund holdings till the end of September quarter this year.

Foreign Investors

Investors ramped up their stake in Crompton Greaves Consumer Electricals Ltd. the most, in percentage terms, between December 2020 and September 2021, followed by MRF Ltd., SBI Cards and Payment Services Ltd., HDFC Life Insurance Co. and Piramal Enterprises Ltd.

Foreign investors pared their stakes the most in percentage terms in Zee Entertainment Enterprises Ltd. during the same period. That was followed by Vedanta Ltd., Natco Pharma Ltd., Adani Green Energy Ltd. and Oberoi Realty Ltd.

Domestic Mutual Funds

Mutual funds ramped up their stake in SBI Life Insurance Co. the most in percentage terms between December 2020 and September 2021, followed by Shriram Transport Finance Ltd., City Union Bank Ltd., SBI Cards and Payment Services and Polycab India Ltd.

Mutual funds pared their stake in Voltas Ltd. the most in percentage terms between December 2020 and September 2021, followed by Hindustan Petroleum Corp., PI Industries Ltd., Exide Industries Ltd. and Balkrishna Industries Ltd.