Mutual fund investors’ confidence seemed to have come back in January with net inflow of Rs 1.06 lakh crore compared with the record outflow in December. Total assets grew 5 percent to Rs 22.4 lakh crore.
Here’s what the top three fund houses bought or sold in January:
ICICI Prudential Mutual Fund
It holds equity assets worth $18.2 billion in 404 securities. Exposure to financials stood at 26.4 percent followed by industrials at 11.3 percent.
HDFC Mutual Fund
The fund house has equity assets worth $20.6-billion in 396 securities. The top exposure is towards financials at 33.1 percent and industrials at 16 percent.
Reliance Mutual Fund
Total equity assets of $14.2 billion under management invested in 533 securities. By industry, the highest exposure is towards financials at 28.1 percent and industrials at 16.8 percent.