Stock market today: Power of trust, Angel One and Muthoot Finance were among 17 stocks that mutual funds dumped completely in October, suggests a report by Nuvama Alternative & Quantitative Research. Other companies that mutual funds have exited include The Ramco Cement, Crompton Greaves Consumer, Natco Pharma, City Union Bank, Gujarat Gas, Havells, Maruti Suzuki India, ABB, Piramal Enterprise, Sterlite Technologies, Muthoot Finance, Voltas, Torrent Power and Orient Cement. .

Mutual Fund Details for All Market Cap Schemes

According to a report on major activities in mutual funds, the Nuvama Institutional Equities report showed that HDFC Mutual Fund has completely exited Global Health Ltd (Medanta), Angel One Ltd and Reliance Power Ltd. HDFC Mutual Fund in turn added shares of Nuvoco Vistas Corporation and JSW. Steel Ltd in the portfolio.

SBI Mutual Fund, on the other hand, completely exited companies such as The Ramco Cement Ltd, Crompton Greaves Consumer Electricals Ltd and Natco Pharma during the month of October. SBI Mutual Fund added shares of Hindustan Petroleum Corporations Ltd, Sansera Engineering and Torrent Pharma.

Kotak Mutual Fund added KEI Industries and LTI Mindtree while shedding its stakes in City Union Bank Ltd, Gujarat Gas and Havells India.

Axis Mutual Fund bought shares and added stakes in HDFC AMC and HCL Technologies Ltd, but it completely exited Maruti Suzuki India Ltd, ABB Ltd and Global Health Ltd (Medanta).

Nippon India Mutual Fund added Sansera Engineering and Sudarshan Chemicals to its portfolio and completely exited its stakes in Piramal Enterprises, Sterlite Technologies and Muthoot Finance.

Quant Mutual Fund is the only fund to add Adani Enterprises to its portfolio in October. Tata Chemicals Ltd and Ipca Laboratories Ltd are other major additions from the fund house. She has not completely abandoned any of her involvements.

ICICI Prudential Mutual Fund added shares of Nestle India, Sundaram Clayton and Life Insurance Corporation and exited Voltas Ltd, Torrent Power Ltd and Orient Cement Ltd.

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