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Flexicap Funds Rotate ₹30,379 Crore Across Stocks in August

Flexicap Funds Rotate ₹30,379 Crore Across Stocks in August
₹19,416 cr bought, ₹10,963 cr sold: Where top flexicap funds put money in August · businesstoday.in

Top flexicap mutual funds changed many of their investments in August.

They bought shares worth ₹19,416 crore and sold shares worth ₹10,963 crore.

HDFC Bank received the biggest increase in investment among the stocks tracked.

UltraTech Cement was the largest new purchase.

Pharmaceuticals attracted the most money among sectors.

Fund managers reduced holdings in companies such as Power Finance Corporation and ICICI Bank.

They also completely exited some companies, including Cyient.

Overall, the funds moved money between different businesses instead of simply buying or selling everything.

Key facts

Total bought
₹19,416 crore
Total sold
₹10,963 crore
Largest increased exposure
HDFC Bank — ₹980 crore
Largest fresh purchase
UltraTech Cement — ₹988 crore
Top sectoral inflow
Pharmaceuticals — ₹1,498 crore
Largest reduced exposure
Power Finance Corporation — ₹605 crore
Largest complete exit
Cyient — ₹400 crore

Sources

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