Here's what India's top Mutual Funds bought and sold in August
Published on 15/09/2025 06:42 AM
Major Fund house of India bet on Auto stocks, private banks and quick commerce giant Eternal in the month of August, while trimming or exiting their stake in some underperforming names. Here's a look at that list.Equity mutual funds have deployed cash in the month of August. Cash balance has dropped from ₹1.85 lakh crore to ₹1.76 lakh crore as multiple block deals gave fund houses a chance to deploy inflows meaningfully. Here's what India's top Mutual Funds bought and sold in the month of August.SBI MF | India's largest fund house deployed cash to buy stake in Adani Energy Solutions (₹2,808 crore), ICICI Bank (₹781 crore) and Maruti Suzuki India (₹656 crore). It significantly reduced its stake in Muthoot Finance (₹682 crore), Hitachi Energy (₹462 crore) and HDFC AMC (₹417 crore). New entrants included JSW Cement, while Pakka Ltd. was a complete exit.HDFC Mutual Fund | The fund increased its stake in Reliance Industries (₹749 crore), Kotak Mahindra Bank (₹566 crore) and ICICI Bank (₹554 crore). It reduced its stake in ITC (₹454 crore), Mahindra & Mahindra (₹235 crore) and Colgate-Palmolive (₹136 crore). It also made a complete exit from CarTrade Technologies.ICICI Prudential MF | Kotak Mahindra Bank (₹1,015 crore) was among the biggest buys for this fund house in August, along with Info Edge India (₹959 crore), and Bharti Airtel (₹898 crore). It reduced its stake significantly in Maruti Suzuki India (₹4,382 crore), NTPC (₹2,443 crore), and Avenue Supermarts (₹2,356 crore). It bought fresh stake in stocks like Hikal and VIP Industries, while making a complete exit from Jagran Prakashan.Kotak Mutual Fund | The fund house was a big buyer in Eternal (₹1,081 crore) in August, along with ICICI Bank (₹635 crore) and Home First Finance (₹609 crore). It reduced stake in Exide Industries (₹880 crore), TCS (₹617 crore) and L&T (₹570 crore). It bought stake in the newly listed Vikram Solar, while Go Fashion was a complete exit.Axis Mutual Fund | Another fund house that bet on Auto stocks in August, Axis MF bought stake in Maruti Suzuki (₹564 crore), Apollo Hospitals (₹331 crore) and Hyundai Motor India (₹305 crore). Lupin (₹358 crore), Sun Pharma (₹313 crore) and Hindustan Aeronautics (₹290 crore) featured among its top reductions for the month. Bluestone Jewellery ranks as a fresh entry, while Jupiter Life was a complete exit.Aditya Birla Sun Life MF | The fund house increased its stake in Eternal (₹567 crore), CAMS (₹321 crore) and Federal Bank (₹289 crore), while reducing stake in Fortis Healthcare (₹369 crore), Hyundai Motor India (₹209 crore) and Sun Pharma (₹171 crore). It bought fresh stake in Cohance Lifesciences and Bluestone, while Campus Activewear was a complete exit.NewsLive TVMarketPopular CategoriesCalculatorsTrending NowLet's Connect with CNBCTV 18Network 18 Group :©TV18 Broadcast Limited. All rights reserved.