In the last one month, the BSE Smallcap index has gained about 14 per cent, while the Nifty Smallcap 100 Index has gained about 12 per cent.
mutual funds
Smallcap stocks have been in focus in the stock market boom. It has been showing strength in the last few months. The BSE Smallcap Index has gained about 14 per cent in the last one month while the Nifty Smallcap 100 Index has gained about 12 per cent in a month.
A report by brokerage house ICICI Direct shows the accounting of asset management companies (AMCs). In which mutual funds have bought and sold smallcap shares in May 2021.
Invest in these 10 small cap stocks
According to the report, the 10 stocks that mutual funds have bought include TCNS Clothing Co Ltd, TV18 Broadcast, Magma Fincorp, Sundaram Finance Holdings. companies are involved.
In the list of ICICI Direct, Solara Active Pharma Science, Butterfly Gandhimati Appliances 9Butterfly Gandhimathi Appliances, E.I.D. Includes Parry (EID Parry (India), Avanti Feeds, Lux Industries and Poly Medicure.
sale of these shares
The top 10 stocks sold by mutual funds in smallcap include companies like Gufic Biosciences, Sterling and Wilson Solar, Praj Industries, Shilpa Medicare.
MF has acquired Happiest Minds Technologies, NLC India, PTC India, Saregama India, Prince Pipes & Fittings, Valiant Organics during May 2021. Valiant Organics) stock also sold.
Investment in equity funds continues for the third consecutive month
Investment in equity funds continued for the third consecutive month and rose to Rs 10,083 crore in May, as against Rs 3,400 crore in April. Monthly data from the Association of Mutual Funds in India (AMFI) shows that investments in smallcap funds under this category were Rs 1,080 crore in May, compared to Rs 184 crore in April.
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