Small-cap stocks have been the focus of recent market rallies as they have seen strong buying over the past few months; The BSE Small-cap Index is up nearly 14% over the past month, while the Nifty Small-cap 100 Index is up about 12% for the same period. month. Month.
The ICICI Direct mutual fund activity report shows the best small-cap buy/sell in buying/selling AMC (Asset Management Companies) mutual funds in May 2021.
The top 10 largest small equity mutual fund purchases include companies such as TCNS Clothing Co Ltd, TV18 Broadcast, Magma Fincorp, Sundaram Finance Holdings. The list compiled by ICICI Direct also includes Solara Active Pharma Science, Butterfly Gandhimathi Appliances, E.I.D. Parry (India), Avanti Feeds, Lux Industries, and Poly Medicure.
The list reached the top 10 selling small mutual funds and includes companies such as Gufic Biosciences, Sterling and Wilson Solar, Praj Industries, and Shilpa Medicare. As of May 2021, MF is also selling Happiest Minds Technologies, NLC India, PTC India, Saregama India, Prince Pipes & Fittings, Valiant Organics.
Inflows to equity funds continued for the third month in a row and increased by 10,083 kroner in May compared to 3,400 kroner in April. The small-cap fund category under the program saw an inflow of 1,080 kroner in May, compared with 184 kroner in April 2021, according to monthly data from the Mutual Funds Association of India (AMFI).