NEW DELHI: SBI MF, India’s largest mutual fund company, has shares worth Rs 4.36 lakh. The main change in the profile of the company in July included the purchase of heavy sectors in banking and technology, while the main sales were recorded in the sector of equipment and telecommunications.

SBIMF’s major new acquisitions include Thangamayil Jewellery, Chambal Fertilizer, and Nazara Tech. Major new additions include NBCC, Everest Industries, Gabriel India, ITD Cementation, and FirstSource Solutions.

The asset management firm reduced its holdings in IOCL, Power Grid, Zomato, GAIL, HDFC Bank, and Indian Hotels, while Sambardana Motherson International, Vodafone Idea, ICICI Bank, SBI, and Paradeep had stakes in Phosphate Industries and V-Guard. location

Top 5 Mutual Funds to Buy and Sell in July

As the Indian stock market rebounded in July 2022, retail investors stayed on the sidelines and made few fresh purchases in the mutual fund sector.

Equity revenue in July 2022 is Rs 89 billion.

But the incoming energy was very hot. The R89 billion received in July 2022 was down 42% from the R155 billion in June.

According to data published by the Association of Mutual Funds (AMFI), India’s total assets under management in the mutual fund industry increased from 35.6 tonnes in June 2022 so it became 37.8 tons on July 31, 2022…

$49.3 billion in debt financing by June 2022.

Funding income has increased significantly in the past five months. This may be due to Treasury pressure from corporate financing and increased yield risk.

Microfinance recorded the highest inflow of Ksh17.8bn while the Flexicap fund division collected Ksh13.8bn. Mid-cap funds raised Rs 12.4 billion and large-cap funds inflowed Rs 10.9 billion.

It’s not surprising that small-cap and mid-cap stocks outperform the index.