Mphasis, Apollo Tyres among 8 midcap stocks bought by mutual funds in August
Mutual funds add or exit stocks to rebalance their portfolios and offer better returns. Here are midcap stocks that mutual funds added to their portfolios in August, according to Mutual Fund Insights by Nuvama Alternative & Quantitative Research.
The mutual fund house added PB Fintech to its portfolio in August. It bought around 26.41 lakh shares.
The mutual fund added only FSN e-commerce to its portfolio. It bought around 2.70 crore shares in August.
The fund house added Oil India to its portfolio. It bought 8.79 lakh shares to the portfolio in August.
The fund house added two new stocks to its portfolio. It bought Mphasis (20.30 lakh) and 3M India (12,200 shares).
The fund house added three new stocks to its portfolio. It bought Sun TV Network (14.70 lakh shares), Apollo Tyres (95,366 shares), and Sona BLW Precision Forgings (6.26 lakh shares).
