What mutual funds bought and sold in May 2023

May 2023 in brief

• •Mankind Pharma was the stock mutual funds bought most in May 2023: 9 funds opened a new position, and none sold out. See the figures →
• •State Bank of India was the stock mutual funds sold most in May 2023: 8 funds sold out entirely, and none bought in. See the figures →
• •IT - Software gained the most weight in fund portfolios in May 2023 (8.2% → 8.8% of equity, +0.59 pts); Banks lost the most (19.5% → 18.5%). See the figures →
• •Foreign portfolio investors bought a net ₹43,838 Cr of Indian equity in May 2023; active equity mutual funds sold ₹3,466 Cr. See the figures →
• •The widest split was in Financial Services: foreign investors bought ₹17,671 Cr while mutual funds sold ₹3,215 Cr. See the figures →