Britannia Industries, Adani Energy Solutions, Tata Power, Dabur, IRCTC, other top largecap stocks that Mutual Funds bought in August

Produced by: Harshita Tyagi
Designed by: Manoj Kumar

Equity mutual funds attracted net inflows of Rs 20,133.3 crore in the month of August, the highest in five months, up 168.25% over July, according to latest data from the Association of Mutual Funds in India (AMFI). The strong traction in equity funds was led by mid-cap and small-cap funds which continued to attract investor interest during August.

Mutual Funds inflows
surge in August

Largecap mutual funds continued to see outflows amidst profit booking at Rs 348.98 crore in August. However, the pace of outflows declined when compared to July which had seen outflows worth Rs 1,880 crore. Here’s a look at the top 10 largecap stocks that mutual fund houses bought in August. Their top picks include stocks like IndiGo, Vedanta, Tata Power and others, according to ICICIDirect.

Largecap stocks MFs bought in August

- Market Value as of August 2023: Rs 194 crore
- Market Value as of July 2023: Rs 46 crore
- Shares bought in August: 44 lakhs

Adani Power

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- Market Value as of August 2023: Rs 581 crore
- Market Value as of July 2023: Rs 391 crore
- Shares bought in August: 102 lakhs

Vedanta

- Market Value as of August 2023: Rs 178 crore
- Market Value as of July 2023: Rs 127 crore
- Shares bought in August: 6 lakhs

Adani Energy Solutions

- Market Value as of August 2023: Rs 10,339 crore
- Market Value as of July 2023: Rs 8,493 crore
- Shares bought in August: 97 lakhs

Interglobe Aviation (IndiGo)

- Market Value as of August 2023: Rs 4,153 crore
- Market Value as of July 2023: Rs 3,626 crore
- Shares bought in August: 121 lakhs

Dabur India

- Market Value as of August 2023: Rs 6,150 crore
- Market Value as of July 2023: Rs 5,716 crore
- Shares bought in August: 19 lakhs

Britannia Industries

- Market Value as of August 2023: Rs 3,024 crore
- Market Value as of July 2023: Rs 2,566 crore
- Shares bought in August: 150 lakhs

Tata Power Company

- Market Value as of August 2023: Rs 8,048 crore
- Market Value as of July 2023: Rs 6,195 crore
- Shares bought in August: 879 lakhs

Zomato

- Market Value as of August 2023: Rs 2,952 crore
- Market Value as of July 2023: Rs 2,812 crore
- Shares bought in August: 49 lakhs

UPL

- Market Value as of August 2023: Rs 570 crore
- Market Value as of July 2023: Rs 491 crore
- Shares bought in August: 8 lakhs 

Indian Railway Catering And Tourism Corporation (IRCTC)

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