- Date : 03/01/2023
- Read: 4 mins
When managing a stock portfolio, many fund managers embrace a "buy and hold" strategy. MFs pick stocks that possess the possibility of increasing in value over time, and these are the ones that people also consider for their long-term investments.
Fund houses are firms that combine investor funds to purchase financial products. They hire professional financial advisers who determine where to make investments based on market situations. Read more to learn about the recent stock purchases of some fund houses using "buy and hold" approach!
Also Read: Stocks for Beginners.
What are the recent stocks bought by mutual fund houses following the "buy and hold" approach?
The fund houses choose when, where, and how they will place the money. When choosing which investments to make, fund managers consider a wide range of factors, including market and sector risks. Recently, some fund houses have invested in profitable long-term stocks, considering the market situation. The stocks they bought are as follows:
1. Eicher Motors: The MFs that have invested in Eicher Motors are LIC MF Tax, Kotak Infra &Eco Reform Fund, and Tata Large-Cap. It is a large-cap company.
Recent bought schemes: 7; total: 31
2. Ultratech Cement: The MFs that have invested in Ultratech Cement are Franklin Build India Fund, UTI Focused Equity, and ICICI Pru Retirement Fund-Hybrid Cons. It is a publicly traded company with a large market capitalization.
Recent bought schemes: 5; total: 52
3. NTPC: The MFs that have invested in NTPC are SBI Long Term Equity, Nippon India Value Fund, and Tata Resources and Energy. NTPC itself is a large-cap company.
Recent bought schemes: 6; total: 44
4. Induslnd Bank: The MFs that have invested in Induslnd Bank are Tata Focused Equity, Canara Rob Value, HDFC Top 100 Fund, and Aditya Birla SL Tax Relief. It is a large-cap company.
Recent bought schemes: 8; total: 31
5. Kirloskar Pneumatic Company: The MFs that have invested in Kirloskar Pneumatic Company are Franklin India Smaller Cos Fund, L&T Emerging Businesses, L&T Infrastructure, and Tata Business Cycle. It is a small-cap company.
Recent bought schemes: 5; total: 9
6. Hindalco Industries: The MFs that have invested in Hindalco Industries are Aditya Birla SL Tax, IDFC Infrastructure Fund, UTI Value Opp, and UTI Focused Equity. It is a large-cap company.
Recent bought schemes: 6; total: 40
7. Interglobe Aviation: The MFs that have invested in Interglobe Aviation are Aditya Birla SL India GenNext, ICICI Pru Balanced Advantage Fund, ICICI Pru Retirement Fund Hybrid Cons, and Nippon India Value. It is a large-cap company.
Recent bought schemes: 7; total: 19
8. Zee Entertainment Enterprises: The MFs that have invested in Zee Entertainment Enterprises are Tata Large & Mid-Cap, Aditya Birla SL India GenNext, and HDFC Mid-Cap Opportunities Fund. It is a mid-cap company.
Recent bought schemes: 11; total: 26
9. Jubilant Foodworks: The MFs that have invested in Jubilant Foodworks are Aditya Birla SL Bal Bhavishya Yojna, Aditya Birla SL Mid-Cap, and Axis Mid-Cap Fund. It is a mid-cap company.
Recent bought schemes: 5; total: 31
10. Bharat Electronics: The MFs that have invested in Bharat Electronics are Canara Rob Small-Cap, DSP Flexi Cap, and NJ Balanced Advantage Fund. It is a large-cap company.
Recent bought schemes: 7; total: 49
11. Bank of Baroda: The MFs that have invested in Bank of Baroda are Aditya Birla SL Dividend Yield, Kotak India EQ Contra, NJ Balanced Advantage Fund, and Kotak Tax Saver. It is a large-cap company.
Recent bought schemes: 7; total: 28
12. Hero MotoCorp: The MFs that have invested in Hero MotoCorp are Tata Dividend Yield, Kotak India EQ Contra, Kotak Multicap Fund, and HDFC Retirement Savings Fund-Equity. It is a large-cap company.
Recent bought schemes: 6; total: 23
Final words
Disclaimer: This article is intended for general information purposes only and should not be construed as investment or legal advice. You should separately obtain independent advice when making decisions in these areas.
