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What Mirae Asset Mutual Fund bought and sold in May? Here is the break up


Portfolio Churn
The Mirae Asset Mutual Fund manages assets worth Rs 1.74 lakh crore as of May 2024. It manages 63 mutual fund schemes. Here is what the fund house bought and sold in May, according to the monthly data released by Prime Database.

ANI

Increased holdings
The fund house hiked its stakes in around 284 stocks, which includes IRFC, SBI Cards and Payments, Berger Paints, Adani Power, PGCIL, Varun Beverages, IRCTC, Crisil, GIC, Kalyan Jewellers, Patanjali Foods, Jio Financial Services, Rail Vikas Nigam, and RITES.

ETMarkets.com

Decreased holdings
The fund house decreased its holdings in 112 stocks, which includes Eicher Motors, SBI, Sun Pharma, Dabur India, CONCOR, Coforge, Havells India, Maruti Suzuki, HDFC Bank, Tata Steel, Jindal Steel & Power, Jubilant Foodworks, Bharti Airtel, Grasim Industries, and BHEL.

ETMarkets.com

New entries
The fund house added nine new stocks to its portfolio. These included Go Digit GI, Arvind, TBO Tek, Raymond, DCB Bank, Ujjivan Small Finance Bank, HUDCO, Great Eastern Shipping, and EIH.

ANI

Complete exit
The fund house made a complete exit from these two stocks in May — Apeejay Surrendra Park Hotels, and Ujjivan Financial Services.

IANS

Industry-wise shareholdings

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Industry-wise shareholdings

The industry-wise shareholding of the fund house was financial services and healthcare (31.01% each), consumer discretionary (16.09%), industrials (8.42%), IT (8.04%), commodities (7.61%), energy (6.92%), FMCG (4.72%), telecommunication (3.36%), services (2.35%), utilities (1.72%), and no allocation in diversified.

IANS



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