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Sectors that gained mutual funds’ interest in May


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In May, mutual funds showed an interest in auto, capital goods, telecom, metals, consumer durables, real estate, infrastructure leading to a month-on-month (MoM) rise in their weights, according to a report by Motilal Oswal Financial Services.

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Banks: Private
Private banks had the highest weightage of around 17.2%. It was the top sectoral holding for mutual funds in May. The other sectors that followed were auto (8.7%), capital goods (8.5%), technology (7.8%), and healthcare (7%).

ANI

Maximum increase in value

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Maximum increase in value

Infrastructure, capital goods, real estate, auto, and consumer durables were the sectors witnessing the maximum increase in value MoM.

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Sectors with ownership lesser than 1%

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Sectors with ownership lesser than 1%

The top sectors where mutual fund ownership vis-à-vis the BSE 200 was at least 1% higher were Consumer (20 funds under-owned), Oil & Gas (18 funds under owned), private banks (13 funds under-owned), technology (12 funds under-owned), and Utilities (12 funds under-owned).

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Sectors with ownership of over 1%

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Sectors with ownership of over 1%

The top sectors where mutual fund ownership vis-à-vis the BSE 200 is at least 1% higher were Healthcare (15 funds over-owned), Capital Goods (14 funds over-owned), Consumer Durables (11 funds over-owned), NBFCs (10 funds over-owned), and Automobiles (8 funds over-owned).

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