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Some of their top picks in January included IndusInd Bank, Bank of India, Divis Laboratories, GlaxoSmithKline Pharmaceuticals, Aditya Birla Capital, Unichem Laboratories and Ipca Laboratories.
Mutual funds bought 61 lakh shares of Adani Power in August, compared to 17 lakh shares in July. In value terms, they bought shares worth Rs 194 crore, brokerage ICICI Securities said in its report. Quant Mutual Fund bought 14 lakh shares of Adani Enterprises for Rs 344 crore last month
Top mutual funds bought fresh stakes in Inox Wind, BSE, RPG Life Sciences, Shivalik Bimetals Control and Thomas Cook (I) and hiked their holdings in Suzlon Energy, Minda Corp, SJS Enterprises and Medplus Health Services, according to a Nuvama report