What did mutual funds buy and sell the most last month?

We analysed sector-wise allocation data and found a clear pattern: fund managers are leaning into Financials but becoming selective in the Insurance sector. Want to know which fund houses were behind the big moves? And which banking and pharmaceutical stocks got a lot of love? Read on. If you were tracking mutual fund buying activity in June 2025, one thing is clear: Banking & NBFCs and Pharmaceuticals were the stars of the month. Mutual funds increased their exposure to the Banking & NBFC sector, the highest jump among all sectors. The rally in this space likely reflects growing optimism around credit growth, stable interest rates and robust Q1 earnings outlooks. The buying wasn’t scattered either — it was focused. Prominent fund houses like DSP, Canara Robeco, Bandhan, SBI and Mirae Asset led the charge with substantial banking sector allocations. At a broader fund level, the most attention went to RBL Bank, Ujjivan Small Finance Bank and Manappuram Finance. Meanwhile, the Pharmaceuticals sector continued its upward march, likely driven by strong earnings growth and