Stockwire

Top MF buys in the large-cap space

Here are three large-cap stocks wherein the MF industry has spent the highest amount

Top MF buys in the large-cap space

"The market, like the Lord, helps those who help themselves. But unlike the Lord, the market does not forgive those who know not what they do." Warren Buffett The stock markets around the world are going through a volatile phase. Over the last one year, the Sensex has given around negative two per cent return. But it is nothing new. The markets are expected to correct ones they overheat and rebound ones they punish too much. As investors, what we have in our hand is not to lose our focus. We can get some good ideas by tracking the moves of expert mutual fund managers. In this article, we have analysed three stocks, wherein mutual funds have raised their stake the most in the last six months (from December 2018 to June 2019). NTPC Incorporated in 1975 as a thermal power generation company, it is the country's largest power utility company, with a market share of 23 per cent and 16 per cent in power generation and installed capacity generation, respectively, as of FY19. The company's principal business includes power generation and selling it in bulk. It sells power through long-term power purchase agreements with state distribution utilities. It has an installed capacity of 52.3GW (including joint ventures and subsidiaries), which is mainly coal-based (85 per cent), while the remaining is shared among gas, hydro and renewables. With a total installed capacity of 357.9 GW, mainly dominated by thermal power (64 per cent), the power sector in India is going through a disruption phase. Renewable energy is fast emerging as a major source of power in India. The Government of India has set a target to achieve 175 G


Other Categories