Angel One among 27 smallcap stocks sold by mutual funds in May - SIP Rush
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Jun 13, 2024, 10:33:20 AM IST May orchestrated a SIP symphony, with monthly inflows hitting an all-time high of Rs 20,00 crore. Midcap schemes saw an inflow of Rs 2,600 crore in the month of May versus Rs 1,800 crore in April, while the smallcap schemes witnessed an inflow of Rs 2,700 crore in May versus Rs 2,200 crore in April. Here are the top smallcap stocks that the AMCs quitted or reduced in May: Agencies HDFC AMC completely exited from Radico Khaitan, Angel One and Shaily Engineering Plastics while its top reduced stocks are BEML and IDFC. ETMarkets.com While SBI MF did not completely exit any stocks, its top smallcap reductions are PVR Inox, Blue Star and CESC. iStock Bata India, PNC Infratech and Laxmi Organic are the top stocks that Kotak MF had exited in May while reducing its stake in Whirlpool India and Aavas Financiers iStock Axis Mutual Fund reduced its holdings in Global Health, Brigade Enterprises and RHI Magnesita. Howeve...