MFs pump Rs 22,000 cr into stocks in March amid extreme market volatility

Among large-caps, Kotak Mahindra Bank, HDFC, ONGC and Maruti Suzuki among most-bought shares; ITC tops sell list

Domestic mutual fund managers bought stocks worth Rs 22,200 crore in March, amid wild swings in share prices. Among the large-cap names, Kotak Mahindra Bank, HDFC, ONGC and Maruti Suzuki were among the most-bought shares. While in the mid-cap and small-cap segment top buys were Coforge, Indian Hotels, MCX and V-Guard shows the analysis done by Edelweiss.
 
On the other hand, ITC topped the sell list. Equity schemes cut exposure to the tune of around Rs 3,000 crore in the stock, taking advantage of a steady increase in its share price. Fund managers cut exposure in stocks such as