Coforge, Fortis Health see increased mutual fund holding in Q3, HDFC Bank declines

Dec 4, 2023

By: Sourabh Jain

Coforge

Coforge has seen the highest increase in mutual fund holdings from 27.73 percent in Q2 FY24 to 42.29 percent in Q3 FY24, an increase of 14.56 percent.

Credit: Coforge

Fortis Healthcare

Fortis is a distant second, with a 4.01 percent increase in mutual fund holding. The mutual fund holding in Fortis Health has increased from 18.49 percent in Q2 FY24 to 22.5 percent in Q3.

Credit: Fortis-Healthcare

ACC

Indian cement producer ACC is next on the list with a 3.31 percent increase. The mutual fund holding in the company has increased from 9.21 percent to 12.52 percent in Q3 FY24.

Credit: ACC

Prestige Estates

Prestige Estates is a close fourth with a 2.92 percent increase in mutual fund holdings. The mutual fund holdings in the company have increased from 9.26 percent in Q2 FY24 to 12.18 percent in Q3 FY24.

Credit: Prestige-Estates

Aurobindo Pharma

Pharma giant Aurobindo Pharma is next on the list with a 2.90 percent increase. The mutual fund holding in the company has increased from 8.37 percent to 11.27 percent.

Credit: Aurobindo-Pharma

HDFC Bank

HDFC Bank has recorded the highest decrease in mutual fund holdings during the September quarter. Mutual fund holdings in the bank have decreased from 17.6 percent to 8.74 percent, a 8.86 percent decrease.

Credit: BCCL

LIC Housing

LIC Housing is a distant second, with a decrease of 3.4 percent. The mutual fund holdings in the company have decreased from 18.66 percent to 15.26 percent.

Credit: LIC-Housing

Ashok Leyland

Ashok Leyland is next on the list, with a 3.14 percent decrease. The mutual fund holding in the company has decreased from 13.24 percent in Q2 FY24 to 10.1 percent in Q3 FY24, a 3.14 percent decrease.

Credit: Ashok-Leyland

Crompton Greaves Consumer

Crompton Greaves Consumer has recorded a 2.06 percent decrease, from 37.49 percent holding in Q2 FY24 to 35.43 percent holding in Q3 FY24.

Credit: Crompton-Greaves-Consumer

NHPC

Hydropower company NHPC is fifth on the list, with a 1.95 percent decrease in mutual fund holdings. The mutual fund holdings in the company have decreased from 9.37 percent in Q2 FY24 to 7.42 percent in Q3 FY24.

Credit: NHPC

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