We have explored eight tools that are available on Morningstar.in so far. You can see how these tools operate in this post.
Our website offers another interesting tool called Most Popular Stocks which helps you understand which are the most widely owned stocks (by market value and buying/selling activity in shares) by mutual funds.
This tool is available under the section Portfolio > Most Popular Stocks.
Enter any number from 1 to 100 in the search box. You can sort the results based on market value, change in shares, number of funds and hit the go button.
We searched for the top 10 stocks by market value. The results show that HDFC Bank tops the list. It is owned by 476 funds as on June 2021. These 476 funds own 61.81 crore shares as of June 2021. You can also see the Number of Shares, Previous Number of Shares and Change in Shares. The Change in Shares indicates whether these funds increased or decreased their holding in the stock. In the case of HDFC Bank, there was an increase of 1.02 crore shares. The second most popular stock among mutual funds is ICICI Bank. ICICI Bank is owned by 511 funds. Infosys is the third most popular stock owned by 443 mutual funds. The data shows that these funds have pared the holdings in the stock by offloading 1.20 crore shares.
If you sort the results by Change in Shares, you will get a list of stocks that saw the most buying activity by mutual funds. The result shows that ITC was the most bought stock by funds. The number of ITC stocks held by 291 funds went up from 109 crore shares to 116 crore shares, up by 7.32 crore shares as of June 2021. It was the most bought stock last month.
Sona BLW Precision Forgings which was listed in June 2021 was the second most bought share in terms of the number of shares. A total of 80 schemes bought 7.30 crore shares of the company in June 2021.
