April Mutual Fund Sectoral Weightages Show Mixed Trends
Mutual funds in April demonstrated interest in several sectors, leading to a month-on-month increase in their weights, as reported by Motilal Oswal Financial Services.
Top Mutual Fund Weightage Sectors in April
- Private Banks:** 17.3% - 0.3% decline from previous month
- Automobiles:** 8.4% - moderate growth
- Capital Goods:** 7.8% - moderate growth
- Healthcare:** 7.5% - moderate growth
- Technology:** 6.7% - moderate growth
Top Five Sectors with Maximum Value Increase
- NBFC - Non Lending:** high growth
- Logistics:** high growth
- Capital Goods:** high growth
- EMS:** high growth
- Utilities:** high growth
Sectors Showing Single-Digit Growth
- Metals:** single-digit growth
- Automobiles:** single-digit growth
- Banks-Private:** single-digit growth
- Textiles:** single-digit growth
- Oil & Gas:** single-digit growth
- Healthcare:** single-digit growth
- Cement:** single-digit growth
- Telecom:** single-digit growth
- Insurance:** single-digit growth
- Technology:** single-digit growth
Sectors with Mutual Fund Ownership Lower than BSE 200
- Oil & Gas:** 19 funds under-owned
- Consumer:** 15 funds under-owned
- Utilities:** 14 funds under-owned
- Private Banks:** 13 funds under-owned
- PSU Banks:** 12 funds under-owned