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    HomeNewsPhotosBusinessPersonal FinancePMS managers exited from these midcap stocks: Check your portfolio

    PMS managers exited from these midcap stocks: Check your portfolio

    PMS managers exited as these stocks either reached their target prices or turned unattractive due to weak prospects

    Dhuraivel Gunasekaran
    September 30, 2023 / 11:38 IST
    Despite bouts of volatility, domestic barometer indices have been on an uptrend and record-making spree over the last six months. Many stocks rallied and traded near to their life time high. Within the AMFI defined 150 midcap stocks, about 52 percent of the stocks were more than doubled in the last three years. Here are the most sold midcap stocks by Portfolio Management Services (PMS) in August, as per the Finalyca PMS Bazaar – an all-in-one investment analytics platform for PMS, AIF, MF & ULIP investments. Fund managers at various PMS may have chosen to sell their holding because of stocks reaching their in-house target prices, or an unfavourable change in underlying investment idea making the stock unattractive or the fund manager coming across a better placed stock offering higher potential upside. PMS managers exited as these stocks either got attained their target prices or turned unattractive due to weak prospects. Data as of August 2023.
    1/15
    Despite bouts of volatility, domestic barometer indices have been on an uptrend and record-making spree over the last six months. Many stocks rallied and traded near to their life time high. Within the AMFI defined 150 midcap stocks, about 52 percent of the stocks were more than doubled in the last three years. Here are the most sold midcap stocks by Portfolio Management Services (PMS) in August, as per the Finalyca PMS Bazaar – an all-in-one investment analytics platform for PMS, AIF, MF & ULIP investments. Fund managers at various PMS may have chosen to sell their holding because of stocks reaching their in-house target prices, or an unfavourable change in underlying investment idea making the stock unattractive or the fund manager coming across a better placed stock offering higher potential upside. PMS managers exited as these stocks either got attained their target prices or turned unattractive due to weak prospects. Data as of August 2023.
    Tube Investments of India No. of PMS strategies exited the stock in August: 7 Sample of PMS strategies that exited the stock in August: TATA - Emerging Opportunities and Motilal Oswal – VALUE
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    Tube Investments of India
    No. of PMS strategies exited the stock in August: 7
    Sample of PMS strategies that exited the stock in August: TATA - Emerging Opportunities and Motilal Oswal – VALUE
    Cummins India No. of PMS strategies exited the stock in August: 6 Sample of PMS strategies that exited the stock in August: Bonanza – Growth and QED Capital – Alphabets Also see: How have India’s oldest MF schemes rewarded investors?
    3/15
    Cummins India
    No. of PMS strategies exited the stock in August: 6
    Sample of PMS strategies that exited the stock in August: Bonanza – Growth and QED Capital – Alphabets

    Also see: How have India’s oldest MF schemes rewarded investors?
    Info Edge (India) No. of PMS strategies exited the stock in August: 4 Sample of PMS strategies that exited the stock in August: True-Equity Factor Quant and ICICI Prudential - ACE Portfolio
    4/15
    Info Edge (India)
    No. of PMS strategies exited the stock in August: 4
    Sample of PMS strategies that exited the stock in August: True-Equity Factor Quant and ICICI Prudential - ACE Portfolio
    Persistent Systems No. of PMS strategies exited the stock in August: 3 Sample of PMS strategies that exited the stock in August: True-Equity Factor Quant and QED Capital - Alphabets Also see: Microcaps that are fund house favourites but yet to unlock their potential
    5/15
    Persistent Systems
    No. of PMS strategies exited the stock in August: 3
    Sample of PMS strategies that exited the stock in August: True-Equity Factor Quant and QED Capital - Alphabets

    Also see: Microcaps that are fund house favourites but yet to unlock their potential
    Astral No. of PMS strategies exited the stock in August: 3 Sample of PMS strategies that exited the stock in August: MOAT - UpperCrust Wealth Fund and Composite India - Emerging Star Fund
    6/15
    Astral
    No. of PMS strategies exited the stock in August: 3
    Sample of PMS strategies that exited the stock in August: MOAT - UpperCrust Wealth Fund and Composite India - Emerging Star Fund
    Timken India No. of PMS strategies exited the stock in August: 3 Sample of PMS strategies that exited the stock in August: Hanut - Fundamental Quant and Green Portfolio - Special Also see: Risk mitigation strategy: low volatile largecap stocks held by smallcap funds
    7/15
    Timken India
    No. of PMS strategies exited the stock in August: 3
    Sample of PMS strategies that exited the stock in August: Hanut - Fundamental Quant and Green Portfolio - Special

    Also see: Risk mitigation strategy: low volatile largecap stocks held by smallcap funds
    Abbott India No. of PMS strategies exited the stock in August: 3 Sample of PMS strategies that exited the stock in August: Accuracap – Alphagen and Motilal Oswal - Multifactor Equity PMS
    8/15
    Abbott India
    No. of PMS strategies exited the stock in August: 3
    Sample of PMS strategies that exited the stock in August: Accuracap – Alphagen and Motilal Oswal - Multifactor Equity PMS
    Sundram Fasteners No. of PMS strategies exited the stock in August: 3 Sample of PMS strategies that exited the stock in August: Microsec - Opportunities Fund and Hanut - Fundamental Quant Also see: Nifty at 20K: These stocks had low weight on index - Active funds got the bet right
    9/15
    Sundram Fasteners
    No. of PMS strategies exited the stock in August: 3
    Sample of PMS strategies that exited the stock in August: Microsec - Opportunities Fund and Hanut - Fundamental Quant

    Also see: Nifty at 20K: These stocks had low weight on index - Active funds got the bet right
    AIA Engineering No. of PMS strategies exited the stock in August: 3 Sample of PMS strategies that exited the stock in August: NJ – Multicap and Samvitti-PMS Active Alpha Multicap
    10/15
    AIA Engineering
    No. of PMS strategies exited the stock in August: 3
    Sample of PMS strategies that exited the stock in August: NJ – Multicap and Samvitti-PMS Active Alpha Multicap
    Hindustan Petroleum Corporation No. of PMS strategies exited the stock in August: 3 Sample of PMS strategies that exited the stock in August: 360 One - Phoenix PMS and 360 One - Multicap PMS Also see: 13 Smallcap Gems That Infrastructure Mutual Funds Love to Hold
    11/15
    Hindustan Petroleum Corporation
    No. of PMS strategies exited the stock in August: 3
    Sample of PMS strategies that exited the stock in August: 360 One - Phoenix PMS and 360 One - Multicap PMS

    Also see: 13 Smallcap Gems That Infrastructure Mutual Funds Love to Hold
    IDFC First Bank No. of PMS strategies exited the stock in August: 2 Sample of PMS strategies that exited the stock in August: Chanakya Capital - Chanakya PMS and MOAT - Aggressive Leaders Fund
    12/15
    IDFC First Bank
    No. of PMS strategies exited the stock in August: 2
    Sample of PMS strategies that exited the stock in August: Chanakya Capital - Chanakya PMS and MOAT - Aggressive Leaders Fund
    P I Industries No. of PMS strategies exited the stock in August: 2 Sample of PMS strategies that exited the stock in August: TATA – ACT and TATA - Enterprising India Investment Also see: Stocks With Multiple Faces! Common Names Across Smart-Beta MFs
    13/15
    P I Industries
    No. of PMS strategies exited the stock in August: 2
    Sample of PMS strategies that exited the stock in August: TATA – ACT and TATA - Enterprising India Investment

    Also see: Stocks With Multiple Faces! Common Names Across Smart-Beta MFs
    Syngene International No. of PMS strategies exited the stock in August: 2 Sample of PMS strategies that exited the stock in August: Concept Investwell – Dynamic and Geojit - Dakshin Portfolio
    14/15
    Syngene International
    No. of PMS strategies exited the stock in August: 2
    Sample of PMS strategies that exited the stock in August: Concept Investwell – Dynamic and Geojit - Dakshin Portfolio
    Tata Elxsi No. of PMS strategies exited the stock in August: 2 Sample of PMS strategies that exited the stock in August: Jainam Share Consultant - Bharat 5T and True-Equity Factor Quant Also see: MC30 scheme review: Why PGIM India Midcap Opportunities Fund is a long-term wealth creator
    15/15
    Tata Elxsi
    No. of PMS strategies exited the stock in August: 2
    Sample of PMS strategies that exited the stock in August: Jainam Share Consultant - Bharat 5T and True-Equity Factor Quant

    Also see: MC30 scheme review: Why PGIM India Midcap Opportunities Fund is a long-term wealth creator
    Dhuraivel Gunasekaran
    Dhuraivel Gunasekaran
    Tags: ##personalfinance #invest #midcap stocks #mutual fund #PMS #Portfolio Management Services
    first published: Sep 28, 2023 07:10 am

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