The Indian equity market has been on a record-making spree over the last six months, with bouts of volatility. Given that in the current scenario, equity markets appear to be near their all-time high levels in terms of valuation, portfolio managers prefer to hold stocks that could provide stability and cushion the market uncertainties. Large-cap stocks are among the least volatile in the equity market. Here are the top 10 most popular large-cap stocks among Portfolio Management Services (PMS) managers. Data source: Finalyca PMS Bazaar. Data as of July 31, 2023.
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ICICI Bank No. of PMS strategies hold the stock: 120 Sample of PMS strategies hold the significant exposure to the stock: Trivantage Capital - Focussed Corp Lenders (Plan B) and Emkay Investments - Capital Builder
3/11
HDFC Bank No. of PMS strategies hold the stock: 110 Sample of PMS strategies hold the significant exposure to the stock: Trivantage Capital - Focussed Corp Lenders (Plan B) and ASK – FOP.
State Bank of India No. of PMS strategies hold the stock: 78 Sample of PMS strategies hold the significant exposure to the stock: Turtle Wealth - 212 ° Wealth Mantra and Magadh - Value for Growth
Infosys No. of PMS strategies hold the stock: 76 Sample of PMS strategies hold the significant exposure to the stock: MRG Capital - Wealth Protector and Concept Investwell – Legend
Larsen & Toubro No. of PMS strategies hold the stock: 71 Sample of PMS strategies hold the significant exposure to the stock: Samvitti-PMS Long Term Growth and Emkay Investments - Emkay's 12
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Reliance Industries No. of PMS strategies hold the stock: 59 Sample of PMS strategies hold the significant exposure to the stock: LIC MF Factor Advantage and MRG Capital - Wealth Enhancer
Axis Bank No. of PMS strategies hold the stock: 56 Sample of PMS strategies hold the significant exposure to the stock: Chanakya Capital - Chanakya PMS and Trivantage Capital - Focussed Corp Lenders (Plan B)
ITC No. of PMS strategies hold the stock: 56 Sample of PMS strategies hold the significant exposure to the stock: Carnelian Capital - YNG STRATEGY and IDFC Neo – Equity
Bharti Airtel No. of PMS strategies hold the stock: 50 Sample of PMS strategies hold the significant exposure to the stock: Jainam Share Consultant - Bharat 5T and ICICI Prudential - Large Cap Portfolio
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Titan Company No. of PMS strategies hold the stock: 48 Sample of PMS strategies hold the significant exposure to the stock: MRG Capital - Wealth Protector and Marcellus - Consistent Compounders
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