What's on MF fund managers' radar?

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Thanks to the robust inflows into equity schemes, mutual funds have become a key driver of stocks. Last month, mutual fund managers net-bought shares worth Rs 5,400 crore. A similar quantum was invested by foreign institutional investors (FIIs). Although the data on monthly buying and selling of stocks for FIIs is not available, mutual fund fact sheets provided a peek into domestic funds' stock market activity. Here is a list of the top 10 stocks bought and sold by fund managers. The buying list is dominated by banking stocks, especially in the private space. On the other hand, stocks such as IDFC, Larsen & Toubro and Tech Mahindra feature in the most-sold list. IndusInd and Infosys were among the top stocks bought by HDFC Mutual Fund, while Reliance MF was seen preferring Axis Bank and PVR.