Mutual funds bought FMCG, construction, auto, and IT stocks in November. Selling was seen in telecom, cement, oil and gas, sugar, and tea stocks, while stocks were re-aligned in the engineering, and banking sectors. Funds continued to buy huge chunks of engineering stock KEC Infrastructures [Get Quote], while diluted exposure to aluminium major Hindalco [Get Quote].

Among the equity IPOs that listed in November, Lanco Infratech [Get Quote], Parsvnath Developers [Get Quote], and Info Edge India attracted mutual funds. In terms of value, Tata Motors [Get Quote], L&T, and Punj Lloyd [Get Quote] were the top purchases by MFs, while SBI [Get Quote], Siemens, and Reliance Industries [Get Quote] topped the sell list.

Top shares traded by MFs                             (based on volume)
Top 5 shares bought	No. of Shares
KEC Infrastructures	15,430,455
ITC	5,867,383
Simplex Infrastructures [Get Quote]	3,459,043
Andhra Bank [Get Quote]	3,447,455
Deccan Aviation [Get Quote]	3,442,551
Top 5 shares sold	No. of Shares
Hindalco Industries	14,316,337
Ashok Leyland [Get Quote]	6,635,814
State Bank of India	3,776,307
Siemens	3,028,121
Cummins India [Get Quote]	3,023,319

A study of the top ten mutual funds' equity portfolios as on November 30, which are UTI, Prudential ICICI [Get Quote], Reliance, HDFC [Get Quote], Templeton, SBI, Birla SunLife, Tata, Kotak, and DSP ML MF reveals that five out of the ten MFs added to their investments in KEC Infrastructures. SBI MF was the top buyers of the stock with over 53 lakh shares bought.

Among other engineering stocks, Punj LLoyd, and L&T were bought, while Siemens, Cummins India, Crompton Greaves [Get Quote], HEG, and Thermax were among the top sells.

FMCG heavyweight ITC continued to be the second top buy in terms of volume. It was bought by six MFs with UTI MF being the top buyer with over 49 lakh shares bought, while Reliance, Kotak, and Templeton MF pared exposure to the stock. Among other FMCG pivotals, over 31 lakh shares of Hindustan Lever [Get Quote] were bought.

Hindalco - the top sell was sold by seven MFs. Templeton MF with over 77 lakh shares sold was the top seller of the stock. Among other metal stocks, Tata Steel [Get Quote], and Hindustan Zinc [Get Quote] were sold, while Welspun Gujarat, Maharashtra Seamless [Get Quote], and Jindal Saw [Get Quote] were among the top buys.

Tata Motors - the top value buy was bought by five of the top 10 MFs. Reliance MF was the top buyer of the stock with 29.5 lakh shares bought, while HDFC, UTI, and DSP ML slashed exposure to it.

Among other auto stocks, TVS [Get Quote] Motor, Escorts, Hero Honda, Rico Auto, Exide [Get Quote],, M&M, and Apollo Tyres [Get Quote] were bought, while Ashok Leyland, and Maruti [Get Quote] were sold.

Top shares traded by MFs                             (based on value)
Top 5 shares bought	Value (Rs in cr)
Tata Motors	222.43
Larsen and Toubro	196.36
Punj Lloyd	193.71
Dr Reddys Laboratories	166.63
Wipro [Get Quote]	143.92
Top 5 shares sold	Value (Rs in cr)
State Bank of India	496.21
Siemens	341.62
Reliance Industries	300.85
Hindalco Industries	248.17
ACC	168.34

SBI - the sell in terms of value was dumped by eight MF. HDFC MF was the top seller with over 16 lakh shares sold. However, Templeton MF added to their investments in the stock.

Among other banking stocks, PNB, UTI Bank [Get Quote], and Canara Bank [Get Quote] were among the top sells, while Andhra Bank, IDFC [Get Quote], and Indian Overseas Bank [Get Quote] were the top buys.

Among the IPOs that listed in November, Lanco Infratech was the most popular one with a total of over 20 lakh shares bought by four of the top 10 MFs, followed by Parsvnath Developers with 10.6 lakh bought by seven MFs and Info Edge India with 1.5 lakh shares bought by five MFs.

DSP ML MF was the top investor in Lanco Infratech with over 12.6 lakh shares purchased. Pru ICICI MF was the top investor in the Parsvnath Developers IPO with 2.8 lakh shares purchased, while Templeton MF was the top investor in Info Edge with 73,533 shares bought.

Among other sectors, construction and IT witnessed buying. Construction stocks Simplex Infrastructures, Nagarjuna Construction, Subhash Projects, and Hindustan Sanitaryware were among the top purchases. IT stocks Wipro, HCL Technologies [Get Quote], R Systems, Rolta, and Infotech Enterprises [Get Quote] were bought extensively.

Meanwhile, telecom, cement, oil and gas, sugar, and tea stocks weighed heavy on the sell list. Telecom majors Sterlite Industries, MTNL [Get Quote], and Bharti Airtel [Get Quote] witnessed selling. Cement pivotals ACC, GAC, Mysore Cements [Get Quote], OCL India [Get Quote], and Jaiprakash Associates [Get Quote] too were sold. Among oil and gas stocks, Reliance, BPCL [Get Quote], and IOC were sold extensively. Tea stocks Assam Company, McLeod Russel, Tata Tea [Get Quote], and sugar stocks Bajaj Hindustan [Get Quote], Balrampur Chini [Get Quote], Ugar Sugar too were sold.

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