7 Stocks Where Mutual Funds Raised Their Stake In December 2023

1. "TCS & ICICI Bank"

The stocks which have been ranked first in the list is Tata Consultancy Service & ICICI Bank, which has 40 AMCs holding their stocks. 

2. "Infosys & Maruti Suzuki"

The second spot is taken by Infosys and Maruti Suzuki, with 39 asset management companies owing their shares of mutual funds in the companies. 

3. "RIL & HDFC Bank" 

The third spot is acquired by two big names, i.e. Reliance Industries Ltd. & HDFC Bank mutual funds, which has 38 AMCs holding their shares. 

4. "SBI, Titan, Axis Bank, M&M, & NTPC

Fourth on the list is a couple of stocks namely SBI, Titan, Axis Bank, Mahindra & Mahindra (M&M), & National Thermal Power Corporation (NTPC), which has 37 AMCs owing shares. 

5. "HCL Tech, ITC, And L&T"

HCL Tech,  Indian Tobacco Company (ITC), and Larsen & Toubro (L&T) funds, have been ranked at the fifth spot, which has 35 AMCS investing in their shares. 

6. "Sun Pharma, Tech Mahindra, & Ultra Tech"

The sixth spot is taken by couple of names, i.e. Sun Pharma, Tech Mahindra, & Ultra Tech, they have 35 AMCs holding their shares in their stocks. 

7. "HUL & Bajaj Finance"

Hindustan Unilever Ltd. (HUL) & Bajaj Finance, have 35 AMCs holding their shares in their funds.