Top 10 Stocks Bought by AMCs in Dec 2019

You can track mutual funds buying or selling as they are like rats who leave the ship first if the ship is sinking and case in point is the exit of a big mutual fund from DSP Mutual Fund selling bonds of Dewan Housing Finance Ltd (DHFL) before all hell broke loose. We have covered DHFL as a falling knife stock. You can find about good share for intraday here.

Top 10 Stocks bought by Mutual funds in Dec 2019 are as listed in the below image.


Remember when they sold the bond was rated AAA. Now they have also got a SEBI inquiry and details are as appended below:

The Securities and Exchange Board of India (Sebi) has initiated an inquiry into DSP Mutual Fund selling bonds of Dewan Housing Finance Ltd (DHFL) in September 2019, two people aware of the matter said. News of the sale had triggered a 60% intra-day crash in the DHFL share price. "The market regulator wrote to the fund house earlier this month probing whether there was a violation of model code of conduct by the fund house when it sold the highly rated paper at a loss," said the first of the two people cited above, both of whom spoke under condition of anonymity.