Top Mutual Funds' December Moves: IPOs, Aviation, and Sector Shifts Dominate

Market

CNBC TV18•16-01-2026, 09:29

•Indian Mutual Funds recorded ₹28,100 crore in net equity inflows in December, with SIP contributions reaching a new high of ₹31,000 crore.
•Funds actively invested in new IPOs like Meesho and ICICI Prudential AMC, and increased stakes in aviation sector companies such as Interglobe Aviation amidst its crisis.
•SBI MF bought Meesho and ICICI Prudential AMC IPOs, and Interglobe Aviation, while exiting Bank of Baroda and reducing stakes in HDFC Bank and Reliance Industries.
•ICICI Prudential MF acquired Interglobe Aviation, ITC, and Swiggy, but reduced holdings in Infosys and TCS, and exited Indus Towers.
•HDFC MF also increased its stake in Interglobe Aviation, bought Eternal and ICICI Prudential AMC, and exited Bharat Dynamics and OLA Electric.
•Kotak MF added HDFC Bank, Bank of Maharashtra, and Bank of Baroda, while reducing Hindalco Industries and exiting Bajaj Auto.
•Axis MF bought Shriram Finance, Reliance Industries, and Tata Motors, but reduced Bajaj Finance and IndiGo, and exited Asian Paints.