Mutual funds boost equity bets in June, favour largecaps and private banks

By

, ET BureauLast Updated: Jul 15, 2026, 06:26:00 AM IST

Synopsis

Fund houses experienced robust equity inflows during June. Money managers favored large-cap stocks trading below historical averages. Private banks like HDFC Bank and Axis Bank were consistently purchased. Healthcare companies also received fresh allocations for steady growth. This investment trend was supported by easing geopolitical tensions and softer oil prices.

Fund houses saw strong equity inflows in June as easing geopolitical tensions, softer oil prices and resilient domestic macros supported sentiment.

Money managers leaned into large-caps, which are trading below historical averages, while selectively adding small-caps with earnings visibility.

Private banks were a clear favourite, with HDFC Bank, Axis Bank and Bajaj Finance consistently bought across AMCs. Healthcare too drew fresh allocations, with Piramal Pharma, Corona Remedies, Emcure Pharma and KIMS picked for their defensive cash flows and steady growth.

Agencies