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Mutual Funds Splash $6.2B on SBI, IT Stocks in July 2025
18 Aug
Summary
- Mutual funds bought $6.2B worth of stocks in July 2025
- SBI received record $1.4B investment, the largest purchase
- IT giants Infosys and TCS saw $1.3B in inflows
According to a report by Nuvama Institutional Equities, mutual funds in India went on a buying frenzy in July 2025, investing a staggering $6.2 billion (Rs 45,400 crore) in the stock market. The top pick for these funds was State Bank of India (SBI), which received a record $1.4 billion (Rs 10,200 crore) investment, making it the single largest purchase.
The IT sector also saw a surge in mutual fund inflows, with Infosys and TCS collectively attracting $1.3 billion (Rs 9,400 crore) in fresh investments. Other notable beneficiaries included Anthem Bio, which received $370 million (Rs 2,700 crore), and HCL Technologies, which saw $355 million (Rs 2,600 crore) in inflows.
The report also highlighted that mutual funds trimmed their exposure in some stocks, with Interglobe Aviation and Eternal witnessing the largest selling of $330 million (Rs 2,400 crore) and $235 million (Rs 1,700 crore), respectively. Overall, the mutual fund activity in July 2025 reflects a continued confidence in the Indian equity market, particularly in the banking and IT sectors.
