Yes Bank, IDFC First to Mazagon Dock: Top mid-cap stocks mutual funds bought & sold in February

Yes Bank, IDFC First, Mazagon Dock, HUDCO and Bandhan Bank were among the top mid-cap stocks that witnessed significant buying and selling by mutual fund houses in the month of February.

Stock market investors often track the investment trends of mutual fund houses as it offers insights into their sectoral and stock preferences.

Top Midcap Picks

According to a report by Motilal Oswal Financial Services (MOFSL), Yes Bank, IDFC First Bank, Prestige Estates, Bandhan Bank, and AU Small Finance were the top five counters that witnessed the highest net buying by mutual funds (MFs) in February on a month-on-month (MoM) basis.

In signs of bottom fishing, MFs lapped up YeS Bank shares the most last month from the Nifty Midcap 100 pack as the private lender slipped 13%. The total number of YeS Bank shares held by MFs were 33.13 crore, witnessing a MoM change of 33.4%.

Meanwhile, MFs' stake in IDFC First increased by 18.1% on a MoM basis to 45 crore shares, with the value of holding at ₹2,630 crore as of February 2025.

Prestige Estates, Bandhan Bank and AU Small Finance Bank were among other top mid-cap stock picks of MFs in February and the number of shares held in these companies rose by 15.2%, 12.5% and 10.6% MoM.

Top Midcap Sells

On the other hand, PSU stocks HUDCO and Mazagon Dock witnessed the highest MoM net selling in February 2025, followed by Tata group stock Voltas, Muthoot Finance and UPL.

MFs stake in HUDCO declined by 35.8% to 1.64 crore shares in February while in Mazagon Dock, their holding dipped by 13.1% to 0.44 crore shares.

In Voltas, MFs' stake dropped by 7.4% to 5.98 crore shares, with their holding value stood at ₹7,890 crore at the end of the month. In Muthoot Finance and UPL, MFs' stakes dropped by 6.2% each.

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Disclaimer: This story is for educational purposes only. The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.