Which Are The Often Recommended Stocks In The Indian Share Markets?

Investment

oi-Sunil

By Sunil Fernandes

Published: Monday, July 20, 2015, 9:09 [IST]

This is one of the most tricky answers to give, because over a period of time there would be so many recommendation by analysts that it is impossible to suggest a few. So, the best way to look at would be to see what mutual funds are buying. Take a look at the top stocks that mutual funds hold and you could safely say that these could be the best recommended stocks.

In fact, brokers and analysts have also often suggested buying these shares which have delivered solid value to shareholders in the last few years.

HDFC Bank

HDFC Bank is the top holding in most of the major mutual fund schemes in the country. You do not see HDFC Mutual Fund buying into HDFC Bank, probably because they are part of the same group. This is a guess we are hazarding though it may nor may not be true.

But, in most other mutual fund schemes HDFC Bank now remains the top holding. ICICI Prudential Focused Bluechip Equity Fund, J P Morgan India Equity fund, L&T India Large Cap Fund, UTI Opportunities Fund, Religare Invesco, Birla Sun Life Focussed Equity Fund and Tata Balanced Fund are some of the schemes where HDFC Bank is in the top slot.

The list is rather long, but, all of the above have HDFC Bank as the top stock in their portfolio.

The good thing why almost all of the mutual fund houses have HDFC Bank in their portfolio is because it's a bank that has its bad assets or non performing assets well under control. It keeps growing consistently at more than 20 per cent and has an impeccable track record. This makes it a perennial favorite with fund houses.

Infosys

Infosys has not been showing a stupendous growth as in the past, which is why it is not the number one favorite these days.

However, a host of mutual fund schemes still continue to hold Infosys and it occupies the second place in terms of value of holdings in many schemes. It's not as if it is there in all schemes, but as mentioned in many schemes. It's ability to remain there would largely depend on the company's own performance.

Among the other stocks that often find a place in mutual fund portfolios include the likes of ICICI Bank, Axis Bank, Larsen and Toubro, Eicher Motors, Motherson Sumi, Reliance and several other stocks.

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