Top MF Bulk Deals in India for Long and Short Term Investments in 2024
Mutual funds stand as a favored choice for novice investors aiming to expand their investment horizons and secure long-term returns. These funds, managed by experts, employ a diverse range of strategies to fulfill their investment objectives. Among these strategies, the concept of ‘bulk deals’ emerges as a unique and potentially rewarding approach.
In this blog, we’ll embark on a journey to familiarize the realm of mutual fund bulk deals. We will explore what bulk mutual fund deals entail, how they function, and the potential advantages and disadvantages they bring to the table, offering valuable insights for your investment journey.
Top 10 MF Bulk Deals in India
Here are the top 10 MF bulk deals in India:
| Fund Name | Stock Exchange | Trade Percentage |
|---|---|---|
| ICICI Prudential Mutual Fund | BSE | 0.74% |
| Franklin Templeton Mutual Fund | NSE | 0.59% |
| Motilal Oswal Mutual Fund | NSE | 1.80% |
| SBI Mutual Fund | BSE | 0.62% |
| Quant Gilt Fund | NSE | 0.54% |
| HDFC Mutual Fund | BSE | 0.79% |
| Invesco Mutual Fund | NSE | 0.62% |
| Kotak Mahindra Mutual Fund | BSE | 1.28% |
| Tata Mutual Fund | NSE | 2.52% |
| Nippon India Mutual Fund | NSE | 3.33% |
Disclaimer: Please note that the above list is for educational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing.
Overview of the Top 10 Mutual Fund Bulk Deals in India
Here is a brief overview of the 10 listed MF Bulk Deals in India. These funds over the top MF bulk deals in the country:
ICICI Prudential Mutual Fund
As of September 30, 2018, ICICI Pru Mutual Fund, also known as ICICI Prudential Mutual Fund, boasts an Average Assets Under Management (AAUM) of Rs 468,196.92 Crore. Managed by the trustees of ICICI Prudential Trust Ltd, this fund, established in 1993, is over 30 years old. It is one of the best investment plan in India for MF Bulk Deals.
The fund now oversees assets exceeding Rs. 5.1 Lakh Crore, showcasing significant growth. With renowned fund managers on board, ICICI Prudential Mutual Fund, headquartered in Mumbai, offers diverse funds catering to all socioeconomic brackets.
Franklin Templeton Mutual Fund
In 1996, Franklin Templeton Investments commenced operations in India as Templeton Asset Management India Pvt. Ltd. The registered Franklin Templeton Mutual Fund launched its inaugural fund, the Templeton India Growth Fund, in September 1996. Franklin Templeton now boasts 21 funds with a decade-long track record and several others surpassing the 20-year milestone. In 2002, the company achieved the status of India’s largest mutual fund by acquiring Pioneer ITI AMC Ltd., a joint venture between Pioneer and the Investment Trust of India, following Unit Trust of India.
Motilal Oswal Mutual Fund
Motilal Oswal Asset Management Company Ltd. (MOAMC) serves as the Investment Manager for Motilal Oswal Mutual Fund, based in Mumbai and established in 2008 under the Companies Act of 1956. It is a registered Portfolio Manager under the SEBI (Portfolio Managers) Regulations, 1993, and is sponsored by Motilal Oswal Financial Services Ltd. (MOFSL). It is one of the best investment options for young adults in India on our list.
Motilal Oswal Mutual Fund operates actively in 600+ locations nationwide, boasting a diverse portfolio of financial services with over 9 Lakh registered clients and 2400+ office premises. In addition to asset management, MOAMC provides advisory services to offshore funds, engaging in business consultancy, portfolio management, and research exchange.
SBI Mutual Fund
Established on June 29, 1987, and incorporated on February 7, 1992, SBI Mutual Fund became India’s second Mutual Fund following the Unit Trust of India’s initiation in 1963. In a strategic move in July 2004, SBI divested 37% of the Fund, bringing in Amundi as a partner. In 2015, the Employees’ Provident Fund of India made a groundbreaking investment of Rs 5,000 Crore in SBIMF Sensex ETFs, marking its first investment in an Indian Mutual Fund investment options for salaried employees.
SBI Mutual Fund oversees assets totaling Rs. 7.22 lakh crores. In early 2019, it surpassed Aditya Birla and HDFC Mutual Funds, securing the position as the third-largest Mutual Fund body in India based on Assets under Management (AUM).
Quant Gilt Fund
Launched on December 14, 2022, Quant Gilt Fund Direct – Growth by Quant Mutual Fund has rapidly grown to a medium-sized fund in its category within 11 months. It manages assets worth ₹57 Crores, with an expense ratio of 0.51%, in line with other Gilt funds. It is also one of the potentially high return investment options in India on our list.
HDFC Mutual Fund
HDFC Mutual Funds supported over 75,000 distribution partners across 210 branches in 200+ cities in India. The HDFC Asset Management Company Ltd. gained AMC approval from SEBI on June 30, 2000 and has been providing portfolio management and investment advisory services since September 18, 2016. It is also one of the safe investment options in India for MF Bulk Deals.
Invesco Mutual Fund
In 2016, Invesco acquired the remaining 51% of shares from co-sponsor Religare, rebranding as Invesco Mutual Fund. Registered under SEBI, it operates as a trust under the Indian Trusts Act, 1882. Invesco Asset Management (India) strives to meet the investment needs of individuals, corporations, and institutions. Managing a diverse product portfolio through specialized teams, they prioritize achieving optimal balance and results.
Kotak Mahindra Mutual Fund
In December 1998, Kotak Mutual Fund initiated its operations as the pioneer AMC to introduce a dedicated gilt fund exclusively for Government securities. Registered by SEBI, it delivers mutual fund and portfolio management services, including pension fund management through its subsidiary, Kotak Mahindra Pension Fund Limited.
Tata Mutual Fund
Tata Asset Management Ltd. (TAML), a Tata Group entity, founded in 1994, manages Tata Mutual Fund, providing diverse investment options tailored to investors’ risk appetite, financial goals, and income. The company focuses on performance, service, and trust, aiming to enhance investors’ quality of life and secure their financial future. TAML presently offers hybrid, equity, and fixed income funds.
Nippon India Mutual Fund
Nippon India Mutual Funds, formerly known as Reliance Mutual Fund, stands out as a premier asset management company in India. It oversees assets in managed accounts, mutual funds, pension funds, alternative investments, and offshore funds. Nippon Life India Asset Management Limited (NAM India) serves as the asset manager for Nippon India Mutual Fund. The major stakeholders, holding 75.93% of its equity share capital, are Reliance Capital Limited and Nippon Life Insurance Company.
What are Bulk Deals by Mutual Funds?
A bulk deal happens when a large number of company shares or mutual fund units are bought or sold all at once. Institutional investors like mutual funds, pension funds, and insurance companies usually do this through stock exchanges or private transactions.
These NSE mutual fund bulk deals show up on trading platforms, affecting stock prices in real-time. The broker handling the deal reports it to the exchange. If it happens in multiple transactions, the broker combines them and notifies the exchange within an hour after the trading day ends. The broker also provides details such as the stock’s name, the client’s name, the type of deal (buy or sell), the number of shares, and the stock price. This information helps investors keep track of market activities.
Why Invest in MF Bulk Deals?
SEBI introduced bulk deals to enhance transparency and clarify the reasons for surges in specific stock volumes. These transactions are mainly executed by institutional investors, mutual funds, or high-net-worth individuals, and they are typically more informed about a company’s opportunities and risks.
Bulk deals offer valuable insights to investors. They reveal the rising and falling interest in specific stocks or sectors based on pricing and timing. This information helps retail investors steer their investments in the right direction.
It’s important to note that not all bulk deals reflect long-term investment strategies. Some may involve intraday trading to capitalize on short-term price movements, while others may involve changes in company ownership, often with promoters adjusting their cross-holdings. As a result, these transactions do not necessarily indicate a long-term view of the company.
How do Bulk Deals Work?
Mutual funds efficiently buy or sell a large number of shares in a single move, often through stock exchanges or private deals. These big transactions, known as bulk deals, involve mutual funds agreeing on a price with a fellow investor. Here’s what you need to know:
- Streamlined Trading: Bulk Deals Mutual funds execute bulk buy by mutual funds deals to efficiently trade a substantial amount of shares in a single go, saving time and resources.
- Market or Off-Market: Bulk deal by MF can occur within the stock exchange system or privately off the market, giving mutual funds flexibility in their trading strategies.
- Negotiated Pricing: In a bulk deal, mutual funds and counterparties agree on a price that works for both parties, allowing for negotiations and potentially better deals.
- Lower Costs: By purchasing or selling shares in bulk, mutual funds may reduce transaction costs, which can ultimately benefit investors through lower expenses.
- Risk Management: Bulk deals enable mutual funds to manage their portfolio efficiently and make strategic adjustments to their holdings.
- Liquidity Management: Mutual funds can use bulk deals to efficiently manage cash flows or to take advantage of investment opportunities.
Who Should Invest in MF Bulk Deals?
Investors with substantial financial capacities, such as institutional players like mutual funds, insurance companies, and venture capital firms, are prime participants in Mutual Fund (MF) Bulk Deals. Individuals with a higher risk tolerance, market-fluent traders, and those employing long-term investment strategies also find these transactions appealing. Moreover, entities committed to compliance with SEBI regulations are drawn to the structured framework of MF bulk deals. These transactions involve trading at least 0.5% of a company’s total equity shares, making them attractive to those seeking potentially high returns while navigating the intricacies of the market. Understanding the diverse investor profiles sheds light on the varied motivations driving participation in MF bulk deals.
How to Invest in MF Bulk Deals in India?
Here is how you can start investing in MF Bulk Deals in India:
- Choose a Reputable Platform: Go for a reliable investment platform or broker that provides access to comprehensive information on MF bulk deals. We have provided an educational list of the most reputed funds that offer bulk deals in India. The list can help you get an idea of what constitutes a good bulk deal investment. Transparency is crucial in making informed choices.
- Stay Informed: Regularly monitor market news and updates related to MF bulk deals. Being well-informed enables you to respond to market changes promptly.
- Consult with Financial Advisors: Seek guidance from financial experts or advisors to understand the potential impact of MF bulk deals on your investment strategy. Their insights can be invaluable.
How to Choose Good MF Bulk Deals in India?
When navigating the realm of Mutual Fund (MF) Bulk Deals in India, a strategic approach is key. Here’s a concise guide to assist you in making informed choices:
- Diversify Wisely: Consider bulk deals that contribute to portfolio diversification, spreading investments across sectors and industries for reduced risk exposure.
- Research Fund Performance: Prioritize funds with a consistent track record. Analyze historical performance, risk metrics, and fund manager expertise to gauge overall fund health.
- Transaction Transparency: Choose deals with transparent transactions. Ensure that the fund manager communicates all relevant details, including the names of the scrips involved, quantities traded, and executed prices.
- Consider Market Trends: Stay attuned to market trends. Select bulk deals aligned with current market conditions and future growth prospects to maximize returns.
- Understand Holding Periods: Evaluate the fund’s historical holding periods for bulk deals. A longer holding period may indicate a more strategic and patient investment approach.
- Adherence to Regulatory Guidelines: Confirm that the bulk deals adhere to regulatory guidelines set by SEBI and other relevant authorities, ensuring compliance and transparency.
- Track Institutional Participation: Monitor institutional participation in bulk deals. Recognizable names, such as reputable asset management companies or mutual funds, can instill confidence in the deal’s credibility.
Features of MF Bulk Deals
The following are a few basic features that constitutes an MF Bulk Deal:
- Buying/selling at least 0.5% of a company’s total equity shares listed in a specific exchange.
- The broker executing the trade must daily inform the exchange with order details: Scrip name, client name, quantity, and traded price. Immediate notification for single transactions; within one hour for multiple transactions after trading closure.
- Executed trades must result in delivery, not squared off or reversed.
- SEBI’s optimal trading, settlement, surveillance, and risk regulations for common trading activities also apply to bulk deals.
- The exchange must share complete information about the bulk deal in the public market after trading hours on the same day.
- Bulk deals typically involve institutional players like mutual funds, asset management companies, insurance companies, banks, and venture capital firms.
Factors Influencing MF Bulk Deals in India
In the dynamic landscape of Mutual Fund (MF) Bulk Deals in India, several key factors significantly impact market dynamics. Understanding these factors is crucial for investors and financial enthusiasts seeking insight into the complexities of MF transactions. Here are pivotal elements that shape the landscape of MF Bulk Deals:
Market Conditions
The prevailing market conditions play a pivotal role in influencing MF Bulk Deals. Factors such as economic indicators, overall market sentiment, and sector-specific trends can impact decision-making for Mutual Fund managers.
Company Performance
The financial health and performance of specific companies hold substantial weight in determining MF Bulk Deals. Fund managers often base their decisions on the fundamental analysis of a company, including its earnings, growth prospects, and market position.
Regulatory Changes
The regulatory environment in India can have a significant impact on MF Bulk Deals. Changes in SEBI regulations, disclosure norms, or tax implications can influence the decision-making process for fund managers and investors alike.
Investor Redemptions and Inflows
Fluctuations in investor sentiment, leading to redemptions or inflows, can drive MF Bulk Deals. Fund managers may adjust their portfolios to accommodate changing investor preferences or market conditions.
Sectoral Trends
The performance and outlook of specific sectors within the market play a crucial role in shaping MF Bulk Deals. Fund managers may strategically allocate assets based on sectoral trends and growth projections.
Global Economic Factors
The interconnectedness of global markets means that international economic factors can impact MF Bulk Deals in India. Global economic trends, geopolitical events, and currency fluctuations can influence investment decisions.
Liquidity and Trading Volumes
The liquidity of a stock and overall trading volumes in the market are essential considerations for MF Bulk Deals. Higher liquidity often provides more flexibility for fund managers to execute transactions seamlessly.
Risk Management Strategies
The implementation of risk management strategies is paramount in the world of MF Bulk Deals. Fund managers carefully assess and manage risks associated with market volatility, credit, and liquidity to safeguard investor interests.
Challenges of Bulk Deals by Mutual Funds
Here are the few challenges posed by bulk deals of mutual funds:
The Liquidity Tightrope
Bulk deals have the potential to tighten the ropes of liquidity, particularly when mutual funds intend to divest a significant portion of their holdings. This tightrope act might force them to sell their assets at discounted prices, resulting in possible financial setbacks for investors.
Market Turbulence
Investing in mutual funds often means you’re part of a larger group of investors. When these funds engage in substantial purchases or sales, such as bulk deals, they can stir up turbulence in the market. Yet, it’s important to note that this market commotion might not always play out in your favor.
The Peril of Overconcentration
Diversification is the name of the game, and mutual funds are no exception. Bulk deals can magnify the peril of overconcentration. In such cases, the mutual fund’s stake in a particular company or scheme can become a substantial part of its portfolio. This heightened risk means your investment success hinges largely on the performance of that specific asset, underlining the need for diversifying your investments.
Benefits of Bulk Deals by Mutual Funds
- Unlock Savings: Bulk deals offer a cost-effective way for new investors to save money due to reduced transaction costs.
- Maximize Capital: Investors, especially beginners, can efficiently utilize their capital by participating in bulk deals, acquiring or selling numerous shares at once.
- Quick Action: In volatile markets, speed matters. Bulk deals ensure swift execution, allowing investors to make timely decisions.
- Market Impact: Keep an eye on mutual fund bulk deals as they can indicate good or bad news for a stock or scheme, influencing other market participants.
Additionally, remember that bulk deals can involve significant volumes of shares, making them a strategic tool for both cost-conscious and profit-focused investors.
Implications of Bulk Deals by Mutual Funds
Aside from the mentioned advantages and disadvantages, bulk deals made by mutual funds carry significant implications for investors:
Market Insights
When a mutual fund conducts a bulk sale of shares from a specific company, it can indicate the fund manager’s perception of that company’s future prospects. If they’re unoptimistic, it can influence market sentiment and lead other investors to follow suit.
Regulatory Compliance
Mutual funds must adhere to strict regulatory requirements when executing bulk transactions. They are obligated to promptly report these deals to the stock exchange and regulatory bodies like SEBI (Securities and Exchange Board of India). Non-compliance can result in penalties.
Mutual Fund Performance Impact
The impact of a bulk deal on a mutual fund’s performance hinges on various factors, such as deal size, share prices, and the effect on the stock or mutual fund scheme’s value. Effective execution can boost a fund’s performance, while poor execution can harm it.
Risk Management
Managing risk is paramount for mutual fund managers in bulk deals. Purchasing a substantial number of shares from one company can heighten the fund’s exposure to that company’s specific risks, such as market or operational issues. Therefore, careful risk assessment and mitigation measures are vital.
Liquidity Influence
Large-scale transactions can affect a stock’s liquidity, making it easier or harder for investors to buy or sell shares. This liquidity impact may also ripple through the market.
Long-term Prospects
Bulk deals can signify a mutual fund’s belief in the long-term potential of a particular investment. This can provide insights for investors looking for stable opportunities.
Understanding the implications of bulk deals by mutual funds is crucial for beginner investors, as it sheds light on how these transactions can shape market sentiment, influence fund performance, and carry regulatory obligations, all while posing potential risks and rewards.
Bulk Deals vs Block Deals by Mutual Funds
Here is a comparative analysis of MF Bulk Deals and MF Block Deals:
| Aspects of Difference | MF Bulk Deals | MF Block Deals |
| Definition | Deals where the total shares traded exceed 0.5% of the share capital. | Execution of a minimum of 5 lakh shares or value of Rs.5 crore. |
| Trading Windows | Can be transacted through normal or block trading windows. | Executed within the 35-minute block deal window after trading opens. |
| Execution Approach | Can involve sliced trades throughout the day for advantageous market volatility. | Often executed in one large block to avoid market impact. |
| Reporting Responsibility | Broker executing the trade must report to the exchange, within 1 hour if executed through the day. | Broker must report immediately to the exchange. Cannot be squared off intraday. |
| Interest Indication | Indicates concentration of interest in a stock, possibly from informed investors. | Used by large institutions for ownership shifts. Helps identify trends. |
| Data Caution | Some investors may execute slightly below the 0.5% mark to avoid reporting. | Separate intraday trades and short-term trades from bulk transfers among institutions. Beware of arbitrage funds and heavy shorting in futures. |
| Analysis Focus | Consider trends over a period of at least 2 years for meaningful insights. | Focus on consolidated bulk deals data to understand stock movements and identify adept traders and investors. |
Taxation on Mutual Funds as per the Union Budget of 2024-25
The taxation on capital gains from your mutual fund investments is based on their holding periods and asset allocation. A few revisions were made to the tax rates, depending on their types, in the Union Budget 2024-25. It may be important to learn about these revisions when considering mutual fund bulk deals. These changes include:
Equity Mutual Funds
- Short-Term Capital Gains (STCG): The gains from equity mutual funds held for less than 12 months are now taxed at 20%. This is an increase from the previous tax rate of 15%.
- Long-Term Capital Gains (LTCG): For equity mutual funds held for over a period of over 12 months, gains are classified as long-term capital gains. The new budget introduces these key changes to the LTCG:
- Tax-Free Limit: The capital gains up to Rs. 1.25 lakh per year are tax-free. This is an increase from the previous limit of Rs. 1 lakh.
- Tax Rate: The gains exceeding Rs. 1.25 lakh are now taxed at a flat rate of 12.5%. This is an increase from the previous rate of 10%.
- Indexation: The benefit of indexation, which allowed investors to adjust the purchase price for inflation, has been removed for all asset classes, including equity mutual funds.
Indexation was a method that allowed investors to adjust the purchase price of assets for inflation. This adjustment reduced taxable profits when selling assets like property or gold. Previously, these long-term capital gains were taxed at 20%. The new rule imposes a flat 12.5% tax on all long-term capital gains but eliminates any indexation benefits.
| Capital Gains Tax | Holding Period | Old Rate | New Rate |
| Short-Term Capital Gains (STCG) | Less than 12 months | 15% | 20% |
| Long-Term Capital Gains (LTCG) | More than 12 months | 10% | 12.50% |
Debt Mutual Funds
- Short-Term Capital Gains (STCG): If you sell your debt fund units within a period of 36 months, the gains are classified as short-term capital gains. The STCG will be taxed according to your income tax slab rate.
- Long-Term Capital Gains (LTCG): For debt funds held for a period over 36 months, the gains are classified as long-term capital gains. The new budget outlines a few changes on the LTCG for debt funds, including:
- Tax Rate: A flat 12.5% tax rate applies to these gains.
- No Indexation Benefit: The previous benefit of adjusting the purchase price for inflation is removed. Now, the entire gain after three years is taxable at 12.5%.
- Change in Holding Period for Specified Mutual Funds: Previously, debt mutual funds with a holding period of over 36 months were taxed based on the investor’s tax slab, classified as Long-Term Capital Gains (LTCG). Now, for specified mutual funds where over 65% of the investment is in debt, the holding period for taxation has been reduced to over 24 months. These funds will still be taxed according to the investor’s tax slab as either LTCG or STCG.
| Capital Gains Tax | Holding Period | Old Rate | New Rate |
| Short-Term Capital Gains (STCG) | Less than 36 months | Taxed according to your income tax slab | Taxed according to your income tax slab |
| Long-Term Capital Gains (LTCG) | More than 36 months | 10% | 12.50% |
Hybrid Mutual Funds
Short-Term Capital Gains (STCG)
The tax on short-term capital gains depends on the fund’s asset allocation when it comes to hybrid mutual funds. Here is a breakdown of STCG tax rates according to their asset allocation in hybrid funds:
- Equity-Oriented Hybrid Funds (more than 65% in equity): The gains from units sold within 12 months are taxed at 20%.
- Debt-Oriented Hybrid Funds (less than 65% in equity): The gains from units sold within three years are taxed according to your income tax slab.
Long-Term Capital Gains (LTCG)
The capital gains tax on hybrid mutual funds that extend the specified period (12 or 36 months) is known as the long-term capital gain tax. The tax treatment under this condition is as follows:
- Equity-Oriented Hybrid Funds: The gains from units held for over a period of 12 months are taxed at 12.5%. The gains up to Rs. 1.25 lakh are tax-free.
- Debt-Oriented Hybrid Funds: The gains from units held for over a period of 36 months are taxed at 12.5% without indexation benefits. This means the entire gain is taxed at this rate, without adjustment for inflation.
| Type of Hybrid Fund | Short-Term Capital Gains (STCG) | Long-Term Capital Gains (LTCG) | Indexation Benefit |
| Equity-Oriented Hybrid Funds | 20% for holdings less than 1 year | 12.5% for holdings over 1 year, with gains up to Rs. 1.25 lakh tax-free | Not available |
| Debt-Oriented Hybrid Funds | Taxed as per income tax slab for holdings less than 3 years | 12.5% for holdings over 3 years | Not available |
Note: Mutual fund schemes where neither the equity nor debt orientation exceeds 65% will now be classified as long-term investments after 24 months. The previous holding period for these funds was 36 months. These will be taxed at the revised LTCG tax rate of 12.5%.
How are Retail Investors Affected by MF Bulk Deals?
As a beginner investor, keep an eye on bulk deals data to understand how interest in your stocks changes, especially among large investors. This data provides insight into how stock prices react to these significant transactions. It also reveals which institutional investors are involved in these deals. While bulk deals offer hints about future price direction, be cautious when using them for your trading strategy, as they may not always predict trends accurately. Always conduct your due diligence before making investment decisions.
To Wrap It Up…
Mutual fund bulk deals offer investors a valuable tool to gain insights into market trends, diversify their portfolios, and access professional management. With their potential benefits in terms of liquidity and returns, as well as features like risk mitigation and tax efficiency, these deals can be a strategic addition to your investment strategy. However, it’s essential to remain vigilant about the risks associated with market volatility and potential adverse market movements. By understanding the advantages, features, and risks of mutual fund bulk deals, you can make informed decisions to optimize your investment portfolio and achieve your financial goals.
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Frequently Asked Questions (FAQs) on Mutual Fund Bulk Deals
Bulk deals occur when big players like mutual funds buy or sell a substantial number of shares or units from a company or mutual fund scheme in one go. It’s like a heavyweight move in the world of investing.
Bulk deals offer mutual fund investors a cost-effective and swift way to execute transactions, delivering efficiency and savings. This can be especially advantageous for novice investors.
Mutual funds must follow rules and regulations when conducting large transactions. This includes promptly reporting their trades to both the stock exchange and the appropriate regulatory authorities like SEBI.
Mutual fund managers must skillfully handle risks tied to large transactions, which can heighten exposure to specific company-related perils like market and operational uncertainties.
A bulk deal occurs when an investor purchases or sells over 0.5% of a publicly traded company’s shares on a stock exchange. This 0.5% threshold can be reached through one or multiple trades in a single trading day. It’s a significant move that can impact a company’s stock and is essential for newbie investors to grasp.
