New Delhi, April 15 -- Mutual funds lapped up stocks worth Rs.11,400 crore from the secondary market in March, and rejigged their portfolios in large, mid, and small-cap segments.
According to a report on Mutual Fund Insights by Nuvama Alternative & Quantitative Research, significant buying and selling was visible by active fund managers, with mutual fund houses raising stake in several popular stocks like Reliance Industries (RIL) and Tata Consultancy Services (TCS) while selling some names like Muthoot Finance, Voltas and BSE.
Among large-cap stocks, India's three largest firms by market capitalization - RIL, TCS and HDFC Bank were among the top additions. They bought Reliance shares worth Rs.3,000 crore last month, HDFC Bank shares w...
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