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Equity fund managers News

19 Aug 2016

MFs cut banking stocks exposure to Rs 82,000 crore in July-end

Mutual funds' allocation for bank stocks slumped to Rs 82,000 crore at the end of July, after touching a record high in the preceding month.

18 Feb 2016

MFs bullish on IT stocks; exposure at record high of Rs 43K crore

Industry experts said that fund managers have been raising their allocation in software stocks due to declining rupee against the US dollar.

02 Sep 2015

MFs buy shares worth Rs 10,533 cr in Aug, but FPIs hit exits

Mutual fund managers continued their shopping spree in August purchasing shares worth a staggering Rs 10,533 crore even though overseas investors pulled out a record money from the stock market.

19 Aug 2015

MF exposure to software stocks hits all-time high in July

Mutual Fund managers seem to be bullish on software shares as they raised their allocation in the sector to an all time-high of over Rs 38,000 crore in July due to depreciation in rupee.

17 Jul 2015

Mutual funds exposure to bank stocks declines to Rs 78,582 cr

Mutual funds' allocation to the banking sector dropped to Rs 78,582 crore in June, after hitting an all-time high in the preceding month, amid weakness in bank stocks.

18 Jun 2015

Mutual funds exposure to IT stocks surges to Rs 36,000 crore

Investments by mutual fund houses in software shares surged by 55 percent to nearly Rs 36,000 crore at the end of May on account of good return given by such stocks.

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