Mirroring trends in February, mutual funds continued to add rate sensitives (private banks) in March as well even as their exposure was also enhanced in OMCs and auto, according to a report by Edelweiss. Funds also took contra long bets in Reliance Industries ... The Financial Chronicle, 2 months ago
Domestic share prices witnessed significant volatility in recent times, but that has not shaken up the confidence of domestic mutual fund managers in the cyclical sectors. Banking continues to be the top cyclical pick for most fund managers with about 20 per ...The Financial Chronicle, 2 months ago
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