Synopsis
Mutual fund managers flush with cash, thanks to strong inflows into equity products for the twelfth month in a row, lapped up beaten-down blue chips amid the 4.4% decline in the Sensex in February. They bought shares like RIL, Infosys and HDFC while cutting exposure to TCS, metals and some new-age businesses.
Mutual fund managers flush with cash, thanks to strong inflows into equity products for the twelfth month in a row, lapped up beaten-down blue chips amid the 4.4% decline in the Sensex in February. They bought shares like RIL, Infosys and HDFC while cutting exposure to TCS, metals and some new-age businesses.
In the mid- and small-cap categories, some fund managers took bets on the reopening trade, as the economy limps back to normalcy. In the
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