Mutual funds bought Rs 15,900 crore of stocks in July while FIIs sold Rs 11,000 crore. Axis Bank, INDO-MIM and Kotak Mahindra Bank saw major buying, while ICICI Bank, Eternal and Reliance Industries faced selling. Buying remained strong across large, mid and smallcap segments, reflecting active portfolio repositioning by fund managers.
The top holdings from the largecap segment in pure equity schemes were ICICI Bank, HDFC Bank, Axis Bank, Eternal Ltd. & Bharti Airtel.
Looking for the best mutual funds to invest? Here are our recommendations.
(Catch all the Mutual Fund News, Breaking News, Budget 2024 Events and Latest News Updates on The Economic Times.)
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