Mutual Funds »Funds»MF News»MF News Details
MF News Details
Back

MF buying trend

Chandan Kishore Kant / 15 Feb 17 | 11:54 PM

Stocks of oil and information technology (IT) companies were among the most bought by equity fund managers in January. Infosys was a clear favourite. Fund managers say it is hard to find a replacement for the IT stock in their portfolio. But, not all IT stocks were chosen. Tata Consultancy Services was among the most liquidated in portfolios. UltraTech Cement and Maruti Suzuki were also sold. Appetite for oil companies rose, with global crude oil prices going up. Talk of a mega merger of oil companies fuelled interest. Fund managers also found a window to offload Idea Cellular, buoyant after news of merger talks with Vodafone. A snapshot of what fund managers thought were hot and cold in January.





 

Widgets Magazine

 

Widgets Magazine
Widgets Magazine

Poll

What do you think the impact of GST on the cost of living will be?



Fund Selector

Select Funds based on returns.
Category
Period
Returns
AUM
   Search

Online Portfolio

You can create Online Portfolio here using the below button.

Widgets Magazine