These 6 stocks featured in profiles of 25 more MFs in March compared to Feb
Apr 15, 2024
Mutual funds (MFs) showed a bullish sentiment towards Indian equities in March, as indicated by their combined net investments of approximately Rs 44,233 crore. ETMarkets analysis highlighted that six stocks were added to the portfolios of 25 more MF schemes in March compared to February. Among these, three stocks have delivered returns exceeding 20% in the current calendar year, while the rest remained either stagnant or experienced negative performance. (Data Source: ACE MF | ACE Equity)
ETMarkets.com
In March, the number of MF schemes holding the stock increased to 277 compared to 250 in February. MFs’ market value in stock as of March: Rs 18,965 crore.
CY24 Price Return: 56%.
Agencies
In March, the number of MF schemes holding the stock increased to 209 compared to 183 in February.
MFs’ market value in stock as of March: Rs 16,888 crore.
CY24 Price Return: 24%.
ANI
4/7
Shriram Finance to replace UPL from Nifty tomorrow, likely to see $260 million inflows
In March, the number of MF schemes holding the stock increased to 228 compared to 198 in February.
MFs’ market value in stock as of March: Rs 9,560 crore.
CY24 Price Return: 21%.
iStock
5/7
Tata Consultancy Services
In March, the number of MF schemes holding the stock increased to 395 compared to 365 in February.
MFs’ market value in stock as of March: Rs 56,546 crore.
CY24 Price Return: 5%.
Reuters
6/7
HDFC Life Insurance Company
In March, the number of MF schemes holding the stock increased to 183 compared to 155 in February.
MFs’ market value in stock as of March: Rs 7,905 crore.
CY24 Price Return: -4%.
ETMarkets.com
In March, the number of MF schemes holding the stock increased to 371 compared to 342 in February. MFs’ market value in stock as of March: Rs 58,769 crore.
CY24 Price Return: -7%.
IANS
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