MF investments News
Generally, most people choose FD because this is considered to be safe investment.
Mutual fund managers net purchased stocks worth close to Rs 10,000 crore in April, making it the highest investment in five months, on sustained participation by retail investors.
Continuing with the bullish stance on software stocks, mutual fund managers raised their exposure in the sector to a historic high of over Rs 35,000 crore in January this year.
Mutual fund managers raised their exposure in bank stocks to an all-time high of nearly Rs 63,000 crore in October this year amid a rally in the stock market.
Real estate giant DLF Monday sought Sebi's approval to redeem Rs 1,600 crore from its mutual fund investments as it is facing a three-year ban by the market regulator from accessing the capital market.
Mutual fund (MF) managers raised their exposure in bank stocks to all-time high of over Rs 56,600 crore in August, making it the seventh consecutive monthly rise in capital infusion.
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