Tag Archives: Managers

Top 9 hot stocks which fund managers bought for the first time in August

Retail investors are not leaving any opportunity to miss out on the big bull market which India is witnessing and this is now started reflecting in the massive flows which pushed asset under management (AUM) to a record high of Rs 20 lakh crore last month. The total category wise AUM of the mutual fund industry increased by 3.1 percent ... Read More »

Mutual Fund Managers Continue To Snap Up Banking Shares

New Delhi: Mutual fund managers continued to be bullish on bank shares, with their allocation to the sector reaching an all time-high of over Rs. 1.44 lakh crore at the end of May, mainly due to cheaper valuations. In comparison, the figure was Rs. 90,014 crore at the end of May 2016. Banking continues to be the most preferred sector ... Read More »