Over 10 MF schemes slashed holdings in these 11 stocks in August; do you own any?
-
about 1 year ago
Monitoring the activities of mutual funds in the stock market is essential because it offers valuable insights into their behavior. Just as we find comfort in mutual funds investing in favored stocks, it's equally essential to pay attention when they decrease their holdings. In the latest mutual fund analysis conducted by ETMarkets, we found out that 15 stocks saw a reduction in holdings by more than 10 mutual fund schemes in August compared to July.Remarkably, most of these stocks have delivered positive price returns in the fiscal year 2024 thus far. We have highlighted 11 stocks that have achieved over double-digit returns in FY24 and witnessed a reduction in holdings by more than 10 mutual fund schemes. (Data Source: ACE MF, ACE Equity)
Economic Times