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  • News From Press Top mutual fund houses finding value in beaten down stocks

    Top mutual fund houses finding value in beaten down stocks

    Source: ET Feb 19, 2016

    The top five mutual fund houses, HDFC AMC, ICICI Pru AMC, Reliance MF, Birla Sun Life AMC, and UTI AMC, which together hold about 55% market share in the mutual fund industry, have bought stocks that have taken a beating in January and where valuations have turned attractive.

    India's largest mutual fund house, HDFC Mutual Fund, have bought mid-cap stocks such as Redington India and Aditya Birla Fashion as their top picks in January, whereas ICICI Prudential Mutual Fund has bought  ..

     

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