MF News MFs raise equity bets as valuations improve; fund houses invest Rs 55k cr

MFs raise equity bets as valuations improve; fund houses invest Rs 55k cr

Source: BS Apr 13, 2023

Mutual fund (MF) houses have been on an equity buying spree in the past three months as they have invested a net amount of Rs 55,000 crore in them between January and March 2023. The number is more than double the amount deployed in the preceding three months (October to December), signalling improved valuations and favourable economic indicators.

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