Mutual fund managers have taken a fancy for the shares of HDFC Bank, with more than Rs 1,175 crore invested into the scrip in the month of October alone. In an interview to ET Now, Kaustubh Belapurkar, Director Fund Research, Morningstar said, “ I think HDFC Bank has been the darling of the street for a long time. 5.5% of the overall equity allocations of mutual funds is in HDFC Bank.
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