News From Press Under pressure to perform well, MFs bought & sold these stocks in December quarter

Under pressure to perform well, MFs bought & sold these stocks in December quarter

Source: The Economic Times Jan 18, 2019

With back clearly to the wall after a not so pleasant year for equities, mutual funds (MFs) went about recasting their portfolios a bit in the December quarter.

They made changes to their holdings in 220 out of 850-odd companies that have reported their December quarter shareholding so far, data available with AceEquity suggest.

While their stake went up by more than 1 per cent in at least 41 stocks, there was a drop in exposure in 23 others during the period.

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