ET Intelligence Group: It’s rather lonely at the top. As vast segments of India’s equity markets continue to reel under unremitting pain, mutual funds are gravitating to the top 10 Nifty stocks in a collective dash for safety. The concentration of fund exposure in the biggest Indian stocks, by weight, is at a decade high, pointing to a likely lull in broader economic activity.
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ETFs trade like small-cap stocks as SEBI bans MFs’ overseas investment
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