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  • News From Press MFs up the ante on private banks, increase weight to nearly 21%

    MFs up the ante on private banks, increase weight to nearly 21%

    Source: Business Standard Oct 17, 2019

    (MFs) have increased their weight on to a new high of 20.8 per cent in September. With some of the players in the financial space facing heat on their loan exposures, money managers are of the view that better-run are poised to corner higher market share.

    are the top sector holding for MFs, followed by non-banking financial companies (8.9 per cent), technology (8.7 per cent), consumer (8.4 per cent), and capital goods (7.8 per cent), showed a report by

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