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  • News From Press Prashant Jain-led HDFC MF exiting top performers, lapping up laggards

    Prashant Jain-led HDFC MF exiting top performers, lapping up laggards

    Source: The Economic Times Dec 13, 2019


    HDFC Asset Management, India’s largest mutual fund house by assets, did brisk shopping in November, buying select pharma, largecap and midcap IT stocks, besides a few PSUs, FMCG and metal & mining stocks.

    Nifty advanced 1.50 per cent during the month.

    The fund house also offloaded shares of some of the performing stocks in the largecap space, including ICICI Bank (2.50 crore shares) and Reliance Industries (43.79 lakh) as they hovered around record high levels. The fund sol ..

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