News From Press RIL most sold stock by mutual fund schemes in July

RIL most sold stock by mutual fund schemes in July

Source: Mint Aug 13, 2020

Despite a rise of 21.35% in July and multi-billion deals with global tech giants and investors, Reliance Industries Ltd was the most sold stock by mutual funds in the month as equity schemes' inflows turned negative for the first time in four years. Mutual fund equity schemes sold Reliance Industries' shares worth ₹6,674 crore in July, according to data sourced from Edelweiss Alternative Research and ACE MF.

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