News From Press MFs hiked exposure to cyclicals and IT in FY21

MFs hiked exposure to cyclicals and IT in FY21

Source: Mint Apr 15, 2021

Even as consumer demand was low due to complete lockdown in most part of FY21, mutual funds (MFs) in India preferred to increase their exposure to domestic cyclicals. Typically, cyclical stocks include companies that make or sell items and services that are in demand when the economy is healthy.

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