News From Press Mutual Funds raise holdings in state-run banks despite NPA fears

Mutual Funds raise holdings in state-run banks despite NPA fears

Source: Mint Jun 16, 2021

In May, the weightage of PSU banks among MFs reached a 15-month high of 3.4%, a jump of 30 bps from the previous month and 120 bps from a year earlier, according to data sourced from the Amfi and mutual fund database NAV India, and analysed by Motilal Oswal Financial Services.

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