MFs turn to quality mid & small caps, IPOs
With most large-cap stocks priced to perfection, fund managers mostly looked at stocks in the mid- and small-cap space for their equity portfolios in June. They picked up shares of companies with superior revenue prospects, strong balance sheet, higher market share and better execution skills. A few prominent companies which found a place in the June portfolio of leading fund houses are KNR Constructions, TVS Motor, HDFC Life Insurance and
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