News From Press Fund managers bulk up on financial stocks in September, shows data

Fund managers bulk up on financial stocks in September, shows data

Source: BS Oct 16, 2021

Fund managers bought financial stocks in September amid strong inflows into equity-oriented schemes. HDFC Bank, SBI Life, SBI Cards, and Axis Bank were among the stocks that saw the highest investments – Rs 5,200 crore cumulatively – in the month. Max Healthcare Institute cornered the highest investment at Rs 1,992 crore though the stock fell nearly 7 per cent in September.

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