News From Press Betting on IT, pharma: How equity fund managers are handling record fund inflows

Betting on IT, pharma: How equity fund managers are handling record fund inflows

Source: Moneycontrol 2 hours ago

Retail investors who were waiting for a market correction deployed funds heavily last month as equity mutual funds (MFs) saw inflows worth more than Rs 41,500 crore . Fund managers, however, deployed cash gradually.

According to a latest report by Motilal Oswal Financial Services, October saw notable changes in the sector and allocation of funds.

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