News From Press MFs buy large banks, NBFCs, select auto and pharma in Feb

MFs buy large banks, NBFCs, select auto and pharma in Feb

Source: ET Mar 17, 2025

Mutual fund managers made selective purchases of large banks, NBFCs, select auto and pharma names in February. SBI, HDFC Bank, Bajaj Finance, Axis Bank and Kotak Bank were some of their top picks as balance sheet strength is seen enabling these stocks to outperform smaller rivals. Some funds bought select large-cap pharma stocks like Sun Pharma, Dr Reddy’s, and Cipla following the fall in the stock prices.

Click here to read

Like what you are reading?

Login to get instant access to this article and many other such articles on business development, success stories and industry updates.

Don't worry ... it's FREE!

Have a query or a doubt?
Need a clarification or more information on an issue?
Cafemutual welcomes all mutual fund and insurance related questions. So write in to us at newsdesk@cafemutual.com

More articles you may wish to read

Gold nears Rs 90,000: Time to buy, hold, or book profits?

Time to Bond: Why you should lock in & load up on fixed income assets now

Is the road ahead looking rough for tech funds?

Edelweiss Life Insurance likely to break even by FY27: MD & CEO Sumit Rai

Bajaj Finserv buys out Allianz from life, general insurance JVs

Stress on small-, mid-cap MF schemes persist even as stocks crash

Equity mutual funds cash rich even as inflows decline, shows data

PMS or Mutual Funds: Which investment vehicle best suits your financial needs?

Wide spread participation of investors makes this market fall different, investing in broader market remains key to long-term wealth, says UTI AMC CIO

Equity market on overdrive? Difficult to stay positive when markets are down, but it is investment resilience that pays returns in long-run

Click to clap

Disclaimer: Cafemutual is an industry platform of mutual fund professionals. Our visitors are requested to maintain the decorum of the platform when expressing their thoughts and commenting on articles. Viewers are advised to refrain from making defamatory allegations against individuals. Those making abusive language or defamatory allegations will be blocked from accessing the web site.

0 Comment

Be the first to comment.

More than 2,07,000 of your industry peers are staying on top of their game by receiving daily tips, ideas and articles on growth strategies. Join them and stay updated by subscribing to Cafemutual newsletters.

Fill in the below details or write to newsdesk@cafemutual.com and subscribe to Cafemutual Newsletter now.

POLL

MORE POLLS

What is your approach in dealing with market volatility?

Do nothing; after all volatility is a part of the game

Revisit asset allocation and rebalance client portfolios

Increase equity allocation selectively

EVENTS