Menu Close

MFs pile on private banks; oil & gas weightage slips to 3-month low in August

The increase in exposure to private banks by mutual funds also likely contributed to the rally in the sector in August.However, due to a lack of clarity around non-performing loan cycle and growth outlook, large private banks have been underperforming the benchmark in the last few months post March
Source: money

Leave a Reply

Your email address will not be published. Required fields are marked *