Slide 7 of 11: Axis Bank: ICICI Pru Housing Opp, ICICI Pru India Opp, ICICI Pru Retirement Fund-Pure Equity, Franklin India Taxshield and Templeton India Value Fund were few active equity diversified schemes had notable allocation to the stock.

Despite amid volatility, domestic mutual funds have been buying spree in the Indian equity market thanks to the continued support from the investors across segments. Year-To-Date, domestic mutual funds have bought the equity stocks to the tune of Rs. 1.25 lakh crore (net). Mutual funds prefer investing in the quality stocks which are having potential to generate wealth over long run. Here are the top ten most popular stocks among mutual funds which are bluechip companies being part of Nifty 50 index. MF investment in these stocks has comprised more than one third of the overall equity AUM as of May 2022. ETFs, Index funds and sector specific funds seen allocated significant allocation to these stocks. Portfolio data was as of May 31, 2022. Source: ACEMF.

Passenger shares pic of her first-class meal on British Airways. Twitter is horrified

Read More…