Investors and traders booked profits on Wednesday as pandemic fears resurfaced, causing the Nifty and Sensex to tank by 1.4% and 1.3% respectively, their worst fall since 26 October.
Munot will take over the position from A Balasubramanian. The Board of AMFI also elected Anthony Heredia, MD and CEO, Mahindra Manulife Mutual Fund as the Vice-Chairman of AMFI
SBI Funds Management, ICICI Prudential Fund, UTI Asset Management, and HDFC Asset Management were among the fund managers holding large positions in Infosys