Equities See Inflows For 7th Consecutive Month: Motilal Oswal Financial Services
forextv.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forextv.com Daily Mail and Mail on Sunday newspapers.
Canada Vie apporte des changements à sa gamme de FCP | Finance et Investissement
finance-investissement.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finance-investissement.com Daily Mail and Mail on Sunday newspapers.
Equity AUM reaches new highs of Rs 11 lakh cr, net inflows rise to Rs 10,500 cr in May 21
prokerala.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prokerala.com Daily Mail and Mail on Sunday newspapers.
Tech stocks turn attractive for mutual funds amid pandemic
By IANS |
Published on
Wed, Apr 14 2021 17:57 IST |
11 Views
Tech stocks turn attractive for mutual funds amid pandemic. Image Source: IANS News
Mumbai, April 14 : Technology stocks were among the favoured stocks among mutual funds amid the pandemic.
Technology sector saw a massive rise in weightage in FY21 to 11.9 per cent (up 300 bps YoY). The sector is now the second in terms of sectoral allocation by MFs, said a Motilal Oswal Financial Services Report. A year ago, it was in the third position.
In terms of value increase on a month-on-month increase in March, three of the top five stocks were from technology - Infosys (up Rs 7,000 crore), TCS (up Rs 3,960 crore), and HCL Tech (up Rs 1,690 crore).