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FPIs, MFs shift to large caps; raise positions in healthcare, NBFCs instead of staples, banks

Updated : June 05, 2020 05:07 PM IST

However, taking the advantage of a declining market, domestic mutual funds (DMFs) invested about $4.1 billion during the same period.
Due to a high uncertainty over coronavirus outbreak, the FPIs and DMFs shifted to largecaps by cutting weight in mid-caps and small-caps.
FPIs, MFs shift to large caps; raise positions in healthcare, NBFCs instead of staples, banks

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