In Tuesday’s MFs screening, we picked up stocks that are freshly added by most MFs schemes in the month of August 2022 as compared to the previous month. We considered only stocks which are freshly added by over 15 MFs schemes in the month of August (Data Source ACE MF). For investors, it is always interesting to keep watch on mutual fund investment strategy as they are big institutional investors who generally invest heavily with deep research in their stock picks.
Avoid euphoric valuations, keep cash for better entry points: Pankaj Tibrewal
Pankaj Tibrewal of IKIGAI Asset Managers finds current valuations too high for new investments. Defence sector valuations are especially prohibitive. Cement sector, particularly in South