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.
Market likely to extend breakouts this week, sector rotation can’t be ruled out
From a technical standpoint, Nifty50 remains firmly on a rising trajectory. If it continues to advance within its defined and laid path, it may go