A study by ETIG has shown that two out of three times over the past 10 years, the outgoing stock has either outperformed or matched the performance of the incoming stock in the Nifty.
Physicswallah among top 5 smallcap stocks facing highest mutual fund selling in July
Mutual funds reduced their exposure to several small-cap stocks in July, with Amara Raja Enterprises witnessing the highest net selling. Welspun Corporation, NBCC, IIFL Finance