Mutual fund managers must consult the AMFI classification to balance their portfolio according to the category requirement. Recategorisation need not lead to fresh inflows or outflows. Active equity fund manager do not need to change the stock weights in their respective portfolios to match the AMFI share categories.
Sugar stocks rally continues: Balrampur Chini, Dhampur Sugar, Uttam Sugar Mills rally up to 4%. Two big triggers
Sugar stocks rallied as domestic sugar prices surged sharply over the past month. Government data showed retail prices rising from Rs 48.18/kg on July 20