Helios Flexi Cap Fund’s cash allocation surged from 1.70% in January to 20.60% in February. The fund exited 11 stocks, including Infosys, TCS, and HCL Tech, while adding ABB India, Bajaj Auto, and Kotak Mahindra Bank. It increased stakes in Bajaj Finance, Zomato, and DLF, while reducing holdings in S H Kelkar and KPIT Technologies.
Bajaj Finance lowers deposit rates on certain tenures
It also lowered rates more on long-tenure deposits, perhaps indicating both the receivable time-lines of Bajaj Finance’s assets and stiffer competition for shorter-tenure commitments in
May 20, 2025