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.
FIIs dump Indian stocks for 10th straight week as markets slide: Is the worst over or more pain ahead?
The Nifty 50 declined in all four sessions of the holiday-shortened week, hitting an intraweek low of 22,372 on Friday before closing 2.4% lower at