The majority of February’s redemptions were concentrated in short-duration funds, with ultra-short duration funds seeing withdrawals of ₹4,281.02 crore, money market funds ₹275.96 crore, and low-duration and overnight funds ₹2,263.94 crore.
Investors should stay selective as IT, banking show mixed signals: Sandip Sabharwal
Indian IT stocks are seeing a rally but may offer modest returns. Banks, especially large private and PSU banks, are expected to perform well. NBFCs
