Edelweiss Mutual Fund adjusted its portfolio in May. The Radhika Gupta-led fund increased its stake in HDFC Bank, Reliance Industries and others. It reduced holdings in LIC Housing Finance, TCS and others. The fund added Aether Industries and others to its portfolio. It exited NOCIL and other stocks completely. Financial services comprised the largest shareholding.
Why Saurabh Mukherjea has moved half his personal portfolio out of India
Saurabh Mukherjea, founder of Marcellus Investment Managers, has shifted his personal portfolio to a 50-50 split between Indian and global investments, reflecting a strategic pivot.