Foreign Portfolio Investors have exhibited a selling trend in Indian equities, with outflows of Rs 555 crore in July, marking a reversal after three months of positive inflows. This shift is attributed to high valuations following a market recovery and the attractiveness of cheaper markets elsewhere.
JioBlackRock MF: Infosys among top 10 stock holdings in Mar
JioBlackRock Mutual Fund, a new entrant, reported an AUM of Rs 15,258 crore in March, with HDFC Bank and ICICI Bank as its top holdings.