Abakkus Flexi Cap Fund, backed by Sunil Singhania, boosted its holdings in HDFC Bank and Reliance Industries in March. The fund also increased its stake in 28 other stocks, notably Tata Steel and Bank of Baroda. A new investment was made in Mahindra & Mahindra, while Bharat Petroleum Corporation was exited.
Debt mutual funds record big outflows of nearly Rs 3 lakh crore. Are safer options losing appeal?
Debt mutual funds saw a massive Rs 3 lakh crore outflow in March. This sharp reversal followed inflows in February. Liquid funds and overnight funds