Fund houses have developed in-house models to decide the allocation to equity and debt. Most fund houses use a pro-cyclical mode which buys more equity when valuations are lower.
HBL Engineering shares surge over 13% on strong Q1 earnings; profit up 79% YoY
HBL Engineering a 79% year-on-year profit rise to Rs 143 crore in Q1, driven by higher revenues and improved cost management. During its August 9