While foreign institutional investors (FIIs) have remained net sellers over the past two years amid India’s premium valuations and an earnings slowdown, Avinash Agarwal, Senior Vice President & Head – Equity at Bandhan Life, believes the tide could turn as India offers a diverse pool of large companies with consistent growth and greater earnings visibility.
HDFC Bank, Trent among 10 stocks that saw the biggest decrease in mutual fund value in July
Ten stocks saw the biggest month-on-month decline in mutual fund holdings in July, led by HDFC Bank, Axis Bank and L&T. Varun Beverages, Dr Reddy’s