Indian mutual funds are investing Rs 1.07 lakh crore in 20 key stocks to counter historic FII selling. They are focusing on large-cap private lenders and select IT firms, using market dips to acquire favored stocks at attractive valuations. This strategy aims to build a defensive portfolio against global volatility.

Mutual funds aggressively booked profits in April, offloading an estimated Rs 17,000 crore from 10 major stocks like HDFC Bank and Wipro. This strategic sell-off occurred amid…

Indian mutual funds are investing Rs 1.07 lakh crore in 20 key stocks to counter historic FII selling. They are focusing on large-cap private lenders and select IT firms, using…