5 mutual funds made a complete exit from 9 midcap stocks in April. Check details
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Complete sell-off from portfolio
In April, mutual funds made a complete exit from nine midcap stocks in April. Fund houses add or exit stocks to manage their portfolios actively and generate good returns. Here is a detailed breakup, according to a report by Nuvama Institutional Equities.
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SBI Mutual Fund
SBI Mutual Fund made a complete exit from two midcap stocks in April. It sold Uno Minda and Dabur India from its portfolio.
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Kotak Mutual Fund
Kotak Mutual Fund made a complete exit from one midcap stock in April. It sold FSN E-Commerce from its portfolio.
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Nippon India Mutual Fund
Nippon India Mutual Fund made a complete exit from two midcap stocks in April. It sold Havells India and Meesho from its portfolio.
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Quant Mutual Fund
Quant Mutual Fund made a complete exit from three midcap stocks in April. It sold Dabur India, SBI Cards, and Lenskart Solutions.
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ICICI Prudential Mutual Fund
ICICI Prudential Mutual Fund made a complete exit from two midcap stocks in April. It sold Tube Investments and Tata Communications.