Wipro among 18 stocks from which these 7 mutual funds made complete exit in March. Check details
By Surbhi Khanna, ET Online |
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Complete sell-off
Seven mutual funds made complete exit from 18 stocks in March. AMCs add or exit stocks to actively manage their portfolios. Here is a detailed breakup, according to a report by Nuvama Institutional Equities.
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HDFC Mutual Fund
HDFC Mutual Fund made complete exit from three stocks in March. It sold Elecon Engg, TCPL Packaging, and TD Power Systems from its portfolio
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SBI Mutual Fund
SBI Mutual Fund made complete exit from three stocks in March. It sold ITC, Godrej Properties, and Angel One from its portfolio.
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Kotak Mutual Fund
Kotak Mutual Fund made a complete exit from only one stock in March. It sold Indraprastha Gas from its portfolio.
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Axis Mutual Fund
Axis Mutual Fund made complete exit from three stocks in March. It sold Nifty Bank, Eicher Motors, and Tata Power from its portfolio.
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Nippon India Mutual Fund
Nippon India Mutual Fund made a complete exit from three stocks in March. It sold Grasim Industries, Honeywell Auto, and Indiamart International from its portfolio.
7/8
Quant Mutual Fund
Quant Mutual Fund made complete exit from three stocks in March. It sold Wipro, ONGC, and Tata Steel from its portfolio.
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ICICI Prudential Mutual Fund
ICICI Prudential Mutual Fund made complete exit from two stocks in March. It sold Mankind Pharma and Aditya AMC from its portfolio.
