Over 20 MFs boost holdings in 9 stocks in Oct, with some surging up to 65% in FY25 - Cherry-Picking Winners

  • Posted on November 18, 2024
  • By Business News Today
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Over 20 MFs boost holdings in 9 stocks in Oct, with some surging up to 65% in FY25 - Cherry-Picking Winners

In October 2024, mutual funds (MFs) remained optimistic about Indian equities, reflected in their net investments of around Rs 90,770 crore. An analysis by ETMarkets identified 9 stocks that were included in the portfolios of over 20 MF schemes in October 2024, marking an increase compared to September '24. These stocks have generally yielded returns ranging from 15% to 65% in FY25 to date, although two of them have posted negative returns during the same period. (Data Source: ACE MF | ACE Equity) Cherry-Picking Winners
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