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India’s third biggest mutual fund house further reduced its stake in the Mahindra group company — Mahindra Holidays & Resorts — to 5.13%. The hotel company stock, down 10% in the last one year, has seen a significant reduction in the stake held by HDFC Mutual Fund over the last seven years. From a 7.34%…
April proved to be a good month for the Indian equity markets, as both mutual funds and foreign investors ploughed in significant funds, sending the benchmark indices — Sensex and Nifty — 4% higher. Mutual funds bought ₹17,000 crore worth of stocks in the Indian secondary market, alongside ₹10,400 crore FII buying, showed a report…
ICICI Prudential Mutual Fund purchased 15,295 shares of Ethos on May 7, 2025. Through its different schemes, it previously acquired 5,54,721 shares of the company on December 9, 2022. Currently, ICICI Prudential Mutual Fund holds a 7.06% ownership stake in Ethos. “The fund under its schemes has carried out net acquisition of 15,295 shares of…
A Mint analysis of mutual fund shareholding data across 1,168 BSE’s large-, mid-, and small-cap shows a clear pivot toward underperforming names with perceived turnaround prospects. Five stocks—TeamLease Services, Happiest Minds Technologies, South Indian Bank, Max Financial Services, and AWL Agri Business—stood out for seeing the steepest surge in institutional interest, despite lagging stock prices….
Rekha Jhunjhunwala stocks: ICICI Prudential Fund informed exchanges that it has raised its stake in the general insurance company, Star Health and Allied Insurance, also part of Rekha Jhunjhunwala’s portfolio, to past 5% mark. The mutual fund house in a filing on May 5 said that the schemes of ICICI Prudential Mutual Fund acquired 13,85,269…
Multibagger stock in focus: Mutual funds have boosted their stake in V-Mart Retail, one of the country’s leading value fashion retailers, during the fourth quarter of the last fiscal year (Q4FY25) to an all-time high level. As of the end of March 2025, 18 mutual funds collectively held a 32.22% stake in V-Mart Retail, equivalent…
New Delhi, Apr 22 (PTI) Markets regulator Sebi on Tuesday announced a change in cut-off timings to determine the net asset value (NAV) with respect to repurchase or redemptions of units in overnight schemes of mutual funds. The changes will allow time for stock brokers (SBs), or clearing members (CMs) to un-pledge units of Mutual…
Domestic mutual funds increased their holdings in Adani Group stocks during the March quarter, even as foreign investors continued to trim their stakes in the country’s leading conglomerate. According to exchange data, mutual funds raised their stakes in 06 out of 11 Adani Group companies during Q4FY25, with Adani Green Energy emerging as their top…
Mutual funds may be allowed to enter various business areas currently out of bounds for them, with the stock market regulator reviewing regulations that govern asset management companies. The Securities and Exchange Board of India (Sebi) is conducting a major review of mutual fund regulation, which is “the lengthiest of all regulations”, executive director Manoj…
Mumbai: Net equity inflows into mutual funds dropped to an 11-month low in March, reflecting heightened market volatility and an ongoing correction. Total net inflows into equity-oriented mutual funds stood at just over ₹25,000 crore during the month—the lowest since ₹18,917 crore seen in April 2024. Also Read | Mutual funds engineer new category in…