Mutual funds boost equity bets in June, favour largecaps and private banks
Fund houses saw strong equity inflows in June as easing geopolitical tensions, softer oil prices and resilient domestic macros supported sentiment. Money managers leaned into
Fund houses saw strong equity inflows in June as easing geopolitical tensions, softer oil prices and resilient domestic macros supported sentiment. Money managers leaned into large-caps, which are trading below historical averages, while selectively adding small-caps with earnings visibility.
Private banks were a clear favourite, with HDFC Bank, Axis Bank and Bajaj Finance consistently bought across AMCs. Healthcare too drew fresh allocations, with Piramal
Pharma, Corona Remedies, Emcure Pharma and KIMS picked for their defensive cash flows and steady growth. 132403601
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