Among largecap stocks, mutual funds bought shares of Indus Towers, Havells India, SBI Cards, JSW Steel, and Muthoot Finance.
Deciding on a mutual fund category primarily depends on investor's financial goal, time horizon, risk-taking ability and resources
Adani Gas, Apollo Hospitals, Cholamandalam, NMDC, Honeywell Automation, Bank of Baroda & Godrej Properties are likely to be reclassified as large-caps
The BSE Smallcap index has outpaced benchmarks by a wide margin since May last year
Shares of Adani Total Gas have jumped to Rs 1,294 on May 25 from Rs 81.90 in March 2020
Rising Covid-19 cases in multiple states and concerns related to valuations are weighing on market sentiments.