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Private banks, oil & gas companies find favour among fund managers in Feb

Last month, the mutual funds increased their portfolio allocation to the oil & gas, private banks, consumer, cement, capital goods and utilities sector while brought down their holdings in PSU banks, healthcare, NBFCs, metals and chemicals. Axis Bank was one of the preferred stocks among MFs in February, with net buying by 19 funds. Kotak Mahindra Bank was another preferred stock in the month, with net buying by 15 funds. SBI was the least preferred stock among MFs last month.

Read More at Moneycontrol News date : 15 Mar 2019, Friday

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