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MF exposure to IT stocks rises to Rs 41,000 crore

MF exposure to IT stocks rises to Rs 41,000 crore

Mutual Funds raised allocation for IT stocks to over Rs 41,000 crore at the end of March in view of the weakening rupee, which increases IT exporters' profitability.

MF exposure to software stocks hits all-time high in July

Mutual Fund managers seem to be bullish on software shares as they raised their allocation in the sector to an all time-high of over Rs 38,000 crore in July due to depreciation in rupee.

MF investments in software stocks surge to Rs 35,000 crore in Jan

Continuing with the bullish stance on software stocks, mutual fund managers raised their exposure in the sector to a historic high of over Rs 35,000 crore in January this year.

MF exposure to software stocks hits record-high in October

The mutual fund industry is betting big on software companies as its equity exposure to the sector climbed to a fresh all-time high of about Rs 33,000 crore at the end of October.

MFs' exposure to software stocks hits all-time high in August

The mutual fund industry is betting big on software companies as its equity exposure to the sector climbed to an all-time high of Rs 29,688 crore at the end of August.

Mutual Funds' exposure to IT stocks hit 9-months low in May

Fund managers' exposure to the software space has dropped to the lowest level in nine months to Rs 22,986 crore at the end of May, amid weakness in the sector.

MFs' exposure to software stocks dips to Rs 20,284 cr in Aug

Mutual fund managers' exposure to the software sector has dropped to Rs 20,284 crore at the end of August after touching a record high in the previous month.

MF investments in software stocks soar to 42-month high

This is the highest exposure to software sector since at least August 2009 in absolute terms and the second-highest in percentage terms.