Mutual funds houses allocate maximum funds to banking, IT stocks

In the banking stocks, the allocation of AMCs is as high as 15 percent by UTI and 11.1 percent by HDFC MF. Similarly, most AMCs choose software as the next important sector to invest in. Axis MF has, for instance, invested 7.6 percent of its assets in it while SBI MF invested 6.7 percent.

In the banking stocks, the allocation of AMCs is as high as 15 percent (UTI MF) and 11.1 percent by HDFC MF. Similarly, most AMCs choose software as the next important sector to invest in.

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Mutual funds houses allocate maximum funds to banking, IT stocks

In the banking stocks, the allocation of AMCs is as high as 15 percent (UTI MF) and 11.1 percent by HDFC MF. Similarly, most AMCs choose software as the next important sector to invest in.

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