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.
Apr 28, 2016, 16:43 PM ISTMFs bullish on IT stocks; exposure at record high of Rs 43K crore
Industry experts said that fund managers have been raising their allocation in software stocks due to declining rupee against the US dollar.
Feb 18, 2016, 23:08 PM IST