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HSBC MF CIO avoids aggressive bets, sees value in banks, selective small caps
HSBC Mutual Fund’s CIO said, portfolio strategy is focused on restructuring rather than holding cash, with preference shifting towards private banks and selective opportunities emerging in small-cap stocks.
HDFC Bank, BSE and Tata Motors among top stocks mutual funds bought and sold during March crash
Indian mutual funds aggressively bought equities last month amidst a market correction. They invested heavily in HDFC Bank and BSE, acting as a stabilising force against foreign investor selling. Funds also booked profits in Tata Motors. Banking stocks remain a dominant sector for mutual funds, with HDFC Bank, ICICI Bank, and SBI featuring prominently.
ICICI Prudential AMC shares slip over 3% after Q4 results. Check details
ICICI Prudential Asset Management Company share price dropped 3.4% after it reported steady March quarter earnings, supported by strong revenue growth and improved operating performance. While quarterly profit moderated sequentially, annual earnings remained robust. Expanding assets under management and a growing investor base highlight sustained business momentum and reinforce the company’s strong position in the domestic mutual fund industry.

Here's what Indian Mutual Funds bought and sold during the March market correction
According to Nuvama Alternative & Quantitative Research, cash and cash equivalents fell to ₹2.11 lakh crore in March from ₹2.40 lakh crore in February, reflecting a cash deployment of ₹29,300 crore during the month of March. Here's a look at what India's top fund houses bet on in the month gone by.

Closing bell | Late recovery caps losses as markets end weak; Nifty holds above 23,800
Markets ended lower but recovered sharply from intraday lows, with Nifty holding above 23,800, as banking and midcap indices rebounded, even as broader sentiment remained weak amid sectoral divergences.
Market Trading Guide: Buy SBI and Bajaj Consumer on Monday for gains up to 6%
Nifty extended gains, maintaining bullish momentum above key moving averages with strengthening RSI signals. Support lies near 23,800 and resistance around 24,300–24,350. Analysts highlight SBI and Bajaj Consumer Care as buy ideas with upside potential supported by strong technical breakouts and trend strength.
Unique Picks: 8 stocks held by a single MF scheme in March; fall up to 35% in CY26
A set of 8 uniquely held stocks—each owned by just one mutual fund scheme—saw sharp declines of up to 35% in CY26, highlighting concentrated portfolio risks.
India's equity mutual fund inflows hit 8-month high in March as investors buy the dip - Reuters
India's equity mutual fund inflows hit 8-month high in March as investors buy the dipReuters

IT stocks barring Wipro fall up to 4% on renewed AI fears; Here are some recent developments
The Nifty IT index has gained 9% so far this month, with Midcap IT outperforming its largecap peers. Shares of Mphasis, LTIMindtree, Coforge, and Persistent Systems have gained between 12% to 16%, while largecap names like TCS, HCLTech and Wipro have gained between 9% to 10% so far in April.
Kotak Mutual Fund launches Multi Asset Active Fund of Fund
The scheme will invest 10-80 per cent of the corpus into equity and hybrid schemes, 10-60 per cent into debt funds, and 10-30 per cent into commodity ETFs
Barometers trade with major losses, PSU Bank shares tumble
At 14:30 IST, the barometer index, the S&P BSE Sensex tumbled 1,150.53 points or 1.47% to 76,420.65. The Nifty 50 index plunged 295.30 points or 1.23% to 23,703.00.

A $40 billion fund manager advises investors to deploy money in the market
The market correction has made valuations reasonable in many sectors, according to Shreyash Devalkar, Head of Equity, Axis Mutual Fund.