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The Economic Times

Personal Finance / The Economic Times

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MFs turn selective, pick Coal India, LIC among largecaps in August

Amid the backdrop of increasing US interest rates in August, fund managers proceeded with caution, prioritizing large-cap stocks that offered favorable valuations coupled with safety margins. Their approach in mid and small-cap investments was selective, choosing firms like LIC, Coal India, and notable pharmaceutical entities. There was also a surge in funding for NBFCs and research organizations in this period.

17 Sep 2026 7:38 am