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Personal Finance News

The Economic Times

Personal Finance / The Economic Times

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Pharma, NBFCs see fresh mutual fund buying in April

Indian fund managers focused on defensive stocks in April. Pharmaceuticals saw increased investment due to opportunities like the semaglutide patent expiry. NBFCs and asset management companies also received attention. PNB Housing Finance was added as funds shifted towards retail lending. This strategy reflects concerns over oil prices and West Asian geopolitical tensions.

14 May 2026 6:26 am