Mutual funds sold ₹33,114 million in NBFCs

economictimes.indiatimes.com

In February, mutual funds sold significantly across ten sectors, with non-banking financial companies (NBFCs) experiencing the highest outflows of ₹33,114 million. Major stocks sold included Bajaj Finance and Adani Ports. Other sectors affected included ports, logistics, PSU banks, and telecom, with notable sales in Interglobe Aviation and ITC Hotels. Select stocks like Max Financial and REC saw buying interest. Overall, sectors such as media, textiles, and ceramics also faced selling, with outflows ranging from ₹371 million to ₹1,943 million.


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