Mutual Funds go long on new-age companies, beaten-down stocks

Amidst rising inflows into equity funds, fund managers bet on the ‘re-opening trade’, buying shares of airlines, hotels, malls, entertainment and logistics. Prominent companies such as Indian Hotels, KPR Mill, V-Mart Retail, Sundaram Finance, Bharat Forge, PVR, and Barbeque-Nation Hospitality have been bought by fund managers of leading fund houses for their March 2022 portfolio.

from Stocks-Markets-Economic Times https://ift.tt/5IckdSj
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