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This Article is From Feb 17, 2018

What India’s Top Three Mutual Funds Bought And Sold In January 

What India’s Top Three Mutual Funds Bought And Sold In January 
A passenger sits below an advertisement for the Mutual Funds Sahi Hai campaign by the Association of Mutual Funds in India (AMFI) at a bus stop in Mumbai, Maharashtra, India. (Photographer: Dhiraj Singh/Bloomberg)

Mutual fund investors' confidence seemed to have come back in January with net inflow of Rs 1.06 lakh crore compared with the record outflow in December. Total assets grew 5 percent to Rs 22.4 lakh crore.

Here's what the top three fund houses bought or sold in January:

ICICI Prudential Mutual Fund

It holds equity assets worth $18.2 billion in 404 securities. Exposure to financials stood at 26.4 percent followed by industrials at 11.3 percent.

HDFC Mutual Fund

The fund house has equity assets worth $20.6-billion in 396 securities. The top exposure is towards financials at 33.1 percent and industrials at 16 percent.

Reliance Mutual Fund

Total equity assets of $14.2 billion under management invested in 533 securities. By industry, the highest exposure is towards financials at 28.1 percent and industrials at 16.8 percent.

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