AVP Financial News
19.07 / 08:27
Provident
AVP
show
performer
Why Mutual Fund investors are offloading focussed funds. Experts explain
₹8,637 crore in June, data released by the Association of Mutual Funds in India (Amfi) showed, while on the other, the large-cap scheme ( ₹2,049 crore) and focused funds ( ₹1,018 crore) were among the few categories which saw net outflows during June 2023. Debt-oriented schemes witnessed net outflow in the same month after witnessing two consecutive months of net inflows. Focused funds, which invest in a maximum of 30 stocks.
06.07 / 14:25
UPS
Target
Booking
SENSEX
AVP
share price
HDFC Bank share price underperforms Sensex post-merger; what should you do?
HDFC Bank have been witnessing some profit booking in July so far after they witnessed a decent gain of about 6 per cent in June ahead of the merger of HDFC with it. In July so far, the stock is down nearly 2 per cent against a 2 per cent gain in equity benchmark Sensex. However, most analysts and brokerage firms remain upbeat about the stock for the medium to long term as they believe the merger of HDFC and HDFC Bank is synergistic.
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