Markets and Finance
Mutual funds step up buying in select small caps, mid caps

Fund managers in August have booked some profit in large-cap stocks where the run-up had been fast and selectively bought into some stocks in the mid- and small-cap space, where valuations were inexpensive and free float is available. They have closely monitored data points in the pandemic and analysed management commentary on how companies have managed the Covid-19 crisis. Top fund managers cut their exposure to Reliance Industries during the month.

News Source:- https://economictimes.indiatimes.com/mf/analysis/mfs-step-up-buying-in-select-smallcaps-midcaps/articleshow/78139394.cms