 "Even though the equity market was opened up for foreign investors immediately after the early 1990s, the norms for foreign investment in debt were released in 1995 and in 1997, Rs 29 crore trickled in")
The large- and mid-cap universe for equity mutual funds (MFs) is undergoing a sizeable churn, following a volatile first half of 2019 marred by corporate defaults and slowdown in the automobile sector.
Half a dozen stocks from the large-cap universe and over two dozen from the mid-cap universe have been replaced, shows the latest data from the Association of Mutual Funds in India (Amfi).
Ashok Leyland and MRF have lost the tag of large caps while non-banking financial companies (NBFCs) L&T Finance Holdings and Indiabulls Ventures have moved out of the large-cap space. Page Industries, which shocked the
Half a dozen stocks from the large-cap universe and over two dozen from the mid-cap universe have been replaced, shows the latest data from the Association of Mutual Funds in India (Amfi).
Ashok Leyland and MRF have lost the tag of large caps while non-banking financial companies (NBFCs) L&T Finance Holdings and Indiabulls Ventures have moved out of the large-cap space. Page Industries, which shocked the
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