Mutual funds invest in foreign equity while making investments in stocks to generate better returns and for diversification. Here are the 13 mutual funds that decreased their foreign equity holdings in April.
iStock
2/14
Aditya Birla Sun Life Mutual Fund
The fund house decreased its foreign equity holdings by Rs 71.23 crore to Rs 491.63 crore in April from Rs 562.85 crore in March.
ETMarkets.com
Axis Mutual Fund decreased its foreign equity holdings by Rs 259.38 crore to Rs 2,280.80 crore in April from Rs 2,540.18 crore in March.
ETMarkets.com
DSP Mutual Fund’s foreign equity holdings decreased by Rs 13.37 crore to Rs 352.62 crore in April from Rs 365.99 crore in March.
ETMarkets.com
5/14
Edelweiss Mutual Fund
The fund house decreased its foreign equity holdings by Rs 5.11 crore to Rs 153.23 crore in April from Rs 158.34 crore in March.
ETMarkets.com
6/14
Franklin Templeton Mutual Fund
The fund house decreased its foreign equity holdings by Rs 57.58 crore to Rs 723.89 crore in April from Rs 781.47 crore in March
Agencies
7/14
ICICI Prudential Mutual Fund
ICICI Pru MF decreased its foreign equity holdings by Rs 450.85 crore to Rs 6,635.41 crore in April from Rs 7086.26 crore in March
ET Online
8/14
Mirae Asset Mutual Fund
The fund house decreased its foreign equity holdings by Rs 65.67 crore to Rs 2,937.99 crore in April from Rs 3,003.66 crore in March.
ET Online
9/14
Motilal Oswal Flexicap Fund completes 10 years, offer 17.17% since inception
The fund house decreased its foreign equity holdings by Rs 433.34 crore to Rs 10,404.37 crore in April from Rs 10,837.71 crore in March.
Getty Images
10/14
Nippon India Mutual Fund
The fund house decreased its foreign equity holdings by Rs 19.57 crore to Rs 1,831.83 crore in April from Rs 1,851.40 crore in March.
ANI
The fund house decreased its foreign equity holdings by Rs 334.98 crore to Rs 9,038.68 crore in April from Rs 9,373.66 crore in March.
iStock
12/14
Samco Mutual Fund
The fund house decreased its foreign equity holdings by Rs 2.80 crore to Rs 61.30 crore in April from Rs 64.10 crore in March.
ANI
The fund house decreased its foreign equity holdings by Rs 149.94 crore to Rs 8,340.40 crore in April from Rs 8,490.34 crore in March.
ETMarkets.com
14/14
Sundaram Mutual Fund
The fund house decreased its foreign equity holdings by Rs 1.49 crore to Rs 20.92 crore in April from Rs 22.41 crore in March.