Why do Mutual Funds Decrease their Stake in ITC?
Mutual funds sold ITC shares worth Rs 6.1 million in April 2023. This is despite the stock hitting fresh all-time highs during the month. The four domestic fund houses that sold ITC shares are Nippon India MF, ICICI Pru MF, SBI Mutual Fund, and Tata Mutual Fund. Only Sundaram Fasteners Mutual Fund added a stake … Read more