September 21, 2026
Business

Fund managers reshuffle portfolios in August, bet on auto, financials and IT counters(Soban News)

In August, fund managers actively adjusted their portfolios, focusing on stock-specific opportunities. Significant shuffling occurred within the automobile sector, involving Maruti Suzuki, Mahindra & Mahindra, and others. Financial and IT sectors also saw rotations, with increased interest in Kotak Mahindra and ICICI among larger banks, while consumer saw Varun Beverages being bought and ITC and Hindustan Unilever being sold.

​In August, fund managers actively adjusted their portfolios, focusing on stock-specific opportunities. Significant shuffling occurred within the automobile sector, involving Maruti Suzuki, Mahindra & Mahindra, and others. Financial and IT sectors also saw rotations, with increased interest in Kotak Mahindra and ICICI among larger banks, while consumer saw Varun Beverages being bought and ITC and Hindustan Unilever being sold. by Soban News (international And National News)

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