
The top 20 large-cap equities purchased and sold by mutual funds in August were Adani Power, Zomato, Tata Power, IOC, and IRCTC.
Mutual Funds – The benchmark Nifty is trading above the 20,000 mark, and the Indian stock market indices are at all-time highs. Strong local macroeconomic data and encouraging international cues have combined to propel the advance in domestic equities markets. Although the Nifty50 index has gained more than 11% so far in 2023, the midcap…