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India's Biggest Equity Fund Makes Contrarian Bet on IT Stocks

As reported by NDTV Profit - Latest
PPFAS Mutual Fund's $14.9 billion Flexi Cap Fund has added exposure to IT services companies over the past three months to May as valuations cooled sharply.
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PPFAS Mutual Fund's $14.9 billion Flexi Cap Fund, India's largest equity fund, has significantly increased its exposure to IT services companies. This strategic move occurred over the past three months to May, capitalizing on sharply cooled valuations in the sector. The fund is…

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