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2024

Sectors that gained mutual funds’ interest in September

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Mutual funds showed interest in banks, auto, metals, retail, automobiles, consumer, utilities, and consumer durables in September, leading to a MoM rise in their weights. Private banks had the highest weightage of around 16.1%. The other sectors that followed were technology (8.8%), auto (8.7%), capital goods (7.5%), and healthcare (7.3%).