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mutual fund companies Invests in any stock after a lot of research and thinking. Investing money in new stock by any mutual fund company means that the fund manager has faith in that company. his/her trading has impressed the fund manager. The stock of that company may rise in the coming times. In the month of March, about 10 big mutual fund companies of the country have invested money in many new stocks. According to the information received, Adani Power, Adani Wilmar, Data Patterns, Divgi Torque and Kirloskar Oil Engines are prominent among the companies in whose shares mutual funds have invested money.
HDFC Mutual Fund has invested in Craftsman Automation, Ingersoll-Rand and BLS International, including Red Tape.
ICICI Mutual Fund has made a fresh investment in TorqueTransfer. With this it has invested in Ashoka Buildcon, Aarti Industries and Apar Industries.
Kotak Mutual Fund has made a new investment in Data Patterns.
SBI Mutual Fund has made a new bet on Apar Industries. Apart from this, it has also invested in Data Patterns, KSB and Five-Star Business Finance.
DSP Mutual Fund has made fresh investments in Kirloskar Oil Engines. Apart from this, the MF has also invested in Power Grid InvIT, Varun Beverages and SAIL.
Axis Mutual Fund has made a fresh investment in Glaxosmi Pharma. Along with this, the MF has invested in Varun Beverages, Max Healthcare Institute and Suzlon Energy.
Aditya Birla Sunlife Mutual Fund has made a fresh investment in Gokaldas Exports. Apart from this, this fund house has invested in Mahindra CIE Automotive, Sapphire Foods and Schneider Electric.
Tata Mutual Fund has made a fresh investment in RHI Magnesita. Apart from this, investment has also been increased in M&M Finance, Hind Copper and Afal.
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