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ICICI Prudential Mutual Fund, Indias second largest AMC with Rs 11.49 lakh crore AUM, remained heavily invested in large caps like HDFC Bank, ICICI Bank, RIL, Infosys and Axis Bank, with marginal weight reductions across most top holdings in December.
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Five mutual funds, including HDFC, SBI, Kotak, Axis, and ICICI Prudential, completely exited seven midcap stocks in December, adjusting portfolios to optimize returns amid market movements.
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News and Media
JioBlackRock Mutual Fund increased stakes in 475 stocks, reduced 29, and added four new companies in December. Financials dominated with 30% allocation, followed by consumer discretionary, industrials, IT, energy, and commodities.
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News and Media
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