New stock picks and exits by top mutual funds last month

As investors continued to pour money into the stock market through mutual funds, AMCs were net buyers of around Rs 4,700 crore worth of equities in July. An analysis by IDBI Capital shows that the top new picks by mutual funds were Pitti Engineering NSE 3.49 %, Morepen Lab and IOL Chemicals and NSE -1.01 % Pharma. On the other hand, Butterfly Gandhimathi ..

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