Bullish on consumption

A comparison of foreign portfolio investor (FPI) and mutual fund portfolios can yield some interesting insights into the differences in their thought processes. FPIs have sold Rs 32 billion in calendar 2018, while domestic institutional investors (not just funds) have bought Rs 665 billion. The data reveals obvious differences in attitude. There are more subtle differences in approach, too.  Fund research house Value Research has some details of aggregated portfolios at end-June. When it comes to the top ten holdings, the differences are mostly just a matter of rank and there's .....

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