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Select mutual funds step up equity exposure amid market volatility

Mutual funds invested heavily in equities during December, signaling selective confidence despite volatile markets and ongoing foreign investor caution.
Several equity mutual funds made sizable investments in December, collectively deploying over Rs 800 crore into selected stocks despite heightened market volatility. Fund managers focused on companies with strong balance sheets, earnings visibility, and long term growth prospects. The moves indicate confidence in select sectors even as broader market sentiment remains cautious due to foreign selling and global uncertainty.