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Mutual Funds banking on banks; invest $5.5bn in Oct

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Uploaded by on Dec 10, 2009

Mutual Funds are banking on banks. Fund deployment data provided by Securities and Exchange Board of India (SEBI) from August to October shows that banks, industrial capital goods and consumer non-durables are the hottest picks among MFs while telecom has fallen out of favour, reports CNBC-TV18s Mrinalini Krishna.

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