Mutual Funds Rebalance Portfolios in October with Banking Stocks Dominating Trading Action.

Wednesday, Nov 12, 2025 7:52 pm ET1min read

Mutual fund managers adjusted their portfolios in October, with a focus on banking stocks, private banks, and finance companies, such as HDFC Bank, ICICI, and Bajaj Finance. There was selective buying in IT stocks like HCL Tech and Tech Mahindra, where valuations have shrunk but are yet to signal a screaming buy. Overall, the focus was on firms with valuations below their peaks and room for expansion.

Mutual Funds Rebalance Portfolios in October with Banking Stocks Dominating Trading Action.

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