MUMBAI: Country's largest equity fund, HDFC Equity Fund, exited software firms Tata Consultancy Services and Wipro in August as part of a strategy to cut exposure to the sector, data from fund tracker ICRA Online Ltd showed.
The HDFC Equity Fund had allocated more than a fifth of its assets to tech stocks at the end of December, but has cut exposure consistently since then.
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Thursday, September 13, 2007
HDFC Equity exits TCS and Wipro, adds Suzlon
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