HDFC Bank stock slump pulls down Nifty; mutual funds impacted
Mutual funds have faced a setback due to the decline in HDFC Bank shares, which contributed 915 points to the Nifty's total year-to-date drop of 1,915 points. According to an NDTVProfit report, mutual fund investments in HDFC Bank are valued at approximately ₹4.1 lakh crore. Among these, Nippon Large Cap Fund holds the largest stake at 9.91% of its assets under management, followed by Mirae Asset Large Cap with 9.43%.
by shortkt.com✓