In April, mutual funds leaned heavily toward banking and large-cap stocks, with HDFC Bank, ICICI Bank and State Bank of India appearing at the top of holdings across more than 700 schemes. The latest coverage also points to major corporate names like Bharti Airtel, Reliance Industries and Infosys among the stocks owned by around 600 funds, reflecting a clear risk and sector preference shift.
Seven BSE largecap stocks surged to fresh 52-week highs, riding a broader market rally that lifted prices by as much as 50% over the past month. Adani Green and Adani Power led the move alongside Nestle India and other majors, highlighting strong momentum and investor appetite in largecap space.
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