The second largest fund house manages assets under management of Rs 7.80 lakh crore as on May 2024. The fund house manages 253 mutual fund schemes. Here are the top 10 stock holdings of the fund house, according to a report by Motilal Oswal Financial Services.
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The highest allocation by the fund house was in ICICI Bank of around 6.7% as on May 2024 witnessing a decline in weight by 0.3% from the previous month.
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The fund house had an allocation of around 6.6% in HDFC Bank The fund house added 1.44 crore shares of this stock resulting in an increase in weight by 0.4% from the previous month.
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The fund house had an allocation of 4.2% in RIL in May witnessing a decline in weight by 0.2% from the previous month.
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The total allocation by the fund house in Infosys was 4.1% in May. The fund house added 47.74 lakh shares of Infosys witnessing no change in weight from the previous month.
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The fund house had an allocation of 3.7% in L&T in May. Around 27.44 lakh shares of L&T to its portfolio witnessing an increase in weight by 0.2% from the previous month.
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Maruti Suzuki and NTPC
The fund house had an allocation of 3.4% each in Maruti Suzuki and NTPC in May. The weight of Maruti Suzuki and NTPC declined by 0.1% each from the previous month.
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The fund house had an allocation of 3.3% in Bharti Airtel in May witnessing a decline in weight by 0.1% from the previous month.
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The fund house had an allocation of 3.2% in Sun Pharma in May. The fund house added 1.09 shares of Sun Pharma, witnessing a weight increase by 0.2% from the previous month.
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The total allocation in ITC was of around 2.9% in May witnessing a decline in weight by 0.1% from the previous month.