How have mutual funds' top IT holdings changed since the sector's peak?

Mutual funds' IT holding values fell sharply after the sector's December 2024 peak, according to Moneycontrol's analysis of ACE MF data. Infosys remained the largest holding, although the market value of mutual fund investments in the company declined by 40%. TCS recorded a similar decline, while Tech Mahindra was the only company to see an increase in holding value.