Mutual Funds exposure to Nifty 50 hits 2-decade low at 49.4%

Mutual funds' allocation to Nifty 50 stocks fell to 49.4% in September — the first time in over 20 years it dropped below 50%, down from a peak of 63% in late 2019. Funds are increasingly spreading investments across mid-cap and non-Nifty companies, though Nifty 50 firms still account for nearly 40% of total NSE-listed market value.