Which mutual funds have reduced their IT stock holdings the most?

Mutual funds have reduced their exposure to IT stocks amid concerns over artificial intelligence (AI) disruption and slowing sector growth since the Nifty IT index peaked in December 2024. All 10 schemes with the highest IT allocations then cut their exposure by September 2026. Groww Multicap Fund recorded the steepest decline, with its IT allocation falling from 54.73% to 4.75%.