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Which mutual funds took most hit as IndusInd Bank shares crashed?
short by Mansi Agarwal / on Tuesday, 11 March, 2025
Mutual funds lost over ₹6,000 crore in IndusInd Bank holdings as the lender's shares dipped 25% on Tuesday over discrepancies in its derivatives portfolio. ICICI Prudential Mutual Fund holds the largest stake in IndusInd Bank, followed by HDFC Mutual Fund and SBI Mutual Fund, as per ACE Equities. Other major holders include UTI, Nippon India and Bandhan's mutual funds.
read more at Moneycontrol