Mutual funds hit as HDFC Bank shares drag Nifty by 915 points

Mutual funds were hit by fall in HDFC Bank's shares which accounted for 915 points of Nifty's 1,915-point YTD (year-to-date) decline. Mutual fund holdings in HDFC Bank stand at around ₹4.1 lakh crore, NDTVProfit reported. Nippon Large Cap Fund has the highest exposure at 9.91% of AUM (assets under management) and Mirae Asset Large Cap at 9.43% of AUM.