There are many ways to invest in the stock market. Those who do not directly invest money in the stock market, they invest in the stock market through mutual funds. Mutual fund houses invest the funds invested by investors in shares of various companies. Today we will learn about companies that are favorite stocks of mutual fund companies. The favorite shares of Mutual Fund include shares of 9 companies including Reliance, Infosys, including more than 500 mutual fund schemes.
The first place in the list is ICICI Bank.
According to data from ACE Mutual Fund, ICICI Bank shares first in this list. The money of 663 mutual fund schemes is invested in this private sector bank. ICICI Bank has 173 crore shares with various mutual fund schemes.
HDFC Bank ranks second in this list. This private bank has a total of 159 crore shares of 657 mutual fund schemes.
Infosys of IT sector ranks third in this list. Infosys has 76 crore shares in 603 schemes.
Telecom giant Bharti Airtel is fourth in this list. Bharti Airtel has about 62.07 crore shares in 593 mutual fund schemes.
Mukesh Ambani’s company Reliance Industries ranks 5th in this list. Reliance has 122 crore shares in 580 mutual fund schemes.
The largest bank-SBI in the public sector is at number six in this list. 548 mutual fund companies have 107 crore shares of this bank.
Larsen & Toubro, a well-known company in the engineering sector, is ranked 7th in this list. The company has 27.13 crore shares of 521 mutual fund schemes.
Private sector Axis Bank is also included in this list and ranks 8th. About 503 mutual fund schemes have 95.89 crore shares of this private bank.