SBI Mutual Fund Top Holdings: The total asset value of SBI Mutual Fund, the country’s largest asset management company, has increased to more than Rs 9 lakh crore by 29 February 2024. In this article, we are going to tell about the top 10 holdings of the country’s largest AMC company.
HDFC Bank
SBI Mutual Fund has invested 8.2 percent of its portfolio in HDFC Bank. As compared to January, the stake in HDFC Bank has been reduced by 0.4 percent. But it is still the largest share in SBI’s portfolio.
Reliance Industries
About 7 percent of SBI Mutual Fund’s portfolio is in the form of Reliance Industries. AMC company’s stake has been increased by 0.3 percent in February. Let us tell you, Reliance is the largest company in the country in terms of market cap.
ICICI Bank
The fund house holds 6.8 percent stake in ICICI Bank. The bank has made a slight reduction in stake in ICICI Bank in February. The name of ICICI Bank comes among the big private banks of the country.
Infosys
The fund house has invested 4.7 percent of its portfolio in Infosys. No change has been seen in February as compared to January. Infosys is the second largest IT company in the country.
L&T and SBI
SBI Mutual Fund has invested 3.2-3.2 percent of its portfolio in L&T and SBI. L&T is the country’s largest construction company. At the same time, SBI is the largest bank in the country.
Bharti Airtel
SBI Mutual Fund has allocated 3 percent of its portfolio in Bharti Airtel. However, there has been a slight reduction of 0.3 percent in February as compared to January. The name of Bharti Airtel comes among the big telecom companies of the country.
ITC
The fund house has invested 2.5 percent of its portfolio in Infosys. There has been a decrease of 0.3 percent in February as compared to January. ITC is a big FMCG company in the country.
TCS and Axis Bank
SBI Mutual Fund has invested 2.4 percent of its portfolio in TCS and 2.1 percent in Axis Bank. The fund house increased its stake in TCS by 0.2 percent in February. At the same time, there has been no change in the stake in Axis Bank.
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