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VERIFIEDEconomic Times News·neutral

ICICI Bank overtakes HDFC Bank as top MF holding in July amid governance concerns

AI Summary
  • ·ICICI Bank has overtaken HDFC Bank as the top holding in mutual fund portfolios as of July.
  • ·This change is attributed to investor concerns regarding HDFC Bank's leadership succession and governance.
  • ·Mutual funds have increased their holdings in both ICICI Bank and HDFC Bank, while overseas ownership has decreased.
RELIANCEHDFCBANKICICIBANKAXISBANKBHARTIARTL
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