Mutual funds' darling stocks

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The top 10 stock picks of India's equity fund managers have been consistent so far this financial year. About one-fourth of the equity assets under management has continued to find place in the top 10 stocks - all blue chips. There has not been much change in their rankings, barring capital goods firm Larsen & Toubro overtaking India's largest lender State Bank of India at the fourth position, and changes in the bottom two picks. Private lenders HDFC Bank and ICICI Bank dominate top two posts. During the past three months, Bharti Airtel and BPCL could not find place among top ten. Sun Pharma, HCL Tech, Tata Motors briefly made to top 10.