Year End Specials: Top MF holdings see little change in 2017

HDFC Bank, ICICI Bank remained top bets; Tata Motors, HCL Techand Sun Pharma ousted from top 15

Mutual fund managers played safe in 2017 when it came to their top holdings. In a year that saw several scheme categories deliver market-beating 30 per cent-plus returns, the list of companies most owned by mutual funds remained the same, by and large.

There were only five stocks at the start of the year in which mutual fund exposure was over Rs 10,000 crore. At the end of the year, this number rose to 10. Fund managers tried to remain with trusted businesses in the large-cap category and kept on pumping inflows into select counters.

HDFC Bank, ICICI Bank, State