5 stocks where Rs 5 lakh crore worth of MF money is at stake
In the case of ICICI Bank, mutual funds collectively owned 24.40 per cent of the total share capital in the private lender as of July 30, which was worth Rs 1,38,923.44 crore, as per Prime Database. ICICI Bank alone accounted for 6.47 per cent of the total equity asset that mutual funds managed at the end of July, data suggested.
