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Mutual fund holdings of IT stocks sink to record low in September

Source: Economic Times · Oct 19, 2026 00:40 UTC

Trading floor of the New York Stock Exchange with banks of monitors — File photo Carol M. Highsmith / Library of Congress · Public domain · Source

The Quick Take

Indian mutual funds decreased their investment in Information Technology stocks amid worries about artificial intelligence disruption and reduced client spending. The sector's weight in equity assets dropped significantly, affecting major companies like Infosys and TCS. While some fund managers reduced holdings, others increased their investments in select stocks such as Infosys and TCS. The Nifty

Read the full story at Economic Times

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