HDFC Bank Slide Drags Nifty, Impacts Mutual Fund Holdings

Brief By Ndtvprofit.com / 11:21 AM on 24 Aug 2026

HDFC Bank shares contributed 915 points to the Nifty’s 1,915-point year-to-date decline, affecting mutual funds with significant exposure. Mutual fund holdings in the bank are valued at around ₹4.1 lakh crore. Nippon Large Cap Fund has the highest exposure at 9.91% of AUM, followed by Mirae Asset Large Cap at 9.43%.