Index heavyweights such as HDFC BankBSE 3.75 %, ICICI BankBSE 1.52 %, State Bank of IndiaBSE -0.59 % (SBI), Larsen & Toubro (L&T), and ITCBSE 0.58 % have again caught the attention of leading fund managers, shows the data on mutual funds portfolio for January. They invested between Rs 10,000 crore and Rs 33,000 crore in these stocks during the month.
This marks a shift in the strategy since most heavyweights were out of favour over the past few years.