Bank stocks featured prominently on Indian mutual funds shopping list in the month of June.
State Bank of India Ltd. and ICICI Bank Ltd. were the two most purchased large cap stocks by mutual funds with a combined estimated purchase value of over Rs 6,000 crore, according to market research firm Morningstar India. Relatively smaller peer Kotak Mahindra Bank Ltd. was the tenth most bought large cap stock by value.
The third most preferred large-cap stock, after SBI and ICICI Bank, was information technology major Infosys Ltd.
