Eternal, HDFC Bank, and RIL among 9 stocks owned by 600 mutual funds in July

According to ACE MF data for July, nine major stocks are held by over 600 mutual fund schemes. ICICI Bank led the list, being owned by 771 funds, followed by HDFC Bank, SBI, Bharti Airtel, RIL, Axis Bank, Infosys, L&T, and Eternal, reflecting strong institutional confidence in large-cap equities.