LTI Mindtree in Nifty50: 9 Mutual Funds that have invested over Rs 200 crore each in LTIM

financialexpress.com:

LTIMindtree Ltd is going to replace HDFC Ltd in the benchmark Nifty50 Index on July 13, according to National Stock Exchange (NSE). The inclusion of LTIMindtree Ltd (LTIM) in Nifty50 has been necessitated due to the merger of HDFC Ltd with HDFC Bank effective July 1. As per NSE, the replacement of HDFC with LTIMindtree will also be applicable to Nifty50 Equal Weight Index.

At the time of writing today (July 5), the price of each share of LTIMindtree was Rs 5250.55. The stock’s price has jumped 32.62% in a year from around Rs 3959 to its current price of Rs 5350.55. In 5 years, the LTIM share price has jumped 218.86% and 162.47% in three years. (Read more details about LTIMindtree share price here).

Data shows LTIMindtree has been one of the favourite stocks of mutual fund managers, with more than 200 schemes invested in it. Several mutual fund schemes have invested a significant portion of their respective AUMs in LTIMindtree shares.

Also Read: Nifty 50 jumps 79% in 5 years. 11 Index Funds tracking it turn Rs 25,000 SIP into Rs 21 lakh

The following is the list of 9 Mutual Fund schemes that have invested more than Rs 200 crore in LTIMIndtree stocks.

Apart from the above, there are over 200 mutual fund schemes that have invested in LTIMindtree (Read full details here).

Disclaimer: The above content is for informational purposes only. Mutual Fund investments are subject to market risks. Please consult a SEBI-certified financial advisor before investing in any scheme.