IndusInd Bank shared the most beating amid the ongoing decline in the stock market. In the domestic market, the bank's stock fell 27 percent of the IndusInd bank's derivative portfolio (invested in futures and options segment), while the fear of softening in the US led to a decline in global markets. The fall was not only in IndusInd shares but the mutual fund companies that were invested in this stock are also red.
Many mutual funds have also invested in large quantities in Indusand Bank shares. According to the February 2025 data of Ace Equities, 35 different mutual funds had more than 20.88 crore shares of Indusand Bank. The total value of which was Rs 20,760 crore, but after the recent decline, it has come down to Rs 14,600 crore. In such a situation, let us know which mutual funds invested money in this stock.
The highest holding of Rs 3779 crore was with ICICI Processional Mutual Fund. After this, HDFC Mutual Fund had shares of 3,564 crore and SBI Mutual Fund had shares of 3,048 crore. Apart from this, UTI, Nippon India, Bandhan and Franklin Templin Mutual Fund had invested Rs 740 crore to Rs 2,447 crore.
After the fall, by March 11, the total investment of mutual funds in IndusInd Bank shares declined by more than Rs 6,000 crore. IndusInd Bank on Tuesday tried his best to reduce the impact of the loss of Rs 2,100 crore due to accounting discrepancy and said that it had enough capital to overcome this shock.
Analysts have predicted a loss of Rs 2,100 crore due to discrepancy. The bank has appointed an external agency for independent review and verification of internal findings. Kathpalia said, the bank's profitability and capital adequacy are in a better position to withstand this lump sum effect. The bank identified this problem itself… The bank has enough reserves and capital to manage it. ” IndusInd Bank shares fell 27.17 percent to close at Rs 655.95 in BSE. During the day trading, it touched its one year low of Rs 649 per share.
