ETMarkets examined the June 2025 quarter disclosures of veteran investor Madhusudan Kela, who holds stakes above 1% in about 14 companies, with a combined market value of nearly Rs 2,700 crore as of August 26.
JioBlackRock Mutual Fund, a new entrant, reported an AUM of Rs 15,258 crore in March, with HDFC Bank and ICICI Bank as its top holdings.
Mutual fund trends highlight a structural shift in investor preference towards mid and small caps, sectoral themes, and multi-asset funds, while large caps lose share.
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