As of March, SBI Mutual Fund, the largest fund house in India by assets under management (AUM), reported a decline in AUM to ₹11.69 lakh crore (approximately $1.4 trillion USD) from ₹12.92 lakh crore in February. The fund's top stock holdings included HDFC Bank at 7.7% and ICICI Bank at 6.1%. HDFC Bank's weight decreased by 0.4%, while ICICI Bank's weight increased by 0.1%. Other significant holdings were Reliance Industries Limited (RIL) at 5.8% and State Bank of India (SBI) at 3.8%, with RIL's weight increasing by 0.4% and SBI's decreasing by 0.2%. Notably, Bharti Airtel saw its allocation rise by 0.6%, attributed to the addition of approximately 1.92 crore shares. The fund also held L&T and Infosys, each at 2.8%, with L&T's weight declining by 0.2% and Infosys's increasing by 0.2%. Allocations for Kotak Mahindra Bank and Axis Bank were 2.7% and 2.6%, respectively, both experiencing slight declines.