Over 15 MF schemes cut exposure to these 10 stocks in April ’26

As geopolitical uncertainties rattled investor sentiment and triggered sharp market swings in April, many mutual funds turned cautious and pared their exposure to equities. An ETMarkets analysis found that nearly 15 stocks witnessed a reduction in holdings by more than 10 mutual fund schemes in April 2026 compared with March 2026. From this group, we identified 10 stocks in which over 15 mutual fund schemes reduced their stakes on a month-on-month basis.

Notably, 7 of these 10 stocks have posted negative returns so far in CY26, with declines of up to 60% in less than five months of calendar year 2026. (Data Source: ACE MF, ACE Equity)

MF schemes holding the stock declined to 265 in April 2026 from 316 in March 2026, with total MF holdings valued at Rs 6,628 crore.

Note: Vedanta stock saw a major price adjustment on April 30, 2026, when it turned ex-demerger.

MF schemes holding the stock declined to 191 in April 2026 from 213 in March 2026, with MF market value at Rs 8,556 crore.
CY26 performance: 18%

MF schemes holding the stock plunged to 5 in April 2026 from 21 in March 2026, while MF market value stood at Rs 2 crore.
CY26 performance: -59%

MF schemes holding the stock declined to 81 in April 2026 from 97 in March 2026, with MF holdings valued at Rs 788 crore.
CY26 performance: -10%

MF schemes holding the stock fell to 99 in April 2026 from 111 in March 2026, with MF holdings valued at Rs 3,515 crore.
CY26 performance: -25%