PSU exposure in mutual funds (active schemes) saw a marginal drop in March 2024. This was largely due to the selling in SBI, NTPC, Power Finance, NHPC and PNB. However, a report by Elara Capital states that the overall PSU exposure in MFs is still lower than the long term zone of 15-16%. Currently it is hovering around 12%. Holding has expanded to a new high since 2020 as participation has finally begun in the last few months. Here’s a list of top 10 PSU stocks by Elara Capital that observed largest buying in MF portfolios: