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Did your mutual funds invest in Paytm shares? Here is the list



Shares of Paytm (One97 Communications) were tumbling down on exchanges after the Reserve Bank of India on Wednesday asked Paytm Payment Bank to stop accepting deposits after February. The shares hit lower circuits on the last two trading sessions on Thursday and Friday after the order. Are you wondering whether your mutual funds hold the shares?

ETMutualFunds looked at the last available portfolios in December and found that around 97 schemes had investments worth Rs 2,003.03 crore in the stock.

Around six mutual fund schemes had over Rs 100 crore exposure in One97 Communications. Around 40 mutual fund schemes had less than Rs 10 crore exposure. (See table for details)

The top two schemes with highest exposure were from Mirae Asset Mutual Fund. Mirae Asset Large Cap Fund had the highest exposure of Rs 430.36 crore in the stock. Mirae Asset Focused Fund had an exposure of around Rs 269.12 crore. Quant Mid Cap Fund had an exposure of Rs 133.79 crore and Nippon India Large Cap Fund had an exposure of Rs 127.09 crore. Mirae Asset ELSS Tax Saver Fund and Nippon India Multi Cap Fund had an exposure of Rs 104.85 crore and Rs 101.55 crore respectively.

Mirae Asset Mutual Fund had the highest exposure of over Rs 1,000 crore. The fund house had an exposure of Rs 1,010.61 crore. Nippon India Mutual Fund had an exposure of Rs 421.68 crore. Aditya Birla Sun Life Mutual Fund and Quant Mutual Fund had an exposure of Rs 143.36 crore and Rs 141.41 crore respectively.

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