March Portfolio Rebalance: 7 Mutual Funds Adjust Exposure in 20 Midcap Stocks

In March, a move was observed among 7 mutual funds as they adjusted their positions in 20 midcap stocks.  

This strategic portfolio rebalance was aimed at managing risk effectively and optimising returns amidst evolving market conditions. 

Mutual Funds Trim Midcap Holdings in March 

Throughout March, 7 mutual funds took a cautious approach, decreasing their holdings across a selection of midcap stocks. This reallocation was carried out to better align with their overall investment strategies and reflect a shift in market dynamics. 

HDFC Mutual Fund reduced stakes in KEI Industries, IDFC First Bank, and JSW Infrastructure. 

Similarly, SBI Mutual Fund cut back its investments in HPCL, Godrej Properties, and United Breweries. 

Portfolio Adjustments by Prominent Funds 

Other prominent funds also implemented changes: Kotak Mutual Fund pared its holdings in GE Vernova T&D India, Oberoi Realty, and Voltas.  

Axis Mutual Fund, on the other hand, reduced exposure to Ashok Leyland, Uno Minda, and Fortis Healthcare. 

Read More: 6 Mutual Fund AMCs Hold Over ₹10,000 Crore in Cash Portfolios as of March 2026 Amid Market Volatility! 

Diverse Sector Adjustments 

Nippon India Mutual Fund opted for adjustments by reducing investments in GE Vernova T&D India, IndusInd Bank, and Federal Bank.  

Quant Mutual Fund chose to trim its holdings in SBI Cards, Piramal Finance, and Lloyds Metals. 

ICICI Prudential Mutual Fund also crafted changes, reducing investment in Bharat Forge, Supreme Industries, and FSN E-Commerce, aiming for strategic realignment in its portfolio. 

Conclusion 

The collective shift by these 7 mutual funds in March, focusing on a wide range of midcap stocks, highlights their efforts to manage risk and optimise returns. By strategically altering their exposure, these funds demonstrate a proactive approach in navigating market fluctuations. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Mutual Fund investments are subject to market risks, read all scheme-related documents carefully.