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Why 10 stocks suffered massive Rs 17,000 crore mutual fund selloff in April

Posted on May 19, 2026
By Business News Today
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1 min read

Why 10 stocks suffered massive Rs 17,000 crore mutual fund selloff in April

Mutual funds aggressively booked profits in April, offloading an estimated Rs 17,000 crore from 10 major stocks like HDFC Bank and Wipro. This strategic sell-off occurred amid concerns over earnings risks, geopolitical uncertainty, and stretched valuations, even as many of these stocks saw significant rallies.