According to the National Stock Exchange's (NSE) India Ownership Tracker report, Nifty 50 stocks accounted for 49.4 per cent of mutual funds' holdings in NSE-listed equities, down two. Exposure slips below 50% for first time in over two decades as funds broaden portfolios beyond benchmark. As the Nifty 50 remains well below its September 2024 peak, equity mutual fund schemes have delivered markedly different returns over the correction period.