The SBI resurgence: The mutual funds that struck gold and lost out

With the State Bank of India finally finding its mojo this year - zooming nearly 30 per cent this year - let's look at which mutual funds piggybacked on its success or missed the bus. The opportunists These mutual fund houses had zero holding in 2020, especially when the bank's fortunes nosedived when COVID struck. But they started investing in 2021 and increased their stakes this year to strike when the iron was hot, take advantage of SBI's resurgence. Quant Focused Fund was the most notable in this category. For these funds, timing was everything. The loyalists Twenty mutual fund schemes never lost hope in SBI. Not when the bank was moving sideways