More than 10 mutual fund (MF) schemes reduced their holdings in eight stocks in May 2025 compared to April 2025, according to an ETMarkets analysis. Interestingly, among these eight stocks, three have posted gains of approximately 20–25% so far in FY26, while three others have underperformed, one of which experienced a sharp decline of around 71% during the same period. (Data Source: ACE MF, ACE Equity). Check the list to see if you hold any of these stocks: