New Delhi, Oct. 15 -- Mutual funds have significant exposure to Bharti Airtel and Vodafone Idea, but the Reliance Jio Platforms IPO and its listing could change how fund managers allocate money across the telecom sector.

Some funds have allocated more than 20% of their portfolios to Bharti Airtel. Jio's listing could give active fund managers another telecom stock to consider. Here is what investors need to know.

These funds have the highest allocations to Airtel, with weightage expressed as a percentage of AUM. They are sectoral/thematic or passive funds (index funds/ETFs).

Gaurav Garg, Head of Research at Lemon, said these funds are likely to move first, potentially trimming Airtel or Reliance Industries to make room for Jio. This co...