Aerospace & Defense Sector — Top Stocks Held by Indian Mutual Funds

Which stocks in any sector do Indian mutual fund managers prefer most? — May 2026 data

18
Total Stocks in Sector
421
Max Funds in One Stock
₹68,838 Cr
Total MF Investment in Sector

Aerospace & Defense — Top 18 Stocks by Mutual Fund Conviction

# Stock Name No. of MFs Holding Avg Weight (%) Total MF Value (Cr)
1 Bharat Electronics Limited 421 funds 2.14% ₹39,726 Cr
2 Hindustan Aeronautics Limited 269 funds 2.14% ₹17,094 Cr
3 Bharat Dynamics Limited 112 funds 0.77% ₹2,739 Cr
4 Data Patterns (India) Limited 93 funds 1.05% ₹2,131 Cr
5 Garden Reach Shipbuilders & Engineers Limited 66 funds 0.55% ₹516 Cr
6 Zen Technologies Limited 58 funds 0.71% ₹1,114 Cr
7 Aequs Limited 27 funds 0.59% ₹448 Cr
8 Astra Microwave Products Limited 26 funds 1.59% ₹2,090 Cr
9 Cyient DLM Ltd 19 funds 0.71% ₹919 Cr
10 Axiscades Technologies Ltd. 16 funds 0.57% ₹122 Cr
11 Apollo Micro Systems Limited 16 funds 0.86% ₹182 Cr
12 Mishra Dhatu Nigam Limited 15 funds 0.29% ₹434 Cr
13 Paras Defence & Space Technologies Ltd 13 funds 0.42% ₹76 Cr
14 MTAR Technologies Limited 8 funds 2.72% ₹617 Cr
15 Ideaforge Technology Limited 5 funds 0.51% ₹69 Cr
16 Centum Electronics Ltd. 5 funds 1.50% ₹506 Cr
17 DCX Systems Limited 4 funds 0.16% ₹56 Cr
18 Unimech Aerospace And Manufacturing Ltd 2 funds 0.15% ₹28 L

What Do Mutual Funds Hold in the Aerospace & Defense Sector?

The table above ranks the top 18 stocks in the Aerospace & Defense sector by the number of Indian mutual fund schemes holding them as of May 2026. When a large number of fund managers independently choose the same stock, it is a powerful signal of institutional conviction — these are the stocks that professional money managers believe in most.

What does fund count tell you?

A stock held by 200+ mutual funds means that hundreds of fund managers — each doing their own independent research — have concluded that this stock deserves a place in their portfolio. This collective wisdom is one of the most reliable indicators of a stock's quality within its sector. The average weight shows how much of their portfolio each fund typically allocates to the stock, and the total MF value shows the combined rupee investment across all funds holding it.

How Does RightAdvise Compile This Data?

All data is sourced from monthly portfolio disclosures that every AMFI-registered mutual fund is required to publish. RightAdvise compiles and analyses this data across 1,100+ active fund schemes to give you a clear, unbiased view of where professional fund managers are investing in the Aerospace & Defense sector. Click any stock name in the table to see which specific funds hold it and in what proportion.

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