Banks Sector — Top Stocks Held by Indian Mutual Funds

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

39
Total Stocks in Sector
638
Max Funds in One Stock
₹1,063,387 Cr
Total MF Investment in Sector

Banks — Top 20 Stocks by Mutual Fund Conviction

# Stock Name No. of MFs Holding Avg Weight (%) Total MF Value (Cr)
1 ICICI Bank Limited 638 funds 8.92% ₹277,439 Cr
2 HDFC Bank Limited 618 funds 10.25% ₹296,537 Cr
3 State Bank of India 600 funds 5.09% ₹122,079 Cr
4 Axis Bank Limited 558 funds 4.80% ₹132,794 Cr
5 Kotak Mahindra Bank Limited 493 funds 3.99% ₹88,955 Cr
6 The Federal Bank Limited 327 funds 3.73% ₹29,910 Cr
7 IndusInd Bank Limited 272 funds 1.94% ₹19,722 Cr
8 Bank of Baroda 227 funds 2.30% ₹12,158 Cr
9 AU Small Finance Bank Limited 210 funds 2.00% ₹17,080 Cr
10 Indian Bank 204 funds 1.46% ₹11,948 Cr
11 Karur Vysya Bank Limited 179 funds 2.86% ₹9,237 Cr
12 RBL Bank Limited 175 funds 1.47% ₹5,801 Cr
13 Union Bank of India 174 funds 1.66% ₹5,584 Cr
14 Canara Bank 165 funds 2.11% ₹3,786 Cr
15 IDFC First Bank Limited 161 funds 1.98% ₹6,697 Cr
16 Bank of Maharashtra 156 funds 2.00% ₹4,690 Cr
17 Punjab National Bank 153 funds 1.98% ₹5,320 Cr
18 City Union Bank Limited 133 funds 1.87% ₹7,114 Cr
19 Yes Bank Limited 126 funds 1.63% ₹1,785 Cr
20 Bandhan Bank Limited 123 funds 1.64% ₹4,750 Cr
Showing 1–20 of 39 stocks Next »

What Do Mutual Funds Hold in the Banks Sector?

The table above ranks the top 20 stocks in the Banks sector by the number of Indian mutual fund schemes holding them as of June 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 Banks sector. Click any stock name in the table to see which specific funds hold it and in what proportion.

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