Which stocks in any sector do Indian mutual fund managers prefer most? — August 2026 data
| # | Stock Name | No. of MFs Holding | Avg Weight (%) | Total MF Value (Cr) |
|---|---|---|---|---|
| 1 | ICICI Bank Limited | 684 funds | 6.78% | ₹304,272 Cr |
| 2 | HDFC Bank Limited | 651 funds | 6.46% | ₹281,543 Cr |
| 3 | State Bank of India | 628 funds | 4.06% | ₹130,103 Cr |
| 4 | Axis Bank Limited | 574 funds | 3.61% | ₹133,362 Cr |
| 5 | Kotak Mahindra Bank Limited | 500 funds | 3.35% | ₹102,238 Cr |
| 6 | The Federal Bank Limited | 348 funds | 2.65% | ₹32,657 Cr |
| 7 | IndusInd Bank Limited | 297 funds | 1.94% | ₹23,481 Cr |
| 8 | AU Small Finance Bank Limited | 236 funds | 1.90% | ₹19,578 Cr |
| 9 | Bank of Baroda | 216 funds | 1.92% | ₹9,589 Cr |
| 10 | Indian Bank | 207 funds | 1.43% | ₹12,923 Cr |
| 11 | Karur Vysya Bank Limited | 192 funds | 1.61% | ₹11,161 Cr |
| 12 | RBL Bank Limited | 191 funds | 1.42% | ₹6,791 Cr |
| 13 | Union Bank of India | 181 funds | 1.67% | ₹7,039 Cr |
| 14 | IDFC First Bank Limited | 179 funds | 1.92% | ₹7,287 Cr |
| 15 | Canara Bank | 175 funds | 1.90% | ₹3,917 Cr |
| 16 | Bank of Maharashtra | 170 funds | 1.21% | ₹4,204 Cr |
| 17 | Punjab National Bank | 165 funds | 1.87% | ₹5,771 Cr |
| 18 | City Union Bank Limited | 145 funds | 1.84% | ₹8,439 Cr |
| 19 | Yes Bank Limited | 138 funds | 1.38% | ₹1,817 Cr |
| 20 | Bank of India | 129 funds | 0.86% | ₹2,220 Cr |
The table above ranks the top 20 stocks in the Banks sector by the number of Indian mutual fund schemes holding them as of August 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.
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.
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.