Which stocks in any sector do Indian mutual fund managers prefer most? — April 2026 data
| # | Stock Name | No. of MFs Holding | Avg Weight (%) | Total MF Value (Cr) |
|---|---|---|---|---|
| 1 | ICICI Bank Limited | 591 funds | 6.18% | ₹236,849 Cr |
| 2 | HDFC Bank Limited | 576 funds | 6.90% | ₹260,483 Cr |
| 3 | State Bank of India | 574 funds | 4.31% | ₹123,564 Cr |
| 4 | Axis Bank Limited | 515 funds | 3.66% | ₹118,375 Cr |
| 5 | Kotak Mahindra Bank Limited | 455 funds | 3.11% | ₹81,304 Cr |
| 6 | The Federal Bank Limited | 290 funds | 2.32% | ₹25,589 Cr |
| 7 | IndusInd Bank Limited | 246 funds | 1.88% | ₹19,990 Cr |
| 8 | Bank of Baroda | 227 funds | 2.14% | ₹12,226 Cr |
| 9 | AU Small Finance Bank Limited | 206 funds | 2.05% | ₹16,530 Cr |
| 10 | Indian Bank | 206 funds | 1.63% | ₹13,309 Cr |
| 11 | Canara Bank | 188 funds | 2.22% | ₹4,512 Cr |
| 12 | IDFC First Bank Limited | 154 funds | 1.71% | ₹5,765 Cr |
| 13 | Union Bank of India | 154 funds | 1.63% | ₹4,763 Cr |
| 14 | Karur Vysya Bank Limited | 147 funds | 1.47% | ₹8,776 Cr |
| 15 | RBL Bank Limited | 143 funds | 1.15% | ₹4,806 Cr |
| 16 | Punjab National Bank | 137 funds | 1.99% | ₹5,510 Cr |
| 17 | City Union Bank Limited | 124 funds | 1.24% | ₹6,577 Cr |
| 18 | Bank of Maharashtra | 120 funds | 1.26% | ₹3,900 Cr |
| 19 | Bank of India | 105 funds | 1.11% | ₹1,755 Cr |
| 20 | Yes Bank Limited | 102 funds | 1.31% | ₹1,356 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 April 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.