Which stocks in any sector do Indian mutual fund managers prefer most? — September 2026 data
| # | Stock Name | No. of MFs Holding | Avg Weight (%) | Total MF Value (Cr) |
|---|---|---|---|---|
| 1 | ICICI Bank Limited | 692 funds | 6.48% | ₹279,059 Cr |
| 2 | HDFC Bank Limited | 664 funds | 6.82% | ₹284,983 Cr |
| 3 | State Bank of India | 630 funds | 3.95% | ₹117,354 Cr |
| 4 | Axis Bank Limited | 566 funds | 3.70% | ₹126,695 Cr |
| 5 | Kotak Mahindra Bank Limited | 521 funds | 3.43% | ₹103,499 Cr |
| 6 | The Federal Bank Limited | 347 funds | 2.47% | ₹28,955 Cr |
| 7 | IndusInd Bank Limited | 292 funds | 1.79% | ₹20,344 Cr |
| 8 | AU Small Finance Bank Limited | 237 funds | 1.87% | ₹18,336 Cr |
| 9 | Bank of Baroda | 211 funds | 1.97% | ₹8,991 Cr |
| 10 | Indian Bank | 201 funds | 1.36% | ₹11,589 Cr |
| 11 | RBL Bank Limited | 198 funds | 1.48% | ₹7,563 Cr |
| 12 | Karur Vysya Bank Limited | 192 funds | 1.56% | ₹10,466 Cr |
| 13 | IDFC First Bank Limited | 186 funds | 1.85% | ₹6,923 Cr |
| 14 | Union Bank of India | 185 funds | 1.59% | ₹6,417 Cr |
| 15 | Canara Bank | 177 funds | 1.87% | ₹3,726 Cr |
| 16 | Bank of Maharashtra | 171 funds | 1.23% | ₹4,006 Cr |
| 17 | Punjab National Bank | 163 funds | 1.94% | ₹5,611 Cr |
| 18 | City Union Bank Limited | 147 funds | 1.84% | ₹8,458 Cr |
| 19 | Yes Bank Limited | 138 funds | 1.31% | ₹1,604 Cr |
| 20 | Bandhan Bank Limited | 132 funds | 1.51% | ₹5,019 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 September 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.