Banks Sector — Top Stocks Held by Indian Mutual Funds

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

40
Total Stocks in Sector
100
Max Funds in One Stock
₹16,486 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)
21 Bandhan Bank Limited 100 funds 0.90% ₹4,040 Cr
22 Ujjivan Small Finance Bank Limited 94 funds 1.68% ₹2,965 Cr
23 Equitas Small Finance Bank Limited 50 funds 1.30% ₹3,339 Cr
24 The Jammu & Kashmir Bank Limited 49 funds 0.47% ₹632 Cr
25 Central Bank of India 48 funds 0.34% ₹126 Cr
26 UCO Bank 46 funds 0.27% ₹89 Cr
27 Indian Overseas Bank 45 funds 0.44% ₹146 Cr
28 IDBI Bank Limited 35 funds 0.14% ₹23 Cr
29 DCB Bank Limited 30 funds 1.26% ₹1,463 Cr
30 CSB Bank Limited 27 funds 1.37% ₹815 Cr
31 The South Indian Bank Limited 16 funds 0.90% ₹1,157 Cr
32 Punjab & Sind Bank 9 funds 0.27% ₹20 Cr
33 Kotak Mahindra Bank Limited 9 funds 4.23% ₹1,010 Cr
34 Jana Small Finance Bank Ltd 8 funds 1.16% ₹90 Cr
35 Tamilnad Mercantile Bank Limited 7 funds 1.05% ₹56 Cr
36 Karnataka Bank Ltd 7 funds 0.66% ₹470 Cr
37 Suryoday Small Finance Bank Limited 2 funds 0.08% ₹26 Cr
38 Utkarsh Small Finance Bank Ltd 2 funds 0.39% ₹5 Cr
39 Capital Small Finance Bank Limited 1 funds 0.80% ₹16 Cr
40 Fino Payments Bank Limited 1 funds 0.00%
« Previous Showing 21–40 of 40 stocks
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About Banks Sector — Mutual Fund Holdings Analysis

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.

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 RightAdvise compiles 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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