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 | Tata Steel Limited | 349 funds | 1.73% | ₹35,510 Cr |
| 2 | Jindal Steel Limited | 198 funds | 1.38% | ₹17,093 Cr |
| 3 | JSW Steel Limited | 183 funds | 1.39% | ₹10,611 Cr |
| 4 | Steel Authority of India Limited | 107 funds | 0.91% | ₹3,804 Cr |
| 5 | Vedanta Iron And Steel Limited | 98 funds | 0.31% | ₹1,561 Cr |
| 6 | Jindal Stainless Limited | 92 funds | 0.78% | ₹1,892 Cr |
| 7 | Sarda Energy & Minerals Limited | 38 funds | 0.20% | ₹90 Cr |
| 8 | NMDC Steel Limited | 37 funds | 0.17% | ₹94 Cr |
| 9 | Kirloskar Ferrous Industries Ltd. | 11 funds | 1.01% | ₹840 Cr |
| 10 | Malco Energy Limited | 9 funds | 0.33% | ₹12 Cr |
| 11 | Jai Balaji Industries Limited | 4 funds | 0.07% | ₹6 Cr |
| 12 | INDIAN METALS & FERRO ALLOYS LIMITED | 4 funds | 0.08% | ₹7 Cr |
| 13 | Mukand Limited | 1 funds | 0.00% | — |
| 14 | Sambhv Steel Tubes Ltd | 1 funds | 1.09% | ₹34 Cr |
| 15 | KIOCL LIMITED | 1 funds | 0.00% | — |
| 16 | Prakash Industries Limited | 1 funds | 0.01% | — |
The table above ranks the top 16 stocks in the Ferrous Metals 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 Ferrous Metals sector. Click any stock name in the table to see which specific funds hold it and in what proportion.