Which stocks in any sector do Indian mutual fund managers prefer most? — May 2026 data
| # | Stock Name | No. of MFs Holding | Avg Weight (%) | Total MF Value (Cr) |
|---|---|---|---|---|
| 1 | Tata Steel Limited | 377 funds | 1.69% | ₹35,552 Cr |
| 2 | Jindal Steel Limited | 208 funds | 1.33% | ₹17,124 Cr |
| 3 | JSW Steel Limited | 205 funds | 1.42% | ₹12,722 Cr |
| 4 | Vedanta Iron And Steel Limited | 188 funds | 0.28% | ₹2,009 Cr |
| 5 | Steel Authority of India Limited | 126 funds | 1.02% | ₹4,040 Cr |
| 6 | Jindal Stainless Limited | 100 funds | 0.68% | ₹1,779 Cr |
| 7 | Sarda Energy & Minerals Limited | 45 funds | 0.17% | ₹88 Cr |
| 8 | NMDC Steel Limited | 42 funds | 0.16% | ₹100 Cr |
| 9 | Malco Energy Limited | 12 funds | 0.33% | ₹12 Cr |
| 10 | INDIAN METALS & FERRO ALLOYS LIMITED | 11 funds | 0.18% | ₹9 Cr |
| 11 | Kirloskar Ferrous Industries Ltd. | 11 funds | 1.04% | ₹849 Cr |
| 12 | Jai Balaji Industries Limited | 7 funds | 0.04% | ₹5 Cr |
| 13 | Sandur Manganese & Iron Ores Limited | 5 funds | 0.01% | ₹8 L |
| 14 | KIOCL LIMITED | 1 funds | 0.00% | — |
| 15 | Prakash Industries Limited | 1 funds | 0.01% | — |
| 16 | Mukand Limited | 1 funds | 0.00% | — |
| 17 | Sambhv Steel Tubes Ltd | 1 funds | 0.97% | ₹30 Cr |
The table above ranks the top 17 stocks in the Ferrous Metals sector by the number of Indian mutual fund schemes holding them as of May 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.