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 | Tata Steel Limited | 383 funds | 1.60% | ₹33,455 Cr |
| 2 | JSW Steel Limited | 256 funds | 1.37% | ₹13,953 Cr |
| 3 | Jindal Steel Limited | 209 funds | 1.18% | ₹18,368 Cr |
| 4 | Steel Authority of India Limited | 176 funds | 1.08% | ₹4,472 Cr |
| 5 | Jindal Stainless Limited | 121 funds | 0.75% | ₹2,402 Cr |
| 6 | Sarda Energy & Minerals Limited | 53 funds | 0.56% | ₹80 Cr |
| 7 | NMDC Steel Limited | 49 funds | 0.62% | ₹103 Cr |
| 8 | Vedanta Iron And Steel Limited | 46 funds | 0.14% | ₹149 Cr |
| 9 | Kirloskar Ferrous Industries Ltd. | 13 funds | 1.13% | ₹1,031 Cr |
| 10 | INDIAN METALS & FERRO ALLOYS LIMITED | 9 funds | 0.05% | ₹5 Cr |
| 11 | Sandur Manganese & Iron Ores Limited | 7 funds | 0.05% | ₹6 Cr |
| 12 | Jai Balaji Industries Limited | 7 funds | 0.03% | ₹4 Cr |
| 13 | Malco Energy Limited | 2 funds | 0.08% | ₹3 L |
| 14 | KIOCL LIMITED | 1 funds | 0.00% | — |
| 15 | Prakash Industries Limited | 1 funds | 0.01% | — |
The table above ranks the top 15 stocks in the Ferrous Metals 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 Ferrous Metals sector. Click any stock name in the table to see which specific funds hold it and in what proportion.