Which stocks in any sector do Indian mutual fund managers prefer most? — August 2026 data
| # | Stock Name | No. of MFs Holding | Avg Weight (%) | Total MF Value (Cr) |
|---|---|---|---|---|
| 1 | SBI Life Insurance Company Limited | 333 funds | 1.42% | ₹29,404 Cr |
| 2 | Max Financial Services Limited | 275 funds | 1.29% | ₹19,089 Cr |
| 3 | HDFC Life Insurance Company Limited | 258 funds | 1.09% | ₹18,737 Cr |
| 4 | ICICI Lombard General Insurance Company Limited | 208 funds | 1.04% | ₹14,678 Cr |
| 5 | Life Insurance Corporation Of India | 184 funds | 1.24% | ₹27,478 Cr |
| 6 | ICICI Prudential Life Insurance Company Limited | 134 funds | 0.72% | ₹7,318 Cr |
| 7 | General Insurance Corporation of India | 91 funds | 0.47% | ₹2,768 Cr |
| 8 | Star Health And Allied Insurance Company Limited | 88 funds | 1.51% | ₹3,537 Cr |
| 9 | Canara HSBC Life Insurance Co Ltd | 83 funds | 0.68% | ₹2,515 Cr |
| 10 | Go Digit General Insurance Limited | 80 funds | 0.93% | ₹2,579 Cr |
| 11 | The New India Assurance Company Limited | 68 funds | 0.12% | ₹35 Cr |
| 12 | Niva Bupa Health Insurance Company Limited | 57 funds | 0.82% | ₹1,382 Cr |
| 13 | Medi Assist Healthcare Services Ltd | 27 funds | 0.60% | ₹895 Cr |
The table above ranks the top 13 stocks in the Insurance sector by the number of Indian mutual fund schemes holding them as of August 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 Insurance sector. Click any stock name in the table to see which specific funds hold it and in what proportion.