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 | Infosys Limited | 530 funds | 3.66% | ₹102,187 Cr |
| 2 | Tata Consultancy Services Limited | 405 funds | 2.81% | ₹47,194 Cr |
| 3 | Tech Mahindra Limited | 383 funds | 1.85% | ₹27,149 Cr |
| 4 | HCL Technologies Limited | 321 funds | 1.93% | ₹31,298 Cr |
| 5 | Persistent Systems Limited | 274 funds | 1.82% | ₹17,823 Cr |
| 6 | Coforge Limited | 264 funds | 1.88% | ₹18,345 Cr |
| 7 | Mphasis Limited | 217 funds | 1.24% | ₹12,702 Cr |
| 8 | LTIMindtree Limited | 207 funds | 1.25% | ₹5,029 Cr |
| 9 | Wipro Limited | 193 funds | 1.49% | ₹6,084 Cr |
| 10 | Oracle Financial Services Software Limited | 143 funds | 1.27% | ₹3,195 Cr |
| 11 | KPIT Technologies Limited | 122 funds | 0.61% | ₹2,581 Cr |
| 12 | Hexaware Technologies Limited | 110 funds | 0.65% | ₹4,772 Cr |
| 13 | Tata Elxsi Limited | 90 funds | 0.61% | ₹292 Cr |
| 14 | Zensar Technologies Limited | 81 funds | 0.57% | ₹2,092 Cr |
| 15 | Birlasoft Limited | 77 funds | 0.56% | ₹1,911 Cr |
| 16 | Sonata Software Limited | 73 funds | 0.51% | ₹1,724 Cr |
| 17 | Intellect Design Arena Limited | 67 funds | 0.41% | ₹620 Cr |
| 18 | Newgen Software Technologies Limited | 60 funds | 0.19% | ₹158 Cr |
| 19 | Latent View Analytics Limited | 58 funds | 0.23% | ₹202 Cr |
| 20 | C.E. Info Systems Limited | 57 funds | 0.28% | ₹521 Cr |
The table above ranks the top 20 stocks in the IT - Software 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 IT - Software sector. Click any stock name in the table to see which specific funds hold it and in what proportion.