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 | Infosys Limited | 534 funds | 3.68% | ₹88,222 Cr |
| 2 | Tech Mahindra Limited | 415 funds | 1.84% | ₹28,167 Cr |
| 3 | Tata Consultancy Services Limited | 410 funds | 2.82% | ₹45,339 Cr |
| 4 | HCL Technologies Limited | 323 funds | 2.15% | ₹31,730 Cr |
| 5 | Coforge Limited | 305 funds | 2.03% | ₹26,162 Cr |
| 6 | Persistent Systems Limited | 281 funds | 1.80% | ₹18,246 Cr |
| 7 | Mphasis Limited | 226 funds | 1.17% | ₹13,493 Cr |
| 8 | LTIMindtree Limited | 215 funds | 1.27% | ₹4,760 Cr |
| 9 | Oracle Financial Services Software Limited | 200 funds | 1.28% | ₹5,225 Cr |
| 10 | Wipro Limited | 174 funds | 1.44% | ₹3,191 Cr |
| 11 | KPIT Technologies Limited | 109 funds | 0.56% | ₹1,941 Cr |
| 12 | Hexaware Technologies Limited | 106 funds | 0.56% | ₹4,260 Cr |
| 13 | Zensar Technologies Limited | 88 funds | 0.75% | ₹1,746 Cr |
| 14 | Tata Elxsi Limited | 86 funds | 0.65% | ₹233 Cr |
| 15 | Birlasoft Limited | 80 funds | 0.67% | ₹1,371 Cr |
| 16 | Intellect Design Arena Limited | 73 funds | 0.74% | ₹539 Cr |
| 17 | Fractal Analytics Ltd | 67 funds | 0.50% | ₹1,051 Cr |
| 18 | Sonata Software Limited | 49 funds | 1.02% | ₹1,585 Cr |
| 19 | Rategain Travel Technologies Limited | 36 funds | 1.72% | ₹1,823 Cr |
| 20 | Newgen Software Technologies Limited | 35 funds | 0.66% | ₹144 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 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 IT - Software sector. Click any stock name in the table to see which specific funds hold it and in what proportion.