Which stocks in any sector do Indian mutual fund managers prefer most? — October 2026 data
| # | Stock Name | No. of MFs Holding | Avg Weight (%) | Total MF Value (Cr) |
|---|---|---|---|---|
| 1 | Infosys Limited | 540 funds | 30.89% | ₹100,447 Cr |
| 2 | Tech Mahindra Limited | 433 funds | 10.30% | ₹33,174 Cr |
| 3 | Tata Consultancy Services Limited | 431 funds | 23.23% | ₹53,687 Cr |
| 4 | HCL Technologies Limited | 340 funds | 14.88% | ₹35,668 Cr |
| 5 | Coforge Limited | 328 funds | 11.53% | ₹30,582 Cr |
| 6 | Persistent Systems Limited | 325 funds | 9.19% | ₹22,928 Cr |
| 7 | Mphasis Limited | 243 funds | 6.47% | ₹15,629 Cr |
| 8 | LTIMindtree Limited | 222 funds | 8.93% | ₹5,223 Cr |
| 9 | Oracle Financial Services Software Limited | 200 funds | 5.28% | ₹4,981 Cr |
| 10 | Wipro Limited | 174 funds | 12.97% | ₹3,659 Cr |
| 11 | KPIT Technologies Limited | 121 funds | 2.83% | ₹2,130 Cr |
| 12 | Hexaware Technologies Limited | 110 funds | 1.04% | ₹4,394 Cr |
| 13 | Tata Elxsi Limited | 90 funds | 3.23% | ₹270 Cr |
| 14 | Zensar Technologies Limited | 88 funds | 2.08% | ₹2,162 Cr |
| 15 | Birlasoft Limited | 77 funds | 1.19% | ₹1,526 Cr |
| 16 | Intellect Design Arena Limited | 76 funds | 1.41% | ₹445 Cr |
| 17 | Fractal Analytics Ltd | 69 funds | 1.01% | ₹1,081 Cr |
| 18 | Sonata Software Limited | 43 funds | 3.19% | ₹1,277 Cr |
| 19 | Rategain Travel Technologies Limited | 37 funds | 3.03% | ₹1,686 Cr |
| 20 | Newgen Software Technologies Limited | 33 funds | 0.26% | ₹133 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 October 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.