Track how many active mutual funds hold each banking stock in India. Four months of data shows where institutional conviction in the banking sector is rising or falling.
📅 Updated Jun 2026 · Index funds and ETFs excluded
| # | Stock Name | Mar | Apr % | May % | Jun % | Jun 2026 Funds | Overall % | AUM (₹ Cr) |
|---|---|---|---|---|---|---|---|---|
| 1 | ICICI Bank Limited | 368 | +2.2% | 0% | -0.5% | 374 | +1.6% | 161,613 |
| 2 | HDFC Bank Limited | 378 | -6.3% | +0.6% | -2.2% | 348 | -7.9% | 154,813 |
| 3 | State Bank of India | 334 | -1.8% | -2.4% | -1.9% | 314 | -6% | 70,927 |
| 4 | Axis Bank Limited | 302 | +1% | +0.7% | -1.3% | 303 | +0.3% | 78,656 |
| 5 | Kotak Mahindra Bank Limited | 257 | +1.9% | -2.7% | -3.1% | 247 | -3.9% | 53,934 |
| 6 | The Federal Bank Limited | 137 | -4.4% | +4.6% | +3.6% | 142 | +3.6% | 24,880 |
| 7 | IndusInd Bank Limited | 123 | -2.4% | +3.3% | -5.6% | 117 | -4.9% | 14,214 |
| 8 | Karur Vysya Bank Limited | 83 | +1.2% | +13.1% | -2.1% | 93 | +12% | 8,424 |
| 9 | AU Small Finance Bank Limited | 80 | +6.3% | +5.9% | 0% | 90 | +12.5% | 14,868 |
| 10 | Ujjivan Small Finance Bank Limited | 81 | -1.2% | +7.5% | +1.2% | 87 | +7.4% | 3,203 |
| 11 | RBL Bank Limited | 67 | +6% | +11.3% | +7.6% | 85 | +26.9% | 6,978 |
| 12 | Indian Bank | 99 | -6.1% | -6.5% | -6.9% | 81 | -18.2% | 10,453 |
| 13 | Bank of Baroda | 92 | +1.1% | -14% | -2.5% | 78 | -15.2% | 7,695 |
| 14 | City Union Bank Limited | 67 | +7.5% | +4.2% | +1.3% | 76 | +13.4% | 6,831 |
| 15 | Bandhan Bank Limited | 32 | +31.3% | +19% | +4% | 52 | +62.5% | 4,030 |
| 16 | IDFC First Bank Limited | 54 | -5.6% | -5.9% | 0% | 48 | -11.1% | 4,792 |
| 17 | Bank of Maharashtra | 47 | +2.1% | -4.2% | 0% | 46 | -2.1% | 3,864 |
| 18 | Equitas Small Finance Bank Limited | 41 | -2.4% | +10% | -4.5% | 42 | +2.4% | 3,609 |
| 19 | Union Bank of India | 35 | +5.7% | -5.4% | +5.7% | 37 | +5.7% | 2,983 |
| 20 | Canara Bank | 40 | +5% | -38.1% | -11.5% | 23 | -42.5% | 651 |
| 21 | Yes Bank Limited | 9 | +11.1% | +60% | +37.5% | 22 | +144.4% | 397 |
| 22 | DCB Bank Limited | 22 | +9.1% | -12.5% | -4.8% | 20 | -9.1% | 1,411 |
| 23 | Punjab National Bank | 25 | -16% | 0% | -4.8% | 20 | -20% | 2,539 |
| 24 | CSB Bank Limited | 22 | -4.5% | -4.8% | -10% | 18 | -18.2% | 683 |
| 25 | The Jammu & Kashmir Bank Limited | 9 | +55.6% | +14.3% | +12.5% | 18 | +100% | 999 |
| 26 | Bank of India | 17 | +5.9% | 0% | -11.1% | 16 | -5.9% | 1,033 |
| 27 | The South Indian Bank Limited | 12 | 0% | +8.3% | +23.1% | 16 | +33.3% | 1,478 |
| 28 | Jana Small Finance Bank Ltd | 4 | -25% | +33.3% | 0% | 4 | 0% | 85 |
| 29 | Karnataka Bank Ltd | 3 | 0% | 0% | +33.3% | 4 | +33.3% | 845 |
| 30 | Tamilnad Mercantile Bank Limited | 2 | +50% | +33.3% | 0% | 4 | +100% | 37 |
| 31 | Central Bank of India | — | — | -33.3% | 0% | 2 | — | 36 |
| 32 | Suryoday Small Finance Bank Limited | 2 | 0% | 0% | 0% | 2 | 0% | 30 |
| 33 | Capital Small Finance Bank Limited | 1 | 0% | 0% | 0% | 1 | 0% | 16 |
| 34 | IDBI Bank Limited | 2 | -100% | — | — | 1 | -50% | 12 |
| 35 | Utkarsh Small Finance Bank Ltd | 1 | 0% | 0% | -100% | — | -100% | — |
HDFC Bank, ICICI Bank, and Kotak Mahindra Bank consistently rank among the most widely held banking stocks across active equity mutual funds. The fund count shown here reflects only actively managed funds — index funds and ETFs are excluded — giving a cleaner picture of where fund managers are placing conviction bets within the banking sector.
A high fund count does not always indicate a buy signal — it reflects broad institutional acceptance. Stocks with rising fund counts over four months indicate growing conviction. Cross-reference individual fund portfolios on our top stocks page or explore full holdings via the funds directory.
The Apr %, May %, and Jun % columns show month-on-month change in the number of active funds holding each stock. A positive percentage means more funds added the stock that month. A negative percentage means funds were exiting. The Overall % column — March to June — is the primary conviction signal. Consistent positive changes across all three months indicate sustained and growing institutional interest.
For context on SEBI disclosure requirements, refer to AMFI India. For regulatory guidelines, visit SEBI India. Explore sector performance trends using our market cap categories page.
No — all counts exclude index funds, ETFs, and fund of funds. Only actively managed equity mutual funds are counted. Index funds mechanically hold stocks in proportion to index weight — their holdings do not reflect active manager conviction. By excluding them, fund counts here more accurately represent where professional stock pickers are allocating capital within the banking sector.
To explore individual fund portfolios, visit the funds directory or use the SIP calculator to plan investments in funds with high banking sector exposure.