Track how many active mutual funds hold each insurance stock in India. Four months of data shows where institutional conviction in life insurance, general insurance, and health insurance companies 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 | Max Financial Services Limited | 158 | -5.7% | +3.4% | -3.2% | 149 | -5.7% | 17,666 |
| 2 | SBI Life Insurance Company Limited | 146 | +0.7% | 0% | -9.5% | 133 | -8.9% | 16,289 |
| 3 | ICICI Lombard General Insurance Company Limited | 120 | -3.3% | -6% | -4.6% | 104 | -13.3% | 9,801 |
| 4 | HDFC Life Insurance Company Limited | 110 | -6.4% | -3.9% | -11.1% | 88 | -20% | 10,431 |
| 5 | ICICI Prudential Life Insurance Company Limited | 43 | +2.3% | +4.5% | -4.3% | 44 | +2.3% | 4,524 |
| 6 | Canara HSBC Life Insurance Co Ltd | 24 | +16.7% | 0% | -7.1% | 26 | +8.3% | 1,563 |
| 7 | Go Digit General Insurance Limited | 24 | -12.5% | +9.5% | +8.7% | 25 | +4.2% | 2,388 |
| 8 | Life Insurance Corporation Of India | 35 | -2.9% | -20.6% | -11.1% | 24 | -31.4% | 1,700 |
| 9 | Star Health And Allied Insurance Company Limited | 31 | -16.1% | -15.4% | 0% | 22 | -29% | 3,264 |
| 10 | Medi Assist Healthcare Services Ltd | 19 | 0% | -5.3% | -5.6% | 17 | -10.5% | 605 |
| 11 | Niva Bupa Health Insurance Company Limited | 18 | -16.7% | +13.3% | 0% | 17 | -5.6% | 1,431 |
| 12 | General Insurance Corporation of India | 10 | +10% | 0% | +9.1% | 12 | +20% | 1,023 |
HDFC Life, SBI Life Insurance, and ICICI Prudential Life consistently rank among the most widely held insurance 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 life and general insurance.
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 insurance sector.
To explore individual fund portfolios, visit the funds directory or use the SIP calculator to plan investments in funds with high insurance sector exposure.