Track how many active mutual funds hold each telecom services stock in India. Four months of data shows where institutional conviction in mobile, broadband, and digital infrastructure 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 | Bharti Airtel Limited | 351 | -1.4% | +1.4% | -2.3% | 343 | -2.3% | 73,085 |
| 2 | Indus Towers Limited | 111 | -5.4% | +7.6% | -0.9% | 112 | +0.9% | 12,611 |
| 3 | Bharti Hexacom Limited | 69 | -2.9% | -3% | -1.5% | 64 | -7.2% | 6,077 |
| 4 | Tata Communications Limited | 38 | 0% | +18.4% | -6.7% | 42 | +10.5% | 8,052 |
| 5 | Vodafone Idea Limited | 16 | +12.5% | +5.6% | +10.5% | 21 | +31.3% | 872 |
| 6 | HFCL Limited | 4 | +50% | +16.7% | +42.9% | 10 | +150% | 2,406 |
| 7 | Route Mobile Limited | 5 | -40% | 0% | 0% | 3 | -40% | 94 |
| 8 | Pace Digitek Limited | 2 | 0% | 0% | 0% | 2 | 0% | 162 |
| 9 | STL Networks limited | 4 | +25% | -60% | 0% | 2 | -50% | 14 |
| 10 | City Online Services Ltd** | 1 | 0% | 0% | 0% | 1 | 0% | — |
| 11 | Vindhya Telelinks Limited | 1 | 0% | 0% | 0% | 1 | 0% | 203 |
| 12 | RailTel Corporation of India Limited | 1 | 0% | 0% | -100% | — | -100% | — |
Bharti Airtel and Indus Towers consistently rank among the most widely held telecom 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 mobile services and digital infrastructure.
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 telecom sector.
To explore individual fund portfolios, visit the funds directory or use the SIP calculator to plan investments in funds with high telecom sector exposure.