Investment Themes  ›  Retail Theme  ·  Active Funds Only

Retail — Mutual Fund Holdings Tracker

Track how many active mutual funds hold retail stocks in India. Monthly data shows where institutional conviction across Avenue Supermarts, Trent, Vishal Mega Mart, Metro Brands, V-Mart Retail, Vedant Fashions, Shoppers Stop, Bata India, Campus Activewear and Aditya Birla Fashion is rising or falling.

📅 Updated Aug 2026  ·  Index funds and ETFs excluded

25
Stocks Tracked
336
Active Funds Holding (Aug 2026)
₹85,523 Cr
Active MF Investment (Aug 2026)
May 2026 — fund count in May 2026 (base month) · Jun % / Jul % / Aug % — month-on-month change in funds holding the stock · Aug 2026 Funds — funds holding as of Aug 2026 · Overall % — total change May 2026 to Aug 2026. Blue = growing interest, Red = exiting · AUM (₹ Cr) — total market value held by active funds in Aug 2026 Active equity funds only  ·  Index funds and ETFs excluded
# Stock Name May Jun % Jul % Aug % Aug 2026 Funds Overall % AUM (₹ Cr)
1 Trent LimitedRetailing 132 +3%-11% 0% 121 -8.3% 12,234
2 FSN E-Commerce Ventures LimitedRetailing 107 +6.5%-2.6% +4.5% 116 +8.4% 13,844
3 Vishal Mega Mart LimitedRetailing 128 -5.5%-10.7% -5.6% 102 -20.3% 14,536
4 Lenskart Solutions LimitedRetailing 85 +10.6%+8.5% -1% 101 +18.8% 13,661
5 Avenue Supermarts LimitedRetailing 91 0%-18.7% -8.1% 68 -25.3% 11,851
6 Safari Industries India LtdConsumer Durables 53 -11.3%-4.3% -4.4% 43 -18.9% 1,315
7 Metro Brands LimitedConsumer Durables 38 -2.6%-10.8% -15.2% 28 -26.3% 1,601
8 Urban Company Ltd.Retailing 30 0%-6.7% 0% 28 -6.7% 2,976
9 Vedant Fashions LimitedRetailing 24 -8.3%0% 0% 22 -8.3% 1,425
10 Aditya Vision LtdRetailing 23 0%-8.7% 0% 21 -8.7% 1,376
11 V-Mart Retail LimitedRetailing 23 -13%0% 0% 20 -13% 1,859
12 MedPlus Health Services LimitedRetailing 17 +5.9%0% -5.6% 17 0% 1,659
13 Brainbees Solutions LtdRetailing 18 -11.1%-12.5% +7.1% 15 -16.7% 1,108
14 Campus Activewear LimitedConsumer Durables 16 -18.8%-15.4% 0% 11 -31.3% 517
15 Bata India LimitedConsumer Durables 13 0%-23.1% 0% 10 -23.1% 667
16 Entero Healthcare Solutions LtdRetailing 6 +16.7%0% +42.9% 10 +66.7% 247
17 Aditya Birla Fashion and Retail LimitedRetailing 11 +9.1%-25% 0% 9 -18.2% 250
18 Electronics Mart India LimitedRetailing 16 0%0% -43.8% 9 -43.8% 1,002
19 Shoppers Stop Ltd.Retailing 8 0%-12.5% 0% 7 -12.5% 926
20 VIP Industries LimitedConsumer Durables 7 0%0% 0% 7 0% 568
21 Go Fashion (India) LimitedRetailing 7 0%0% -14.3% 6 -14.3% 316
22 Red Tape LtdConsumer Durables 6 0%0% 0% 6 0% 763
23 Relaxo Footwears LimitedConsumer Durables 6 0%-16.7% 0% 5 -16.7% 774
24 Baazar Style Retail LtdRetailing 3 0%0% -66.7% 1 -66.7% 40
25 Crizac LtdRetailing 1 0%0% 0% 1 0% 9
26 Matrimony.com Ltd.Retailing 2 -50%0% -100% -100%
Share:

What are retail stocks tracked by mutual funds in India?

Retail stocks include listed operators of supermarkets, fashion chains, footwear stores, and specialty retail formats across India. Avenue Supermarts operates the DMart chain of everyday value stores across Maharashtra, Gujarat, and other states. Trent runs the Westside and Zudio fashion formats and has been one of the fastest-growing retail chains in India. Vishal Mega Mart is a value-format hypermarket chain targeting tier 2 and tier 3 cities. Metro Brands and Bata India are leading footwear retailers with wide store networks. Vedant Fashions operates the Manyavar and Mohey ethnic wear brands. Campus Activewear is a leading sports and casual footwear brand. V-Mart Retail serves value-conscious shoppers in smaller towns.

Rising fund counts over four months signal growing institutional conviction in organised retail. Cross-reference individual fund portfolios on our top stocks page or explore full holdings via the funds directory.

Why are mutual funds increasing exposure to retail stocks in India?

India organised retail penetration remains low relative to most emerging markets and the shift from unorganised kirana stores to modern trade formats is a long-duration structural trend. Trent has delivered exceptional same-store sales growth through its Zudio value fashion format while expanding rapidly into new cities. Avenue Supermarts has built a highly efficient supply chain and low-cost operating model that has driven consistent earnings growth. Vishal Mega Mart listed recently and attracted institutional interest as a play on aspirational consumption in smaller cities. Metro Brands and Bata benefit from brand loyalty and the premiumisation trend in footwear.

For context on SEBI disclosure requirements, refer to AMFI India. For regulatory guidelines, visit SEBI India. Explore broader holding trends using our market cap categories page.

Are index funds and ETFs included in the retail stock fund counts?

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 actively building or reducing positions in India organised retail sector.

To explore individual fund portfolios, visit the funds directory or use the SIP calculator to plan investments in funds with high consumption sector exposure. For a broader market view, see our AAUM data page.

Disclaimer: RightAdvise is a data and research platform. Fund holding data is sourced from monthly portfolio disclosures published by mutual funds as required by SEBI. This page is for informational purposes only and does not constitute investment advice. Past holding trends do not guarantee future performance. Please consult a SEBI-registered investment adviser before making any investment decisions.