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 Jul 2026 · Index funds and ETFs excluded
| # | Stock Name | Apr | May % | Jun % | Jul % | Jul 2026 Funds | Overall % | AUM (₹ Cr) |
|---|---|---|---|---|---|---|---|---|
| 1 | Trent LimitedRetailing | 127 | +3.9% | +3% | -11% | 121 | -4.7% | 12,409 |
| 2 | FSN E-Commerce Ventures LimitedRetailing | 104 | +2.9% | +6.5% | -2.6% | 111 | +6.7% | 13,982 |
| 3 | Vishal Mega Mart LimitedRetailing | 127 | +0.8% | -5.5% | -10.7% | 108 | -15% | 14,805 |
| 4 | Lenskart Solutions LimitedRetailing | 54 | +57.4% | +10.6% | +8.5% | 102 | +88.9% | 12,425 |
| 5 | Avenue Supermarts LimitedRetailing | 91 | 0% | 0% | -18.7% | 74 | -18.7% | 11,776 |
| 6 | Safari Industries India LtdConsumer Durables | 55 | -3.6% | -11.3% | -4.3% | 45 | -18.2% | 1,324 |
| 7 | Metro Brands LimitedConsumer Durables | 38 | 0% | -2.6% | -10.8% | 33 | -13.2% | 1,816 |
| 8 | Urban Company Ltd.Retailing | 28 | +7.1% | 0% | -6.7% | 28 | 0% | 1,848 |
| 9 | Vedant Fashions LimitedRetailing | 25 | -4% | -8.3% | 0% | 22 | -12% | 1,025 |
| 10 | Aditya Vision LtdRetailing | 20 | +15% | 0% | -8.7% | 21 | +5% | 1,436 |
| 11 | V-Mart Retail LimitedRetailing | 26 | -11.5% | -13% | 0% | 20 | -23.1% | 1,716 |
| 12 | MedPlus Health Services LimitedRetailing | 22 | -22.7% | +5.9% | 0% | 18 | -18.2% | 1,694 |
| 13 | Electronics Mart India LimitedRetailing | 17 | -5.9% | 0% | 0% | 16 | -5.9% | 889 |
| 14 | Brainbees Solutions LtdRetailing | 20 | -10% | -11.1% | -12.5% | 14 | -30% | 1,254 |
| 15 | Campus Activewear LimitedConsumer Durables | 13 | +23.1% | -18.8% | -15.4% | 11 | -15.4% | 490 |
| 16 | Bata India LimitedConsumer Durables | 14 | -7.1% | 0% | -23.1% | 10 | -28.6% | 1,188 |
| 17 | Aditya Birla Fashion and Retail LimitedRetailing | 11 | 0% | +9.1% | -25% | 9 | -18.2% | 329 |
| 18 | Entero Healthcare Solutions LtdRetailing | 2 | +200% | +16.7% | 0% | 7 | +250% | 155 |
| 19 | Go Fashion (India) LimitedRetailing | 9 | -22.2% | 0% | 0% | 7 | -22.2% | 320 |
| 20 | Shoppers Stop Ltd.Retailing | 9 | -11.1% | 0% | -12.5% | 7 | -22.2% | 939 |
| 21 | VIP Industries LimitedConsumer Durables | 10 | -30% | 0% | 0% | 7 | -30% | 602 |
| 22 | Red Tape LtdConsumer Durables | 6 | 0% | 0% | 0% | 6 | 0% | 815 |
| 23 | Relaxo Footwears LimitedConsumer Durables | 7 | -14.3% | 0% | -16.7% | 5 | -28.6% | 873 |
| 24 | Baazar Style Retail LtdRetailing | 3 | 0% | 0% | 0% | 3 | 0% | 91 |
| 25 | Crizac LtdRetailing | 2 | -50% | 0% | 0% | 1 | -50% | 11 |
| 26 | Matrimony.com Ltd.Retailing | 2 | 0% | -50% | 0% | 1 | -50% | 5 |
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.
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.
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.