ANOMALY WEALTHMutual Fund Intelligence Data throughAug 2026 Trade Intelligence ↗

Insights · Jul 2023

Crowding, liquidity and how actively funds trade

Where mutual funds own a large part of a company, where their holding would take many days of trading to sell, which companies fund houses newly moved into, and which funds trade the most and the least.

Data periodHoldings monthJul 2023NSE prices25 Sep 2026Size listAMFI, six months to Dec 2025Data status →

Fund houses moved in

Fund houses that held none last month and hold it now · only fund houses that disclosed both months

  1. Bandhan Bank Limitedquant, Bandhan, LIC 3 fund houses
  2. Jyothy Labs LimitedHSBC, Bandhan, Sundaram 3 fund houses
  3. Piramal Pharma LimitedFranklin Templeton, Tata, Bandhan 3 fund houses
  4. Apollo Tyres LimitedLIC, NJ 2 fund houses
  5. Astral LimitedHSBC, LIC 2 fund houses
  6. Avalon Technologies LimitedHSBC, LIC 2 fund houses
  7. BSE Limitedquant, Bandhan 2 fund houses
  8. Bayer Cropscience LimitedLIC, Tata 2 fund houses
  9. Berger Paints (I) LimitedInvesco, Tata 2 fund houses
  10. Bharat Heavy Electricals Limitedquant, LIC 2 fund houses
  11. Cohance Lifesciences LimitedAditya Birla Sun Life, Bandhan 2 fund houses
  12. Finolex Industries LimitedLIC, Sundaram 2 fund houses
  13. Firstsource Solutions LimitedSundaram, LIC 2 fund houses
  14. HDFC Life Insurance Company LimitedSamco, NJ 2 fund houses
  15. Home First Finance Company India LimitedTata, Bandhan 2 fund houses

Fund houses moved out

Fund houses that held it last month and none now · only fund houses that disclosed both months

  1. Housing Development Finance Corp.LtNot classified 15 fund houses
  2. Sun TV Network LimitedMedia Entertainment & Publication 4 fund houses
  3. Bata India LimitedConsumer Durables 4 fund houses
  4. Aditya Birla Capital LimitedFinancial Services 3 fund houses
  5. Intellect Design Arena LimitedInformation Technology 3 fund houses
  6. Balkrishna Industries LimitedAutomobile and Auto Components 2 fund houses
  7. GNA Axles LimitedNot classified 2 fund houses
  8. Granules India LimitedHealthcare 2 fund houses
  9. ICICI Prudential Life Insurance Company LimitedFinancial Services 2 fund houses
  10. National Aluminium Company LimitedMetals & Mining 2 fund houses
  11. Prestige Estates Projects LimitedRealty 2 fund houses
  12. Dr. Lal Path Labs Ltd.Healthcare 2 fund houses
  13. Glenmark Pharmaceuticals LimitedHealthcare 2 fund houses
  14. IPCA Laboratories LimitedHealthcare 2 fund houses
  15. Laurus Labs LimitedHealthcare 2 fund houses

Newly listed companies, merger months and bonus or split months are left out, so every entry is a fund house choosing to buy or sell out. Fund houses count once however many of their schemes hold the company.

Where mutual funds own the most

Estimated share of the company’s shares held by all funds disclosed · held by 5+ fund houses

CompanySectorSizeOwned by fundsBought or sold, same schemesFund housesDays of trading

When funds own a large part of a company, their buying and selling can move its price, and many of them may want to sell at the same time. The share is an estimate: company shares come from AMFI’s six-month average NSE market value divided by the average NSE price, adjusted for later bonuses and splits. It counts the fund houses that disclosed that month, so it rises when more of them disclose; the change column counts only schemes that disclosed in both months.

Hardest to exit

Value funds hold ÷ the company’s average NSE traded value per day, over three months · held by 3+ fund houses

CompanySizeDays of tradingFunds holdTraded a day (NSE)Owned by fundsFund houses
Hatsun Agro Product LimitedNot classified Small Cap 389 ₹1,901 Cr ₹4.89 Cr — 4
ICRA LimitedNot classified Small Cap 331 ₹853 Cr ₹2.58 Cr — 4
ZF Commercial Vehicle Control Systems India LimitedAutomobile and Auto Components Small Cap 304 ₹2,728 Cr ₹8.98 Cr — 10
Procter & Gamble Hygiene and Health Care LimitedNot classified Mid Cap 291 ₹3,533 Cr ₹12.12 Cr — 11
G R Infraprojects LimitedNot classified Small Cap 277 ₹1,417 Cr ₹5.12 Cr — 7
Kennametal India LimitedNot classified Small Cap 275 ₹758 Cr ₹2.76 Cr — 6
VST Industries LimitedNot classified Small Cap 261 ₹455 Cr ₹1.74 Cr — 8
Esab India LimitedNot classified Small Cap 261 ₹920 Cr ₹3.53 Cr — 5
Kirloskar Pneumatic Company LimitedCapital Goods Small Cap 258 ₹919 Cr ₹3.57 Cr — 7
Grindwell Norton LimitedCapital Goods Small Cap 233 ₹2,060 Cr ₹8.82 Cr — 12
GE Vernova T&D India LimitedCapital Goods Mid Cap 223 ₹974 Cr ₹4.36 Cr — 4
Carborundum Universal LimitedCapital Goods Small Cap 216 ₹4,126 Cr ₹19.07 Cr — 12
Relaxo Footwears LimitedConsumer Durables Small Cap 185 ₹1,737 Cr ₹9.36 Cr — 8
Shoppers Stop LimitedNot classified Small Cap 169 ₹1,209 Cr ₹7.14 Cr — 7
V-Guard Industries LimitedConsumer Durables Small Cap 167 ₹1,272 Cr ₹7.63 Cr — 4
Ratnamani Metals & Tubes LimitedCapital Goods Small Cap 155 ₹1,757 Cr ₹11.33 Cr — 9
WESTLIFE FOODWORLD LIMITEDConsumer Services Small Cap 153 ₹2,368 Cr ₹15.47 Cr — 11
Honda India Power Products LimitedNot classified Small Cap 152 ₹321 Cr ₹2.11 Cr — 3
Cholamandalam Financial Holdings LimitedFinancial Services Mid Cap 151 ₹2,208 Cr ₹14.61 Cr — 9
Pfizer LimitedHealthcare Small Cap 151 ₹1,173 Cr ₹7.78 Cr — 9

“Days of trading” is how many average days of all NSE trading in the stock the funds’ holding equals. Selling it without moving the price would take several times longer, since funds are only part of each day’s trading. BSE trading is not counted, so true liquidity is somewhat higher.

How actively funds trade

Twelve-month turnover of each active equity fund’s disclosed Indian shares: the lesser of what it bought and sold, divided by its average equity — SEBI’s definition, estimated from month-end disclosures.

Fund houses, most active first

Value-weighted across each fund house’s active funds with a 12-month figure

Fund house12-month turnoverFunds countedTheir disclosed equity
Bajaj Finserv Mutual Fund105.2% 11₹18,228 Cr
NJ Mutual Fund92.7% 3₹6,106 Cr
Union Mutual Fund87.6% 16₹14,790 Cr
LIC Mutual Fund84.5% 21₹14,798 Cr
360 ONE Mutual Fund67.3% 5₹9,936 Cr
HSBC Mutual Fund66.1% 18₹93,205 Cr
Bandhan Mutual Fund65.5% 19₹94,245 Cr
Bank of India Mutual Fund65.5% 11₹7,106 Cr
Sundaram Mutual Fund52.9% 20₹55,279 Cr
PGIM India Mutual Fund43.9% 13₹22,011 Cr
Motilal Oswal Mutual Fund43.5% 14₹82,265 Cr
Axis Mutual Fund42.6% 12₹1.04 lakh Cr
Invesco Mutual Fund42.3% 12₹34,685 Cr
SBI Mutual Fund36.0% 30₹2.83 lakh Cr
DSP Mutual Fund35.5% 17₹1.11 lakh Cr
Tata Mutual Fund34.0% 20₹68,544 Cr
UTI Mutual Fund33.9% 26₹1.09 lakh Cr
Aditya Birla Sun Life Mutual Fund33.2% 23₹93,433 Cr
Helios Mutual Fund31.7% 6₹14,309 Cr
Nippon India Mutual Fund30.2% 15₹2.51 lakh Cr
Canara Robeco Mutual Fund28.7% 15₹1.07 lakh Cr
Abakkus Mutual Fund11.9% 1₹6,939 Cr
PPFAS Mutual Fund7.8% 4₹1.09 lakh Cr

Index funds, ETFs, arbitrage funds and fund of funds are left out of these lists (by name). Month-end snapshots miss buying and selling within a month, so real turnover is higher; these figures compare funds on the same basis. Fund houses with only a few months of disclosures here have no 12-month figure. Method →