ANOMALY WEALTHMutual Fund Intelligence Data throughAug 2026 Trade Intelligence ↗

Insights · Sep 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 monthSep 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. Dr. Lal Path Labs Ltd.Tata, Invesco, Bandhan, NJ +1 5 fund houses
  2. Jupiter Life Line Hospitals LimitedAditya Birla Sun Life, Nippon India, DSP, Motilal Oswal +1 5 fund houses
  3. Gillette India LimitedHSBC, Tata, Nippon India, Motilal Oswal 4 fund houses
  4. Indiamart Intermesh LimitedBajaj Finserv, Aditya Birla Sun Life, Bandhan, HSBC 4 fund houses
  5. REC LimitedBank of India, Union, Samco, HSBC 4 fund houses
  6. GE Vernova T&D India LimitedBajaj Finserv, Aditya Birla Sun Life, Motilal Oswal 3 fund houses
  7. PG Electroplast LimitedNippon India, Tata, Bank of India 3 fund houses
  8. Petronet LNG LimitedSundaram, HSBC, LIC 3 fund houses
  9. Dixon Technologies (India) LimitedBajaj Finserv, NJ, Bank of India 3 fund houses
  10. Mahanagar Gas LimitedInvesco, NJ, Aditya Birla Sun Life 3 fund houses
  11. Allcargo Logistics LimitedNippon India, Motilal Oswal 2 fund houses
  12. Aurobindo Pharma LimitedBajaj Finserv, LIC 2 fund houses
  13. Bata India LimitedUnion, Bandhan 2 fund houses
  14. Central Depository Services (India) LimitedBank of India, Union 2 fund houses
  15. Computer Age Management Services LimitedInvesco, Bajaj Finserv 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. FSN E-Commerce Ventures LimitedConsumer Services 4 fund houses
  2. HDFC Asset Management Company LimitedFinancial Services 3 fund houses
  3. BASF India LimitedNot classified 2 fund houses
  4. Cummins India LimitedCapital Goods 2 fund houses
  5. Fine Organic Industries LimitedNot classified 2 fund houses
  6. Gateway Distriparks LimitedNot classified 2 fund houses
  7. Jio Financial Services LimitedFinancial Services 2 fund houses
  8. Keystone Realtors LimitedNot classified 2 fund houses
  9. Natco Pharma LimitedHealthcare 2 fund houses
  10. Jyothy Labs LimitedFast Moving Consumer Goods 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
Ratnamani Metals & Tubes LimitedCapital Goods Small Cap 201 ₹1,491 Cr ₹7.41 Cr — 9
Kirloskar Pneumatic Company LimitedCapital Goods Small Cap 164 ₹979 Cr ₹5.97 Cr — 8
TVS Holdings LimitedNot classified Small Cap 143 ₹660 Cr ₹4.62 Cr — 7
Honeywell Automation India LimitedCapital Goods Small Cap 142 ₹2,196 Cr ₹15.42 Cr — 12
ICRA LimitedNot classified Small Cap 128 ₹764 Cr ₹5.98 Cr — 4
Bajaj Holdings & Investment LimitedFinancial Services Large Cap 126 ₹3,469 Cr ₹27.57 Cr — 9
Kennametal India LimitedNot classified Small Cap 125 ₹636 Cr ₹5.09 Cr — 5
3M India LimitedDiversified Mid Cap 121 ₹1,480 Cr ₹12.22 Cr — 10
Sanofi India LimitedNot classified Small Cap 116 ₹1,123 Cr ₹9.72 Cr — 7
GE Vernova T&D India LimitedCapital Goods Mid Cap 113 ₹654 Cr ₹5.76 Cr — 6
Brigade Enterprises LimitedRealty Small Cap 111 ₹1,320 Cr ₹11.84 Cr — 9
Pfizer LimitedHealthcare Small Cap 111 ₹1,173 Cr ₹10.53 Cr — 8
Cholamandalam Financial Holdings LimitedFinancial Services Mid Cap 106 ₹2,532 Cr ₹23.79 Cr — 10
Sundram Fasteners LimitedNot classified Small Cap 100 ₹1,183 Cr ₹11.83 Cr — 11
Techno Electric & Engineering Company LimitedConstruction Small Cap 99 ₹734 Cr ₹7.39 Cr — 5
UTI Asset Management Company LimitedFinancial Services Small Cap 99 ₹1,370 Cr ₹13.87 Cr — 7
Prudent Corporate Advisory Services LimitedFinancial Services Small Cap 96 ₹610 Cr ₹6.32 Cr — 6
Bayer Cropscience LimitedChemicals Small Cap 95 ₹1,291 Cr ₹13.64 Cr — 7
Century Plyboards (India) LimitedConsumer Durables Small Cap 90 ₹861 Cr ₹9.55 Cr — 8
Ahluwalia Contracts (India) LimitedConstruction Small Cap 90 ₹479 Cr ₹5.35 Cr — 6

“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 →