ANOMALY WEALTHMutual Fund Intelligence Data throughAug 2026 Trade Intelligence ↗

Insights · Nov 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 monthNov 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. Atul Limitedquant, Bandhan, Invesco 3 fund houses
  2. Aurobindo Pharma Limited360 ONE, PPFAS, Union 3 fund houses
  3. Indiamart Intermesh LimitedBandhan, DSP, HSBC 3 fund houses
  4. Indian Oil Corporation Limited360 ONE, PPFAS, Samco 3 fund houses
  5. Oracle Financial Services Software LimitedLIC, Invesco, 360 ONE 3 fund houses
  6. Steel Authority of India LimitedPPFAS, Union, LIC 3 fund houses
  7. Aarti Industries LimitedPPFAS, LIC 2 fund houses
  8. Aditya Birla Capital LimitedBajaj Finserv, Sundaram 2 fund houses
  9. Aditya Birla Fashion and Retail Limitedquant, DSP 2 fund houses
  10. Apar Industries LimitedInvesco, Sundaram 2 fund houses
  11. Arvind Fashions LimitedLIC, Tata 2 fund houses
  12. Balrampur Chini Mills LimitedPPFAS, Bajaj Finserv 2 fund houses
  13. Dalmia Bharat Limitedquant, Bajaj Finserv 2 fund houses
  14. Ethos LimitedInvesco, Bank of India 2 fund houses
  15. Glenmark Pharmaceuticals LimitedUnion, Bank of India 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
GE Vernova T&D India LimitedCapital Goods Mid Cap 417 ₹1,600 Cr ₹3.84 Cr — 7
VST Industries LimitedNot classified Small Cap 306 ₹410 Cr ₹1.34 Cr — 7
Procter & Gamble Hygiene and Health Care LimitedNot classified Mid Cap 284 ₹4,004 Cr ₹14.09 Cr — 14
G R Infraprojects LimitedNot classified Small Cap 275 ₹1,278 Cr ₹4.65 Cr — 8
TVS Holdings LimitedNot classified Small Cap 272 ₹939 Cr ₹3.45 Cr — 8
Grindwell Norton LimitedCapital Goods Small Cap 266 ₹2,389 Cr ₹8.98 Cr — 15
Hatsun Agro Product LimitedNot classified Small Cap 256 ₹2,247 Cr ₹8.79 Cr — 3
ICRA LimitedNot classified Small Cap 253 ₹754 Cr ₹2.98 Cr — 4
Esab India LimitedNot classified Small Cap 248 ₹1,124 Cr ₹4.53 Cr — 5
Relaxo Footwears LimitedConsumer Durables Small Cap 243 ₹1,918 Cr ₹7.90 Cr — 10
3M India LimitedDiversified Mid Cap 225 ₹2,099 Cr ₹9.35 Cr — 15
Vesuvius India LimitedNot classified Small Cap 207 ₹857 Cr ₹4.13 Cr — 3
Sheela Foam LimitedConsumer Durables Small Cap 202 ₹2,124 Cr ₹10.53 Cr — 8
ZF Commercial Vehicle Control Systems India LimitedAutomobile and Auto Components Small Cap 198 ₹3,310 Cr ₹16.72 Cr — 11
Shoppers Stop LimitedNot classified Small Cap 193 ₹981 Cr ₹5.07 Cr — 7
TTK Prestige LimitedNot classified Small Cap 170 ₹1,159 Cr ₹6.82 Cr — 5
V-Guard Industries LimitedConsumer Durables Small Cap 167 ₹1,326 Cr ₹7.95 Cr — 4
Ratnamani Metals & Tubes LimitedCapital Goods Small Cap 160 ₹2,473 Cr ₹15.44 Cr — 11
Chalet Hotels LimitedConsumer Services Small Cap 160 ₹1,651 Cr ₹10.32 Cr — 7
Kirloskar Pneumatic Company LimitedCapital Goods Small Cap 158 ₹888 Cr ₹5.63 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 →