ANOMALY WEALTHMutual Fund Intelligence Data throughAug 2026 Trade Intelligence ↗

Insights · May 2024

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 monthMay 2024NSE 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. Berger Paints (I) LimitedInvesco, Tata, Union, Bajaj Finserv 4 fund houses
  2. ICICI Prudential Life Insurance Company LimitedInvesco, 360 ONE, Union 3 fund houses
  3. Bank of MaharashtraBank of India, Samco 2 fund houses
  4. Dixon Technologies (India) LimitedSamco, PPFAS 2 fund houses
  5. Escorts Kubota LimitedUnion, Invesco 2 fund houses
  6. Hindustan Aeronautics LimitedHelios, PPFAS 2 fund houses
  7. Hindustan Petroleum Corporation Limited360 ONE, Bajaj Finserv 2 fund houses
  8. Housing & Urban Development Corporation LimitedBank of India, Samco 2 fund houses
  9. IDFC LIMITEDBajaj Finserv, LIC 2 fund houses
  10. Indian Railway Finance Corporation Limitedquant, Samco 2 fund houses
  11. Netweb Technologies India LimitedUnion, Bank of India 2 fund houses
  12. SKF India LimitedBank of India, Samco 2 fund houses
  13. Techno Electric & Engineering Company Limitedquant, Samco 2 fund houses
  14. United Breweries LimitedInvesco, quant 2 fund houses
  15. Voltas LimitedSamco, PPFAS 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. 3M India LimitedDiversified 3 fund houses
  2. Astral LimitedCapital Goods 3 fund houses
  3. Sun TV Network LimitedMedia Entertainment & Publication 3 fund houses
  4. Asian Paints LimitedConsumer Durables 3 fund houses
  5. ACC LimitedConstruction Materials 2 fund houses
  6. AU Small Finance Bank LimitedFinancial Services 2 fund houses
  7. Adani Enterprises LimitedMetals & Mining 2 fund houses
  8. Bayer Cropscience LimitedChemicals 2 fund houses
  9. Bosch LimitedAutomobile and Auto Components 2 fund houses
  10. CREDITACCESS GRAMEEN LIMITEDFinancial Services 2 fund houses
  11. City Union Bank LimitedFinancial Services 2 fund houses
  12. Dalmia Bharat LimitedConstruction Materials 2 fund houses
  13. Devyani International LimitedConsumer Services 2 fund houses
  14. Lodha Developers LimitedRealty 2 fund houses
  15. MphasiS LimitedInformation Technology 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 257 ₹3,272 Cr ₹12.73 Cr — 7
Procter & Gamble Hygiene and Health Care LimitedNot classified Mid Cap 247 ₹3,352 Cr ₹13.59 Cr — 7
Relaxo Footwears LimitedConsumer Durables Small Cap 244 ₹1,815 Cr ₹7.44 Cr — 6
ICRA LimitedNot classified Small Cap 243 ₹719 Cr ₹2.96 Cr — 4
Aether Industries LimitedChemicals Small Cap 205 ₹1,117 Cr ₹5.44 Cr — 5
ZF Commercial Vehicle Control Systems India LimitedAutomobile and Auto Components Small Cap 189 ₹3,868 Cr ₹20.44 Cr — 13
Esab India LimitedNot classified Small Cap 184 ₹820 Cr ₹4.47 Cr — 3
Chemplast Sanmar LimitedNot classified Small Cap 169 ₹1,196 Cr ₹7.08 Cr — 5
Grindwell Norton LimitedCapital Goods Small Cap 149 ₹3,310 Cr ₹22.17 Cr — 13
Cholamandalam Financial Holdings LimitedFinancial Services Mid Cap 144 ₹1,910 Cr ₹13.28 Cr — 11
Carborundum Universal LimitedCapital Goods Small Cap 142 ₹4,741 Cr ₹33.44 Cr — 13
Ahluwalia Contracts (India) LimitedConstruction Small Cap 140 ₹1,430 Cr ₹10.24 Cr — 8
Bajaj Holdings & Investment LimitedFinancial Services Large Cap 139 ₹4,410 Cr ₹31.73 Cr — 11
JSW Dulux LimitedConsumer Durables Small Cap 134 ₹445 Cr ₹3.32 Cr — 5
TTK Prestige LimitedNot classified Small Cap 133 ₹802 Cr ₹6.01 Cr — 3
CCL Products (India) LimitedFast Moving Consumer Goods Small Cap 133 ₹1,238 Cr ₹9.34 Cr — 12
Keystone Realtors LimitedNot classified Small Cap 130 ₹663 Cr ₹5.09 Cr — 4
Whirlpool of India LimitedConsumer Durables Small Cap 130 ₹3,777 Cr ₹29.13 Cr — 8
Sheela Foam LimitedConsumer Durables Small Cap 128 ₹1,161 Cr ₹9.05 Cr — 4
V-Mart Retail LimitedConsumer Services Small Cap 126 ₹715 Cr ₹5.68 Cr — 8

“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 →