Mirae Asset Mutual Fund Top Holdings in May 2026: HDFC Bank, ICICI Bank, RIL and Others

Mirae Asset Mutual Fund, with an AUM of ₹2.31 lakh crore as of May 2026, has disclosed its key stock holdings.  

Top investments include HDFC Bank, ICICI Bank, RIL, SBI, and Infosys, reflecting strategic allocations in diverse sectors, as per the Motilal Oswal Financial Services report. 

Mirae Asset Mutual Fund’s Stock Holdings in May 2026 

Mirae Asset Mutual Fund had significant allocations in various stocks during May 2026. HDFC Bank held the highest allocation at 6.3%, even though it experienced a 0.2% decrease from the previous month. ICICI Bank remained at 4.6%, with the allocation unchanged. 

Reliance Industries accounted for 3.1% of the portfolio, despite a 0.2% reduction in its weight. Both Bharti Airtel and Axis Bank each constituted 2.8% of the investments, with an increase of 0.1% in Bharti Airtel's weight, while Axis Bank's weight remained constant. 

SBI and Infosys Investment Dynamics 

The fund house's allocation included 2.6% in SBI and 2% in Infosys. Both stocks underwent a 0.1% decline in their weights.  

Moreover, Laurus Labs represented 1.8% of the allocation, witnessing an increase in weight by 0.3% despite the sale of approximately 2.78 lakh shares from the portfolio. 

Read More: Capitalmind Flexi Cap Fund Portfolio Update: Nestle India Among 11 Additions, SBI Among 15 Exits in May 2026! 

Other Key Holdings 

L&T and IndusInd Bank each represented 1.7% of the fund's investments. While the weight for L&T decreased by 0.1%, IndusInd Bank's proportion remained stable. These diversified allocations reflect the fund's strategy to balance investments across different industries. 

Conclusion 

As of May 2026, Mirae Asset Mutual Fund's portfolio showcased strategic allocations across major Indian sectors. Noteworthy holdings included 6.3% in HDFC Bank, 4.6% in ICICI Bank, 3.1% in RIL, along with varied investments in Bharti Airtel, Axis Bank, SBI, Infosys, Laurus Labs, L&T, and IndusInd Bank. 

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Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Mutual Fund investments are subject to market risks. Read all scheme-related documents carefully.