During the March 2026 quarter, mutual funds increased their stake in several prominent stocks, showcasing a strategic move towards bolstering their portfolios by targeting key industry players. This shift indicates growing confidence in these companies' long-term potential.
HDFC Bank Ltd, one of India's largest private sector banks, observed a significant increase in mutual fund holdings from 26.66% to 29.54%.
The number of schemes also rose from 734 to 763, demonstrating enhanced interest in the bank's consistent growth and asset quality.
With a market capitalisation of ₹12,47,632 crore, shares closed at ₹810 per share, marking a rise of 1.66%.
Eternal Ltd experienced a rise in mutual fund holdings from 26.72% to 28.91%, reflecting solid institutional backing.
Despite a slight decline in schemes from 47 to 45, the overall exposure suggests a positive sentiment towards Eternal's strategic expansion.
Its market capitalisation stands at ₹2,32,091 crore, with shares closing at ₹240 per share, a 1.09% increase.
Read More: Direct Mutual Fund Plans Outpace Regular Schemes in FY26 Folio Growth!
Mutual fund holdings in Chennai Petroleum Corporation Ltd increased from 0.66% to 1.58% in Q4, with the number of schemes growing from 20 to 24.
The shift indicates rising confidence among fund managers.
However, shares closed slightly lower at ₹975 per share, a decrease of 0.83%, with a market capitalisation of ₹14,519 crore.
Mutual fund interest in Canara Bank Ltd grew from 4.37% to 5.01%, with schemes increasing from 34 to 37.
This reflects a steady rise in confidence as the bank's market capitalisation reaches ₹1,27,307 crore. The shares concluded at ₹140 per share, up by 1.78% from the previous closing price.
Finolex Industries Ltd saw an increase in mutual fund holdings from 10.78% to 11.36%.
Although the number of schemes dropped from 20 to 14, the upsurge in positions indicates a strong conviction in the company's offerings.
The market capitalisation stands at ₹10,194 crore, with shares closing at ₹164 per share, a rise of 1.42%.
Q4 FY26 saw substantial mutual fund activity across several top stocks, with institutions showing increased confidence in banking, refining, and manufacturing sectors. These developments suggest that mutual funds are strategically aligning their portfolios to capture investment opportunities.
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.
Published on: Apr 13, 2026, 11:17 AM IST
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