RIL and ITC Remain Top 10 Holdings for SBI Mutual Fund in October 2025

SBI Mutual Fund stayed the largest fund house in October 2025 with assets of ₹12.60 lakh crore. The fund house managed 125 schemes during the month. As per Motilal Oswal Financial Services reports, here are the top holdings that were positioned and how their weights shifted. 

Major Banking Allocations 

HDFC Bank continued as the biggest holding at 9.4%. Around 1.56 crore shares were sold in October, and the stock weight dropped by 0.2% from September. ICICI Bank held a 5.4% allocation, with its weight falling by 0.5%. Kotak Mahindra Bank had a 2.8% share of the portfolio. Around 15,000 shares were sold, with no change in its weight. 

RIL and Other Large Conglomerates 

Reliance Industries (RIL) accounted for 5.9% of the portfolio. Roughly 4.89 lakh shares were sold, but the stock’s weight still rose by 0.2%, likely due to price movements. ITC held a 2% allocation in October, and its weight remained unchanged during the month. 

Telecom and PSU Banking Exposure 

Bharti Airtel had a 3.2% allocation. The fund house added 3.16 lakh shares, leading to a 0.1% increase in weight. State Bank of India (SBI) also stood at 3.2%. Despite selling 16.58 lakh shares, the stock’s weight rose by 0.1% from the previous month. 

Technology and Engineering Holdings 

Infosys carried a 3% allocation with no change in weight in October. Larsen & Toubro (L&T) held 2.9% of the portfolio. Around 84,000 shares were sold, though the weight increased slightly by 0.1%. 

Additional Financial Exposure 

Axis Bank had a 2.23% allocation. The fund house added 15.50 lakh shares, raising its weight by 0.1%. 

Read More: JioBlackRock Mutual Fund October Portfolio: HDFC Bank, RIL, ITC in Top Holdings! 

Conclusion 

October’s data shows small adjustments in quantities across several stocks, with most weight changes driven by market movement rather than major shifts in positioning. The fund house maintained broad exposure across banking, telecom, engineering, and large conglomerates. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/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 the related documents carefully before investing.