RIL, TCS, ITC Among Mirae Asset Mutual Fund’s Top 10 Holdings in October

Mirae Asset Mutual Fund, managing assets worth ₹2.27 lakh crore across 86 funds as of October 31, 2025, released its top equity holdings. Key diversified large-cap stocks such as RIL, TCS, and ITC made it to the fund house's top 10 list for the month. 

Top Allocations in October: Banking Sector Leads 

HDFC Bank remained the highest allocation at 7.2% in October, despite selling nearly 9.49 lakh shares, which caused a 0.1% drop in weight. ICICI Bank held a 4.6% allocation, maintaining its previous month’s weight. Axis Bank’s allocation stood at 3.2%, increasing by 0.1% due to additional investment. 

ITC, Infosys, and RIL Secure Strong Holdings 

ITC and Infosys each had a 3.1% allocation in the October portfolio. While ITC's weight remained steady, Infosys saw a marginal drop of 0.1%. RIL was held at a 2.7% allocation, with its weight increasing by 0.1%, marking a notable shift in holding emphasis. 

Read More: India’s Mutual Fund Assets Cross ₹70.9 Lakh Crore in October, Driven by Record Retail Participation! 

TCS, L&T, and Bharti Airtel Register Upward Movement 

TCS and L&T recorded a 2.3% allocation each. Mirae Asset added 8.73 lakh TCS shares, lifting its weight by 0.2%, while 14,000 L&T shares were added, pushing its weight up by 0.1%. Bharti Airtel’s 2.2% allocation also saw a 0.1% increase over the previous month. 

Allocation in SBI Maintains Stability 

SBI was retained at a 2.7% allocation, with no change in weight from the previous month. Its consistent presence in the portfolio signals a continued preference for stable banking stocks. 

Conclusion 

Mirae Asset Mutual Fund’s October portfolio reflects a distinct concentration in large-cap banking and technology stocks. Adjustments in weights across names like TCS, RIL, and Infosys indicate dynamic rebalancing while retaining diversified exposure to key sectors. 

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.