SBI Mutual Fund, India’s largest fund house by AUM, managed ₹12.05 lakh crore across 126 schemes as of September 2025. Its portfolio reflects a mix of banking, IT, FMCG, and telecom stocks, with ITC and Infosys among key holdings.
HDFC Bank remained the fund house’s top stock, comprising 9.6% of total equity holdings, despite a 0.3% reduction in weight from August. ICICI Bank held a 5.9% weight, also showing a slight 0.3% decline. RIL followed closely with a 5.6% allocation, showing stability with no month-on-month change.
Infosys accounted for 3% of the portfolio in September 2025, dropping slightly by 0.1%. Meanwhile, FMCG major ITC held a 2% weight, also witnessing a 0.1% reduction from the previous month. Despite the marginal fall, these stocks retained their place among the top 10 holdings, highlighting their long-term importance to the fund strategy.
Bharti Airtel and SBI were each allocated 3.1%. While Bharti Airtel’s weight remained unchanged, SBI’s weight increased by 0.2%, following the addition of approximately 6.28 lakh shares to the portfolio. Kotak Mahindra Bank and L&T were steady at 2.7% each, showing no weight change over August. Axis Bank was assigned a 2.2% allocation with stable valuation month-on-month.
Read More:Mutual Funds Increase Cash Allocation by ₹1,139 Crore in September, Reaching ₹1.99 Lakh Crore!
SBI Mutual Fund’s September 2025 holdings reflect a strong inclination towards the banking sector, supported by IT and FMCG. While most top stock weights remained stable, slight adjustments in stocks like HDFC Bank, ICICI Bank, Infosys, and ITC indicate tactical portfolio realignments by the fund house.
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.
Investments in securities are subject to market risks. Read all related documents carefully before investing.
Published on: Oct 17, 2025, 4:10 PM IST
Team Angel One
We're Live on WhatsApp! Join our channel for market insights & updates
Get the link to download the App
