Mutual Funds Holding Grasim Industries Limited

Materials98 fundsISIN INE047A01021

As of 31 July 2026, 98 Indian mutual funds hold Grasim Industries Limited (Materials), led by ICICI Prudential Conglomerate Fund at 4.67% of its net assets, per the AMCs' SEBI-mandated monthly disclosures.

As of 31 July 2026, 98 Indian mutual fund schemes disclose a holding in Grasim Industries Limited (Materials). The table below lists every fund holding this stock along with its weight as a percentage of the fund's net assets (% to NAV), sorted from the highest conviction position downward.

Holding Analysis

Across the 98 funds holding Grasim Industries Limited, the average position size is 1.11% of net assets. The highest-conviction holder is ICICI Prudential Conglomerate Fund (Thematic), at 4.67%. Hybrid funds account for 48 of the 98 holders, with the rest spread across 2 other categories. Over the last month, 4 funds initiated a new position and 11 funds exited, with the largest weight change at ICICI Prudential Equity Minimum Variance Fund (-1.74pp to 1.81%).

Fund Activity Last Month

How funds changed their Grasim Industries Limited position between their two latest monthly disclosures. Weights are % to NAV; weight moves can also reflect price changes, not only buying or selling.

4 started a position11 exited4 increased8 reduced

New Positions

Samco Large Cap Fund at 1.82%
JioBlackRock Arbitrage Fund at 0.36%
ICICI Prudential Large & Mid Cap Fund at 0.34%
Kotak Rural Opportunities Fund at 0.29%

Complete Exits

Helios Arbitrage Fund was 3.5%
LIC MF INFRASTRUCTURE FUND was 2.04%
Groww Arbitrage Fund was 1.42%
LIC MF LARGE CAP FUND was 1.23%
LIC MF VALUE FUND was 1.15%
LIC MF AGGRESSIVE HYBRID FUND was 1.07%
Axis Momentum Fund was 0.56%
WhiteOak Capital Equity Savings Fund was 0.37%
Samco Dynamic Asset Allocation Fund was 0.29%
TRUSTMF Arbitrage Fund was 0.27%
HSBC Arbitrage Fund was 0.02%

Weight Increased

Fund	Weight	Change
Kotak Quant Fund	2.22% → 2.95%	▲ +0.73
CANARA ROBECO VALUE FUND	0.69% → 1.25%	▲ +0.56
PGIM INDIA ARBITRAGE FUND	1.81% → 2.05%	▲ +0.24
NIPPON INDIA EQUITY SAVINGS FUND	2.97% → 3.09%	▲ +0.12

Weight Reduced

Fund	Weight	Change
ICICI Prudential Equity Minimum Variance Fund	3.55% → 1.81%	▼ -1.74
ICICI PRUDENTIAL HOUSING OPPORTUNITIES FUND	1.56% → 0.78%	▼ -0.78
ICICI Prudential Conglomerate Fund	5.31% → 4.67%	▼ -0.64
Mahindra Manulife Manufacturing Fund	2.23% → 1.62%	▼ -0.61
Taurus Flexi Cap Fund	1.47% → 0.88%	▼ -0.59
HDFC Arbitrage Fund	2.08% → 1.7%	▼ -0.38
SBI Arbitrage Opportunities Fund	0.59% → 0.27%	▼ -0.32
UTI - Equity Savings Fund	1.07% → 0.94%	▼ -0.13

Funds Holding Grasim Industries Limited

#	Fund	AMC	Category	% to NAV
1	ICICI Prudential Conglomerate Fund	ICICI Prudential Mutual Fund	Thematic	4.67%
2	Mahindra Manulife Focused Fund	Mahindra Manulife Mutual Fund	Equity	4.31%
3	Aditya Birla Sun Life Conglomerate Fund	Aditya Birla Sun Life Mutual Fund	Thematic	3.75%
4	Aditya Birla Sun Life Quant Fund	Aditya Birla Sun Life Mutual Fund	Equity	3.72%
5	Bajaj Finserv Large Cap Fund	Bajaj Finserv Mutual Fund	Equity	3.61%
6	Taurus Infrastructure Fund	Taurus Mutual Fund	Thematic	3.55%
7	Mahindra Manulife Business Cycle Fund	Mahindra Manulife Mutual Fund	Thematic	3.13%
8	NIPPON INDIA EQUITY SAVINGS FUND	Nippon India Mutual Fund	Hybrid	3.09%
9	Kotak Quant Fund	Kotak Mahindra Mutual Fund	Equity	2.95%
10	Axis Business Cycles Fund	Axis Mutual Fund	Thematic	2.64%
11	Invesco India Manufacturing Fund	Invesco Mutual Fund	Thematic	2.45%
12	PGIM INDIA ARBITRAGE FUND	PGIM India Mutual Fund	Hybrid	2.05%
13	Mahindra Manulife Value Fund	Mahindra Manulife Mutual Fund	Equity	1.89%
14	Taurus Large Cap Fund	Taurus Mutual Fund	Equity	1.88%
15	Aditya Birla Sun Life Value Fund	Aditya Birla Sun Life Mutual Fund	Equity	1.83%
16	Samco Large Cap Fund	Samco Mutual Fund	Equity	1.82%
17	ICICI Prudential Equity Minimum Variance Fund	ICICI Prudential Mutual Fund	Equity	1.81%
18	LIC MF DIVIDEND YIELD FUND	LIC Mutual Fund	Equity	1.73%
19	UTI Large & Mid Cap Fund	UTI Mutual Fund	Equity	1.72%
20	HDFC Arbitrage Fund	HDFC Mutual Fund	Hybrid	1.7%
21	Taurus Elss Tax Saver Fund	Taurus Mutual Fund	Equity	1.69%
22	Mahindra Manulife Manufacturing Fund	Mahindra Manulife Mutual Fund	Thematic	1.62%
23	Sundaram Value Fund	Sundaram Mutual Fund	Equity	1.55%
24	Aditya Birla Sun Life Flexi Cap Fund	Aditya Birla Sun Life Mutual Fund	Equity	1.54%
25	NIPPON INDIA ARBITRAGE FUND	Nippon India Mutual Fund	Hybrid	1.53%
26	TATA RESOURCES & ENERGY FUND	Tata Mutual Fund	Thematic	1.53%
27	LIC MF MULTI CAP FUND	LIC Mutual Fund	Equity	1.48%
28	Franklin India ELSS Tax Saver Fund	Franklin Templeton Mutual Fund	Equity	1.44%
29	Franklin India Flexi Cap Fund	Franklin Templeton Mutual Fund	Equity	1.44%
30	Templeton India Value Fund	Franklin Templeton Mutual Fund	Equity	1.39%
31	Motilal Oswal Large Cap Fund	Motilal Oswal Mutual Fund	Equity	1.36%
32	Motilal Oswal Arbitrage Fund	Motilal Oswal Mutual Fund	Hybrid	1.35%
33	PGIM INDIA MULTI ASSET ALLOCATION FUND	PGIM India Mutual Fund	Hybrid	1.33%
34	CANARA ROBECO VALUE FUND	Canara Robeco Mutual Fund	Equity	1.25%
35	Groww ELSS Tax Saver Fund	Groww Mutual Fund	Equity	1.18%
36	UTI Aggressive Hybrid Fund	UTI Mutual Fund	Hybrid	1.15%
37	Baroda BNP Paribas Multi Asset Fund	Baroda BNP Paribas Mutual Fund	Hybrid	1.14%
38	HSBC Equity Savings Fund	HSBC Mutual Fund	Hybrid	1.14%
39	Old Bridge Arbitrage Fund	Old Bridge Mutual Fund	Hybrid	1.08%
40	LIC MF MULTI ASSET ALLOCATION FUND	LIC Mutual Fund	Hybrid	1.07%
41	ICICI Prudential Multicap Fund	ICICI Prudential Mutual Fund	Equity	1.06%
42	Mahindra Manulife Large Cap Fund	Mahindra Manulife Mutual Fund	Equity	1.02%
43	LIC MF ELSS TAX SAVER	LIC Mutual Fund	Equity	0.99%
44	Mahindra Manulife Flexi Cap Fund	Mahindra Manulife Mutual Fund	Equity	0.99%
45	Aditya Birla Sun Life Arbitrage Fund	Aditya Birla Sun Life Mutual Fund	Hybrid	0.96%
46	Axis Arbitrage Fund	Axis Mutual Fund	Hybrid	0.95%
47	NJ Arbitrage Fund	NJ Mutual Fund	Hybrid	0.95%
48	SBI Equity Minimum Variance Fund	SBI Mutual Fund	Equity	0.95%
49	UTI - Equity Savings Fund	UTI Mutual Fund	Hybrid	0.94%
50	Invesco India Elss Tax Saver Fund	Invesco Mutual Fund	Equity	0.9%
51	SBI MultiCap Fund	SBI Mutual Fund	Equity	0.9%
52	Taurus Flexi Cap Fund	Taurus Mutual Fund	Equity	0.88%
53	Parag Parikh Large Cap Fund	PPFAS Mutual Fund	Equity	0.85%
54	NIPPON INDIA VALUE FUND	Nippon India Mutual Fund	Equity	0.81%
55	Aditya Birla Sun Life Special Opportunities Fund	Aditya Birla Sun Life Mutual Fund	Thematic	0.8%
56	ICICI PRUDENTIAL HOUSING OPPORTUNITIES FUND	ICICI Prudential Mutual Fund	Thematic	0.78%
57	Parag Parikh Arbitrage Fund	PPFAS Mutual Fund	Hybrid	0.78%
58	Mahindra Manulife Multi Asset Allocation Fund	Mahindra Manulife Mutual Fund	Hybrid	0.77%
59	Groww Multi Asset Allocation Fund	Groww Mutual Fund	Hybrid	0.74%
60	SBI Contra Fund	SBI Mutual Fund	Equity	0.72%
61	JioBlackRock Sector Rotation Fund	Jio BlackRock Mutual Fund	Thematic	0.68%
62	JM Arbitrage Fund	JM Financial Mutual Fund	Hybrid	0.66%
63	ICICI Prudential Arbitrage Fund	ICICI Prudential Mutual Fund	Hybrid	0.63%
64	Groww Aggressive Hybrid Fund	Groww Mutual Fund	Hybrid	0.6%
65	WhiteOak Capital Arbitrage Fund	WhiteOak Capital Mutual Fund	Hybrid	0.58%
66	Axis Balanced Advantage Fund	Axis Mutual Fund	Hybrid	0.54%
67	Baroda BNP Paribas Arbitrage Fund	Baroda BNP Paribas Mutual Fund	Hybrid	0.53%
68	UTI Quant Fund	UTI Mutual Fund	Equity	0.52%
69	Mahindra Manulife Equity Savings Fund	Mahindra Manulife Mutual Fund	Hybrid	0.48%
70	DSP Arbitrage Fund	DSP Mutual Fund	Hybrid	0.43%
71	Capitalmind Arbitrage Fund	Capitalmind Mutual Fund	Hybrid	0.37%
72	ICICI Prudential Multi-Asset Fund	ICICI Prudential Mutual Fund	Hybrid	0.37%
73	JioBlackRock Arbitrage Fund	Jio BlackRock Mutual Fund	Hybrid	0.36%
74	ICICI Prudential Large & Mid Cap Fund	ICICI Prudential Mutual Fund	Equity	0.34%
75	Mirae Asset Arbitrage Fund	Mirae Asset Mutual Fund	Hybrid	0.3%
76	Kotak Rural Opportunities Fund	Kotak Mahindra Mutual Fund	Thematic	0.29%
77	Aditya Birla Sun Life Equity Savings Fund	Aditya Birla Sun Life Mutual Fund	Hybrid	0.28%
78	SBI Balanced Advantage Fund	SBI Mutual Fund	Hybrid	0.28%
79	SBI Arbitrage Opportunities Fund	SBI Mutual Fund	Hybrid	0.27%
80	ICICI Prudential Equity Savings Fund	ICICI Prudential Mutual Fund	Hybrid	0.25%
81	ICICI Prudential Large Cap Fund	ICICI Prudential Mutual Fund	Equity	0.24%
82	Mirae Asset Multi Asset Allocation Fund	Mirae Asset Mutual Fund	Hybrid	0.24%
83	Axis Equity Savings Fund	Axis Mutual Fund	Hybrid	0.22%
84	Bajaj Finserv Arbitrage Fund	Bajaj Finserv Mutual Fund	Hybrid	0.19%
85	Nippon India Conservative Hybrid Fund	Nippon India Mutual Fund	Hybrid	0.13%
86	Mirae Asset ELSS Tax Saver Fund	Mirae Asset Mutual Fund	Equity	0.06%
87	Parag Parikh Flexi Cap Fund	PPFAS Mutual Fund	Equity	0.04%
88	ICICI Prudential Balanced Advantage Fund	ICICI Prudential Mutual Fund	Hybrid	0.03%
89	SBI Equity Savings Fund	SBI Mutual Fund	Hybrid	0.02%
90	Unifi Dynamic Asset Allocation Fund	Unifi Mutual Fund	Hybrid	0.02%
91	Aditya Birla Sun Life Balanced Advantage Fund	Aditya Birla Sun Life Mutual Fund	Hybrid	0.01%
92	Kotak Balanced Advantage Fund	Kotak Mahindra Mutual Fund	Hybrid	0.01%
93	Kotak Arbitrage Fund	Kotak Mahindra Mutual Fund	Hybrid	0%
94	Kotak Equity Savings Fund	Kotak Mahindra Mutual Fund	Hybrid	0%
95	Mirae Asset Large & Midcap Fund	Mirae Asset Mutual Fund	Equity	0%
96	TATA ARBITRAGE FUND	Tata Mutual Fund	Hybrid	0%
97	UTI - Arbitrage Fund	UTI Mutual Fund	Hybrid	0%
98	TATA BALANCED ADVANTAGE FUND	Tata Mutual Fund	Hybrid	-0.01%

Want to interpret these weights? Read How to Read a Mutual Fund's Monthly Portfolio Disclosure, or look up terms like % to NAV and conviction in the glossary.

Source: SEBI-mandated monthly portfolio disclosures by Indian AMCs. Percentages are of each fund's net assets on its latest disclosure date. For information only, not investment advice.