Mutual Funds Holding Hindalco Industries Limited

Materials220 fundsISIN INE038A01020

As of 30 September 2026, 220 Indian mutual funds hold Hindalco Industries Limited (Materials), led by LIC MF ARBITRAGE FUND at 6.66% of its net assets, per the AMCs' SEBI-mandated monthly disclosures.

As of 30 September 2026, 220 Indian mutual fund schemes disclose a holding in Hindalco 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 220 funds holding Hindalco Industries Limited, the average position size is 1.16% of net assets. The highest-conviction holder is LIC MF ARBITRAGE FUND (Hybrid), at 6.66%. Hybrid funds account for 109 of the 220 holders, with the rest spread across 2 other categories. Over the last month, 2 funds initiated a new position and 4 funds exited, with the largest weight change at Groww Arbitrage Fund (-2.56pp to 0.66%).

Fund Activity Last Month

How funds changed their Hindalco 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.

2 started a position4 exited14 increased15 reduced

Weight Increased

FundWeightChange
Old Bridge Flexi Cap Fund2.13% → 3.35%▲ +1.22
ICICI Prudential Conglomerate Fund1.96% → 2.57%▲ +0.61
Union Arbitrage Fund0.45% → 1.05%▲ +0.6
Mirae Asset ELSS Tax Saver Fund1.96% → 2.4%▲ +0.44
Franklin Asian Equity Fund1.47% → 1.87%▲ +0.4
Bajaj Finserv Equity Savings Fund2.11% → 2.49%▲ +0.38
Old Bridge Focused Fund3.26% → 3.64%▲ +0.38
JioBlackRock Arbitrage Fund0.08% → 0.41%▲ +0.33
TRUSTMF Arbitrage Fund0.05% → 0.38%▲ +0.33
Nippon India Vision Large & Mid Cap Fund0.96% → 1.27%▲ +0.31
Groww Multi Asset Allocation Fund0.62% → 0.89%▲ +0.27
Bajaj Finserv Arbitrage Fund0.8% → 1.05%▲ +0.25
ICICI Prudential Large Cap Fund0.17% → 0.38%▲ +0.21
ICICI Prudential Multi-Asset Fund0.15% → 0.33%▲ +0.18

Weight Reduced

FundWeightChange
Groww Arbitrage Fund3.22% → 0.66%▼ -2.56
HSBC Large & Mid Cap Fund0.93% → 0.01%▼ -0.92
HSBC Multi Asset Allocation Fund1.23% → 0.36%▼ -0.87
WhiteOak Capital Arbitrage Fund2.03% → 1.33%▼ -0.7
HSBC Arbitrage Fund0.79% → 0.13%▼ -0.66
DSP Quant Fund3.15% → 2.5%▼ -0.65
HSBC Infrastructure Fund2.08% → 1.45%▼ -0.63
Edelweiss Balanced Advantage Fund0.99% → 0.42%▼ -0.57
Mahindra Manulife Arbitrage Fund4.67% → 4.22%▼ -0.45
HSBC Business Cycles Fund1.4% → 0.99%▼ -0.41
LIC MF ARBITRAGE FUND7.06% → 6.66%▼ -0.4
PGIM INDIA FLEXI CAP FUND1.34% → 1%▼ -0.34
HDFC Infrastructure Fund0.92% → 0.63%▼ -0.29
The Wealth Company Balanced Advt Fund1.44% → 1.19%▼ -0.25
DSP Natural Resources & New Energy Fund4.26% → 4.02%▼ -0.24

Funds Holding Hindalco Industries Limited

#FundAMCCategory% to NAV
1LIC MF ARBITRAGE FUNDLIC Mutual FundHybrid6.66%
2ICICI Prudential Commodities FundICICI Prudential Mutual FundThematic4.51%
3Mahindra Manulife Arbitrage FundMahindra Manulife Mutual FundHybrid4.22%
4DSP Natural Resources & New Energy FundDSP Mutual FundThematic4.02%
5HSBC India Export Opportunities FundHSBC Mutual FundEquity3.97%
6Old Bridge Focused FundOld Bridge Mutual FundEquity3.64%
7Samco Large Cap FundSamco Mutual FundEquity3.56%
8Aditya Birla Sun Life Quant FundAditya Birla Sun Life Mutual FundEquity3.54%
9Mahindra Manulife Manufacturing FundMahindra Manulife Mutual FundThematic3.44%
10Old Bridge Flexi Cap FundOld Bridge Mutual FundEquity3.35%
11Franklin India Large Cap FundFranklin Templeton Mutual FundEquity2.9%
12Capitalmind Multi Asset Allocation FundCapitalmind Mutual FundHybrid2.85%
13Aditya Birla Sun Life Esg Integration Strategy FundAditya Birla Sun Life Mutual FundThematic2.61%
14Aditya Birla Sun Life Focused FundAditya Birla Sun Life Mutual FundEquity2.59%
15ICICI Prudential Conglomerate FundICICI Prudential Mutual FundThematic2.57%
16DSP Quant FundDSP Mutual FundEquity2.5%
17Bajaj Finserv Equity Savings FundBajaj Finserv Mutual FundHybrid2.49%
18Kotak Manufacture In India FundKotak Mahindra Mutual FundThematic2.41%
19Mirae Asset ELSS Tax Saver FundMirae Asset Mutual FundEquity2.4%
20Bandhan Multi-Factor FundBandhan Mutual FundEquity2.38%
21ICICI Prudential Large & Mid Cap FundICICI Prudential Mutual FundEquity2.36%
22Aditya Birla Sun Life Elss Tax Saver FundAditya Birla Sun Life Mutual FundEquity2.31%
23ICICI Prudential Quant FundICICI Prudential Mutual FundEquity2.29%
24Axis India Manufacturing FundAxis Mutual FundThematic2.26%
25Aditya Birla Sun Life Manufacturing Equity FundAditya Birla Sun Life Mutual FundThematic2.22%
26Baroda BNP Paribas Flexi Cap FundBaroda BNP Paribas Mutual FundEquity2.15%
27Franklin India Large & Mid Cap FundFranklin Templeton Mutual FundEquity2.08%
28WhiteOak Capital Equity Savings FundWhiteOak Capital Mutual FundHybrid2.06%
29Samco Arbitrage FundSamco Mutual FundHybrid2.03%
30Aditya Birla Sun Life Large & Mid Cap FundAditya Birla Sun Life Mutual FundEquity2.02%
31Sundaram Equity Savings FundSundaram Mutual FundHybrid1.98%
32Mirae Asset Large & Midcap FundMirae Asset Mutual FundEquity1.97%
33Edelweiss Business Cycle FundEdelweiss Mutual FundThematic1.96%
34LIC MF LARGE & MID CAP FUNDLIC Mutual FundEquity1.96%
35ICICI Prudential Manufacturing FundICICI Prudential Mutual FundThematic1.93%
36Franklin Asian Equity FundFranklin Templeton Mutual FundEquity1.87%
37DSP Equity Savings FundDSP Mutual FundHybrid1.86%
38ITI Large Cap FundITI Mutual FundEquity1.84%
39Franklin India Arbitrage FundFranklin Templeton Mutual FundHybrid1.79%
40CANARA ROBECO INFRASTRUCTURECanara Robeco Mutual FundThematic1.78%
41HSBC Flexi Cap FundHSBC Mutual FundEquity1.76%
42Aditya Birla Sun Life Business Cycle FundAditya Birla Sun Life Mutual FundThematic1.74%
43HDFC Housing Opportunities FundHDFC Mutual FundThematic1.74%
44Helios Arbitrage FundHelios Mutual FundHybrid1.74%
45Aditya Birla Sun Life Flexi Cap FundAditya Birla Sun Life Mutual FundEquity1.72%
46Aditya Birla Sun Life Large Cap FundAditya Birla Sun Life Mutual FundEquity1.69%
47Sundaram Aggressive Hybrid FundSundaram Mutual FundHybrid1.68%
48Baroda BNP Paribas ELSS Tax Saver FundBaroda BNP Paribas Mutual FundEquity1.65%
49SBI Equity Savings FundSBI Mutual FundHybrid1.62%
50Sundaram Multi Asset Allocation FundSundaram Mutual FundHybrid1.59%
51TATA ELSS - TAX SAVER FUNDTata Mutual FundEquity1.58%
52TATA ELSS FUNDTata Mutual FundEquity1.55%
53Aditya Birla Sun Life Dividend Yield FundAditya Birla Sun Life Mutual FundEquity1.53%
54Edelweiss Equity Savings FundEdelweiss Mutual FundHybrid1.49%
55TATA DIVIDEND YIELD FUNDTata Mutual FundEquity1.48%
56Samco Dynamic Asset Allocation FundSamco Mutual FundHybrid1.47%
57Sundaram Dynamic Asset Allocation FundSundaram Mutual FundHybrid1.47%
58HSBC Infrastructure FundHSBC Mutual FundThematic1.45%
59Old Bridge Arbitrage FundOld Bridge Mutual FundHybrid1.44%
60SBI ELSS Tax Saver FundSBI Mutual FundEquity1.44%
61ICICI Prudential Infrastructure FundICICI Prudential Mutual FundThematic1.42%
62Invesco India Manufacturing FundInvesco Mutual FundThematic1.42%
63Sundaram Arbitrage FundSundaram Mutual FundHybrid1.42%
64WhiteOak Capital Large Cap FundWhiteOak Capital Mutual FundEquity1.42%
65Aditya Birla Sun Life Aggressive Hybrid FundAditya Birla Sun Life Mutual FundHybrid1.38%
66NJ Value FundNJ Mutual FundEquity1.38%
67JM ELSS Tax Saver FundJM Financial Mutual FundEquity1.37%
68LIC MF EQUITY SAVINGS FUNDLIC Mutual FundHybrid1.36%
69Aditya Birla Sun Life Equity Hybrid '95 FundAditya Birla Sun Life Mutual FundHybrid1.35%
70Kotak Large Cap FundKotak Mahindra Mutual FundEquity1.34%
71PGIM INDIA MULTI CAP FUNDPGIM India Mutual FundEquity1.34%
72WhiteOak Capital Arbitrage FundWhiteOak Capital Mutual FundHybrid1.33%
73WhiteOak Capital ESG Best-In-Class Strategy FundWhiteOak Capital Mutual FundThematic1.33%
74ELSS Tax Saver360 ONE Mutual FundEquity1.32%
75TATA RESOURCES & ENERGY FUNDTata Mutual FundThematic1.32%
76WhiteOak Capital Dividend Yield FundWhiteOak Capital Mutual FundEquity1.32%
77Franklin India ELSS Tax Saver FundFranklin Templeton Mutual FundEquity1.29%
78Nippon India Vision Large & Mid Cap FundNippon India Mutual FundEquity1.27%
79Sundaram Multi-Factor FundSundaram Mutual FundEquity1.27%
80Franklin India Flexi Cap FundFranklin Templeton Mutual FundEquity1.26%
81Kotak MNC FundKotak Mahindra Mutual FundThematic1.26%
82ITI Business Cycle FundITI Mutual FundThematic1.24%
83Aditya Birla Sun Life Regular Savings FundAditya Birla Sun Life Mutual FundHybrid1.23%
84HDFC Manufacturing FundHDFC Mutual FundThematic1.23%
85Aditya Birla Sun Life Conservative Hybrid FundAditya Birla Sun Life Mutual FundHybrid1.22%
86DSP Dynamic Asset Allocation FundDSP Mutual FundHybrid1.2%
87LIC MF BALANCED ADVANTAGE FUNDLIC Mutual FundHybrid1.19%
88The Wealth Company Balanced Advt FundThe Wealth Company Mutual FundHybrid1.19%
89Aditya Birla Sun Life Arbitrage FundAditya Birla Sun Life Mutual FundHybrid1.18%
90SBI Contra FundSBI Mutual FundEquity1.18%
91Aditya Birla Sun Life Balanced Advantage FundAditya Birla Sun Life Mutual FundHybrid1.16%
92Axis Arbitrage FundAxis Mutual FundHybrid1.16%
93ITI Balanced Advantage FundITI Mutual FundHybrid1.16%
94Shriram Aggressive Hybrid FundShriram Mutual FundHybrid1.13%
95Franklin India Multi Asset Allocation FundFranklin Templeton Mutual FundHybrid1.11%
96Bank Of India Balanced Advantage FundBank of India Mutual FundHybrid1.1%
97Mahindra Manulife Business Cycle FundMahindra Manulife Mutual FundThematic1.09%
98Edelweiss Arbitrage FundEdelweiss Mutual FundHybrid1.08%
99ITI Value FundITI Mutual FundEquity1.08%
100ITI Large & Mid Cap FundITI Mutual FundEquity1.07%
101Bajaj Finserv Arbitrage FundBajaj Finserv Mutual FundHybrid1.05%
102Parag Parikh Large Cap FundPPFAS Mutual FundEquity1.05%
103SBI Equity Minimum Variance FundSBI Mutual FundEquity1.05%
104Union Arbitrage FundUnion Mutual FundHybrid1.05%
105WhiteOak Capital ELSS Tax Saver FundWhiteOak Capital Mutual FundEquity1.05%
106Aditya Birla Sun Life Multi Asset Allocation FundAditya Birla Sun Life Mutual FundHybrid1.03%
107Kotak Dividend Yield FundKotak Mahindra Mutual FundEquity1.02%
108Aditya Birla Sun Life Infrastructure FundAditya Birla Sun Life Mutual FundThematic1%
109PGIM INDIA FLEXI CAP FUNDPGIM India Mutual FundEquity1%
110HSBC Business Cycles FundHSBC Mutual FundThematic0.99%
111Mirae Asset Multicap FundMirae Asset Mutual FundEquity0.98%
112Groww Large Cap FundGroww Mutual FundEquity0.97%
113HDFC Arbitrage FundHDFC Mutual FundHybrid0.97%
114Unifi Dynamic Asset Allocation FundUnifi Mutual FundHybrid0.97%
115Kotak Multi Asset Allocation FundKotak Mahindra Mutual FundHybrid0.96%
116WhiteOak Capital Flexi Cap FundWhiteOak Capital Mutual FundEquity0.96%
117Union Largecap FundUnion Mutual FundEquity0.92%
118UTI Quant FundUTI Mutual FundEquity0.9%
119Groww Multi Asset Allocation FundGroww Mutual FundHybrid0.89%
120Mirae Asset Balanced Advantage FundMirae Asset Mutual FundHybrid0.89%
121Edelweiss Aggressive Hybrid FundEdelweiss Mutual FundHybrid0.88%
122Invesco India Largecap FundInvesco Mutual FundEquity0.88%
123Union Equity Savings FundUnion Mutual FundHybrid0.87%
124Baroda BNP Paribas Arbitrage FundBaroda BNP Paribas Mutual FundHybrid0.86%
125Baroda BNP Paribas Equity Savings FundBaroda BNP Paribas Mutual FundHybrid0.86%
126Invesco India Contra FundInvesco Mutual FundEquity0.86%
127WhiteOak Capital Aggressive Hybrid FundWhiteOak Capital Mutual FundHybrid0.83%
128ICICI Prudential Multicap FundICICI Prudential Mutual FundEquity0.82%
129WhiteOak Capital Balanced Advantage FundWhiteOak Capital Mutual FundHybrid0.82%
130HDFC Large and Mid Cap FundHDFC Mutual FundEquity0.8%
131Kotak Contra FundKotak Mahindra Mutual FundEquity0.8%
132PGIM INDIA BALANCED ADVANTAGE FUNDPGIM India Mutual FundHybrid0.8%
133Franklin India Multi-Factor FundFranklin Templeton Mutual FundEquity0.79%
134WhiteOak Capital Large & Mid Cap FundWhiteOak Capital Mutual FundEquity0.79%
135Bandhan Equity Savings FundBandhan Mutual FundHybrid0.77%
136ICICI Prudential Balanced Advantage FundICICI Prudential Mutual FundHybrid0.77%
137JioBlackRock Sector Rotation FundJio BlackRock Mutual FundThematic0.77%
138Nippon India Arbitrage FundNippon India Mutual FundHybrid0.76%
139Edelweiss Flexi-Cap FundEdelweiss Mutual FundEquity0.75%
140HSBC Value FundHSBC Mutual FundEquity0.75%
141PGIM INDIA ELSS TAX SAVER FUNDPGIM India Mutual FundEquity0.73%
142Aditya Birla Sun Life Special Opportunities FundAditya Birla Sun Life Mutual FundThematic0.7%
143CANARA ROBECO LARGE AND MID CAP FUNDCanara Robeco Mutual FundEquity0.69%
144Groww Aggressive Hybrid FundGroww Mutual FundHybrid0.68%
145Groww ELSS Tax Saver FundGroww Mutual FundEquity0.68%
146SBI Arbitrage Opportunities FundSBI Mutual FundHybrid0.67%
147Groww Arbitrage FundGroww Mutual FundHybrid0.66%
148HSBC Multi Cap FundHSBC Mutual FundEquity0.65%
149Mirae Asset Multi Asset Allocation FundMirae Asset Mutual FundHybrid0.64%
150HDFC Infrastructure FundHDFC Mutual FundThematic0.63%
151WhiteOak Capital Balanced Hybrid FundWhiteOak Capital Mutual FundHybrid0.63%
152HSBC Balanced Advantage FundHSBC Mutual FundHybrid0.62%
153PGIM INDIA LARGE CAP FUNDPGIM India Mutual FundEquity0.6%
154DSP Arbitrage FundDSP Mutual FundHybrid0.59%
155Kotak Multicap FundKotak Mahindra Mutual FundEquity0.59%
156Mirae Asset Aggressive Hybrid FundMirae Asset Mutual FundHybrid0.57%
157PGIM INDIA AGGRESSIVE HYBRID EQUITY FUNDPGIM India Mutual FundHybrid0.57%
158CANARA ROBECO BALANCED ADVANTAGE FUNDCanara Robeco Mutual FundHybrid0.56%
159JioBlackRock Flexi Cap FundJio BlackRock Mutual FundEquity0.55%
160SBI Arbitrage FundSBI Mutual FundHybrid0.54%
161Mahindra Manulife Multi Asset Allocation FundMahindra Manulife Mutual FundHybrid0.53%
162Mirae Asset Equity Savings FundMirae Asset Mutual FundHybrid0.53%
163Bajaj Finserv Balanced Advantage FundBajaj Finserv Mutual FundHybrid0.51%
164Edelweiss Elss Tax Saver FundEdelweiss Mutual FundEquity0.5%
165ICICI Prudential Equity Savings FundICICI Prudential Mutual FundHybrid0.5%
166WhiteOak Capital Multi Cap FundWhiteOak Capital Mutual FundEquity0.5%
167Aditya Birla Sun Life Multi-Cap FundAditya Birla Sun Life Mutual FundEquity0.48%
168JioBlackRock Large Cap FundJio BlackRock Mutual FundEquity0.47%
169Edelweiss Multi Cap FundEdelweiss Mutual FundEquity0.46%
170ICICI Prudential Arbitrage FundICICI Prudential Mutual FundHybrid0.46%
171Kotak Quant FundKotak Mahindra Mutual FundEquity0.46%
172SBI Equity Hybrid FundSBI Mutual FundHybrid0.45%
173Invesco India Multicap FundInvesco Mutual FundEquity0.44%
174Edelweiss Large Cap FundEdelweiss Mutual FundEquity0.43%
175Edelweiss Balanced Advantage FundEdelweiss Mutual FundHybrid0.42%
176JioBlackRock Arbitrage FundJio BlackRock Mutual FundHybrid0.41%
177Zerodha Life Cycle Fund 2041Zerodha Mutual FundHybrid0.41%
178PGIM INDIA MULTI ASSET ALLOCATION FUNDPGIM India Mutual FundHybrid0.4%
179ICICI Prudential Large Cap FundICICI Prudential Mutual FundEquity0.38%
180TRUSTMF Arbitrage FundTrust Mutual FundHybrid0.38%
181NJ Balanced Advantage FundNJ Mutual FundHybrid0.37%
182HSBC Multi Asset Allocation FundHSBC Mutual FundHybrid0.36%
183ICICI Prudential Multi Asset Allocation FundICICI Prudential Mutual FundHybrid0.36%
184Mahindra Manulife Equity Savings FundMahindra Manulife Mutual FundHybrid0.35%
185HDFC Multi-Asset Allocation FundHDFC Mutual FundHybrid0.34%
186Mirae Asset Arbitrage FundMirae Asset Mutual FundHybrid0.34%
187Zerodha Life Cycle Fund 2036Zerodha Mutual FundHybrid0.34%
188Edelweiss Multi Asset Allocation FundEdelweiss Mutual FundHybrid0.33%
189ICICI Prudential Multi-Asset FundICICI Prudential Mutual FundHybrid0.33%
190Samco Multi Asset Allocation FundSamco Mutual FundHybrid0.33%
191WhiteOak Capital Multi Asset Allocation FundWhiteOak Capital Mutual FundHybrid0.33%
192Aditya Birla Sun Life Equity Savings FundAditya Birla Sun Life Mutual FundHybrid0.32%
193Axis Value FundAxis Mutual FundEquity0.3%
194Bandhan Arbitrage FundBandhan Mutual FundHybrid0.29%
195Zerodha Life Cycle Fund 2031Zerodha Mutual FundHybrid0.25%
196HDFC Equity Savings FundHDFC Mutual FundHybrid0.24%
197Axis Aggressive Hybrid FundAxis Mutual FundHybrid0.23%
198HDFC Large Cap FundHDFC Mutual FundEquity0.23%
199Kotak Balanced Advantage FundKotak Mahindra Mutual FundHybrid0.22%
200Parag Parikh Arbitrage FundPPFAS Mutual FundHybrid0.22%
201SBI Balanced Advantage FundSBI Mutual FundHybrid0.21%
202Axis Equity Savings FundAxis Mutual FundHybrid0.19%
203PGIM INDIA EQUITY SAVINGS FUNDPGIM India Mutual FundHybrid0.19%
204Axis Balanced Advantage FundAxis Mutual FundHybrid0.16%
205Bandhan Multi Asset Allocation FundBandhan Mutual FundHybrid0.15%
206Nippon India Conservative Hybrid FundNippon India Mutual FundHybrid0.15%
207NJ Arbitrage FundNJ Mutual FundHybrid0.14%
208HSBC Arbitrage FundHSBC Mutual FundHybrid0.13%
209CANARA ROBECO FLEXICAP FUNDCanara Robeco Mutual FundEquity0.11%
210JM Arbitrage FundJM Financial Mutual FundHybrid0.1%
211CANARA ROBECO LARGE CAP FUNDCanara Robeco Mutual FundEquity0.09%
212Motilal Oswal Arbitrage FundMotilal Oswal Mutual FundHybrid0.08%
213Parag Parikh Flexi Cap FundPPFAS Mutual FundEquity0.05%
214HSBC Equity Savings FundHSBC Mutual FundHybrid0.01%
215HSBC Large & Mid Cap FundHSBC Mutual FundEquity0.01%
216Kotak Equity Savings FundKotak Mahindra Mutual FundHybrid0%
217Kotak Arbitrage FundKotak Mahindra Mutual FundHybrid-0.01%
218TATA ARBITRAGE FUNDTata Mutual FundHybrid-0.01%
219UTI - Arbitrage FundUTI Mutual FundHybrid-0.01%
220UTI - Equity Savings FundUTI Mutual FundHybrid-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.