Mutual Funds Holding IndusInd Bank Limited

Financial Services161 fundsISIN INE095A01012

As of 31 July 2026, 161 Indian mutual funds hold IndusInd Bank Limited (Financial Services), led by LIC MF BANKING AND FINANCIAL SERVICES FUND at 4.93% of its net assets, per the AMCs' SEBI-mandated monthly disclosures.

As of 31 July 2026, 161 Indian mutual fund schemes disclose a holding in IndusInd Bank Limited (Financial Services). 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 161 funds holding IndusInd Bank Limited, the average position size is 1.36% of net assets. The highest-conviction holder is LIC MF BANKING AND FINANCIAL SERVICES FUND (Thematic), at 4.93%. Equity funds account for 77 of the 161 holders, with the rest spread across 2 other categories. Over the last month, 12 funds initiated a new position and 9 funds exited, with the largest weight change at Baroda BNP Paribas Multi Cap Fund (-1.5pp to 1.34%).

Fund Activity Last Month

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

12 started a position9 exited15 increased15 reduced

New Positions

The Wealth Company Large & Mid Cap Fund at 2.09%
WhiteOak Capital Mid Cap Fund at 1.68%
The Wealth Company Multiasset Alloc Fund at 1.57%
CANARA ROBECO MID CAP FUND at 1.51%
The Wealth Company Balanced Advt Fund at 1.51%
WhiteOak Capital Large & Mid Cap Fund at 0.95%
WhiteOak Capital Multi Cap Fund at 0.69%
Baroda BNP Paribas Mid Cap Fund at 0.61%
WhiteOak Capital Large Cap Fund at 0.59%
Groww Arbitrage Fund at 0.32%
Kotak Debt Hybrid Fund at 0.19%
Mahindra Manulife Arbitrage Fund at 0.1%

Complete Exits

Helios Arbitrage Fund was 1.77%
Bajaj Finserv Large Cap Fund was 0.94%
Franklin India Mid Cap Fund was 0.78%
Bajaj Finserv Multi Cap Fund was 0.68%
WhiteOak Capital Arbitrage Fund was 0.54%
NIPPON INDIA ARBITRAGE FUND was 0.31%
Aditya Birla Sun Life Banking And Financial Services Fund was 0.3%
Unifi Dynamic Asset Allocation Fund was 0.23%
Aditya Birla Sun Life Equity Savings Fund was 0.21%

Weight Increased

Fund	Weight	Change
LIC MF BANKING AND FINANCIAL SERVICES FUND	3.48% → 4.93%	▲ +1.45
Sundaram Mid Cap Fund	1.02% → 1.81%	▲ +0.79
Mirae Asset Banking and Financial Services Fund	0.96% → 1.68%	▲ +0.72
Kotak Dividend Yield Fund	1.9% → 2.54%	▲ +0.64
WhiteOak Capital Special Opportunities Fund	0.47% → 0.88%	▲ +0.41
Kotak Banking and Financial Services Fund	2.32% → 2.62%	▲ +0.3
WhiteOak Capital Banking & Financial Services Fund	0.76% → 1.05%	▲ +0.29
UTI Large & Mid Cap Fund	0.81% → 1.09%	▲ +0.28
NIPPON INDIA BANKING & FINANCIAL SERVICES FUND	2.57% → 2.82%	▲ +0.25
Quantum Small Cap Fund	0.8% → 1.03%	▲ +0.23
LIC MF FLEXI CAP FUND	3.02% → 3.24%	▲ +0.22
HDFC Business Cycle Fund	2.25% → 2.43%	▲ +0.18
Sundaram Value Fund	1.92% → 2.1%	▲ +0.18
Kotak Multicap Fund	3.29% → 3.45%	▲ +0.16
HDFC Mid Cap Fund	0.99% → 1.14%	▲ +0.15

Weight Reduced

Fund	Weight	Change
Baroda BNP Paribas Multi Cap Fund	2.84% → 1.34%	▼ -1.5
Baroda BNP Paribas Focused Fund	5.35% → 4.2%	▼ -1.15
NIPPON INDIA EQUITY SAVINGS FUND	1.1% → 0.25%	▼ -0.85
TATA BANKING & FINANCIAL SERVICES FUND	2.14% → 1.45%	▼ -0.69
ICICI PRUDENTIAL HOUSING OPPORTUNITIES FUND	0.66% → 0.05%	▼ -0.61
Mirae Asset Arbitrage Fund	0.56% → 0.05%	▼ -0.51
ICICI Prudential Infrastructure Fund	1.65% → 1.28%	▼ -0.37
Invesco India Business Cycle Fund	3.44% → 3.08%	▼ -0.36
Kotak Special Opportunities Fund	3.92% → 3.56%	▼ -0.36
Aditya Birla Sun Life Arbitrage Fund	0.36% → 0.05%	▼ -0.31
Baroda BNP Paribas Business Conglomerates Fund	2.14% → 1.83%	▼ -0.31
NIPPON INDIA VALUE FUND	3.35% → 3.04%	▼ -0.31
Motilal Oswal Financial Services Fund	4.32% → 4.02%	▼ -0.3
Mirae Asset Multi Asset Allocation Fund	0.62% → 0.35%	▼ -0.27
Mirae Asset Aggressive Hybrid Fund	0.79% → 0.53%	▼ -0.26

Funds Holding IndusInd Bank Limited

#	Fund	AMC	Category	% to NAV
1	LIC MF BANKING AND FINANCIAL SERVICES FUND	LIC Mutual Fund	Thematic	4.93%
2	Baroda BNP Paribas Banking & Financial Services Fund	Baroda BNP Paribas Mutual Fund	Thematic	4.35%
3	Baroda BNP Paribas Focused Fund	Baroda BNP Paribas Mutual Fund	Equity	4.2%
4	Motilal Oswal Financial Services Fund	Motilal Oswal Mutual Fund	Thematic	4.02%
5	Invesco India Midcap Fund	Invesco Mutual Fund	Equity	3.77%
6	Motilal Oswal Balanced Advantage Fund	Motilal Oswal Mutual Fund	Hybrid	3.64%
7	Motilal Oswal Flexi Cap Fund	Motilal Oswal Mutual Fund	Equity	3.59%
8	Kotak Special Opportunities Fund	Kotak Mahindra Mutual Fund	Thematic	3.56%
9	Kotak Multicap Fund	Kotak Mahindra Mutual Fund	Equity	3.45%
10	Motilal Oswal Business Cycle Fund	Motilal Oswal Mutual Fund	Thematic	3.34%
11	Mirae Asset Midcap Fund	Mirae Asset Mutual Fund	Equity	3.27%
12	Motilal Oswal Focused Fund	Motilal Oswal Mutual Fund	Equity	3.27%
13	Baroda BNP Paribas Flexi Cap Fund	Baroda BNP Paribas Mutual Fund	Equity	3.25%
14	LIC MF FLEXI CAP FUND	LIC Mutual Fund	Equity	3.24%
15	Motilal Oswal Multicap Fund	Motilal Oswal Mutual Fund	Equity	3.18%
16	Invesco India Business Cycle Fund	Invesco Mutual Fund	Thematic	3.08%
17	NIPPON INDIA VALUE FUND	Nippon India Mutual Fund	Equity	3.04%
18	Baroda BNP Paribas Large & Mid Cap Fund	Baroda BNP Paribas Mutual Fund	Equity	2.89%
19	Mahindra Manulife Mid Cap Fund	Mahindra Manulife Mutual Fund	Equity	2.89%
20	TATA MID CAP FUND	Tata Mutual Fund	Equity	2.84%
21	NIPPON INDIA BANKING & FINANCIAL SERVICES FUND	Nippon India Mutual Fund	Thematic	2.82%
22	ICICI Prudential Large & Mid Cap Fund	ICICI Prudential Mutual Fund	Equity	2.8%
23	Kotak Banking and Financial Services Fund	Kotak Mahindra Mutual Fund	Thematic	2.62%
24	Mahindra Manulife Large & Mid Cap Fund	Mahindra Manulife Mutual Fund	Equity	2.61%
25	Kotak Dividend Yield Fund	Kotak Mahindra Mutual Fund	Equity	2.54%
26	Mahindra Manulife Focused Fund	Mahindra Manulife Mutual Fund	Equity	2.52%
27	Mahindra Manulife Business Cycle Fund	Mahindra Manulife Mutual Fund	Thematic	2.49%
28	Invesco India Large Mid Cap Fund	Invesco Mutual Fund	Equity	2.44%
29	HDFC Business Cycle Fund	HDFC Mutual Fund	Thematic	2.43%
30	Mahindra Manulife Value Fund	Mahindra Manulife Mutual Fund	Equity	2.34%
31	Axis Business Cycles Fund	Axis Mutual Fund	Thematic	2.21%
32	Baroda BNP Paribas Balanced Advantage Fund	Baroda BNP Paribas Mutual Fund	Hybrid	2.2%
33	Mahindra Manulife Balanced Advantage Fund	Mahindra Manulife Mutual Fund	Hybrid	2.11%
34	Mirae Asset ELSS Tax Saver Fund	Mirae Asset Mutual Fund	Equity	2.1%
35	Sundaram Value Fund	Sundaram Mutual Fund	Equity	2.1%
36	The Wealth Company Large & Mid Cap Fund	The Wealth Company Mutual Fund	Equity	2.09%
37	Invesco India Financial Services Fund	Invesco Mutual Fund	Thematic	2.05%
38	Quantum ELSS Tax Saver Fund	Quantum Mutual Fund	Equity	2.04%
39	Mirae Asset Multicap Fund	Mirae Asset Mutual Fund	Equity	2.03%
40	Quantum Value Fund	Quantum Mutual Fund	Equity	2.01%
41	Mirae Asset Large & Midcap Fund	Mirae Asset Mutual Fund	Equity	1.97%
42	Motilal Oswal Arbitrage Fund	Motilal Oswal Mutual Fund	Hybrid	1.95%
43	Sundaram ELSS Tax Saver Fund	Sundaram Mutual Fund	Equity	1.88%
44	Sundaram Flexi Cap Fund	Sundaram Mutual Fund	Equity	1.86%
45	Baroda BNP Paribas Business Conglomerates Fund	Baroda BNP Paribas Mutual Fund	Thematic	1.83%
46	Sundaram Mid Cap Fund	Sundaram Mutual Fund	Equity	1.81%
47	UTI Value Fund	UTI Mutual Fund	Equity	1.81%
48	TATA FLEXI CAP FUND	Tata Mutual Fund	Equity	1.74%
49	Mahindra Manulife ELSS Tax Saver Fund	Mahindra Manulife Mutual Fund	Equity	1.69%
50	Mirae Asset Banking and Financial Services Fund	Mirae Asset Mutual Fund	Thematic	1.68%
51	WhiteOak Capital Mid Cap Fund	WhiteOak Capital Mutual Fund	Equity	1.68%
52	Kotak Active Momentum Fund	Kotak Mahindra Mutual Fund	Equity	1.61%
53	Kotak Equity Savings Fund	Kotak Mahindra Mutual Fund	Hybrid	1.6%
54	Mahindra Manulife Flexi Cap Fund	Mahindra Manulife Mutual Fund	Equity	1.6%
55	Kotak Large & Midcap Fund	Kotak Mahindra Mutual Fund	Equity	1.58%
56	The Wealth Company Multiasset Alloc Fund	The Wealth Company Mutual Fund	Hybrid	1.57%
57	HDFC Large Cap Fund	HDFC Mutual Fund	Equity	1.56%
58	ICICI Prudential Conglomerate Fund	ICICI Prudential Mutual Fund	Thematic	1.56%
59	Invesco India Multicap Fund	Invesco Mutual Fund	Equity	1.53%
60	Kotak Contra Fund	Kotak Mahindra Mutual Fund	Equity	1.53%
61	CANARA ROBECO MID CAP FUND	Canara Robeco Mutual Fund	Equity	1.51%
62	HDFC Dividend Yield Fund	HDFC Mutual Fund	Equity	1.51%
63	The Wealth Company Balanced Advt Fund	The Wealth Company Mutual Fund	Hybrid	1.51%
64	Groww ELSS Tax Saver Fund	Groww Mutual Fund	Equity	1.48%
65	Invesco India Contra Fund	Invesco Mutual Fund	Equity	1.48%
66	ICICI Prudential Midcap Fund	ICICI Prudential Mutual Fund	Equity	1.46%
67	Mahindra Manulife Large Cap Fund	Mahindra Manulife Mutual Fund	Equity	1.46%
68	TATA BANKING & FINANCIAL SERVICES FUND	Tata Mutual Fund	Thematic	1.45%
69	Kotak ELSS Tax Saver Fund	Kotak Mahindra Mutual Fund	Equity	1.44%
70	Invesco India Smallcap Fund	Invesco Mutual Fund	Equity	1.37%
71	ICICI Prudential Multi-Asset Fund	ICICI Prudential Mutual Fund	Hybrid	1.35%
72	Kotak Flexicap Fund	Kotak Mahindra Mutual Fund	Equity	1.35%
73	Baroda BNP Paribas Multi Cap Fund	Baroda BNP Paribas Mutual Fund	Equity	1.34%
74	HDFC Banking & Financial Services Fund	HDFC Mutual Fund	Thematic	1.31%
75	Nippon India Vision Large & Mid Cap Fund	Nippon India Mutual Fund	Equity	1.31%
76	Axis Large & Mid Cap Fund	Axis Mutual Fund	Equity	1.28%
77	ICICI Prudential Infrastructure Fund	ICICI Prudential Mutual Fund	Thematic	1.28%
78	TATA DIVIDEND YIELD FUND	Tata Mutual Fund	Equity	1.28%
79	HDFC Large and Mid Cap Fund	HDFC Mutual Fund	Equity	1.27%
80	Axis Multicap Fund	Axis Mutual Fund	Equity	1.22%
81	Aditya Birla Sun Life Esg Integration Strategy Fund	Aditya Birla Sun Life Mutual Fund	Thematic	1.21%
82	TATA ELSS FUND	Tata Mutual Fund	Equity	1.21%
83	Baroda BNP Paribas Value Fund	Baroda BNP Paribas Mutual Fund	Equity	1.17%
84	Axis Value Fund	Axis Mutual Fund	Equity	1.16%
85	HDFC Mid Cap Fund	HDFC Mutual Fund	Equity	1.14%
86	Old Bridge Arbitrage Fund	Old Bridge Mutual Fund	Hybrid	1.14%
87	Sundaram Business Cycle Fund	Sundaram Mutual Fund	Thematic	1.13%
88	UTI Large & Mid Cap Fund	UTI Mutual Fund	Equity	1.09%
89	WhiteOak Capital Banking & Financial Services Fund	WhiteOak Capital Mutual Fund	Thematic	1.05%
90	Baroda BNP Paribas Large Cap Fund	Baroda BNP Paribas Mutual Fund	Equity	1.04%
91	Quantum Small Cap Fund	Quantum Mutual Fund	Equity	1.03%
92	Mahindra Manulife Aggressive Hybrid Fund	Mahindra Manulife Mutual Fund	Hybrid	1.01%
93	Groww Aggressive Hybrid Fund	Groww Mutual Fund	Hybrid	1%
94	Kotak MNC Fund	Kotak Mahindra Mutual Fund	Thematic	1%
95	UTI - Large Cap Fund	UTI Mutual Fund	Equity	1%
96	Quantum ESG Best In Class Strategy Fund	Quantum Mutual Fund	Thematic	0.96%
97	WhiteOak Capital Large & Mid Cap Fund	WhiteOak Capital Mutual Fund	Equity	0.95%
98	Baroda BNP Paribas Equity Savings Fund	Baroda BNP Paribas Mutual Fund	Hybrid	0.94%
99	UTI - Master Equity Plan Unit Scheme	UTI Mutual Fund	Equity	0.92%
100	WhiteOak Capital Special Opportunities Fund	WhiteOak Capital Mutual Fund	Thematic	0.88%
101	Mahindra Manulife Multi Cap Fund	Mahindra Manulife Mutual Fund	Equity	0.87%
102	ICICI Prudential Dividend Yield Equity Fund	ICICI Prudential Mutual Fund	Equity	0.86%
103	UTI - Banking and Financial Services Fund	UTI Mutual Fund	Thematic	0.83%
104	Groww Multi Asset Allocation Fund	Groww Mutual Fund	Hybrid	0.81%
105	ICICI Prudential Multicap Fund	ICICI Prudential Mutual Fund	Equity	0.77%
106	UTI Aggressive Hybrid Fund	UTI Mutual Fund	Hybrid	0.76%
107	Baroda BNP Paribas Multi Asset Fund	Baroda BNP Paribas Mutual Fund	Hybrid	0.75%
108	Baroda BNP Paribas Aggressive Hybrid Fund	Baroda BNP Paribas Mutual Fund	Hybrid	0.73%
109	ICICI Prudential ESG Exclusionary Strategy Fund	ICICI Prudential Mutual Fund	Thematic	0.72%
110	Axis Equity Savings Fund	Axis Mutual Fund	Hybrid	0.69%
111	ICICI Prudential Equity & Debt Fund	ICICI Prudential Mutual Fund	Hybrid	0.69%
112	Mirae Asset Large Cap Fund	Mirae Asset Mutual Fund	Equity	0.69%
113	WhiteOak Capital Multi Cap Fund	WhiteOak Capital Mutual Fund	Equity	0.69%
114	Nippon India Flexi Cap Fund	Nippon India Mutual Fund	Equity	0.63%
115	Baroda BNP Paribas Mid Cap Fund	Baroda BNP Paribas Mutual Fund	Equity	0.61%
116	HDFC Balanced Advantage Fund	HDFC Mutual Fund	Hybrid	0.61%
117	WhiteOak Capital Large Cap Fund	WhiteOak Capital Mutual Fund	Equity	0.59%
118	TRUSTMF Arbitrage Fund	Trust Mutual Fund	Hybrid	0.56%
119	Mirae Asset Aggressive Hybrid Fund	Mirae Asset Mutual Fund	Hybrid	0.53%
120	ICICI Prudential India Opportunities Fund	ICICI Prudential Mutual Fund	Equity	0.51%
121	ICICI Prudential ELSS Tax Saver Fund	ICICI Prudential Mutual Fund	Equity	0.46%
122	UTI Conservative Hybrid Fund	UTI Mutual Fund	Hybrid	0.43%
123	Mirae Asset Equity Savings Fund	Mirae Asset Mutual Fund	Hybrid	0.37%
124	JioBlackRock Sector Rotation Fund	Jio BlackRock Mutual Fund	Thematic	0.35%
125	Mirae Asset Multi Asset Allocation Fund	Mirae Asset Mutual Fund	Hybrid	0.35%
126	Mirae Asset Balanced Advantage Fund	Mirae Asset Mutual Fund	Hybrid	0.33%
127	Groww Arbitrage Fund	Groww Mutual Fund	Hybrid	0.32%
128	ICICI Prudential Equity Savings Fund	ICICI Prudential Mutual Fund	Hybrid	0.31%
129	ICICI Prudential Value Fund	ICICI Prudential Mutual Fund	Equity	0.3%
130	Axis Midcap Fund	Axis Mutual Fund	Equity	0.28%
131	ICICI Prudential Balanced Advantage Fund	ICICI Prudential Mutual Fund	Hybrid	0.27%
132	NIPPON INDIA EQUITY SAVINGS FUND	Nippon India Mutual Fund	Hybrid	0.25%
133	UTI - Equity Savings Fund	UTI Mutual Fund	Hybrid	0.23%
134	Axis Arbitrage Fund	Axis Mutual Fund	Hybrid	0.19%
135	Kotak Debt Hybrid Fund	Kotak Mahindra Mutual Fund	Hybrid	0.19%
136	Nippon India Conservative Hybrid Fund	Nippon India Mutual Fund	Hybrid	0.19%
137	SBI Equity Savings Fund	SBI Mutual Fund	Hybrid	0.18%
138	HSBC Equity Savings Fund	HSBC Mutual Fund	Hybrid	0.15%
139	ICICI Prudential Arbitrage Fund	ICICI Prudential Mutual Fund	Hybrid	0.15%
140	Bajaj Finserv Arbitrage Fund	Bajaj Finserv Mutual Fund	Hybrid	0.14%
141	SBI Balanced Advantage Fund	SBI Mutual Fund	Hybrid	0.14%
142	SBI Arbitrage Opportunities Fund	SBI Mutual Fund	Hybrid	0.12%
143	WhiteOak Capital Equity Savings Fund	WhiteOak Capital Mutual Fund	Hybrid	0.11%
144	Axis Aggressive Hybrid Fund	Axis Mutual Fund	Hybrid	0.1%
145	Mahindra Manulife Arbitrage Fund	Mahindra Manulife Mutual Fund	Hybrid	0.1%
146	NJ Arbitrage Fund	NJ Mutual Fund	Hybrid	0.1%
147	NJ Balanced Advantage Fund	NJ Mutual Fund	Hybrid	0.06%
148	Aditya Birla Sun Life Arbitrage Fund	Aditya Birla Sun Life Mutual Fund	Hybrid	0.05%
149	Axis Balanced Advantage Fund	Axis Mutual Fund	Hybrid	0.05%
150	ICICI PRUDENTIAL HOUSING OPPORTUNITIES FUND	ICICI Prudential Mutual Fund	Thematic	0.05%
151	Mirae Asset Arbitrage Fund	Mirae Asset Mutual Fund	Hybrid	0.05%
152	DSP Arbitrage Fund	DSP Mutual Fund	Hybrid	0.03%
153	HDFC Arbitrage Fund	HDFC Mutual Fund	Hybrid	0.03%
154	Parag Parikh Flexi Cap Fund	PPFAS Mutual Fund	Equity	0.03%
155	Aditya Birla Sun Life Balanced Advantage Fund	Aditya Birla Sun Life Mutual Fund	Hybrid	0%
156	Franklin India Arbitrage Fund	Franklin Templeton Mutual Fund	Hybrid	0%
157	HSBC Arbitrage Fund	HSBC Mutual Fund	Hybrid	0%
158	Kotak Arbitrage Fund	Kotak Mahindra Mutual Fund	Hybrid	0%
159	TATA ARBITRAGE FUND	Tata Mutual Fund	Hybrid	0%
160	TATA BALANCED ADVANTAGE FUND	Tata Mutual Fund	Hybrid	0%
161	TATA MULTI ASSET ALLOCATION FUND	Tata Mutual Fund	Hybrid	0%

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.