Mutual Funds Holding IndusInd Bank Limited

Financial Services190 fundsISIN INE095A01012

As of 30 September 2026, 190 Indian mutual funds hold IndusInd Bank Limited (Financial Services), led by LIC MF BANKING AND FINANCIAL SERVICES FUND at 4.62% of its net assets, per the AMCs' SEBI-mandated monthly disclosures.

As of 30 September 2026, 190 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 190 funds holding IndusInd Bank Limited, the average position size is 1.2% of net assets. The highest-conviction holder is LIC MF BANKING AND FINANCIAL SERVICES FUND (Thematic), at 4.62%. Equity funds account for 84 of the 190 holders, with the rest spread across 2 other categories. Over the last month, 11 funds initiated a new position and 9 funds exited, with the largest weight change at Baroda BNP Paribas Banking & Financial Services Fund (-1.5pp to 2.53%).

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.

11 started a position9 exited11 increased15 reduced

Weight Increased

FundWeightChange
Mahindra Manulife Arbitrage Fund0.11% → 1.24%▲ +1.13
Franklin India Arbitrage Fund0.19% → 1.22%▲ +1.03
JioBlackRock Arbitrage Fund0.04% → 0.7%▲ +0.66
Motilal Oswal Arbitrage Fund0.1% → 0.75%▲ +0.65
Nippon India Arbitrage Fund0.01% → 0.6%▲ +0.59
Aditya Birla Sun Life Arbitrage Fund0.09% → 0.57%▲ +0.48
SBI Arbitrage Fund0.06% → 0.43%▲ +0.37
Bajaj Finserv Arbitrage Fund0.27% → 0.59%▲ +0.32
Edelweiss Arbitrage Fund0.08% → 0.36%▲ +0.28
Edelweiss Equity Savings Fund0.21% → 0.43%▲ +0.22
Invesco India Flexi Cap Fund0.99% → 1.13%▲ +0.14

Weight Reduced

FundWeightChange
Baroda BNP Paribas Banking & Financial Services Fund4.03% → 2.53%▼ -1.5
ICICI Prudential Conglomerate Fund1.58% → 0.65%▼ -0.93
Baroda BNP Paribas Flexi Cap Fund2.88% → 1.98%▼ -0.9
Baroda BNP Paribas Focused Fund3.47% → 2.65%▼ -0.82
Kotak Special Opportunities Fund3.11% → 2.44%▼ -0.67
Mahindra Manulife Large & Mid Cap Fund2.7% → 2.04%▼ -0.66
Motilal Oswal Multicap Fund3.59% → 2.94%▼ -0.65
Bandhan Large & Mid Cap Fund0.93% → 0.31%▼ -0.62
Old Bridge Arbitrage Fund0.76% → 0.16%▼ -0.6
Mirae Asset Multicap Fund1.98% → 1.39%▼ -0.59
Groww Banking & Financial Services Fund2.34% → 1.76%▼ -0.58
Kotak Dividend Yield Fund2.57% → 2%▼ -0.57
Mirae Asset ELSS Tax Saver Fund2.1% → 1.53%▼ -0.57
Mirae Asset Midcap Fund3.18% → 2.69%▼ -0.49
Mirae Asset Large & Midcap Fund1.96% → 1.52%▼ -0.44

Funds Holding IndusInd Bank Limited

#FundAMCCategory% to NAV
1LIC MF BANKING AND FINANCIAL SERVICES FUNDLIC Mutual FundThematic4.62%
2Zerodha Life Cycle Fund 2031Zerodha Mutual FundHybrid4.04%
3Motilal Oswal Financial Services FundMotilal Oswal Mutual FundThematic3.58%
4Invesco India Midcap FundInvesco Mutual FundEquity3.51%
5Motilal Oswal Business Cycle FundMotilal Oswal Mutual FundThematic3.29%
6Motilal Oswal Focused FundMotilal Oswal Mutual FundEquity3.28%
7Motilal Oswal Balanced Advantage FundMotilal Oswal Mutual FundHybrid3.2%
8Mahindra Manulife Mid Cap FundMahindra Manulife Mutual FundEquity3.19%
9Mahindra Manulife Focused FundMahindra Manulife Mutual FundEquity3.15%
10Motilal Oswal Flexi Cap FundMotilal Oswal Mutual FundEquity3.05%
11LIC MF FLEXI CAP FUNDLIC Mutual FundEquity2.98%
12Kotak Multicap FundKotak Mahindra Mutual FundEquity2.97%
13Motilal Oswal Multicap FundMotilal Oswal Mutual FundEquity2.94%
14TATA MID CAP FUNDTata Mutual FundEquity2.92%
15Mirae Asset Midcap FundMirae Asset Mutual FundEquity2.69%
16NIPPON INDIA VALUE FUNDNippon India Mutual FundEquity2.69%
17Baroda BNP Paribas Focused FundBaroda BNP Paribas Mutual FundEquity2.65%
18NIPPON INDIA BANKING & FINANCIAL SERVICES FUNDNippon India Mutual FundThematic2.65%
19Invesco India Business Cycle FundInvesco Mutual FundThematic2.62%
20Baroda BNP Paribas Large & Mid Cap FundBaroda BNP Paribas Mutual FundEquity2.58%
21ICICI Prudential Large & Mid Cap FundICICI Prudential Mutual FundEquity2.58%
22Baroda BNP Paribas Banking & Financial Services FundBaroda BNP Paribas Mutual FundThematic2.53%
23Kotak Banking and Financial Services FundKotak Mahindra Mutual FundThematic2.51%
24Mahindra Manulife Business Cycle FundMahindra Manulife Mutual FundThematic2.51%
25Kotak Special Opportunities FundKotak Mahindra Mutual FundThematic2.44%
26HDFC Business Cycle FundHDFC Mutual FundThematic2.41%
27LIC MF MID CAP FUNDLIC Mutual FundEquity2.25%
28Axis Business Cycles FundAxis Mutual FundThematic2.21%
29Invesco India Large Mid Cap FundInvesco Mutual FundEquity2.18%
30ITI Arbitrage FundITI Mutual FundHybrid2.14%
31Mahindra Manulife Balanced Advantage FundMahindra Manulife Mutual FundHybrid2.11%
32ITI Large & Mid Cap FundITI Mutual FundEquity2.07%
33Mahindra Manulife Banking & Financial Services FundMahindra Manulife Mutual FundThematic2.05%
34Mahindra Manulife Large & Mid Cap FundMahindra Manulife Mutual FundEquity2.04%
35Invesco India Financial Services FundInvesco Mutual FundThematic2.02%
36Mahindra Manulife Value FundMahindra Manulife Mutual FundEquity2.01%
37Kotak Dividend Yield FundKotak Mahindra Mutual FundEquity2%
38Sundaram Value FundSundaram Mutual FundEquity2%
39Baroda BNP Paribas Flexi Cap FundBaroda BNP Paribas Mutual FundEquity1.98%
40Quantum ELSS Tax Saver FundQuantum Mutual FundThematic1.97%
41Quantum Value FundQuantum Mutual FundEquity1.95%
42Invesco India Multicap FundInvesco Mutual FundEquity1.94%
43Baroda BNP Paribas Balanced Advantage FundBaroda BNP Paribas Mutual FundHybrid1.89%
44Baroda BNP Paribas Business Conglomerates FundBaroda BNP Paribas Mutual FundThematic1.87%
45Invesco India Contra FundInvesco Mutual FundEquity1.86%
46Sundaram Flexi Cap FundSundaram Mutual FundEquity1.85%
47Sundaram ELSS Tax Saver FundSundaram Mutual FundEquity1.82%
48Sundaram Mid Cap FundSundaram Mutual FundEquity1.82%
49Groww Banking & Financial Services FundGroww Mutual FundThematic1.76%
50UTI Value FundUTI Mutual FundEquity1.72%
51Mahindra Manulife Large Cap FundMahindra Manulife Mutual FundEquity1.66%
52TATA FLEXI CAP FUNDTata Mutual FundEquity1.66%
53HDFC Large Cap FundHDFC Mutual FundEquity1.57%
54Mirae Asset Banking and Financial Services FundMirae Asset Mutual FundThematic1.57%
55HDFC Dividend Yield FundHDFC Mutual FundEquity1.55%
56Mirae Asset ELSS Tax Saver FundMirae Asset Mutual FundEquity1.53%
57WhiteOak Capital Mid Cap FundWhiteOak Capital Mutual FundEquity1.53%
58Mirae Asset Large & Midcap FundMirae Asset Mutual FundEquity1.52%
59Mahindra Manulife Flexi Cap FundMahindra Manulife Mutual FundEquity1.5%
60ITI Banking and Financial Services FundITI Mutual FundThematic1.49%
61ITI Mid Cap FundITI Mutual FundEquity1.49%
62Kotak Large & Midcap FundKotak Mahindra Mutual FundEquity1.47%
63Kotak Contra FundKotak Mahindra Mutual FundEquity1.43%
64Mahindra Manulife ELSS Tax Saver FundMahindra Manulife Mutual FundEquity1.43%
65Kotak Equity Savings FundKotak Mahindra Mutual FundHybrid1.42%
66Mirae Asset Multicap FundMirae Asset Mutual FundEquity1.39%
67Axis Large & Mid Cap FundAxis Mutual FundEquity1.37%
68Mahindra Manulife Aggressive Hybrid FundMahindra Manulife Mutual FundHybrid1.36%
69ICICI Prudential Multi-Asset FundICICI Prudential Mutual FundHybrid1.35%
70TATA BANKING & FINANCIAL SERVICES FUNDTata Mutual FundThematic1.35%
71CANARA ROBECO MID CAP FUNDCanara Robeco Mutual FundEquity1.34%
72Kotak ELSS Tax Saver FundKotak Mahindra Mutual FundEquity1.34%
73ICICI Prudential Midcap FundICICI Prudential Mutual FundEquity1.3%
74HSBC Midcap FundHSBC Mutual FundEquity1.28%
75Kotak Flexicap FundKotak Mahindra Mutual FundEquity1.27%
76HDFC Large and Mid Cap FundHDFC Mutual FundEquity1.26%
77Baroda BNP Paribas Multi Cap FundBaroda BNP Paribas Mutual FundEquity1.24%
78Mahindra Manulife Arbitrage FundMahindra Manulife Mutual FundHybrid1.24%
79Franklin India Arbitrage FundFranklin Templeton Mutual FundHybrid1.22%
80ICICI Prudential Multi Asset Allocation FundICICI Prudential Mutual FundHybrid1.22%
81Nippon India Vision Large & Mid Cap FundNippon India Mutual FundEquity1.22%
82TATA ELSS FUNDTata Mutual FundEquity1.21%
83ICICI Prudential Infrastructure FundICICI Prudential Mutual FundThematic1.18%
84Aditya Birla Sun Life Esg Integration Strategy FundAditya Birla Sun Life Mutual FundThematic1.16%
85Baroda BNP Paribas Value FundBaroda BNP Paribas Mutual FundEquity1.15%
86ITI Value FundITI Mutual FundEquity1.15%
87TATA DIVIDEND YIELD FUNDTata Mutual FundEquity1.15%
88Invesco India Flexi Cap FundInvesco Mutual FundEquity1.13%
89TATA ELSS - TAX SAVER FUNDTata Mutual FundEquity1.13%
90HDFC Mid Cap FundHDFC Mutual FundEquity1.11%
91Invesco India Smallcap FundInvesco Mutual FundEquity1.11%
92HDFC Banking & Financial Services FundHDFC Mutual FundThematic1.08%
93Zerodha Arbitrage FundZerodha Mutual FundHybrid1.08%
94WhiteOak Capital Banking & Financial Services FundWhiteOak Capital Mutual FundThematic1.03%
95Mahindra Manulife Multi Cap FundMahindra Manulife Mutual FundEquity1.02%
96ITI ELSS Tax Saver FundITI Mutual FundEquity1.01%
97UTI Large & Mid Cap FundUTI Mutual FundEquity1%
98Baroda BNP Paribas Large Cap FundBaroda BNP Paribas Mutual FundEquity0.99%
99Sundaram Business Cycle FundSundaram Mutual FundThematic0.98%
100PGIM INDIA ARBITRAGE FUNDPGIM India Mutual FundHybrid0.97%
101Quantum ESG Best In Class Strategy FundQuantum Mutual FundThematic0.94%
102WhiteOak Capital Large & Mid Cap FundWhiteOak Capital Mutual FundEquity0.92%
103Groww Aggressive Hybrid FundGroww Mutual FundHybrid0.91%
104Baroda BNP Paribas Equity Savings FundBaroda BNP Paribas Mutual FundHybrid0.9%
105Quantum Small Cap FundQuantum Mutual FundEquity0.89%
106Kotak MNC FundKotak Mahindra Mutual FundThematic0.88%
107ICICI Prudential Dividend Yield Equity FundICICI Prudential Mutual FundEquity0.86%
108Groww Multi Asset Allocation FundGroww Mutual FundHybrid0.85%
109ICICI Prudential Dividend Yield FundICICI Prudential Mutual FundEquity0.82%
110WhiteOak Capital Special Opportunities FundWhiteOak Capital Mutual FundThematic0.82%
111Bandhan Balanced Advantage FundBandhan Mutual FundHybrid0.81%
112Bandhan Financial Services FundBandhan Mutual FundThematic0.81%
113UTI - Banking and Financial Services FundUTI Mutual FundThematic0.8%
114Motilal Oswal Arbitrage FundMotilal Oswal Mutual FundHybrid0.75%
115Groww ELSS Tax Saver FundGroww Mutual FundEquity0.72%
116Axis Multicap FundAxis Mutual FundEquity0.71%
117UTI Aggressive Hybrid FundUTI Mutual FundHybrid0.71%
118Baroda BNP Paribas Multi Asset FundBaroda BNP Paribas Mutual FundHybrid0.7%
119JioBlackRock Arbitrage FundJio BlackRock Mutual FundHybrid0.7%
120Axis Equity Savings FundAxis Mutual FundHybrid0.69%
121ICICI Prudential Equity & Debt FundICICI Prudential Mutual FundHybrid0.69%
122ICICI Prudential Multicap FundICICI Prudential Mutual FundEquity0.69%
123Axis Value FundAxis Mutual FundEquity0.68%
124Bandhan Business Cycle FundBandhan Mutual FundThematic0.68%
125Baroda BNP Paribas Aggressive Hybrid FundBaroda BNP Paribas Mutual FundHybrid0.68%
126Mirae Asset Large Cap FundMirae Asset Mutual FundEquity0.67%
127UTI - Large Cap FundUTI Mutual FundEquity0.67%
128ICICI Prudential Conglomerate FundICICI Prudential Mutual FundThematic0.65%
129WhiteOak Capital Multi Cap FundWhiteOak Capital Mutual FundEquity0.65%
130HDFC Balanced Advantage FundHDFC Mutual FundHybrid0.62%
131LIC MF ARBITRAGE FUNDLIC Mutual FundHybrid0.62%
132ICICI Prudential Aggressive Hybrid FundICICI Prudential Mutual FundHybrid0.61%
133Nippon India Arbitrage FundNippon India Mutual FundHybrid0.6%
134Bajaj Finserv Arbitrage FundBajaj Finserv Mutual FundHybrid0.59%
135WhiteOak Capital Large Cap FundWhiteOak Capital Mutual FundEquity0.59%
136Aditya Birla Sun Life Arbitrage FundAditya Birla Sun Life Mutual FundHybrid0.57%
137UTI - Master Equity Plan Unit SchemeUTI Mutual FundEquity0.57%
138Zerodha Life Cycle Fund 2041Zerodha Mutual FundHybrid0.57%
139Baroda BNP Paribas Mid Cap FundBaroda BNP Paribas Mutual FundEquity0.56%
140TRUSTMF Arbitrage FundTrust Mutual FundHybrid0.55%
141Union Equity Savings FundUnion Mutual FundHybrid0.5%
142ICICI Prudential India Opportunities FundICICI Prudential Mutual FundEquity0.48%
143Zerodha Life Cycle Fund 2036Zerodha Mutual FundHybrid0.48%
144Mirae Asset Arbitrage FundMirae Asset Mutual FundHybrid0.45%
145ICICI Prudential ELSS Tax Saver FundICICI Prudential Mutual FundEquity0.44%
146Union Balanced Advantage FundUnion Mutual FundHybrid0.44%
147Edelweiss Equity Savings FundEdelweiss Mutual FundHybrid0.43%
148SBI Arbitrage FundSBI Mutual FundHybrid0.43%
149Bandhan Arbitrage FundBandhan Mutual FundHybrid0.39%
150UTI Conservative Hybrid FundUTI Mutual FundHybrid0.39%
151Union Arbitrage FundUnion Mutual FundHybrid0.37%
152Edelweiss Arbitrage FundEdelweiss Mutual FundHybrid0.36%
153Groww Arbitrage FundGroww Mutual FundHybrid0.36%
154JioBlackRock Sector Rotation FundJio BlackRock Mutual FundThematic0.35%
155Bandhan Small Cap FundBandhan Mutual FundEquity0.32%
156Bandhan Large & Mid Cap FundBandhan Mutual FundEquity0.31%
157ICICI Prudential Equity Savings FundICICI Prudential Mutual FundHybrid0.3%
158Axis Midcap FundAxis Mutual FundEquity0.29%
159ICICI Prudential Value FundICICI Prudential Mutual FundEquity0.27%
160ICICI Prudential Arbitrage FundICICI Prudential Mutual FundHybrid0.25%
161ICICI Prudential Balanced Advantage FundICICI Prudential Mutual FundHybrid0.25%
162NIPPON INDIA EQUITY SAVINGS FUNDNippon India Mutual FundHybrid0.24%
163Mirae Asset Equity Savings FundMirae Asset Mutual FundHybrid0.21%
164UTI - Equity Savings FundUTI Mutual FundHybrid0.21%
165Bandhan Multi Asset Allocation FundBandhan Mutual FundHybrid0.19%
166Kotak Debt Hybrid FundKotak Mahindra Mutual FundHybrid0.19%
167DSP Arbitrage FundDSP Mutual FundHybrid0.18%
168Kotak Conservative Hybrid FundKotak Mahindra Mutual FundHybrid0.18%
169Nippon India Conservative Hybrid FundNippon India Mutual FundHybrid0.17%
170SBI Equity Savings FundSBI Mutual FundHybrid0.17%
171Axis Arbitrage FundAxis Mutual FundHybrid0.16%
172Old Bridge Arbitrage FundOld Bridge Mutual FundHybrid0.16%
173HSBC Equity Savings FundHSBC Mutual FundHybrid0.13%
174SBI Arbitrage Opportunities FundSBI Mutual FundHybrid0.12%
175SBI Balanced Advantage FundSBI Mutual FundHybrid0.12%
176WhiteOak Capital Equity Savings FundWhiteOak Capital Mutual FundHybrid0.1%
177Edelweiss Multi Asset Allocation FundEdelweiss Mutual FundHybrid0.09%
178JM Arbitrage FundJM Financial Mutual FundHybrid0.06%
179ICICI PRUDENTIAL HOUSING OPPORTUNITIES FUNDICICI Prudential Mutual FundThematic0.05%
180NJ Balanced Advantage FundNJ Mutual FundHybrid0.05%
181Parag Parikh Flexi Cap FundPPFAS Mutual FundEquity0.03%
182Axis Balanced Advantage FundAxis Mutual FundHybrid0.02%
183HDFC Arbitrage FundHDFC Mutual FundHybrid0.02%
184Aditya Birla Sun Life Equity Savings FundAditya Birla Sun Life Mutual FundHybrid0.01%
185Aditya Birla Sun Life Balanced Advantage FundAditya Birla Sun Life Mutual FundHybrid0%
186Kotak Arbitrage FundKotak Mahindra Mutual FundHybrid0%
187TATA BALANCED ADVANTAGE FUNDTata Mutual FundHybrid0%
188TATA MULTI ASSET ALLOCATION FUNDTata Mutual FundHybrid0%
189UTI - Arbitrage FundUTI Mutual FundHybrid0%
190TATA ARBITRAGE FUNDTata 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.