Mutual Funds Holding L&T Finance Limited

Financial Services95 fundsISIN INE498L01015

As of 30 September 2026, 95 Indian mutual funds hold L&T Finance Limited (Financial Services), led by Invesco India Midcap Fund at 3.91% of its net assets, per the AMCs' SEBI-mandated monthly disclosures.

As of 30 September 2026, 95 Indian mutual fund schemes disclose a holding in L&T Finance 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 95 funds holding L&T Finance Limited, the average position size is 1.08% of net assets. The highest-conviction holder is Invesco India Midcap Fund (Equity), at 3.91%. Equity funds account for 51 of the 95 holders, with the rest spread across 2 other categories. Over the last month, 12 funds initiated a new position and 14 funds exited, with the largest weight change at SBI Quant Fund (-1.54pp to 0.43%).

Fund Activity Last Month

How funds changed their L&T Finance 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 position14 exited2 increased15 reduced

New Positions

Union Arbitrage Fund at 1.11%
Apex Hybrid Long-Short Fund at 0.88%
Kotak Dividend Yield Fund at 0.87%
CANARA ROBECO BANKING AND FINANCIAL SERVICES FUND at 0.79%
Franklin India Multi-Factor Fund at 0.54%
Bandhan Financial Services Fund at 0.29%
UTI - Banking and Financial Services Fund at 0.25%
Kotak Aggressive Hybrid Fund at 0.17%
Franklin India Arbitrage Fund at 0.07%
JioBlackRock Arbitrage Fund at 0.05%
HDFC Arbitrage Fund at 0.01%
ICICI Prudential Arbitrage Fund at 0%

Complete Exits

Motilal Oswal Financial Services Fund was 2.22%
ITI Banking and Financial Services Fund was 1.27%
ITI Value Fund was 1.27%
Invesco India Elss Tax Saver Fund was 1.27%
ITI Business Cycle Fund was 1.25%
TRUSTMF Large & Mid Cap Fund was 1.18%
TRUSTMF Multi Cap Fund was 1.13%
ITI Balanced Advantage Fund was 1.04%
TRUSTMF Flexi Cap Fund was 0.85%
TRUSTMF Small Cap Fund was 0.72%
NIPPON INDIA VALUE FUND was 0.66%
Mirae Asset Aggressive Hybrid Fund was 0.44%
Mirae Asset Equity Savings Fund was 0.26%
SBI Arbitrage Opportunities Fund was 0.03%

Weight Increased

Fund	Weight	Change
The Wealth Company Balanced Advt Fund	1.31% → 1.6%	▲ +0.29
Invesco India Smallcap Fund	1.52% → 1.72%	▲ +0.2

Weight Reduced

Fund	Weight	Change
SBI Quant Fund	1.97% → 0.43%	▼ -1.54
Samco Mid Cap Fund	4.46% → 3.29%	▼ -1.17
Axis Services Opportunities Fund	3.1% → 1.97%	▼ -1.13
Mahindra Manulife Mid Cap Fund	2.79% → 1.73%	▼ -1.06
TRUSTMF Mid Cap Fund	1.46% → 0.6%	▼ -0.86
Mahindra Manulife Banking & Financial Services Fund	1.78% → 0.94%	▼ -0.84
Edelweiss Business Cycle Fund	1.12% → 0.45%	▼ -0.67
Invesco India Flexi Cap Fund	1.45% → 0.89%	▼ -0.56
Mahindra Manulife ELSS Tax Saver Fund	1% → 0.45%	▼ -0.55
TATA MULTI ASSET ALLOCATION FUND	0.89% → 0.34%	▼ -0.55
Invesco India Business Cycle Fund	2.79% → 2.31%	▼ -0.48
Invesco India Large Mid Cap Fund	2.94% → 2.47%	▼ -0.47
Groww Banking & Financial Services Fund	2.61% → 2.15%	▼ -0.46
Nippon India Active Momentum Fund	2% → 1.58%	▼ -0.42
Samco Multi Asset Allocation Fund	0.63% → 0.21%	▼ -0.42

Funds Holding L&T Finance Limited

#	Fund	AMC	Category	% to NAV
1	Invesco India Midcap Fund	Invesco Mutual Fund	Equity	3.91%
2	Samco Mid Cap Fund	Samco Mutual Fund	Equity	3.29%
3	TATA BUSINESS CYCLE FUND	Tata Mutual Fund	Thematic	2.96%
4	TATA MID CAP FUND	Tata Mutual Fund	Equity	2.94%
5	Kotak Midcap Fund	Kotak Mahindra Mutual Fund	Equity	2.72%
6	Mirae Asset Banking and Financial Services Fund	Mirae Asset Mutual Fund	Thematic	2.69%
7	Invesco India Large Mid Cap Fund	Invesco Mutual Fund	Equity	2.47%
8	Aditya Birla Sun Life Quant Fund	Aditya Birla Sun Life Mutual Fund	Equity	2.35%
9	Invesco India Business Cycle Fund	Invesco Mutual Fund	Thematic	2.31%
10	Bandhan Multi-Factor Fund	Bandhan Mutual Fund	Equity	2.18%
11	Groww Banking & Financial Services Fund	Groww Mutual Fund	Thematic	2.15%
12	Motilal Oswal Midcap Fund	Motilal Oswal Mutual Fund	Equity	2.11%
13	NJ Momentum Fund	NJ Mutual Fund	Equity	2.03%
14	Kotak Active Momentum Fund	Kotak Mahindra Mutual Fund	Equity	1.99%
15	Invesco India Financial Services Fund	Invesco Mutual Fund	Thematic	1.98%
16	Axis Services Opportunities Fund	Axis Mutual Fund	Equity	1.97%
17	Bandhan Mid Cap Fund	Bandhan Mutual Fund	Equity	1.94%
18	Kotak Banking and Financial Services Fund	Kotak Mahindra Mutual Fund	Thematic	1.89%
19	Mirae Asset Midcap Fund	Mirae Asset Mutual Fund	Equity	1.89%
20	CANARA ROBECO MID CAP FUND	Canara Robeco Mutual Fund	Equity	1.8%
21	Aditya Birla Sun Life Midcap Fund	Aditya Birla Sun Life Mutual Fund	Equity	1.73%
22	Mahindra Manulife Mid Cap Fund	Mahindra Manulife Mutual Fund	Equity	1.73%
23	Invesco India Smallcap Fund	Invesco Mutual Fund	Equity	1.72%
24	Edelweiss Financial Services Fund	Edelweiss Mutual Fund	Thematic	1.68%
25	The Wealth Company Balanced Advt Fund	The Wealth Company Mutual Fund	Hybrid	1.6%
26	Nippon India Active Momentum Fund	Nippon India Mutual Fund	Equity	1.58%
27	DSP Mid Cap Fund	DSP Mutual Fund	Equity	1.55%
28	Union Midcap Fund	Union Mutual Fund	Equity	1.47%
29	Mirae Asset Flexi Cap Fund	Mirae Asset Mutual Fund	Equity	1.46%
30	Groww Multicap Fund	Groww Mutual Fund	Equity	1.33%
31	Edelweiss Large & Mid Cap Fund	Edelweiss Mutual Fund	Equity	1.32%
32	Edelweiss Mid Cap Fund	Edelweiss Mutual Fund	Equity	1.32%
33	NIPPON INDIA BANKING & FINANCIAL SERVICES FUND	Nippon India Mutual Fund	Thematic	1.32%
34	Axis Momentum Fund	Axis Mutual Fund	Equity	1.26%
35	Aditya Birla Sun Life Elss Tax Saver Fund	Aditya Birla Sun Life Mutual Fund	Equity	1.25%
36	Baroda BNP Paribas Business Conglomerates Fund	Baroda BNP Paribas Mutual Fund	Thematic	1.24%
37	Union Arbitrage Fund	Union Mutual Fund	Hybrid	1.11%
38	Edelweiss Flexi-Cap Fund	Edelweiss Mutual Fund	Equity	1.09%
39	Mirae Asset Small Cap Fund	Mirae Asset Mutual Fund	Equity	1.06%
40	Nippon India Aggressive Hybrid Fund	Nippon India Mutual Fund	Hybrid	1.04%
41	Mahindra Manulife Large & Mid Cap Fund	Mahindra Manulife Mutual Fund	Equity	0.96%
42	Baroda BNP Paribas Mid Cap Fund	Baroda BNP Paribas Mutual Fund	Equity	0.95%
43	Aditya Birla Sun Life Flexi Cap Fund	Aditya Birla Sun Life Mutual Fund	Equity	0.94%
44	Mahindra Manulife Banking & Financial Services Fund	Mahindra Manulife Mutual Fund	Thematic	0.94%
45	Mirae Asset Large & Midcap Fund	Mirae Asset Mutual Fund	Equity	0.94%
46	CANARA ROBECO LARGE AND MID CAP FUND	Canara Robeco Mutual Fund	Equity	0.93%
47	Aditya Birla Sun Life Business Cycle Fund	Aditya Birla Sun Life Mutual Fund	Thematic	0.92%
48	Baroda BNP Paribas Banking & Financial Services Fund	Baroda BNP Paribas Mutual Fund	Thematic	0.92%
49	Axis Flexi Cap Fund	Axis Mutual Fund	Equity	0.89%
50	Invesco India Flexi Cap Fund	Invesco Mutual Fund	Equity	0.89%
51	Apex Hybrid Long-Short Fund	Aditya Birla Sun Life Mutual Fund	Hybrid	0.88%
52	Kotak Dividend Yield Fund	Kotak Mahindra Mutual Fund	Equity	0.87%
53	Kotak Services Fund	Kotak Mahindra Mutual Fund	Thematic	0.84%
54	Edelweiss Elss Tax Saver Fund	Edelweiss Mutual Fund	Equity	0.81%
55	Invesco India Multicap Fund	Invesco Mutual Fund	Equity	0.8%
56	CANARA ROBECO BANKING AND FINANCIAL SERVICES FUND	Canara Robeco Mutual Fund	Thematic	0.79%
57	HDFC Large and Mid Cap Fund	HDFC Mutual Fund	Equity	0.79%
58	Mahindra Manulife Balanced Advantage Fund	Mahindra Manulife Mutual Fund	Hybrid	0.73%
59	Axis Midcap Fund	Axis Mutual Fund	Equity	0.71%
60	Mahindra Manulife Multi Asset Allocation Fund	Mahindra Manulife Mutual Fund	Hybrid	0.67%
61	Kotak Contra Fund	Kotak Mahindra Mutual Fund	Equity	0.65%
62	Edelweiss Multi Cap Fund	Edelweiss Mutual Fund	Equity	0.62%
63	Kotak Quant Fund	Kotak Mahindra Mutual Fund	Equity	0.6%
64	TRUSTMF Mid Cap Fund	Trust Mutual Fund	Equity	0.6%
65	Franklin India Multi-Factor Fund	Franklin Templeton Mutual Fund	Equity	0.54%
66	ITI Large & Mid Cap Fund	ITI Mutual Fund	Equity	0.54%
67	ITI Mid Cap Fund	ITI Mutual Fund	Equity	0.51%
68	Edelweiss Business Cycle Fund	Edelweiss Mutual Fund	Thematic	0.45%
69	Mahindra Manulife ELSS Tax Saver Fund	Mahindra Manulife Mutual Fund	Equity	0.45%
70	Union Multicap Fund	Union Mutual Fund	Equity	0.44%
71	SBI Quant Fund	SBI Mutual Fund	Equity	0.43%
72	Mahindra Manulife Equity Savings Fund	Mahindra Manulife Mutual Fund	Hybrid	0.38%
73	Mirae Asset Arbitrage Fund	Mirae Asset Mutual Fund	Hybrid	0.35%
74	Aditya Birla Sun Life Balanced Advantage Fund	Aditya Birla Sun Life Mutual Fund	Hybrid	0.34%
75	TATA MULTI ASSET ALLOCATION FUND	Tata Mutual Fund	Hybrid	0.34%
76	Samco Dynamic Asset Allocation Fund	Samco Mutual Fund	Hybrid	0.33%
77	Bandhan Financial Services Fund	Bandhan Mutual Fund	Thematic	0.29%
78	UTI - Banking and Financial Services Fund	UTI Mutual Fund	Thematic	0.25%
79	Zerodha Life Cycle Fund 2041	Zerodha Mutual Fund	Hybrid	0.22%
80	Samco Multi Asset Allocation Fund	Samco Mutual Fund	Hybrid	0.21%
81	WhiteOak Capital Arbitrage Fund	WhiteOak Capital Mutual Fund	Hybrid	0.21%
82	Zerodha Life Cycle Fund 2036	Zerodha Mutual Fund	Hybrid	0.18%
83	Kotak Aggressive Hybrid Fund	Kotak Mahindra Mutual Fund	Hybrid	0.17%
84	SBI Arbitrage Fund	SBI Mutual Fund	Hybrid	0.14%
85	Zerodha Life Cycle Fund 2031	Zerodha Mutual Fund	Hybrid	0.14%
86	JioBlackRock Flexi Cap Fund	Jio BlackRock Mutual Fund	Equity	0.12%
87	JioBlackRock Sector Rotation Fund	Jio BlackRock Mutual Fund	Thematic	0.12%
88	Nippon India Balanced Advantage Fund	Nippon India Mutual Fund	Hybrid	0.11%
89	Franklin India Arbitrage Fund	Franklin Templeton Mutual Fund	Hybrid	0.07%
90	JioBlackRock Arbitrage Fund	Jio BlackRock Mutual Fund	Hybrid	0.05%
91	Aditya Birla Sun Life Arbitrage Fund	Aditya Birla Sun Life Mutual Fund	Hybrid	0.02%
92	HDFC Balanced Advantage Fund	HDFC Mutual Fund	Hybrid	0.02%
93	HDFC Arbitrage Fund	HDFC Mutual Fund	Hybrid	0.01%
94	ICICI Prudential Arbitrage Fund	ICICI Prudential Mutual Fund	Hybrid	0%
95	Kotak Arbitrage Fund	Kotak Mahindra 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.