Mutual Funds Holding Piramal Finance Limited

Financial Services84 fundsISIN INE202B01038

As of 30 September 2026, 84 Indian mutual funds hold Piramal Finance Limited (Financial Services), led by quant Business Cycle Fund at 9.23% of its net assets, per the AMCs' SEBI-mandated monthly disclosures.

As of 30 September 2026, 84 Indian mutual fund schemes disclose a holding in Piramal 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 84 funds holding Piramal Finance Limited, the average position size is 1.67% of net assets. The highest-conviction holder is quant Business Cycle Fund (Thematic), at 9.23%. Equity funds account for 52 of the 84 holders, with the rest spread across 2 other categories. Over the last month, 4 funds initiated a new position and 5 funds exited, with the largest weight change at quant Business Cycle Fund (-1.64pp to 9.23%).

Fund Activity Last Month

How funds changed their Piramal 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.

4 started a position5 exited14 increased15 reduced

New Positions

Baroda BNP Paribas Banking & Financial Services Fund at 1.19%
Baroda BNP Paribas Services Fund at 0.96%
Baroda BNP Paribas Mid Cap Fund at 0.73%
Bandhan Large & Mid Cap Fund at 0.19%

Complete Exits

quant Equity Savings Fund was 7.79%
Motilal Oswal Active Momentum Fund was 2.83%
JM Small Cap Fund was 0.59%
Aditya Birla Sun Life Equity Savings Fund was 0.43%
ICICI Prudential Equity Savings Fund was 0.31%

Weight Increased

Fund	Weight	Change
Mahindra Manulife Banking & Financial Services Fund	0.28% → 1.66%	▲ +1.38
Mahindra Manulife Mid Cap Fund	0.27% → 1.16%	▲ +0.89
Mahindra Manulife Aggressive Hybrid Fund	0.19% → 1.01%	▲ +0.82
HSBC Flexi Cap Fund	1.07% → 1.61%	▲ +0.54
NIPPON INDIA BANKING & FINANCIAL SERVICES FUND	1.46% → 1.93%	▲ +0.47
Kotak Flexicap Fund	0.29% → 0.69%	▲ +0.4
Abakkus Large & Mid Cap Fund	1.73% → 2.09%	▲ +0.36
HSBC Large & Mid Cap Fund	2.29% → 2.59%	▲ +0.3
Bandhan Mid Cap Fund	0.84% → 1.13%	▲ +0.29
Kotak Focused Fund	2.46% → 2.75%	▲ +0.29
Nippon India Vision Large & Mid Cap Fund	1.1% → 1.38%	▲ +0.28
Nippon India Multi Cap Fund	0.11% → 0.26%	▲ +0.15
HSBC Financial Services Fund	1.71% → 1.84%	▲ +0.13
HSBC Multi Asset Allocation Fund	1.85% → 1.97%	▲ +0.12

Weight Reduced

Fund	Weight	Change
quant Business Cycle Fund	10.87% → 9.23%	▼ -1.64
Motilal Oswal Special Opportunities Fund	5.92% → 4.47%	▼ -1.45
quant Value Fund	9.96% → 9.13%	▼ -0.83
quant ESG Integration Strategy Fund	7.84% → 7.16%	▼ -0.68
TRUSTMF Small Cap Fund	1.48% → 0.89%	▼ -0.59
Kotak Special Opportunities Fund	2.43% → 1.92%	▼ -0.51
quant Momentum Fund	9.31% → 8.83%	▼ -0.48
Helios Mid Cap Fund	2.6% → 2.19%	▼ -0.41
Motilal Oswal Multicap Fund	3.18% → 2.87%	▼ -0.31
quant Small Cap Fund	2.8% → 2.49%	▼ -0.31
Motilal Oswal ELSS Tax Saver Fund	3.09% → 2.88%	▼ -0.21
Franklin India Multi Cap Fund	2.15% → 1.97%	▼ -0.18
ICICI Prudential Banking & Financial Services Fund	1.31% → 1.13%	▼ -0.18
Helios Large & Mid Cap Fund	1.42% → 1.27%	▼ -0.15
Axis ESG Integration Strategy Fund	3.17% → 3.05%	▼ -0.12

Funds Holding Piramal Finance Limited

#	Fund	AMC	Category	% to NAV
1	quant Business Cycle Fund	quant Mutual Fund	Thematic	9.23%
2	quant Value Fund	quant Mutual Fund	Equity	9.13%
3	quant Momentum Fund	quant Mutual Fund	Equity	8.83%
4	quant ESG Integration Strategy Fund	quant Mutual Fund	Thematic	7.16%
5	Motilal Oswal Special Opportunities Fund	Motilal Oswal Mutual Fund	Thematic	4.47%
6	HSBC Midcap Fund	HSBC Mutual Fund	Equity	3.92%
7	Axis ESG Integration Strategy Fund	Axis Mutual Fund	Thematic	3.05%
8	Groww Banking & Financial Services Fund	Groww Mutual Fund	Thematic	2.92%
9	Motilal Oswal ELSS Tax Saver Fund	Motilal Oswal Mutual Fund	Equity	2.88%
10	Motilal Oswal Multicap Fund	Motilal Oswal Mutual Fund	Equity	2.87%
11	Kotak Focused Fund	Kotak Mahindra Mutual Fund	Equity	2.75%
12	HSBC Large & Mid Cap Fund	HSBC Mutual Fund	Equity	2.59%
13	quant Small Cap Fund	quant Mutual Fund	Equity	2.49%
14	NIPPON INDIA VALUE FUND	Nippon India Mutual Fund	Equity	2.2%
15	Helios Mid Cap Fund	Helios Mutual Fund	Equity	2.19%
16	TATA BANKING & FINANCIAL SERVICES FUND	Tata Mutual Fund	Thematic	2.13%
17	Abakkus Large & Mid Cap Fund	Abakkus Mutual Fund	Equity	2.09%
18	Helios Financial Services Fund	Helios Mutual Fund	Thematic	2.09%
19	Franklin India Multi Cap Fund	Franklin Templeton Mutual Fund	Equity	1.97%
20	HSBC Multi Asset Allocation Fund	HSBC Mutual Fund	Hybrid	1.97%
21	Kotak Banking and Financial Services Fund	Kotak Mahindra Mutual Fund	Thematic	1.97%
22	Motilal Oswal Financial Services Fund	Motilal Oswal Mutual Fund	Thematic	1.95%
23	NIPPON INDIA BANKING & FINANCIAL SERVICES FUND	Nippon India Mutual Fund	Thematic	1.93%
24	Kotak Special Opportunities Fund	Kotak Mahindra Mutual Fund	Thematic	1.92%
25	HSBC Financial Services Fund	HSBC Mutual Fund	Thematic	1.84%
26	Motilal Oswal Flexi Cap Fund	Motilal Oswal Mutual Fund	Equity	1.82%
27	Kotak Quant Fund	Kotak Mahindra Mutual Fund	Equity	1.75%
28	Mahindra Manulife Focused Fund	Mahindra Manulife Mutual Fund	Equity	1.68%
29	Mahindra Manulife Banking & Financial Services Fund	Mahindra Manulife Mutual Fund	Thematic	1.66%
30	HSBC Flexi Cap Fund	HSBC Mutual Fund	Equity	1.61%
31	Kotak ELSS Tax Saver Fund	Kotak Mahindra Mutual Fund	Equity	1.6%
32	Kotak Large & Midcap Fund	Kotak Mahindra Mutual Fund	Equity	1.57%
33	Kotak Contra Fund	Kotak Mahindra Mutual Fund	Equity	1.44%
34	HSBC Business Cycles Fund	HSBC Mutual Fund	Thematic	1.4%
35	Mahindra Manulife Innovation Opportunities Fund	Mahindra Manulife Mutual Fund	Thematic	1.38%
36	Nippon India Vision Large & Mid Cap Fund	Nippon India Mutual Fund	Equity	1.38%
37	Sundaram Financial Services Opportunities Fund	Sundaram Mutual Fund	Thematic	1.37%
38	TRUSTMF Mid Cap Fund	Trust Mutual Fund	Equity	1.33%
39	Helios Large & Mid Cap Fund	Helios Mutual Fund	Equity	1.27%
40	Kotak Midcap Fund	Kotak Mahindra Mutual Fund	Equity	1.22%
41	Baroda BNP Paribas Banking & Financial Services Fund	Baroda BNP Paribas Mutual Fund	Thematic	1.19%
42	Bandhan Business Cycle Fund	Bandhan Mutual Fund	Thematic	1.18%
43	Mahindra Manulife Mid Cap Fund	Mahindra Manulife Mutual Fund	Equity	1.16%
44	Bandhan Mid Cap Fund	Bandhan Mutual Fund	Equity	1.13%
45	ICICI Prudential Banking & Financial Services Fund	ICICI Prudential Mutual Fund	Thematic	1.13%
46	JM Midcap Fund	JM Financial Mutual Fund	Equity	1.11%
47	JM Large and Midcap Fund	JM Financial Mutual Fund	Equity	1.08%
48	Bandhan Financial Services Fund	Bandhan Mutual Fund	Thematic	1.06%
49	quant Flexi Cap Fund	quant Mutual Fund	Equity	1.04%
50	Mahindra Manulife Aggressive Hybrid Fund	Mahindra Manulife Mutual Fund	Hybrid	1.01%
51	Aditya Birla Sun Life Dividend Yield Fund	Aditya Birla Sun Life Mutual Fund	Equity	0.97%
52	Baroda BNP Paribas Services Fund	Baroda BNP Paribas Mutual Fund	Thematic	0.96%
53	TATA FLEXI CAP FUND	Tata Mutual Fund	Equity	0.92%
54	Sundaram Multi Cap Fund	Sundaram Mutual Fund	Equity	0.91%
55	Aditya Birla Sun Life Banking And Financial Services Fund	Aditya Birla Sun Life Mutual Fund	Thematic	0.89%
56	TRUSTMF Small Cap Fund	Trust Mutual Fund	Equity	0.89%
57	Kotak Multicap Fund	Kotak Mahindra Mutual Fund	Equity	0.87%
58	Aditya Birla Sun Life Multi-Cap Fund	Aditya Birla Sun Life Mutual Fund	Equity	0.85%
59	TRUSTMF Large & Mid Cap Fund	Trust Mutual Fund	Equity	0.85%
60	Aditya Birla Sun Life Special Opportunities Fund	Aditya Birla Sun Life Mutual Fund	Thematic	0.8%
61	Nippon India Balanced Advantage Fund	Nippon India Mutual Fund	Hybrid	0.8%
62	Axis Small Cap Fund	Axis Mutual Fund	Equity	0.78%
63	Baroda BNP Paribas Mid Cap Fund	Baroda BNP Paribas Mutual Fund	Equity	0.73%
64	Aditya Birla Sun Life Conglomerate Fund	Aditya Birla Sun Life Mutual Fund	Thematic	0.72%
65	Mahindra Manulife Flexi Cap Fund	Mahindra Manulife Mutual Fund	Equity	0.72%
66	Kotak Flexicap Fund	Kotak Mahindra Mutual Fund	Equity	0.69%
67	Helios Flexi Cap Fund	Helios Mutual Fund	Equity	0.67%
68	HSBC Multi Cap Fund	HSBC Mutual Fund	Equity	0.63%
69	Franklin India Mid Cap Fund	Franklin Templeton Mutual Fund	Equity	0.6%
70	Kotak Multi Asset Allocation Fund	Kotak Mahindra Mutual Fund	Hybrid	0.57%
71	Bandhan Balanced Advantage Fund	Bandhan Mutual Fund	Hybrid	0.54%
72	Nippon India Growth Mid Cap Fund	Nippon India Mutual Fund	Equity	0.5%
73	HSBC Small Cap Fund	HSBC Mutual Fund	Equity	0.49%
74	Aditya Birla Sun Life Value Fund	Aditya Birla Sun Life Mutual Fund	Equity	0.42%
75	TATA MULTICAP FUND	Tata Mutual Fund	Equity	0.4%
76	JioBlackRock Flexi Cap Fund	Jio BlackRock Mutual Fund	Equity	0.31%
77	Nippon India Multi Cap Fund	Nippon India Mutual Fund	Equity	0.26%
78	Aditya Birla Sun Life Conservative Hybrid Fund	Aditya Birla Sun Life Mutual Fund	Hybrid	0.22%
79	NIPPON INDIA SMALL CAP FUND	Nippon India Mutual Fund	Equity	0.2%
80	Bandhan Large & Mid Cap Fund	Bandhan Mutual Fund	Equity	0.19%
81	Kotak Balanced Advantage Fund	Kotak Mahindra Mutual Fund	Hybrid	0.19%
82	Mahindra Manulife Multi Cap Fund	Mahindra Manulife Mutual Fund	Equity	0.16%
83	Axis Midcap Fund	Axis Mutual Fund	Equity	0.15%
84	JioBlackRock Sector Rotation Fund	Jio BlackRock Mutual Fund	Thematic	0.13%

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.