As of 30 September 2026, 91 Indian mutual funds hold Steel Authority of India Limited (Materials), led by Edelweiss Equity Savings Fund at 4.26% of its net assets, per the AMCs' SEBI-mandated monthly disclosures.
As of 30 September 2026, 91 Indian mutual fund schemes disclose a holding in Steel Authority of India 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.
Across the 91 funds holding Steel Authority of India Limited, the average position size is 1.16% of net assets. The highest-conviction holder is Edelweiss Equity Savings Fund (Hybrid), at 4.26%. Hybrid funds account for 48 of the 91 holders, with the rest spread across 2 other categories. Over the last month, 2 funds initiated a new position and 6 funds exited, with the largest weight change at HSBC Arbitrage Fund (+1.99pp to 3.92%).
How funds changed their Steel Authority of India Limited position between their two latest monthly disclosures. Weights are % to NAV; weight moves can also reflect price changes, not only buying or selling.
| Fund | Weight | Change |
|---|---|---|
| HSBC Arbitrage Fund | 1.93% → 3.92% | ▲ +1.99 |
| Bajaj Finserv ELSS Tax Saver Fund | 2.23% → 3.85% | ▲ +1.62 |
| Mahindra Manulife Business Cycle Fund | 1.29% → 1.69% | ▲ +0.4 |
| Mirae Asset Midcap Fund | 3.54% → 3.76% | ▲ +0.22 |
| Bajaj Finserv Balanced Advantage Fund | 0.76% → 0.97% | ▲ +0.21 |
| Mahindra Manulife Value Fund | 1.71% → 1.88% | ▲ +0.17 |
| Aditya Birla Sun Life Quant Fund | 0.95% → 1.08% | ▲ +0.13 |
| Fund | Weight | Change |
|---|---|---|
| JioBlackRock Arbitrage Fund | 1.66% → 0.06% | ▼ -1.6 |
| SBI Multi Asset Allocation Fund | 0.58% → 0.09% | ▼ -0.49 |
| Edelweiss Equity Savings Fund | 4.7% → 4.26% | ▼ -0.44 |
| Kotak Equity Savings Fund | 0.83% → 0.45% | ▼ -0.38 |
| ICICI Prudential Active Momentum Fund | 2.29% → 1.94% | ▼ -0.35 |
| JioBlackRock Large Cap Fund | 1.39% → 1.07% | ▼ -0.32 |
| UTI - Mid Cap Fund | 1.48% → 1.22% | ▼ -0.26 |
| Capitalmind Arbitrage Fund | 3.61% → 3.36% | ▼ -0.25 |
| Edelweiss Multi Asset Allocation Fund | 3.56% → 3.31% | ▼ -0.25 |
| Bajaj Finserv Arbitrage Fund | 3.15% → 2.92% | ▼ -0.23 |
| Baroda BNP Paribas Arbitrage Fund | 1.8% → 1.58% | ▼ -0.22 |
| # | Fund | AMC | Category | % to NAV |
|---|---|---|---|---|
| 1 | Edelweiss Equity Savings Fund | Edelweiss Mutual Fund | Hybrid | 4.26% |
| 2 | Bank Of India Mid Cap Tax Fund Series 2 | Bank of India Mutual Fund | Equity | 4.08% |
| 3 | HSBC Arbitrage Fund | HSBC Mutual Fund | Hybrid | 3.92% |
| 4 | Bajaj Finserv ELSS Tax Saver Fund | Bajaj Finserv Mutual Fund | Equity | 3.85% |
| 5 | Mirae Asset Midcap Fund | Mirae Asset Mutual Fund | Equity | 3.76% |
| 6 | Bank Of India Arbitrage Fund | Bank of India Mutual Fund | Hybrid | 3.62% |
| 7 | Capitalmind Arbitrage Fund | Capitalmind Mutual Fund | Hybrid | 3.36% |
| 8 | Edelweiss Multi Asset Allocation Fund | Edelweiss Mutual Fund | Hybrid | 3.31% |
| 9 | Bajaj Finserv Arbitrage Fund | Bajaj Finserv Mutual Fund | Hybrid | 2.92% |
| 10 | Taurus Infrastructure Fund | Taurus Mutual Fund | Thematic | 2.87% |
| 11 | Bank Of India Mid Cap Tax Fund Series 1 | Bank of India Mutual Fund | Equity | 2.63% |
| 12 | Mirae Asset Large & Midcap Fund | Mirae Asset Mutual Fund | Equity | 2.25% |
| 13 | Bank Of India Manufacturing and Infrastructure Fund | Bank of India Mutual Fund | Thematic | 2.19% |
| 14 | ICICI Prudential Commodities Fund | ICICI Prudential Mutual Fund | Thematic | 2.14% |
| 15 | Kotak Active Momentum Fund | Kotak Mahindra Mutual Fund | Equity | 2.13% |
| 16 | Mirae Asset Multicap Fund | Mirae Asset Mutual Fund | Equity | 2% |
| 17 | Edelweiss Business Cycle Fund | Edelweiss Mutual Fund | Thematic | 1.99% |
| 18 | Bajaj Finserv Multi Cap Fund | Bajaj Finserv Mutual Fund | Equity | 1.98% |
| 19 | ICICI Prudential Active Momentum Fund | ICICI Prudential Mutual Fund | Equity | 1.94% |
| 20 | Mahindra Manulife Value Fund | Mahindra Manulife Mutual Fund | Equity | 1.88% |
| 21 | Mirae Asset ELSS Tax Saver Fund | Mirae Asset Mutual Fund | Equity | 1.84% |
| 22 | Bank of India Large & Mid Cap Fund | Bank of India Mutual Fund | Equity | 1.7% |
| 23 | Mahindra Manulife Business Cycle Fund | Mahindra Manulife Mutual Fund | Thematic | 1.69% |
| 24 | Baroda BNP Paribas Arbitrage Fund | Baroda BNP Paribas Mutual Fund | Hybrid | 1.58% |
| 25 | JioBlackRock Flexi Cap Fund | Jio BlackRock Mutual Fund | Equity | 1.57% |
| 26 | Bank Of India Multi Cap Fund | Bank of India Mutual Fund | Equity | 1.37% |
| 27 | HSBC Equity Savings Fund | HSBC Mutual Fund | Hybrid | 1.36% |
| 28 | DSP Arbitrage Fund | DSP Mutual Fund | Hybrid | 1.32% |
| 29 | Bajaj Finserv Small Cap Fund | Bajaj Finserv Mutual Fund | Equity | 1.25% |
| 30 | ICICI Prudential Midcap Fund | ICICI Prudential Mutual Fund | Equity | 1.24% |
| 31 | Motilal Oswal Arbitrage Fund | Motilal Oswal Mutual Fund | Hybrid | 1.23% |
| 32 | UTI - Mid Cap Fund | UTI Mutual Fund | Equity | 1.22% |
| 33 | NJ Arbitrage Fund | NJ Mutual Fund | Hybrid | 1.2% |
| 34 | JM Arbitrage Fund | JM Financial Mutual Fund | Hybrid | 1.18% |
| 35 | Aditya Birla Sun Life Arbitrage Fund | Aditya Birla Sun Life Mutual Fund | Hybrid | 1.15% |
| 36 | WhiteOak Capital Arbitrage Fund | WhiteOak Capital Mutual Fund | Hybrid | 1.13% |
| 37 | Nippon India Arbitrage Fund | Nippon India Mutual Fund | Hybrid | 1.11% |
| 38 | Aditya Birla Sun Life Quant Fund | Aditya Birla Sun Life Mutual Fund | Equity | 1.08% |
| 39 | Franklin India Multi-Factor Fund | Franklin Templeton Mutual Fund | Equity | 1.07% |
| 40 | JioBlackRock Large Cap Fund | Jio BlackRock Mutual Fund | Equity | 1.07% |
| 41 | Edelweiss Aggressive Hybrid Fund | Edelweiss Mutual Fund | Hybrid | 1.03% |
| 42 | Bajaj Finserv Balanced Advantage Fund | Bajaj Finserv Mutual Fund | Hybrid | 0.97% |
| 43 | Bandhan Arbitrage Fund | Bandhan Mutual Fund | Hybrid | 0.96% |
| 44 | Mirae Asset Focused Fund | Mirae Asset Mutual Fund | Equity | 0.94% |
| 45 | Edelweiss Multi Cap Fund | Edelweiss Mutual Fund | Equity | 0.93% |
| 46 | Union Arbitrage Fund | Union Mutual Fund | Hybrid | 0.93% |
| 47 | ITI Business Cycle Fund | ITI Mutual Fund | Thematic | 0.92% |
| 48 | Edelweiss Arbitrage Fund | Edelweiss Mutual Fund | Hybrid | 0.85% |
| 49 | Edelweiss Small Cap Fund | Edelweiss Mutual Fund | Equity | 0.85% |
| 50 | ICICI Prudential Arbitrage Fund | ICICI Prudential Mutual Fund | Hybrid | 0.84% |
| 51 | Edelweiss Mid Cap Fund | Edelweiss Mutual Fund | Equity | 0.83% |
| 52 | Axis Arbitrage Fund | Axis Mutual Fund | Hybrid | 0.8% |
| 53 | Franklin India Arbitrage Fund | Franklin Templeton Mutual Fund | Hybrid | 0.69% |
| 54 | Aditya Birla Sun Life Psu Equity Fund | Aditya Birla Sun Life Mutual Fund | Thematic | 0.68% |
| 55 | HDFC Arbitrage Fund | HDFC Mutual Fund | Hybrid | 0.64% |
| 56 | Edelweiss Large Cap Fund | Edelweiss Mutual Fund | Equity | 0.62% |
| 57 | Samco Large Mid Cap Fund | Samco Mutual Fund | Equity | 0.62% |
| 58 | Mirae Asset Flexi Cap Fund | Mirae Asset Mutual Fund | Equity | 0.6% |
| 59 | HDFC Large and Mid Cap Fund | HDFC Mutual Fund | Equity | 0.56% |
| 60 | SBI Arbitrage Opportunities Fund | SBI Mutual Fund | Hybrid | 0.48% |
| 61 | Bajaj Finserv Multi Asset Allocation Fund | Bajaj Finserv Mutual Fund | Hybrid | 0.47% |
| 62 | SBI Arbitrage Fund | SBI Mutual Fund | Hybrid | 0.46% |
| 63 | Kotak Equity Savings Fund | Kotak Mahindra Mutual Fund | Hybrid | 0.45% |
| 64 | Groww Aggressive Hybrid Fund | Groww Mutual Fund | Hybrid | 0.44% |
| 65 | Bank of India Mid Cap Fund | Bank of India Mutual Fund | Equity | 0.43% |
| 66 | Parag Parikh Arbitrage Fund | PPFAS Mutual Fund | Hybrid | 0.41% |
| 67 | ITI Mid Cap Fund | ITI Mutual Fund | Equity | 0.33% |
| 68 | SBI Equity Savings Fund | SBI Mutual Fund | Hybrid | 0.32% |
| 69 | Bank of India Aggressive Hybrid Fund | Bank of India Mutual Fund | Hybrid | 0.29% |
| 70 | Unifi Dynamic Asset Allocation Fund | Unifi Mutual Fund | Hybrid | 0.28% |
| 71 | WhiteOak Capital Equity Savings Fund | WhiteOak Capital Mutual Fund | Hybrid | 0.27% |
| 72 | Zerodha Life Cycle Fund 2041 | Zerodha Mutual Fund | Hybrid | 0.26% |
| 73 | Bandhan Small Cap Fund | Bandhan Mutual Fund | Equity | 0.23% |
| 74 | Zerodha Life Cycle Fund 2036 | Zerodha Mutual Fund | Hybrid | 0.21% |
| 75 | Bank Of India Small Cap Fund | Bank of India Mutual Fund | Equity | 0.18% |
| 76 | Zerodha Life Cycle Fund 2031 | Zerodha Mutual Fund | Hybrid | 0.16% |
| 77 | ICICI Prudential Multicap Fund | ICICI Prudential Mutual Fund | Equity | 0.15% |
| 78 | JioBlackRock Sector Rotation Fund | Jio BlackRock Mutual Fund | Thematic | 0.15% |
| 79 | Bandhan Multi Asset Allocation Fund | Bandhan Mutual Fund | Hybrid | 0.12% |
| 80 | NJ Balanced Advantage Fund | NJ Mutual Fund | Hybrid | 0.09% |
| 81 | SBI Multi Asset Allocation Fund | SBI Mutual Fund | Hybrid | 0.09% |
| 82 | Kotak Quant Fund | Kotak Mahindra Mutual Fund | Equity | 0.08% |
| 83 | ICICI PRUDENTIAL PSU EQUITY FUND | ICICI Prudential Mutual Fund | Thematic | 0.07% |
| 84 | JioBlackRock Arbitrage Fund | Jio BlackRock Mutual Fund | Hybrid | 0.06% |
| 85 | DSP Equity Savings Fund | DSP Mutual Fund | Hybrid | 0.03% |
| 86 | TATA ARBITRAGE FUND | Tata Mutual Fund | Hybrid | 0.03% |
| 87 | UTI - Arbitrage Fund | UTI Mutual Fund | Hybrid | 0.03% |
| 88 | Kotak Arbitrage Fund | Kotak Mahindra Mutual Fund | Hybrid | 0.01% |
| 89 | Kotak Balanced Advantage Fund | Kotak Mahindra Mutual Fund | Hybrid | 0% |
| 90 | WhiteOak Capital Multi Asset Allocation Fund | WhiteOak Capital Mutual Fund | Hybrid | 0% |
| 91 | quant Arbitrage Fund | quant 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.