Nuvama Alternative & Quantitative Research has released its report, revealing significant activity across key mutual fund houses. The data highlights new entries, complete exits, top additions, and reductions made by major mutual funds, along with their top holdings in both largecap and midcap segments.
HDFC Mutual Fund saw Swiggy Ltd and Schloss Bangalore enter its portfolio as new entries, while Mahindra Holiday and BSE were completely exited. Major additions included St Bk of India, Havells India, and Bank of Baroda, while reductions were observed in Hind. Aeronautics, Max Healthcare, and TCS. HDFC Bank remained its top largecap holding, while Max Financial topped the midcap holdings.
SBI Mutual Fund introduced Eternal Ltd, Asian Paints, and BHEL as new entries. It exited Coromandel Inter., Sanofi Consumer, and Go Digit General. Additions were made in Eternal Ltd, ITC, and Bajaj Auto, while reductions occurred in K & M, Bajaj Finance, and The Ramco Cement. Top largecap holding was HDFC Bank, and midcap holding was Page Industries.
Kotak Mutual Fund added Swiggy Ltd, KFin Technology, and PNB Housing as new entries while completely exiting Bajaj Auto, Vedant Fashions, and BHEL. Significant additions included Dixon Technology, Bajaj Auto, and ITC, while reductions were seen in Bajaj Finance, Reliance Industr., and Varun Beverages. Its top largecap holding was ICICI Bank and midcap holding was Muthoot Finance.
Axis Mutual Fund welcomed The Ramco Cement, BPCL, and SAIL as new entries while fully exiting Ambuja Cements, Life Insurance, and Shriram Finance. Top additions were Reliance Industr., Larsen & Toubro, and ITC, while reductions were seen in Kotak Mah. Bank, Sun Pharma. Inds., and Varun Beverages. HDFC Bank was the top largecap holding, with Bharat Electron leading the midcaps.
Nippon India Mutual Fund introduced BPCL, SAIL, and Bajaj Auto while exiting Zydus Lifesci., Greenpanel Inds., and ITC. Swiggy Ltd, Interglobe Aviat, and Container Corp. were top additions, while reductions occurred in Dixon Technolog., Eicher Motors, and Bajaj Finserv. Reliance Industr. topped largecap holdings and Indian Hotels Co led midcaps.
Quant Mutual Fund brought in ITC, BHEL, and DLF as new entries while exiting Bajaj Auto, Bajaj Finserv, and Coforge. Key additions included K P R Mill Ltd, NTPC, and FSN E-Commerce, with reductions seen in Bajaj Finserv, Bajaj Finance, and Adani Power. HDFC Bank remained the top largecap holding, with Samvardh. Mothe. as the top midcap.
ICICI Pru Mutual Fund's new entries were Supratik Engg., Blue Star, and GE Shipping Co. Complete exits included Delivery, Dr Lal Pathlabs, and India Cements. Top additions were NTPC, Hind. Unilever, and Sun Pharma. Inds., while top reductions were FSN E-Commerce, Dolat Indus., and Dalmia Bharat Ltd. ICICI Bank led largecap holdings, while Hero Motocorp was the top midcap holding.
Aditya Birla SL Mutual Fund introduced Dr Lal Pathlabs, KEI Industries, and Suzlon Energy while exiting CMS Info Systems, MRF, and IRB Infra. Devl.. Interglobe Aviat, PNB Housing, and Apollo Hospitals were top additions, while reductions occurred in Bank of Baroda, Power Grid, and GE T&D. ICICI Bank was the top largecap holding, with Cummins India leading midcaps.
UTI Mutual Fund welcomed HDFC AMC, PNB Housing, and Bank of Baroda while exiting Bajaj Holdings, Titan Company, and Axis Bank. Top additions were IndusInd Bank, Bharat Electron, and Bajaj Finance, while reductions were seen in HDFC Life Insur., Polycab India, and Trent. HDFC Bank was its top largecap holding, and AU Small Finance led midcaps.
Motilal Oswal Mutual Fund added CDS L, PNB Housing, and K P R Mill Ltd as new entries while exiting Praj Industries, Electrocast. Ltd., and Blue Star. Bharti Airtel, Dixon Technology, and FSN E-Commerce were key additions, while Coforge, Cholaman.Inv.&Fin, and ACC saw reductions. HDFC Bank led largecap holdings, and Kalyan Jewellers led midcaps.
Mirae Mutual Fund introduced Vijaya Diagnost., BirlaSoft Ltd., and Wendt India while exiting Dalmia Bharat Ltd., ACC, and Adani Ports. Additions were made in Maruti Suzuki, Lupin, and Cummins India, while reductions were seen in ICICI Bank, Axis Bank, and HDFC Bank. HDFC Bank remained the top largecap holding and One 97 the top midcap holding.
This detailed snapshot gives investors a clear perspective on the evolving strategies of leading mutual funds and where institutional money is moving within the equity markets.
Disclaimer: The information provided here is sourced from Nuvama Alternative & Quantitative Research for May 2025 and is for informational purposes only. Investors are advised to do their own research or consult their financial advisor before making any investment decisions.
