Which mutual funds hold both Axis Bank and HCL Technologies?

137 funds hold both; the largest combined position is Kotak Services Fund, as on May 2026. Information only, not investment advice.

How many funds hold Axis Bank and HCL Technologies individually?

In our coverage, 304 funds hold Axis Bank and 189 hold HCL Technologies; 137 hold both.

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Stock co-ownership

Mutual funds holding both Axis Bank and HCL Technologies

137 funds hold both · as on May 2026

Hold both

137

Hold Axis

304

Axis Bank

Hold HCL

189

HCL Technologies

Co-Ownership Analysis

Comparing mutual fund co-ownership helps identify hidden asset concentration. Our reverse lookup database shows that 137 mutual funds hold active equity positions in both Axis Bank and HCL Technologies. The scheme with the highest combined exposure is Kotak Services Fund (Kotak MF), which holds a 10.10% stake in Axis Bank and a 2.89% stake in HCL Technologies, amounting to a combined conviction weight of 12.99%.

When multiple mutual funds in your portfolio double-up on the same stock pairs, it limits your diversification benefits. If you also hold either of these companies directly in your demat account, your aggregate exposure is amplified. This co-ownership pattern is standard among index-tracking products but represents active, concentrated strategies in equity schemes.

Funds holding both

Fund	Axis wt.	HCL wt.	Combined
Kotak Services FundKotak MF · Sectoral / Thematic	10.10%	2.89%	12.99%
ICICI Prudential Nifty50 Value 20 Index FundICICI Pru MF · Index Fund	9.06%	3.06%	12.12%
ICICI Prudential Nifty50 Value 20 ETFICICI Pru MF · ETF	9.04%	3.06%	12.10%
HDFC Nifty50 Value 20 ETFHDFC MF · ETF	9.04%	3.06%	12.10%
Kotak Nifty 50 Value 20 ETFKotak MF · ETF	9.04%	3.06%	12.10%
HDFC Flexi Cap FundHDFC MF · Flexi Cap	6.84%	2.47%	9.31%
Franklin India ELSS Tax Saver Fund ^Franklin Templeton MF · ELSS (Tax Saver)	5.28%	2.97%	8.24%
Templeton India Value FundFranklin Templeton MF · Value	6.78%	1.33%	8.12%
Franklin India Flexi Cap Fund ^Franklin Templeton MF · Flexi Cap	5.45%	2.56%	8.01%
Back to IndexMotilal Oswal MF · Index Fund	5.41%	1.88%	7.29%
ICICI Prudential Equity Minimum Variance FundICICI Pru MF · Equity (Diversified)	4.67%	2.18%	6.85%
Franklin India Large Cap Fund ^Franklin Templeton MF · Large Cap	4.68%	2.16%	6.83%
ICICI Prudential ESG Exclusionary Strategy FundICICI Pru MF · Sectoral / Thematic	4.87%	1.64%	6.51%
Nippon India Large Cap FundNippon India MF · Large Cap	4.46%	1.88%	6.34%
UTI - Equity Savings FundUTI MF · Hybrid	5.25%	1.05%	6.30%
DSP Flexi Cap FundDSP MF · Flexi Cap	5.11%	1.10%	6.21%
Nippon India Equity Savings FundNippon India MF · Hybrid	3.58%	2.16%	5.74%
HDFC Value FundHDFC MF · Value	4.27%	1.46%	5.73%
Nippon India ETF S&P BSE SensexNippon India MF · ETF	3.88%	1.70%	5.58%
SBI BSE Sensex Index FundSBI MF · Index Fund	4.16%	1.42%	5.58%
Lic Mf BSE Sensex ETFLIC MF · ETF	4.16%	1.41%	5.57%
ICICI Prudential BSE Sensex ETFICICI Pru MF · ETF	4.15%	1.41%	5.57%
ICICI Prudential BSE Sensex Index FundICICI Pru MF · Index Fund	4.15%	1.41%	5.56%
DSP BSE Sensex ETFDSP MF · ETF	4.15%	1.41%	5.56%
Kotak BSE Sensex ETFKotak MF · ETF	4.15%	1.41%	5.56%
Kotak BSE Sensex Index FundKotak MF · Index Fund	4.15%	1.41%	5.56%
Lic Mf BSE Sensex Index FundLIC MF · Index Fund	4.15%	1.41%	5.56%
SBI BSE Sensex ETFSBI MF · ETF	4.15%	1.41%	5.56%
Tata BSE Sensex Index FundTata MF · Index Fund	4.15%	1.41%	5.56%
UTI BSE Sensex ETFUTI MF · ETF	4.15%	1.41%	5.56%
UTI BSE Sensex Index FundUTI MF · Index Fund	4.15%	1.41%	5.56%
Nippon India Index Fund - S&P BSE Sensex PlanNippon India MF · Index Fund	3.85%	1.68%	5.53%
Franklin India Aggressive Hybrid Fund ^Franklin Templeton MF · Hybrid	3.65%	1.86%	5.51%
Aditya Birla Sun Life BSE Sensex ETFAditya Birla SL MF · ETF	3.98%	1.39%	5.37%
SBI Flexicap FundSBI MF · Flexi Cap	4.49%	0.82%	5.31%
Franklin India Multi Cap FundFranklin Templeton MF · Multi Cap	3.76%	1.54%	5.31%
Kotak ESG Exclusionary Strategy FundKotak MF · Sectoral / Thematic	4.18%	1.12%	5.30%
HDFC Dividend Yield FundHDFC MF · Dividend Yield	3.74%	1.52%	5.26%
Franklin India Large & Mid Cap Fund ^Franklin Templeton MF · Large & Mid Cap	3.95%	1.27%	5.22%
Aditya Birla Sun Life Large Cap FundAditya Birla SL MF · Large Cap	3.83%	1.32%	5.15%
ICICI Prudential Large Cap FundICICI Pru MF · Large Cap	4.67%	0.47%	5.14%
ICICI Prudential Children’s FundICICI Pru MF · Solution-Oriented	2.28%	2.84%	5.13%
ICICI Prudential Dividend Yield Equity FundICICI Pru MF · Dividend Yield	4.63%	0.48%	5.11%
Aditya Birla Sun Life ESG Integration Strategy FundAditya Birla SL MF · Sectoral / Thematic	3.68%	1.19%	4.87%
DSP Multi Asset Allocation FundDSP MF · Hybrid	3.32%	1.46%	4.78%
Nippon India ETF Nifty 50 BeesNippon India MF · ETF	3.32%	1.45%	4.77%
Nippon India Index Fund - Nifty 50 PlanNippon India MF · Index Fund	3.32%	1.45%	4.77%
Aditya Birla Sun Life Dividend Yield FundAditya Birla SL MF · Dividend Yield	2.79%	1.88%	4.67%
Franklin India Balanced Advantage FundFranklin Templeton MF · Hybrid	3.11%	1.52%	4.63%
Franklin India Multi Asset Allocation FundFranklin Templeton MF · Hybrid	2.74%	1.85%	4.59%
Kotak Nifty 50 Index FundKotak MF · Index Fund	3.42%	1.16%	4.58%
Lic Mf Nifty 50 ETFLIC MF · ETF	3.42%	1.15%	4.57%
Tata Nifty 50 Index FundTata MF · Index Fund	3.41%	1.16%	4.57%
Mirae Asset Nifty 50 Index FundMirae Asset MF · Index Fund	3.41%	1.16%	4.57%
ICICI Prudential Nifty 50 ETFICICI Pru MF · ETF	3.41%	1.16%	4.57%
DSP Nifty 50 ETFDSP MF · ETF	3.41%	1.15%	4.56%
DSP Nifty 50 Index FundDSP MF · Index Fund	3.41%	1.15%	4.56%
Kotak Nifty 50 ETFKotak MF · ETF	3.41%	1.15%	4.56%
SBI Nifty 50 ETFSBI MF · ETF	3.41%	1.15%	4.56%
SBI Nifty Index FundSBI MF · Index Fund	3.41%	1.15%	4.56%
Tata Nifty 50 Exchange Traded FundTata MF · ETF	3.41%	1.15%	4.56%
UTI Nifty 50 ETFUTI MF · ETF	3.41%	1.15%	4.56%
UTI Nifty 50 Index FundUTI MF · Index Fund	3.41%	1.15%	4.56%
Franklin India NSE Nifty 50 Index Fund ^Franklin Templeton MF · Index Fund	3.40%	1.15%	4.55%
Lic Mf Nifty 50 Index FundLIC MF · Index Fund	3.41%	1.14%	4.55%
Back to IndexMotilal Oswal MF · Index Fund	3.31%	1.15%	4.46%
Back to IndexMotilal Oswal MF · Index Fund	3.31%	1.15%	4.46%
Aditya Birla Sun Life Nifty 50 ETFAditya Birla SL MF · ETF	3.31%	1.15%	4.46%
Aditya Birla Sun Life Nifty 50 Index FundAditya Birla SL MF · Index Fund	3.31%	1.15%	4.45%
ICICI Prudential Long Term Wealth Enhancement FundICICI Pru MF · Equity (Diversified)	2.31%	2.09%	4.40%
IB43-Groww Nifty 50 Index FundGroww MF · Index Fund	2.98%	1.38%	4.36%
IB44-Groww Nifty 50 ETFGroww MF · ETF	2.97%	1.38%	4.35%
Nippon India Multi Cap FundNippon India MF · Multi Cap	3.17%	1.16%	4.33%
ICICI Prudential Quant FundICICI Pru MF · Smart-Beta / Factor	1.65%	2.64%	4.29%
Nippon India Equity Hybrid FundNippon India MF · Hybrid	3.09%	1.03%	4.12%
IB01-Groww Large Cap FundGroww MF · Large Cap	2.48%	1.50%	3.98%
SBI Large and Midcap FundSBI MF · Large & Mid Cap	3.30%	0.66%	3.96%
ICICI Prudential Large & Mid Cap FundICICI Pru MF · Large & Mid Cap	3.40%	0.55%	3.95%
Nippon India ETF Nifty 100Nippon India MF · ETF	2.67%	1.17%	3.84%
NJ Balanced Advantage FundNJ MF · Hybrid	0.34%	3.44%	3.78%
Lic Mf Nifty 100 ETFLIC MF · ETF	2.77%	0.94%	3.71%
ICICI Prudential Nifty 100 ETFICICI Pru MF · ETF	2.77%	0.94%	3.71%
SBI BSE 100 ETFSBI MF · ETF	2.74%	0.93%	3.67%
Aditya Birla Sun Life Flexi Cap FundAditya Birla SL MF · Flexi Cap	1.73%	1.92%	3.65%
Kotak Nifty 50 Equal Weight Index FundKotak MF · Index Fund	2.03%	1.62%	3.65%
Back to IndexMotilal Oswal MF · Index Fund	2.70%	0.94%	3.64%
Back to IndexMotilal Oswal MF · Index Fund	1.98%	1.63%	3.61%
Aditya Birla Sun Life Nifty 50 Equal Weight Index FundAditya Birla SL MF · Index Fund	1.98%	1.63%	3.61%
ICICI Prudential Nifty50 Equal Weight Index FundICICI Pru MF · Index Fund	2.00%	1.60%	3.60%
DSP Nifty 50 Equal Weight ETFDSP MF · ETF	2.00%	1.60%	3.60%
DSP Nifty 50 Equal Weight Index FundDSP MF · Index Fund	2.00%	1.60%	3.60%
SBI Nifty50 Equal Weight ETFSBI MF · ETF	2.00%	1.60%	3.60%
SBI Nifty50 Equal Weight Index FundSBI MF · Index Fund	2.00%	1.60%	3.60%
UTI Nifty50 Equal Weight Index FundUTI MF · Index Fund	2.00%	1.60%	3.60%
DSP Value FundDSP MF · Value	2.55%	0.89%	3.44%
ICICI Prudential Value FundICICI Pru MF · Value	2.99%	0.35%	3.34%
Franklin India Multi-Factor FundFranklin Templeton MF · Smart-Beta / Factor	1.90%	1.29%	3.19%
SBI Balanced Advantage FundSBI MF · Hybrid	1.91%	1.26%	3.17%
ICICI Prudential Equity & Debt FundICICI Pru MF · Hybrid	2.97%	0.19%	3.16%
ICICI Prudential Flexicap FundICICI Pru MF · Flexi Cap	2.51%	0.63%	3.14%
DSP MSCI India ETFDSP MF · ETF	2.29%	0.81%	3.10%
Kotak MSCI India ETFKotak MF · ETF	2.29%	0.81%	3.10%
ICICI Prudential Exports and Services FundICICI Pru MF · Sectoral / Thematic	1.65%	1.44%	3.09%
UTI - Master Equity Plan Unit SchemeUTI MF · Sectoral / Thematic	2.61%	0.47%	3.08%
Aditya Birla Sun Life Msci India ETFAditya Birla SL MF · ETF	2.19%	0.86%	3.05%
UTI - Large Cap FundUTI MF · Large Cap	2.59%	0.41%	3.00%
Ib33-Groww Nifty 200 ETFGroww MF · ETF	2.04%	0.94%	2.98%
UTI Quant FundUTI MF · Smart-Beta / Factor	0.96%	2.02%	2.98%
Aditya Birla Sun Life Balanced Advantage FundAditya Birla SL MF · Hybrid	1.91%	1.06%	2.97%
Aditya Birla Sun Life Business Cycle FundAditya Birla SL MF · Sectoral / Thematic	1.13%	1.82%	2.95%
ICICI Prudential Balanced Advantage FundICICI Pru MF · Hybrid	1.67%	1.24%	2.92%
ICICI Prudential Multi-Asset FundICICI Pru MF · Equity (Diversified)	2.46%	0.38%	2.84%
Franklin India Retirement Fund ^Franklin Templeton MF · Solution-Oriented	1.75%	0.99%	2.74%
HDFC Large and Mid Cap FundHDFC MF · Large & Mid Cap	1.92%	0.80%	2.72%
ICICI Prudential BSE 500 ETFICICI Pru MF · ETF	1.96%	0.67%	2.62%
ICICI Prudential Nifty 500 Index FundICICI Pru MF · Index Fund	1.91%	0.64%	2.55%
DSP Nifty 500 Index FundDSP MF · Index Fund	1.90%	0.64%	2.54%
SBI Nifty 500 Index FundSBI MF · Index Fund	1.90%	0.64%	2.54%
Back to IndexMotilal Oswal MF · Index Fund	1.88%	0.65%	2.53%
Back to IndexMotilal Oswal MF · Index Fund	1.88%	0.65%	2.53%
IB18-Groww Nifty Total Market Index FundGroww MF · Index Fund	1.70%	0.79%	2.49%
IB11-Groww ELSS Tax Saver FundGroww MF · ELSS (Tax Saver)	1.81%	0.65%	2.46%
Back to IndexMotilal Oswal MF · Index Fund	1.81%	0.63%	2.44%
SBI Equity Minimum Variance FundSBI MF · Equity (Diversified)	0.98%	1.33%	2.31%
SBI Contra FundSBI MF · Contra	1.34%	0.88%	2.22%
UTI Multi Asset Allocation FundUTI MF · Hybrid	0.83%	1.33%	2.16%
Franklin India Conservative Hybrid Fund ^Franklin Templeton MF · Hybrid	1.20%	0.62%	1.82%
Nippon India Vision FundNippon India MF · Equity (Diversified)	1.52%	0.30%	1.82%
Lic Mf Balanced Advantage FundLIC MF · Hybrid	1.55%	0.25%	1.80%
ICICI Prudential Nifty LargeMidcap 250 Index FundICICI Pru MF · Index Fund	1.33%	0.45%	1.79%
Kotak Nifty 100 Equal Weight Index FundKotak MF · Index Fund	0.97%	0.78%	1.75%
Kotak Nifty 100 Equal Weight ETFKotak MF · ETF	0.97%	0.77%	1.74%
Nippon India Multi Asset FundNippon India MF · Hybrid	1.35%	0.35%	1.70%
Aditya Birla Sun Life Equity Savings FundAditya Birla SL MF · Hybrid	1.50%	0.15%	1.65%
SBI Multi Asset Allocation FundSBI MF · Hybrid	0.56%	0.50%	1.06%
Nippon India Arbitrage FundNippon India MF · Arbitrage	0.38%	0.26%	0.64%
Nippon India Hybrid Bond FundNippon India MF · Hybrid	0.34%	0.20%	0.54%

FAQ

Which mutual funds hold both Axis Bank and HCL Technologies?: 137 funds hold both; the largest combined position is Kotak Services Fund, as on May 2026. Information only, not investment advice.
How many funds hold Axis Bank and HCL Technologies individually?: In our coverage, 304 funds hold Axis Bank and 189 hold HCL Technologies; 137 hold both.

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“Holds both” = the fund discloses an equity position in each stock in its latest public monthly portfolio (as on May 2026). Weight = the position as a % of that fund's portfolio. ISIN-verified from AMC disclosures. Not investment advice.