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Data sourced from public AMC monthly portfolio disclosures and the AMFI scheme master. Portfolios as on: Aditya Birla SL MF (Apr 2026) · Axis MF (—) · DSP MF (Apr 2026) · HDFC MF (Apr 2026) · ICICI Pru MF (Apr 2026) · Kotak MF (—) · Mirae Asset MF (—) · Nippon India MF (Jul 2025) · SBI MF (Apr 2026) · UTI MF (—). Holdings are ISIN-verified equity positions. For information only — not investment advice.

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InsuranceINE180A01020

Max Financial Services

Held by 95 funds across 9 fund houses in our coverage.

Coverage: 10 of India's largest fund houses — more added monthly.

Held by
95 funds
Fund houses
9
Total value held
₹13,257 Cr
Highest weight
14.85%
exposure

Who holds Max Financial Services?

#MoM
1UMexposureUTI MF•Equity (Diversified)
14.85%
—₹674.15 Cr42.51 L
2HMMidcapHDFC MF•Mid Cap
4.37%
—₹4,141 Cr2.61 Cr
3IPMidetfICICI Pru MF•ETF
3.26%
—₹3.26 Cr20.6K
4DMBanking and Financial ServicesDSP MF•Sectoral / Thematic
3.14%
—₹57.47 Cr3.62 L
5ABAditya Birla Sun Life Midcap FundAditya Birla SL MF•Mid Cap
3.09%
—₹194.34 Cr12.26 L
6IPAp30EtfICICI Pru MF•ETF
3.04%
—₹45.56 Cr2.87 L
7KMKotak Nifty Midcap 150 Momentum 50 Index FundKotak MF•Index Fund
2.85%
—₹11.19 Cr70.6K
8SMSBI Nifty Midcap 150 Momentum 50 ETFSBI MF•ETF
2.84%
—₹23.91 L1.5K
9ABAditya Birla Sun Life BSE 500 Momentum 50 Index FundAditya Birla SL MF•Index Fund
2.70%
—₹1.84 Cr11.6K
10DMMulticap FundDSP MF•Multi Cap
2.53%
—₹69.20 Cr4.36 L
11IPFinetfICICI Pru MF•ETF
2.49%
—₹6.80 Cr42.9K
12KMKotak Nifty Financial Services Ex-Bank Index FundKotak MF•Index Fund
2.49%
—₹2.42 Cr15.2K
13ABAditya Birla Sun Life Large & Mid Cap FundAditya Birla SL MF•Large & Mid Cap
2.45%
—₹138.57 Cr8.74 L
14DMMidcapDSP MF•Mid Cap
2.40%
—₹467.21 Cr29.46 L
15NINippon India Banking & Financial Services FundNippon India MF•Sectoral / Thematic
2.39%
—₹132.59 Cr13.12 L
16NINippon India Multi Cap FundNippon India MF•Multi Cap
2.32%
—₹707.63 Cr70.00 L
17KMKotak Nifty Alpha 50 ETFKotak MF•ETF
2.18%
—₹17.17 Cr1.08 L
18KMKotak Nifty Alpha 50 Index FundKotak MF•Index Fund
2.18%
—₹67.53 L4.3K
19NINippon India Value FundNippon India MF•Value
2.13%
—₹159.89 Cr15.82 L
20IPMometfICICI Pru MF•ETF
2.04%
—₹13.22 Cr83.4K
21IPMomdexICICI Pru MF•Equity (Diversified)
2.04%
—₹11.14 Cr70.3K
22ABAditya Birla Sun Life Nifty 200 Momentum 30 ETFAditya Birla SL MF•ETF
2.04%
—₹91.04 L5.7K
23KMKotak Nifty 200 Momentum 30 Index FundKotak MF•Index Fund
2.04%
—₹10.76 Cr67.8K
24SMSBI Nifty200 Momentum 30 Index FundSBI MF•Index Fund
2.04%
—₹2.50 Cr15.8K
25KMKotak Nifty 200 Momentum 30 ETFKotak MF•ETF
2.04%
—₹66.79 L4.2K
26DMFlexi CapDSP MF•Flexi Cap
1.98%
—₹233.08 Cr14.70 L
27KMKotak Quant FundKotak MF•Smart-Beta / Factor
1.97%
—₹9.99 Cr63.0K
28KMKotak Nifty Midcap 50 ETFKotak MF•ETF
1.95%
—₹3.72 Cr23.5K
29KMKotak Nifty Midcap 50 Index FundKotak MF•Index Fund
1.95%
—₹1.47 Cr9.3K
30IPMomactICICI Pru MF•Equity (Diversified)
1.95%
—₹37.38 Cr2.36 L
31NINippon India Growth FundNippon India MF•Equity (Diversified)
1.92%
—₹515.56 Cr51.00 L
32SMSBI Flexicap FundSBI MF•Flexi Cap
1.92%
—₹429.98 Cr27.12 L
33IPBanfin ServicesICICI Pru MF•Sectoral / Thematic
1.89%
—₹200.49 Cr12.64 L
34SMSBI Midcap FundSBI MF•Mid Cap
1.84%
—₹428.14 Cr27.00 L
35DMTigerDSP MF•Equity (Diversified)
1.80%
—₹104.17 Cr6.57 L
36DMTaxDSP MF•Equity (Diversified)
1.78%
—₹290.60 Cr18.33 L
37DMLarge & Mid CapDSP MF•Large & Mid Cap
1.77%
—₹306.13 Cr19.31 L
38KMKotak Nifty500 Momentum 50 Index FundKotak MF•Index Fund
1.64%
—₹35.74 L2.3K
39HMHdfclargefHDFC MF•Equity (Diversified)
1.46%
—₹412.60 Cr26.02 L
40ABAditya Birla Sun Life Multi-Cap FundAditya Birla SL MF•Multi Cap
1.45%
—₹96.40 Cr6.08 L
41KMKotak Midcap FundKotak MF•Mid Cap
1.42%
—₹902.83 Cr56.94 L
42NINippon India ELSS Tax Saver FundNippon India MF•ELSS (Tax Saver)
1.42%
—₹212.29 Cr21.00 L
43ABAditya Birla Sun Life Quant FundAditya Birla SL MF•Smart-Beta / Factor
1.29%
—₹26.09 Cr1.65 L
44ABAditya Birla Sun Life Retirement Fund - The 40S PlanAditya Birla SL MF•Solution-Oriented
1.26%
—₹1.43 Cr9.0K
45NINippon India Vision FundNippon India MF•Equity (Diversified)
1.20%
—₹54.59 Cr5.40 L
46ABAditya Birla Sun Life Bal Bhavishya YojnaAditya Birla SL MF•Equity (Diversified)
1.15%
—₹13.48 Cr85.0K
47KMKotak Nifty Midcap 150 Index FundKotak MF•Index Fund
1.09%
—₹33.39 L2.1K
48IPMid150ICICI Pru MF•Equity (Diversified)
1.07%
—₹11.11 Cr70.1K
49IPMd150EtfICICI Pru MF•ETF
1.07%
—₹7.43 Cr46.8K
50ABAditya Birla Sun Life Nifty Midcap 150 Index FundAditya Birla SL MF•Index Fund
1.07%
—₹4.77 Cr30.1K
51SMSBI Nifty Midcap 150 Index FundSBI MF•Index Fund
1.07%
—₹11.20 Cr70.6K
52DMNifty Midcap 150 IndexDSP MF•Index Fund
1.07%
—₹13.94 L879
53KMKotak Nifty Midcap 150 ETFKotak MF•ETF
1.07%
—₹12.75 L804
54SMSBI Nifty Midcap150 ETFSBI MF•ETF
1.07%
—₹11.32 L714
55DMNifty Midcap 150 ETFDSP MF•ETF
1.07%
—₹6.61 L417
56ABAditya Birla Sun Life ELSS Tax Saver FundAditya Birla SL MF•ELSS (Tax Saver)
1.04%
—₹149.59 Cr9.43 L
57DMBusiness Cycle FundDSP MF•Sectoral / Thematic
1.01%
—₹11.49 Cr72.5K
58DMSmallcapDSP MF•Small Cap
0.99%
—₹176.72 Cr11.14 L
59KMKotak Banking and Financial Services FundKotak MF•Sectoral / Thematic
0.93%
—₹13.48 Cr85.0K
60ABAditya Birla Sun Life Flexi Cap FundAditya Birla SL MF•Flexi Cap
0.89%
—₹228.52 Cr14.41 L
61ABAditya Birla Sun Life Retirement Fund - The 50S PlanAditya Birla SL MF•Solution-Oriented
0.89%
—₹23.47 L1.5K
62NINippon India Nifty Midcap 150 Index FundNippon India MF•Index Fund
0.87%
—₹10.98 Cr1.09 L
63NINippon India ETF Nifty Midcap 150Nippon India MF•ETF
0.86%
—₹11.91 Cr1.18 L
64HMHdfcmulcapHDFC MF•Equity (Diversified)
0.81%
—₹158.57 Cr10.00 L
65KMKotak Flexicap FundKotak MF•Flexi Cap
0.78%
—₹428.14 Cr27.00 L
66DMDaafDSP MF•Equity (Diversified)
0.77%
—₹28.16 Cr1.78 L
67NINippon India Multi Asset FundNippon India MF•Hybrid
0.76%
—₹23.65 Cr2.34 L
68SMSBI Conservative Hybrid FundSBI MF•Hybrid
0.65%
—₹63.43 Cr4.00 L
69ABAditya Birla Sun Life Multi Asset Allocation FundAditya Birla SL MF•Hybrid
0.55%
—₹35.80 Cr2.26 L
70IPN250DexICICI Pru MF•Equity (Diversified)
0.55%
—₹1.43 Cr9.0K
71NINippon India Large Cap FundNippon India MF•Large Cap
0.47%
—₹123.06 Cr12.17 L
72IPFlexcapICICI Pru MF•Equity (Diversified)
0.46%
—₹95.26 Cr6.01 L
73NINippon India Balanced Advantage FundNippon India MF•Hybrid
0.45%
—₹35.38 Cr3.50 L
74ABAditya Birla Sun Life Consumption FundAditya Birla SL MF•Sectoral / Thematic
0.44%
—₹26.16 Cr1.65 L
75SMSBI Arbitrage Opportunities FundSBI MF•Arbitrage
0.42%
—₹181.97 Cr11.48 L
76NINippon India Arbitrage FundNippon India MF•Arbitrage
0.41%
—₹61.30 Cr6.06 L
77NINIPPON INDIA EQUITY SAVINGS FUND Nippon India Equity Savings Fund - Segregated Portfolio 1 Nippon India Equity Savings FundNippon India MF•Hybrid
0.37%
—₹1.62 Cr16.0K
78ABAditya Birla Sun Life Equity Hybrid '95 FundAditya Birla SL MF•Hybrid
0.32%
—₹22.38 Cr1.41 L
79ABAditya Birla Sun Life Regular Savings FundAditya Birla SL MF•Hybrid
0.24%
—₹3.57 Cr22.5K
80IPSpbseetfICICI Pru MF•ETF
0.22%
—₹77.58 L4.9K
81SMSBI Nifty 500 Index FundSBI MF•Index Fund
0.22%
—₹1.65 Cr10.4K
82DMNifty 500 IndexDSP MF•Index Fund
0.22%
—₹2.87 L181
83IPIndex500ICICI Pru MF•Index Fund
0.22%
—₹18.54 L1.2K
84IPArbitrageICICI Pru MF•Arbitrage
0.21%
—₹67.23 Cr4.24 L
85ABAditya Birla Sun Life Arbitrage FundAditya Birla SL MF•Arbitrage
0.15%
—₹38.94 Cr2.46 L
86DMArbitrageDSP MF•Arbitrage
0.13%
—₹8.37 Cr52.8K
87IPRuraloppICICI Pru MF•Sectoral / Thematic
0.12%
—₹2.56 Cr16.2K
88SMSBI Equity Savings FundSBI MF•Hybrid
0.08%
—₹4.57 Cr28.8K
89IPBafICICI Pru MF•Equity (Diversified)
0.03%
—₹22.00 Cr1.39 L
90KMKotak Equity Savings FundKotak MF•Hybrid
0.01%
—₹76.11 L4.8K
91KMKotak Arbitrage FundKotak MF•Arbitrage
0.00%
——0
92AMAxis Arbitrage FundAxis MF•Arbitrage
—
—₹16.68 Cr1.05 L
93AMAxis Nifty Midcap 50 Index FundAxis MF•Index Fund
—
—₹12.69 Cr80.0K
94AMAxis Nifty500 Momentum 50 Index FundAxis MF•Index Fund
—
—₹2.40 Cr15.1K
95AMAxis Nifty 500 Index FundAxis MF•Index Fund
—
—₹65.35 L4.1K

By fund type

95funds
  • Mid Cap46%
  • Equity (Diversified)18%
  • Flexi Cap10%
  • Multi Cap7%
  • Large & Mid Cap3%
  • Sectoral / Thematic3%
  • Arbitrage3%
  • Other9%

By fund house

  • HDFC MF₹4,712 Cr3
  • Nippon India MF₹2,050 Cr13
  • DSP MF₹1,753 Cr14
  • Kotak MF₹1,402 Cr17
  • SBI MF₹1,124 Cr10
  • Aditya Birla SL MF₹983 Cr17
  • UTI MF₹674 Cr1
  • ICICI Pru MF₹526 Cr16
  • Axis MF₹32 Cr4

Funds here also hold

State Bank of India
Banks
246
funds
The Federal Bank Limited
Banks
116
funds
AU Small Finance Bank Limited
Banks
91
funds
Fortis Healthcare Limited
Healthcare Services
95
funds
HDFC Bank Limited
Banks
239
funds
One 97 Communications Ltd
Financial Technology (Fintech)
70
funds

Max Financial Services holdings — FAQ

How many mutual funds hold Max Financial Services?
95 mutual funds and ETFs in WhoHolds' coverage hold Max Financial Services Limited, spread across 9 fund houses.
Which fund holds the most Max Financial Services?
exposure (UTI MF) gives it the highest weight, at 14.85% of the fund's portfolio.
What is the total value of Max Financial Services held by these funds?
Together these funds hold about ₹13,257 Cr worth of Max Financial Services (ISIN-verified equity positions).
As of when is this Max Financial Services holdings data?
Portfolios as on UTI MF — · HDFC MF Apr 2026 · ICICI Pru MF Apr 2026 · DSP MF Apr 2026 · Aditya Birla SL MF Apr 2026 · Kotak MF — · SBI MF Apr 2026 · Nippon India MF Jul 2025 · Axis MF —, taken from each AMC's public monthly portfolio disclosure. This is information only, not investment advice.

Portfolios as on: UTI MF — · HDFC MF Apr 2026 · ICICI Pru MF Apr 2026 · DSP MF Apr 2026 · Aditya Birla SL MF Apr 2026 · Kotak MF — · SBI MF Apr 2026 · Nippon India MF Jul 2025 · Axis MF —. ISIN-verified equity positions from public AMC disclosures. Not investment advice.