Max Financial Services Limited
Held by 298 mutual fund schemes, ₹13,685Cr between them.
The largest single position is HDFC Mid Cap Fund (HDFC), which holds 3.8% of its portfolio in Max Financial Services Limited — ₹3,640Cr, or 26.6% of all the mutual fund money in this stock.
The five largest holders account for 45% of it, across 298 schemes in total.
16 of the 60 largest holdings sit in mid cap funds, the most of any category here.
Funds holding Max Financial Services Limited
298Largest rupee position first, top 60 shown. One row per scheme — a fund’s Direct and Regular plans hold the same portfolio, so the Direct plan stands for both.
| Fund | Category | Weight | Position | Fund size |
|---|---|---|---|---|
| HDFC Mid Cap Fund | Mid Cap Fund | 3.79% | ₹3,640Cr | ₹96,040Cr |
| Nippon India Multi Cap Fund | Multi Cap Fund | 1.72% | ₹905.57Cr | ₹52,649Cr |
| Nippon India Growth Mid Cap Fund | Mid Cap Fund | 1.48% | ₹687.39Cr | ₹46,445Cr |
| DSP Midcap Fund | Mid Cap Fund | 2.63% | ₹513.87Cr | ₹19,539Cr |
| HDFC Large & Mid Cap Fund | Large & Mid Cap Fund | 1.35% | ₹382.57Cr | ₹28,339Cr |
| Mirae Asset Midcap Fund | Mid Cap Fund | 1.82% | ₹338.00Cr | ₹18,571Cr |
| DSP ELSS Tax Saver Fund | ELSS | 2.04% | ₹332.34Cr | ₹16,291Cr |
| Kotak Arbitrage Fund | Arbitrage Fund | 0.37% | ₹261.90Cr | ₹70,783Cr |
| DSP Flexi Cap Fund | Flexi Cap Fund | 2.11% | ₹249.33Cr | ₹11,816Cr |
| Sundaram Mid Cap Fund | Mid Cap Fund | 1.91% | ₹241.95Cr | ₹12,665Cr |
| DSP Small Cap Fund | Small Cap Fund | 1.30% | ₹235.14Cr | ₹18,087Cr |
| UTI - Mid Cap Fund | Mid Cap Fund | 1.97% | ₹231.22Cr | ₹11,737Cr |
| PGIM India Midcap Fund | Mid Cap Fund | 1.88% | ₹201.94Cr | ₹10,741Cr |
| Aditya Birla Sun Life Flexi Cap Fund | Flexi Cap Fund | 0.78% | ₹201.27Cr | ₹25,788Cr |
| Edelweiss Mid Cap Fund | Mid Cap Fund | 1.16% | ₹189.20Cr | ₹16,310Cr |
| Nippon India ELSS Tax Saver Fund | ELSS | 1.28% | ₹187.68Cr | ₹14,662Cr |
| WhiteOak Capital Mid Cap Fund | Mid Cap Fund | 3.11% | ₹171.47Cr | ₹5,514Cr |
| Tata Mid Cap Fund | Mid Cap Fund | 3.03% | ₹171.21Cr | ₹5,650Cr |
| Aditya Birla Sun Life Midcap Fund | Mid Cap Fund | 2.60% | ₹164.20Cr | ₹6,316Cr |
| Franklin India Mid Cap Fund | Mid Cap Fund | 1.27% | ₹154.65Cr | ₹12,134Cr |
| HDFC Multi Cap Fund | Multi Cap Fund | 0.76% | ₹148.59Cr | ₹19,551Cr |
| Aditya Birla Sun Life ELSS Tax Saver Fund | ELSS | 1.02% | ₹145.78Cr | ₹14,285Cr |
| Nippon India Large Cap Fund | Large Cap Fund | 0.28% | ₹144.54Cr | ₹51,621Cr |
| ICICI Prudential Banking & Financial Services Fund | Sectoral/ Thematic | 1.16% | ₹123.89Cr | ₹10,670Cr |
| DSP India T.I.G.E.R. Fund | Sectoral/ Thematic | 1.90% | ₹111.24Cr | ₹5,855Cr |
| Tata Balanced Advantage Fund | Dynamic Asset Allocation or Balanced Advantage | 1.21% | ₹107.36Cr | ₹8,873Cr |
| Canara Robeco Mid Cap Fund | Mid Cap Fund | 2.33% | ₹105.53Cr | ₹4,529Cr |
| Tata Arbitrage Fund | Arbitrage Fund | 0.46% | ₹104.35Cr | ₹22,684Cr |
| Canara Robeco ELSS - Tax Saver Fund | ELSS | 1.19% | ₹101.04Cr | ₹8,491Cr |
| ICICI Prudential Arbitrage Fund | Arbitrage Fund | 0.30% | ₹98.26Cr | ₹32,407Cr |
| Mahindra Manulife Mid Cap Fund | Mid Cap Fund | 2.05% | ₹97.30Cr | ₹4,747Cr |
| Nippon India Value Fund | Value Fund | 0.99% | ₹87.38Cr | ₹8,827Cr |
| ICICI Prudential Innovation Fund | Sectoral/ Thematic | 1.17% | ₹86.46Cr | ₹7,385Cr |
| Aditya Birla Sun Life Multi-Cap Fund | Multi Cap Fund | 1.27% | ₹85.08Cr | ₹6,700Cr |
| Invesco India Arbitrage Fund | Arbitrage Fund | 0.29% | ₹80.67Cr | ₹27,818Cr |
| HDFC Value Fund | Value Fund | 1.06% | ₹77.69Cr | ₹7,330Cr |
| WhiteOak Capital Flexi Cap Fund | Flexi Cap Fund | 0.94% | ₹75.36Cr | ₹8,018Cr |
| Bandhan Arbitrage Fund | Arbitrage Fund | 0.89% | ₹72.21Cr | ₹8,114Cr |
| Bajaj Finserv Flexi Cap Fund | Flexi Cap Fund | 0.99% | ₹70.19Cr | ₹7,090Cr |
| SBI Conservative Hybrid Fund | Conservative Hybrid Fund | 0.62% | ₹60.28Cr | ₹9,722Cr |
| Tata Multi Asset Allocation Fund | Multi Asset Allocation | 1.18% | ₹59.49Cr | ₹5,042Cr |
| HDFC Arbitrage Fund | Arbitrage Fund | 0.22% | ₹54.00Cr | ₹24,544Cr |
| Mahindra Manulife Multi Cap Fund | Multi Cap Fund | 0.82% | ₹53.52Cr | ₹6,527Cr |
| UTI - Arbitrage Fund | Arbitrage Fund | 0.48% | ₹52.51Cr | ₹10,939Cr |
| ICICI Prudential Balanced Advantage Fund | Dynamic Asset Allocation or Balanced Advantage | 0.07% | ₹52.24Cr | ₹70,787Cr |
| Tata Banking & Financial Services Fund | Sectoral/ Thematic | 1.70% | ₹51.45Cr | ₹3,027Cr |
| WhiteOak Capital Multi Cap Fund | Multi Cap Fund | 1.42% | ₹49.89Cr | ₹3,513Cr |
| Canara Robeco Multi Cap Fund | Multi Cap Fund | 0.95% | ₹49.84Cr | ₹5,247Cr |
| Union Midcap Fund | Mid Cap Fund | 2.82% | ₹48.97Cr | ₹1,736Cr |
| Aditya Birla Sun Life Arbitrage Fund | Arbitrage Fund | 0.17% | ₹43.65Cr | ₹26,029Cr |
| Nippon India Retirement Fund- Wealth Creation Scheme | Retirement Fund | 1.39% | ₹42.21Cr | ₹3,037Cr |
| UTI Aggressive Hybrid Fund | Aggressive Hybrid Fund | 0.59% | ₹38.41Cr | ₹6,510Cr |
| DSP Dynamic Asset Allocation Fund | Dynamic Asset Allocation or Balanced Advantage | 1.04% | ₹38.32Cr | ₹3,685Cr |
| Baroda BNP Paribas Large and Mid Cap fund | Large & Mid Cap Fund | 2.19% | ₹37.85Cr | ₹1,728Cr |
| Baroda BNP Paribas Multi Cap Fund | Multi Cap Fund | 1.17% | ₹37.75Cr | ₹3,226Cr |
| Baroda BNP Paribas Mid Cap Fund | Mid Cap Fund | 1.51% | ₹36.35Cr | ₹2,408Cr |
| Nippon India Multi Asset Allocation Fund | Multi Asset Allocation | 0.24% | ₹36.17Cr | ₹15,069Cr |
| Sundaram Multi Cap Fund | Multi Cap Fund | 1.31% | ₹34.84Cr | ₹2,658Cr |
| ICICI Prudential Nifty Alpha Low- Volatility 30 ETF | Other ETFs | 2.32% | ₹34.76Cr | ₹1,497Cr |
| Motilal Oswal Nifty Midcap 150 Index Fund | Index Funds | 0.98% | ₹34.12Cr | ₹3,482Cr |
Weights come from each fund’s most recent disclosed portfolio, which SEBI requires monthly — positions can have changed since. “Position” is the weight applied to the scheme’s AUM, available for 252 of the 298 holders. Nothing here is advice, and a stock being widely held is not an argument for owning it.
Frequently asked questions
Which mutual fund holds the most Max Financial Services Limited?
By rupee value, HDFC Mid Cap Fund from HDFC — ₹3,640Cr, at 3.8% of that scheme's portfolio. Weights come from each fund's most recent disclosed portfolio; SEBI requires monthly disclosure, so a fund that has traded since its last filing may hold more or less than this.
How many mutual funds hold Max Financial Services Limited?
298 schemes, holding ₹13,685Cr between them across the 252 whose AUM is on record. One row per scheme: a fund's Direct and Regular plans hold the same portfolio, so the Direct plan stands for both rather than counting twice.
Does a fund holding Max Financial Services Limited make it a good investment?
No. This page reports what funds disclosed they own, not a view on the stock or on any scheme holding it. A widely held stock is a popular one, which is a fact about other people's positions rather than about future returns. Nothing here is investment advice.