State Bank of India
Held by 686 mutual fund schemes, ₹1,03,676Cr between them.
The largest single position is SBI Nifty 50 ETF (SBI), which holds 4.0% of its portfolio in State Bank of India — ₹8,237Cr, or 7.9% of all the mutual fund money in this stock.
The five largest holders account for 24% of it, across 686 schemes in total.
10 of the 60 largest holdings sit in other etfs funds, the most of any category here.
Funds holding State Bank of India
686Largest 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 |
|---|---|---|---|---|
| SBI Nifty 50 ETF | Other ETFs | 3.98% | ₹8,237Cr | ₹2,06,968Cr |
| SBI BSE Sensex ETF | Other ETFs | 4.83% | ₹5,670Cr | ₹1,17,387Cr |
| HDFC Flexi Cap Fund | Flexi Cap Fund | 4.16% | ₹4,235Cr | ₹1,01,793Cr |
| HDFC Balanced Advantage Fund | Dynamic Asset Allocation or Balanced Advantage | 3.46% | ₹3,626Cr | ₹1,04,783Cr |
| UTI Nifty 50 ETF | Equity ETF | 3.98% | ₹2,761Cr | ₹69,369Cr |
| UTI BSE Sensex ETF | Equity ETF | 4.83% | ₹2,592Cr | ₹53,661Cr |
| SBI Focused Fund | Focused Fund | 5.58% | ₹2,508Cr | ₹44,948Cr |
| Nippon India ETF Nifty 50 BeES | Other ETFs | 3.97% | ₹2,502Cr | ₹63,032Cr |
| SBI Large Cap Fund | Large Cap Fund | 3.67% | ₹1,917Cr | ₹52,232Cr |
| ICICI Prudential Nifty 50 ETF | Other ETFs | 3.98% | ₹1,619Cr | ₹40,723Cr |
| Nippon India Large Cap Fund | Large Cap Fund | 2.95% | ₹1,523Cr | ₹51,621Cr |
| ICICI Prudential Balanced Advantage Fund | Dynamic Asset Allocation or Balanced Advantage | 2.00% | ₹1,416Cr | ₹70,787Cr |
| ICICI Prudential BSE Sensex ETF | Other ETFs | 4.83% | ₹1,407Cr | ₹29,153Cr |
| HDFC Focused Fund | Focused Fund | 5.31% | ₹1,398Cr | ₹26,336Cr |
| Nippon India ETF Nifty PSU Bank BeES | Other ETFs | 33.96% | ₹1,372Cr | ₹4,041Cr |
| ICICI Prudential Value Fund | Value Fund | 2.12% | ₹1,262Cr | ₹59,433Cr |
| Nippon India ETF BSE Sensex | Other ETFs | 4.83% | ₹1,240Cr | ₹25,681Cr |
| Mirae Asset Large Cap Fund | Large Cap Fund | 3.18% | ₹1,208Cr | ₹38,017Cr |
| UTI Nifty 50 Index Fund | Index Funds | 3.98% | ₹1,107Cr | ₹27,826Cr |
| ICICI Prudential Large Cap Fund | Large Cap Fund | 1.41% | ₹1,076Cr | ₹76,534Cr |
| Kotak Arbitrage Fund | Arbitrage Fund | 1.51% | ₹1,069Cr | ₹70,783Cr |
| SBI PSU Fund | Sectoral/ Thematic | 16.39% | ₹1,062Cr | ₹6,480Cr |
| Aditya Birla Sun Life PSU Equity Fund | Sectoral/ Thematic | 17.85% | ₹1,058Cr | ₹5,925Cr |
| Mirae Asset ELSS Tax Saver Fund | ELSS | 4.03% | ₹1,020Cr | ₹25,328Cr |
| Aditya Birla Sun Life Large Cap Fund | Large Cap Fund | 3.54% | ₹1,017Cr | ₹28,763Cr |
| BHARAT 22 ETF | Other ETFs | 9.45% | ₹995.47Cr | ₹10,535Cr |
| DSP ELSS Tax Saver Fund | ELSS | 5.77% | ₹940.01Cr | ₹16,291Cr |
| Nippon India Small Cap Fund | Small Cap Fund | 1.28% | ₹936.43Cr | ₹73,159Cr |
| HDFC Nifty 50 Index Fund | Index Funds | 3.98% | ₹924.08Cr | ₹23,218Cr |
| Nippon India ETF Nifty Bank BeES | Other ETFs | 10.27% | ₹826.35Cr | ₹8,046Cr |
| Kotak Nifty PSU Bank ETF | Equity ETF | 33.96% | ₹799.53Cr | ₹2,354Cr |
| SBI Contra Fund | Contra Fund | 1.67% | ₹767.35Cr | ₹45,949Cr |
| Axis ELSS- Tax Saver Fund | ELSS | 2.37% | ₹742.23Cr | ₹31,318Cr |
| HDFC ELSS - Tax Saver Fund | ELSS | 4.64% | ₹721.06Cr | ₹15,540Cr |
| HDFC Large Cap Fund | Large Cap Fund | 1.89% | ₹720.03Cr | ₹38,097Cr |
| Canara Robeco Large Cap Fund | Large Cap Fund | 4.32% | ₹711.04Cr | ₹16,459Cr |
| Nippon India Multi Cap Fund | Multi Cap Fund | 1.30% | ₹684.44Cr | ₹52,649Cr |
| Franklin India Flexi Cap Fund | Flexi Cap Fund | 3.56% | ₹673.88Cr | ₹18,941Cr |
| Kotak Balanced Advantage Fund | Dynamic Asset Allocation or Balanced Advantage | 3.85% | ₹654.01Cr | ₹16,987Cr |
| ICICI Prudential Arbitrage Fund | Arbitrage Fund | 1.96% | ₹633.95Cr | ₹32,407Cr |
| Axis Large Cap Fund | Large Cap Fund | 2.08% | ₹632.21Cr | ₹30,395Cr |
| Invesco India Contra Fund | Contra Fund | 3.16% | ₹615.95Cr | ₹19,492Cr |
| HDFC Arbitrage Fund | Arbitrage Fund | 2.36% | ₹579.24Cr | ₹24,544Cr |
| Aditya Birla Sun Life Flexi Cap Fund | Flexi Cap Fund | 2.23% | ₹574.63Cr | ₹25,788Cr |
| ICICI Prudential Banking & Financial Services Fund | Sectoral/ Thematic | 5.11% | ₹545.58Cr | ₹10,670Cr |
| SBI Nifty Index Fund | Index Funds | 3.98% | ₹525.70Cr | ₹13,208Cr |
| Nippon India ELSS Tax Saver Fund | ELSS | 3.53% | ₹517.57Cr | ₹14,662Cr |
| Aditya Birla Sun Life ELSS Tax Saver Fund | ELSS | 3.54% | ₹505.16Cr | ₹14,285Cr |
| Kotak Large Cap Fund | Large Cap Fund | 4.77% | ₹495.01Cr | ₹10,378Cr |
| Kotak Multi Asset Allocation Fund | Multi Asset Allocation | 3.60% | ₹490.66Cr | ₹13,629Cr |
| Bandhan Small Cap Fund | Small Cap Fund | 1.88% | ₹489.03Cr | ₹26,012Cr |
| SBI Flexicap Fund | Flexi Cap Fund | 2.28% | ₹487.75Cr | ₹21,393Cr |
| HSBC Value Fund | Value Fund | 3.17% | ₹465.42Cr | ₹14,682Cr |
| Kotak Nifty Bank ETF | Other ETFs | 10.27% | ₹464.13Cr | ₹4,519Cr |
| Axis Focused Fund | Focused Fund | 4.27% | ₹459.65Cr | ₹10,765Cr |
| DSP Flexi Cap Fund | Flexi Cap Fund | 3.56% | ₹420.66Cr | ₹11,816Cr |
| HDFC Large & Mid Cap Fund | Large & Mid Cap Fund | 1.47% | ₹416.58Cr | ₹28,339Cr |
| HDFC BSE Sensex Index Fund | Index Funds | 4.83% | ₹407.60Cr | ₹8,439Cr |
| Axis Flexi Cap Fund | Flexi Cap Fund | 3.19% | ₹403.54Cr | ₹12,650Cr |
| Nippon India Value Fund | Value Fund | 4.53% | ₹399.84Cr | ₹8,827Cr |
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 600 of the 686 holders. Nothing here is advice, and a stock being widely held is not an argument for owning it.
From the blog
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Only 4 current Nifty 50 stocks rose in March 2026; Coal India led with +4.6% and Tata Motors PV fell 22.6%. 24 stocks fell more than the index. Best and worst.
Frequently asked questions
Which mutual fund holds the most State Bank of India?
By rupee value, SBI Nifty 50 ETF from SBI — ₹8,237Cr, at 4.0% 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.
Which fund has the highest weight in State Bank of India?
Nippon India ETF Nifty PSU Bank BeES carries the largest weight at 34.0% of its portfolio. That is a different question from the largest rupee position — a small fund can hold a much bigger share of itself in one stock than a large fund does.
How many mutual funds hold State Bank of India?
686 schemes, holding ₹1,03,676Cr between them across the 600 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 State Bank of India 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.