Fund Tracker India by Ishaan Dungarwal
Guide
Fund categoriesHybridSep 2026

Multi asset allocation funds: what they hold and bought

SEBI's rule: At least three asset classes, with at least 10 % in each. Source: SEBI categorisation circular, 6 Oct 2017, as amended

31 multi asset allocation funds from 31 fund houses filed a portfolio for Sep 2026. Here is what most of them hold, and what they added and cut.

Category as AMFI lists it; the two AMFI spellings of a category are one page. Counted over open-ended schemes with an equity portfolio for the month, share counts from each fund house's monthly file. Value added or cut = change in shares × the month's value per share in that file, never a change in price.

Schemes31portfolio filed for Sep 2026, of 37
Fund houses31running one
Stocks held560listed on NSE, any scheme

Stocks most multi asset allocation funds hold, Sep 2026

Ranked by how many schemes in the category hold the stock; the average is its % of net assets in the schemes holding it.

schemes holding · average weight
  1. ICICIBANK ICICI Bank Ltd.
    30 of 31 · 3.63%
  2. HDFCBANK HDFC Bank Ltd.
    28 of 31 · 3.51%
  3. BHARTIARTL Bharti Airtel Ltd.
    28 of 31 · 2.09%
  4. RELIANCE Reliance Industries Ltd.
    26 of 31 · 2.49%
  5. SBIN State Bank of India
    26 of 31 · 1.73%
  6. LT Larsen & Toubro Ltd.
    22 of 31 · 1.59%
  7. AXISBANK Axis Bank Ltd.
    21 of 31 · 1.93%
  8. INFY Infosys Ltd.
    21 of 31 · 1.01%
  9. SUNPHARMA Sun Pharmaceutical Industries Ltd.
    21 of 31 · 0.99%
  10. KOTAKBANK Kotak Mahindra Bank Ltd.
    20 of 31 · 1.71%
  11. M&M Mahindra & Mahindra Ltd.
    20 of 31 · 1.17%
  12. ETERNAL Eternal Ltd.
    19 of 31 · 1.40%
  13. BAJFINANCE Bajaj Finance Ltd.
    18 of 31 · 1.13%
  14. TATASTEEL Tata Steel Ltd.
    18 of 31 · 0.97%
  15. ULTRACEMCO Ultratech Cement Ltd.
    18 of 31 · 0.77%
  16. NTPC NTPC Ltd.
    17 of 31 · 1.08%
  17. ONGC Oil & Natural Gas Corporation Ltd.
    17 of 31 · 0.71%
  18. TITAN Titan Company Ltd.
    16 of 31 · 0.93%
  19. ITC ITC Ltd.
    15 of 31 · 1.13%
  20. MARUTI Maruti Suzuki India Ltd.
    15 of 31 · 0.99%

Most bought, Sep 2026

value of shares added · schemes adding
  1. HDFCBANK HDFC Bank Ltd. · 12, 1 new
    +₹511 cr
  2. APOLLOHOSP Apollo Hospitals Enterprise Ltd. · 7, 3 new
    +₹436 cr
  3. BHARTIARTL Bharti Airtel Ltd. · 12
    +₹373 cr
  4. ELEVATE Elevate Campuses Limited · 2, 2 new
    +₹228 cr
  5. HDFCLIFE HDFC Life Insurance Company Ltd. · 7, 3 new
    +₹226 cr
  6. BAJAJFINSV Bajaj Finserv Ltd. · 3
    +₹211 cr
  7. ASIANPAINT Asian Paints Ltd. · 2
    +₹186 cr
  8. BRITANNIA Britannia Industries Ltd. · 2
    +₹181 cr
  9. M&M Mahindra & Mahindra Ltd. · 8
    +₹177 cr
  10. BIOCON Biocon Ltd. · 1
    +₹156 cr

Most sold, Sep 2026

value of shares cut · schemes cutting
  1. MOTHERSON Samvardhana Motherson International Ltd. · 2, 1 sold out
    −₹406 cr
  2. INFY Infosys Ltd. · 3, 1 sold out
    −₹394 cr
  3. GRASIM Grasim Industries Ltd. · 2, 2 sold out
    −₹355 cr
  4. UPL UPL Ltd. · 2, 2 sold out
    −₹266 cr
  5. LICHSGFIN LIC Housing Finance Ltd. · 1
    −₹170 cr
  6. PINELABS Pine Labs Ltd. · 1, 1 sold out
    −₹136 cr
  7. HYUNDAI Hyundai Motor India Ltd. · 3
    −₹130 cr
  8. OBEROIRLTY Oberoi Realty Ltd. · 1
    −₹115 cr
  9. BHARATFORG Bharat Forge Ltd. · 2, 1 sold out
    −₹110 cr
  10. DLF DLF Ltd. · 3, 2 sold out
    −₹101 cr

Multi asset allocation schemes (31)

largest AUM first
SchemeFund houseAUM1-year return
ICICI Prudential Multi Asset Allocation FundICICI Prudential Mutual Fund₹86,744 cr+2.6%
SBI MULTI ASSET ALLOCATION FUNDSBI Mutual Fund₹20,580 cr+5.3%
Nippon India Multi Asset Allocation FundNippon India Mutual Fund₹17,454 cr+8.2%
Kotak Multi Asset Allocation FundKotak Mahindra Mutual Fund₹15,048 cr+9.1%
DSP Multi Asset Allocation FundDSP Mutual Fund₹10,742 cr+9.5%
WhiteOak Capital Multi Asset Allocation FundWhiteOak Capital Mutual Fund₹8,527 cr+9.3%
Aditya Birla Sun Life Multi Asset Allocation FundAditya Birla Sun Life Mutual Fund₹7,410 cr+9.7%
UTI Multi Asset Allocation FundUTI Mutual Fund₹6,968 cr+2.8%
Quant Multi Asset Allocation Fundquant Mutual Fund₹6,467 cr+11.8%
HDFC Multi Asset Allocation FundHDFC Mutual Fund₹5,968 cr+3.8%
Tata Multi Asset Allocation FundTata Mutual Fund₹5,219 cr+3.1%
BANDHAN MULTI ASSET ALLOCATION FUNDBandhan Mutual Fund₹3,670 cr+9.1%
Mirae Asset Multi Asset Allocation FundMirae Asset Mutual Fund₹3,622 cr+9.0%
Sundaram Multi Asset Allocation FundSundaram Mutual Fund₹3,338 cr+2.6%
HSBC Multi Asset Allocation FundHSBC Mutual Fund₹3,161 cr+10.9%
Franklin India Multi Asset Allocation FundFranklin Templeton Mutual Fund₹2,884 cr+6.1%
Axis Multi Asset Allocation FundAxis Mutual Fund₹2,553 cr+7.6%
Bajaj Finserv Multi Asset Allocation FundBajaj Finserv Mutual Fund₹1,950 cr+5.6%
Baroda BNP Paribas Multi Asset FundBaroda BNP Paribas Mutual Fund₹1,464 cr+6.1%
Canara Robeco Multi Asset Allocation FundCanara Robeco Mutual Fund₹1,378 cr+9.1%
Invesco India Multi Asset Allocation FundInvesco Mutual Fund₹1,202 cr+9.8%
Union Multi Asset Allocation FundUnion Mutual Fund₹1,004 cr+8.1%
LIC MF Multi Asset Allocation FundLIC Mutual Fund₹987 cr+1.7%
360 ONE Multi Asset Allocation Fund360 ONE Mutual Fund₹500 cr+10.4%
Samco Multi Asset Allocation FundSamco Mutual Fund₹397 cr+3.2%
Groww Multi Asset Allocation FundGroww Mutual Fund₹387 cr+4.5%
Bank of India Multi Asset Allocation FundBank of India Mutual Fund₹372 cr+6.7%
PGIM India Multi Asset Allocation FundPGIM India Mutual Fund₹305 cr—
The Wealth Company Multi Asset Allocation FundThe Wealth Company Mutual Fund₹202 cr—
Shriram Multi Asset Allocation FundShriram Mutual Fund₹144 cr+6.0%
Capitalmind Multi Asset Allocation FundCapitalmind Mutual Fund₹38.6 cr—

AUM = AMFI's latest average AUM for the scheme; 1-year return = change in NAV over the year, as on each scheme page. Filter and compare every scheme

Questions about multi asset allocation funds

from the figures on this page

Which stocks do multi asset allocation funds hold the most?

In Sep 2026, 30 of the 31 multi asset allocation funds with a portfolio held ICICI Bank Ltd.. The five held by the most schemes: ICICI Bank Ltd. (ICICIBANK), HDFC Bank Ltd. (HDFCBANK), Bharti Airtel Ltd. (BHARTIARTL), Reliance Industries Ltd. (RELIANCE), State Bank of India (SBIN). Funds holding ICICIBANK

What did multi asset allocation funds buy and sell in Sep 2026?

Most bought by value of shares added: HDFC Bank Ltd. (HDFCBANK), Apollo Hospitals Enterprise Ltd. (APOLLOHOSP), Bharti Airtel Ltd. (BHARTIARTL). Most sold: Samvardhana Motherson International Ltd. (MOTHERSON), Infosys Ltd. (INFY), Grasim Industries Ltd. (GRASIM). All stocks bought and sold by mutual funds, Sep 2026

How many multi asset allocation funds are there?

AMFI lists 37 open-ended multi asset allocation funds; 31 from 31 fund houses filed an equity portfolio for Sep 2026. Filter every scheme

Other fund categories

Aggressive hybrid Arbitrage Balanced advantage or dynamic asset allocation Balanced hybrid Children's Conservative hybrid Contra Dividend yield ELSS (tax saver) Equity savings Flexi cap Focused Large & mid cap Large cap Life cycle Mid cap Multi cap Retirement Sectoral or thematic Small cap Value