Mutual fund analysis · monthly moves
What funds bought and sold in September 2026
September 2026: across 102 schemes of HDFC, Nippon India, PPFAS, SBI, the biggest fresh position was SBI Smallcap Fund buying Rhi Magnesita India Limited (₹641 cr); the biggest full exit was SBI Smallcap Fund selling out of Star Health and Allied Insurance Company Limited.
Fresh positions
Stocks a scheme held in September 2026 but not in August 2026, by position size.
| Company | Scheme | Fund house | Position |
|---|---|---|---|
| Rhi Magnesita India Limited | SBI Smallcap Fund | SBI | ₹641 cr |
| Bajaj Finance Limited | SBI Flexicap Fund | SBI | ₹553 cr |
| Kotak Mahindra Bank Limited | SBI Large and Midcap Fund | SBI | ₹537 cr |
| Star Health and Allied Insurance Company Limited | SBI Balanced Advantage Fund | SBI | ₹520 cr |
| Swiggy Limited | SBI Contra Fund | SBI | ₹450 cr |
| Tata Motors Limited | SBI Flexicap Fund | SBI | ₹428 cr |
| Westlife Foodworld Limited | SBI Large and Midcap Fund | SBI | ₹413 cr |
| Swiggy Limited | SBI Balanced Advantage Fund | SBI | ₹375 cr |
| PB Fintech Limited | HDFC Focused Fund | HDFC | ₹310 cr |
| MOLBIO | HDFC Flexi Cap Fund | HDFC | ₹301 cr |
| Axis Bank | SBI Banking And Financial Services Fund | SBI | ₹294 cr |
| Billionbrains Garage Ventures Limited | SBI ELSS Tax Saver Fund | SBI | ₹276 cr |
| Swiggy Limited | SBI Large Cap Fund | SBI | ₹275 cr |
| Solar Industries India Limited | SBI Flexicap Fund | SBI | ₹268 cr |
| Bharti Airtel Limited | NIPPON INDIA LARGE CAP FUND | Nippon India | ₹264 cr |
Full exits
Stocks a scheme held in August 2026 and not at all in September 2026, by the stake sold.
| Company | Scheme | Fund house | Position |
|---|---|---|---|
| Star Health and Allied Insurance Company Limited | SBI Smallcap Fund | SBI | ₹551 cr |
| State Bank of India | SBI Banking And Financial Services Fund | SBI | ₹530 cr |
| Westlife Foodworld Limited | SBI Aggressive Hybrid Fund | SBI | ₹406 cr |
| Escorts Kubota Limited | HDFC Focused Fund | HDFC | ₹403 cr |
| State Bank of India | SBI ELSS Tax Saver Fund | SBI | ₹329 cr |
| DLF Limited | SBI Balanced Advantage Fund | SBI | ₹317 cr |
| Bajaj Finserv Limited | Nippon India Focused Fund | Nippon India | ₹303 cr |
| Life Insurance Corporation Of India | SBI Children's Fund - Investment Plan | SBI | ₹293 cr |
| Meesho Limited | SBI Smallcap Fund | SBI | ₹290 cr |
| InterGlobe Aviation Limited | Nippon India Multi Cap Fund | Nippon India | ₹260 cr |
| HDFC AMC | SBI Flexicap Fund | SBI | ₹252 cr |
| State Bank of India | Nippon India Focused Fund | Nippon India | ₹240 cr |
| Infosys | SBI MultiCap Fund | SBI | ₹238 cr |
| Ashok Leyland Limited | SBI Flexicap Fund | SBI | ₹232 cr |
| Life Insurance Corporation Of India | SBI Midcap Fund | SBI | ₹207 cr |
Biggest adds
Existing positions increased by 15% or more, by the value added.
Biggest trims
Existing positions cut by 15% or more, by the value sold.
| Company | Scheme | Fund house | Stake change | Value moved |
|---|---|---|---|---|
| State Bank of India | SBI Large and Midcap Fund | SBI | -67% | ₹736 cr |
| Britannia Industries Limited | SBI Large Cap Fund | SBI | -91% | ₹382 cr |
| BSE Limited | SBI Flexicap Fund | SBI | -100% | ₹319 cr |
| AU Small Finance Bank Limited | SBI Flexicap Fund | SBI | -70% | ₹272 cr |
| Oberoi Realty Limited | SBI Aggressive Hybrid Fund | SBI | -52% | ₹267 cr |
| Divi's Laboratories Limited | SBI Focused Fund | SBI | -17% | ₹251 cr |
| Bharat Electronics Limited | HDFC Arbitrage Fund | HDFC | -67% | ₹241 cr |
| Bajaj Auto | SBI Flexicap Fund | SBI | -27% | ₹217 cr |
| Jindal Steel Limited | SBI Large and Midcap Fund | SBI | -28% | ₹204 cr |
| NTPC Limited | HDFC Arbitrage Fund | HDFC | -49% | ₹183 cr |
| Aurobindo Pharma Limited | SBI Contra Fund | SBI | -68% | ₹178 cr |
| Reliance Industries Limited | Nippon India Multi Cap Fund | Nippon India | -20% | ₹178 cr |
| GAIL (India) Limited | SBI ELSS Tax Saver Fund | SBI | -59% | ₹174 cr |
| One 97 | HDFC Arbitrage Fund | HDFC | -87% | ₹171 cr |
| Jio Financial Services Limited | NIPPON INDIA SMALL CAP FUND | Nippon India | -52% | ₹162 cr |