Mutual Funds Holding Ashok Leyland Limited

Industrials144 fundsISIN INE208A01029

As of 30 September 2026, 144 Indian mutual funds hold Ashok Leyland Limited (Industrials), led by Sundaram Arbitrage Fund at 6.28% of its net assets, per the AMCs' SEBI-mandated monthly disclosures.

As of 30 September 2026, 144 Indian mutual fund schemes disclose a holding in Ashok Leyland Limited (Industrials). The table below lists every fund holding this stock along with its weight as a percentage of the fund's net assets (% to NAV), sorted from the highest conviction position downward.

Holding Analysis

Across the 144 funds holding Ashok Leyland Limited, the average position size is 0.99% of net assets. The highest-conviction holder is Sundaram Arbitrage Fund (Hybrid), at 6.28%. Hybrid funds account for 66 of the 144 holders, with the rest spread across 2 other categories. Over the last month, 8 funds initiated a new position and 7 funds exited, with the largest weight change at ICICI Prudential Focused Equity Fund (+1.01pp to 2.63%).

Fund Activity Last Month

How funds changed their Ashok Leyland Limited position between their two latest monthly disclosures. Weights are % to NAV; weight moves can also reflect price changes, not only buying or selling.

8 started a position7 exited9 increased15 reduced

New Positions

LIC MF MID CAP FUND at 1.98%
Aditya Birla Sun Life Mnc Fund at 1.47%
Baroda BNP Paribas Business Cycle Fund at 1.44%
Sundaram Small Cap Fund at 1.21%
Aditya Birla Sun Life Conglomerate Fund at 1.03%
Aditya Birla Sun Life Balanced Advantage Fund at 0.71%
Sundaram Balanced Advantage Fund at 0.33%
Axis Multi Asset Allocation Fund at 0.02%

Complete Exits

Invesco India Manufacturing Fund was 2.2%
SBI Flexicap Fund was 1%
PGIM INDIA LARGE AND MIDCAP FUND was 0.7%
Bandhan Large & Mid Cap Fund was 0.27%
JioBlackRock Large Cap Fund was 0.08%
Axis Midcap Fund was 0.07%
JioBlackRock Flexi Cap Fund was 0.05%

Weight Increased

Fund	Weight	Change
ICICI Prudential Focused Equity Fund	1.62% → 2.63%	▲ +1.01
Kotak Rural Opportunities Fund	1.1% → 1.63%	▲ +0.53
Sundaram Aggressive Hybrid Fund	0.39% → 0.71%	▲ +0.32
Sundaram Multi Asset Allocation Fund	0.36% → 0.67%	▲ +0.31
The Wealth Company Multiasset Alloc Fund	0.56% → 0.85%	▲ +0.29
Sundaram Dynamic Asset Allocation Fund	0.35% → 0.62%	▲ +0.27
Sundaram Multi Cap Fund	1.6% → 1.87%	▲ +0.27
Edelweiss Mid Cap Fund	1.29% → 1.48%	▲ +0.19
Sundaram Equity Savings Fund	0.21% → 0.37%	▲ +0.16

Weight Reduced

Fund	Weight	Change
Navi ELSS Tax Saver Fund	4.9% → 4.07%	▼ -0.83
UTI Quant Fund	0.92% → 0.32%	▼ -0.6
Groww ELSS Tax Saver Fund	1.32% → 0.79%	▼ -0.53
Edelweiss Elss Tax Saver Fund	0.98% → 0.46%	▼ -0.52
Kotak Transportation & Logistics Fund	3.81% → 3.31%	▼ -0.5
ICICI Prudential Rural Opportunities Fund	1.76% → 1.34%	▼ -0.42
Sundaram Arbitrage Fund	6.64% → 6.28%	▼ -0.36
Nippon India Arbitrage Fund	0.52% → 0.18%	▼ -0.34
TRUSTMF Mid Cap Fund	1.36% → 1.02%	▼ -0.34
NIPPON INDIA EQUITY SAVINGS FUND	3.7% → 3.37%	▼ -0.33
Helios Arbitrage Fund	2.87% → 2.55%	▼ -0.32
ICICI Prudential Transportation and Logistics Fund	3.03% → 2.71%	▼ -0.32
Kotak MNC Fund	3.04% → 2.75%	▼ -0.29
Groww Multi Asset Allocation Fund	1.43% → 1.18%	▼ -0.25
LIC MF EQUITY SAVINGS FUND	1.81% → 1.59%	▼ -0.22

Funds Holding Ashok Leyland Limited

#	Fund	AMC	Category	% to NAV
1	Sundaram Arbitrage Fund	Sundaram Mutual Fund	Hybrid	6.28%
2	Navi ELSS Tax Saver Fund	Navi Mutual Fund	Equity	4.07%
3	ICICI Prudential Focused Fund	ICICI Prudential Mutual Fund	Equity	3.52%
4	NIPPON INDIA EQUITY SAVINGS FUND	Nippon India Mutual Fund	Hybrid	3.37%
5	Kotak Transportation & Logistics Fund	Kotak Mahindra Mutual Fund	Thematic	3.31%
6	Quant Fund	360 ONE Mutual Fund	Equity	2.91%
7	Kotak MNC Fund	Kotak Mahindra Mutual Fund	Thematic	2.75%
8	ICICI Prudential Transportation and Logistics Fund	ICICI Prudential Mutual Fund	Thematic	2.71%
9	ICICI Prudential Focused Equity Fund	ICICI Prudential Mutual Fund	Equity	2.63%
10	HDFC MNC Fund	HDFC Mutual Fund	Thematic	2.57%
11	Helios Arbitrage Fund	Helios Mutual Fund	Hybrid	2.55%
12	Groww Multicap Fund	Groww Mutual Fund	Equity	2.49%
13	Motilal Oswal Flexi Cap Fund	Motilal Oswal Mutual Fund	Equity	2.29%
14	JM Midcap Fund	JM Financial Mutual Fund	Equity	2.27%
15	SBI Large and Midcap Fund	SBI Mutual Fund	Equity	2.13%
16	Kotak Large & Midcap Fund	Kotak Mahindra Mutual Fund	Equity	2.12%
17	Kotak Infrastructure and Economic Reform Fund	Kotak Mahindra Mutual Fund	Thematic	1.98%
18	LIC MF MID CAP FUND	LIC Mutual Fund	Equity	1.98%
19	Sundaram Multi Cap Fund	Sundaram Mutual Fund	Equity	1.87%
20	Franklin India Mid Cap Fund	Franklin Templeton Mutual Fund	Equity	1.85%
21	Edelweiss Large & Mid Cap Fund	Edelweiss Mutual Fund	Equity	1.81%
22	Sundaram Mid Cap Fund	Sundaram Mutual Fund	Equity	1.75%
23	Aditya Birla Sun Life Transportation And Logistics Fund	Aditya Birla Sun Life Mutual Fund	Thematic	1.65%
24	HSBC Midcap Fund	HSBC Mutual Fund	Equity	1.65%
25	WhiteOak Capital Equity Savings Fund	WhiteOak Capital Mutual Fund	Hybrid	1.64%
26	Kotak Rural Opportunities Fund	Kotak Mahindra Mutual Fund	Thematic	1.63%
27	LIC MF EQUITY SAVINGS FUND	LIC Mutual Fund	Hybrid	1.59%
28	Baroda BNP Paribas Mid Cap Fund	Baroda BNP Paribas Mutual Fund	Equity	1.53%
29	Franklin India Multi Asset Allocation Fund	Franklin Templeton Mutual Fund	Hybrid	1.53%
30	Sundaram Value Fund	Sundaram Mutual Fund	Equity	1.52%
31	Edelweiss Mid Cap Fund	Edelweiss Mutual Fund	Equity	1.48%
32	HSBC Flexi Cap Fund	HSBC Mutual Fund	Equity	1.48%
33	Kotak Manufacture In India Fund	Kotak Mahindra Mutual Fund	Thematic	1.48%
34	Aditya Birla Sun Life Mnc Fund	Aditya Birla Sun Life Mutual Fund	Thematic	1.47%
35	Baroda BNP Paribas Business Cycle Fund	Baroda BNP Paribas Mutual Fund	Thematic	1.44%
36	Sundaram Multi-Factor Fund	Sundaram Mutual Fund	Equity	1.4%
37	Franklin India Flexi Cap Fund	Franklin Templeton Mutual Fund	Equity	1.38%
38	ITI Mid Cap Fund	ITI Mutual Fund	Equity	1.36%
39	ICICI Prudential Rural Opportunities Fund	ICICI Prudential Mutual Fund	Thematic	1.34%
40	Franklin India Aggressive Hybrid Fund	Franklin Templeton Mutual Fund	Hybrid	1.29%
41	Axis Momentum Fund	Axis Mutual Fund	Equity	1.28%
42	Franklin India Balanced Advantage Fund	Franklin Templeton Mutual Fund	Hybrid	1.26%
43	Sundaram Small Cap Fund	Sundaram Mutual Fund	Equity	1.21%
44	Groww Multi Asset Allocation Fund	Groww Mutual Fund	Hybrid	1.18%
45	Bandhan Mid Cap Fund	Bandhan Mutual Fund	Equity	1.17%
46	Nippon India Growth Mid Cap Fund	Nippon India Mutual Fund	Equity	1.14%
47	UTI - Mid Cap Fund	UTI Mutual Fund	Equity	1.13%
48	HSBC Consumption Fund	HSBC Mutual Fund	Thematic	1.11%
49	Kotak Contra Fund	Kotak Mahindra Mutual Fund	Equity	1.11%
50	TATA MID CAP FUND	Tata Mutual Fund	Equity	1.05%
51	Aditya Birla Sun Life Conglomerate Fund	Aditya Birla Sun Life Mutual Fund	Thematic	1.03%
52	Groww Value Fund	Groww Mutual Fund	Equity	1.02%
53	TRUSTMF Mid Cap Fund	Trust Mutual Fund	Equity	1.02%
54	Aditya Birla Sun Life Midcap Fund	Aditya Birla Sun Life Mutual Fund	Equity	1%
55	CANARA ROBECO VALUE FUND	Canara Robeco Mutual Fund	Equity	0.98%
56	Edelweiss Flexi-Cap Fund	Edelweiss Mutual Fund	Equity	0.98%
57	Motilal Oswal Arbitrage Fund	Motilal Oswal Mutual Fund	Hybrid	0.97%
58	ICICI Prudential Business Cycle Fund	ICICI Prudential Mutual Fund	Thematic	0.93%
59	JM Large and Midcap Fund	JM Financial Mutual Fund	Equity	0.93%
60	Groww Large Cap Fund	Groww Mutual Fund	Equity	0.9%
61	Edelweiss Business Cycle Fund	Edelweiss Mutual Fund	Thematic	0.87%
62	Kotak Dividend Yield Fund	Kotak Mahindra Mutual Fund	Equity	0.86%
63	Edelweiss Multi Cap Fund	Edelweiss Mutual Fund	Equity	0.85%
64	The Wealth Company Multiasset Alloc Fund	The Wealth Company Mutual Fund	Hybrid	0.85%
65	Baroda BNP Paribas Multi Cap Fund	Baroda BNP Paribas Mutual Fund	Equity	0.8%
66	Groww ELSS Tax Saver Fund	Groww Mutual Fund	Equity	0.79%
67	TRUSTMF Large & Mid Cap Fund	Trust Mutual Fund	Equity	0.74%
68	UTI - Transportation and Logistics Fund	UTI Mutual Fund	Thematic	0.73%
69	Aditya Birla Sun Life Balanced Advantage Fund	Aditya Birla Sun Life Mutual Fund	Hybrid	0.71%
70	CANARA ROBECO MULTI CAP FUND	Canara Robeco Mutual Fund	Equity	0.71%
71	PGIM INDIA MIDCAP FUND	PGIM India Mutual Fund	Equity	0.71%
72	Sundaram Aggressive Hybrid Fund	Sundaram Mutual Fund	Hybrid	0.71%
73	Sundaram Dividend Yield Fund	Sundaram Mutual Fund	Equity	0.71%
74	HSBC Balanced Advantage Fund	HSBC Mutual Fund	Hybrid	0.69%
75	Sundaram Multi Asset Allocation Fund	Sundaram Mutual Fund	Hybrid	0.67%
76	Edelweiss Arbitrage Fund	Edelweiss Mutual Fund	Hybrid	0.63%
77	Axis India Manufacturing Fund	Axis Mutual Fund	Thematic	0.62%
78	Bajaj Finserv Arbitrage Fund	Bajaj Finserv Mutual Fund	Hybrid	0.62%
79	ICICI Prudential Innovation Fund	ICICI Prudential Mutual Fund	Thematic	0.62%
80	Sundaram Dynamic Asset Allocation Fund	Sundaram Mutual Fund	Hybrid	0.62%
81	Mirae Asset Arbitrage Fund	Mirae Asset Mutual Fund	Hybrid	0.59%
82	Sundaram Infrastructure Advantage Fund	Sundaram Mutual Fund	Thematic	0.59%
83	HDFC Large and Mid Cap Fund	HDFC Mutual Fund	Equity	0.58%
84	UTI Multi Asset Allocation Fund	UTI Mutual Fund	Hybrid	0.58%
85	CANARA ROBECO ELSS TAX SAVER	Canara Robeco Mutual Fund	Equity	0.55%
86	Groww Aggressive Hybrid Fund	Groww Mutual Fund	Hybrid	0.55%
87	CANARA ROBECO ELSS - TAX SAVER FUND	Canara Robeco Mutual Fund	Equity	0.54%
88	Navi Flexi Cap Fund	Navi Mutual Fund	Equity	0.54%
89	UTI - MNC Fund	UTI Mutual Fund	Thematic	0.53%
90	Bandhan Arbitrage Fund	Bandhan Mutual Fund	Hybrid	0.51%
91	Mirae Asset Equity Savings Fund	Mirae Asset Mutual Fund	Hybrid	0.51%
92	WhiteOak Capital Arbitrage Fund	WhiteOak Capital Mutual Fund	Hybrid	0.51%
93	PGIM INDIA AGGRESSIVE HYBRID EQUITY FUND	PGIM India Mutual Fund	Hybrid	0.49%
94	DSP Arbitrage Fund	DSP Mutual Fund	Hybrid	0.46%
95	Edelweiss Elss Tax Saver Fund	Edelweiss Mutual Fund	Equity	0.46%
96	Edelweiss Large Cap Fund	Edelweiss Mutual Fund	Equity	0.46%
97	HDFC Flexi Cap Fund	HDFC Mutual Fund	Equity	0.46%
98	PGIM INDIA MULTI CAP FUND	PGIM India Mutual Fund	Equity	0.45%
99	Zerodha Life Cycle Fund 2041	Zerodha Mutual Fund	Hybrid	0.44%
100	Franklin India Arbitrage Fund	Franklin Templeton Mutual Fund	Hybrid	0.43%
101	Unifi Dynamic Asset Allocation Fund	Unifi Mutual Fund	Hybrid	0.42%
102	HSBC Infrastructure Fund	HSBC Mutual Fund	Thematic	0.4%
103	Aditya Birla Sun Life Arbitrage Fund	Aditya Birla Sun Life Mutual Fund	Hybrid	0.39%
104	PGIM INDIA ELSS TAX SAVER FUND	PGIM India Mutual Fund	Equity	0.39%
105	Samco Dynamic Asset Allocation Fund	Samco Mutual Fund	Hybrid	0.38%
106	Edelweiss Aggressive Hybrid Fund	Edelweiss Mutual Fund	Hybrid	0.37%
107	Franklin India Conservative Hybrid Fund	Franklin Templeton Mutual Fund	Hybrid	0.37%
108	Navi Aggressive Hybrid Fund	Navi Mutual Fund	Hybrid	0.37%
109	Sundaram Equity Savings Fund	Sundaram Mutual Fund	Hybrid	0.37%
110	Zerodha Life Cycle Fund 2036	Zerodha Mutual Fund	Hybrid	0.37%
111	PGIM INDIA BALANCED ADVANTAGE FUND	PGIM India Mutual Fund	Hybrid	0.36%
112	HDFC Arbitrage Fund	HDFC Mutual Fund	Hybrid	0.34%
113	Axis Arbitrage Fund	Axis Mutual Fund	Hybrid	0.33%
114	PGIM INDIA MULTI ASSET ALLOCATION FUND	PGIM India Mutual Fund	Hybrid	0.33%
115	Sundaram Balanced Advantage Fund	Sundaram Mutual Fund	Hybrid	0.33%
116	Edelweiss Balanced Advantage Fund	Edelweiss Mutual Fund	Hybrid	0.32%
117	UTI Quant Fund	UTI Mutual Fund	Equity	0.32%
118	Kotak Conservative Hybrid Fund	Kotak Mahindra Mutual Fund	Hybrid	0.28%
119	Kotak Debt Hybrid Fund	Kotak Mahindra Mutual Fund	Hybrid	0.28%
120	Edelweiss Multi Asset Allocation Fund	Edelweiss Mutual Fund	Hybrid	0.27%
121	JM Arbitrage Fund	JM Financial Mutual Fund	Hybrid	0.27%
122	SBI Arbitrage Opportunities Fund	SBI Mutual Fund	Hybrid	0.27%
123	Zerodha Life Cycle Fund 2031	Zerodha Mutual Fund	Hybrid	0.27%
124	JioBlackRock Arbitrage Fund	Jio BlackRock Mutual Fund	Hybrid	0.25%
125	Bandhan Balanced Advantage Fund	Bandhan Mutual Fund	Hybrid	0.23%
126	JioBlackRock Sector Rotation Fund	Jio BlackRock Mutual Fund	Thematic	0.23%
127	Old Bridge Arbitrage Fund	Old Bridge Mutual Fund	Hybrid	0.2%
128	Nippon India Arbitrage Fund	Nippon India Mutual Fund	Hybrid	0.18%
129	HDFC Balanced Advantage Fund	HDFC Mutual Fund	Hybrid	0.17%
130	Mirae Asset Multi Asset Allocation Fund	Mirae Asset Mutual Fund	Hybrid	0.14%
131	SBI Arbitrage Fund	SBI Mutual Fund	Hybrid	0.14%
132	ICICI Prudential Arbitrage Fund	ICICI Prudential Mutual Fund	Hybrid	0.12%
133	Kotak Balanced Advantage Fund	Kotak Mahindra Mutual Fund	Hybrid	0.09%
134	Mirae Asset Balanced Advantage Fund	Mirae Asset Mutual Fund	Hybrid	0.06%
135	Edelweiss Equity Savings Fund	Edelweiss Mutual Fund	Hybrid	0.04%
136	Axis Multi Asset Allocation Fund	Axis Mutual Fund	Hybrid	0.02%
137	HSBC Arbitrage Fund	HSBC Mutual Fund	Hybrid	0.01%
138	ICICI Prudential Large & Mid Cap Fund	ICICI Prudential Mutual Fund	Equity	0.01%
139	NJ Balanced Advantage Fund	NJ Mutual Fund	Hybrid	0%
140	Parag Parikh Flexi Cap Fund	PPFAS Mutual Fund	Equity	0%
141	TATA ARBITRAGE FUND	Tata Mutual Fund	Hybrid	0%
142	quant Arbitrage Fund	quant Mutual Fund	Hybrid	0%
143	Kotak Arbitrage Fund	Kotak Mahindra Mutual Fund	Hybrid	-0.01%
144	UTI - Arbitrage Fund	UTI Mutual Fund	Hybrid	-0.01%

Want to interpret these weights? Read How to Read a Mutual Fund's Monthly Portfolio Disclosure, or look up terms like % to NAV and conviction in the glossary.

Source: SEBI-mandated monthly portfolio disclosures by Indian AMCs. Percentages are of each fund's net assets on its latest disclosure date. For information only, not investment advice.