Mutual Funds Holding Asian Paints Limited

Consumer Discretionary142 fundsISIN INE021A01026

As of 31 July 2026, 142 Indian mutual funds hold Asian Paints Limited (Consumer Discretionary), led by ICICI PRUDENTIAL HOUSING OPPORTUNITIES FUND at 5.66% of its net assets, per the AMCs' SEBI-mandated monthly disclosures.

As of 31 July 2026, 142 Indian mutual fund schemes disclose a holding in Asian Paints Limited (Consumer Discretionary). 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 142 funds holding Asian Paints Limited, the average position size is 1.14% of net assets. The highest-conviction holder is ICICI PRUDENTIAL HOUSING OPPORTUNITIES FUND (Thematic), at 5.66%. Hybrid funds account for 64 of the 142 holders, with the rest spread across 2 other categories. Over the last month, 12 funds initiated a new position and 5 funds exited, with the largest weight change at TATA HOUSING OPPORTUNITIES FUND (+1.99pp to 3.29%).

Fund Activity Last Month

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

12 started a position5 exited13 increased10 reduced

New Positions

ICICI Prudential Equity Minimum Variance Fund at 3.4%
Axis Momentum Fund at 1.71%
NJ Arbitrage Fund at 0.74%
Groww Arbitrage Fund at 0.62%
Groww Aggressive Hybrid Fund at 0.53%
TRUSTMF Arbitrage Fund at 0.45%
DSP Arbitrage Fund at 0.33%
Kotak Active Momentum Fund at 0.33%
DSP Multi Asset Allocation Fund at 0.26%
Mahindra Manulife Arbitrage Fund at 0.21%
Axis Arbitrage Fund at 0.04%
Parag Parikh Arbitrage Fund at 0.04%

Complete Exits

JM Aggressive Hybrid Fund was 1.08%
Franklin India Large Cap Fund was 1.06%
Franklin India Large & Mid Cap Fund was 0.97%
Baroda BNP Paribas Arbitrage Fund was 0.02%
ICICI Prudential Equity & Debt Fund was 0.01%

Weight Increased

Fund	Weight	Change
TATA HOUSING OPPORTUNITIES FUND	1.3% → 3.29%	▲ +1.99
SBI Quant Fund	2.35% → 4.15%	▲ +1.8
Baroda BNP Paribas India Consumption Fund	1.4% → 2.44%	▲ +1.04
DSP Large Cap Fund	1.06% → 2.05%	▲ +0.99
Bajaj Finserv Consumption Fund	2.24% → 2.78%	▲ +0.54
The Wealth Company Multiasset Alloc Fund	1.16% → 1.57%	▲ +0.41
Mirae Asset Great Consumer Fund	4.06% → 4.42%	▲ +0.36
WhiteOak Capital ESG Best-In-Class Strategy Fund	1.37% → 1.69%	▲ +0.32
Bajaj Finserv Flexi Cap Fund	1.21% → 1.42%	▲ +0.21
Helios Arbitrage Fund	0.41% → 0.59%	▲ +0.18
CANARA ROBECO LARGE CAP FUND	0.51% → 0.68%	▲ +0.17
ICICI Prudential FMCG Fund	1.03% → 1.17%	▲ +0.14
HDFC Housing Opportunities Fund	1.99% → 2.11%	▲ +0.12

Weight Reduced

Fund	Weight	Change
SBI Equity Minimum Variance Fund	2.7% → 1.46%	▼ -1.24
UTI - Large Cap Fund	0.92% → 0.31%	▼ -0.61
UTI - Master Equity Plan Unit Scheme	0.86% → 0.27%	▼ -0.59
SBI MultiCap Fund	2.9% → 2.5%	▼ -0.4
JM Arbitrage Fund	0.45% → 0.2%	▼ -0.25
NIPPON INDIA VALUE FUND	1.96% → 1.71%	▼ -0.25
Bajaj Finserv Large Cap Fund	3.13% → 2.96%	▼ -0.17
ICICI Prudential Business Cycle Fund	2.16% → 1.99%	▼ -0.17
Motilal Oswal Arbitrage Fund	0.29% → 0.16%	▼ -0.13
ICICI Prudential Large Cap Fund	1.91% → 1.79%	▼ -0.12

Funds Holding Asian Paints Limited

#	Fund	AMC	Category	% to NAV
1	ICICI PRUDENTIAL HOUSING OPPORTUNITIES FUND	ICICI Prudential Mutual Fund	Thematic	5.66%
2	SBI Consumption Opportunities Fund	SBI Mutual Fund	Thematic	4.87%
3	Mirae Asset Great Consumer Fund	Mirae Asset Mutual Fund	Thematic	4.42%
4	SBI Quant Fund	SBI Mutual Fund	Equity	4.15%
5	SBI Large Cap Fund	SBI Mutual Fund	Equity	3.67%
6	Axis Consumption Fund	Axis Mutual Fund	Thematic	3.56%
7	NIPPON INDIA CONSUMPTION FUND	Nippon India Mutual Fund	Thematic	3.52%
8	ICICI Prudential Equity Minimum Variance Fund	ICICI Prudential Mutual Fund	Equity	3.4%
9	TATA HOUSING OPPORTUNITIES FUND	Tata Mutual Fund	Thematic	3.29%
10	HDFC Consumption Fund	HDFC Mutual Fund	Thematic	3.22%
11	SBI ESG Exclusionary Strategy Fund	SBI Mutual Fund	Thematic	3.01%
12	Franklin India Opportunities Fund	Franklin Templeton Mutual Fund	Equity	2.99%
13	Bajaj Finserv Large Cap Fund	Bajaj Finserv Mutual Fund	Equity	2.96%
14	Bajaj Finserv Consumption Fund	Bajaj Finserv Mutual Fund	Thematic	2.78%
15	DSP Business Cycle Fund	DSP Mutual Fund	Thematic	2.75%
16	SBI Large and Midcap Fund	SBI Mutual Fund	Equity	2.5%
17	SBI MultiCap Fund	SBI Mutual Fund	Equity	2.5%
18	Baroda BNP Paribas India Consumption Fund	Baroda BNP Paribas Mutual Fund	Thematic	2.44%
19	HDFC Housing Opportunities Fund	HDFC Mutual Fund	Thematic	2.11%
20	CANARA ROBECO CONSUMPTION FUND	Canara Robeco Mutual Fund	Thematic	2.06%
21	DSP Large Cap Fund	DSP Mutual Fund	Equity	2.05%
22	Bajaj Finserv Multi Cap Fund	Bajaj Finserv Mutual Fund	Equity	2.03%
23	Nippon India Active Momentum Fund	Nippon India Mutual Fund	Equity	2.03%
24	ICICI Prudential Business Cycle Fund	ICICI Prudential Mutual Fund	Thematic	1.99%
25	ICICI Prudential Large Cap Fund	ICICI Prudential Mutual Fund	Equity	1.79%
26	Sundaram Consumption Fund	Sundaram Mutual Fund	Thematic	1.77%
27	NIPPON INDIA QUANT FUND	Nippon India Mutual Fund	Equity	1.76%
28	JioBlackRock Large Cap Fund	Jio BlackRock Mutual Fund	Equity	1.73%
29	SBI Equity Hybrid Fund	SBI Mutual Fund	Hybrid	1.72%
30	Axis Momentum Fund	Axis Mutual Fund	Equity	1.71%
31	NIPPON INDIA VALUE FUND	Nippon India Mutual Fund	Equity	1.71%
32	UTI Multi Asset Allocation Fund	UTI Mutual Fund	Hybrid	1.69%
33	WhiteOak Capital ESG Best-In-Class Strategy Fund	WhiteOak Capital Mutual Fund	Thematic	1.69%
34	SBI Dividend Yield Fund	SBI Mutual Fund	Equity	1.59%
35	ICICI Prudential Quant Fund	ICICI Prudential Mutual Fund	Equity	1.57%
36	The Wealth Company Multiasset Alloc Fund	The Wealth Company Mutual Fund	Hybrid	1.57%
37	DSP India T.I.G.E.R. Fund	DSP Mutual Fund	Thematic	1.56%
38	Mirae Asset Large Cap Fund	Mirae Asset Mutual Fund	Equity	1.54%
39	SBI Conservative Hybrid Fund	SBI Mutual Fund	Hybrid	1.51%
40	Franklin India Multi-Factor Fund	Franklin Templeton Mutual Fund	Equity	1.49%
41	Mahindra Manulife Consumption Fund	Mahindra Manulife Mutual Fund	Thematic	1.49%
42	SBI Equity Minimum Variance Fund	SBI Mutual Fund	Equity	1.46%
43	JioBlackRock Flexi Cap Fund	Jio BlackRock Mutual Fund	Equity	1.45%
44	Bajaj Finserv Flexi Cap Fund	Bajaj Finserv Mutual Fund	Equity	1.42%
45	Nippon India Vision Large & Mid Cap Fund	Nippon India Mutual Fund	Equity	1.39%
46	Aditya Birla Sun Life Manufacturing Equity Fund	Aditya Birla Sun Life Mutual Fund	Thematic	1.38%
47	ICICI Prudential Value Fund	ICICI Prudential Mutual Fund	Equity	1.38%
48	Aditya Birla Sun Life Consumption Fund	Aditya Birla Sun Life Mutual Fund	Thematic	1.37%
49	SBI ELSS Tax Saver Fund	SBI Mutual Fund	Equity	1.35%
50	DSP Large & Mid Cap Fund	DSP Mutual Fund	Equity	1.33%
51	Invesco India Largecap Fund	Invesco Mutual Fund	Equity	1.32%
52	DSP ELSS Tax Saver Fund	DSP Mutual Fund	Equity	1.29%
53	LIC MF EQUITY SAVINGS FUND	LIC Mutual Fund	Hybrid	1.28%
54	WhiteOak Capital Quality Equity Fund	WhiteOak Capital Mutual Fund	Equity	1.26%
55	Axis Business Cycles Fund	Axis Mutual Fund	Thematic	1.18%
56	PGIM INDIA LARGE CAP FUND	PGIM India Mutual Fund	Equity	1.18%
57	ICICI Prudential FMCG Fund	ICICI Prudential Mutual Fund	Thematic	1.17%
58	Franklin India Flexi Cap Fund	Franklin Templeton Mutual Fund	Equity	1.13%
59	Bajaj Finserv Multi Asset Allocation Fund	Bajaj Finserv Mutual Fund	Hybrid	1.09%
60	Franklin India Aggressive Hybrid Fund	Franklin Templeton Mutual Fund	Hybrid	1.05%
61	JM Flexicap Fund	JM Financial Mutual Fund	Equity	1.05%
62	WhiteOak Capital Large Cap Fund	WhiteOak Capital Mutual Fund	Equity	1.05%
63	DSP Aggressive Hybrid Fund	DSP Mutual Fund	Hybrid	0.98%
64	Old Bridge Arbitrage Fund	Old Bridge Mutual Fund	Hybrid	0.92%
65	UTI - Flexi Cap Fund	UTI Mutual Fund	Equity	0.92%
66	Parag Parikh Large Cap Fund	PPFAS Mutual Fund	Equity	0.9%
67	Bajaj Finserv Balanced Advantage Fund	Bajaj Finserv Mutual Fund	Hybrid	0.88%
68	Franklin India Balanced Advantage Fund	Franklin Templeton Mutual Fund	Hybrid	0.87%
69	WhiteOak Capital ELSS Tax Saver Fund	WhiteOak Capital Mutual Fund	Equity	0.87%
70	Kotak Rural Opportunities Fund	Kotak Mahindra Mutual Fund	Thematic	0.85%
71	Nippon India Flexi Cap Fund	Nippon India Mutual Fund	Equity	0.85%
72	SBI Balanced Advantage Fund	SBI Mutual Fund	Hybrid	0.84%
73	Sundaram Dividend Yield Fund	Sundaram Mutual Fund	Equity	0.83%
74	Aditya Birla Sun Life Balanced Advantage Fund	Aditya Birla Sun Life Mutual Fund	Hybrid	0.77%
75	NJ Arbitrage Fund	NJ Mutual Fund	Hybrid	0.74%
76	CANARA ROBECO ELSS TAX SAVER	Canara Robeco Mutual Fund	Equity	0.72%
77	JioBlackRock Sector Rotation Fund	Jio BlackRock Mutual Fund	Thematic	0.72%
78	Franklin India ELSS Tax Saver Fund	Franklin Templeton Mutual Fund	Equity	0.7%
79	Aditya Birla Sun Life Flexi Cap Fund	Aditya Birla Sun Life Mutual Fund	Equity	0.69%
80	CANARA ROBECO LARGE CAP FUND	Canara Robeco Mutual Fund	Equity	0.68%
81	WhiteOak Capital Flexi Cap Fund	WhiteOak Capital Mutual Fund	Equity	0.65%
82	SBI Equity Savings Fund	SBI Mutual Fund	Hybrid	0.63%
83	CANARA ROBECO BALANCED ADVANTAGE FUND	Canara Robeco Mutual Fund	Hybrid	0.62%
84	Groww Arbitrage Fund	Groww Mutual Fund	Hybrid	0.62%
85	Helios Arbitrage Fund	Helios Mutual Fund	Hybrid	0.59%
86	TATA FLEXI CAP FUND	Tata Mutual Fund	Equity	0.59%
87	WhiteOak Capital Large & Mid Cap Fund	WhiteOak Capital Mutual Fund	Equity	0.58%
88	WhiteOak Capital Balanced Advantage Fund	WhiteOak Capital Mutual Fund	Hybrid	0.57%
89	Axis Balanced Advantage Fund	Axis Mutual Fund	Hybrid	0.56%
90	Groww Aggressive Hybrid Fund	Groww Mutual Fund	Hybrid	0.53%
91	NIPPON INDIA ARBITRAGE FUND	Nippon India Mutual Fund	Hybrid	0.52%
92	Axis India Manufacturing Fund	Axis Mutual Fund	Thematic	0.49%
93	CANARA ROBECO EQUITY HYBRID FUND	Canara Robeco Mutual Fund	Hybrid	0.48%
94	NIPPON INDIA SMALL CAP FUND	Nippon India Mutual Fund	Equity	0.48%
95	HDFC Dividend Yield Fund	HDFC Mutual Fund	Equity	0.45%
96	TRUSTMF Arbitrage Fund	Trust Mutual Fund	Hybrid	0.45%
97	WhiteOak Capital Aggressive Hybrid Fund	WhiteOak Capital Mutual Fund	Hybrid	0.43%
98	WhiteOak Capital Multi Cap Fund	WhiteOak Capital Mutual Fund	Equity	0.43%
99	PGIM INDIA BALANCED ADVANTAGE FUND	PGIM India Mutual Fund	Hybrid	0.42%
100	Mirae Asset Arbitrage Fund	Mirae Asset Mutual Fund	Hybrid	0.4%
101	NJ Balanced Advantage Fund	NJ Mutual Fund	Hybrid	0.39%
102	UTI Balanced Advantage Fund	UTI Mutual Fund	Hybrid	0.38%
103	ICICI Prudential Multi-Asset Fund	ICICI Prudential Mutual Fund	Hybrid	0.37%
104	quant Arbitrage Fund	quant Mutual Fund	Hybrid	0.37%
105	ICICI Prudential Balanced Advantage Fund	ICICI Prudential Mutual Fund	Hybrid	0.35%
106	NIPPON INDIA EQUITY SAVINGS FUND	Nippon India Mutual Fund	Hybrid	0.34%
107	DSP Arbitrage Fund	DSP Mutual Fund	Hybrid	0.33%
108	Kotak Active Momentum Fund	Kotak Mahindra Mutual Fund	Equity	0.33%
109	WhiteOak Capital Balanced Hybrid Fund	WhiteOak Capital Mutual Fund	Hybrid	0.33%
110	UTI - Large Cap Fund	UTI Mutual Fund	Equity	0.31%
111	Aditya Birla Sun Life Arbitrage Fund	Aditya Birla Sun Life Mutual Fund	Hybrid	0.29%
112	Bajaj Finserv Equity Savings Fund	Bajaj Finserv Mutual Fund	Hybrid	0.28%
113	HDFC Large and Mid Cap Fund	HDFC Mutual Fund	Equity	0.27%
114	UTI - Master Equity Plan Unit Scheme	UTI Mutual Fund	Equity	0.27%
115	DSP Multi Asset Allocation Fund	DSP Mutual Fund	Hybrid	0.26%
116	Kotak Balanced Advantage Fund	Kotak Mahindra Mutual Fund	Hybrid	0.26%
117	HDFC Arbitrage Fund	HDFC Mutual Fund	Hybrid	0.24%
118	Franklin India Equity Savings Fund	Franklin Templeton Mutual Fund	Hybrid	0.23%
119	PGIM INDIA EQUITY SAVINGS FUND	PGIM India Mutual Fund	Hybrid	0.23%
120	Mahindra Manulife Arbitrage Fund	Mahindra Manulife Mutual Fund	Hybrid	0.21%
121	JM Arbitrage Fund	JM Financial Mutual Fund	Hybrid	0.2%
122	WhiteOak Capital Multi Asset Allocation Fund	WhiteOak Capital Mutual Fund	Hybrid	0.2%
123	HDFC Balanced Advantage Fund	HDFC Mutual Fund	Hybrid	0.16%
124	Motilal Oswal Arbitrage Fund	Motilal Oswal Mutual Fund	Hybrid	0.16%
125	SBI Arbitrage Opportunities Fund	SBI Mutual Fund	Hybrid	0.16%
126	Aditya Birla Sun Life Equity Savings Fund	Aditya Birla Sun Life Mutual Fund	Hybrid	0.14%
127	ICICI Prudential Arbitrage Fund	ICICI Prudential Mutual Fund	Hybrid	0.14%
128	Mirae Asset Balanced Advantage Fund	Mirae Asset Mutual Fund	Hybrid	0.14%
129	Mirae Asset Equity Savings Fund	Mirae Asset Mutual Fund	Hybrid	0.14%
130	Nippon India Conservative Hybrid Fund	Nippon India Mutual Fund	Hybrid	0.14%
131	WhiteOak Capital Equity Savings Fund	WhiteOak Capital Mutual Fund	Hybrid	0.13%
132	UTI Quant Fund	UTI Mutual Fund	Equity	0.08%
133	LIC MF ARBITRAGE FUND	LIC Mutual Fund	Hybrid	0.05%
134	Axis Arbitrage Fund	Axis Mutual Fund	Hybrid	0.04%
135	Parag Parikh Arbitrage Fund	PPFAS Mutual Fund	Hybrid	0.04%
136	JioBlackRock Arbitrage Fund	Jio BlackRock Mutual Fund	Hybrid	0.02%
137	Mirae Asset Multi Asset Allocation Fund	Mirae Asset Mutual Fund	Hybrid	0.02%
138	Bajaj Finserv Arbitrage Fund	Bajaj Finserv Mutual Fund	Hybrid	0.01%
139	ICICI Prudential Equity Savings Fund	ICICI Prudential Mutual Fund	Hybrid	0.01%
140	Kotak Arbitrage Fund	Kotak Mahindra Mutual Fund	Hybrid	0%
141	TATA ARBITRAGE FUND	Tata Mutual Fund	Hybrid	0%
142	UTI - Arbitrage Fund	UTI Mutual Fund	Hybrid	0%

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.