Mutual Funds Holding Asian Paints Limited

Consumer Discretionary160 fundsISIN INE021A01026

As of 30 September 2026, 160 Indian mutual funds hold Asian Paints Limited (Consumer Discretionary), led by SBI Quant Fund at 5.59% of its net assets, per the AMCs' SEBI-mandated monthly disclosures.

As of 30 September 2026, 160 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 160 funds holding Asian Paints Limited, the average position size is 1.03% of net assets. The highest-conviction holder is SBI Quant Fund (Equity), at 5.59%. Hybrid funds account for 78 of the 160 holders, with the rest spread across 2 other categories. Over the last month, 1 fund initiated a new position and 6 funds exited, with the largest weight change at The Wealth Company Multiasset Alloc Fund (-0.55pp to 1.02%).

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.

1 started a position6 exited5 increased15 reduced

New Positions

Franklin India Conservative Hybrid Fund at 0.35%

Complete Exits

Franklin India Multi-Factor Fund was 1.42%
Bandhan Multi-Factor Fund was 0.92%
Nippon India Flexi Cap Fund was 0.81%
Axis India Manufacturing Fund was 0.09%
Franklin India Arbitrage Fund was 0.04%
ICICI Prudential Equity & Debt Fund was 0.01%

Weight Increased

Fund	Weight	Change
Franklin India ELSS Tax Saver Fund	0.67% → 1%	▲ +0.33
WhiteOak Capital Aggressive Hybrid Fund	0.43% → 0.71%	▲ +0.28
Aditya Birla Sun Life Flexi Cap Fund	0.65% → 0.86%	▲ +0.21
ICICI Prudential Multi Asset Allocation Fund	0.35% → 0.56%	▲ +0.21
DSP Large Cap Fund	2.19% → 2.32%	▲ +0.13

Weight Reduced

Fund	Weight	Change
The Wealth Company Multiasset Alloc Fund	1.57% → 1.02%	▼ -0.55
JioBlackRock Large Cap Fund	1.44% → 1.02%	▼ -0.42
Bajaj Finserv Balanced Advantage Fund	0.84% → 0.56%	▼ -0.28
Mahindra Manulife Arbitrage Fund	0.89% → 0.61%	▼ -0.28
ICICI Prudential FMCG Fund	0.67% → 0.4%	▼ -0.27
JM Flexicap Fund	0.75% → 0.48%	▼ -0.27
Franklin India Opportunities Fund	2.78% → 2.55%	▼ -0.23
SBI Large Cap Fund	3.56% → 3.39%	▼ -0.17
ICICI PRUDENTIAL HOUSING OPPORTUNITIES FUND	5.48% → 5.32%	▼ -0.16
SBI Consumption Opportunities Fund	4.93% → 4.78%	▼ -0.15
TATA HOUSING OPPORTUNITIES FUND	3.28% → 3.15%	▼ -0.13
SBI Conservative Hybrid Fund	1.45% → 1.33%	▼ -0.12
UTI - Flexi Cap Fund	0.63% → 0.52%	▼ -0.11
DSP India T.I.G.E.R. Fund	1.47% → 1.37%	▼ -0.1
Edelweiss Consumption Fund	3.41% → 3.31%	▼ -0.1

Funds Holding Asian Paints Limited

#	Fund	AMC	Category	% to NAV
1	SBI Quant Fund	SBI Mutual Fund	Equity	5.59%
2	ICICI PRUDENTIAL HOUSING OPPORTUNITIES FUND	ICICI Prudential Mutual Fund	Thematic	5.32%
3	SBI Consumption Opportunities Fund	SBI Mutual Fund	Thematic	4.78%
4	ICICI Prudential Equity Minimum Variance Fund	ICICI Prudential Mutual Fund	Equity	4.12%
5	Mirae Asset Great Consumer Fund	Mirae Asset Mutual Fund	Thematic	4.1%
6	Axis Consumption Fund	Axis Mutual Fund	Thematic	3.48%
7	Nippon India Consumption Fund	Nippon India Mutual Fund	Thematic	3.43%
8	SBI Large Cap Fund	SBI Mutual Fund	Equity	3.39%
9	Edelweiss Consumption Fund	Edelweiss Mutual Fund	Thematic	3.31%
10	TATA HOUSING OPPORTUNITIES FUND	Tata Mutual Fund	Thematic	3.15%
11	HDFC Consumption Fund	HDFC Mutual Fund	Thematic	3.14%
12	SBI ESG Exclusionary Strategy Fund	SBI Mutual Fund	Thematic	2.89%
13	DSP Business Cycle Fund	DSP Mutual Fund	Thematic	2.63%
14	Franklin India Opportunities Fund	Franklin Templeton Mutual Fund	Equity	2.55%
15	Bajaj Finserv Large Cap Fund	Bajaj Finserv Mutual Fund	Equity	2.44%
16	DSP Large Cap Fund	DSP Mutual Fund	Equity	2.32%
17	Baroda BNP Paribas India Consumption Fund	Baroda BNP Paribas Mutual Fund	Thematic	2.31%
18	SBI Large and Midcap Fund	SBI Mutual Fund	Equity	2.28%
19	ITI Bharat Consumption Fund	ITI Mutual Fund	Thematic	2.23%
20	Bajaj Finserv Consumption Fund	Bajaj Finserv Mutual Fund	Thematic	2.17%
21	HDFC Housing Opportunities Fund	HDFC Mutual Fund	Thematic	2.05%
22	SBI MultiCap Fund	SBI Mutual Fund	Equity	2.05%
23	CANARA ROBECO CONSUMPTION FUND	Canara Robeco Mutual Fund	Thematic	1.92%
24	ICICI Prudential Business Cycle Fund	ICICI Prudential Mutual Fund	Thematic	1.81%
25	SBI Equity Hybrid Fund	SBI Mutual Fund	Hybrid	1.72%
26	WhiteOak Capital ESG Best-In-Class Strategy Fund	WhiteOak Capital Mutual Fund	Thematic	1.7%
27	NIPPON INDIA QUANT FUND	Nippon India Mutual Fund	Equity	1.67%
28	Kotak Active Momentum Fund	Kotak Mahindra Mutual Fund	Equity	1.66%
29	Sundaram Consumption Fund	Sundaram Mutual Fund	Thematic	1.64%
30	Bank of India Large Cap Fund	Bank of India Mutual Fund	Equity	1.6%
31	UTI Multi Asset Allocation Fund	UTI Mutual Fund	Hybrid	1.55%
32	SBI Aggressive Hybrid Fund	SBI Mutual Fund	Hybrid	1.53%
33	Bank of India Business Cycle Fund	Bank of India Mutual Fund	Thematic	1.52%
34	SBI Dividend Yield Fund	SBI Mutual Fund	Equity	1.49%
35	ICICI Prudential Large Cap Fund	ICICI Prudential Mutual Fund	Equity	1.47%
36	Mirae Asset Large Cap Fund	Mirae Asset Mutual Fund	Equity	1.46%
37	NIPPON INDIA VALUE FUND	Nippon India Mutual Fund	Equity	1.46%
38	Bajaj Finserv Multi Cap Fund	Bajaj Finserv Mutual Fund	Equity	1.41%
39	SBI Equity Minimum Variance Fund	SBI Mutual Fund	Equity	1.39%
40	DSP India T.I.G.E.R. Fund	DSP Mutual Fund	Thematic	1.37%
41	Aditya Birla Sun Life Consumption Fund	Aditya Birla Sun Life Mutual Fund	Thematic	1.36%
42	ICICI Prudential Quant Fund	ICICI Prudential Mutual Fund	Equity	1.34%
43	SBI Conservative Hybrid Fund	SBI Mutual Fund	Hybrid	1.33%
44	ICICI Prudential Value Fund	ICICI Prudential Mutual Fund	Equity	1.27%
45	Nippon India Vision Large & Mid Cap Fund	Nippon India Mutual Fund	Equity	1.27%
46	SBI ELSS Tax Saver Fund	SBI Mutual Fund	Equity	1.27%
47	NJ Value Fund	NJ Mutual Fund	Equity	1.25%
48	WhiteOak Capital Quality Equity Fund	WhiteOak Capital Mutual Fund	Equity	1.24%
49	DSP Large & Mid Cap Fund	DSP Mutual Fund	Equity	1.23%
50	DSP ELSS Tax Saver Fund	DSP Mutual Fund	Equity	1.21%
51	Bajaj Finserv Flexi Cap Fund	Bajaj Finserv Mutual Fund	Equity	1.19%
52	Invesco India Largecap Fund	Invesco Mutual Fund	Equity	1.16%
53	Bank Of India Flexi Cap Fund	Bank of India Mutual Fund	Equity	1.15%
54	PGIM INDIA LARGE CAP FUND	PGIM India Mutual Fund	Equity	1.13%
55	Aditya Birla Sun Life Manufacturing Equity Fund	Aditya Birla Sun Life Mutual Fund	Thematic	1.12%
56	Axis Business Cycles Fund	Axis Mutual Fund	Thematic	1.1%
57	JM Arbitrage Fund	JM Financial Mutual Fund	Hybrid	1.09%
58	LIC MF EQUITY SAVINGS FUND	LIC Mutual Fund	Hybrid	1.09%
59	Franklin India Aggressive Hybrid Fund	Franklin Templeton Mutual Fund	Hybrid	1.06%
60	Franklin India Flexi Cap Fund	Franklin Templeton Mutual Fund	Equity	1.06%
61	ELSS Tax Saver	360 ONE Mutual Fund	Equity	1.05%
62	Edelweiss Large & Mid Cap Fund	Edelweiss Mutual Fund	Equity	1.02%
63	JioBlackRock Large Cap Fund	Jio BlackRock Mutual Fund	Equity	1.02%
64	The Wealth Company Multiasset Alloc Fund	The Wealth Company Mutual Fund	Hybrid	1.02%
65	WhiteOak Capital Large Cap Fund	WhiteOak Capital Mutual Fund	Equity	1.01%
66	Franklin India ELSS Tax Saver Fund	Franklin Templeton Mutual Fund	Equity	1%
67	Bajaj Finserv Multi Asset Allocation Fund	Bajaj Finserv Mutual Fund	Hybrid	0.97%
68	Franklin India Balanced Advantage Fund	Franklin Templeton Mutual Fund	Hybrid	0.94%
69	TATA LARGE CAP FUND	Tata Mutual Fund	Equity	0.94%
70	Bank Of India Conservative Hybrid Fund	Bank of India Mutual Fund	Hybrid	0.92%
71	DSP Aggressive Hybrid Fund	DSP Mutual Fund	Hybrid	0.9%
72	Aditya Birla Sun Life Flexi Cap Fund	Aditya Birla Sun Life Mutual Fund	Equity	0.86%
73	Parag Parikh Large Cap Fund	PPFAS Mutual Fund	Equity	0.84%
74	WhiteOak Capital ELSS Tax Saver Fund	WhiteOak Capital Mutual Fund	Equity	0.82%
75	Bandhan Equity Savings Fund	Bandhan Mutual Fund	Hybrid	0.81%
76	Sundaram Dividend Yield Fund	Sundaram Mutual Fund	Equity	0.79%
77	NJ Arbitrage Fund	NJ Mutual Fund	Hybrid	0.77%
78	SBI Balanced Advantage Fund	SBI Mutual Fund	Hybrid	0.76%
79	CANARA ROBECO LARGE CAP FUND	Canara Robeco Mutual Fund	Equity	0.73%
80	CANARA ROBECO ELSS TAX SAVER	Canara Robeco Mutual Fund	Equity	0.72%
81	WhiteOak Capital Aggressive Hybrid Fund	WhiteOak Capital Mutual Fund	Hybrid	0.71%
82	JioBlackRock Flexi Cap Fund	Jio BlackRock Mutual Fund	Equity	0.69%
83	CANARA ROBECO ELSS - TAX SAVER FUND	Canara Robeco Mutual Fund	Equity	0.68%
84	Edelweiss Flexi-Cap Fund	Edelweiss Mutual Fund	Equity	0.68%
85	Groww ELSS Tax Saver Fund	Groww Mutual Fund	Equity	0.68%
86	Aditya Birla Sun Life Balanced Advantage Fund	Aditya Birla Sun Life Mutual Fund	Hybrid	0.67%
87	JioBlackRock Sector Rotation Fund	Jio BlackRock Mutual Fund	Thematic	0.63%
88	Mahindra Manulife Arbitrage Fund	Mahindra Manulife Mutual Fund	Hybrid	0.61%
89	CANARA ROBECO BALANCED ADVANTAGE FUND	Canara Robeco Mutual Fund	Hybrid	0.6%
90	WhiteOak Capital Flexi Cap Fund	WhiteOak Capital Mutual Fund	Equity	0.6%
91	Axis Balanced Advantage Fund	Axis Mutual Fund	Hybrid	0.59%
92	SBI Equity Savings Fund	SBI Mutual Fund	Hybrid	0.57%
93	Bajaj Finserv Balanced Advantage Fund	Bajaj Finserv Mutual Fund	Hybrid	0.56%
94	ICICI Prudential Multi Asset Allocation Fund	ICICI Prudential Mutual Fund	Hybrid	0.56%
95	WhiteOak Capital Large & Mid Cap Fund	WhiteOak Capital Mutual Fund	Equity	0.55%
96	Old Bridge Arbitrage Fund	Old Bridge Mutual Fund	Hybrid	0.54%
97	WhiteOak Capital Balanced Advantage Fund	WhiteOak Capital Mutual Fund	Hybrid	0.54%
98	Edelweiss Large Cap Fund	Edelweiss Mutual Fund	Equity	0.53%
99	UTI - Flexi Cap Fund	UTI Mutual Fund	Equity	0.52%
100	Bank Of India Balanced Advantage Fund	Bank of India Mutual Fund	Hybrid	0.48%
101	CANARA ROBECO EQUITY HYBRID FUND	Canara Robeco Mutual Fund	Hybrid	0.48%
102	Groww Aggressive Hybrid Fund	Groww Mutual Fund	Hybrid	0.48%
103	JM Flexicap Fund	JM Financial Mutual Fund	Equity	0.48%
104	HDFC Dividend Yield Fund	HDFC Mutual Fund	Equity	0.45%
105	CANARA ROBECO AGGRESSIVE HYBRID FUND	Canara Robeco Mutual Fund	Hybrid	0.44%
106	Mirae Asset Arbitrage Fund	Mirae Asset Mutual Fund	Hybrid	0.43%
107	HDFC Arbitrage Fund	HDFC Mutual Fund	Hybrid	0.42%
108	Helios Arbitrage Fund	Helios Mutual Fund	Hybrid	0.41%
109	PGIM INDIA BALANCED ADVANTAGE FUND	PGIM India Mutual Fund	Hybrid	0.41%
110	ICICI Prudential FMCG Fund	ICICI Prudential Mutual Fund	Thematic	0.4%
111	WhiteOak Capital Multi Cap Fund	WhiteOak Capital Mutual Fund	Equity	0.39%
112	UTI Quant Fund	UTI Mutual Fund	Equity	0.38%
113	ICICI Prudential Multi-Asset Fund	ICICI Prudential Mutual Fund	Hybrid	0.37%
114	NJ Balanced Advantage Fund	NJ Mutual Fund	Hybrid	0.36%
115	Franklin India Conservative Hybrid Fund	Franklin Templeton Mutual Fund	Hybrid	0.35%
116	TRUSTMF Arbitrage Fund	Trust Mutual Fund	Hybrid	0.35%
117	UTI Balanced Advantage Fund	UTI Mutual Fund	Hybrid	0.35%
118	Nippon India Arbitrage Fund	Nippon India Mutual Fund	Hybrid	0.33%
119	DSP Multi Asset Allocation Fund	DSP Mutual Fund	Hybrid	0.32%
120	NIPPON INDIA EQUITY SAVINGS FUND	Nippon India Mutual Fund	Hybrid	0.32%
121	WhiteOak Capital Balanced Hybrid Fund	WhiteOak Capital Mutual Fund	Hybrid	0.32%
122	Zerodha Life Cycle Fund 2041	Zerodha Mutual Fund	Hybrid	0.32%
123	Aditya Birla Sun Life Arbitrage Fund	Aditya Birla Sun Life Mutual Fund	Hybrid	0.27%
124	Bandhan Large Cap Fund	Bandhan Mutual Fund	Equity	0.26%
125	DSP Arbitrage Fund	DSP Mutual Fund	Hybrid	0.26%
126	HDFC Large and Mid Cap Fund	HDFC Mutual Fund	Equity	0.26%
127	Zerodha Life Cycle Fund 2036	Zerodha Mutual Fund	Hybrid	0.26%
128	Kotak Balanced Advantage Fund	Kotak Mahindra Mutual Fund	Hybrid	0.24%
129	Franklin India Equity Savings Fund	Franklin Templeton Mutual Fund	Hybrid	0.21%
130	Zerodha Life Cycle Fund 2031	Zerodha Mutual Fund	Hybrid	0.2%
131	PGIM INDIA EQUITY SAVINGS FUND	PGIM India Mutual Fund	Hybrid	0.19%
132	Motilal Oswal Arbitrage Fund	Motilal Oswal Mutual Fund	Hybrid	0.18%
133	WhiteOak Capital Multi Asset Allocation Fund	WhiteOak Capital Mutual Fund	Hybrid	0.18%
134	HDFC Balanced Advantage Fund	HDFC Mutual Fund	Hybrid	0.16%
135	SBI Arbitrage Opportunities Fund	SBI Mutual Fund	Hybrid	0.16%
136	Edelweiss Equity Savings Fund	Edelweiss Mutual Fund	Hybrid	0.14%
137	Mirae Asset Equity Savings Fund	Mirae Asset Mutual Fund	Hybrid	0.14%
138	Aditya Birla Sun Life Equity Savings Fund	Aditya Birla Sun Life Mutual Fund	Hybrid	0.13%
139	Nippon India Conservative Hybrid Fund	Nippon India Mutual Fund	Hybrid	0.12%
140	WhiteOak Capital Equity Savings Fund	WhiteOak Capital Mutual Fund	Hybrid	0.12%
141	Axis Arbitrage Fund	Axis Mutual Fund	Hybrid	0.09%
142	JioBlackRock Arbitrage Fund	Jio BlackRock Mutual Fund	Hybrid	0.09%
143	NIPPON INDIA SMALL CAP FUND	Nippon India Mutual Fund	Equity	0.09%
144	SBI Arbitrage Fund	SBI Mutual Fund	Hybrid	0.09%
145	ICICI Prudential Arbitrage Fund	ICICI Prudential Mutual Fund	Hybrid	0.08%
146	ICICI Prudential Balanced Advantage Fund	ICICI Prudential Mutual Fund	Hybrid	0.08%
147	Bandhan Arbitrage Fund	Bandhan Mutual Fund	Hybrid	0.07%
148	Bajaj Finserv Arbitrage Fund	Bajaj Finserv Mutual Fund	Hybrid	0.04%
149	Edelweiss Arbitrage Fund	Edelweiss Mutual Fund	Hybrid	0.04%
150	LIC MF ARBITRAGE FUND	LIC Mutual Fund	Hybrid	0.04%
151	Mirae Asset Multi Asset Allocation Fund	Mirae Asset Mutual Fund	Hybrid	0.04%
152	Mirae Asset Balanced Advantage Fund	Mirae Asset Mutual Fund	Hybrid	0.03%
153	Parag Parikh Arbitrage Fund	PPFAS Mutual Fund	Hybrid	0.02%
154	Baroda BNP Paribas Arbitrage Fund	Baroda BNP Paribas Mutual Fund	Hybrid	0.01%
155	HSBC Arbitrage Fund	HSBC Mutual Fund	Hybrid	0.01%
156	ICICI Prudential Equity Savings Fund	ICICI Prudential Mutual Fund	Hybrid	0.01%
157	Kotak Arbitrage Fund	Kotak Mahindra Mutual Fund	Hybrid	0.01%
158	TATA ARBITRAGE FUND	Tata Mutual Fund	Hybrid	0%
159	UTI - Arbitrage Fund	UTI Mutual Fund	Hybrid	0%
160	quant Arbitrage Fund	quant 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.