Mutual Funds Holding Grasim Industries Limited

Materials118 fundsISIN INE047A01021

As of 30 September 2026, 118 Indian mutual funds hold Grasim Industries Limited (Materials), led by Mahindra Manulife Focused Fund at 4.59% of its net assets, per the AMCs' SEBI-mandated monthly disclosures.

As of 30 September 2026, 118 Indian mutual fund schemes disclose a holding in Grasim Industries Limited (Materials). 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 118 funds holding Grasim Industries Limited, the average position size is 1% of net assets. The highest-conviction holder is Mahindra Manulife Focused Fund (Equity), at 4.59%. Hybrid funds account for 54 of the 118 holders, with the rest spread across 2 other categories. Over the last month, 5 funds initiated a new position and 15 funds exited, with the largest weight change at NIPPON INDIA EQUITY SAVINGS FUND (-2.92pp to 0.57%).

Fund Activity Last Month

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

5 started a position15 exited6 increased15 reduced

New Positions

Aditya Birla Sun Life Large Cap Fund at 1.3%
ICICI Prudential Equity Minimum Variance Fund at 1.16%
Aditya Birla Sun Life Business Cycle Fund at 1.03%
Aditya Birla Sun Life Multi-Cap Fund at 0.85%
Aditya Birla Sun Life Aggressive Hybrid Fund at 0.64%

Complete Exits

Union Equity Savings Fund was 2.27%
PGIM INDIA ARBITRAGE FUND was 1.87%
TATA AGGRESSIVE HYBRID FUND was 1.43%
PGIM INDIA MULTI ASSET ALLOCATION FUND was 1.37%
TATA MID CAP FUND was 1.33%
LIC MF ELSS Tax Saver Fund was 1.08%
Parag Parikh Arbitrage Fund was 0.82%
Axis Balanced Advantage Fund was 0.58%
ICICI Prudential Multi Asset Allocation Fund was 0.4%
Capitalmind Arbitrage Fund was 0.37%
TRUSTMF Arbitrage Fund was 0.31%
DSP Arbitrage Fund was 0.17%
Bajaj Finserv Arbitrage Fund was 0.14%
Edelweiss Arbitrage Fund was 0.11%
Union Arbitrage Fund was 0.08%

Weight Increased

Fund	Weight	Change
Mahindra Manulife Large Cap Fund	1.12% → 2.04%	▲ +0.92
Samco Large Cap Fund	2.07% → 2.67%	▲ +0.6
Mirae Asset Arbitrage Fund	0.33% → 0.74%	▲ +0.41
Mahindra Manulife Aggressive Hybrid Fund	0.65% → 0.96%	▲ +0.31
Edelweiss Multi Asset Allocation Fund	0.72% → 0.99%	▲ +0.27
Bajaj Finserv Balanced Advantage Fund	0.47% → 0.64%	▲ +0.17

Weight Reduced

Fund	Weight	Change
NIPPON INDIA EQUITY SAVINGS FUND	3.49% → 0.57%	▼ -2.92
Kotak Quant Fund	3.12% → 1.07%	▼ -2.05
Taurus Elss Tax Saver Fund	1.82% → 0.8%	▼ -1.02
Taurus Infrastructure Fund	1.95% → 0.97%	▼ -0.98
Motilal Oswal Arbitrage Fund	1.23% → 0.29%	▼ -0.94
HDFC Arbitrage Fund	1.7% → 0.87%	▼ -0.83
ICICI Prudential Conglomerate Fund	1.59% → 0.99%	▼ -0.6
Edelweiss Business Cycle Fund	2.55% → 1.97%	▼ -0.58
Old Bridge Arbitrage Fund	0.72% → 0.26%	▼ -0.46
Invesco India Manufacturing Fund	2.45% → 2%	▼ -0.45
Sundaram Value Fund	1.71% → 1.33%	▼ -0.38
Bandhan Arbitrage Fund	0.37% → 0.04%	▼ -0.33
WhiteOak Capital Arbitrage Fund	0.58% → 0.25%	▼ -0.33
SBI Arbitrage Opportunities Fund	0.59% → 0.27%	▼ -0.32
Mahindra Manulife Focused Fund	4.88% → 4.59%	▼ -0.29

Funds Holding Grasim Industries Limited

#	Fund	AMC	Category	% to NAV
1	Mahindra Manulife Focused Fund	Mahindra Manulife Mutual Fund	Equity	4.59%
2	Bajaj Finserv Large Cap Fund	Bajaj Finserv Mutual Fund	Equity	4.13%
3	Aditya Birla Sun Life Conglomerate Fund	Aditya Birla Sun Life Mutual Fund	Thematic	4.08%
4	Aditya Birla Sun Life Quant Fund	Aditya Birla Sun Life Mutual Fund	Equity	4.03%
5	Mahindra Manulife Business Cycle Fund	Mahindra Manulife Mutual Fund	Thematic	3.2%
6	Capitalmind Multi Asset Allocation Fund	Capitalmind Mutual Fund	Hybrid	2.96%
7	Axis Business Cycles Fund	Axis Mutual Fund	Thematic	2.67%
8	Samco Large Cap Fund	Samco Mutual Fund	Equity	2.67%
9	Capitalmind Flexi Cap Fund	Capitalmind Mutual Fund	Equity	2.51%
10	Mahindra Manulife Large Cap Fund	Mahindra Manulife Mutual Fund	Equity	2.04%
11	Invesco India Manufacturing Fund	Invesco Mutual Fund	Thematic	2%
12	Edelweiss Business Cycle Fund	Edelweiss Mutual Fund	Thematic	1.97%
13	Aditya Birla Sun Life Value Fund	Aditya Birla Sun Life Mutual Fund	Equity	1.83%
14	Kotak Active Momentum Fund	Kotak Mahindra Mutual Fund	Equity	1.83%
15	Bandhan Equity Savings Fund	Bandhan Mutual Fund	Hybrid	1.81%
16	Taurus Large Cap Fund	Taurus Mutual Fund	Equity	1.7%
17	LIC MF DIVIDEND YIELD FUND	LIC Mutual Fund	Equity	1.69%
18	Mahindra Manulife Manufacturing Fund	Mahindra Manulife Mutual Fund	Thematic	1.68%
19	Mahindra Manulife Value Fund	Mahindra Manulife Mutual Fund	Equity	1.64%
20	Aditya Birla Sun Life Flexi Cap Fund	Aditya Birla Sun Life Mutual Fund	Equity	1.59%
21	ITI Value Fund	ITI Mutual Fund	Equity	1.55%
22	TATA RESOURCES & ENERGY FUND	Tata Mutual Fund	Thematic	1.54%
23	UTI Large & Mid Cap Fund	UTI Mutual Fund	Equity	1.54%
24	Franklin India Flexi Cap Fund	Franklin Templeton Mutual Fund	Equity	1.53%
25	Franklin India ELSS Tax Saver Fund	Franklin Templeton Mutual Fund	Equity	1.52%
26	Templeton India Value Fund	Franklin Templeton Mutual Fund	Equity	1.52%
27	Motilal Oswal Large Cap Fund	Motilal Oswal Mutual Fund	Equity	1.47%
28	CANARA ROBECO VALUE FUND	Canara Robeco Mutual Fund	Equity	1.44%
29	LIC MF MULTI CAP FUND	LIC Mutual Fund	Equity	1.42%
30	ITI Business Cycle Fund	ITI Mutual Fund	Thematic	1.41%
31	Bandhan Large Cap Fund	Bandhan Mutual Fund	Equity	1.33%
32	Sundaram Value Fund	Sundaram Mutual Fund	Equity	1.33%
33	Aditya Birla Sun Life Large Cap Fund	Aditya Birla Sun Life Mutual Fund	Equity	1.3%
34	Baroda BNP Paribas Multi Asset Fund	Baroda BNP Paribas Mutual Fund	Hybrid	1.18%
35	ITI Large & Mid Cap Fund	ITI Mutual Fund	Equity	1.18%
36	ICICI Prudential Equity Minimum Variance Fund	ICICI Prudential Mutual Fund	Equity	1.16%
37	ELSS Tax Saver	360 ONE Mutual Fund	Equity	1.12%
38	ITI Balanced Advantage Fund	ITI Mutual Fund	Hybrid	1.12%
39	ITI Multi Asset Allocation Fund	ITI Mutual Fund	Hybrid	1.09%
40	Kotak Quant Fund	Kotak Mahindra Mutual Fund	Equity	1.07%
41	ICICI Prudential Multicap Fund	ICICI Prudential Mutual Fund	Equity	1.05%
42	Aditya Birla Sun Life Business Cycle Fund	Aditya Birla Sun Life Mutual Fund	Thematic	1.03%
43	ITI Multi Cap Fund	ITI Mutual Fund	Equity	1.03%
44	SBI Equity Minimum Variance Fund	SBI Mutual Fund	Equity	1.03%
45	Mahindra Manulife Flexi Cap Fund	Mahindra Manulife Mutual Fund	Equity	1.01%
46	Edelweiss Multi Asset Allocation Fund	Edelweiss Mutual Fund	Hybrid	0.99%
47	ICICI Prudential Conglomerate Fund	ICICI Prudential Mutual Fund	Thematic	0.99%
48	Invesco India Contra Fund	Invesco Mutual Fund	Equity	0.99%
49	LIC MF ELSS TAX SAVER	LIC Mutual Fund	Equity	0.99%
50	Taurus Infrastructure Fund	Taurus Mutual Fund	Thematic	0.97%
51	Mahindra Manulife Aggressive Hybrid Fund	Mahindra Manulife Mutual Fund	Hybrid	0.96%
52	ITI Flexi Cap Fund	ITI Mutual Fund	Equity	0.94%
53	SBI MultiCap Fund	SBI Mutual Fund	Equity	0.91%
54	UTI Aggressive Hybrid Fund	UTI Mutual Fund	Hybrid	0.91%
55	Edelweiss Large Cap Fund	Edelweiss Mutual Fund	Equity	0.9%
56	Parag Parikh Large Cap Fund	PPFAS Mutual Fund	Equity	0.89%
57	HDFC Arbitrage Fund	HDFC Mutual Fund	Hybrid	0.87%
58	Groww ELSS Tax Saver Fund	Groww Mutual Fund	Equity	0.86%
59	NIPPON INDIA VALUE FUND	Nippon India Mutual Fund	Equity	0.86%
60	Aditya Birla Sun Life Multi-Cap Fund	Aditya Birla Sun Life Mutual Fund	Equity	0.85%
61	Groww Multi Asset Allocation Fund	Groww Mutual Fund	Hybrid	0.85%
62	UTI - Equity Savings Fund	UTI Mutual Fund	Hybrid	0.84%
63	Taurus Elss Tax Saver Fund	Taurus Mutual Fund	Equity	0.8%
64	SBI Contra Fund	SBI Mutual Fund	Equity	0.76%
65	Aditya Birla Sun Life Special Opportunities Fund	Aditya Birla Sun Life Mutual Fund	Thematic	0.74%
66	HSBC Equity Savings Fund	HSBC Mutual Fund	Hybrid	0.74%
67	Mirae Asset Arbitrage Fund	Mirae Asset Mutual Fund	Hybrid	0.74%
68	Mahindra Manulife Multi Asset Allocation Fund	Mahindra Manulife Mutual Fund	Hybrid	0.72%
69	Bandhan ELSS - Tax Saver Fund	Bandhan Mutual Fund	Equity	0.7%
70	Edelweiss Aggressive Hybrid Fund	Edelweiss Mutual Fund	Hybrid	0.69%
71	JioBlackRock Sector Rotation Fund	Jio BlackRock Mutual Fund	Thematic	0.67%
72	Aditya Birla Sun Life Aggressive Hybrid Fund	Aditya Birla Sun Life Mutual Fund	Hybrid	0.64%
73	Bajaj Finserv Balanced Advantage Fund	Bajaj Finserv Mutual Fund	Hybrid	0.64%
74	Bandhan Aggressive Hybrid Fund	Bandhan Mutual Fund	Hybrid	0.64%
75	Edelweiss Equity Savings Fund	Edelweiss Mutual Fund	Hybrid	0.61%
76	Groww Aggressive Hybrid Fund	Groww Mutual Fund	Hybrid	0.61%
77	NIPPON INDIA EQUITY SAVINGS FUND	Nippon India Mutual Fund	Hybrid	0.57%
78	Bank Of India Balanced Advantage Fund	Bank of India Mutual Fund	Hybrid	0.55%
79	Axis Large Cap Fund	Axis Mutual Fund	Equity	0.53%
80	Aditya Birla Sun Life Arbitrage Fund	Aditya Birla Sun Life Mutual Fund	Hybrid	0.51%
81	UTI Quant Fund	UTI Mutual Fund	Equity	0.51%
82	ICICI Prudential Large & Mid Cap Fund	ICICI Prudential Mutual Fund	Equity	0.5%
83	Edelweiss Balanced Advantage Fund	Edelweiss Mutual Fund	Hybrid	0.45%
84	Baroda BNP Paribas Arbitrage Fund	Baroda BNP Paribas Mutual Fund	Hybrid	0.44%
85	ICICI Prudential Multi-Asset Fund	ICICI Prudential Mutual Fund	Hybrid	0.37%
86	Zerodha Life Cycle Fund 2041	Zerodha Mutual Fund	Hybrid	0.34%
87	Mahindra Manulife Equity Savings Fund	Mahindra Manulife Mutual Fund	Hybrid	0.32%
88	Nippon India Arbitrage Fund	Nippon India Mutual Fund	Hybrid	0.31%
89	Bandhan Small Cap Fund	Bandhan Mutual Fund	Equity	0.3%
90	Motilal Oswal Arbitrage Fund	Motilal Oswal Mutual Fund	Hybrid	0.29%
91	SBI Balanced Advantage Fund	SBI Mutual Fund	Hybrid	0.29%
92	Zerodha Life Cycle Fund 2036	Zerodha Mutual Fund	Hybrid	0.28%
93	SBI Arbitrage Opportunities Fund	SBI Mutual Fund	Hybrid	0.27%
94	ICICI Prudential Equity Savings Fund	ICICI Prudential Mutual Fund	Hybrid	0.26%
95	NJ Arbitrage Fund	NJ Mutual Fund	Hybrid	0.26%
96	Old Bridge Arbitrage Fund	Old Bridge Mutual Fund	Hybrid	0.26%
97	ICICI Prudential Large Cap Fund	ICICI Prudential Mutual Fund	Equity	0.25%
98	WhiteOak Capital Arbitrage Fund	WhiteOak Capital Mutual Fund	Hybrid	0.25%
99	Mirae Asset Multi Asset Allocation Fund	Mirae Asset Mutual Fund	Hybrid	0.23%
100	Axis Equity Savings Fund	Axis Mutual Fund	Hybrid	0.22%
101	Zerodha Life Cycle Fund 2031	Zerodha Mutual Fund	Hybrid	0.21%
102	JM Arbitrage Fund	JM Financial Mutual Fund	Hybrid	0.2%
103	Aditya Birla Sun Life Equity Savings Fund	Aditya Birla Sun Life Mutual Fund	Hybrid	0.14%
104	Nippon India Conservative Hybrid Fund	Nippon India Mutual Fund	Hybrid	0.13%
105	Bandhan Balanced Advantage Fund	Bandhan Mutual Fund	Hybrid	0.11%
106	ICICI Prudential Arbitrage Fund	ICICI Prudential Mutual Fund	Hybrid	0.08%
107	Bank Of India Arbitrage Fund	Bank of India Mutual Fund	Hybrid	0.06%
108	Mirae Asset ELSS Tax Saver Fund	Mirae Asset Mutual Fund	Equity	0.06%
109	Bandhan Arbitrage Fund	Bandhan Mutual Fund	Hybrid	0.04%
110	Franklin India Arbitrage Fund	Franklin Templeton Mutual Fund	Hybrid	0.04%
111	SBI Arbitrage Fund	SBI Mutual Fund	Hybrid	0.03%
112	Parag Parikh Flexi Cap Fund	PPFAS Mutual Fund	Equity	0.02%
113	SBI Equity Savings Fund	SBI Mutual Fund	Hybrid	0.02%
114	ICICI Prudential Balanced Advantage Fund	ICICI Prudential Mutual Fund	Hybrid	0%
115	Kotak Arbitrage Fund	Kotak Mahindra Mutual Fund	Hybrid	0%
116	Mirae Asset Large & Midcap Fund	Mirae Asset Mutual Fund	Equity	0%
117	TATA ARBITRAGE FUND	Tata Mutual Fund	Hybrid	0%
118	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.