Mutual Funds Holding HDFC Life Insurance Company Limited

Financial Services138 fundsISIN INE795G01014

As of 31 July 2026, 138 Indian mutual funds hold HDFC Life Insurance Company Limited (Financial Services), led by quant Arbitrage Fund at 4.53% of its net assets, per the AMCs' SEBI-mandated monthly disclosures.

As of 31 July 2026, 138 Indian mutual fund schemes disclose a holding in HDFC Life Insurance Company Limited (Financial Services). 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 138 funds holding HDFC Life Insurance Company Limited, the average position size is 1.04% of net assets. The highest-conviction holder is quant Arbitrage Fund (Hybrid), at 4.53%. Hybrid funds account for 77 of the 138 holders, with the rest spread across 2 other categories. Over the last month, 8 funds initiated a new position and 15 funds exited, with the largest weight change at quant Arbitrage Fund (+4.04pp to 4.53%).

Fund Activity Last Month

How funds changed their HDFC Life Insurance Company 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 position15 exited10 increased12 reduced

New Positions

The Wealth Company Balanced Advt Fund at 1%
HDFC Value Fund at 0.83%
Bajaj Finserv Balanced Advantage Fund at 0.67%
HDFC Multi Cap Fund at 0.53%
Mirae Asset Multicap Fund at 0.48%
TRUSTMF Arbitrage Fund at 0.44%
JioBlackRock Sector Rotation Fund at 0.15%
Parag Parikh Arbitrage Fund at 0%

Complete Exits

quant Dynamic Asset Allocation Fund was 8.31%
quant Business Cycle Fund was 6.89%
quant ELSS Tax Saver Fund was 3.53%
quant Value Fund was 3.01%
Motilal Oswal Financial Services Fund was 2.7%
Quant Fund was 2.48%
Axis Momentum Fund was 2.45%
quant Momentum Fund was 2.38%
quant Large & Mid Cap Fund was 2.03%
quant Flexi Cap Fund was 1.77%
Baroda BNP Paribas Large Cap Fund was 1.01%
Baroda BNP Paribas Aggressive Hybrid Fund was 0.71%
Franklin India Balanced Advantage Fund was 0.61%
Franklin India Aggressive Hybrid Fund was 0.57%
quant Small Cap Fund was 0.4%

Weight Increased

Fund	Weight	Change
quant Arbitrage Fund	0.49% → 4.53%	▲ +4.04
LIC MF ARBITRAGE FUND	0.6% → 3.32%	▲ +2.72
Franklin India Arbitrage Fund	0.8% → 2.5%	▲ +1.7
Old Bridge Arbitrage Fund	1.35% → 2.45%	▲ +1.1
Quantum ELSS Tax Saver Fund	2.18% → 3.19%	▲ +1.01
Quantum Value Fund	2.18% → 3.19%	▲ +1.01
The Wealth Company Arbitrage Fund	1.26% → 1.86%	▲ +0.6
DSP India T.I.G.E.R. Fund	0.81% → 1.26%	▲ +0.45
DSP Business Cycle Fund	1.57% → 1.79%	▲ +0.22
Unifi Dynamic Asset Allocation Fund	0.77% → 0.9%	▲ +0.13

Weight Reduced

Fund	Weight	Change
Franklin India Focused Equity Fund	2.37% → 1.24%	▼ -1.13
Franklin India Large Cap Fund	1.51% → 0.77%	▼ -0.74
Franklin India Flexi Cap Fund	0.65% → 0.06%	▼ -0.59
quant Multi Asset Allocation Fund	4.04% → 3.62%	▼ -0.42
Quantum ESG Best In Class Strategy Fund	2.93% → 2.66%	▼ -0.27
SBI Banking And Financial Services Fund	4.43% → 4.21%	▼ -0.22
ICICI Prudential Banking & Financial Services Fund	2.83% → 2.65%	▼ -0.18
TATA FOCUSED FUND	2.81% → 2.63%	▼ -0.18
DSP Large Cap Fund	2.8% → 2.63%	▼ -0.17
SBI Large Cap Fund	3.03% → 2.87%	▼ -0.16
SBI Large and Midcap Fund	1.93% → 1.77%	▼ -0.16
ICICI Prudential Value Fund	2.08% → 1.95%	▼ -0.13

Funds Holding HDFC Life Insurance Company Limited

#	Fund	AMC	Category	% to NAV
1	quant Arbitrage Fund	quant Mutual Fund	Hybrid	4.53%
2	SBI Banking And Financial Services Fund	SBI Mutual Fund	Thematic	4.21%
3	quant Multi Asset Allocation Fund	quant Mutual Fund	Hybrid	3.62%
4	LIC MF ARBITRAGE FUND	LIC Mutual Fund	Hybrid	3.32%
5	Quantum ELSS Tax Saver Fund	Quantum Mutual Fund	Equity	3.19%
6	Quantum Value Fund	Quantum Mutual Fund	Equity	3.19%
7	SBI Large Cap Fund	SBI Mutual Fund	Equity	2.87%
8	ICICI Prudential Business Cycle Fund	ICICI Prudential Mutual Fund	Thematic	2.79%
9	Quantum ESG Best In Class Strategy Fund	Quantum Mutual Fund	Thematic	2.66%
10	ICICI Prudential Banking & Financial Services Fund	ICICI Prudential Mutual Fund	Thematic	2.65%
11	DSP Large Cap Fund	DSP Mutual Fund	Equity	2.63%
12	TATA FOCUSED FUND	Tata Mutual Fund	Equity	2.63%
13	Franklin India Arbitrage Fund	Franklin Templeton Mutual Fund	Hybrid	2.5%
14	ICICI Prudential India Opportunities Fund	ICICI Prudential Mutual Fund	Equity	2.48%
15	Old Bridge Arbitrage Fund	Old Bridge Mutual Fund	Hybrid	2.45%
16	DSP Value Fund	DSP Mutual Fund	Equity	2.18%
17	ICICI Prudential Balanced Hybrid Fund	ICICI Prudential Mutual Fund	Hybrid	1.98%
18	Aditya Birla Sun Life Value Fund	Aditya Birla Sun Life Mutual Fund	Equity	1.96%
19	ICICI Prudential Value Fund	ICICI Prudential Mutual Fund	Equity	1.95%
20	The Wealth Company Arbitrage Fund	The Wealth Company Mutual Fund	Hybrid	1.86%
21	DSP Business Cycle Fund	DSP Mutual Fund	Thematic	1.79%
22	SBI Large and Midcap Fund	SBI Mutual Fund	Equity	1.77%
23	SBI ELSS Tax Saver Fund	SBI Mutual Fund	Equity	1.73%
24	ICICI Prudential Equity Savings Fund	ICICI Prudential Mutual Fund	Hybrid	1.71%
25	ICICI Prudential Rural Opportunities Fund	ICICI Prudential Mutual Fund	Thematic	1.63%
26	Samco Arbitrage Fund	Samco Mutual Fund	Hybrid	1.6%
27	TATA FLEXI CAP FUND	Tata Mutual Fund	Equity	1.59%
28	DSP Equity Savings Fund	DSP Mutual Fund	Hybrid	1.53%
29	UTI - Banking and Financial Services Fund	UTI Mutual Fund	Thematic	1.49%
30	Franklin India Equity Savings Fund	Franklin Templeton Mutual Fund	Hybrid	1.47%
31	SBI Equity Savings Fund	SBI Mutual Fund	Hybrid	1.44%
32	DSP Aggressive Hybrid Fund	DSP Mutual Fund	Hybrid	1.43%
33	LIC MF CONSUMPTION FUND	LIC Mutual Fund	Thematic	1.42%
34	Mahindra Manulife Large Cap Fund	Mahindra Manulife Mutual Fund	Equity	1.4%
35	JioBlackRock Arbitrage Fund	Jio BlackRock Mutual Fund	Hybrid	1.34%
36	TATA BUSINESS CYCLE FUND	Tata Mutual Fund	Thematic	1.34%
37	ICICI Prudential Equity Minimum Variance Fund	ICICI Prudential Mutual Fund	Equity	1.31%
38	NIPPON INDIA LARGE CAP FUND	Nippon India Mutual Fund	Equity	1.31%
39	ICICI Prudential Quality Fund	ICICI Prudential Mutual Fund	Equity	1.27%
40	UTI - Large Cap Fund	UTI Mutual Fund	Equity	1.27%
41	DSP India T.I.G.E.R. Fund	DSP Mutual Fund	Thematic	1.26%
42	Mirae Asset Large Cap Fund	Mirae Asset Mutual Fund	Equity	1.25%
43	Franklin India Focused Equity Fund	Franklin Templeton Mutual Fund	Equity	1.24%
44	Baroda BNP Paribas Value Fund	Baroda BNP Paribas Mutual Fund	Equity	1.17%
45	JM Large Cap Fund	JM Financial Mutual Fund	Equity	1.17%
46	DSP Dynamic Asset Allocation Fund	DSP Mutual Fund	Hybrid	1.15%
47	NIPPON INDIA BANKING & FINANCIAL SERVICES FUND	Nippon India Mutual Fund	Thematic	1.15%
48	Aditya Birla Sun Life Special Opportunities Fund	Aditya Birla Sun Life Mutual Fund	Thematic	1.09%
49	ICICI Prudential Large Cap Fund	ICICI Prudential Mutual Fund	Equity	1.07%
50	UTI - Master Equity Plan Unit Scheme	UTI Mutual Fund	Equity	1.07%
51	UTI ELSS Tax Saver Fund	UTI Mutual Fund	Equity	1.04%
52	Aditya Birla Sun Life Banking And Financial Services Fund	Aditya Birla Sun Life Mutual Fund	Thematic	1.02%
53	UTI Value Fund	UTI Mutual Fund	Equity	1.02%
54	The Wealth Company Balanced Advt Fund	The Wealth Company Mutual Fund	Hybrid	1%
55	HDFC Hybrid Equity Fund	HDFC Mutual Fund	Hybrid	0.97%
56	Groww Arbitrage Fund	Groww Mutual Fund	Hybrid	0.96%
57	Mahindra Manulife Aggressive Hybrid Fund	Mahindra Manulife Mutual Fund	Hybrid	0.94%
58	SBI Equity Minimum Variance Fund	SBI Mutual Fund	Equity	0.94%
59	ICICI Prudential Exports and Services Fund	ICICI Prudential Mutual Fund	Thematic	0.93%
60	PGIM INDIA FLEXI CAP FUND	PGIM India Mutual Fund	Equity	0.92%
61	PGIM INDIA LARGE CAP FUND	PGIM India Mutual Fund	Equity	0.92%
62	Mahindra Manulife ELSS Tax Saver Fund	Mahindra Manulife Mutual Fund	Equity	0.91%
63	Unifi Dynamic Asset Allocation Fund	Unifi Mutual Fund	Hybrid	0.9%
64	WhiteOak Capital Equity Savings Fund	WhiteOak Capital Mutual Fund	Hybrid	0.9%
65	SBI Conservative Hybrid Fund	SBI Mutual Fund	Hybrid	0.89%
66	Baroda BNP Paribas Business Cycle Fund	Baroda BNP Paribas Mutual Fund	Thematic	0.88%
67	PGIM INDIA BALANCED ADVANTAGE FUND	PGIM India Mutual Fund	Hybrid	0.87%
68	TATA BALANCED ADVANTAGE FUND	Tata Mutual Fund	Hybrid	0.86%
69	HDFC Value Fund	HDFC Mutual Fund	Equity	0.83%
70	Axis Value Fund	Axis Mutual Fund	Equity	0.81%
71	LIC MF EQUITY SAVINGS FUND	LIC Mutual Fund	Hybrid	0.8%
72	Axis Arbitrage Fund	Axis Mutual Fund	Hybrid	0.79%
73	Axis Aggressive Hybrid Fund	Axis Mutual Fund	Hybrid	0.78%
74	Aditya Birla Sun Life Multi Asset Allocation Fund	Aditya Birla Sun Life Mutual Fund	Hybrid	0.77%
75	Franklin India Large Cap Fund	Franklin Templeton Mutual Fund	Equity	0.77%
76	Motilal Oswal Arbitrage Fund	Motilal Oswal Mutual Fund	Hybrid	0.76%
77	WhiteOak Capital Banking & Financial Services Fund	WhiteOak Capital Mutual Fund	Thematic	0.75%
78	HDFC Multi-Asset Allocation Fund	HDFC Mutual Fund	Hybrid	0.73%
79	DSP Regular Savings Fund	DSP Mutual Fund	Hybrid	0.72%
80	ICICI Prudential Regular Savings Fund	ICICI Prudential Mutual Fund	Hybrid	0.71%
81	PGIM INDIA ELSS TAX SAVER FUND	PGIM India Mutual Fund	Equity	0.71%
82	WhiteOak Capital Arbitrage Fund	WhiteOak Capital Mutual Fund	Hybrid	0.71%
83	Shriram Multi Asset Allocation	Shriram Mutual Fund	Hybrid	0.69%
84	Bajaj Finserv Balanced Advantage Fund	Bajaj Finserv Mutual Fund	Hybrid	0.67%
85	CANARA ROBECO ELSS TAX SAVER	Canara Robeco Mutual Fund	Equity	0.65%
86	Kotak Large Cap Fund	Kotak Mahindra Mutual Fund	Equity	0.62%
87	Capitalmind Arbitrage Fund	Capitalmind Mutual Fund	Hybrid	0.6%
88	ICICI Prudential Multi-Asset Fund	ICICI Prudential Mutual Fund	Hybrid	0.59%
89	NIPPON INDIA SMALL CAP FUND	Nippon India Mutual Fund	Equity	0.59%
90	HSBC Equity Savings Fund	HSBC Mutual Fund	Hybrid	0.58%
91	HDFC Dividend Yield Fund	HDFC Mutual Fund	Equity	0.57%
92	Aditya Birla Sun Life Large Cap Fund	Aditya Birla Sun Life Mutual Fund	Equity	0.56%
93	Axis Balanced Advantage Fund	Axis Mutual Fund	Hybrid	0.54%
94	Axis Conservative Hybrid Fund	Axis Mutual Fund	Hybrid	0.54%
95	ICICI Prudential Dividend Yield Equity Fund	ICICI Prudential Mutual Fund	Equity	0.54%
96	HDFC Multi Cap Fund	HDFC Mutual Fund	Equity	0.53%
97	HDFC Arbitrage Fund	HDFC Mutual Fund	Hybrid	0.52%
98	HDFC Equity Savings Fund	HDFC Mutual Fund	Hybrid	0.5%
99	JM Arbitrage Fund	JM Financial Mutual Fund	Hybrid	0.5%
100	Mirae Asset Multicap Fund	Mirae Asset Mutual Fund	Equity	0.48%
101	UTI Balanced Advantage Fund	UTI Mutual Fund	Hybrid	0.48%
102	Mirae Asset Equity Savings Fund	Mirae Asset Mutual Fund	Hybrid	0.45%
103	TATA MULTI ASSET ALLOCATION FUND	Tata Mutual Fund	Hybrid	0.45%
104	TRUSTMF Arbitrage Fund	Trust Mutual Fund	Hybrid	0.44%
105	PGIM INDIA MULTI ASSET ALLOCATION FUND	PGIM India Mutual Fund	Hybrid	0.43%
106	Parag Parikh Large Cap Fund	PPFAS Mutual Fund	Equity	0.43%
107	DSP Arbitrage Fund	DSP Mutual Fund	Hybrid	0.42%
108	NIPPON INDIA EQUITY SAVINGS FUND	Nippon India Mutual Fund	Hybrid	0.41%
109	SBI Arbitrage Opportunities Fund	SBI Mutual Fund	Hybrid	0.39%
110	Bajaj Finserv Arbitrage Fund	Bajaj Finserv Mutual Fund	Hybrid	0.38%
111	Aditya Birla Sun Life Arbitrage Fund	Aditya Birla Sun Life Mutual Fund	Hybrid	0.36%
112	Shriram Aggressive Hybrid Fund	Shriram Mutual Fund	Hybrid	0.35%
113	NJ Arbitrage Fund	NJ Mutual Fund	Hybrid	0.33%
114	ICICI Prudential Balanced Advantage Fund	ICICI Prudential Mutual Fund	Hybrid	0.31%
115	Kotak Balanced Advantage Fund	Kotak Mahindra Mutual Fund	Hybrid	0.29%
116	HSBC Arbitrage Fund	HSBC Mutual Fund	Hybrid	0.26%
117	NIPPON INDIA ARBITRAGE FUND	Nippon India Mutual Fund	Hybrid	0.26%
118	Shriram Balanced Advantage Fund	Shriram Mutual Fund	Hybrid	0.26%
119	UTI Conservative Hybrid Fund	UTI Mutual Fund	Hybrid	0.25%
120	HDFC Large and Mid Cap Fund	HDFC Mutual Fund	Equity	0.22%
121	Mirae Asset Arbitrage Fund	Mirae Asset Mutual Fund	Hybrid	0.2%
122	UTI Multi Asset Allocation Fund	UTI Mutual Fund	Hybrid	0.2%
123	Baroda BNP Paribas Arbitrage Fund	Baroda BNP Paribas Mutual Fund	Hybrid	0.19%
124	NJ Balanced Advantage Fund	NJ Mutual Fund	Hybrid	0.19%
125	Mirae Asset Balanced Advantage Fund	Mirae Asset Mutual Fund	Hybrid	0.17%
126	ICICI Prudential Equity & Debt Fund	ICICI Prudential Mutual Fund	Hybrid	0.16%
127	JioBlackRock Sector Rotation Fund	Jio BlackRock Mutual Fund	Thematic	0.15%
128	PGIM INDIA EQUITY SAVINGS FUND	PGIM India Mutual Fund	Hybrid	0.14%
129	HDFC Balanced Advantage Fund	HDFC Mutual Fund	Hybrid	0.13%
130	ICICI Prudential Arbitrage Fund	ICICI Prudential Mutual Fund	Hybrid	0.11%
131	Franklin India Flexi Cap Fund	Franklin Templeton Mutual Fund	Equity	0.06%
132	Nippon India Conservative Hybrid Fund	Nippon India Mutual Fund	Hybrid	0.06%
133	Aditya Birla Sun Life Equity Savings Fund	Aditya Birla Sun Life Mutual Fund	Hybrid	0.05%
134	SBI Balanced Advantage Fund	SBI Mutual Fund	Hybrid	0.01%
135	Kotak Arbitrage Fund	Kotak Mahindra Mutual Fund	Hybrid	0%
136	Parag Parikh Arbitrage Fund	PPFAS Mutual Fund	Hybrid	0%
137	TATA ARBITRAGE FUND	Tata Mutual Fund	Hybrid	0%
138	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.