Mutual Funds Holding Lupin Limited

Healthcare130 fundsISIN INE326A01037

As of 30 September 2026, 130 Indian mutual funds hold Lupin Limited (Healthcare), led by NIPPON INDIA PHARMA FUND at 6.17% of its net assets, per the AMCs' SEBI-mandated monthly disclosures.

As of 30 September 2026, 130 Indian mutual fund schemes disclose a holding in Lupin Limited (Healthcare). 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 130 funds holding Lupin Limited, the average position size is 1.11% of net assets. The highest-conviction holder is NIPPON INDIA PHARMA FUND (Thematic), at 6.17%. Equity funds account for 58 of the 130 holders, with the rest spread across 2 other categories. Over the last month, 8 funds initiated a new position and 8 funds exited, with the largest weight change at Kotak Quant Fund (-1.86pp to 1.01%).

Fund Activity Last Month

How funds changed their Lupin 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 position8 exited6 increased15 reduced

New Positions

HDFC MNC Fund at 0.65%
Sundaram Aggressive Hybrid Fund at 0.63%
Sundaram Multi Asset Allocation Fund at 0.59%
Sundaram Dynamic Asset Allocation Fund at 0.56%
Groww Aggressive Hybrid Fund at 0.34%
Sundaram Equity Savings Fund at 0.33%
Bandhan Multi Cap Fund at 0.28%
HSBC Arbitrage Fund at 0.01%

Complete Exits

Aditya Birla Sun Life Quant Fund was 2.38%
Samco Mid Cap Fund was 2.37%
Aditya Birla Sun Life Esg Integration Strategy Fund was 0.76%
Samco Multi Asset Allocation Fund was 0.71%
Bandhan Flexi Cap Fund was 0.26%
ICICI Prudential Large Cap Fund was 0.17%
Sundaram Balanced Advantage Fund was 0.01%
Parag Parikh Flexi Cap Fund was 0%

Weight Increased

Fund	Weight	Change
PGIM INDIA HEALTHCARE FUND	1.42% → 1.93%	▲ +0.51
Bandhan Healthcare Fund	3.96% → 4.35%	▲ +0.39
Abakkus Flexi Cap Fund	1.98% → 2.33%	▲ +0.35
UTI - Mid Cap Fund	0.92% → 1.23%	▲ +0.31
Mirae Asset Arbitrage Fund	0.13% → 0.39%	▲ +0.26
DSP Quant Fund	2.14% → 2.34%	▲ +0.2

Weight Reduced

Fund	Weight	Change
Kotak Quant Fund	2.87% → 1.01%	▼ -1.86
Bandhan Multi-Factor Fund	3.95% → 2.49%	▼ -1.46
HSBC Multi Cap Fund	1.63% → 0.92%	▼ -0.71
HDFC Pharma and Healthcare Fund	4.67% → 4.04%	▼ -0.63
Groww ELSS Tax Saver Fund	1.08% → 0.66%	▼ -0.42
ITI Mid Cap Fund	0.94% → 0.53%	▼ -0.41
ITI Pharma and Healthcare Fund	2.43% → 2.04%	▼ -0.39
HSBC Multi Asset Allocation Fund	2.46% → 2.12%	▼ -0.34
SBI Large and Midcap Fund	0.79% → 0.52%	▼ -0.27
NIPPON INDIA PHARMA FUND	6.43% → 6.17%	▼ -0.26
HDFC Large Cap Fund	2.77% → 2.53%	▼ -0.24
HSBC India Export Opportunities Fund	1.5% → 1.27%	▼ -0.23
Baroda BNP Paribas Health and Wellness Fund	5.99% → 5.79%	▼ -0.2
UTI - Healthcare Fund	3.09% → 2.89%	▼ -0.2
HDFC Manufacturing Fund	1.82% → 1.63%	▼ -0.19

Funds Holding Lupin Limited

#	Fund	AMC	Category	% to NAV
1	NIPPON INDIA PHARMA FUND	Nippon India Mutual Fund	Thematic	6.17%
2	Baroda BNP Paribas Health and Wellness Fund	Baroda BNP Paribas Mutual Fund	Thematic	5.79%
3	Bandhan Healthcare Fund	Bandhan Mutual Fund	Thematic	4.35%
4	HDFC Pharma and Healthcare Fund	HDFC Mutual Fund	Thematic	4.04%
5	Mirae Asset Midcap Fund	Mirae Asset Mutual Fund	Equity	3.34%
6	NJ Momentum Fund	NJ Mutual Fund	Equity	3.26%
7	TATA INDIA PHARMA & HEALTHCARE FUND	Tata Mutual Fund	Thematic	3.14%
8	Aditya Birla Sun Life Pharma & Healthcare Fund	Aditya Birla Sun Life Mutual Fund	Thematic	2.94%
9	UTI - Healthcare Fund	UTI Mutual Fund	Thematic	2.89%
10	Sundaram Multi-Factor Fund	Sundaram Mutual Fund	Equity	2.79%
11	HDFC Large Cap Fund	HDFC Mutual Fund	Equity	2.53%
12	Bandhan Multi-Factor Fund	Bandhan Mutual Fund	Equity	2.49%
13	Capitalmind Multi Asset Allocation Fund	Capitalmind Mutual Fund	Hybrid	2.46%
14	DSP Quant Fund	DSP Mutual Fund	Equity	2.34%
15	Abakkus Flexi Cap Fund	Abakkus Mutual Fund	Equity	2.33%
16	Nippon India MNC Fund	Nippon India Mutual Fund	Thematic	2.28%
17	Mirae Asset Healthcare Fund	Mirae Asset Mutual Fund	Thematic	2.27%
18	ICICI Prudential Pharma Healthcare and Diagnostics Fund	ICICI Prudential Mutual Fund	Thematic	2.23%
19	Baroda BNP Paribas Flexi Cap Fund	Baroda BNP Paribas Mutual Fund	Equity	2.14%
20	Baroda BNP Paribas Innovation Fund	Baroda BNP Paribas Mutual Fund	Thematic	2.13%
21	HSBC Multi Asset Allocation Fund	HSBC Mutual Fund	Hybrid	2.12%
22	JioBlackRock Large Cap Fund	Jio BlackRock Mutual Fund	Equity	2.08%
23	ITI Pharma and Healthcare Fund	ITI Mutual Fund	Thematic	2.04%
24	Bank Of India Mid Cap Tax Fund Series 2	Bank of India Mutual Fund	Equity	2%
25	PGIM INDIA HEALTHCARE FUND	PGIM India Mutual Fund	Thematic	1.93%
26	ICICI Prudential Healthcare Fund	ICICI Prudential Mutual Fund	Thematic	1.88%
27	Mirae Asset Large & Midcap Fund	Mirae Asset Mutual Fund	Equity	1.87%
28	SBI Midcap Fund	SBI Mutual Fund	Equity	1.83%
29	HSBC Large & Mid Cap Fund	HSBC Mutual Fund	Equity	1.8%
30	Mirae Asset Multicap Fund	Mirae Asset Mutual Fund	Equity	1.79%
31	Baroda BNP Paribas Large & Mid Cap Fund	Baroda BNP Paribas Mutual Fund	Equity	1.76%
32	Sundaram Mid Cap Fund	Sundaram Mutual Fund	Equity	1.75%
33	The Wealth Company Mid Cap Fund	The Wealth Company Mutual Fund	Equity	1.65%
34	HDFC Manufacturing Fund	HDFC Mutual Fund	Thematic	1.63%
35	JioBlackRock Flexi Cap Fund	Jio BlackRock Mutual Fund	Equity	1.6%
36	ITI Multi Cap Fund	ITI Mutual Fund	Equity	1.54%
37	Mirae Asset Flexi Cap Fund	Mirae Asset Mutual Fund	Equity	1.43%
38	Bandhan Large & Mid Cap Fund	Bandhan Mutual Fund	Equity	1.33%
39	HSBC India Export Opportunities Fund	HSBC Mutual Fund	Equity	1.27%
40	HDFC Value Fund	HDFC Mutual Fund	Equity	1.26%
41	Nippon India Aggressive Hybrid Fund	Nippon India Mutual Fund	Hybrid	1.24%
42	UTI - Mid Cap Fund	UTI Mutual Fund	Equity	1.23%
43	Invesco India Contra Fund	Invesco Mutual Fund	Equity	1.22%
44	NJ Value Fund	NJ Mutual Fund	Equity	1.2%
45	DSP Large & Mid Cap Fund	DSP Mutual Fund	Equity	1.19%
46	Franklin India Multi-Factor Fund	Franklin Templeton Mutual Fund	Equity	1.19%
47	HSBC Midcap Fund	HSBC Mutual Fund	Equity	1.17%
48	Sundaram Multi Cap Fund	Sundaram Mutual Fund	Equity	1.17%
49	HDFC Balanced Advantage Fund	HDFC Mutual Fund	Hybrid	1.16%
50	HDFC ELSS Tax saver	HDFC Mutual Fund	Equity	1.05%
51	The Wealth Company Multi Cap Fund	The Wealth Company Mutual Fund	Equity	1.03%
52	HDFC Large and Mid Cap Fund	HDFC Mutual Fund	Equity	1.01%
53	Kotak Quant Fund	Kotak Mahindra Mutual Fund	Equity	1.01%
54	Kotak Healthcare Fund	Kotak Mahindra Mutual Fund	Thematic	0.98%
55	HDFC Innovation Fund	HDFC Mutual Fund	Thematic	0.97%
56	HDFC ELSS - Tax Saver Fund	HDFC Mutual Fund	Equity	0.96%
57	HSBC ELSS Tax saver Fund	HSBC Mutual Fund	Equity	0.96%
58	HDFC Flexi Cap Fund	HDFC Mutual Fund	Equity	0.94%
59	HSBC Multi Cap Fund	HSBC Mutual Fund	Equity	0.92%
60	Edelweiss Business Cycle Fund	Edelweiss Mutual Fund	Thematic	0.91%
61	Nippon India Growth Mid Cap Fund	Nippon India Mutual Fund	Equity	0.89%
62	Baroda BNP Paribas Balanced Advantage Fund	Baroda BNP Paribas Mutual Fund	Hybrid	0.88%
63	HSBC Flexi Cap Fund	HSBC Mutual Fund	Equity	0.84%
64	HDFC Multi Cap Fund	HDFC Mutual Fund	Equity	0.82%
65	Edelweiss Mid Cap Fund	Edelweiss Mutual Fund	Equity	0.8%
66	NIPPON INDIA LARGE CAP FUND	Nippon India Mutual Fund	Equity	0.78%
67	Edelweiss Balanced Advantage Fund	Edelweiss Mutual Fund	Hybrid	0.75%
68	Nippon India Flexi Cap Fund	Nippon India Mutual Fund	Equity	0.72%
69	Nippon India Multi Cap Fund	Nippon India Mutual Fund	Equity	0.72%
70	Groww ELSS Tax Saver Fund	Groww Mutual Fund	Equity	0.66%
71	HDFC MNC Fund	HDFC Mutual Fund	Thematic	0.65%
72	HDFC Multi-Asset Allocation Fund	HDFC Mutual Fund	Hybrid	0.63%
73	Sundaram Aggressive Hybrid Fund	Sundaram Mutual Fund	Hybrid	0.63%
74	Sundaram Multi Asset Allocation Fund	Sundaram Mutual Fund	Hybrid	0.59%
75	WhiteOak Capital Arbitrage Fund	WhiteOak Capital Mutual Fund	Hybrid	0.59%
76	Sundaram Dynamic Asset Allocation Fund	Sundaram Mutual Fund	Hybrid	0.56%
77	ITI Mid Cap Fund	ITI Mutual Fund	Equity	0.53%
78	SBI Large and Midcap Fund	SBI Mutual Fund	Equity	0.52%
79	ICICI Prudential Arbitrage Fund	ICICI Prudential Mutual Fund	Hybrid	0.51%
80	PGIM INDIA BALANCED ADVANTAGE FUND	PGIM India Mutual Fund	Hybrid	0.49%
81	Zerodha Life Cycle Fund 2041	Zerodha Mutual Fund	Hybrid	0.49%
82	Edelweiss Aggressive Hybrid Fund	Edelweiss Mutual Fund	Hybrid	0.46%
83	JM Arbitrage Fund	JM Financial Mutual Fund	Hybrid	0.46%
84	HDFC Hybrid Debt Fund	HDFC Mutual Fund	Hybrid	0.45%
85	PGIM INDIA MIDCAP FUND	PGIM India Mutual Fund	Equity	0.45%
86	SBI Contra Fund	SBI Mutual Fund	Equity	0.45%
87	Samco Dynamic Asset Allocation Fund	Samco Mutual Fund	Hybrid	0.45%
88	Mahindra Manulife Arbitrage Fund	Mahindra Manulife Mutual Fund	Hybrid	0.44%
89	JioBlackRock Sector Rotation Fund	Jio BlackRock Mutual Fund	Thematic	0.42%
90	Edelweiss Large Cap Fund	Edelweiss Mutual Fund	Equity	0.4%
91	Groww Multi Asset Allocation Fund	Groww Mutual Fund	Hybrid	0.4%
92	Zerodha Life Cycle Fund 2036	Zerodha Mutual Fund	Hybrid	0.4%
93	HDFC Conservative Hybrid Fund	HDFC Mutual Fund	Hybrid	0.39%
94	Mirae Asset Arbitrage Fund	Mirae Asset Mutual Fund	Hybrid	0.39%
95	HDFC Dividend Yield Fund	HDFC Mutual Fund	Equity	0.35%
96	Groww Aggressive Hybrid Fund	Groww Mutual Fund	Hybrid	0.34%
97	UTI - Master Equity Plan Unit Scheme	UTI Mutual Fund	Equity	0.34%
98	Sundaram Equity Savings Fund	Sundaram Mutual Fund	Hybrid	0.33%
99	UTI - Large Cap Fund	UTI Mutual Fund	Equity	0.33%
100	Bandhan ELSS - Tax Saver Fund	Bandhan Mutual Fund	Equity	0.31%
101	Zerodha Life Cycle Fund 2031	Zerodha Mutual Fund	Hybrid	0.3%
102	SBI ELSS Tax Saver Fund	SBI Mutual Fund	Equity	0.29%
103	Axis Arbitrage Fund	Axis Mutual Fund	Hybrid	0.28%
104	Bandhan Arbitrage Fund	Bandhan Mutual Fund	Hybrid	0.28%
105	Bandhan Multi Cap Fund	Bandhan Mutual Fund	Equity	0.28%
106	HDFC Arbitrage Fund	HDFC Mutual Fund	Hybrid	0.26%
107	JioBlackRock Arbitrage Fund	Jio BlackRock Mutual Fund	Hybrid	0.26%
108	Nippon India Balanced Advantage Fund	Nippon India Mutual Fund	Hybrid	0.24%
109	Bandhan Multi Asset Allocation Fund	Bandhan Mutual Fund	Hybrid	0.22%
110	Sundaram Conservative Hybrid Fund	Sundaram Mutual Fund	Hybrid	0.22%
111	Baroda BNP Paribas Conservative Hybrid Fund	Baroda BNP Paribas Mutual Fund	Hybrid	0.21%
112	Edelweiss Multi Cap Fund	Edelweiss Mutual Fund	Equity	0.21%
113	Aditya Birla Sun Life Arbitrage Fund	Aditya Birla Sun Life Mutual Fund	Hybrid	0.14%
114	Baroda BNP Paribas Arbitrage Fund	Baroda BNP Paribas Mutual Fund	Hybrid	0.13%
115	SBI Balanced Advantage Fund	SBI Mutual Fund	Hybrid	0.12%
116	Franklin India Arbitrage Fund	Franklin Templeton Mutual Fund	Hybrid	0.11%
117	Unifi Dynamic Asset Allocation Fund	Unifi Mutual Fund	Hybrid	0.11%
118	SBI Arbitrage Fund	SBI Mutual Fund	Hybrid	0.1%
119	Mirae Asset Equity Savings Fund	Mirae Asset Mutual Fund	Hybrid	0.08%
120	Motilal Oswal Arbitrage Fund	Motilal Oswal Mutual Fund	Hybrid	0.08%
121	Nippon India Arbitrage Fund	Nippon India Mutual Fund	Hybrid	0.08%
122	Edelweiss Arbitrage Fund	Edelweiss Mutual Fund	Hybrid	0.07%
123	Edelweiss Equity Savings Fund	Edelweiss Mutual Fund	Hybrid	0.07%
124	DSP Arbitrage Fund	DSP Mutual Fund	Hybrid	0.06%
125	SBI Arbitrage Opportunities Fund	SBI Mutual Fund	Hybrid	0.04%
126	HSBC Arbitrage Fund	HSBC Mutual Fund	Hybrid	0.01%
127	HDFC Equity Savings Fund	HDFC Mutual Fund	Hybrid	0%
128	TATA ARBITRAGE FUND	Tata Mutual Fund	Hybrid	0%
129	UTI - Arbitrage Fund	UTI Mutual Fund	Hybrid	0%
130	Kotak Arbitrage Fund	Kotak Mahindra 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.