As of 30 June 2026, 59 Indian mutual funds hold Punjab National Bank (Financial Services), led by Axis Quant Fund at 3.23% of its net assets, per the AMCs' SEBI-mandated monthly disclosures.
As of 30 June 2026, 59 Indian mutual fund schemes disclose a holding in Punjab National Bank (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.
Across the 59 funds holding Punjab National Bank, the average position size is 0.95% of net assets. The highest-conviction holder is Axis Quant Fund (Equity), at 3.23%. Hybrid funds account for 46 of the 59 holders, with the rest spread across 2 other categories. Over the last month, 6 funds initiated a new position and 1 fund exited, with the largest weight change at Motilal Oswal Quant Fund (-1.77pp to 0.21%).
How funds changed their Punjab National Bank position between their two latest monthly disclosures. Weights are % to NAV; weight moves can also reflect price changes, not only buying or selling.
| Fund | Weight | Change |
|---|---|---|
| Mahindra Manulife Value Fund | 1.02% → 2.26% | ▲ +1.24 |
| Groww Arbitrage Fund | 1.11% → 1.53% | ▲ +0.42 |
| quant Arbitrage Fund | 1.73% → 2.15% | ▲ +0.42 |
| PGIM INDIA ARBITRAGE FUND | 2.08% → 2.49% | ▲ +0.41 |
| HDFC Arbitrage Fund | 0.89% → 1.25% | ▲ +0.36 |
| DSP Arbitrage Fund | 1.36% → 1.61% | ▲ +0.25 |
| Helios Balanced Advantage Fund | 2.11% → 2.23% | ▲ +0.12 |
| SBI Contra Fund | 2.61% → 2.71% | ▲ +0.1 |
| Fund | Weight | Change |
|---|---|---|
| Motilal Oswal Quant Fund | 1.98% → 0.21% | ▼ -1.77 |
| JM Flexicap Fund | 1.71% → 1.15% | ▼ -0.56 |
| The Wealth Company Balanced Advt Fund | 1.37% → 1.07% | ▼ -0.3 |
| # | Fund | AMC | Category | % to NAV |
|---|---|---|---|---|
| 1 | Axis Quant Fund | Axis Mutual Fund | Equity | 3.23% |
| 2 | SBI Contra Fund | SBI Mutual Fund | Equity | 2.71% |
| 3 | PGIM INDIA ARBITRAGE FUND | PGIM India Mutual Fund | Hybrid | 2.49% |
| 4 | Mahindra Manulife Value Fund | Mahindra Manulife Mutual Fund | Equity | 2.26% |
| 5 | Helios Balanced Advantage Fund | Helios Mutual Fund | Hybrid | 2.23% |
| 6 | quant Arbitrage Fund | quant Mutual Fund | Hybrid | 2.15% |
| 7 | SBI Balanced Advantage Fund | SBI Mutual Fund | Hybrid | 1.78% |
| 8 | JioBlackRock Large Cap Fund | Jio BlackRock Mutual Fund | Equity | 1.71% |
| 9 | DSP Arbitrage Fund | DSP Mutual Fund | Hybrid | 1.61% |
| 10 | Baroda BNP Paribas Large Cap Fund | Baroda BNP Paribas Mutual Fund | Equity | 1.54% |
| 11 | Groww Arbitrage Fund | Groww Mutual Fund | Hybrid | 1.53% |
| 12 | HSBC Arbitrage Fund | HSBC Mutual Fund | Hybrid | 1.47% |
| 13 | Old Bridge Arbitrage Fund | Old Bridge Mutual Fund | Hybrid | 1.41% |
| 14 | Bajaj Finserv Arbitrage Fund | Bajaj Finserv Mutual Fund | Hybrid | 1.35% |
| 15 | HDFC Arbitrage Fund | HDFC Mutual Fund | Hybrid | 1.25% |
| 16 | Helios Arbitrage Fund | Helios Mutual Fund | Hybrid | 1.2% |
| 17 | TRUSTMF Arbitrage Fund | Trust Mutual Fund | Hybrid | 1.19% |
| 18 | SBI Multi Asset Allocation Fund | SBI Mutual Fund | Hybrid | 1.17% |
| 19 | JM Flexicap Fund | JM Financial Mutual Fund | Equity | 1.15% |
| 20 | HSBC Value Fund | HSBC Mutual Fund | Equity | 1.14% |
| 21 | Franklin India Arbitrage Fund | Franklin Templeton Mutual Fund | Hybrid | 1.1% |
| 22 | Parag Parikh Arbitrage Fund | PPFAS Mutual Fund | Hybrid | 1.1% |
| 23 | DSP Dynamic Asset Allocation Fund | DSP Mutual Fund | Hybrid | 1.07% |
| 24 | The Wealth Company Balanced Advt Fund | The Wealth Company Mutual Fund | Hybrid | 1.07% |
| 25 | Baroda BNP Paribas Arbitrage Fund | Baroda BNP Paribas Mutual Fund | Hybrid | 1.04% |
| 26 | NJ Arbitrage Fund | NJ Mutual Fund | Hybrid | 1.01% |
| 27 | Mahindra Manulife Large Cap Fund | Mahindra Manulife Mutual Fund | Equity | 0.99% |
| 28 | ICICI Prudential Arbitrage Fund | ICICI Prudential Mutual Fund | Hybrid | 0.98% |
| 29 | Mahindra Manulife Business Cycle Fund | Mahindra Manulife Mutual Fund | Thematic | 0.96% |
| 30 | HSBC Equity Savings Fund | HSBC Mutual Fund | Hybrid | 0.95% |
| 31 | JioBlackRock Flexi Cap Fund | Jio BlackRock Mutual Fund | Equity | 0.94% |
| 32 | LIC MF ARBITRAGE FUND | LIC Mutual Fund | Hybrid | 0.92% |
| 33 | JM Arbitrage Fund | JM Financial Mutual Fund | Hybrid | 0.85% |
| 34 | Capitalmind Arbitrage Fund | Capitalmind Mutual Fund | Hybrid | 0.81% |
| 35 | SBI Arbitrage Opportunities Fund | SBI Mutual Fund | Hybrid | 0.81% |
| 36 | Baroda BNP Paribas Equity Savings Fund | Baroda BNP Paribas Mutual Fund | Hybrid | 0.79% |
| 37 | JioBlackRock Arbitrage Fund | Jio BlackRock Mutual Fund | Hybrid | 0.75% |
| 38 | DSP Equity Savings Fund | DSP Mutual Fund | Hybrid | 0.72% |
| 39 | Axis Arbitrage Fund | Axis Mutual Fund | Hybrid | 0.7% |
| 40 | Groww Aggressive Hybrid Fund | Groww Mutual Fund | Hybrid | 0.52% |
| 41 | Axis Equity Savings Fund | Axis Mutual Fund | Hybrid | 0.51% |
| 42 | NIPPON INDIA ARBITRAGE FUND | Nippon India Mutual Fund | Hybrid | 0.5% |
| 43 | Unifi Dynamic Asset Allocation Fund | Unifi Mutual Fund | Hybrid | 0.45% |
| 44 | Mirae Asset Arbitrage Fund | Mirae Asset Mutual Fund | Hybrid | 0.32% |
| 45 | Parag Parikh Large Cap Fund | PPFAS Mutual Fund | Equity | 0.28% |
| 46 | Aditya Birla Sun Life Arbitrage Fund | Aditya Birla Sun Life Mutual Fund | Hybrid | 0.26% |
| 47 | SBI Equity Savings Fund | SBI Mutual Fund | Hybrid | 0.26% |
| 48 | JioBlackRock Sector Rotation Fund | Jio BlackRock Mutual Fund | Thematic | 0.21% |
| 49 | Motilal Oswal Quant Fund | Motilal Oswal Mutual Fund | Equity | 0.21% |
| 50 | ICICI Prudential Equity Savings Fund | ICICI Prudential Mutual Fund | Hybrid | 0.2% |
| 51 | NJ Balanced Advantage Fund | NJ Mutual Fund | Hybrid | 0.19% |
| 52 | Mirae Asset Equity Savings Fund | Mirae Asset Mutual Fund | Hybrid | 0.08% |
| 53 | Groww Multi Asset Allocation Fund | Groww Mutual Fund | Hybrid | 0.07% |
| 54 | Mirae Asset Multi Asset Allocation Fund | Mirae Asset Mutual Fund | Hybrid | 0.06% |
| 55 | Mirae Asset Balanced Advantage Fund | Mirae Asset Mutual Fund | Hybrid | 0.05% |
| 56 | Kotak Arbitrage Fund | Kotak Mahindra Mutual Fund | Hybrid | 0% |
| 57 | Kotak Balanced Advantage Fund | Kotak Mahindra Mutual Fund | Hybrid | 0% |
| 58 | TATA ARBITRAGE FUND | Tata Mutual Fund | Hybrid | -0.01% |
| 59 | UTI - Arbitrage Fund | UTI 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.