Mutual Funds Holding Punjab National Bank

Financial Services69 fundsISIN INE160A01022

As of 30 September 2026, 69 Indian mutual funds hold Punjab National Bank (Financial Services), led by SBI Contra Fund at 2.91% of its net assets, per the AMCs' SEBI-mandated monthly disclosures.

As of 30 September 2026, 69 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.

Holding Analysis

Across the 69 funds holding Punjab National Bank, the average position size is 0.82% of net assets. The highest-conviction holder is SBI Contra Fund (Equity), at 2.91%. Hybrid funds account for 55 of the 69 holders, with the rest spread across 2 other categories. Over the last month, 1 fund initiated a new position and 5 funds exited, with the largest weight change at JM Arbitrage Fund (-0.49pp to 0.27%).

Fund Activity Last Month

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.

1 started a position5 exited4 increased2 reduced

New Positions

Samco Large Cap Fund at 1.43%

Complete Exits

Groww Arbitrage Fund was 1.52%
Mahindra Manulife Large Cap Fund was 1.07%
The Wealth Company Balanced Advt Fund was 1.07%
JM Flexicap Fund was 0.46%
Bandhan Balanced Advantage Fund was 0.18%

Weight Increased

Fund	Weight	Change
Helios Balanced Advantage Fund	2.28% → 2.46%	▲ +0.18
Capitalmind Multi Asset Allocation Fund	2.48% → 2.62%	▲ +0.14
SBI Contra Fund	2.78% → 2.91%	▲ +0.13
Kotak Active Momentum Fund	1.39% → 1.5%	▲ +0.11

Weight Reduced

Fund	Weight	Change
JM Arbitrage Fund	0.76% → 0.27%	▼ -0.49
Franklin India Arbitrage Fund	0.88% → 0.41%	▼ -0.47

Funds Holding Punjab National Bank

#	Fund	AMC	Category	% to NAV
1	SBI Contra Fund	SBI Mutual Fund	Equity	2.91%
2	Capitalmind Multi Asset Allocation Fund	Capitalmind Mutual Fund	Hybrid	2.62%
3	Helios Balanced Advantage Fund	Helios Mutual Fund	Hybrid	2.46%
4	PGIM INDIA ARBITRAGE FUND	PGIM India Mutual Fund	Hybrid	2.12%
5	SBI Balanced Advantage Fund	SBI Mutual Fund	Hybrid	1.86%
6	HSBC Arbitrage Fund	HSBC Mutual Fund	Hybrid	1.81%
7	Old Bridge Arbitrage Fund	Old Bridge Mutual Fund	Hybrid	1.68%
8	JioBlackRock Large Cap Fund	Jio BlackRock Mutual Fund	Equity	1.67%
9	Baroda BNP Paribas Large Cap Fund	Baroda BNP Paribas Mutual Fund	Equity	1.65%
10	DSP Arbitrage Fund	DSP Mutual Fund	Hybrid	1.62%
11	Mahindra Manulife Value Fund	Mahindra Manulife Mutual Fund	Equity	1.61%
12	Kotak Active Momentum Fund	Kotak Mahindra Mutual Fund	Equity	1.5%
13	Samco Large Cap Fund	Samco Mutual Fund	Equity	1.43%
14	NJ Value Fund	NJ Mutual Fund	Equity	1.41%
15	Sundaram Multi-Factor Fund	Sundaram Mutual Fund	Equity	1.32%
16	TRUSTMF Arbitrage Fund	Trust Mutual Fund	Hybrid	1.31%
17	HDFC Arbitrage Fund	HDFC Mutual Fund	Hybrid	1.28%
18	Bandhan Equity Savings Fund	Bandhan Mutual Fund	Hybrid	1.26%
19	Baroda BNP Paribas Services Fund	Baroda BNP Paribas Mutual Fund	Thematic	1.23%
20	HSBC Value Fund	HSBC Mutual Fund	Equity	1.18%
21	SBI Multi Asset Allocation Fund	SBI Mutual Fund	Hybrid	1.13%
22	Bajaj Finserv Arbitrage Fund	Bajaj Finserv Mutual Fund	Hybrid	1.1%
23	DSP Dynamic Asset Allocation Fund	DSP Mutual Fund	Hybrid	1.1%
24	Mahindra Manulife Business Cycle Fund	Mahindra Manulife Mutual Fund	Thematic	1.05%
25	Parag Parikh Arbitrage Fund	PPFAS Mutual Fund	Hybrid	1.04%
26	JioBlackRock Flexi Cap Fund	Jio BlackRock Mutual Fund	Equity	0.98%
27	Baroda BNP Paribas Arbitrage Fund	Baroda BNP Paribas Mutual Fund	Hybrid	0.97%
28	Helios Arbitrage Fund	Helios Mutual Fund	Hybrid	0.95%
29	Bandhan Arbitrage Fund	Bandhan Mutual Fund	Hybrid	0.9%
30	Baroda BNP Paribas Equity Savings Fund	Baroda BNP Paribas Mutual Fund	Hybrid	0.85%
31	SBI Arbitrage Opportunities Fund	SBI Mutual Fund	Hybrid	0.81%
32	DSP Equity Savings Fund	DSP Mutual Fund	Hybrid	0.8%
33	LIC MF ARBITRAGE FUND	LIC Mutual Fund	Hybrid	0.8%
34	Axis Arbitrage Fund	Axis Mutual Fund	Hybrid	0.79%
35	Capitalmind Arbitrage Fund	Capitalmind Mutual Fund	Hybrid	0.79%
36	SBI Arbitrage Fund	SBI Mutual Fund	Hybrid	0.78%
37	HSBC Equity Savings Fund	HSBC Mutual Fund	Hybrid	0.73%
38	Edelweiss Arbitrage Fund	Edelweiss Mutual Fund	Hybrid	0.71%
39	ICICI Prudential Arbitrage Fund	ICICI Prudential Mutual Fund	Hybrid	0.69%
40	ITI Arbitrage Fund	ITI Mutual Fund	Hybrid	0.56%
41	Axis Equity Savings Fund	Axis Mutual Fund	Hybrid	0.55%
42	Groww Aggressive Hybrid Fund	Groww Mutual Fund	Hybrid	0.53%
43	Nippon India Arbitrage Fund	Nippon India Mutual Fund	Hybrid	0.47%
44	NJ Arbitrage Fund	NJ Mutual Fund	Hybrid	0.42%
45	Franklin India Arbitrage Fund	Franklin Templeton Mutual Fund	Hybrid	0.41%
46	Mirae Asset Arbitrage Fund	Mirae Asset Mutual Fund	Hybrid	0.34%
47	Parag Parikh Large Cap Fund	PPFAS Mutual Fund	Equity	0.3%
48	JM Arbitrage Fund	JM Financial Mutual Fund	Hybrid	0.27%
49	SBI Equity Savings Fund	SBI Mutual Fund	Hybrid	0.27%
50	Aditya Birla Sun Life Arbitrage Fund	Aditya Birla Sun Life Mutual Fund	Hybrid	0.26%
51	JioBlackRock Sector Rotation Fund	Jio BlackRock Mutual Fund	Thematic	0.23%
52	ICICI Prudential Equity Savings Fund	ICICI Prudential Mutual Fund	Hybrid	0.22%
53	NJ Balanced Advantage Fund	NJ Mutual Fund	Hybrid	0.21%
54	JioBlackRock Arbitrage Fund	Jio BlackRock Mutual Fund	Hybrid	0.11%
55	Zerodha Life Cycle Fund 2041	Zerodha Mutual Fund	Hybrid	0.11%
56	Zerodha Life Cycle Fund 2036	Zerodha Mutual Fund	Hybrid	0.1%
57	Edelweiss Equity Savings Fund	Edelweiss Mutual Fund	Hybrid	0.09%
58	Mirae Asset Equity Savings Fund	Mirae Asset Mutual Fund	Hybrid	0.08%
59	Groww Multi Asset Allocation Fund	Groww Mutual Fund	Hybrid	0.07%
60	Zerodha Life Cycle Fund 2031	Zerodha Mutual Fund	Hybrid	0.07%
61	Mirae Asset Multi Asset Allocation Fund	Mirae Asset Mutual Fund	Hybrid	0.06%
62	Mirae Asset Balanced Advantage Fund	Mirae Asset Mutual Fund	Hybrid	0.05%
63	Bandhan Multi Asset Allocation Fund	Bandhan Mutual Fund	Hybrid	0.03%
64	Unifi Dynamic Asset Allocation Fund	Unifi Mutual Fund	Hybrid	0.01%
65	Kotak Arbitrage Fund	Kotak Mahindra Mutual Fund	Hybrid	0%
66	Kotak Balanced Advantage Fund	Kotak Mahindra Mutual Fund	Hybrid	0%
67	TATA ARBITRAGE FUND	Tata Mutual Fund	Hybrid	-0.01%
68	UTI - Arbitrage Fund	UTI Mutual Fund	Hybrid	-0.01%
69	quant Arbitrage Fund	quant 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.