Mutual Funds Holding SBI Life Insurance Company Limited

Financial Services186 fundsISIN INE123W01016

As of 31 July 2026, 186 Indian mutual funds hold SBI Life Insurance Company Limited (Financial Services), led by DSP Banking & Financial Services Fund at 4.2% of its net assets, per the AMCs' SEBI-mandated monthly disclosures.

As of 31 July 2026, 186 Indian mutual fund schemes disclose a holding in SBI 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 186 funds holding SBI Life Insurance Company Limited, the average position size is 1.32% of net assets. The highest-conviction holder is DSP Banking & Financial Services Fund (Thematic), at 4.2%. Hybrid funds account for 80 of the 186 holders, with the rest spread across 2 other categories. Over the last month, 10 funds initiated a new position and 11 funds exited, with the largest weight change at Shriram Multi Sector Rotation (+1.11pp to 2.12%).

Fund Activity Last Month

How funds changed their SBI 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.

10 started a position11 exited15 increased7 reduced

New Positions

Bajaj Finserv Large Cap Fund at 2.29%
The Wealth Company Flexi Cap Fund at 2.21%
Bajaj Finserv Banking and Financial Services Fund at 1.92%
The Wealth Company Small Cap Fund at 1.87%
Aditya Birla Sun Life Dividend Yield Fund at 1.01%
DSP Multi Asset Allocation Fund at 0.78%
HDFC Innovation Fund at 0.63%
Bajaj Finserv Multi Asset Allocation Fund at 0.5%
JioBlackRock Sector Rotation Fund at 0.21%
HSBC Arbitrage Fund at 0.08%

Complete Exits

Baroda BNP Paribas Health and Wellness Fund was 3.19%
CANARA ROBECO FOCUSED FUND was 1.45%
Axis Momentum Fund was 1.26%
JioBlackRock Large Cap Fund was 0.82%
CANARA ROBECO BANKING AND FINANCIAL SERVICES FUND was 0.56%
HDFC Multi Cap Fund was 0.52%
Baroda BNP Paribas Equity Savings Fund was 0.48%
JioBlackRock Flexi Cap Fund was 0.47%
WhiteOak Capital Quality Equity Fund was 0.4%
Groww Arbitrage Fund was 0.29%
JioBlackRock Arbitrage Fund was 0.18%

Weight Increased

Fund	Weight	Change
Shriram Multi Sector Rotation	1.01% → 2.12%	▲ +1.11
HDFC Banking & Financial Services Fund	2.97% → 3.94%	▲ +0.97
DSP Flexi Cap Fund	1.49% → 2.33%	▲ +0.84
Franklin India Large Cap Fund	2.9% → 3.67%	▲ +0.77
DSP Aggressive Hybrid Fund	2.39% → 2.8%	▲ +0.41
DSP Regular Savings Fund	0.48% → 0.78%	▲ +0.3
DSP Value Fund	2.16% → 2.46%	▲ +0.3
DSP Large & Mid Cap Fund	1% → 1.27%	▲ +0.27
DSP Equity Savings Fund	0.9% → 1.15%	▲ +0.25
TATA BANKING & FINANCIAL SERVICES FUND	3.74% → 3.98%	▲ +0.24
UTI - Banking and Financial Services Fund	3.42% → 3.62%	▲ +0.2
Aditya Birla Sun Life Banking And Financial Services Fund	2.56% → 2.75%	▲ +0.19
Mirae Asset Banking and Financial Services Fund	3.04% → 3.23%	▲ +0.19
TATA FOCUSED FUND	3.89% → 4.08%	▲ +0.19
DSP ELSS Tax Saver Fund	1.36% → 1.54%	▲ +0.18

Weight Reduced

Fund	Weight	Change
ICICI Prudential Banking & Financial Services Fund	4.01% → 2.98%	▼ -1.03
SBI Equity Minimum Variance Fund	1.76% → 1.03%	▼ -0.73
Baroda BNP Paribas Multi Cap Fund	2.11% → 1.43%	▼ -0.68
Baroda BNP Paribas Banking & Financial Services Fund	2.72% → 2.22%	▼ -0.5
Mahindra Manulife Banking & Financial Services Fund	3.21% → 2.94%	▼ -0.27
Invesco India Financial Services Fund	2.28% → 2.06%	▼ -0.22
Invesco India Psu Equity Fund	3.37% → 3.25%	▼ -0.12

Funds Holding SBI Life Insurance Company Limited

#	Fund	AMC	Category	% to NAV
1	DSP Banking & Financial Services Fund	DSP Mutual Fund	Thematic	4.2%
2	TATA FOCUSED FUND	Tata Mutual Fund	Equity	4.08%
3	DSP Focused Fund	DSP Mutual Fund	Equity	3.99%
4	TATA BANKING & FINANCIAL SERVICES FUND	Tata Mutual Fund	Thematic	3.98%
5	HDFC Banking & Financial Services Fund	HDFC Mutual Fund	Thematic	3.94%
6	Franklin India Large Cap Fund	Franklin Templeton Mutual Fund	Equity	3.67%
7	UTI - Banking and Financial Services Fund	UTI Mutual Fund	Thematic	3.62%
8	HDFC Flexi Cap Fund	HDFC Mutual Fund	Equity	3.56%
9	HDFC ELSS Tax saver	HDFC Mutual Fund	Equity	3.49%
10	HDFC Focused Fund	HDFC Mutual Fund	Equity	3.47%
11	Aditya Birla Sun Life Focused Fund	Aditya Birla Sun Life Mutual Fund	Equity	3.37%
12	Invesco India Psu Equity Fund	Invesco Mutual Fund	Thematic	3.25%
13	Mirae Asset Banking and Financial Services Fund	Mirae Asset Mutual Fund	Thematic	3.23%
14	NIPPON INDIA BANKING & FINANCIAL SERVICES FUND	Nippon India Mutual Fund	Thematic	3.22%
15	Sundaram Focused Fund	Sundaram Mutual Fund	Equity	3.17%
16	Quant Fund	360 ONE Mutual Fund	Equity	3.01%
17	ICICI Prudential India Opportunities Fund	ICICI Prudential Mutual Fund	Equity	3.01%
18	ICICI Prudential Banking & Financial Services Fund	ICICI Prudential Mutual Fund	Thematic	2.98%
19	Mahindra Manulife Banking & Financial Services Fund	Mahindra Manulife Mutual Fund	Thematic	2.94%
20	Baroda BNP Paribas Focused Fund	Baroda BNP Paribas Mutual Fund	Equity	2.89%
21	DSP Aggressive Hybrid Fund	DSP Mutual Fund	Hybrid	2.8%
22	Aditya Birla Sun Life Banking And Financial Services Fund	Aditya Birla Sun Life Mutual Fund	Thematic	2.75%
23	LIC MF LARGE CAP FUND	LIC Mutual Fund	Equity	2.72%
24	DSP Large Cap Fund	DSP Mutual Fund	Equity	2.71%
25	ICICI Prudential ESG Exclusionary Strategy Fund	ICICI Prudential Mutual Fund	Thematic	2.56%
26	ICICI Prudential Balanced Hybrid Fund	ICICI Prudential Mutual Fund	Hybrid	2.52%
27	DSP Value Fund	DSP Mutual Fund	Equity	2.46%
28	Shriram Flexi Cap Fund	Shriram Mutual Fund	Equity	2.45%
29	ICICI Prudential Value Fund	ICICI Prudential Mutual Fund	Equity	2.4%
30	DSP Flexi Cap Fund	DSP Mutual Fund	Equity	2.33%
31	Mirae Asset Focused Fund	Mirae Asset Mutual Fund	Equity	2.33%
32	Bajaj Finserv Large Cap Fund	Bajaj Finserv Mutual Fund	Equity	2.29%
33	Baroda BNP Paribas Flexi Cap Fund	Baroda BNP Paribas Mutual Fund	Equity	2.23%
34	Baroda BNP Paribas Banking & Financial Services Fund	Baroda BNP Paribas Mutual Fund	Thematic	2.22%
35	The Wealth Company Flexi Cap Fund	The Wealth Company Mutual Fund	Equity	2.21%
36	Mirae Asset ELSS Tax Saver Fund	Mirae Asset Mutual Fund	Equity	2.14%
37	Shriram ELSS Tax Saver Fund	Shriram Mutual Fund	Equity	2.14%
38	Shriram Multi Sector Rotation	Shriram Mutual Fund	Thematic	2.12%
39	TATA FLEXI CAP FUND	Tata Mutual Fund	Equity	2.11%
40	Kotak Rural Opportunities Fund	Kotak Mahindra Mutual Fund	Thematic	2.1%
41	Baroda BNP Paribas Large & Mid Cap Fund	Baroda BNP Paribas Mutual Fund	Equity	2.06%
42	Invesco India Financial Services Fund	Invesco Mutual Fund	Thematic	2.06%
43	Mirae Asset Large & Midcap Fund	Mirae Asset Mutual Fund	Equity	2.05%
44	ICICI PRUDENTIAL PSU EQUITY FUND	ICICI Prudential Mutual Fund	Thematic	2.04%
45	HDFC Value Fund	HDFC Mutual Fund	Equity	2.02%
46	Sundaram Large Cap Fund	Sundaram Mutual Fund	Equity	2.02%
47	LIC MF BANKING AND FINANCIAL SERVICES FUND	LIC Mutual Fund	Thematic	1.99%
48	HDFC Dividend Yield Fund	HDFC Mutual Fund	Equity	1.98%
49	SBI PSU Fund	SBI Mutual Fund	Thematic	1.94%
50	Bajaj Finserv Banking and Financial Services Fund	Bajaj Finserv Mutual Fund	Thematic	1.92%
51	Kotak Banking and Financial Services Fund	Kotak Mahindra Mutual Fund	Thematic	1.92%
52	Aditya Birla Sun Life Psu Equity Fund	Aditya Birla Sun Life Mutual Fund	Thematic	1.91%
53	ICICI Prudential ELSS Tax Saver Fund	ICICI Prudential Mutual Fund	Equity	1.88%
54	The Wealth Company Small Cap Fund	The Wealth Company Mutual Fund	Equity	1.87%
55	Kotak Business Cycle Fund	Kotak Mahindra Mutual Fund	Thematic	1.84%
56	Groww Banking & Financial Services Fund	Groww Mutual Fund	Thematic	1.81%
57	Groww Large Cap Fund	Groww Mutual Fund	Equity	1.81%
58	WhiteOak Capital Equity Savings Fund	WhiteOak Capital Mutual Fund	Hybrid	1.79%
59	Aditya Birla Sun Life Large Cap Fund	Aditya Birla Sun Life Mutual Fund	Equity	1.74%
60	ICICI Prudential Business Cycle Fund	ICICI Prudential Mutual Fund	Thematic	1.72%
61	CANARA ROBECO VALUE FUND	Canara Robeco Mutual Fund	Equity	1.69%
62	Groww Value Fund	Groww Mutual Fund	Equity	1.68%
63	Aditya Birla Sun Life Flexi Cap Fund	Aditya Birla Sun Life Mutual Fund	Equity	1.61%
64	DSP ELSS Tax Saver Fund	DSP Mutual Fund	Equity	1.54%
65	Invesco India Esg Integration Strategy Fund	Invesco Mutual Fund	Thematic	1.54%
66	Mirae Asset Flexi Cap Fund	Mirae Asset Mutual Fund	Equity	1.52%
67	Mirae Asset Balanced Advantage Fund	Mirae Asset Mutual Fund	Hybrid	1.5%
68	UTI Multi Cap Fund	UTI Mutual Fund	Equity	1.5%
69	Baroda BNP Paribas ESG Best-in-Class Strategy Fund	Baroda BNP Paribas Mutual Fund	Thematic	1.49%
70	Franklin India Opportunities Fund	Franklin Templeton Mutual Fund	Equity	1.49%
71	Baroda BNP Paribas Multi Cap Fund	Baroda BNP Paribas Mutual Fund	Equity	1.43%
72	ICICI Prudential Dividend Yield Equity Fund	ICICI Prudential Mutual Fund	Equity	1.42%
73	ICICI Prudential Rural Opportunities Fund	ICICI Prudential Mutual Fund	Thematic	1.4%
74	DSP Dynamic Asset Allocation Fund	DSP Mutual Fund	Hybrid	1.39%
75	Shriram Aggressive Hybrid Fund	Shriram Mutual Fund	Hybrid	1.38%
76	Shriram Multi Asset Allocation	Shriram Mutual Fund	Hybrid	1.38%
77	Aditya Birla Sun Life Consumption Fund	Aditya Birla Sun Life Mutual Fund	Thematic	1.35%
78	Axis Equity Savings Fund	Axis Mutual Fund	Hybrid	1.34%
79	WhiteOak Capital Banking & Financial Services Fund	WhiteOak Capital Mutual Fund	Thematic	1.33%
80	NJ Arbitrage Fund	NJ Mutual Fund	Hybrid	1.3%
81	Axis Multi Asset Allocation Fund	Axis Mutual Fund	Hybrid	1.29%
82	ICICI Prudential Exports and Services Fund	ICICI Prudential Mutual Fund	Thematic	1.29%
83	DSP Large & Mid Cap Fund	DSP Mutual Fund	Equity	1.27%
84	ICICI Prudential Flexicap Fund	ICICI Prudential Mutual Fund	Equity	1.24%
85	Aditya Birla Sun Life Value Fund	Aditya Birla Sun Life Mutual Fund	Equity	1.23%
86	Motilal Oswal Large Cap Fund	Motilal Oswal Mutual Fund	Equity	1.22%
87	TATA ELSS FUND	Tata Mutual Fund	Equity	1.21%
88	NIPPON INDIA LARGE CAP FUND	Nippon India Mutual Fund	Equity	1.17%
89	DSP Equity Savings Fund	DSP Mutual Fund	Hybrid	1.15%
90	ICICI Prudential Quant Fund	ICICI Prudential Mutual Fund	Equity	1.15%
91	Mirae Asset Multi Asset Allocation Fund	Mirae Asset Mutual Fund	Hybrid	1.13%
92	Mirae Asset Equity Savings Fund	Mirae Asset Mutual Fund	Hybrid	1.1%
93	Baroda BNP Paribas Balanced Advantage Fund	Baroda BNP Paribas Mutual Fund	Hybrid	1.09%
94	ICICI Prudential Equity & Debt Fund	ICICI Prudential Mutual Fund	Hybrid	1.09%
95	WhiteOak Capital Arbitrage Fund	WhiteOak Capital Mutual Fund	Hybrid	1.07%
96	Shriram Balanced Advantage Fund	Shriram Mutual Fund	Hybrid	1.06%
97	UTI - Large Cap Fund	UTI Mutual Fund	Equity	1.06%
98	UTI - Master Equity Plan Unit Scheme	UTI Mutual Fund	Equity	1.06%
99	Baroda BNP Paribas ELSS Tax Saver Fund	Baroda BNP Paribas Mutual Fund	Equity	1.03%
100	SBI Equity Minimum Variance Fund	SBI Mutual Fund	Equity	1.03%
101	Aditya Birla Sun Life Dividend Yield Fund	Aditya Birla Sun Life Mutual Fund	Equity	1.01%
102	Nippon India ELSS Tax Saver Fund	Nippon India Mutual Fund	Equity	1.01%
103	Mirae Asset Aggressive Hybrid Fund	Mirae Asset Mutual Fund	Hybrid	1%
104	Axis ESG Integration Strategy Fund	Axis Mutual Fund	Thematic	0.99%
105	CANARA ROBECO LARGE CAP FUND	Canara Robeco Mutual Fund	Equity	0.99%
106	ICICI Prudential Large Cap Fund	ICICI Prudential Mutual Fund	Equity	0.99%
107	ICICI Prudential Regular Savings Fund	ICICI Prudential Mutual Fund	Hybrid	0.98%
108	Aditya Birla Sun Life Balanced Advantage Fund	Aditya Birla Sun Life Mutual Fund	Hybrid	0.97%
109	HSBC Large Cap Fund	HSBC Mutual Fund	Equity	0.97%
110	HDFC Multi-Asset Allocation Fund	HDFC Mutual Fund	Hybrid	0.94%
111	HDFC Balanced Advantage Fund	HDFC Mutual Fund	Hybrid	0.93%
112	HDFC Hybrid Equity Fund	HDFC Mutual Fund	Hybrid	0.92%
113	Mirae Asset Large Cap Fund	Mirae Asset Mutual Fund	Equity	0.92%
114	DSP Business Cycle Fund	DSP Mutual Fund	Thematic	0.9%
115	Axis Balanced Advantage Fund	Axis Mutual Fund	Hybrid	0.88%
116	CANARA ROBECO EQUITY HYBRID FUND	Canara Robeco Mutual Fund	Hybrid	0.85%
117	Aditya Birla Sun Life Esg Integration Strategy Fund	Aditya Birla Sun Life Mutual Fund	Thematic	0.81%
118	DSP Multi Asset Allocation Fund	DSP Mutual Fund	Hybrid	0.78%
119	DSP Regular Savings Fund	DSP Mutual Fund	Hybrid	0.78%
120	Invesco India Contra Fund	Invesco Mutual Fund	Equity	0.76%
121	NIPPON INDIA BALANCED ADVANTAGE FUND	Nippon India Mutual Fund	Hybrid	0.76%
122	Axis Value Fund	Axis Mutual Fund	Equity	0.71%
123	ICICI Prudential Balanced Advantage Fund	ICICI Prudential Mutual Fund	Hybrid	0.71%
124	PGIM INDIA LARGE AND MIDCAP FUND	PGIM India Mutual Fund	Equity	0.71%
125	UTI Balanced Advantage Fund	UTI Mutual Fund	Hybrid	0.68%
126	HDFC Equity Savings Fund	HDFC Mutual Fund	Hybrid	0.66%
127	Mirae Asset Arbitrage Fund	Mirae Asset Mutual Fund	Hybrid	0.66%
128	Nippon India Aggressive Hybrid Fund	Nippon India Mutual Fund	Hybrid	0.65%
129	HDFC Innovation Fund	HDFC Mutual Fund	Thematic	0.63%
130	Parag Parikh Large Cap Fund	PPFAS Mutual Fund	Equity	0.61%
131	Axis Aggressive Hybrid Fund	Axis Mutual Fund	Hybrid	0.6%
132	HDFC Large and Mid Cap Fund	HDFC Mutual Fund	Equity	0.59%
133	HSBC Balanced Advantage Fund	HSBC Mutual Fund	Hybrid	0.52%
134	Mahindra Manulife Multi Asset Allocation Fund	Mahindra Manulife Mutual Fund	Hybrid	0.51%
135	Bajaj Finserv Multi Asset Allocation Fund	Bajaj Finserv Mutual Fund	Hybrid	0.5%
136	ICICI Prudential Multi-Asset Fund	ICICI Prudential Mutual Fund	Hybrid	0.49%
137	CANARA ROBECO FLEXICAP FUND	Canara Robeco Mutual Fund	Equity	0.47%
138	UTI Quant Fund	UTI Mutual Fund	Equity	0.47%
139	NIPPON INDIA MULTI CAP FUND	Nippon India Mutual Fund	Equity	0.46%
140	PGIM INDIA MULTI ASSET ALLOCATION FUND	PGIM India Mutual Fund	Hybrid	0.46%
141	Baroda BNP Paribas Conservative Hybrid Fund	Baroda BNP Paribas Mutual Fund	Hybrid	0.45%
142	Aditya Birla Sun Life Equity Hybrid '95 Fund	Aditya Birla Sun Life Mutual Fund	Hybrid	0.43%
143	Bajaj Finserv Balanced Advantage Fund	Bajaj Finserv Mutual Fund	Hybrid	0.43%
144	HDFC Hybrid Debt Fund	HDFC Mutual Fund	Hybrid	0.43%
145	Nippon India Flexi Cap Fund	Nippon India Mutual Fund	Equity	0.43%
146	Franklin India Arbitrage Fund	Franklin Templeton Mutual Fund	Hybrid	0.42%
147	Bajaj Finserv Arbitrage Fund	Bajaj Finserv Mutual Fund	Hybrid	0.4%
148	Mahindra Manulife Equity Savings Fund	Mahindra Manulife Mutual Fund	Hybrid	0.38%
149	Franklin India Equity Savings Fund	Franklin Templeton Mutual Fund	Hybrid	0.37%
150	Axis Business Cycles Fund	Axis Mutual Fund	Thematic	0.34%
151	ICICI Prudential Equity Savings Fund	ICICI Prudential Mutual Fund	Hybrid	0.34%
152	ICICI Prudential Large & Mid Cap Fund	ICICI Prudential Mutual Fund	Equity	0.31%
153	NIPPON INDIA ARBITRAGE FUND	Nippon India Mutual Fund	Hybrid	0.27%
154	UTI Multi Asset Allocation Fund	UTI Mutual Fund	Hybrid	0.27%
155	WhiteOak Capital Balanced Advantage Fund	WhiteOak Capital Mutual Fund	Hybrid	0.27%
156	Aditya Birla Sun Life Regular Savings Fund	Aditya Birla Sun Life Mutual Fund	Hybrid	0.25%
157	SBI Equity Savings Fund	SBI Mutual Fund	Hybrid	0.24%
158	JioBlackRock Sector Rotation Fund	Jio BlackRock Mutual Fund	Thematic	0.21%
159	HDFC Large Cap Fund	HDFC Mutual Fund	Equity	0.19%
160	Aditya Birla Sun Life Arbitrage Fund	Aditya Birla Sun Life Mutual Fund	Hybrid	0.18%
161	JM Arbitrage Fund	JM Financial Mutual Fund	Hybrid	0.17%
162	SBI Arbitrage Opportunities Fund	SBI Mutual Fund	Hybrid	0.15%
163	WhiteOak Capital Balanced Hybrid Fund	WhiteOak Capital Mutual Fund	Hybrid	0.15%
164	NJ Balanced Advantage Fund	NJ Mutual Fund	Hybrid	0.14%
165	PGIM INDIA EQUITY SAVINGS FUND	PGIM India Mutual Fund	Hybrid	0.13%
166	SBI Balanced Advantage Fund	SBI Mutual Fund	Hybrid	0.13%
167	Unifi Dynamic Asset Allocation Fund	Unifi Mutual Fund	Hybrid	0.11%
168	Aditya Birla Sun Life Equity Savings Fund	Aditya Birla Sun Life Mutual Fund	Hybrid	0.1%
169	Nippon India Conservative Hybrid Fund	Nippon India Mutual Fund	Hybrid	0.09%
170	HSBC Arbitrage Fund	HSBC Mutual Fund	Hybrid	0.08%
171	Old Bridge Arbitrage Fund	Old Bridge Mutual Fund	Hybrid	0.08%
172	DSP Arbitrage Fund	DSP Mutual Fund	Hybrid	0.07%
173	ICICI Prudential Arbitrage Fund	ICICI Prudential Mutual Fund	Hybrid	0.07%
174	Parag Parikh Dynamic Asset Allocation Fund	PPFAS Mutual Fund	Hybrid	0.06%
175	UTI - Equity Savings Fund	UTI Mutual Fund	Hybrid	0.06%
176	Axis Arbitrage Fund	Axis Mutual Fund	Hybrid	0.05%
177	WhiteOak Capital Multi Asset Allocation Fund	WhiteOak Capital Mutual Fund	Hybrid	0.05%
178	HDFC Arbitrage Fund	HDFC Mutual Fund	Hybrid	0.04%
179	Groww Multi Asset Allocation Fund	Groww Mutual Fund	Hybrid	0.02%
180	Parag Parikh Arbitrage Fund	PPFAS Mutual Fund	Hybrid	0.02%
181	Kotak Arbitrage Fund	Kotak Mahindra Mutual Fund	Hybrid	0%
182	Kotak Equity Savings Fund	Kotak Mahindra Mutual Fund	Hybrid	0%
183	Kotak Multi Asset Allocation Fund	Kotak Mahindra Mutual Fund	Hybrid	0%
184	TATA ARBITRAGE FUND	Tata Mutual Fund	Hybrid	0%
185	UTI - Arbitrage Fund	UTI Mutual Fund	Hybrid	0%
186	TATA EQUITY SAVINGS FUND	Tata Mutual Fund	Hybrid	-0.02%

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.