Mutual Funds Raise Stakes in 203 BSE 500 Companies in September Quarter

Key Takeaways:

• Mutual funds increased their holdings in 203 companies among 351 BSE 500 constituents covered by the available September-quarter data. 
• The analysis compares September 2026 holdings with the June 2026 quarter. 
• Several companies recording higher mutual fund ownership had also posted large share-price gains during FY27. 

Domestic mutual funds increased their stakes in more than half of the BSE 500 companies for which September-quarter shareholding information had become available at the time of a recent analysis. 

Of the 351 BSE 500 companies that had reported September 2026 shareholding patterns, mutual fund increased ownership in 203 companies compared with the June quarter, according to an Economic Times analysis based on ACE Equity data. 

The figure provides a broad snapshot of changes in institutional portfolios during the second quarter of FY27 rather than a complete reading of all 500 index constituents, since shareholding disclosures for the remaining companies were not yet part of the dataset. 

Among companies where mutual fund stakes increased, 47 had gained more than 30% during FY27 up to the date of the study. 

Cemindia Projects was one of the larger examples highlighted in the analysis. Mutual fund ownership increased from 2.31% in the June quarter to 3.93% in September, while the company's shares had risen sharply during FY27. 

Aditya Infotech saw mutual fund ownership rise from 11.73% to 13.57%, while the holding in Aegis Logistics increased from 3.29% to 3.59%. 

A rise in aggregate mutual fund ownership can result from purchases across several schemes and fund houses. It does not necessarily represent a coordinated industry view on an individual company. 

Quarterly shareholding patterns nevertheless provide a useful factual record of how institutional ownership changes over time. 

The September data also builds on an earlier snapshot from the reporting season. When only 68 BSE 500 companies had disclosed their September-quarter holdings, mutual funds had raised stakes in about 44 of them. As more companies reported, the available universe expanded substantially. 

With 351 companies included in the later dataset, the figure of 203 companies with higher mutual fund ownership offers a broader picture of portfolio activity during the quarter, although it remains subject to change as the complete set of BSE 500 shareholding disclosures becomes available.