MF portfolio changes — India's 13F.
What the big AMCs — SBI MF, HDFC MF, Nippon India, ICICI Pru — added, exited, scaled up, or reduced month-over-month. The closest thing India has to US 13F filings: a month-lag disclosure of institutional positioning. Compiled from AMFI scheme factsheets published the first week of every month.
AMFI + AMC monthly factsheets · as of Refreshed early each month after factsheet publication (~7th). Curated reference — verify against the authoritative source before making any investment decision. Refreshed periodically, not continuously.
Sources: AMFI factsheets · SEBI scheme disclosures
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How to read MF changes
- • New entry — AMC added a stock it didn't hold last month. Strongest conviction signal — fund manager actively picked it.
- • Exit — AMC sold out fully. Reasons vary: thesis change, forced redemption, breach of mandate rules.
- • Added — existing holding scaled up by more than a routine inflow allocation. Typically > 10% shareholder increase.
- • Reduced — existing holding trimmed. Distinguish "reducing a winner on valuation" from "cutting a loser".
Why this matters for retail
Indian MF portfolio moves are a delayed signal (1-month lag) but a conviction-weighted one. Unlike retail, MFs don't trade on news — they take positions with 6-12 month theses. When 3+ AMCs add the same stock in the same month, that's a confluence of professional diligence. Flip side: watch for "crowded" holdings. When every major AMC is heavily overweight the same name, an unexpected negative event causes a stampede (HUL 2022, Paytm 2024).
Pair with institutional flows
Research tool · not investment advice.
Axel Markets is an information + analytics product. We are not a SEBI-registered Research Analyst (RA) or Investment Adviser (IA). Nothing on this page is a buy, sell, or hold recommendation. Past performance is not indicative of future returns. Verify all data against the authoritative source (NSE, BSE, AMFI, SEBI, company RHP / factsheet) before acting. Portfolio changes are month-lagged by AMFI factsheet publication. Use for directional research, not real-time trading. Holdings are point-in-time snapshots — the AMC may have sold and re-bought within the month.