Which mutual funds hold Max Financial Services?
244 Direct Growth mutual fund schemes held Max Financial Services (Financial Services) at the end of Aug 2026, the same number as in Jul 2026. The largest position was in DSP Banking & Financial Services Fund, at 4.26% of the scheme.
- Schemes holding
- 244
- New entries
- 5
- Fully exited
- 6
- Increased
- 55
- Decreased
- 25
- Average weight
- 1.16%
By fund type: Equity 126 · Index 53 · Hybrid 48 · Other 17
What changed in Aug 2026
vs Jul 2026 · by number of sharesNew entries (5)
- Bandhan Multi-Factor Fund Sectoral / Thematic— → 1.98%
- ICICI Prudential Innovation Fund Sectoral / Thematic— → 1.17%
- Invesco India ELSS Tax Saver Fund ELSS (Tax Saver)— → 0.50%
- The Wealth Company Arbitrage Fund Arbitrage— → 0.42%
- Nippon India Vision Large & Mid Cap Fund Large & Mid Cap— → 0.17%
Fully exited (6)
- Sundaram Large and Midcap Fund Large & Mid Cap1.25%
- Edelweiss Small Cap Fund Small Cap1.18%
- SBI Flexicap Fund Flexi Cap1.00%
- SBI Midcap Fund Mid Cap0.62%
- Groww Multi Asset Allocation Fund Multi Asset Allocation0.52%
- ICICI Prudential Retirement Fund - Hybrid Aggressive Other0.40%
Increased (55)
- DSP Banking & Financial Services Fund Sectoral / Thematic4.18% → 4.26%
- Franklin India Large & Mid Cap Fund Large & Mid Cap2.85% → 3.68%
- Motilal Oswal Nifty MidSmall Financial Services Index Fund Equity Index3.60% → 3.56%
- DSP Multi Cap Fund Multi Cap2.71% → 3.31%
- WhiteOak Capital Mid Cap Fund Mid Cap3.11% → 3.11%
- Tata Mid Cap Fund Mid Cap2.72% → 3.03%
- Groww Value Fund Value1.10% → 2.68%
- LIC Mf Banking and Financial Services Fund Sectoral / Thematic1.78% → 2.58%
- Groww Multicap Fund Multi Cap1.74% → 2.41%
- Kotak Nifty Alpha Low Volatility 30 Index Fund Equity Index2.17% → 2.31%
- WhiteOak Capital Banking & Financial Services Fund Sectoral / Thematic1.85% → 2.06%
- UTI Mid Cap Fund Mid Cap1.88% → 1.97%
- Bank of India Midcap Tax Fund Series 2 ELSS (Tax Saver)1.24% → 1.79%
- Axis Nifty Midcap 50 Index Fund Equity Index1.71% → 1.76%
- Kotak Nifty Midcap 50 Index Fund Equity Index1.71% → 1.76%
- TRUSTMF Mid Cap Fund Mid Cap0.85% → 1.60%
- Baroda BNP Paribas Mid Cap Fund Mid Cap1.45% → 1.51%
- Invesco India Large & Mid Cap Fund Large & Mid Cap1.32% → 1.49%
- Nippon India Retirement Fund- Wealth Creation Scheme Other0.95% → 1.39%
- DSP Small Cap Fund Small Cap0.83% → 1.30%
- Tata Nifty Financial Services Index Fund Equity Index1.20% → 1.30%
- UTI Large & Mid Cap Fund Large & Mid Cap1.15% → 1.29%
- Bandhan Large & Mid Cap Fund Large & Mid Cap1.09% → 1.26%
- ITI Multi Cap Fund Multi Cap1.18% → 1.21%
- Edelweiss Nifty Midcap150 Momentum 50 Index Fund Equity Index1.17% → 1.19%
- SBI Nifty Midcap 150 Momentum 50 Etf Fof Other1.17% → 1.19%
- Kotak Nifty Midcap 150 Momentum 50 Index Fund Equity Index1.17% → 1.18%
- Tata Multi Asset Allocation Fund Multi Asset Allocation0.91% → 1.18%
- Tata Nifty Midcap 150 Index Fund Equity Index0.96% → 0.99%
- Groww Nifty Midcap 150 Index Fund Equity Index0.95% → 0.98%
- HDFC Nifty Midcap 150 Index Fund Equity Index0.95% → 0.98%
- Kotak Nifty Midcap 150 Index Fund Equity Index0.95% → 0.98%
- Nippon India Nifty Midcap 150 Index Fund Equity Index0.96% → 0.98%
- SBI Nifty Midcap 150 Index Fund Equity Index0.95% → 0.98%
- DSP Nifty Midcap 150 Index Fund Equity Index0.96% → 0.97%
- ICICI Prudential Nifty Midcap 150 Index Fund Equity Index0.95% → 0.97%
- UTI Nifty Midcap 150 Index Fund Equity Index0.95% → 0.97%
- Mahindra Manulife Aggressive Hybrid Fund Aggressive Hybrid0.74% → 0.96%
- ITI Flexi Cap Fund Flexi Cap0.85% → 0.86%
- WhiteOak Capital Arbitrage Fund Arbitrage0.62% → 0.70%
- Navi Nifty midsmallcap 400 Index Fund Equity Index0.63% → 0.64%
- Kotak Nifty Alpha 50 Index Fund Equity Index0.51% → 0.52%
- Bandhan Nifty Alpha 50 Index Fund Equity Index0.51% → 0.51%
- Zerodha Nifty MidSmallcap400 50:50 Index Fund Equity Index0.48% → 0.51%
- HDFC Nifty LargeMidcap 250 Index Fund Equity Index0.47% → 0.50%
- ICICI Prudential Nifty LargeMidcap 250 Index Fund Equity Index0.48% → 0.50%
- Zerodha Nifty LargeMidcap 250 Index Fund Equity Index0.48% → 0.50%
- Zerodha Life Cycle Fund 2041 Other0.37% → 0.39%
- Edelweiss Nifty LargeMidcap 250 Plus 8-13 yr G-Sec 70-30 Index Fund Debt Index0.33% → 0.35%
- Zerodha Nifty LargeMidcap250 Plus 8-13 Yr G-Sec 70:30 Index Fund Debt Index0.34% → 0.35%
- Zerodha Life Cycle Fund 2036 Other0.31% → 0.32%
- Axis Arbitrage Fund Arbitrage0.21% → 0.23%
- DSP Nifty 500 Index Fund Equity Index0.20% → 0.21%
- HDFC BSE 500 Index Fund Equity Index0.20% → 0.21%
- ICICI Prudential Nifty 500 Index Fund Equity Index0.20% → 0.21%
Decreased (25)
- Motilal Oswal BSE Financials ex Bank 30 Index Fund Equity Index2.33% → 2.42%
- Bandhan Nifty Alpha Low Volatility 30 Index Fund Equity Index2.19% → 2.32%
- Edelweiss Nifty Alpha Low Volatility 30 Index Fund Equity Index2.18% → 2.32%
- UTI Nifty Alpha Low-Volatility 30 Index Fund Equity Index2.18% → 2.32%
- Kotak Nifty Financial Services Ex-Bank Index Fund Equity Index2.21% → 2.30%
- Bandhan Financial Services Fund Sectoral / Thematic2.23% → 2.24%
- Baroda BNP Paribas ELSS Tax Saver Fund ELSS (Tax Saver)1.48% → 1.42%
- Baroda BNP Paribas Banking and Financial Services Fund Sectoral / Thematic1.54% → 1.37%
- JioBlackRock Nifty Midcap 150 Index Fund Equity Index0.95% → 0.98%
- Bandhan Nifty Midcap 150 Index Fund Equity Index0.95% → 0.97%
- WhiteOak Capital Flexi Cap Fund Flexi Cap0.97% → 0.94%
- Union Balanced Advantage Fund Balanced Advantage0.90% → 0.76%
- Union Flexi Cap Fund Flexi Cap0.83% → 0.64%
- JioBlackRock Flexi Cap Fund Flexi Cap0.62% → 0.56%
- Groww ELSS Tax Saver Fund ELSS (Tax Saver)0.86% → 0.52%
- Baroda BNP Paribas Equity Savings Fund Equity Savings0.51% → 0.51%
- Mirae Asset Arbitrage Fund Arbitrage0.66% → 0.49%
- UTI Multi Asset Allocation Fund Multi Asset Allocation0.47% → 0.49%
- Union Small Cap Fund Small Cap0.57% → 0.47%
- JioBlackRock Arbitrage Fund Arbitrage0.80% → 0.31%
- Invesco India Arbitrage Fund Arbitrage0.55% → 0.29%
- UTI Quant Fund Sectoral / Thematic0.28% → 0.26%
- HSBC Arbitrage Fund Arbitrage0.31% → 0.20%
- Aditya Birla Sun Life Arbitrage Fund Arbitrage0.22% → 0.17%
- JioBlackRock Sector Rotation Fund Sectoral / Thematic0.10% → 0.09%
Weight shown as last month → this month. Only the 1,622 schemes with portfolios for both months are compared.
All 244 schemes holding Max Financial Services
Sorted by weight in the scheme| # | Scheme | Category | Weight | Shares | This month |
|---|---|---|---|---|---|
| 1 | DSP Banking & Financial Services Fund DSP | Sectoral / Thematic | 4.26% | 5,90,807 | Increased |
| 2 | HDFC | Mid Cap | 3.79% | 2,61,14,231 | Unchanged |
| 3 | Franklin India Large & Mid Cap Fund Franklin Templeton | Large & Mid Cap | 3.68% | 8,46,320 | Increased |
| 4 | Motilal Oswal Nifty MidSmall Financial Services Index Fund Motilal Oswal | Equity Index | 3.56% | 28,301 | Increased |
| 5 | DSP Multi Cap Fund DSP | Multi Cap | 3.31% | 6,36,333 | Increased |
| 6 | WhiteOak Capital Mid Cap Fund WhiteOak Capital | Mid Cap | 3.11% | 14,79,379 | Increased |
| 7 | Invesco | Mid Cap | 3.07% | 31,01,480 | Unchanged |
| 8 | Tata Mid Cap Fund Tata | Mid Cap | 3.03% | 12,00,000 | Increased |
| 9 | Union Midcap Fund Union | Mid Cap | 2.82% | 3,59,693 | Unchanged |
| 10 | Mahindra Manulife Banking & Financial Services Fund Mahindra Manulife | Sectoral / Thematic | 2.76% | 83,800 | Unchanged |
| 11 | Canara Robeco Banking and Financials Services Fund Canara Robeco | Sectoral / Thematic | 2.71% | 1,13,000 | Unchanged |
| 12 | Groww Value Fund Groww | Value | 2.68% | 12,687 | Increased |
| 13 | Bank of India Mid Cap Fund Bank of India | Mid Cap | 2.65% | 1,29,182 | Unchanged |
| 14 | DSP Midcap Fund DSP | Mid Cap | 2.63% | 35,15,987 | Unchanged |
| 15 | Aditya Birla Sun Life Midcap Fund Aditya Birla Sun Life | Mid Cap | 2.60% | 11,51,200 | Unchanged |
| 16 | LIC Mf Banking and Financial Services Fund LIC | Sectoral / Thematic | 2.58% | 45,090 | Increased |
| 17 | Baroda BNP Paribas Health and Wellness Fund Baroda BNP Paribas | Sectoral / Thematic | 2.43% | 78,498 | Unchanged |
| 18 | Motilal Oswal BSE Financials ex Bank 30 Index Fund Motilal Oswal | Equity Index | 2.42% | 5,055 | Decreased |
| 19 | Groww Multicap Fund Groww | Multi Cap | 2.41% | 2,26,065 | Increased |
| 20 | Canara Robeco Mid Cap Fund Canara Robeco | Mid Cap | 2.33% | 7,75,309 | Unchanged |
| 21 | Bandhan Nifty Alpha Low Volatility 30 Index Fund Bandhan | Equity Index | 2.32% | 1,331 | Decreased |
| 22 | Edelweiss Nifty Alpha Low Volatility 30 Index Fund Edelweiss | Equity Index | 2.32% | 13,630 | Decreased |
| 23 | ICICI Prudential Nifty Alpha Low - Volatility 30 Etf Fof ICICI Prudential | Other | 2.32% | 2,33,392 | Unchanged |
| 24 | Nippon India | Equity Index | 2.32% | 1,90,452 | Unchanged |
| 25 | UTI Nifty Alpha Low-Volatility 30 Index Fund UTI | Equity Index | 2.32% | 10,298 | Decreased |
| 26 | Kotak Nifty Alpha Low Volatility 30 Index Fund Kotak Mahindra | Equity Index | 2.31% | 1,074 | Increased |
| 27 | Kotak Nifty Financial Services Ex-Bank Index Fund Kotak Mahindra | Equity Index | 2.30% | 14,489 | Decreased |
| 28 | Aditya Birla Sun Life Large & Mid Cap Fund Aditya Birla Sun Life | Large & Mid Cap | 2.29% | 8,73,898 | Unchanged |
| 29 | Bandhan Financial Services Fund Bandhan | Sectoral / Thematic | 2.24% | 1,60,082 | Decreased |
| 30 | Nippon India Banking & Financial Services Fund Nippon India | Sectoral / Thematic | 2.22% | 11,17,524 | Unchanged |
| 31 | Baroda BNP Paribas Large and Mid Cap Fund Baroda BNP Paribas | Large & Mid Cap | 2.19% | 2,61,000 | Unchanged |
| 32 | Bank of India Banking & Financial Services Fund Bank of India | Sectoral / Thematic | 2.16% | 37,500 | Unchanged |
| 33 | Union Large & Midcap Fund Union | Large & Mid Cap | 2.16% | 1,39,600 | Unchanged |
| 34 | Whiteoak Capital Large & Mid Cap Fund WhiteOak Capital | Large & Mid Cap | 2.14% | 3,42,936 | Unchanged |
| 35 | DSP Flexi Cap Fund DSP | Flexi Cap | 2.11% | 16,72,846 | Unchanged |
| 36 | WhiteOak Capital Banking & Financial Services Fund WhiteOak Capital | Sectoral / Thematic | 2.06% | 87,008 | Increased |
| 37 | Mahindra Manulife | Mid Cap | 2.05% | 7,06,061 | Unchanged |
| 38 | DSP | ELSS (Tax Saver) | 2.04% | 21,60,559 | Unchanged |
| 39 | Bandhan Multi-Factor Fund Bandhan | Sectoral / Thematic | 1.98% | 81,256 | New entry |
| 40 | Baroda BNP Paribas Innovation Fund Baroda BNP Paribas | Sectoral / Thematic | 1.98% | 1,15,615 | Unchanged |
Explore Max Financial Services changes →What funds bought and sold this month →All stocks A–Z →
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Book a free 30-min call →Data: each AMC’s SEBI-mandated monthly portfolio disclosure, Aug 2026 (compared with Jul 2026). Holdings change after month-end. Direct Plan – Growth schemes only; one row per scheme. Changes are measured by number of shares or units, not portfolio weight. Not investment advice, and not a recommendation to buy, sell or hold any security or scheme. Mutual fund investments are subject to market risks, read all scheme related documents carefully.