Stocks Mutual Funds Bought and Sold: January 2026 Portfolios
Portfolios as of 31 Jan 2026, compared with 31 Dec 2025. Mutual funds disclose month-end portfolios within about ten days of month end, so this is the January 2026 disclosure, not today's trading.
In the January 2026 portfolios (as of 31 Jan 2026), mutual funds added the most, by value, to HDFC Bank (₹7,763 Cr, 211 schemes added), ICICI Bank (₹4,791 Cr, 221 schemes added) and Biocon (₹3,422 Cr, 75 schemes added). The largest net reductions were in MCX, Bajaj Finance and Polycab. Across the 1,278 stocks the 1,035 compared schemes held at either month end, holdings rose in 676, fell in 482 and were unchanged in 120, against December 2025.
This report describes changes in disclosed mutual fund portfolios. It is not investment advice and not a recommendation to buy, sell or hold any security; funds add and cut positions for many reasons, including inflows, redemptions and index changes. Tapetide is not a SEBI-registered research analyst or investment adviser.
- Stocks held
- 1,278
- by 1,035 compared schemes
- Holdings rose / fell
- 676 / 482
- 120 unchanged
- Net value added
- +₹41,729 Cr
- ₹80,568 Cr added, ₹38,839 Cr cut
- New entries / exits
- 6 / 6
- vs December 2025
Shares added were worth ₹80,568 Cr and shares cut ₹38,839 Cr at the 30 Jan 2026 close, a net +₹41,729 Cr. Values cover the 1,261 of 1,278 stocks with a closing price that day.
Most bought and sold by value
Most bought (top 15)
Net shares added across the 1,035 compared schemes, December 2025 to January 2026, at the month-end close.
| Stock | Value change | Shares | Adding | Cutting |
|---|---|---|---|---|
| HDFC Bank HDFCBANK · Large cap | +₹7,763 Cr | +3.7% | 211 | 124 |
| ICICI Bank ICICIBANK · Large cap | +₹4,791 Cr | +2.7% | 221 | 116 |
| Biocon BIOCON · Mid cap | +₹3,422 Cr | +60.4% | 75 | 15 |
| Kotak Bank KOTAKBANK · Large cap | +₹2,620 Cr | +4.4% | 169 | 56 |
| Indusind Bank INDUSINDBK · Mid cap | +₹2,005 Cr | +14.9% | 99 | 33 |
| Swiggy SWIGGY · Mid cap | +₹1,681 Cr | +11.5% | 82 | 45 |
| ITC ITC · Large cap | +₹1,612 Cr | +3.9% | 135 | 105 |
| Interglobe Aviation INDIGO · Large cap | +₹1,542 Cr | +5.2% | 144 | 60 |
| Coal India COALINDIA · Large cap | +₹1,467 Cr | +9.7% | 94 | 43 |
| HDFC Life Insurance HDFCLIFE · Large cap | +₹1,417 Cr | +8.5% | 96 | 36 |
| BSE BSE · Large cap | +₹1,121 Cr | +9.6% | 75 | 34 |
| Amagi Media Labs AMAGI · Small cap | +₹1,119 Cr | New | 41 | 0 |
| Cholamandalam Investment CHOLAFIN · Large cap | +₹1,104 Cr | +6.5% | 86 | 35 |
| Mahindra & Mahindra M&M · Large cap | +₹1,008 Cr | +2.1% | 157 | 80 |
| Power Grid POWERGRID · Large cap | +₹986 Cr | +4.9% | 107 | 26 |
Most sold (top 15)
Net shares cut across the same schemes, valued the same way.
| Stock | Value change | Shares | Adding | Cutting |
|---|---|---|---|---|
| MCX MCX · Mid cap | −₹2,055 Cr | −9.6% | 71 | 88 |
| Bajaj Finance BAJFINANCE · Large cap | −₹1,991 Cr | −5.6% | 132 | 90 |
| Polycab POLYCAB · Large cap | −₹1,913 Cr | −26.6% | 56 | 47 |
| Cummins CUMMINSIND · Large cap | −₹1,518 Cr | −9.9% | 68 | 97 |
| Infosys INFY · Large cap | −₹1,449 Cr | −1.4% | 146 | 98 |
| Reliance RELIANCE · Large cap | −₹1,103 Cr | −1.0% | 164 | 111 |
| Hindalco Industries HINDALCO · Large cap | −₹1,018 Cr | −5.0% | 98 | 70 |
| BPCL BPCL · Large cap | −₹953 Cr | −7.1% | 69 | 55 |
| Bharti Airtel BHARTIARTL · Large cap | −₹922 Cr | −1.0% | 144 | 121 |
| Vedanta VEDL · Large cap | −₹905 Cr | −5.3% | 102 | 63 |
| HCL Tech HCLTECH · Large cap | −₹805 Cr | −2.7% | 101 | 58 |
| Jio Financial JIOFIN · Large cap | −₹771 Cr | −14.4% | 65 | 24 |
| Divis Laboratories DIVISLAB · Large cap | −₹753 Cr | −3.8% | 79 | 35 |
| Cipla CIPLA · Large cap | −₹726 Cr | −4.2% | 88 | 88 |
| GE Vernova T&D GVT&D · Mid cap | −₹722 Cr | −4.3% | 67 | 76 |
Most schemes adding and cutting
Most schemes adding (top 15)
Schemes, out of 1,035, that raised their holding or opened a new one.
| Stock | Value change | Shares | Adding | Cutting |
|---|---|---|---|---|
| ICICI Bank ICICIBANK · Large cap | +₹4,791 Cr | +2.7% | 221 | 116 |
| HDFC Bank HDFCBANK · Large cap | +₹7,763 Cr | +3.7% | 211 | 124 |
| Eternal ETERNAL · Large cap | +₹776 Cr | +1.5% | 191 | 68 |
| Axis Bank AXISBANK · Large cap | +₹289 Cr | +0.3% | 173 | 90 |
| Kotak Bank KOTAKBANK · Large cap | +₹2,620 Cr | +4.4% | 169 | 56 |
| SBI SBIN · Large cap | −₹204 Cr | −0.2% | 164 | 109 |
| Reliance RELIANCE · Large cap | −₹1,103 Cr | −1.0% | 164 | 111 |
| Mahindra & Mahindra M&M · Large cap | +₹1,008 Cr | +2.1% | 157 | 80 |
| L&T LT · Large cap | +₹645 Cr | +0.8% | 157 | 87 |
| NTPC NTPC · Large cap | +₹306 Cr | +0.7% | 153 | 43 |
| Maruti MARUTI · Large cap | +₹557 Cr | +1.1% | 147 | 111 |
| Infosys INFY · Large cap | −₹1,449 Cr | −1.4% | 146 | 98 |
| Interglobe Aviation INDIGO · Large cap | +₹1,542 Cr | +5.2% | 144 | 60 |
| Bharti Airtel BHARTIARTL · Large cap | −₹922 Cr | −1.0% | 144 | 121 |
| UltraTech Cement ULTRACEMCO · Large cap | +₹593 Cr | +2.4% | 143 | 49 |
Most schemes cutting (top 15)
Schemes, out of 1,035, that lowered their holding or exited.
| Stock | Value change | Shares | Adding | Cutting |
|---|---|---|---|---|
| HDFC Bank HDFCBANK · Large cap | +₹7,763 Cr | +3.7% | 211 | 124 |
| Bharti Airtel BHARTIARTL · Large cap | −₹922 Cr | −1.0% | 144 | 121 |
| ICICI Bank ICICIBANK · Large cap | +₹4,791 Cr | +2.7% | 221 | 116 |
| Reliance RELIANCE · Large cap | −₹1,103 Cr | −1.0% | 164 | 111 |
| Maruti MARUTI · Large cap | +₹557 Cr | +1.1% | 147 | 111 |
| SBI SBIN · Large cap | −₹204 Cr | −0.2% | 164 | 109 |
| ITC ITC · Large cap | +₹1,612 Cr | +3.9% | 135 | 105 |
| Infosys INFY · Large cap | −₹1,449 Cr | −1.4% | 146 | 98 |
| Cummins CUMMINSIND · Large cap | −₹1,518 Cr | −9.9% | 68 | 97 |
| TCS TCS · Large cap | +₹112 Cr | +0.3% | 114 | 93 |
| Bajaj Finance BAJFINANCE · Large cap | −₹1,991 Cr | −5.6% | 132 | 90 |
| Axis Bank AXISBANK · Large cap | +₹289 Cr | +0.3% | 173 | 90 |
| MCX MCX · Mid cap | −₹2,055 Cr | −9.6% | 71 | 88 |
| Cipla CIPLA · Large cap | −₹726 Cr | −4.2% | 88 | 88 |
| L&T LT · Large cap | +₹645 Cr | +0.8% | 157 | 87 |
Large, mid and small caps
100 large cap, 149 mid cap, 1,017 small cap and 12 unclassified stocks: 1,278 in all. Buckets rank stocks by full market cap on 30 Jan 2026: 1 to 100 large, 101 to 250 mid, 251 and below small.
| Bucket | Stocks | Rose | Fell | Same | Net |
|---|---|---|---|---|---|
| Large cap | 100 | 59 | 41 | 0 | +₹18,448.50 Cr |
| Mid cap | 149 | 100 | 48 | 1 | +₹16,058.97 Cr |
| Small cap | 1,017 | 514 | 390 | 113 | +₹7,355.70 Cr |
| Unclassified | 12 | 3 | 3 | 6 | −₹134.14 Cr |
| All stocks | 1,278 | 676 | 482 | 120 | +₹41,729.03 Cr |
Small caps mutual funds bought and sold
Small caps most bought (top 15)
Of the 1,017 small caps held, ranked by net value added.
| Stock | Value change | Shares | Adding | Cutting |
|---|---|---|---|---|
| Amagi Media Labs AMAGI · Small cap | +₹1,119 Cr | New | 41 | 0 |
| Shadowfax Technologies SHADOWFAX · Small cap | +₹608 Cr | New | 20 | 0 |
| Aavas Financiers AAVAS · Small cap | +₹480 Cr | +43.4% | 31 | 5 |
| RBL Bank RBLBANK · Small cap | +₹429 Cr | +9.3% | 58 | 16 |
| PNB Housing Finance PNBHOUSING · Small cap | +₹389 Cr | +7.3% | 56 | 11 |
| IndiGrid Infrastructure Trust INDIGRID · Small cap | +₹369 Cr | +126.1% | 14 | 0 |
| Jubilant FoodWorks JUBLFOOD · Small cap | +₹328 Cr | +3.6% | 65 | 29 |
| Cholamandalam Financial Holdings CHOLAHLDNG · Small cap | +₹312 Cr | +4.8% | 43 | 14 |
| Bharat Coking Coal BHARATCOAL · Small cap | +₹281 Cr | New | 7 | 0 |
| Aditya Birla Lifestyle Brands ABLBL · Small cap | +₹274 Cr | +19.8% | 26 | 5 |
| Manappuram Finance MANAPPURAM · Small cap | +₹217 Cr | +16.1% | 51 | 25 |
| Mastek MASTEK · Small cap | +₹202 Cr | +36.0% | 7 | 1 |
| Cyient CYIENT · Small cap | +₹174 Cr | +4.3% | 39 | 7 |
| Triveni Turbine TRITURBINE · Small cap | +₹170 Cr | +8.0% | 37 | 13 |
| Amber Enterprises AMBER · Small cap | +₹140 Cr | +3.8% | 54 | 14 |
Small caps most sold (top 15)
Ranked by net value cut.
| Stock | Value change | Shares | Adding | Cutting |
|---|---|---|---|---|
| Indian Energy Exchange IEX · Small cap | −₹444 Cr | −15.7% | 32 | 22 |
| Kaynes Technology India KAYNES · Small cap | −₹275 Cr | −8.8% | 33 | 27 |
| Karur Vysya Bank KARURVYSYA · Small cap | −₹223 Cr | −2.4% | 47 | 33 |
| eClerx Services ECLERX · Small cap | −₹209 Cr | −4.0% | 32 | 38 |
| Star Health Insurance STARHEALTH · Small cap | −₹200 Cr | −5.6% | 25 | 9 |
| Lemon Tree Hotels LEMONTREE · Small cap | −₹193 Cr | −10.3% | 24 | 20 |
| IIFL Finance IIFL · Small cap | −₹193 Cr | −17.9% | 34 | 18 |
| Mangalore Refinery & Petroleum MRPL · Small cap | −₹161 Cr | −70.3% | 24 | 9 |
| Home First Finance Company HOMEFIRST · Small cap | −₹147 Cr | −5.5% | 32 | 19 |
| Canara HSBC Life Insurance Company CANHLIFE · Small cap | −₹146 Cr | −6.0% | 10 | 14 |
| Delhivery DELHIVERY · Small cap | −₹142 Cr | −1.4% | 42 | 15 |
| Godfrey Phillips GODFRYPHLP · Small cap | −₹130 Cr | −11.1% | 41 | 23 |
| Anand Rathi Wealth ANANDRATHI · Small cap | −₹130 Cr | −6.0% | 31 | 18 |
| IndiaMART InterMesh INDIAMART · Small cap | −₹128 Cr | −6.7% | 31 | 9 |
| Rain Industries RAIN · Small cap | −₹122 Cr | −57.3% | 5 | 5 |
New entries and full exits
6 stocks were held by none of the compared schemes at the end of December 2025 and by at least one at the end of January 2026; 6 went the other way. New listings and IPO allotments show up as new entries.
New entries (6)
Largest first, by value at the month-end close.
| Stock | Value change | Shares | Adding | Cutting |
|---|---|---|---|---|
| Amagi Media Labs AMAGI · Small cap | +₹1,119 Cr | New | 41 | 0 |
| Shadowfax Technologies SHADOWFAX · Small cap | +₹608 Cr | New | 20 | 0 |
| Bharat Coking Coal BHARATCOAL · Small cap | +₹281 Cr | New | 7 | 0 |
| Indo Borax & Chemicals INDOBORAX · Small cap | +₹2 Cr | New | 1 | 0 |
| S Chand & Company SCHAND · Small cap | +₹1 Cr | New | 1 | 0 |
| Swan Defence & Heavy Industries SWANDEF · Unclassified | — | New | 1 | 0 |
Full exits (6)
Largest previous holding first.
| Stock | Value change | Shares | Adding | Cutting |
|---|---|---|---|---|
| TV Today Network TVTODAY · Small cap | −₹22 Cr | Exited | 0 | 1 |
| Jaro Inst of Tech Mgmt & Research JARO · Small cap | −₹5 Cr | Exited | 0 | 5 |
| Nahar Spinning Mills NAHARSPING · Small cap | −₹3 Cr | Exited | 0 | 1 |
| Sparkle Gold Rock SREEJAYALAKSHMIAUTOSPINLTD · Small cap | ₹0 Cr | Exited | 0 | 1 |
| Kernex Microsystems KERNEX · Small cap | ₹0 Cr | Exited | 0 | 1 |
| Foseco Crucible MORGANITECRUCIBLEINDIALTD · Small cap | ₹0 Cr | Exited | 0 | 1 |
Methodology
- Disclosure month: January 2026. Each fund's portfolio is its holding on 31 Jan 2026, published by the fund within about ten days of month end. It is compared with the 31 Dec 2025 portfolio. Data for this month was complete on our side by 27 Oct 2026.
- Schemes compared: 1,035 of the 1,038 equity-holding schemes that disclosed this month; the other 3 had no December 2025 portfolio on record to compare with, so they are left out rather than counted as buying everything. 36 arbitrage schemes are excluded because their stock positions are hedged with futures and roll every month. One plan per scheme is counted.
- Holdings are summed across the compared schemes for each stock. A stock is counted as bought when that total rose, sold when it fell and unchanged when it did not move. Listed shares, REITs and InvITs are included; ETF and fund units are not.
- Value change is the net change in shares times the closing price on 30 Jan 2026, so a price move alone never counts as buying or selling.
- Splits and bonuses between the two month ends are taken out of the share counts, so a split never reads as buying. When the funds' share counts do not match the filed ratio, the stock is left out (none this month).
- Schemes adding counts schemes that raised their share count, including new positions; schemes cutting counts those that lowered it, including full exits.