MAX FINANCIAL SERV LTD
Last close
₹1,559.00
18 Sep 2026 · +1.4% over the year
Held by
244funds
latest disclosure month
Average weight per holder
1.2%
Σ across holders 293.0% · -79.56% over 3 months
Days to exit
700
aggregate MF position at 20% of average daily volume
Who holds it
every fund's latest position, when it first appeared, and the price then against now · 281 rows: 244 holders and recent exits
| Fund | Weight | Since | Entry close | Now vs entry | 3-mo change | Action |
|---|---|---|---|---|---|---|
| Aditya Birla Sun Life Retirement Fund-The 40s Plan Retirement · held 2.7 yrs | 1.22% | Jan 2024 | ₹890.30 | +75% | -0.13% | held |
| Aditya Birla Sun Life Retirement Fund-The 50s Plan Retirement · held 2.7 yrs | 0.85% | Jan 2024 | ₹890.30 | +75% | -0.07% | held |
| LIC MF Equity Savings Fund Equity Savings · held 7 mo | 0.81% | Jan 2024 | ₹890.30 | +75% | -0.14% | held |
| LIC MF Nifty Midcap 100 ETF Other ETFs · held 2.6 yrs | 1.19% | Feb 2024 | ₹969.70 | +61% | -0.14% | trimmed |
| WhiteOak Capital ELSS Tax Saver Fund ELSS · held 2.5 yrs | 1.03% | Feb 2024 | ₹969.70 | +61% | -0.19% | held |
| WhiteOak Capital Banking & Financial Services Fund Sectoral/ Thematic · held 2.4 yrs | 2.06% | Mar 2024 | ₹1,002.20 | +56% | -0.04% | added |
| WhiteOak Capital Large Cap Fund Large Cap · held 2.4 yrs | 0.97% | Mar 2024 | ₹1,002.20 | +56% | +0.11% | added |
| WhiteOak Capital Flexi Cap Fund Flexi Cap · held 2.4 yrs | 0.94% | Mar 2024 | ₹1,002.20 | +56% | -0.06% | added |
| ICICI Prudential Nifty LargeMidcap 250 Index Fund Index Funds · held 2.5 yrs | 0.50% | Mar 2024 | ₹1,002.20 | +56% | -0.08% | added |
| WhiteOak Capital Multi Asset Allocation Fund Multi Asset Allocation · held 2.3 yrs | 0.24% | Mar 2024 | ₹1,002.20 | +56% | 0.00% | added |
| Baroda BNP Paribas Innovation Fund Sectoral/ Thematic · held 2.4 yrs | 1.98% | Apr 2024 | ₹1,010.90 | +54% | +0.06% | added |
| Baroda BNP Paribas ELSS Tax Saver Fund ELSS · held 2.4 yrs | 1.42% | Apr 2024 | ₹1,010.90 | +54% | -0.30% | trimmed |
| HDFC Large & Mid Cap Fund Large & Mid Cap · held 2.3 yrs | 1.30% | Apr 2024 | ₹1,010.90 | +54% | -0.16% | held |
| Aditya Birla Sun Life ELSS Tax Saver Fund ELSS · held 2.4 yrs | 1.02% | Apr 2024 | ₹1,010.90 | +54% | -0.09% | held |
| BANDHAN INNOVATION FUND Sectoral/ Thematic · held 2.3 yrs | 0.78% | Apr 2024 | ₹1,010.90 | +54% | -0.19% | added |
| HDFC Multi Cap Fund Multi Cap · held 2.4 yrs | 0.76% | Apr 2024 | ₹1,010.90 | +54% | -0.09% | held |
| HDFC Equity Savings Fund Equity Savings · held 2.3 yrs | 0.55% | Apr 2024 | ₹1,010.90 | +54% | 0.00% | held |
| Baroda BNP Paribas Equity Savings Fund Equity Savings · held 2.4 yrs | 0.51% | Apr 2024 | ₹1,010.90 | +54% | -0.08% | trimmed |
| WhiteOak Capital Balanced Advantage Fund Dynamic Asset Allocation or Balanced Advantage · held 2.4 yrs | 0.51% | Apr 2024 | ₹1,010.90 | +54% | -0.07% | held |
| WhiteOak Capital Balanced Hybrid Fund Balanced Hybrid · held 2.4 yrs | 0.41% | Apr 2024 | ₹1,010.90 | +54% | -0.06% | held |
| HDFC Arbitrage Fund Arbitrage · held 2.1 yrs | 0.22% | Apr 2024 | ₹1,010.90 | +54% | +0.04% | added |
| Baroda BNP Paribas Multi Cap Fund Multi Cap · held 1.7 yrs | 1.17% | May 2024 | ₹918.15 | +70% | +0.17% | added |
| ADITYA BIRLA SUN LIFE BAL BHAVISHYA YOJNA Children's · held 2.3 yrs | 1.06% | May 2024 | ₹918.15 | +70% | -0.14% | held |
| Baroda BNP Paribas Retirement Fund Retirement · held 2.3 yrs | 0.96% | May 2024 | ₹918.15 | +70% | -0.11% | held |
| Aditya Birla Sun Life Multi Asset Allocation Fund Multi Asset Allocation · held 2.3 yrs | 0.47% | May 2024 | ₹918.15 | +70% | -0.09% | held |
| BANDHAN MULTI ASSET ALLOCATION FUND Multi Asset Allocation · held 2.2 yrs | 0.23% | May 2024 | ₹918.15 | +70% | -0.04% | held |
| Aditya Birla Sun Life Conservative Hybrid Fund Conservative Hybrid · held 2.3 yrs | 0.22% | May 2024 | ₹918.15 | +70% | -0.02% | held |
| HDFC BSE 500 ETF Other ETFs · held 2.3 yrs | 0.21% | Jun 2024 | ₹971.70 | +60% | -0.02% | added |
| Bajaj Finserv Arbitrage Fund Arbitrage · held 6 mo | 0.17% | Jun 2024 | ₹971.70 | +60% | +0.17% | entered |
| WhiteOak Capital Special Opportunities Fund Sectoral/ Thematic · held 1.7 yrs | 0 | Jun 2024 | ₹971.70 | +60% | — | exited May 2026 |
| Union Midcap Fund Mid Cap · held 2.2 yrs | 2.82% | Jul 2024 | ₹1,112.00 | +40% | -0.47% | added |
| Motilal Oswal BSE Financials ex Bank 30 Index Fund Index Funds · held 2.1 yrs | 2.33% | Jul 2024 | ₹1,112.00 | +40% | -0.45% | trimmed |
| Baroda BNP Paribas Large and Mid Cap fund Large & Mid Cap · held 2.2 yrs | 2.19% | Jul 2024 | ₹1,112.00 | +40% | -0.20% | added |
| Union Large & Midcap Fund Large & Mid Cap · held 2.2 yrs | 2.16% | Jul 2024 | ₹1,112.00 | +40% | -0.35% | held |
| Canara Robeco Multi Cap Fund Multi Cap · held 2.2 yrs | 0.95% | Jul 2024 | ₹1,112.00 | +40% | -0.20% | held |
| Union Balanced Advantage Fund Dynamic Asset Allocation or Balanced Advantage · held 2.2 yrs | 0.76% | Jul 2024 | ₹1,112.00 | +40% | -0.64% | trimmed |
| BARODA BNP PARIBAS CONSERVATIVE HYBRID FUND Conservative Hybrid · held 2.2 yrs | 0.40% | Jul 2024 | ₹1,112.00 | +40% | +0.14% | added |
| Axis Nifty 500 Index Fund Equity Funds · held 2.2 yrs | 0.21% | Jul 2024 | ₹1,112.00 | +40% | -0.02% | added |
| Navi Large & Midcap Fund Large & Mid Cap · held 1.0 yrs | 0 | Jul 2024 | ₹1,112.00 | +40% | — | exited Jun 2026 |
| ICICI Prudential Innovation Fund Sectoral/ Thematic · held 10 mo | 1.17% | Aug 2024 | ₹1,074.85 | +45% | +1.17% | entered |
| Navi Nifty 500 Multicap 50 25 25 Index Fund Index Funds · held 2.1 yrs | 0.25% | Aug 2024 | ₹1,074.85 | +45% | -0.03% | held |
| Mirae Asset Nifty500 Multicap 50 25 25 ETF Equity ETF · held 2.1 yrs | 0.25% | Aug 2024 | ₹1,074.85 | +45% | -0.03% | trimmed |
| BANDHAN NIFTY TOTAL MARKET INDEX FUND Index Funds · held 2.1 yrs | 0.20% | Aug 2024 | ₹1,074.85 | +45% | -0.02% | trimmed |
| Union Largecap Fund Large Cap · held 2.0 yrs | 1.39% | Sep 2024 | ₹1,191.00 | +31% | -0.09% | held |
| Union Multicap Fund Multi Cap · held 2.0 yrs | 1.05% | Sep 2024 | ₹1,191.00 | +31% | -0.87% | trimmed |
| Bandhan Nifty Midcap 150 Index Fund Index Funds · held 2.0 yrs | 0.97% | Sep 2024 | ₹1,191.00 | +31% | -0.13% | trimmed |
| ITI Flexi Cap Fund Flexi Cap · held 2.0 yrs | 0.86% | Sep 2024 | ₹1,191.00 | +31% | -0.20% | added |
| Union Multi Asset Allocation Fund Multi Asset Allocation · held 2.0 yrs | 0.74% | Sep 2024 | ₹1,191.00 | +31% | -0.37% | trimmed |
| SBI Nifty 500 Index Fund Index Funds · held 2.0 yrs | 0.21% | Sep 2024 | ₹1,191.00 | +31% | -0.02% | trimmed |
| Nippon India Nifty 500 Equal Weight Index Fund Index Funds · held 2.0 yrs | 0.19% | Sep 2024 | ₹1,191.00 | +31% | -0.01% | added |
A holder disclosed the stock in the latest month or the one before; an exit is listed for three disclosures. Entry close is the split- and bonus-adjusted close at the end of the month the fund first disclosed the position; “now vs entry” is price only, not the fund's return on the position. Estimated cost basis per fund from monthly unit deltas is not computed in this build.
Three-month flow
−0.80 pp
net change in Σ fund weight over the last three disclosures (percentage points summed across funds) · 111 added or entered, 87 trimmed or exited
Crowding
244 funds hold it, at an average weight of 1.2% each (293.0% summed across holders). At a fifth of average daily volume (7,67,658 shares), the aggregate fund position would take about 700 trading days to exit.
Why this might matterThe curation backtest found consensus positions anti-correlated with forward upside: when everyone already owns it, the marginal buyer is gone, and a crowded exit moves the price against every seller at once.
Why it might notBreadth of ownership is also what a large, liquid, well-run company looks like. Crowding measures how many funds agree, not whether they are right; MF ownership as a share of the company needs issue size, which is not loaded.
Who moved last quarter
the three-month flow, fund by fund — largest move first
Entered: funds that did not hold it three disclosures ago and do now.
| Fund | 3-mo change | Weight now | Since | Now vs entry |
|---|---|---|---|---|
| ICICI Prudential BSE Insurance ETF Other ETFs | +13.58% | 13.58% | Aug 2026 | −1% |
| Bandhan Multi-Factor Fund Sectoral/ Thematic | +1.98% | 1.98% | Oct 2025 | +1% |
| Baroda BNP Paribas Services Fund Sectoral/ Thematic | +1.52% | 1.52% | Aug 2026 | −1% |
| HDFC Retirement Fund - Equity Plan Retirement | +1.35% | 1.35% | Aug 2026 | −1% |
| ICICI Prudential Innovation Fund Sectoral/ Thematic | +1.17% | 1.17% | Aug 2024 | +45% |
| HDFC Retirement Fund - Hybrid-Equity Plan Retirement | +1.13% | 1.13% | Aug 2026 | −1% |
| Mahindra Manulife Aggressive Hybrid Fund Aggressive Hybrid | +0.96% | 0.96% | Jan 2020 | +208% |
| Invesco India ELSS Tax Saver Fund ELSS | +0.50% | 0.50% | Mar 2017 | +170% |
| WhiteOak Capital Aggressive Hybrid Fund Aggressive Hybrid | +0.49% | 0.49% | Jun 2026 | −2% |
| UTI Nifty 500 Exchange Traded Fund Equity ETF | +0.21% | 0.21% | Aug 2026 | −1% |
| UTI Nifty 500 Index Fund Equity Funds | +0.21% | 0.21% | Aug 2026 | −1% |
| Nippon India Vision Large & Mid Cap Fund Large & Mid Cap | +0.17% | 0.17% | Jun 2018 | +260% |
| Bajaj Finserv Arbitrage Fund Arbitrage | +0.17% | 0.17% | Jun 2024 | +60% |
| JioBlackRock Sector Rotation Fund Sectoral/ Thematic | +0.09% | 0.09% | Feb 2026 | −14% |
| ICICI Prudential Balanced Advantage Fund Dynamic Asset Allocation or Balanced Advantage | +0.07% | 0.07% | Dec 2013 | +621% |
One year, adjusted
daily close, split- and bonus-adjusted
Prices are the NSE close — the company quotes on both exchanges and the NSE carries the liquidity for almost every dual listing, so one series is shown rather than two that would mostly agree. The series is adjusted for splits and bonuses so a 1:1 bonus does not read as a 50% fall. A dated corporate-action timeline (rights, demergers) is not loaded in this build and is not shown rather than guessed.