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% points 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 |
|---|---|---|---|---|---|---|
| Groww Banking & Financial Services Fund Sectoral/ Thematic · held 1.2 yrs | 1.77% | Dec 2024 | ₹1,113.90 | +40% | −0.59% points | held |
| Axis Nifty Midcap 50 Index Fund Equity Funds · held 3.3 yrs | 1.76% | Apr 2022 | ₹757.60 | +106% | −0.22% points | added |
| Nippon India Multi Cap Fund Multi Cap · held 14 yrs | 1.72% | Sep 2012 | — | — | −0.37% points | trimmed |
| WhiteOak Capital ESG Best-In-Class Strategy Fund Sectoral/ Thematic · held 1.9 yrs | 1.72% | Oct 2024 | ₹1,283.00 | +22% | −0.04% points | held |
| Tata Banking & Financial Services Fund Sectoral/ Thematic · held 9.3 yrs | 1.70% | Mar 2016 | ₹344.05 | +353% | −0.27% points | held |
| Canara Robeco Consumption Fund Sectoral/ Thematic · held 3.2 yrs | 1.69% | Sep 2021 | ₹1,014.30 | +54% | −0.20% points | held |
| UTI - Banking and Financial Services Fund Sectoral/ Thematic · held 4.8 yrs | 1.69% | Jul 2017 | ₹609.45 | +156% | −0.26% points | held |
| Baroda BNP Paribas Children's Fund Children's · held 1.7 yrs | 1.68% | Jan 2025 | ₹1,115.75 | +40% | −0.03% points | added |
| Union Children's Fund Children's · held 1.9 yrs | 1.68% | Oct 2024 | ₹1,283.00 | +22% | −0.32% points | held |
| JM ELSS - Tax Saver Fund ELSS · held 1.3 yrs | 1.67% | May 2025 | ₹1,502.70 | +4% | −0.31% points | held |
| TRUSTMF MID CAP FUND Mid Cap · held 6 mo | 1.60% | Mar 2026 | ₹1,490.70 | +5% | −0.68% points | added |
| Union ELSS Tax Saver Fund (Formerly Union Tax Saver (ELSS) Fund ELSS · held 1.9 yrs | 1.53% | Oct 2024 | ₹1,283.00 | +22% | −0.17% points | held |
| Baroda BNP Paribas Services Fund Sectoral/ Thematic · held 1 mo | 1.52% | Aug 2026 | ₹1,573.10 | −1% | — | held |
| Baroda BNP Paribas Mid Cap Fund Mid Cap · held 2.0 yrs | 1.51% | May 2023 | ₹706.55 | +121% | +0.04% points | added |
| Canara Robeco Multi Asset Allocation Fund Multi Asset Allocation · held 1.3 yrs | 1.51% | Jun 2025 | ₹1,647.10 | −5% | −0.25% points | held |
| Invesco India Large & Mid Cap Fund Large & Mid Cap · held 3.2 yrs | 1.49% | Jan 2023 | ₹835.65 | +87% | −0.21% points | added |
| BANK OF INDIA AGGRESSIVE HYBRID FUND Aggressive Hybrid · held 1.5 yrs | 1.48% | Oct 2020 | ₹590.55 | +164% | −0.58% points | added |
| Nippon India Growth Mid Cap Fund Mid Cap · held 14 yrs | 1.48% | Oct 2012 | — | — | −0.25% points | held |
| Union Value Fund Value · held 9 mo | 1.48% | Dec 2025 | ₹1,671.80 | −7% | −0.19% points | held |
| Mahindra Manulife Innovation Opportunities Fund Sectoral/ Thematic · held 7 mo | 1.46% | Feb 2026 | ₹1,813.40 | −14% | −0.43% points | added |
| Invesco India Financial Services Fund Sectoral/ Thematic · held 3.7 yrs | 1.44% | Jan 2015 | ₹474.55 | +229% | −0.02% points | added |
| Baroda BNP Paribas ELSS Tax Saver Fund ELSS · held 2.4 yrs | 1.42% | Apr 2024 | ₹1,010.90 | +54% | −0.30% points | trimmed |
| WhiteOak Capital Multi Cap Fund Multi Cap · held 2.7 yrs | 1.42% | Sep 2023 | ₹909.75 | +71% | −0.10% points | added |
| Nippon India Retirement Fund- Wealth Creation Scheme Retirement · held 3.8 yrs | 1.39% | Jul 2017 | ₹609.45 | +156% | +0.96% points | added |
| Union Largecap Fund Large Cap · held 2.0 yrs | 1.39% | Sep 2024 | ₹1,191.00 | +31% | −0.09% points | held |
| Baroda BNP Paribas Banking and Financial Services Fund Sectoral/ Thematic · held 1.8 yrs | 1.37% | Aug 2023 | ₹933.70 | +67% | −0.53% points | trimmed |
| HDFC Retirement Fund - Equity Plan Retirement · held 1 mo | 1.35% | Aug 2026 | ₹1,573.10 | −1% | — | held |
| Bajaj Finserv Banking and Financial Services Fund Sectoral/ Thematic · held 8 mo | 1.33% | Jan 2026 | ₹1,613.60 | −3% | −0.05% points | added |
| Sundaram Multi Cap Fund (Formerly Known as Principal Multi Cap Growth Fund) Multi Cap · held 1.0 yrs | 1.31% | Dec 2021 | ₹980.35 | +59% | −0.21% points | held |
| DSP Small Cap Fund Small Cap · held 1.7 yrs | 1.30% | Jan 2025 | ₹1,115.75 | +40% | +0.28% points | added |
| HDFC Large & Mid Cap Fund Large & Mid Cap · held 2.3 yrs | 1.30% | Apr 2024 | ₹1,010.90 | +54% | −0.16% points | held |
| Tata Nifty Financial Services Index Fund Index Funds · held 6 mo | 1.30% | Mar 2026 | ₹1,490.70 | +5% | −0.18% points | trimmed |
| UTI Large & Mid Cap Fund Large & Mid Cap · held 8.3 yrs | 1.29% | Jan 2018 | ₹534.25 | +192% | −0.09% points | added |
| Nippon India ELSS Tax Saver Fund ELSS · held 5.4 yrs | 1.28% | Sep 2012 | — | — | −0.09% points | held |
| Mirae Asset Nifty Financial Services ETF Equity ETF · held 6 mo | 1.28% | Mar 2026 | ₹1,490.70 | +5% | −0.20% points | trimmed |
| Franklin India Mid Cap Fund Mid Cap · held 4.7 yrs | 1.27% | Dec 2021 | ₹980.35 | +59% | −0.17% points | held |
| Union Retirement Fund Retirement · held 1.9 yrs | 1.27% | Oct 2024 | ₹1,283.00 | +22% | −0.21% points | held |
| Aditya Birla Sun Life Multi-Cap Fund Multi Cap · held 2.8 yrs | 1.27% | Dec 2023 | ₹954.30 | +63% | −0.22% points | held |
| Bandhan Large & Mid Cap Fund Large & Mid Cap · held 4.9 yrs | 1.26% | Sep 2021 | ₹1,014.30 | +54% | +0.74% points | added |
| BANDHAN RETIREMENT FUND Retirement · held 2.8 yrs | 1.25% | Oct 2023 | ₹914.10 | +71% | −0.09% points | held |
| WhiteOak Capital Quality Equity Fund Sectoral/ Thematic · held 1.6 yrs | 1.24% | Jan 2025 | ₹1,115.75 | +40% | +0.16% points | added |
| BANK OF INDIA MID CAP TAX FUND SERIES 1 ELSS · held 11 mo | 1.23% | Jun 2022 | ₹782.35 | +99% | −0.17% points | held |
| Aditya Birla Sun Life Retirement Fund-The 40s Plan Retirement · held 2.7 yrs | 1.22% | Jan 2024 | ₹890.30 | +75% | −0.13% points | held |
| ITI Multi Cap Fund Multi Cap · held 5.1 yrs | 1.21% | Nov 2019 | ₹504.90 | +209% | −0.17% points | added |
| Tata Balanced Advantage Fund Dynamic Asset Allocation or Balanced Advantage · held 1.1 yrs | 1.21% | Aug 2025 | ₹1,602.20 | −3% | +0.06% points | added |
| ITI Arbitrage Fund Arbitrage · held 1.7 yrs | 1.20% | Mar 2023 | ₹635.00 | +146% | −0.24% points | trimmed |
| Canara Robeco ELSS - Tax Saver Fund ELSS · held 3.3 yrs | 1.19% | Sep 2021 | ₹1,014.30 | +54% | −0.11% points | held |
| LIC MF Nifty Midcap 100 ETF Other ETFs · held 2.6 yrs | 1.19% | Feb 2024 | ₹969.70 | +61% | −0.14% points | trimmed |
| Motilal Oswal Nifty Midcap 100 ETF Other ETFs · held 8.3 yrs | 1.19% | Mar 2018 | ₹453.45 | +244% | −0.14% points | added |
| Motilal Oswal Nifty Midcap 150 Momentum 50 ETF Other ETFs · held 1.3 yrs | 1.19% | Jun 2025 | ₹1,647.10 | −5% | −1.70% points | trimmed |
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
−79.56% points
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
Added: funds that held it three disclosures ago and hold more of it now.
| Fund | 3-mo change | Weight now | Since | Now vs entry |
|---|---|---|---|---|
| SBI Nifty Midcap 150 Momentum 50 ETF Other ETFs | −1.70% points | 1.19% | Mar 2026 | +5% |
| Franklin India Large & Mid Cap Fund Large & Mid Cap | +1.62% points | 3.68% | Dec 2021 | +59% |
| Groww Value Fund Value | +1.34% points | 2.68% | Apr 2026 | −2% |
| Baroda BNP Paribas Health and Wellness Fund Sectoral/ Thematic | +1.21% points | 2.43% | Apr 2026 | −2% |
| DSP Banking & Financial Services Fund Sectoral/ Thematic | +1.02% points | 4.26% | Jan 2025 | +40% |
| Nippon India Retirement Fund- Wealth Creation Scheme Retirement | +0.96% points | 1.39% | Jul 2017 | +156% |
| Groww Multicap Fund Multi Cap | +0.95% points | 2.41% | Apr 2025 | +19% |
| Bandhan Large & Mid Cap Fund Large & Mid Cap | +0.74% points | 1.26% | Sep 2021 | +54% |
| Nippon India Innovation Fund Sectoral/ Thematic | +0.72% points | 1.00% | May 2026 | −7% |
| DSP Multi Cap Fund Multi Cap | +0.71% points | 3.31% | Mar 2025 | +36% |
| Mirae Asset Midcap Fund Mid Cap | +0.71% points | 1.82% | Aug 2021 | +43% |
| TRUSTMF MID CAP FUND Mid Cap | −0.68% points | 1.60% | Mar 2026 | +5% |
| BANK OF INDIA AGGRESSIVE HYBRID FUND Aggressive Hybrid | −0.58% points | 1.48% | Oct 2020 | +164% |
| Invesco India Mid Cap Fund Mid Cap | −0.52% points | 3.07% | Dec 2016 | +184% |
| Motilal Oswal Nifty MidSmall Financial Services Index Fund Index Funds | −0.52% points | 3.56% | Nov 2024 | +37% |
| ICICI Prudential BSE Midcap Select ETF Other ETFs | −0.49% points | 2.82% | Jun 2020 | +188% |
| LIC MF Banking and Financial Services Fund Sectoral/ Thematic | +0.48% points | 2.58% | Oct 2018 | +313% |
| Union Midcap Fund Mid Cap | −0.47% points | 2.82% | Jul 2024 | +40% |
| Mahindra Manulife Innovation Opportunities Fund Sectoral/ Thematic | −0.43% points | 1.46% | Feb 2026 | −14% |
| Tata Multi Asset Allocation Fund Multi Asset Allocation | +0.41% points | 1.18% | Sep 2025 | −1% |
| BANK OF INDIA MID CAP TAX FUND Series 2 ELSS | +0.34% points | 1.79% | Jun 2022 | +99% |
| BANK OF INDIA MID CAP FUND Mid Cap | −0.32% points | 2.65% | Jan 2026 | −3% |
| BANDHAN FINANCIAL SERVICES FUND Sectoral/ Thematic | −0.29% points | 2.24% | Sep 2023 | +71% |
| DSP Small Cap Fund Small Cap | +0.28% points | 1.30% | Jan 2025 | +40% |
| Tata Mid Cap Fund Mid Cap | +0.26% points | 3.03% | Jun 2025 | −5% |
| WhiteOak Capital Large & Mid Cap Fund Large & Mid Cap | −0.25% points | 2.14% | Jan 2024 | +75% |
| WhiteOak Capital Arbitrage Fund Arbitrage | +0.24% points | 0.70% | Jan 2025 | +40% |
| DSP Dynamic Asset Allocation Fund Dynamic Asset Allocation or Balanced Advantage | +0.23% points | 1.04% | Jan 2020 | +208% |
| UTI - Mid Cap Fund Mid Cap | −0.22% points | 1.97% | Jul 2018 | +214% |
| Axis Nifty Midcap 50 Index Fund Equity Funds | −0.22% points | 1.76% | Apr 2022 | +106% |
| Invesco India Large & Mid Cap Fund Large & Mid Cap | −0.21% points | 1.49% | Jan 2023 | +87% |
| BANDHAN MID CAP FUND Mid Cap | −0.21% points | 0.99% | Jul 2025 | +4% |
| Baroda BNP Paribas Large and Mid Cap fund Large & Mid Cap | −0.20% points | 2.19% | Jul 2024 | +40% |
| ITI Flexi Cap Fund Flexi Cap | −0.20% points | 0.86% | Sep 2024 | +31% |
| Bajaj Finserv Balanced Advantage Fund Dynamic Asset Allocation or Balanced Advantage | +0.20% points | 0.72% | Apr 2026 | −2% |
| BANDHAN INNOVATION FUND Sectoral/ Thematic | −0.19% points | 0.78% | Apr 2024 | +54% |
| Bajaj Finserv Multi Cap Fund Multi Cap | +0.18% points | 2.34% | Jan 2026 | −3% |
| Baroda BNP Paribas Multi Cap Fund Multi Cap | +0.17% points | 1.17% | May 2024 | +70% |
| ITI Multi Cap Fund Multi Cap | −0.17% points | 1.21% | Nov 2019 | +209% |
| WhiteOak Capital Quality Equity Fund Sectoral/ Thematic | +0.16% points | 1.24% | Jan 2025 | +40% |
| DSP ELSS Tax Saver Fund ELSS | +0.14% points | 2.04% | Jan 2013 | +524% |
| Motilal Oswal Nifty Midcap 100 ETF Other ETFs | −0.14% points | 1.19% | Mar 2018 | +244% |
| BARODA BNP PARIBAS CONSERVATIVE HYBRID FUND Conservative Hybrid | +0.14% points | 0.40% | Jul 2024 | +40% |
| Canara Robeco Mid Cap Fund Mid Cap | +0.14% points | 2.33% | Sep 2023 | +71% |
| Nippon India ETF Nifty Midcap 150 Other ETFs | −0.13% points | 0.98% | Sep 2019 | +265% |
| UTI Nifty Midcap 150 Index Fund Equity Funds | −0.13% points | 0.97% | Dec 2024 | +40% |
| DSP Nifty Midcap 150 Index Fund Index Funds | −0.13% points | 0.97% | Dec 2025 | −7% |
| SBI Nifty Midcap 150 ETF Other ETFs | −0.13% points | 0.97% | Mar 2026 | +5% |
| Groww Nifty Midcap 150 Index Fund Equity Funds | −0.13% points | 0.98% | Nov 2025 | −8% |
| ICICI Prudential Nifty Midcap 150 ETF Other ETFs | −0.13% points | 0.97% | Jan 2020 | +208% |
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.