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 |
|---|---|---|---|---|---|---|
| LIC MF Flexi Cap Fund Flexi Cap · held 6 mo | 0 | Jan 2026 | ₹1,613.60 | −3% | — | exited Jun 2026 |
| Bank of India Banking & Financial Services Fund Sectoral/ Thematic · held 7 mo | 2.16% | Feb 2026 | ₹1,813.40 | −14% | −0.14% points | held |
| Mahindra Manulife Innovation Opportunities Fund Sectoral/ Thematic · held 7 mo | 1.46% | Feb 2026 | ₹1,813.40 | −14% | −0.43% points | added |
| Bajaj Finserv Flexi Cap Fund Flexi Cap · held 7 mo | 0.99% | Feb 2026 | ₹1,813.40 | −14% | −0.65% points | trimmed |
| Helios Small Cap Fund Small Cap · held 7 mo | 0.26% | Feb 2026 | ₹1,813.40 | −14% | −0.21% points | held |
| BANK OF INDIA CONSERVATIVE HYBRID FUND Medium to Long Duration · held 7 mo | 0.19% | Feb 2026 | ₹1,813.40 | −14% | −0.02% points | held |
| JioBlackRock Sector Rotation Fund Sectoral/ Thematic · held 4 mo | 0.09% | Feb 2026 | ₹1,813.40 | −14% | +0.09% points | entered |
| Canara Robeco Banking and Financial Services Fund Sectoral/ Thematic · held 6 mo | 2.71% | Mar 2026 | ₹1,490.70 | +5% | −0.58% points | held |
| TRUSTMF MID CAP FUND Mid Cap · held 6 mo | 1.60% | Mar 2026 | ₹1,490.70 | +5% | −0.68% points | added |
| Tata Nifty Financial Services Index Fund Index Funds · held 6 mo | 1.30% | Mar 2026 | ₹1,490.70 | +5% | −0.18% points | trimmed |
| Mirae Asset Nifty Financial Services ETF Equity ETF · held 6 mo | 1.28% | Mar 2026 | ₹1,490.70 | +5% | −0.20% points | trimmed |
| SBI Nifty Midcap 150 Momentum 50 ETF Other ETFs · held 6 mo | 1.19% | Mar 2026 | ₹1,490.70 | +5% | −1.70% points | added |
| SBI Nifty Midcap 150 ETF Other ETFs · held 6 mo | 0.97% | Mar 2026 | ₹1,490.70 | +5% | −0.13% points | added |
| Franklin India Equity Savings Fund Equity Savings · held 6 mo | 0.21% | Mar 2026 | ₹1,490.70 | +5% | 0.00% points | held |
| ICICI Prudential Active Momentum Fund Sectoral/ Thematic · held 4 mo | 0 | Mar 2026 | ₹1,490.70 | +5% | — | exited Jun 2026 |
| Groww Value Fund Value · held 5 mo | 2.68% | Apr 2026 | ₹1,585.70 | −2% | +1.34% points | added |
| Baroda BNP Paribas Health and Wellness Fund Sectoral/ Thematic · held 5 mo | 2.43% | Apr 2026 | ₹1,585.70 | −2% | +1.21% points | added |
| JM Large & Mid Cap Fund Large & Mid Cap · held 5 mo | 2.00% | Apr 2026 | ₹1,585.70 | −2% | −0.36% points | held |
| Bajaj Finserv Balanced Advantage Fund Dynamic Asset Allocation or Balanced Advantage · held 5 mo | 0.72% | Apr 2026 | ₹1,585.70 | −2% | +0.20% points | added |
| HSBC Equity Savings Fund Equity Savings · held 5 mo | 0.21% | Apr 2026 | ₹1,585.70 | −2% | −0.12% points | held |
| JioBlackRock Large Cap Fund Large Cap · held 3 mo | 0 | Apr 2026 | ₹1,585.70 | −2% | — | exited Jun 2026 |
| Nippon India Innovation Fund Sectoral/ Thematic · held 4 mo | 1.00% | May 2026 | ₹1,674.00 | −7% | +0.72% points | added |
| UNIFI DYNAMIC ASSET ALLOCATION FUND Dynamic Asset Allocation or Balanced Advantage · held 4 mo | 0.04% | May 2026 | ₹1,674.00 | −7% | −0.01% points | held |
| ICICI Prudential Retirement Fund Hybrid Aggressive Plan Retirement · held 3 mo | 0 | May 2026 | ₹1,674.00 | −7% | — | exited Jul 2026 |
| WhiteOak Capital Aggressive Hybrid Fund Aggressive Hybrid · held 3 mo | 0.49% | Jun 2026 | ₹1,584.00 | −2% | — | held |
| ICICI Prudential BSE Insurance ETF Other ETFs · held 1 mo | 13.58% | Aug 2026 | ₹1,573.10 | −1% | — | held |
| Baroda BNP Paribas Services Fund Sectoral/ Thematic · held 1 mo | 1.52% | Aug 2026 | ₹1,573.10 | −1% | — | held |
| HDFC Retirement Fund - Equity Plan Retirement · held 1 mo | 1.35% | Aug 2026 | ₹1,573.10 | −1% | — | held |
| HDFC Retirement Fund - Hybrid-Equity Plan Retirement · held 1 mo | 1.13% | Aug 2026 | ₹1,573.10 | −1% | — | held |
| UTI Nifty 500 Exchange Traded Fund Equity ETF · held 1 mo | 0.21% | Aug 2026 | ₹1,573.10 | −1% | — | held |
| UTI Nifty 500 Index Fund Equity Funds · held 1 mo | 0.21% | Aug 2026 | ₹1,573.10 | −1% | — | held |
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 |
|---|---|---|---|---|
| ICICI Prudential Nifty Midcap 150 Index Fund Index Funds | −0.13% points | 0.97% | Dec 2021 | +59% |
| Aditya Birla Sun Life Nifty Midcap 150 Index Fund Equity Funds | −0.13% points | 0.98% | May 2021 | +67% |
| JioBlackRock Nifty Midcap 150 Index Fund Equity Funds | −0.12% points | 0.98% | Aug 2025 | −3% |
| Groww Nifty Midcap 150 ETF Other ETFs | −0.12% points | 0.97% | Nov 2025 | −8% |
| DSP Midcap Fund Mid Cap | +0.12% points | 2.63% | Jan 2013 | +524% |
| Motilal Oswal Nifty Midcap 150 Index Fund Index Funds | −0.12% points | 0.98% | Sep 2019 | +265% |
| Navi Nifty Midcap 150 Index Fund Index Funds | −0.12% points | 0.98% | Sep 2022 | +104% |
| SBI Nifty Midcap 150 Index Fund Index Funds | −0.12% points | 0.98% | Jan 2023 | +87% |
| DSP Nifty Midcap 150 ETF Other ETFs | −0.12% points | 0.98% | Dec 2025 | −7% |
| Nippon India Nifty Midcap 150 Index Fund Index Funds | −0.11% points | 0.98% | Feb 2021 | +80% |
| WhiteOak Capital Large Cap Fund Large Cap | +0.11% points | 0.97% | Mar 2024 | +56% |
| Tata Nifty Midcap 150 Index Fund Index Funds | −0.11% points | 0.99% | Jun 2025 | −5% |
| WhiteOak Capital Multi Cap Fund Multi Cap | −0.10% points | 1.42% | Sep 2023 | +71% |
| Baroda BNP Paribas Nifty Midcap 150 Index Fund Index Funds | −0.10% points | 0.99% | Nov 2024 | +37% |
| UTI Large & Mid Cap Fund Large & Mid Cap | −0.09% points | 1.29% | Jan 2018 | +192% |
| DSP Large & Mid Cap Fund Large & Mid Cap | +0.09% points | 1.96% | Jan 2013 | +524% |
| Navi Nifty Midsmallcap 400 Index Fund Index Funds | −0.09% points | 0.64% | Dec 2025 | −7% |
| WhiteOak Capital Mid Cap Fund Mid Cap | +0.08% points | 3.11% | Aug 2023 | +67% |
| ICICI Prudential Nifty LargeMidcap 250 Index Fund Index Funds | −0.08% points | 0.50% | Mar 2024 | +56% |
| DSP India T.I.G.E.R. Fund Sectoral/ Thematic | +0.07% points | 1.90% | Jan 2013 | +524% |
| ICICI Prudential Arbitrage Fund Arbitrage | +0.06% points | 0.30% | Apr 2017 | +138% |
| BANK OF INDIA ELSS TAX SAVER FUND ELSS | −0.06% points | 1.03% | Feb 2021 | +80% |
| Tata Balanced Advantage Fund Dynamic Asset Allocation or Balanced Advantage | +0.06% points | 1.21% | Aug 2025 | −3% |
| WhiteOak Capital Flexi Cap Fund Flexi Cap | −0.06% points | 0.94% | Mar 2024 | +56% |
| Baroda BNP Paribas Innovation Fund Sectoral/ Thematic | +0.06% points | 1.98% | Apr 2024 | +54% |
| Bajaj Finserv Banking and Financial Services Fund Sectoral/ Thematic | −0.05% points | 1.33% | Jan 2026 | −3% |
| Canara Robeco Flexi Cap Fund Flexi Cap | −0.04% points | 0.95% | Sep 2021 | +54% |
| HDFC Arbitrage Fund Arbitrage | +0.04% points | 0.22% | Apr 2024 | +54% |
| Baroda BNP Paribas Mid Cap Fund Mid Cap | +0.04% points | 1.51% | May 2023 | +121% |
| WhiteOak Capital Banking & Financial Services Fund Sectoral/ Thematic | −0.04% points | 2.06% | Mar 2024 | +56% |
| Sundaram Flexicap Fund Flexi Cap | +0.03% points | 1.01% | Sep 2022 | +104% |
| Baroda BNP Paribas Children's Fund Children's | −0.03% points | 1.68% | Jan 2025 | +40% |
| Groww Nifty Total Market Index Fund Equity Funds | −0.02% points | 0.20% | Dec 2024 | +40% |
| ICICI Prudential Nifty 500 Index Fund Index Funds | −0.02% points | 0.21% | Dec 2024 | +40% |
| DSP Flexi Cap Fund Flexi Cap | +0.02% points | 2.11% | Jan 2013 | +524% |
| Invesco India Financial Services Fund Sectoral/ Thematic | −0.02% points | 1.44% | Jan 2015 | +229% |
| Axis Arbitrage Fund Arbitrage | +0.02% points | 0.23% | Oct 2020 | +164% |
| Motilal Oswal Nifty 500 Index Fund Index Funds | −0.02% points | 0.21% | Sep 2019 | +265% |
| HDFC BSE 500 ETF Other ETFs | −0.02% points | 0.21% | Jun 2024 | +60% |
| Motilal Oswal Nifty 500 ETF Other ETFs | −0.02% points | 0.21% | Sep 2023 | +71% |
| Axis Nifty 500 Index Fund Equity Funds | −0.02% points | 0.21% | Jul 2024 | +40% |
| DSP Nifty 500 Index Fund Index Funds | −0.02% points | 0.21% | Jan 2026 | −3% |
| Sundaram ELSS Tax Saver Fund ELSS | +0.02% points | 1.00% | Dec 2021 | +59% |
| Nippon India Nifty 500 Equal Weight Index Fund Index Funds | −0.01% points | 0.19% | Sep 2024 | +31% |
| ADITYA BIRLA SUN LIFE ARBITRAGE FUND Arbitrage | +0.01% points | 0.17% | May 2018 | +218% |
| WhiteOak Capital Multi Asset Allocation Fund Multi Asset Allocation | 0.00% points | 0.24% | Mar 2024 | +56% |
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.