VARUN BEVERAGES LIMITED
Last close
₹421.95
18 Sep 2026 · −10.4% over the year
Held by
246funds
latest disclosure month
Average weight per holder
1.2%
Σ across holders 287.1% · -102.21% over 3 months
Days to exit
222
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 · 267 rows: 246 holders and recent exits
| Fund | Weight | Since | Entry close | Now vs entry | 3-mo change | Action |
|---|---|---|---|---|---|---|
| ITI Arbitrage Fund Arbitrage · held 10 mo | 2.92% | Jan 2025 | ₹536.75 | −21% | +0.23% | added |
| DSP BSE SENSEX Next 30 ETF Other ETFs · held 1.7 yrs | 2.06% | Jan 2025 | ₹536.75 | −21% | -0.70% | trimmed |
| DSP BSE SENSEX Next 30 Index Fund Index Funds · held 1.7 yrs | 2.05% | Jan 2025 | ₹536.75 | −21% | -0.70% | added |
| HSBC Arbitrage Fund Arbitrage · held 1.7 yrs | 1.64% | Jan 2025 | ₹536.75 | −21% | +1.33% | added |
| Mahindra Manulife Manufacturing Fund Sectoral/ Thematic · held 1.7 yrs | 0.82% | Jan 2025 | ₹536.75 | −21% | -0.30% | held |
| Axis Arbitrage Fund Arbitrage · held 1.7 yrs | 0.51% | Jan 2025 | ₹536.75 | −21% | +0.06% | added |
| Franklin India Arbitrage Fund Arbitrage · held 1.6 yrs | 0.32% | Jan 2025 | ₹536.75 | −21% | -0.00% | added |
| Parag Parikh Arbitrage Fund Arbitrage · held 1.3 yrs | 0.28% | Jan 2025 | ₹536.75 | −21% | +0.01% | added |
| Mirae Asset Arbitrage Fund Arbitrage · held 1.6 yrs | 0.25% | Jan 2025 | ₹536.75 | −21% | -0.03% | added |
| Invesco India Multi Asset Allocation Fund Multi Asset Allocation · held 1.7 yrs | 0.23% | Jan 2025 | ₹536.75 | −21% | -0.06% | added |
| WhiteOak Capital Arbitrage Fund Arbitrage · held 1.0 yrs | 0.17% | Jan 2025 | ₹536.75 | −21% | +0.17% | entered |
| Bandhan Nifty Next 50 Index Fund Index Funds · held 1.6 yrs | 2.16% | Feb 2025 | ₹436.05 | −3% | -0.72% | added |
| Mahindra Manulife Mid Cap Fund Mid Cap · held 1.6 yrs | 1.19% | Feb 2025 | ₹436.05 | −3% | -0.19% | added |
| Invesco India Contra Fund Contra · held 1.6 yrs | 1.04% | Feb 2025 | ₹436.05 | −3% | -0.42% | held |
| Baroda BNP Paribas Multi Asset Fund Multi Asset Allocation · held 1.6 yrs | 0.75% | Feb 2025 | ₹436.05 | −3% | -0.28% | held |
| BARODA BNP PARIBAS AGGRESSIVE HYBRID FUND Aggressive Hybrid · held 1.6 yrs | 0.63% | Feb 2025 | ₹436.05 | −3% | -0.22% | held |
| Canara Robeco Conservative Hybrid Fund Conservative Hybrid · held 1.6 yrs | 0.61% | Feb 2025 | ₹436.05 | −3% | -0.22% | trimmed |
| Axis Balanced Advantage Fund Dynamic Asset Allocation or Balanced Advantage · held 1.6 yrs | 0.55% | Feb 2025 | ₹436.05 | −3% | -0.32% | trimmed |
| Groww Nifty 200 ETF Other ETFs · held 1.6 yrs | 0.32% | Feb 2025 | ₹436.05 | −3% | -0.11% | trimmed |
| ITI Bharat Consumption Fund Sectoral/ Thematic · held 1.5 yrs | 1.56% | Mar 2025 | ₹539.65 | −22% | -0.63% | held |
| Mirae Asset BSE 200 Equal Weight ETF Equity ETF · held 1.5 yrs | 0.36% | Mar 2025 | ₹539.65 | −22% | -0.18% | trimmed |
| HDFC Balanced Advantage Fund Dynamic Asset Allocation or Balanced Advantage · held 1.4 yrs | 0.01% | Mar 2025 | ₹539.65 | −22% | -0.01% | held |
| Nippon India Multi Cap Fund Multi Cap · held 1.3 yrs | 0 | Mar 2025 | ₹539.65 | −22% | — | exited May 2026 |
| Bajaj Finserv Arbitrage Fund Arbitrage · held 8 mo | 0.05% | Apr 2025 | ₹522.35 | −19% | +0.05% | entered |
| Bajaj Finserv Nifty Next 50 Index Fund Index Funds · held 1.3 yrs | 2.16% | May 2025 | ₹475.95 | −11% | -0.73% | added |
| Motilal Oswal Nifty Next 50 ETF Other ETFs · held 1.3 yrs | 2.15% | May 2025 | ₹475.95 | −11% | -0.71% | added |
| Aditya Birla Sun Life Special Opportunities Fund Sectoral/ Thematic · held 1.3 yrs | 1.51% | May 2025 | ₹475.95 | −11% | +0.61% | added |
| ADITYA BIRLA SUN LIFE BAL BHAVISHYA YOJNA Children's · held 1.3 yrs | 1.20% | May 2025 | ₹475.95 | −11% | -0.49% | held |
| Aditya Birla Sun Life Multi Asset Allocation Fund Multi Asset Allocation · held 1.3 yrs | 1.02% | May 2025 | ₹475.95 | −11% | +0.05% | added |
| UNIFI DYNAMIC ASSET ALLOCATION FUND Dynamic Asset Allocation or Balanced Advantage · held 1.2 yrs | 0.11% | May 2025 | ₹475.95 | −11% | +0.10% | added |
| Motilal Oswal Arbitrage Fund Arbitrage · held 9 mo | 0.07% | May 2025 | ₹475.95 | −11% | +0.07% | entered |
| Nippon India BSE Sensex Next 30 Index Fund Index Funds · held 1.3 yrs | 2.06% | Jun 2025 | ₹457.55 | −8% | -0.70% | added |
| Nippon India BSE Sensex Next 30 ETF Other ETFs · held 1.3 yrs | 2.05% | Jun 2025 | ₹457.55 | −8% | -0.71% | added |
| HDFC NIFTY100 QUALITY 30 ETF Other ETFs · held 1.3 yrs | 1.96% | Jun 2025 | ₹457.55 | −8% | -1.25% | trimmed |
| HDFC Nifty100 Quality 30 Index Fund Index Funds · held 1.3 yrs | 1.96% | Jun 2025 | ₹457.55 | −8% | -1.25% | trimmed |
| Nippon India ELSS Tax Saver Fund ELSS · held 1.3 yrs | 1.66% | Jun 2025 | ₹457.55 | −8% | +0.04% | added |
| Canara Robeco Multi Asset Allocation Fund Multi Asset Allocation · held 1.3 yrs | 1.45% | Jun 2025 | ₹457.55 | −8% | -0.70% | trimmed |
| TATA MULTICAP FUND Multi Cap · held 8 mo | 0.69% | Jun 2025 | ₹457.55 | −8% | -0.17% | added |
| BANDHAN MULTI ASSET ALLOCATION FUND Multi Asset Allocation · held 1.0 yrs | 0.43% | Jun 2025 | ₹457.55 | −8% | +0.20% | added |
| Aditya Birla Sun Life Large Cap Fund Large Cap · held 1.3 yrs | 0.27% | Jun 2025 | ₹457.55 | −8% | -0.10% | held |
| Motilal Oswal BSE 1000 Index Fund Index Funds · held 1.3 yrs | 0.26% | Jun 2025 | ₹457.55 | −8% | -0.10% | trimmed |
| BANDHAN MULTI CAP FUND Multi Cap · held 1.3 yrs | 0.23% | Jun 2025 | ₹457.55 | −8% | -0.09% | held |
| Nippon India Equity Savings Fund (Existing number of Segregated Portfolios - 2) Equity Savings · held 10 mo | 0.05% | Jun 2025 | ₹457.55 | −8% | -0.01% | added |
| ICICI Prudential FMCG Fund Sectoral/ Thematic · held 1.0 yrs | 4.73% | Jul 2025 | ₹522.60 | −19% | -0.84% | added |
| Nippon India Focused Fund Focused · held 1.2 yrs | 3.25% | Jul 2025 | ₹522.60 | −19% | -0.86% | added |
| Nippon India Innovation Fund Sectoral/ Thematic · held 1.2 yrs | 3.03% | Jul 2025 | ₹522.60 | −19% | -1.16% | added |
| Aditya Birla Sun Life ELSS Tax Saver Fund ELSS · held 1.2 yrs | 1.66% | Jul 2025 | ₹522.60 | −19% | -0.50% | added |
| Aditya Birla Sun Life ESG Integration Strategy Fund Sectoral/ Thematic · held 7 mo | 1.38% | Jul 2025 | ₹522.60 | −19% | +1.38% | entered |
| Nippon India Balanced Advantage Fund Dynamic Asset Allocation or Balanced Advantage · held 1.2 yrs | 0.52% | Jul 2025 | ₹522.60 | −19% | -0.20% | held |
| Groww ELSS Tax Saver Fund ELSS · held 3 mo | 0.26% | Jul 2025 | ₹522.60 | −19% | +0.26% | entered |
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
−1.02 pp
net change in Σ fund weight over the last three disclosures (percentage points summed across funds) · 127 added or entered, 84 trimmed or exited
Crowding
246 funds hold it, at an average weight of 1.2% each (287.1% summed across holders). At a fifth of average daily volume (64,84,361 shares), the aggregate fund position would take about 222 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 |
|---|---|---|---|---|
| Motilal Oswal Balanced Advantage Fund Dynamic Asset Allocation or Balanced Advantage | +2.41% | 2.41% | Aug 2026 | +5% |
| Bandhan Multi-Factor Fund Sectoral/ Thematic | +2.20% | 2.20% | Sep 2025 | −5% |
| quant Arbitrage Fund Arbitrage | +1.66% | 1.66% | Jun 2026 | −17% |
| Aditya Birla Sun Life ESG Integration Strategy Fund Sectoral/ Thematic | +1.38% | 1.38% | Jul 2025 | −19% |
| HSBC Equity Savings Fund Equity Savings | +1.20% | 1.20% | Aug 2026 | +5% |
| JioBlackRock Arbitrage Fund Arbitrage | +1.04% | 1.04% | Jun 2026 | −17% |
| LIC MF Consumption Fund Sectoral/ Thematic | +1.00% | 1.00% | Nov 2025 | −12% |
| Sundaram Large Cap Fund ( Formerly Know as Sundaram Blue Chip Fund) Large Cap | +0.98% | 0.98% | Sep 2024 | −30% |
| Mahindra Manulife Flexi Cap Fund Flexi Cap | +0.86% | 0.86% | Jul 2026 | −5% |
| Union Large & Midcap Fund Large & Mid Cap | +0.83% | 0.83% | Sep 2024 | −30% |
| Union ELSS Tax Saver Fund (Formerly Union Tax Saver (ELSS) Fund ELSS | +0.81% | 0.81% | Sep 2024 | −30% |
| SBI MULTI ASSET ALLOCATION FUND Multi Asset Allocation | +0.73% | 0.73% | Jun 2026 | −17% |
| SBI MultiCap Fund Multi Cap | +0.67% | 0.67% | Jul 2026 | −5% |
| TRUSTMF ARBITRAGE FUND Arbitrage | +0.57% | 0.57% | Oct 2025 | −10% |
| Union Midcap Fund Mid Cap | +0.52% | 0.52% | Aug 2026 | +5% |
| Union Equity Savings Fund Equity Savings | +0.40% | 0.40% | Oct 2024 | −29% |
| UTI Nifty 500 Exchange Traded Fund Equity ETF | +0.27% | 0.27% | Aug 2026 | +5% |
| UTI Nifty 500 Index Fund Equity Funds | +0.27% | 0.27% | Aug 2026 | +5% |
| Aditya Birla Sun Life Dividend Yield Fund Dividend Yield | +0.27% | 0.27% | Jul 2026 | −5% |
| Groww ELSS Tax Saver Fund ELSS | +0.26% | 0.26% | Jul 2025 | −19% |
| WhiteOak Capital Arbitrage Fund Arbitrage | +0.17% | 0.17% | Jan 2025 | −21% |
| Motilal Oswal Arbitrage Fund Arbitrage | +0.07% | 0.07% | May 2025 | −11% |
| Bajaj Finserv Arbitrage Fund Arbitrage | +0.05% | 0.05% | Apr 2025 | −19% |
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.