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% points 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 |
|---|---|---|---|---|---|---|
| Nippon India BSE Sensex Next 30 ETF Other ETFs · held 1.3 yrs | 2.05% | Jun 2025 | ₹457.55 | −8% | −0.71% points | added |
| Axis ESG Integration Strategy Fund Sectoral/ Thematic · held 2.0 yrs | 1.96% | Sep 2024 | ₹606.30 | −30% | −0.65% points | held |
| HDFC NIFTY100 QUALITY 30 ETF Other ETFs · held 1.3 yrs | 1.96% | Jun 2025 | ₹457.55 | −8% | −1.25% points | trimmed |
| HDFC Nifty100 Quality 30 Index Fund Index Funds · held 1.3 yrs | 1.96% | Jun 2025 | ₹457.55 | −8% | −1.25% points | trimmed |
| SBI BSE Sensex Next 50 ETF Other ETFs · held 2.0 yrs | 1.92% | Sep 2024 | ₹606.30 | −30% | −0.76% points | trimmed |
| Nippon India ETF BSE Sensex Next 50 Other ETFs · held 2.0 yrs | 1.91% | Sep 2024 | ₹606.30 | −30% | −0.77% points | added |
| UTI - BSE Sensex Next 50 Exchange Traded Fund Equity ETF · held 2.0 yrs | 1.91% | Sep 2024 | ₹606.30 | −30% | −0.77% points | trimmed |
| Mahindra Manulife Consumption Fund Sectoral/ Thematic · held 2.0 yrs | 1.90% | Sep 2024 | ₹606.30 | −30% | −0.59% points | held |
| HDFC Consumption Fund Sectoral/ Thematic · held 6 mo | 1.78% | Mar 2026 | ₹384.10 | +10% | −1.64% points | trimmed |
| SBI FLEXICAP FUND Flexi Cap · held 4 mo | 1.78% | May 2026 | ₹528.00 | −20% | +0.66% points | added |
| SBI Large Cap Fund Large Cap · held 1.1 yrs | 1.78% | Aug 2025 | ₹487.15 | −13% | −0.64% points | held |
| Navi Flexi Cap Fund Flexi Cap · held 2.0 yrs | 1.74% | Sep 2024 | ₹606.30 | −30% | −0.83% points | held |
| Nippon India Growth Mid Cap Fund Mid Cap · held 2.0 yrs | 1.72% | Sep 2024 | ₹606.30 | −30% | −0.10% points | added |
| Bandhan Focused Fund Focused · held 2.0 yrs | 1.67% | Sep 2024 | ₹606.30 | −30% | −0.74% points | trimmed |
| Tata Aggressive Hybrid Fund Aggressive Hybrid · held 2.0 yrs | 1.67% | Sep 2024 | ₹606.30 | −30% | −0.76% points | held |
| Aditya Birla Sun Life ELSS Tax Saver Fund ELSS · held 1.2 yrs | 1.66% | Jul 2025 | ₹522.60 | −19% | −0.50% points | added |
| Nippon India ELSS Tax Saver Fund ELSS · held 1.3 yrs | 1.66% | Jun 2025 | ₹457.55 | −8% | +0.04% points | added |
| Nippon India Retirement Fund- Wealth Creation Scheme Retirement · held 8 mo | 1.66% | Jan 2026 | ₹471.25 | −10% | −0.25% points | added |
| quant Arbitrage Fund Arbitrage · held 3 mo | 1.66% | Jun 2026 | ₹507.55 | −17% | +1.66% points | entered |
| HSBC Arbitrage Fund Arbitrage · held 1.7 yrs | 1.64% | Jan 2025 | ₹536.75 | −21% | +1.33% points | added |
| Axis NIFTY India Consumption ETF Equity ETF · held 2.0 yrs | 1.61% | Sep 2024 | ₹606.30 | −30% | −0.62% points | trimmed |
| Nippon India ETF Nifty India Consumption Other ETFs · held 2.0 yrs | 1.61% | Sep 2024 | ₹606.30 | −30% | −0.62% points | trimmed |
| SBI Nifty Consumption ETF Other ETFs · held 2.0 yrs | 1.61% | Sep 2024 | ₹606.30 | −30% | −0.62% points | trimmed |
| SBI Nifty India Consumption Index Fund Index Funds · held 1.9 yrs | 1.61% | Oct 2024 | ₹597.75 | −29% | −0.63% points | trimmed |
| ICICI Prudential Nifty India Consumption ETF Other ETFs · held 2.0 yrs | 1.61% | Sep 2024 | ₹606.30 | −30% | −0.63% points | trimmed |
| HDFC Nifty India Consumption Index Fund Index Funds · held 7 mo | 1.60% | Feb 2026 | ₹451.40 | −7% | −0.63% points | trimmed |
| ITI Bharat Consumption Fund Sectoral/ Thematic · held 1.5 yrs | 1.56% | Mar 2025 | ₹539.65 | −22% | −0.63% points | held |
| Tata Business Cycle Fund Sectoral/ Thematic · held 1.8 yrs | 1.51% | Nov 2024 | ₹621.20 | −32% | −0.43% points | held |
| Aditya Birla Sun Life Special Opportunities Fund Sectoral/ Thematic · held 1.3 yrs | 1.51% | May 2025 | ₹475.95 | −11% | +0.61% points | added |
| Aditya Birla Sun Life Consumption Fund Sectoral/ Thematic · held 1.8 yrs | 1.50% | Nov 2024 | ₹621.20 | −32% | −0.56% points | held |
| Canara Robeco Value Fund Value · held 2.0 yrs | 1.49% | Sep 2024 | ₹606.30 | −30% | −0.72% points | trimmed |
| 360 ONE Flexicap Fund Flexi Cap · held 5 mo | 1.46% | Apr 2026 | ₹513.70 | −18% | −0.66% points | held |
| Canara Robeco Manufacturing Fund Sectoral/ Thematic · held 2.0 yrs | 1.45% | Sep 2024 | ₹606.30 | −30% | −0.60% points | held |
| Canara Robeco Multi Asset Allocation Fund Multi Asset Allocation · held 1.3 yrs | 1.45% | Jun 2025 | ₹457.55 | −8% | −0.70% points | trimmed |
| UTI - India Consumer Fund Sectoral/ Thematic · held 1.8 yrs | 1.45% | Nov 2024 | ₹621.20 | −32% | −0.26% points | added |
| Aditya Birla Sun Life ESG Integration Strategy Fund Sectoral/ Thematic · held 7 mo | 1.38% | Jul 2025 | ₹522.60 | −19% | +1.38% points | entered |
| Mahindra Manulife Innovation Opportunities Fund Sectoral/ Thematic · held 7 mo | 1.38% | Feb 2026 | ₹451.40 | −7% | −0.35% points | added |
| BANDHAN INNOVATION FUND Sectoral/ Thematic · held 2.0 yrs | 1.34% | Sep 2024 | ₹606.30 | −30% | −0.97% points | added |
| Navi Large & Midcap Fund Large & Mid Cap · held 1.9 yrs | 1.34% | Sep 2024 | ₹606.30 | −30% | −0.49% points | held |
| Nippon India Vision Large & Mid Cap Fund Large & Mid Cap · held 10 mo | 1.32% | Nov 2025 | ₹481.55 | −12% | −0.58% points | held |
| UTI ELSS Tax Saver Fund ELSS · held 10 mo | 1.32% | Nov 2025 | ₹481.55 | −12% | +0.02% points | added |
| SBI Quality Fund Sectoral/ Thematic · held 5 mo | 1.31% | Apr 2026 | ₹513.70 | −18% | −0.65% points | trimmed |
| HSBC India Export Opportunities Fund Sectoral/ Thematic · held 2.0 yrs | 1.30% | Sep 2024 | ₹606.30 | −30% | −1.61% points | trimmed |
| LIC MF ELSS Tax Saver Fund ELSS · held 2.0 yrs | 1.26% | Sep 2024 | ₹606.30 | −30% | +0.10% points | added |
| Aditya Birla Sun Life Retirement Fund-The 30s Plan Retirement · held 8 mo | 1.21% | Jan 2026 | ₹471.25 | −10% | −0.54% points | held |
| ADITYA BIRLA SUN LIFE BAL BHAVISHYA YOJNA Children's · held 1.3 yrs | 1.20% | May 2025 | ₹475.95 | −11% | −0.49% points | held |
| HSBC Equity Savings Fund Equity Savings · held 1 mo | 1.20% | Aug 2026 | ₹400.45 | +5% | +1.20% points | entered |
| Mahindra Manulife Mid Cap Fund Mid Cap · held 1.6 yrs | 1.19% | Feb 2025 | ₹436.05 | −3% | −0.19% points | added |
| Invesco India Aggressive Hybrid Fund Aggressive Hybrid · held 1.9 yrs | 1.13% | Oct 2024 | ₹597.75 | −29% | −0.54% points | trimmed |
| BANDHAN Flexi Cap Fund Flexi Cap · held 1.3 yrs | 1.09% | Sep 2024 | ₹606.30 | −30% | +0.73% points | 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
−102.21% points
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
Exited: funds that held it three disclosures ago and no longer do.
| Fund | 3-mo change | Weight now | Since | Now vs entry |
|---|---|---|---|---|
| ITI Focused Fund Focused | −2.74% points | 0 · left Jul 2026 | Jan 2026 | −10% |
| Nippon India Active Momentum Fund Sectoral/ Thematic | −2.65% points | 0 · left Jul 2026 | Apr 2026 | −18% |
| Nippon India Quant Fund Sectoral/ Thematic | −2.33% points | 0 · left Jul 2026 | May 2026 | −20% |
| HSBC Large Cap Fund Large Cap | −2.25% points | 0 · left Jul 2026 | Sep 2024 | −30% |
| Sundaram Large and Midcap Fund Large & Mid Cap | −2.15% points | 0 · left Jun 2026 | Sep 2024 | −30% |
| Helios Large & Mid Cap Fund Large & Mid Cap | −1.99% points | 0 · left Jun 2026 | Oct 2024 | −29% |
| TRUSTMF Flexi Cap Fund Flexi Cap | −1.86% points | 0 · left Jun 2026 | Sep 2024 | −30% |
| Helios Balanced Advantage Fund Dynamic Asset Allocation or Balanced Advantage | −1.72% points | 0 · left Jun 2026 | Sep 2024 | −30% |
| Baroda BNP Paribas ESG Best-in-Class Strategy Fund Sectoral/ Thematic | −1.49% points | 0 · left Jun 2026 | Mar 2026 | +10% |
| HSBC Multi Cap Fund Multi Cap | −1.34% points | 0 · left Jul 2026 | Sep 2024 | −30% |
| HSBC Value Fund Value | −1.30% points | 0 · left Jul 2026 | Sep 2024 | −30% |
| Helios Flexi Cap Fund Flexi Cap | −1.30% points | 0 · left Jun 2026 | Sep 2024 | −30% |
| Sundaram Value Fund Value | −1.25% points | 0 · left May 2026 | Sep 2025 | −5% |
| Axis India Manufacturing Fund Sectoral/ Thematic | −1.20% points | 0 · left Jun 2026 | Sep 2024 | −30% |
| LIC MF Aggressive Hybrid Fund Aggressive Hybrid | −1.11% points | 0 · left Jun 2026 | Sep 2024 | −30% |
| Tata Dividend Yield Fund Dividend Yield | −1.01% points | 0 · left Jul 2026 | Jul 2025 | −19% |
| TRUSTMF MID CAP FUND Mid Cap | −1.00% points | 0 · left Jun 2026 | Apr 2026 | −18% |
| HSBC Balanced Advantage Fund Dynamic Asset Allocation or Balanced Advantage | −0.88% points | 0 · left Jul 2026 | Sep 2024 | −30% |
| Axis ELSS- Tax Saver Fund ELSS | −0.64% points | 0 · left May 2026 | Sep 2024 | −30% |
| Nippon India Multi Cap Fund Multi Cap | −0.63% points | 0 · left May 2026 | Mar 2025 | −22% |
| HSBC Aggressive Hybrid Fund Aggressive Hybrid | −0.44% points | 0 · left Jun 2026 | Sep 2024 | −30% |
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.