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 |
|---|---|---|---|---|---|---|
| Aditya Birla Sun Life Nifty Next 50 Index Fund Equity Funds · held 2.0 yrs | 2.15% | Sep 2024 | ₹606.30 | −30% | −0.72% points | added |
| ICICI Prudential Nifty Next 50 ETF Other ETFs · held 2.0 yrs | 2.15% | Sep 2024 | ₹606.30 | −30% | −0.72% points | added |
| Axis Nifty Next 50 Index Fund Equity Funds · held 2.0 yrs | 2.15% | Sep 2024 | ₹606.30 | −30% | −0.72% points | added |
| Bandhan Nifty Next 50 Index Fund Index Funds · held 1.6 yrs | 2.16% | Feb 2025 | ₹436.05 | −3% | −0.72% points | added |
| Canara Robeco Value Fund Value · held 2.0 yrs | 1.49% | Sep 2024 | ₹606.30 | −30% | −0.72% points | trimmed |
| DSP Nifty Next 50 ETF Other ETFs · held 8 mo | 2.15% | Jan 2026 | ₹471.25 | −10% | −0.72% points | added |
| DSP Nifty Next 50 Index Fund Index Funds · held 2.0 yrs | 2.15% | Sep 2024 | ₹606.30 | −30% | −0.72% points | added |
| HDFC NIFTY NEXT 50 ETF Other ETFs · held 2.0 yrs | 2.15% | Sep 2024 | ₹606.30 | −30% | −0.72% points | added |
| HSBC NIFTY NEXT 50 Index Fund Equity Funds · held 2.0 yrs | 2.16% | Sep 2024 | ₹606.30 | −30% | −0.72% points | added |
| Nippon India ETF Nifty Next 50 Junior BeES Other ETFs · held 2.0 yrs | 2.15% | Sep 2024 | ₹606.30 | −30% | −0.72% points | added |
| Groww Nifty Next 50 Index Fund Equity Funds · held 1.0 yrs | 2.15% | Sep 2025 | ₹443.70 | −5% | −0.72% points | added |
| Bajaj Finserv Nifty Next 50 Index Fund Index Funds · held 1.3 yrs | 2.16% | May 2025 | ₹475.95 | −11% | −0.73% points | added |
| Bandhan Focused Fund Focused · held 2.0 yrs | 1.67% | Sep 2024 | ₹606.30 | −30% | −0.74% 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 |
| Tata Aggressive Hybrid Fund Aggressive Hybrid · held 2.0 yrs | 1.67% | Sep 2024 | ₹606.30 | −30% | −0.76% points | held |
| Axis Multicap Fund Multi Cap · held 2.0 yrs | 0.42% | Sep 2024 | ₹606.30 | −30% | −0.77% 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 |
| Invesco India Arbitrage Fund Arbitrage · held 1.8 yrs | 0.77% | Nov 2024 | ₹621.20 | −32% | −0.80% points | trimmed |
| Navi Flexi Cap Fund Flexi Cap · held 2.0 yrs | 1.74% | Sep 2024 | ₹606.30 | −30% | −0.83% points | held |
| ICICI Prudential FMCG Fund Sectoral/ Thematic · held 1.0 yrs | 4.73% | Jul 2025 | ₹522.60 | −19% | −0.84% points | added |
| Nippon India Focused Fund Focused · held 1.2 yrs | 3.25% | Jul 2025 | ₹522.60 | −19% | −0.86% points | added |
| HSBC Flexi Cap Fund Flexi Cap · held 1.9 yrs | 0.82% | Oct 2024 | ₹597.75 | −29% | −0.91% points | trimmed |
| BANDHAN INNOVATION FUND Sectoral/ Thematic · held 2.0 yrs | 1.34% | Sep 2024 | ₹606.30 | −30% | −0.97% points | added |
| 360 ONE Focused Fund Focused · held 5 mo | 2.09% | Apr 2026 | ₹513.70 | −18% | −1.01% points | trimmed |
| Canara Robeco Consumption Fund Sectoral/ Thematic · held 2.0 yrs | 2.62% | Sep 2024 | ₹606.30 | −30% | −1.03% points | held |
| Canara Robeco Focused Fund Focused · held 1.8 yrs | 2.37% | Nov 2024 | ₹621.20 | −32% | −1.06% points | trimmed |
| Nippon India Consumption Fund Sectoral/ Thematic · held 1.1 yrs | 2.98% | Aug 2025 | ₹487.15 | −13% | −1.06% points | added |
| Tata Large & Mid Cap Fund Large & Mid Cap · held 2.0 yrs | 3.65% | Sep 2024 | ₹606.30 | −30% | −1.10% points | held |
| Mirae Asset Great Consumer Fund Sectoral/ Thematic · held 1.9 yrs | 2.71% | Oct 2024 | ₹597.75 | −29% | −1.16% points | held |
| Nippon India Innovation Fund Sectoral/ Thematic · held 1.2 yrs | 3.03% | Jul 2025 | ₹522.60 | −19% | −1.16% points | added |
| Axis Value Fund Value · held 2.0 yrs | 0.35% | Sep 2024 | ₹606.30 | −30% | −1.24% points | trimmed |
| 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 |
| Union Consumption Fund Sectoral/ Thematic · held 5 mo | 3.29% | Apr 2026 | ₹513.70 | −18% | −1.26% points | added |
| HSBC Consumption Fund Sectoral/ Thematic · held 2.0 yrs | 2.82% | Sep 2024 | ₹606.30 | −30% | −1.27% points | held |
| Motilal Oswal Consumption Fund Sectoral/ Thematic · held 11 mo | 2.49% | Oct 2025 | ₹469.65 | −10% | −1.27% points | held |
| ICICI Prudential Nifty FMCG ETF Other ETFs · held 2.0 yrs | 5.78% | Sep 2024 | ₹606.30 | −30% | −1.27% points | added |
| DSP Nifty FMCG ETF Other ETFs · held 4 mo | 5.77% | May 2026 | ₹528.00 | −20% | −1.28% points | added |
| Axis Consumption Fund Sectoral/ Thematic · held 2.0 yrs | 2.25% | Sep 2024 | ₹606.30 | −30% | −1.30% points | trimmed |
| HSBC India Export Opportunities Fund Sectoral/ Thematic · held 2.0 yrs | 1.30% | Sep 2024 | ₹606.30 | −30% | −1.61% points | trimmed |
| HDFC Consumption Fund Sectoral/ Thematic · held 6 mo | 1.78% | Mar 2026 | ₹384.10 | +10% | −1.64% points | trimmed |
| Aditya Birla Sun Life Large & Mid Cap Fund Large & Mid Cap · held 1.8 yrs | 0.46% | Nov 2024 | ₹621.20 | −32% | −1.67% points | trimmed |
| Tata India Consumer Fund Sectoral/ Thematic · held 9 mo | 3.62% | Dec 2025 | ₹489.85 | −14% | −1.73% points | held |
| Axis ELSS- Tax Saver Fund ELSS · held 1.8 yrs | 0 | Sep 2024 | ₹606.30 | −30% | — | exited May 2026 |
| Axis India Manufacturing Fund Sectoral/ Thematic · held 1.8 yrs | 0 | Sep 2024 | ₹606.30 | −30% | — | exited Jun 2026 |
| Baroda BNP Paribas ESG Best-in-Class Strategy Fund Sectoral/ Thematic · held 4 mo | 0 | Mar 2026 | ₹384.10 | +10% | — | exited Jun 2026 |
| HSBC Aggressive Hybrid Fund Aggressive Hybrid · held 1.5 yrs | 0 | Sep 2024 | ₹606.30 | −30% | — | exited Jun 2026 |
| HSBC Balanced Advantage Fund Dynamic Asset Allocation or Balanced Advantage · held 1.9 yrs | 0 | Sep 2024 | ₹606.30 | −30% | — | exited Jul 2026 |
| HSBC Large Cap Fund Large Cap · held 1.9 yrs | 0 | Sep 2024 | ₹606.30 | −30% | — | exited Jul 2026 |
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
Added: funds that held it three disclosures ago and hold more of it now.
| Fund | 3-mo change | Weight now | Since | Now vs entry |
|---|---|---|---|---|
| There is no page 9; back to the first. | ||||
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.