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 |
|---|---|---|---|---|---|---|
| Aditya Birla Sun Life Balanced Advantage Fund Dynamic Asset Allocation or Balanced Advantage · held 1.2 yrs | 0.03% | Jul 2025 | ₹522.60 | −19% | -0.01% | added |
| Tata Dividend Yield Fund Dividend Yield · held 1.1 yrs | 0 | Jul 2025 | ₹522.60 | −19% | — | exited Jul 2026 |
| Nippon India Consumption Fund Sectoral/ Thematic · held 1.1 yrs | 2.98% | Aug 2025 | ₹487.15 | −13% | -1.06% | added |
| JioBlackRock Nifty Next 50 Index Fund Equity Funds · held 1.1 yrs | 2.16% | Aug 2025 | ₹487.15 | −13% | -0.71% | added |
| SBI Large Cap Fund Large Cap · held 1.1 yrs | 1.78% | Aug 2025 | ₹487.15 | −13% | -0.64% | held |
| Bandhan Multi-Factor Fund Sectoral/ Thematic · held 3 mo | 2.20% | Sep 2025 | ₹443.70 | −5% | +2.20% | entered |
| Groww Nifty Next 50 ETF Other ETFs · held 1.0 yrs | 2.15% | Sep 2025 | ₹443.70 | −5% | -0.70% | added |
| Groww Nifty Next 50 Index Fund Equity Funds · held 1.0 yrs | 2.15% | Sep 2025 | ₹443.70 | −5% | -0.72% | added |
| Sundaram Value Fund Value · held 9 mo | 0 | Sep 2025 | ₹443.70 | −5% | — | exited May 2026 |
| Motilal Oswal Consumption Fund Sectoral/ Thematic · held 11 mo | 2.49% | Oct 2025 | ₹469.65 | −10% | -1.27% | held |
| Tata Nifty Next 50 Index Fund Index Funds · held 11 mo | 2.16% | Oct 2025 | ₹469.65 | −10% | -0.71% | added |
| ITI Flexi Cap Fund Flexi Cap · held 11 mo | 0.91% | Oct 2025 | ₹469.65 | −10% | -0.63% | trimmed |
| TRUSTMF ARBITRAGE FUND Arbitrage · held 6 mo | 0.57% | Oct 2025 | ₹469.65 | −10% | +0.57% | entered |
| Nippon India Large Cap Fund Large Cap · held 11 mo | 0.44% | Oct 2025 | ₹469.65 | −10% | -0.07% | added |
| Motilal Oswal Nifty 100 ETF Other ETFs · held 11 mo | 0.40% | Oct 2025 | ₹469.65 | −10% | -0.14% | added |
| Nippon India Vision Large & Mid Cap Fund Large & Mid Cap · held 10 mo | 1.32% | Nov 2025 | ₹481.55 | −12% | -0.58% | held |
| UTI ELSS Tax Saver Fund ELSS · held 10 mo | 1.32% | Nov 2025 | ₹481.55 | −12% | +0.02% | added |
| LIC MF Consumption Fund Sectoral/ Thematic · held 7 mo | 1.00% | Nov 2025 | ₹481.55 | −12% | +1.00% | entered |
| UTI Value Fund Value · held 10 mo | 0.94% | Nov 2025 | ₹481.55 | −12% | -0.07% | added |
| DSP MSCI INDIA ETF Other ETFs · held 10 mo | 0.38% | Nov 2025 | ₹481.55 | −12% | -0.14% | trimmed |
| UTI Conservative Hybrid Fund Conservative Hybrid · held 10 mo | 0.24% | Nov 2025 | ₹481.55 | −12% | -0.03% | added |
| Tata India Consumer Fund Sectoral/ Thematic · held 9 mo | 3.62% | Dec 2025 | ₹489.85 | −14% | -1.73% | held |
| Groww Nifty Non-Cyclical Consumer Index Fund Equity Funds · held 8 mo | 2.52% | Dec 2025 | ₹489.85 | −14% | -0.64% | trimmed |
| Tata BSE Multicap Consumption 50 30 20 Index Fund Index Funds · held 9 mo | 1.02% | Dec 2025 | ₹489.85 | −14% | -0.37% | trimmed |
| Quant Multi Asset Allocation Fund Multi Asset Allocation · held 9 mo | 0.43% | Dec 2025 | ₹489.85 | −14% | -0.23% | held |
| DSP Nifty Next 50 ETF Other ETFs · held 8 mo | 2.15% | Jan 2026 | ₹471.25 | −10% | -0.72% | added |
| Nippon India Retirement Fund- Wealth Creation Scheme Retirement · held 8 mo | 1.66% | Jan 2026 | ₹471.25 | −10% | -0.25% | added |
| Aditya Birla Sun Life Retirement Fund-The 30s Plan Retirement · held 8 mo | 1.21% | Jan 2026 | ₹471.25 | −10% | -0.54% | held |
| DSP Nifty 500 Index Fund Index Funds · held 8 mo | 0.27% | Jan 2026 | ₹471.25 | −10% | -0.10% | added |
| ICICI Prudential Equity Savings Fund Equity Savings · held 8 mo | 0.03% | Jan 2026 | ₹471.25 | −10% | -0.01% | held |
| ITI Focused Fund Focused · held 7 mo | 0 | Jan 2026 | ₹471.25 | −10% | — | exited Jul 2026 |
| HDFC Nifty India Consumption Index Fund Index Funds · held 7 mo | 1.60% | Feb 2026 | ₹451.40 | −7% | -0.63% | trimmed |
| Mahindra Manulife Innovation Opportunities Fund Sectoral/ Thematic · held 7 mo | 1.38% | Feb 2026 | ₹451.40 | −7% | -0.35% | added |
| JioBlackRock Sector Rotation Fund Sectoral/ Thematic · held 7 mo | 0.42% | Feb 2026 | ₹451.40 | −7% | -0.20% | trimmed |
| Parag Parikh Large Cap Fund Large Cap · held 7 mo | 0.40% | Feb 2026 | ₹451.40 | −7% | -0.14% | added |
| Aditya Birla Sun Life MSCI India ETF Equity ETF · held 7 mo | 0.38% | Feb 2026 | ₹451.40 | −7% | -0.14% | added |
| HDFC Consumption Fund Sectoral/ Thematic · held 6 mo | 1.78% | Mar 2026 | ₹384.10 | +10% | -1.64% | trimmed |
| Baroda BNP Paribas ESG Best-in-Class Strategy Fund Sectoral/ Thematic · held 4 mo | 0 | Mar 2026 | ₹384.10 | +10% | — | exited Jun 2026 |
| Union Consumption Fund Sectoral/ Thematic · held 5 mo | 3.29% | Apr 2026 | ₹513.70 | −18% | -1.26% | added |
| 360 ONE Focused Fund Focused · held 5 mo | 2.09% | Apr 2026 | ₹513.70 | −18% | -1.01% | trimmed |
| 360 ONE Flexicap Fund Flexi Cap · held 5 mo | 1.46% | Apr 2026 | ₹513.70 | −18% | -0.66% | held |
| SBI Quality Fund Sectoral/ Thematic · held 5 mo | 1.31% | Apr 2026 | ₹513.70 | −18% | -0.65% | trimmed |
| 360 ONE Balanced Hybrid Fund Balanced Hybrid · held 5 mo | 0.88% | Apr 2026 | ₹513.70 | −18% | -0.26% | held |
| Canara Robeco Mid Cap Fund Mid Cap · held 5 mo | 0.84% | Apr 2026 | ₹513.70 | −18% | -0.42% | held |
| Nippon India Value Fund Value · held 5 mo | 0.62% | Apr 2026 | ₹513.70 | −18% | -0.22% | held |
| 360 ONE Multi Asset Allocation Fund Multi Asset Allocation · held 5 mo | 0.49% | Apr 2026 | ₹513.70 | −18% | -0.11% | added |
| Nippon India Active Momentum Fund Sectoral/ Thematic · held 4 mo | 0 | Apr 2026 | ₹513.70 | −18% | — | exited Jul 2026 |
| TRUSTMF MID CAP FUND Mid Cap · held 3 mo | 0 | Apr 2026 | ₹513.70 | −18% | — | exited Jun 2026 |
| DSP Nifty FMCG ETF Other ETFs · held 4 mo | 5.77% | May 2026 | ₹528.00 | −20% | -1.28% | added |
| SBI FLEXICAP FUND Flexi Cap · held 4 mo | 1.78% | May 2026 | ₹528.00 | −20% | +0.66% | 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
−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
Added: funds that held it three disclosures ago and hold more of it now.
| Fund | 3-mo change | Weight now | Since | Now vs entry |
|---|---|---|---|---|
| HSBC Arbitrage Fund Arbitrage | +1.33% | 1.64% | Jan 2025 | −21% |
| DSP Nifty FMCG ETF Other ETFs | -1.28% | 5.77% | May 2026 | −20% |
| ICICI Prudential Nifty FMCG ETF Other ETFs | -1.27% | 5.78% | Sep 2024 | −30% |
| Union Consumption Fund Sectoral/ Thematic | -1.26% | 3.29% | Apr 2026 | −18% |
| Nippon India Innovation Fund Sectoral/ Thematic | -1.16% | 3.03% | Jul 2025 | −19% |
| Nippon India Consumption Fund Sectoral/ Thematic | -1.06% | 2.98% | Aug 2025 | −13% |
| BANDHAN INNOVATION FUND Sectoral/ Thematic | -0.97% | 1.34% | Sep 2024 | −30% |
| Nippon India Focused Fund Focused | -0.86% | 3.25% | Jul 2025 | −19% |
| ICICI Prudential FMCG Fund Sectoral/ Thematic | -0.84% | 4.73% | Jul 2025 | −19% |
| Nippon India ETF BSE Sensex Next 50 Other ETFs | -0.77% | 1.91% | Sep 2024 | −30% |
| BANDHAN Flexi Cap Fund Flexi Cap | +0.73% | 1.09% | Sep 2024 | −30% |
| Bajaj Finserv Nifty Next 50 Index Fund Index Funds | -0.73% | 2.16% | May 2025 | −11% |
| Groww Nifty Next 50 Index Fund Equity Funds | -0.72% | 2.15% | Sep 2025 | −5% |
| Nippon India ETF Nifty Next 50 Junior BeES Other ETFs | -0.72% | 2.15% | Sep 2024 | −30% |
| DSP Nifty Next 50 Index Fund Index Funds | -0.72% | 2.15% | Sep 2024 | −30% |
| Axis Nifty Next 50 Index Fund Equity Funds | -0.72% | 2.15% | Sep 2024 | −30% |
| HDFC NIFTY NEXT 50 ETF Other ETFs | -0.72% | 2.15% | Sep 2024 | −30% |
| HSBC NIFTY NEXT 50 Index Fund Equity Funds | -0.72% | 2.16% | Sep 2024 | −30% |
| Bandhan Nifty Next 50 Index Fund Index Funds | -0.72% | 2.16% | Feb 2025 | −3% |
| DSP Nifty Next 50 ETF Other ETFs | -0.72% | 2.15% | Jan 2026 | −10% |
| ICICI Prudential Nifty Next 50 ETF Other ETFs | -0.72% | 2.15% | Sep 2024 | −30% |
| Aditya Birla Sun Life Nifty Next 50 Index Fund Equity Funds | -0.72% | 2.15% | Sep 2024 | −30% |
| ICICI Prudential Nifty Next 50 Index Fund Index Funds | -0.72% | 2.15% | Sep 2024 | −30% |
| Mirae Asset Nifty Next 50 ETF Equity ETF | -0.71% | 2.15% | Sep 2024 | −30% |
| JioBlackRock Nifty Next 50 Index Fund Equity Funds | -0.71% | 2.16% | Aug 2025 | −13% |
| SBI Nifty Next 50 ETF Other ETFs | -0.71% | 2.15% | Sep 2024 | −30% |
| UTI - Nifty Next 50 Exchange Traded Fund Equity ETF | -0.71% | 2.15% | Sep 2024 | −30% |
| UTI - Nifty Next 50 Index Fund Equity Funds | -0.71% | 2.16% | Sep 2024 | −30% |
| Motilal Oswal Nifty Next 50 Index Fund Index Funds | -0.71% | 2.16% | Sep 2024 | −30% |
| SBI Nifty Next 50 Index Fund Index Funds | -0.71% | 2.16% | Sep 2024 | −30% |
| Navi Nifty Next 50 Index Fund Index Funds | -0.71% | 2.16% | Sep 2024 | −30% |
| Motilal Oswal Nifty Next 50 ETF Other ETFs | -0.71% | 2.15% | May 2025 | −11% |
| Nippon India BSE Sensex Next 30 ETF Other ETFs | -0.71% | 2.05% | Jun 2025 | −8% |
| Tata Nifty Next 50 Index Fund Index Funds | -0.71% | 2.16% | Oct 2025 | −10% |
| DSP BSE SENSEX Next 30 Index Fund Index Funds | -0.70% | 2.05% | Jan 2025 | −21% |
| Nippon India BSE Sensex Next 30 Index Fund Index Funds | -0.70% | 2.06% | Jun 2025 | −8% |
| Groww Nifty Next 50 ETF Other ETFs | -0.70% | 2.15% | Sep 2025 | −5% |
| LIC MF Nifty Next 50 Index Fund Index Funds | -0.68% | 2.19% | Sep 2024 | −30% |
| SBI FLEXICAP FUND Flexi Cap | +0.66% | 1.78% | May 2026 | −20% |
| Aditya Birla Sun Life Special Opportunities Fund Sectoral/ Thematic | +0.61% | 1.51% | May 2025 | −11% |
| Sundaram Consumption Fund (Formerly Known as Sundaram Rural and Consumption Fund) Sectoral/ Thematic | +0.55% | 3.03% | Sep 2024 | −30% |
| Aditya Birla Sun Life ELSS Tax Saver Fund ELSS | -0.50% | 1.66% | Jul 2025 | −19% |
| BANDHAN LARGE CAP FUND Large Cap | -0.45% | 1.08% | Sep 2024 | −30% |
| Union Retirement Fund Retirement | +0.40% | 0.93% | Sep 2024 | −30% |
| Nippon India Multi Asset Allocation Fund Multi Asset Allocation | -0.35% | 0.98% | Sep 2024 | −30% |
| Mahindra Manulife Innovation Opportunities Fund Sectoral/ Thematic | -0.35% | 1.38% | Feb 2026 | −7% |
| Nippon India Arbitrage Fund Arbitrage | +0.29% | 0.40% | Dec 2024 | −34% |
| UTI - India Consumer Fund Sectoral/ Thematic | -0.26% | 1.45% | Nov 2024 | −32% |
| Nippon India Retirement Fund- Wealth Creation Scheme Retirement | -0.25% | 1.66% | Jan 2026 | −10% |
| ITI Arbitrage Fund Arbitrage | +0.23% | 2.92% | Jan 2025 | −21% |
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.