SBI Mutual Fund Portfolio Holdings: Top Stocks and Market Impact

SBI Mutual Fund, the largest fund house based on the assets managed, had an AUM of Rs 12.80 lakh crore as of May 31, 2026, with a significant allocation in top stocks.

Top 10 Stock Holdings of SBI Mutual Fund in May

The fund house had a significant allocation in HDFC Bank, with around 6.8% of its portfolio in the stock. However, around 94.53 lakh shares of HDFC Bank were sold out from the portfolio, leading to a decline in weight by 0.4% from the previous month.

HDFC Bank: A Key Holding in SBI Mutual Fund’s Portfolio

The fund house also had a significant allocation in ICICI Bank, with around 6.4% of its portfolio in the stock. Around 1.89 crore shares of ICICI Bank were added to the portfolio, leading to an increase in weight by 0.2% compared to the previous month.

Market Impact: Key Stocks and Their Allocations

RIL was another key holding in SBI Mutual Fund’s portfolio, with an allocation of 5.3% in May. Around 1.10 crore shares of RIL were added to the portfolio, leading to a decline in weight by 0.3% compared to the previous month.
SBI was allocated 3.5% of the fund house’s portfolio, with around 97.70 lakh shares sold out from the portfolio, leading to a decline in weight by 0.5% compared to the previous month.
Bharti Airtel was allocated 3.4% of the fund house’s portfolio, with 35.11 lakh shares added to the portfolio, leading to a decline in weight by 0.1% compared to the previous month.
L&T was allocated 3% of the fund house’s portfolio, with around 9.86 lakh shares added to the portfolio, leading to an increase in weight by 0.1% compared to the previous month.
Kotak Mahindra Bank was allocated 2.8% of the fund house’s portfolio, with around 1.20 crore shares added to the portfolio, while Axis Bank was allocated 2.5%, with around 47.30 lakh shares sold out from the portfolio.
Infosys was allocated 2.3% of the fund house’s portfolio, with around 11.68 lakh shares sold out from the portfolio, while Bajaj Finance was allocated 1.6%, with around 40.16 lakh shares added to the portfolio.

Key Takeaways

SBI Mutual Fund had an AUM of Rs 12.80 lakh crore as of May 31, 2026.
The fund house had a significant allocation in top stocks, including HDFC Bank, ICICI Bank, RIL, SBI, Bharti Airtel, L&T, Kotak Mahindra Bank, Axis Bank, Infosys, and Bajaj Finance.
The fund house made significant changes to its portfolio in May, with additions and deletions in various stocks.

FAQs

What is the AUM of SBI Mutual Fund as of May 31, 2026?

The AUM of SBI Mutual Fund as of May 31, 2026, is Rs 12.80 lakh crore.

Which stocks have the highest allocation in SBI Mutual Fund’s portfolio?

The stocks with the highest allocation in SBI Mutual Fund’s portfolio include HDFC Bank, ICICI Bank, RIL, SBI, Bharti Airtel, L&T, Kotak Mahindra Bank, Axis Bank, Infosys, and Bajaj Finance.

What changes were made to SBI Mutual Fund’s portfolio in May?

The fund house made significant changes to its portfolio in May, with additions and deletions in various stocks, including HDFC Bank, ICICI Bank, RIL, SBI, Bharti Airtel, L&T, Kotak Mahindra Bank, Axis Bank, Infosys, and Bajaj Finance.

Conclusion

SBI Mutual Fund’s portfolio is a closely watched indicator of the market’s performance, and the changes made to its portfolio in May are significant. The fund house’s allocation in top stocks, including HDFC Bank, ICICI Bank, RIL, SBI, Bharti Airtel, L&T, Kotak Mahindra Bank, Axis Bank, Infosys, and Bajaj Finance, is a key factor to watch in the coming months. As the market continues to evolve, it will be interesting to see how SBI Mutual Fund’s portfolio adapts to the changing landscape.