MAZAGON DOCK SHIPBUIL LTD·DEFENCE 64.44HEAVY MACHINERY 54.92SHIPBUILDING & ALLIED 61.18·Industrial Manufacturing Companies

Price

1,922.3

-3.77%
O:1940
H:1945
L:1865
C:1922.3

52W Range

18652881.8
+3%/-33%

Market Cap

₹77,541.74 Cr

Traded: ₹335.00 Cr (0.43%) 0.0x

Free Float: ₹9,266.24 Cr (3.62% of FF traded)

Volume · 60D trend

17.57 L 0.0x

Delivery: % 0.0x

View Delivery Data

Returns

1W:+0% 1M:-7% 3M:-25% 6M:-24% 12M:-20%

RS Score

SEEM
NOUS
BNF
SMA Score

Create a free account to unlock your edge

Scanners, market pulse, FII/DII data, and TradingView charts — free forever

Sign up — it's free

Valuation

P/E27.1
P/B8.0
P/S5.8
EV/EBIT53.7

Business Strength

ROE34.0%
ROCE43.2%
OPM17.4%
NPM19.8%

Growth (3Y CAGR)

EPS+7.0%
Sales+18.0%
Profit+32.0%
3Y Return+88.0%

Balance Sheet

Debt/Equity0.0
Debt440 Cr
Pledge0.0%
CWIP/Fixed Asset11.8%

Cash Position

CFO/NP-112.1%
FCF-3,365 Cr
FCF 3Y Avg-1,419 Cr
Cash/MCap14.0%

Others

Div Yield0.4%
Div Payout30.0%
Cash Conv. Cycle-21 days
Tradeable Free Float11.9%
MAZDOCK1,922.3 -3.77% NSEBSEF&O20% 27 Oct
NOUS
BNF
MCap77.5K Cr
Vol17.57 L
RVol
Del%
TVal335 Cr
RS
SEEM

MTF Exposure Trend

60 sessions · funded amount, % of FF, daily delta

Current
₹ 870.08 Cr
9.39% FF
60d high
₹ 976.48 Cr
60d low
₹ 809.45 Cr
60d mean
₹ 895.81 Cr
vs mean
▼ 2.87%

Growth Trends

Metric10Y5Y3Y1YTTMTrend
ROE
+26.0%
+30.0%
+32.0%
--
--
Accelerating
Return
--
+90.0%
+88.0%
-13.0%
--
Decelerating
Sales
+12.0%
+26.0%
+18.0%
--
+14.0%
Decelerating
Profit
+16.0%
+34.0%
+32.0%
--
+7.0%
Decelerating

Quarterly Results

Jun 2026

30 Jul
Rev
▼2.9K Cr
----
OPM15.0%
NPM--
PAT
--▼550 Cr
EPS
--▼13.6

Mar 2026

30 Apr
Rev
▲3.9K Cr
+21% YoY+7% QoQ
OPM14.0%
NPM17.5%
PAT
+109% YoY▼674 Cr
EPS
+109% YoY▼16.8

Dec 2025

5 Feb
Rev
▲3.6K Cr
+15% YoY+23% QoQ
OPM25.0%
NPM24.4%
PAT
+9% YoY▲880 Cr
EPS
+9% YoY▲21.8

Sep 2025

PDF
Rev
▲2.9K Cr
+6% YoY+12% QoQ
OPM24.0%
NPM25.6%
PAT
+28% YoY▲749 Cr
EPS
+28% YoY▲18.6

Jun 2025

PDF
Rev
▼2.6K Cr
+11% YoY-17% QoQ
OPM11.0%
NPM17.2%
PAT
-35% YoY▲452 Cr
EPS
-35% YoY▲11.2

Mar 2025

PDF
Rev
▲3.2K Cr
+2% YoY+1% QoQ
OPM3.8%
NPM10.2%
PAT
-51% YoY▼325 Cr
EPS
-51% YoY▼8.1

Dec 2024

PDF
Rev
▲3.1K Cr
+33% YoY+14% QoQ
OPM26.0%
NPM25.7%
PAT
+29% YoY▲807 Cr
EPS
+29% YoY▲20.0

Sep 2024

PDF
Rev
▲2.8K Cr
+51% YoY+17% QoQ
OPM19.0%
NPM21.2%
PAT
+76% YoY▼585 Cr
EPS
+76% YoY▼14.5

Jun 2024

PDF
Rev
▼2.4K Cr
+8% YoY-24% QoQ
OPM27.0%
NPM29.5%
PAT
+121% YoY▲696 Cr
EPS
+122% YoY▲17.3

Mar 2024

PDF
Rev
▲3.1K Cr
+49% YoY+31% QoQ
OPM17.0%
NPM21.4%
PAT
+103% YoY▲663 Cr
EPS
+103% YoY▲16.4

Dec 2023

PDF
Rev
▲2.4K Cr
+30% YoY+29% QoQ
OPM23.0%
NPM26.6%
PAT
+77% YoY▲627 Cr
EPS
+77% YoY▲15.5

Sep 2023

PDF
Rev
▼1.8K Cr
+7% YoY-16% QoQ
OPM10.0%
NPM18.2%
PAT
+56% YoY▲333 Cr
EPS
+56% YoY▲8.3

Jun 2023

PDF
Rev
▲2.2K Cr
-3% YoY+5% QoQ
OPM8.0%
NPM14.4%
PAT
+40% YoY▼314 Cr
EPS
--▼7.8

Mar 2023

Rev
▲2.1K Cr
+49% YoY+14% QoQ
OPM10.0%
NPM15.7%
PAT
+105% YoY▼326 Cr
EPS
--▼8.1

Dec 2022

Rev
▲1.8K Cr
--+7% QoQ
OPM16.0%
NPM19.5%
PAT
+65% YoY▲354 Cr
EPS
--▲8.8

Sep 2022

Rev
1.7K Cr
----
OPM7.0%
NPM12.6%
PAT
+58% YoY214 Cr
EPS
--5.3

Revenue & Margin Trends

Annual

Quarterly

Balance Sheet Health

Leverage

Debt / Equity0.05
Interest Coverage-11.8x
Promoter Pledge0.0%
Borrowings447 Cr

Efficiency

Receivable Days73 days
Inventory Days130 days
Payable Days224 days
Cash Conversion cycle-21 days

Cash Position

Operating Cash Flow-2.9K Cr
Investing Cash Flow1.2K Cr
Financing Cash Flow-738 Cr
Free Cash Flow-3.4K Cr

Detailed Financials

Jun 2026PDF ↗
Mar 2026PDF ↗
Dec 2025PDF ↗
Sep 2025PDF ↗
Jun 2025PDF ↗
Mar 2025PDF ↗
Dec 2024PDF ↗
Sep 2024PDF ↗
Jun 2024PDF ↗
Mar 2024PDF ↗
Dec 2023PDF ↗
Sep 2023PDF ↗
Jun 2023PDF ↗
Mar 2023
Dec 2022
Sep 2022
Sales2,9433,8503,6012,9292,6263,1743,1442,7572,3573,1042,3621,8282,1732,0791,8161,702
Expenses2,4963,3082,7142,2352,3243,0552,3272,2461,7152,5801,8231,6512,0011,8681,5201,585
Operating Profit447543887695302119817511642524539177172211296118
Other Income313283262271324287291258271349269251233211176164
Interest4410683585511111211
Depreciation29232324232940232323202020201818
Profit Before Tax6867931,1209345673701,063740889849786407383400452261
Tax %25.0%20.0%25.0%24.0%26.0%21.0%28.0%25.0%25.0%26.0%25.0%25.0%25.0%26.0%25.0%25.0%
Net Profit550674880749452325807585696663627333314326354214
Exceptional Items--------------------------------
EPS (Rs)13.616.821.818.611.28.120.014.517.316.415.58.37.88.18.85.3
Sales Growth (YoY)--21.3%14.6%6.3%11.4%2.3%33.1%50.8%8.5%49.3%30.1%7.4%-2.6%48.9%----
Sales Growth (QoQ)--6.9%22.9%11.5%-17.3%0.9%14.0%17.0%-24.1%31.4%29.2%-15.9%4.5%14.5%6.7%--
OP Growth (YoY)48.0%356.3%8.6%36.0%-53.0%-77.3%51.6%188.7%273.3%148.3%82.1%50.0%--------
OP Growth (QoQ)-17.7%-38.8%27.6%130.1%153.8%-85.4%59.9%-20.4%22.5%-2.8%204.5%2.9%-18.5%-28.7%150.8%--
Profit Growth (YoY)--109.0%9.0%28.0%-35.0%-51.0%29.0%76.0%121.0%103.0%77.0%56.0%40.0%105.0%65.0%58.0%
EPS Growth (YoY)--108.9%9.0%28.1%-35.0%-50.9%28.8%75.8%121.6%103.1%77.0%55.7%--------
EPS Growth (QoQ)---22.8%17.4%65.7%39.1%-59.7%38.0%-16.0%5.0%5.7%88.4%5.9%-3.7%-7.9%65.7%--
OP Margin--14.1%24.6%23.7%11.5%3.8%26.0%18.5%27.2%16.9%22.8%9.7%7.9%10.2%16.3%6.9%
Net Margin--17.5%24.4%25.6%17.2%10.2%25.7%21.2%29.5%21.4%26.6%18.2%14.4%15.7%19.5%12.6%
Material Cost %53.0%62.0%58.0%58.0%42.0%45.0%42.0%62.0%47.0%56.0%42.0%51.0%66.0%66.0%42.0%58.0%
Employee Cost %10.0%6.0%7.0%8.0%10.0%9.0%8.0%8.0%10.0%7.0%9.0%13.0%10.0%10.0%11.0%12.0%
P/S5.827.198.947.56------------------------
P/E27.1333.8945.8138.45------------------------
P/B7.959.5912.3710.07------------------------

Shareholding Pattern

Shareholders:8.1L (+392.5%)
Current MixMar 2026

Exchange Filings

50
Board Meeting22 Oct 2026

Mazagon Dock Shipbuilders Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 27/10/2026 ,inter alia, to consider and approve the Unaudited Financial ....

Company Update23 Sept 2026

Mazagon Dock Shipbuilders Limited has informed the Exchange about Investor Presentation

Company Update23 Sept 2026

Mazagon Dock Shipbuilders Limited has informed the Exchange regarding extension of tenure of Shri Biju George as Director (Operations) of the company.

Company Update21 Sept 2026

Mazagon Dock Shipbuilders Limited has informed the Exchange about Schedule of Investors meet

Company Update18 Sept 2026

Mazagon Dock Shipbuilders Limited has informed the Exchange regarding signing of MOU with National Shipbuilding & Heavy Industries Park Andhra Pradesh (NSHIPAP).

Company Update16 Sept 2026

Mazagon Dock Shipbuilders Limited has informed the Exchange regarding signing of MOU with National Shipbuilding & Heavy Industries Park Maharashtra Limited (NSHIPML).

Company Update08 Sept 2026

Mazagon Dock Shipbuilders Limited has informed the Exchange regarding appointment of M/s. Sarda & Pareek LLP, Chartered Accountants as the Statutory Auditors of the Company for the financial ....

Company Update07 Sept 2026

Mazagon Dock Shipbuilders Limited has informed the Exchange regarding appointment of Mr. K M Ravikumar as Non-Executive Independent Director of the Company w.e.f. 07.09.2026.

Company Update04 Sept 2026

Mazagon Dock Shipbuilders Limited has informed the Exchange about receipt of an order from MSETCL for AI based comprehensive Infrasecure Project.

AGM/EGM28 Aug 2026

Mazagon Dock Shipbuilders Limited has submitted the Exchange a copy of Scrutinizers report of 93rd Annual General Meeting held on 27 August 2026. Further, the Company has informed the Exchange ....

AGM/EGM27 Aug 2026

Mazagon Dock Shipbuilders Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on 27 August 2026.

Company Update24 Aug 2026

This is to inform that, Ministry of Defence has appointed Shri K. M. Ravi Kumar as Part-time Non-official (Independent) Director on the Board of the Company w.e.f. date of activation of DIN.

Corp. Action11 Aug 2026

Mazagon Dock Shipbuilders Limited has informed the Exchange that Record Date for the purpose of Final Dividend for the Financial Year 2025-26 is 20 August 2026.

Others04 Aug 2026

This is to inform that the Annual Report for the Financial Year 2025-26 is attached herewith.

Others04 Aug 2026

This is to inform that the Business Responsibility and Sustainability Report for the Financial Year 2025-26 is attached herewith.

AGM/EGM04 Aug 2026

Mazagon Dock Shipbuilders Limited has informed the Exchange regarding notice of the 93rd Annual General Meeting to be held on 27 August 2026.

Board Meeting24 Jul 2026

Mazagon Dock Shipbuilders Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/07/2026 ,inter alia, to consider and approve the unaudited Financial ....

Company Update11 Jul 2026

Mazagon Dock Shipbuilders Limited has informed the Exchange regarding a press release dated July 11, 2026, titled "A New Sentinel for the Seas: INS Mahendragiri Commissioned into the Indian Navy".

Company Update03 Jul 2026

This is to inform about the changes in Senior Management of the company due to internal promotions.

Insider Trading / SAST25 Jun 2026

This is to inform that, the trading window for dealing in securities of the Company by Designated persons and their immediate relatives, shall remain close w.e.f. 01.07.2026 till the end ....

Company Update15 Jun 2026

This is to inform about a change in Senior Management of the company due to Internal Promotion.

Company Update04 May 2026

Copy of Newspaper Publication of Audited Financial Results (Standalone & Consolidated) for the quarter and year ended 31 March 2026 is attached herewith.

Board Meeting30 Apr 2026

The Board of Directors of the Company, at its meeting held on 30 April 2026, has inter alia: i. approved the Audited Financial Results (Consolidated and Standalone) for the quarter and ....

Company Update30 Apr 2026

Mazagon Dock Shipbuilders Limited has informed the Exchange regarding appointment of Shri. Dinesh Mahur as a Government Nominee Director of the Company in place of Shri. Rajeev Prakash.

Company Update30 Apr 2026

The Corporate Investor Presentation for the quarter and year ended 31 March 2026 is attached herewith.

Board Meeting27 Apr 2026

Mazagon Dock Shipbuilders Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/04/2026 ,inter alia, to consider and approve The Audited Financial ....

Company Update20 Apr 2026

Mazagon Dock Shipbuilders Limited has informed the exchange regarding cessation of Dr. Vivek Atul Bhuskute & Smt. Veni Thapar as Independent Directors of the company w.e.f. April 21, 2026 ....

Company Update03 Apr 2026

Mazagon Dock Shipbuilders Limited has informed the Exchange regarding a press release dated April 03, 2026, titled "Strengthening Maritime Prowess: INS Taragiri Commissioned into the Indian Navy".

Company Update27 Mar 2026

This is to inform that the company has concluded further acquisition of 3,66,49,271 fully paid ordinary shares in CDPLC through Mandatory Offer, resulting in total acquisition of 51% stake as on date.

Insider Trading / SAST26 Mar 2026

This is to inform that, the trading window for dealing in securities of the Company by the Designated Persons and their immediate relatives shall remain close w.e.f. 01.04.2026 till the ....

Company Update18 Mar 2026

This is to inform that Mazagon Dock Shipbuilders Limited (MDL) has entered into a contract with Shipping Corporation of India Limited (SCI) for the construction and sale of one 3000 DWT ....

Company Update10 Mar 2026

Presentation for Analysts/ Institutional Investors meeting organized by Antique Stock Broking Limited on 11.03.2026 is attached herewith.

Company Update06 Mar 2026

With reference to the subject line, the clarification by the Company is attached herewith.

Company Update06 Mar 2026

The Exchange has sought clarification from Mazagon Dock Shipbuilders Ltd on March 6, 2026, with reference to Movement in Volume.<BR><BR>The reply is awaited.

BSE
Company Update06 Mar 2026

This is to inform that, Management of the Company will be meeting Analyst or Institutional Investors in the form of one-to-one meeting or group meeting organized by Antique Stock Broking ....

Company Update05 Mar 2026

The Exchange has sought clarification from Mazagon Dock Shipbuilders Ltd on March 5, 2026, with reference to news appeared in https://www.businesstoday.in/ dated March 5, 2026 quoting "Mazagon ....

BSE
Others05 Mar 2026

Clarification with reference to the news appeared in the Business Today dated 05.03.2026 is submitted herewith.

Company Update23 Feb 2026

This is to inform that, Shri. Dattaprasad Kholkar (DIN: 10054086) ceases to be an Independent Director on Board of the Company w.e.f. 23.02.2026 on completion of his tenure of 3 years.

Company Update09 Feb 2026

This is to inform that the Unaudited Financial Results (Standalone and Consolidated) of the Company, for the quarter and period ended on 31.12.2025 have been published in the English (Business ....

Corp. Action06 Feb 2026

This is to inform that, the Company has fixed Friday, 13 February 2026 as the Record date for the payment of 2nd Interim Dividend for the FY 2025-26.

Corp Action05 Feb 2026

Communication with respect to Tax Deduction at Source (TDS) on 2nd Interim Dividend for the FY 2025-26 is attached herewith.

Company Update05 Feb 2026

Corporate Investors Presentation on Company''s Performance for the period ended on 31 December 2025 is attached herewith.

Board Meeting05 Feb 2026

This is to inform that pursuant to Regulation 30, Regulation 33 and other applicable provisions of the SEBI (LODR) Regulations, 2015, this is to update that the Board of Directors of Mazagon ....

Board Meeting02 Feb 2026

Mazagon Dock Shipbuilders Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 05/02/2026 ,inter alia, to consider and approve the Unaudited Financial ....

Company Update29 Jan 2026

In furtherance to our earlier disclosure dated 23 January 2026 regarding resignation of Shri Chandu Sambasiva Rao, Independent Director, copy of resignation letter along with other details ....

Company Update23 Jan 2026

Mazagon Dock Shipbuilders Limited has informed the exchange regarding the resignation of Shri. Chandu Sambasiva Rao as Independent Director of the company w.e.f January 23, 2026.

Company Update21 Jan 2026

Furtherance to our earlier disclosure dated 27th June, 2025 on the captioned subject, this is to update that Mazagon Dock Shipbuilders Limited has recently concluded the acquisition of ....

Others12 Jan 2026

Clarification with reference to the news appeared in the Business Standard dated 08.01.2026 is submitted herewith.

Company Update09 Jan 2026

The Exchange has sought clarification from Mazagon Dock Shipbuilders Ltd on January 09, 2026, with reference to news appeared in https://www.business-standard.com dated January 09, 2026 ....

BSE
Company Update31 Dec 2025

This is to inform about a change in Senior Management of the Company.

Annual Reports

5

2025

2024

2023

2022

2021

Credit Ratings

4
fitchRating update
21 Aug 2025Report
fitchRating update
28 May 2024Report
fitchRating update
13 Mar 2023Report
crisilRating update
12 Oct 2015Report

Concalls

28

Feb 2026

28 Feb 2026

Nov 2025

30 Nov 2025

Jul 2025

31 Jul 2025

Jun 2025

30 Jun 2025

Feb 2025

28 Feb 2025

Nov 2024

30 Nov 2024

Aug 2024

31 Aug 2024

Jun 2024

30 Jun 2024

Jun 2024

30 Jun 2024

Jun 2024

30 Jun 2024

May 2024

31 May 2024

Feb 2024

29 Feb 2024

Nov 2023

30 Nov 2023

Aug 2023

31 Aug 2023

Jun 2023

30 Jun 2023

May 2023

31 May 2023

Apr 2023

30 Apr 2023

Apr 2023

30 Apr 2023

Mar 2023

31 Mar 2023

Mar 2023

31 Mar 2023

Jan 2023

31 Jan 2023

Jan 2023

31 Jan 2023

Nov 2022

30 Nov 2022

Aug 2022

31 Aug 2022

Feb 2022

28 Feb 2022

Nov 2021

30 Nov 2021

Sep 2021

30 Sept 2021

Jun 2021

30 Jun 2021

Held by ETFs

38 ETFs hold MAZDOCK · sorted by weight

#ETFWeight %
1

DEFENCE

MIRAEAMC - DEFENCE

4.51%
2

GROWWDEFNC

GROWWAMC - GROWWDEFNC

3.98%
3

MODEFENCE

MOTILALAMC - MODEFENCE

3.98%
4

MOQUALITY

MOTILALAMC - MOQUALITY

1.68%
5

QUALITY30

KOTAKMAMC - QUALITY30

1.60%
6

SBIETFQLTY

SBIAMC - SBIETFQLTY

1.60%
7

NIFTYQLITY

BIRLASLAMC - NIFTYQLITY

1.60%
8

HDFCQUAL

HDFCAMC - HDFCQUAL

1.56%
9

NIFTY100EW

KOTAKMAMC - NIFTY100EW

0.99%
10

JUNIORBEES

NIP IND ETF JUNIOR BEES

0.66%
11

NEXT50BETA

UTIAMC-NEXT50BETA

0.66%
12

NEXT50ADD

DSPAMC - NEXT50ADD

0.66%
13

NEXT50ETF

KOTAKMAMC - NEXT50ETF

0.66%
14

SETFNN50

SBI-ETF NIFTY NEXT 50

0.66%
15

MONEXT50

MOTILALAMC - MONEXT50

0.66%
16

NEXT50IETF

ICICIPRAMC - ICICINXT50

0.66%
17

NEXT50

MIRAEAMC - MANXT50

0.66%
18

ABSLNN50ET

BIRLASLAMC - ABSLNN50ET

0.66%
19

GROWWNXT50

GROWWAMC - GROWWNXT50

0.66%
20

ENEXT50

EDELAMC - ENEXT50

0.65%
21

INFRA

MIRAEAMC - INFRA

0.50%
22

EQUAL200

MIRAEAMC - EQUAL200

0.46%
23

MAKEINDIA

MIRAEAMC - MAMFGETF

0.38%
24

MOMGF

MOTILALAMC - MOMGF

0.38%
25

MANUFGBEES

NIPPONAMC - MANUFGBEES

0.38%
26

LICNFNHGP

LICNAMC - LICNFNHGP

0.13%
27

NIF100IETF

ICICI PRUD NIFTY 100 ETF

0.12%
28

HDFCNIF100

HDFCAMC - HDFCNIF100

0.12%
29

TOP100CASE

ZERODHAAMC - TOP100CASE

0.12%
30

NIF100BEES

NIP IND ETF NIFTY 100

0.12%
31

MONIFTY100

MOTILALAMC - MONIFTY100

0.12%
32

GROWWN200

GROWWAMC - GROWWN200

0.10%
33

AONETOTAL

AONEAMC - AONETOTAL

0.09%
34

BSE500IETF

ICICIPRAMC - ICICI500

0.09%
35

HDFCBSE500

HDFCAMC - HDFCBSE500

0.08%
36

MONIFTY500

MOTILALAMC - MONIFTY500

0.08%
37

MULTICAP

MIRAEAMC - MULTICAP

0.06%
38

ELM250

EDELAMC - ELM250

0.06%

Held by Mutual Funds

70 schemes hold MAZDOCK · sorted by weight

#SchemeWeight %
1

Axis Nifty India Defence Index Fund

Axis Mutual Fund

4.81%
2

Motilal Oswal Nifty India Defence Index Fund

Motilal Oswal Mutual Fund

4.68%
3

Axis Quant Fund

Axis Mutual Fund

3.11%
4

HDFC Defence Fund

HDFC Mutual Fund

3.06%
5

Motilal Oswal Quant Fund

Motilal Oswal Mutual Fund

1.91%
6

Kotak Nifty 200 Quality 30 Index Fund

Kotak Mahindra Mutual Fund

1.86%
7

UTI Nifty200 Quality 30 Index Fund

UTI Mutual Fund

1.82%
8

ICICI Prudential Nifty200 Quality 30 Index Fund

ICICI Prudential Mutual Fund

1.82%
9

SBI Nifty200 Quality 30 Index Fund

SBI Mutual Fund

1.82%
10

Bandhan Nifty 200 Quality 30 Index Fund

Bandhan Mutual Fund

1.82%
11

HDFC Nifty100 Quality 30 Index Fund

HDFC Mutual Fund

1.81%
12

Edelweiss Nifty 100 Quality 30 Index Fund

Edelweiss Mutual Fund

1.81%
13

Tata BSE Quality Index Fund

Tata Mutual Fund

1.70%
14

Motilal Oswal BSE Quality Index Fund

Motilal Oswal Mutual Fund

1.59%
15

Nippon India Nifty 500 Quality 50 Index Fund

Nippon India Mutual Fund

1.59%
16

Axis Nifty500 Quality 50 Index Fund

Axis Mutual Fund

1.57%
17

Invesco India PSU Equity Fund

Invesco Mutual Fund

1.26%
18

HDFC NIFTY 100 Equal Weight Index Fund

HDFC Mutual Fund

1.01%
19

Kotak Nifty 100 Equal Weight Index Fund

Kotak Mahindra Mutual Fund

0.98%
20

ITI Mid Cap Fund

ITI Mutual Fund

0.97%
21

Sundaram Nifty 100 Equal Weight Fund

Sundaram Mutual Fund

0.94%
22

Mahindra Manulife Business Cycle Fund

Mahindra Manulife Mutual Fund

0.93%
23

Mahindra Manulife Manufacturing Fund

Mahindra Manulife Mutual Fund

0.92%
24

Mahindra Manulife Value Fund

Mahindra Manulife Mutual Fund

0.90%
25

Edelweiss Business Cycle Fund

Edelweiss Mutual Fund

0.88%
26

ITI Large & Mid Cap Fund

ITI Mutual Fund

0.86%
27

Kotak BSE PSU Index Fund

Kotak Mahindra Mutual Fund

0.86%
28

ITI Small Cap Fund

ITI Mutual Fund

0.83%
29

Tata Nifty Next 50 Index Fund

Tata Mutual Fund

0.78%
30

Edelweiss Nifty Next 50 Index Fund

Edelweiss Mutual Fund

0.78%
31

UTI Nifty Next 50 Index Fund

UTI Mutual Fund

0.77%
32

Axis Nifty Next 50 Index Fund

Axis Mutual Fund

0.77%
33

ICICI Prudential Nifty Next 50 Index Direct-Growth

ICICI Prudential Mutual Fund

0.77%
34

SBI Nifty Next 50 Index Fund

SBI Mutual Fund

0.77%
35

HDFC NIFTY Next 50 Index Fund

HDFC Mutual Fund

0.77%
36

Bandhan Nifty Next 50 Index Fund

Bandhan Mutual Fund

0.77%
37

HSBC Nifty Next 50 Index Fund

HSBC Mutual Fund

0.77%
38

Bank of India Flexi Cap Fund

Bank of India Mutual Fund

0.75%
39

Motilal Oswal Nifty Next 50 Index Fund

Motilal Oswal Mutual Fund

0.74%
40

Kotak Nifty Next 50 Index Fund

Kotak Mahindra Mutual Fund

0.74%
41

Altiva Hybrid Long-Short Fund

Edelweiss Mutual Fund

0.51%
42

Edelweiss Flexi Cap Fund

Edelweiss Mutual Fund

0.49%
43

UTI Nifty India Manufacturing Index Fund

UTI Mutual Fund

0.46%
44

Edelweiss Balanced Advantage Fund

Edelweiss Mutual Fund

0.30%
45

Nippon India Nifty 500 Equal Weight Index Fund

Nippon India Mutual Fund

0.20%
46

Nippon India Vision Large & Mid Cap Direct-Growth

Nippon India Mutual Fund

0.17%
47

Axis Nifty 100 Index Fund

Axis Mutual Fund

0.14%
48

Bandhan Nifty 100 Index Fund

IDFC Mutual Fund

0.14%
49

HDFC NIFTY 100 Index Fund

HDFC Mutual Fund

0.14%
50

Motilal Oswal Nifty 500 Index Fund

Motilal Oswal Mutual Fund

0.10%
51

HDFC BSE 500 Index Fund

HDFC Mutual Fund

0.10%
52

SBI Nifty 500 Index Fund

SBI Mutual Fund

0.10%
53

Axis Nifty 500 Index Fund

Axis Mutual Fund

0.10%
54

ICICI Prudential Nifty 500 Index Fund

ICICI Prudential Mutual Fund

0.10%
55

Groww Nifty Total Market Index Fund

Groww Mutual Fund

0.09%
56

Motilal Oswal BSE 1000 Index Fund

Motilal Oswal Mutual Fund

0.09%
57

SBI Arbitrage Fund

SBI Mutual Fund

0.09%
58

Bandhan Nifty Total Market Index Fund

Bandhan Mutual Fund

0.09%
59

Baroda BNP Paribas Arbitrage Fund

BNP Paribas Mutual Fund

0.08%
60

ICICI Prudential Nifty LargeMidcap 250 Index Fund

ICICI Prudential Mutual Fund

0.07%
61

Edelweiss NIFTY Large Mid Cap 250 Index Fund

Edelweiss Mutual Fund

0.07%
62

HDFC Nifty500 Multicap 50:25:25 Index Fund

HDFC Mutual Fund

0.07%
63

HDFC Nifty LargeMidcap 250 Index Fund

HDFC Mutual Fund

0.07%
64

Edelweiss Nifty LargeMidcap250 Plus 8-13 Yr G-Sec 70:30 Index Fund

Edelweiss Mutual Fund

0.05%
65

Nippon India Arbitrage Fund

Nippon India Mutual Fund

0.03%
66

Kotak Arbitrage Fund

Kotak Mahindra Mutual Fund

0.03%
67

HSBC Midcap Fund

HSBC Mutual Fund

0.02%
68

Bandhan Arbitrage Fund

IDFC Mutual Fund

0.00%
69

Invesco India Arbitrage Fund

Invesco Mutual Fund

0.00%
70

UTI Arbitrage Fund

UTI Mutual Fund

0.00%