TECH MAHINDRA LIMITED·SOFTWARE SERVICES 46.18·IT - Software Companies

Price

1,585

+0.89%
O:1571.6
H:1600
L:1571.6
C:1585

52W Range

1304.11854
+22%/-15%

Market Cap

₹1,60,817.71 Cr

Traded: ₹314.49 Cr (0.20%) 0.0x

Free Float: ₹14,377.10 Cr (2.19% of FF traded)

Volume · 60D trend

19.79 L 0.0x

Delivery: % 0.0x

View Delivery Data

Returns

1W:+0% 1M:-3% 3M:+10% 6M:+12% 12M:-1%

Valuation

P/E30.2
P/B5.3
P/S2.6
EV/EBIT17.6

Business Strength

ROE14.6%
ROCE18.6%
OPM15.9%
NPM8.5%

Growth (3Y CAGR)

EPS+13.1%
Sales+2.0%
Profit+1.0%
3Y Return+7.0%

Balance Sheet

Debt/Equity0.0
Debt69 Cr
Pledge0.0%
CWIP/Fixed Asset0.2%

Cash Position

CFO/NP128.4%
FCF5,626 Cr
FCF 3Y Avg16,567 Cr
Cash/MCap3.0%

Others

Div Yield2.7%
Div Payout94.0%
Cash Conv. Cycle86 days
Tradeable Free Float8.9%

MTF Exposure Trend

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

Current
₹ 101.61 Cr
0.71% FF
60d high
₹ 197.89 Cr
60d low
₹ 66.06 Cr
60d mean
₹ 102.32 Cr
vs mean
▼ 0.69%

Growth Trends

Metric10Y5Y3Y1YTTMTrend
Sales
+8.0%
+8.0%
+2.0%
--
+11.0%
Stable
ROE
+17.0%
+16.0%
+13.0%
--
--
Decelerating
Return
+12.0%
+6.0%
+7.0%
-6.0%
--
Stable
Profit
+5.0%
+2.0%
+1.0%
--
+17.0%
Stable

Quarterly Results

Jun 2026

16 Jul
Rev
15.7K Cr
+18% YoY+4% QoQ
OPM17.0%
NPM9.5%
PAT
--1.5K Cr
EPS
+28% YoY14.9

Mar 2026

22 Apr
Rev
15.1K Cr
+13% YoY+5% QoQ
OPM17.0%
NPM9.0%
PAT
+16% YoY1.4K Cr
EPS
+16% YoY13.8

Dec 2025

16 Jan
Rev
14.4K Cr
+8% YoY+3% QoQ
OPM16.0%
NPM7.8%
PAT
+33% YoY1.1K Cr
EPS
+14% YoY11.4

Sep 2025

PDF
Rev
14.0K Cr
+5% YoY+5% QoQ
OPM15.0%
NPM8.6%
PAT
-4% YoY1.2K Cr
EPS
-5% YoY12.2

Jun 2025

PDF
Rev
13.4K Cr
+3% YoY-0% QoQ
OPM14.0%
NPM8.5%
PAT
+34% YoY1.1K Cr
EPS
+34% YoY11.7

Mar 2025

PDF
Rev
13.4K Cr
+4% YoY+1% QoQ
OPM14.0%
NPM8.5%
PAT
+77% YoY1.1K Cr
EPS
+76% YoY11.9

Dec 2024

PDF
Rev
13.3K Cr
+1% YoY-0% QoQ
OPM14.0%
NPM7.4%
PAT
+93% YoY989 Cr
EPS
+92% YoY10.1

Sep 2024

PDF
Rev
13.3K Cr
+3% YoY+2% QoQ
OPM13.0%
NPM9.4%
PAT
+153% YoY1.3K Cr
EPS
+153% YoY12.8

Jun 2024

PDF
Rev
13.0K Cr
-1% YoY+1% QoQ
OPM12.0%
NPM6.7%
PAT
+23% YoY865 Cr
EPS
+23% YoY8.7

Mar 2024

PDF
Rev
12.9K Cr
-6% YoY-2% QoQ
OPM9.0%
NPM5.2%
PAT
-41% YoY664 Cr
EPS
-41% YoY6.8

Dec 2023

PDF
Rev
13.1K Cr
-5% YoY+2% QoQ
OPM9.0%
NPM4.0%
PAT
-61% YoY524 Cr
EPS
-61% YoY5.2

Sep 2023

PDF
Rev
12.9K Cr
---2% QoQ
OPM7.0%
NPM3.9%
PAT
-62% YoY505 Cr
EPS
--5.1

Jun 2023

PDF
Rev
13.2K Cr
---4% QoQ
OPM10.0%
NPM5.3%
PAT
-39% YoY704 Cr
EPS
--7.1

Mar 2023

Rev
13.7K Cr
---0% QoQ
OPM13.0%
NPM8.2%
PAT
-26% YoY1.1K Cr
EPS
--11.5

Dec 2022

Rev
13.7K Cr
----
OPM16.0%
NPM9.4%
PAT
-5% YoY1.3K Cr
EPS
--13.3

Revenue & Margin Trends

Annual

Quarterly

Balance Sheet Health

Leverage

Debt / Equity0.07
Interest Coverage3.6x
Promoter Pledge0.0%
Borrowings2.2K Cr

Efficiency

Receivable Days86 days
Inventory Days days
Payable Days days
Cash Conversion cycle86 days

Cash Position

Operating Cash Flow6.2K Cr
Investing Cash Flow-314 Cr
Financing Cash Flow-5.1K Cr
Free Cash Flow5.6K 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
Sales15,71215,07614,39313,99513,35113,38413,28613,31313,00612,87113,10112,86413,15913,71813,735
Expenses12,97412,51112,02811,83011,41611,54511,47711,56311,44111,77211,95511,95011,82111,91511,600
Operating Profit2,7382,5652,3662,1651,9351,8391,8091,7501,5641,0991,1469141,3381,8032,135
OPM %17.0%17.0%16.0%15.0%14.0%14.0%14.0%13.0%12.0%9.0%9.0%7.0%10.0%13.0%16.0%
Other Income-106-205-293402191732352214738092264200306247
Interest1118994777885768972581169812093113
Depreciation479481474469458462459470462461443466447490498
Profit Before Tax2,0421,7911,5051,6591,6181,4641,2971,7141,1789596796159711,5251,771
Tax %27.0%24.0%26.0%28.0%30.0%22.0%24.0%27.0%27.0%31.0%23.0%18.0%28.0%26.0%27.0%
Net Profit1,4861,3561,1191,2021,1291,1429891,2588656645245057041,1251,285
Exceptional Items--0-272000000000000
EPS (Rs)14.913.811.412.211.711.910.112.88.76.85.25.17.111.513.3
Sales Growth (YoY)17.7%12.6%8.3%5.1%2.6%4.0%1.4%3.5%-1.2%-6.2%-4.6%--------
Sales Growth (QoQ)4.2%4.8%2.8%4.8%-0.3%0.7%-0.2%2.4%1.1%-1.8%1.8%-2.2%-4.1%-0.1%--
OP Growth (YoY)41.5%39.5%30.8%23.7%23.7%67.3%57.9%91.5%16.9%-39.0%-46.3%--------
OP Growth (QoQ)6.7%8.4%9.3%11.9%5.2%1.7%3.4%11.9%42.3%-4.1%25.4%-31.7%-25.8%-15.6%--
Profit Growth (YoY)--16.0%33.0%-4.0%34.0%77.0%93.0%153.0%23.0%-41.0%-61.0%-62.0%-39.0%-26.0%-5.0%
EPS Growth (YoY)28.3%15.9%13.9%-4.6%33.8%76.1%92.2%152.6%22.7%-41.0%-60.7%--------
EPS Growth (QoQ)8.2%20.7%-6.1%4.6%-2.3%18.6%-21.4%46.7%28.7%29.4%3.4%-28.7%-38.1%-13.9%--
OP Margin17.4%17.0%16.4%15.5%14.5%13.7%13.6%13.2%12.0%8.5%8.8%7.1%10.2%13.1%15.5%
Net Margin9.5%9.0%7.8%8.6%8.5%8.5%7.4%9.4%6.7%5.2%4.0%3.9%5.3%8.2%9.4%
Material Cost %------------------------------
Employee Cost %--52.0%53.0%55.0%56.0%55.0%56.0%56.0%56.0%56.0%57.0%57.0%54.0%52.0%51.0%
P/S2.632.592.67------------------------
P/E30.2430.5231.79------------------------
P/B5.254.965.35------------------------

Shareholding Pattern

Shareholders:7.4L (-21.2%)
Current MixMar 2026

Exchange Filings

50
Company Update27 Aug 2026

Intimation of Schedule of Investor Interaction with Tech Mahindra''s Leadership - Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) ....

Company Update26 Aug 2026

Intimation of Schedule of Investor Interaction with Tech Mahindra''s Leadership -Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) ....

Company Update17 Aug 2026

Allotment of equity shares pursuant to exercise of Employee Stock Options

Company Update08 Aug 2026

Disclosure under Regulation 30 of the Securities and Exchange Board of India ( Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations")- ESG Rating

Company Update06 Aug 2026

Intimation of Schedule of Investor Interaction with tech Mahindra''s Leadership

Company Update06 Aug 2026

Intimation of Schedule of Investor Interaction with Tech Mahindra''s Leadership

Company Update24 Jul 2026

Intimation of Schedule of Investor Interaction with Tech Mahindra''s Leadership - Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) ....

Company Update22 Jul 2026

Transcript of the quarterly earnings conference call for quarter ended 30 June 2026.

Company Update21 Jul 2026

Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (" SEBI Listing Regulations")- ESG Rating

AGM/EGM18 Jul 2026

Please find attached the Disclosure of Voting Results and Scrutinizer Report of the 39th Annual General Meeting of the Company.

AGM/EGM18 Jul 2026

Proceedings of the 39th Annual General Meeting of the equity shareholders of the Company is enclosed.

Company Update17 Jul 2026

Newspaper Publication of Financial Results - Regulations 30 and 47 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI ....

Company Update16 Jul 2026

Outcome and Audio recording of quarterly earnings conference call

Company Update16 Jul 2026

Acquisition update

Result16 Jul 2026

enclosed

Company Update16 Jul 2026

Press Release enclosed

Company Update16 Jul 2026

Investor Presentation enclosed.

Board Meeting16 Jul 2026

Audited Standalone & Consolidated Financial Results for the quarter ended 30th June 2026

Company Update07 Jul 2026

Please find enclosed Certificate under Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018 for quarter ended 30th June, 2026.

Company Update01 Jul 2026

Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015- Acquisition.

Company Update30 Jun 2026

Intimation of Schedule of Quarterly Earnings Conference Call and Press Release under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) ....

Insider Trading / SAST30 Jun 2026

Intimation for Trading Window Closure is enclosed.

Board Meeting30 Jun 2026

Tech Mahindra Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 16/07/2026 ,inter alia, to consider and approve Prior Intimation of Board Meeting ....

Company Update29 Jun 2026

Intimation under Regulation 30 Of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Company Update25 Jun 2026

Tech Mahindra Limited has informed the Exchange about the Newspaper Advertisement published today regarding: 1. Completion of dispatch of the Notice of 39th AGM and the Integrated Annual ....

Company Update24 Jun 2026

Enclosed letter to shareholders providing exact weblink, path and QR code of Integrated Annual Report 2025-26 and Notice of the 39th AGM.

Others23 Jun 2026

Integrated Annual Report 2025-26 enclosed.

Others23 Jun 2026

BRSR enclosed.

AGM/EGM23 Jun 2026

Notice of 39th AGM of the Company will be held on 17th July 2026 at 3.30 p.m. IST through Video Conferencing/ any Other Audio- Visual Means.

Company Update23 Jun 2026

Intimation under Regulation 30 of SEBI Listing Regulations.

Company Update11 Jun 2026

Allotment of Equity Shares pursuant to exercise of Employee Stock Options

Company Update10 Jun 2026

Intimation of Schedule of Investor Interaction with Tech Mahindra''s Leadership - Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) ....

Company Update28 May 2026

Intimation of Schedule of Investor Interactions with Tech Mahindra''s Leadership - Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) ....

Company Update28 May 2026

Intimation of Schedule of Investor Interactions with Tech Mahindra''s Leadership -Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) ....

Company Update26 May 2026

Annual Secretarial Compliance Report for the year ended 31st Mach 2026

Company Update26 May 2026

Tech Mahindra Limited has informed the Exchange about the Newspaper Advertisement published today.

Company Update01 May 2026

Allotment of equity shares pursuant to exercise of Employee Stock Options.

Company Update30 Apr 2026

Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015- Acquisition

Company Update28 Apr 2026

Transcript of the Quarterly Earnings Meeting for the fourth quarter and financial year ended 31st March 2026- Regulation 30 and 46 of the Securities and Exchange Board of India (Listing ....

Company Update23 Apr 2026

Newspaper Publication of Financial Results-Regulation 30 & 47 of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015

Company Update22 Apr 2026

Investor Presentation under Regulation 30 and 46 of SEBI Listing Regulations.

Company Update22 Apr 2026

Enclosed Press Release.

Corp. Action22 Apr 2026

refer file attached

Corp. Action22 Apr 2026

Refer attached

AGM/EGM22 Apr 2026

Refer attached.

Company Update22 Apr 2026

Enclosed Investor presentation.

Result22 Apr 2026

Enclosed financial results for quarter ended 31st March 2026

Board Meeting22 Apr 2026

Outcome of Board meeting

Company Update22 Apr 2026

Enclosed Video Recording of Quarterly Earnings meeting.

Company Update16 Apr 2026

Company has scheduled a walkthrough of the Company's new Experience Centre and showcase and demonstration of its capabilities across AI and other service lines.

Annual Reports

14

2026

2025

2024

2023

2022

2021

2020

2019

2018

2017

2016

2015

2014

2013

Credit Ratings

6
careRating update
29 Sept 2025Report
careRating update
12 Sept 2024Report
careRating update
27 Sept 2023Report
careRating update
15 Sept 2022Report
careRating update
07 Jul 2020Report
careRating update
07 Jul 2020Report

Concalls

28

Apr 2026

30 Apr 2026

Apr 2026

30 Apr 2026

Jan 2026

31 Jan 2026

Nov 2025

30 Nov 2025

Oct 2025

31 Oct 2025

Jul 2025

31 Jul 2025

Apr 2025

30 Apr 2025

Jan 2025

31 Jan 2025

Oct 2024

31 Oct 2024

Jul 2024

31 Jul 2024

Jun 2024

30 Jun 2024

May 2024

31 May 2024

Jan 2024

31 Jan 2024

Oct 2023

31 Oct 2023

Aug 2023

31 Aug 2023

Jul 2023

31 Jul 2023

May 2023

31 May 2023

Apr 2023

30 Apr 2023

Feb 2023

28 Feb 2023

Nov 2022

30 Nov 2022

Jul 2022

31 Jul 2022

May 2022

31 May 2022

Nov 2021

30 Nov 2021

Aug 2021

31 Aug 2021

May 2021

31 May 2021

Feb 2021

28 Feb 2021

Oct 2020

31 Oct 2020

Aug 2020

31 Aug 2020

Held by ETFs

77 ETFs hold TECHM · sorted by weight

#ETFWeight %
1

ITBEES

NIP IND ETF IT

10.83%
2

ITETF

MIRAEAMC - ITETF

10.84%
3

ITADD

DSPAMC - DSPIT

10.82%
4

ITAXIS

AXISAMC-ITAXIS

10.83%
5

IT

KOTAKMAMC - KOTAKIT

10.82%
6

HDFCNIFIT

HDFCAMC - HDFCNIFIT

10.82%
7

TECH

BIRLASLAMC - TECH

10.82%
8

SHARIABEES

NIP IND ETF SHARIAH BEES

4.41%
9

ITBETA

UTIAMC-ITBETA

10.80%
10

HDFCGROWTH

HDFCAMC - HDFCGROWTH

4.27%
11

TNIDETF

TATAAML - TNIDETF

5.79%
12

FLEXIADD

DSPAMC - FLEXIADD

3.56%
13

HDFCQUAL

HDFCAMC - HDFCQUAL

3.15%
14

NV20IETF

ICICI PRUDENTIAL NV20 ETF

2.31%
15

NV20

KOTAKMAMC - KTKNV20ETF

2.31%
16

HDFCVALUE

HDFCAMC - HDFCVALUE

2.31%
17

EQUAL50

MIRAEAMC - EQUAL50

2.20%
18

SBINEQWETF

SBIAMC - SBINEQWETF

2.20%
19

MON50EQUAL

MOTILALAMC - MON50EQUAL

2.20%
20

GROWWLOVOL

GROWWAMC - GROWWLOVOL

1.97%
21

MOSERVICE

MOTILALAMC - MOSERVICE

1.51%
22

EQUAL50ADD

DSPAMC - DSPNEWETF

2.20%
23

ESG

MIRAEAMC - MAESGETF

1.15%
24

SENSEXIETF

ICICI PRUD SENSEX ETF

1.13%
25

BSLSENETFG

BIRLASLAMC - BSLSENETFG

1.13%
26

LICNETFSEN

LICNAMC - LICNFESGP

1.13%
27

HDFCSENSEX

HDFCAMC - HDFCSENSEX

1.13%
28

SENSEXAXIS

AXISAMC-SENSEXAXIS

1.13%
29

SBISENSEX

SBI MUTUAL FUND - SBI ETF SENS

1.13%
30

SENSEX1

KOTAK MAHINDRA MUTUAL FUND

1.13%
31

SENSEXETF

MIRAEAMC - SENSEXETF

1.13%
32

SENSEXBEES

NIPPON INDIA ETF SENSEX

1.13%
33

ITIETF

ICICIPRAMC - ICICITECH

10.83%
34

SENSEXADD

DSPAMC - DSPSENXETF

1.13%
35

ESENSEX

EDELAMC - ESENSEX

1.13%
36

NIFTY100EW

KOTAKMAMC - NIFTY100EW

1.10%
37

NIFTYBEES

NIP IND ETF NIFTY BEES

0.94%
38

NIFTYBETA

UTIAMC-NIFTYBETA

0.94%
39

SENSEXBETA

UTIAMC-SENSEXBETA

1.13%
40

IDFSENSEXE

BANDHAN MUTUAL FUND

1.13%
41

NIFTY1

KOTAK NIFTY ETF

0.94%
42

HDFCNIFTY

HDFCAMC - HDFCNIFTY

0.94%
43

NIFTYADD

DSPAMC - DSPNIFTY

0.94%
44

NIFTYAXIS

AXISAMC-NIFTYAXIS

0.94%
45

NIFTYBETF

BFAM - NIFTYBETF

0.94%
46

IDFNIFTYET

BANDHANAMC - IDFNIFTYET

0.94%
47

NETF

TATAAML - NETF

0.94%
48

SETFNIF50

SBI-ETF NIFTY 50

0.94%
49

MOM50

MOTILAL OSWAL M50 ETF

0.94%
50

ENIFTY

EDELAMC - ENIFTY

0.94%
51

IVZINNIFTY

INVESCO INDIA NIFTY ETF

0.94%
52

NIFTYETF

MIRAEAMC - MAN50ETF

0.94%
53

NIFTYCASE

ZERODHAAMC - NIFTYCASE

0.94%
54

AONENIFTY

AONEAMC - AONENIFTY

0.94%
55

QNIFTY

QUANTUM NIFTY 50 ETF

0.93%
56

LICNETFN50

LICNAMC - LICNFENGP

0.93%
57

TOP100CASE

ZERODHAAMC - TOP100CASE

0.76%
58

GROWWNIFTY

GROWWAMC - GROWWNIFTY

0.94%
59

NIF100IETF

ICICI PRUD NIFTY 100 ETF

0.76%
60

NIF100BEES

NIP IND ETF NIFTY 100

0.76%
61

HDFCNIF100

HDFCAMC - HDFCNIF100

0.76%
62

LICNFNHGP

LICNAMC - LICNFNHGP

0.76%
63

MONIFTY100

MOTILALAMC - MONIFTY100

0.76%
64

SETFBSE100

SBI MUTUAL FUND

0.74%
65

MSCIINDIA

KOTAKMAMC - MSCIINDIA

0.67%
66

ABSLMSCIN

BIRLASLAMC - ABSLMSCIN

0.67%
67

MSCIADD

DSPAMC - MSCIADD

0.66%
68

BSE500IETF

ICICIPRAMC - ICICI500

0.53%
69

GROWWN200

GROWWAMC - GROWWN200

0.61%
70

HDFCBSE500

HDFCAMC - HDFCBSE500

0.53%
71

EQUAL200

MIRAEAMC - EQUAL200

0.52%
72

MONIFTY500

MOTILALAMC - MONIFTY500

0.52%
73

AONETOTAL

AONEAMC - AONETOTAL

0.50%
74

MULTICAP

MIRAEAMC - MULTICAP

0.38%
75

NIFTYIETF

ICICI PRUD NIFTY ETF

0.94%
76

BSLNIFTY

ADITYBIRLA SL NIF ETF-GR

0.94%
77

ELM250

EDELAMC - ELM250

0.38%

Held by Mutual Funds

278 schemes hold TECHM · sorted by weight

#SchemeWeight %
1

Axis Nifty IT Index Fund

Axis Mutual Fund

10.86%
2

Nippon India Nifty IT Index Fund

Nippon India Mutual Fund

10.88%
3

ICICI Prudential Nifty IT Index Fund

ICICI Prudential Mutual Fund

10.82%
4

Tata Digital India Fund

Tata Mutual Fund

9.33%
5

ICICI Prudential Technology Direct Plan-Growth

ICICI Prudential Mutual Fund

7.84%
6

SBI Nifty IT Index Fund

SBI Mutual Fund

10.85%
7

Bandhan Nifty IT Index Fund

Bandhan Mutual Fund

10.44%
8

Aditya Birla Sun Life Digital India Fund

Aditya Birla Sun Life Mutual Fund

7.77%
9

Invesco India Technology Fund

Invesco Mutual Fund

7.45%
10

Kotak Technology Fund

Kotak Mahindra Mutual Fund

6.99%
11

Quant Quantamental Fund

Quant Mutual Fund

6.94%
12

Quant Large Cap Fund

Quant Mutual Fund

6.93%
13

Quant Aggressive Hybrid Fund

Quant Mutual Fund

5.84%
14

Edelweiss Technology Fund

Edelweiss Mutual Fund

5.62%
15

HDFC Nifty India Digital Index Fund

HDFC Mutual Fund

5.49%
16

SBI Quant Fund

SBI Mutual Fund

5.08%
17

LIC MF Technology Fund

LIC Mutual Fund

4.92%
18

HDFC Technology Fund

HDFC Mutual Fund

5.01%
19

Quant Large and Mid Cap Fund

Quant Mutual Fund

4.87%
20

Quant ELSS Tax Saver Fund

Quant Mutual Fund

4.66%
21

Quant Teck Fund

Quant Mutual Fund

3.62%
22

Quant Momentum Fund

Quant Mutual Fund

3.55%
23

Mahindra Manulife Focused Fund

Mahindra Mutual Fund

3.23%
24

Tata Ethical Direct Plan-Growth

Tata Mutual Fund

3.39%
25

SBI Long Term Advantage Fund

SBI Mutual Fund

3.61%
26

Aditya Birla Sun Life Focused Fund

Aditya Birla Sun Life Mutual Fund

3.19%
27

qsif Hybrid Long-Short Fund

Quant Mutual Fund

3.06%
28

Sundaram Focused Fund

Sundaram Mutual Fund

3.00%
29

Motilal Oswal Contra Fund

Motilal Oswal Mutual Fund

3.07%
30

Invesco India Largecap Fund

Invesco Mutual Fund

2.82%
31

Edelweiss Nifty 100 Quality 30 Index Fund

Edelweiss Mutual Fund

2.82%
32

HDFC Nifty100 Quality 30 Index Fund

HDFC Mutual Fund

2.81%
33

qsif Equity Ex-Top 100 Long-Short Fund

Quant Mutual Fund

2.67%
34

Kotak ELSS Tax Saver Fund

Kotak Mahindra Mutual Fund

2.72%
35

Sundaram Large Cap Fund

Sundaram Mutual Fund

2.74%
36

Invesco India ESG Integration Strategy Fund

Invesco Mutual Fund

2.71%
37

Quant ESG Integration Strategy Fund

Quant Mutual Fund

2.67%
38

Aditya Birla Sun Life Value Direct Fund

Aditya Birla Sun Life Mutual Fund

2.60%
39

Aditya Birla Sun Life Conglomerate Fund

Aditya Birla Sun Life Mutual Fund

2.67%
40

Kotak Focused Fund

Kotak Mahindra Mutual Fund

2.56%
41

Tata BSE Select Business Groups Index Fund

Tata Mutual Fund

2.47%
42

Nippon India Active Momentum Fund

Nippon India Mutual Fund

2.49%
43

SBI Technology Opportunities Fund

SBI Mutual Fund

2.46%
44

Nippon India Quant Fund

Nippon India Mutual Fund

2.41%
45

Kotak Services Fund

Kotak Mahindra Mutual Fund

2.40%
46

Baroda BNP Paribas ESG Best-in-class strategy Fund

Baroda BNP Paribas Mutual Fund

2.43%
47

Sundaram Dividend Yield Fund

Sundaram Mutual Fund

2.40%
48

Tata India Innovation Fund

Tata Mutual Fund

2.25%
49

SBI Equity Minimum Variance Fund

SBI Mutual Fund

2.18%
50

JM Aggressive Hybrid Fund

JM Financial Mutual Fund

2.21%
51

Nippon India Nifty 500 Low Volatility 50 Index Fund

Nippon India Mutual Fund

2.11%
52

Nippon India Retirement Fund

Nippon India Mutual Fund

2.08%
53

JM Large Cap Fund

JM Financial Mutual Fund

2.21%
54

Aditya Birla Sun Life Dividend Yield Fund

Aditya Birla Sun Life Mutual Fund

2.07%
55

SBI Balanced Advantage Fund

SBI Mutual Fund

2.00%
56

HSBC India Export Opportunities Fund

HSBC Mutual Fund

2.03%
57

HDFC Dividend Yield Fund

HDFC Mutual Fund

1.99%
58

Baroda BNP Paribas Value Fund

Baroda BNP Paribas Mutual Fund

1.98%
59

Baroda BNP Paribas Large Cap Fund

BNP Paribas Mutual Fund

1.97%
60

Tata Large Cap Direct Plan-Growth

Tata Mutual Fund

1.96%
61

Mahindra Manulife Business Cycle Fund

Mahindra Manulife Mutual Fund

1.96%
62

Kotak Contra Fund

Kotak Mahindra Mutual Fund

1.95%
63

SBI Dividend Yield Fund

SBI Mutual Fund

1.95%
64

HDFC NIFTY50 Equal Weight Index Fund

HDFC Mutual Fund

1.93%
65

Kotak Nifty 50 Equal Weight Index Fund

Kotak Mahindra Mutual Fund

1.94%
66

SBI Nifty50 Equal Weight Index Fund

SBI Mutual Fund

1.93%
67

ICICI Prudential Nifty50 Equal Weight Index Fund

ICICI Prudential Mutual Fund

1.93%
68

Baroda BNP Paribas Business Conglomerates Fund

Baroda BNP Paribas Mutual Fund

1.91%
69

Edelweiss Large Cap Fund

Edelweiss Mutual Fund

1.84%
70

UTI NIFTY50 Equal Weight Index Fund

UTI Mutual Fund

1.93%
71

JM ELSS Tax Saver Fund

JM Financial Mutual Fund

1.81%
72

PGIM India Large Cap Fund

PGIM India Mutual Fund

1.84%
73

SBI Large Cap Direct Plan-Growth

SBI Mutual Fund

1.80%
74

Baroda BNP Paribas ELSS Tax Saver Fund

BNP Paribas Mutual Fund

1.82%
75

Mahindra Manulife Large Cap Fund

Mahindra Mutual Fund

1.69%
76

Mahindra Manulife Innovation Opportunities Fund

Mahindra Manulife Mutual Fund

1.78%
77

SBI ELSS Tax Saver Fund

SBI Mutual Fund

1.67%
78

JM Value Fund

JM Financial Mutual Fund

1.66%
79

HSBC Value Fund

HSBC Mutual Fund

1.78%
80

Baroda BNP Paribas Flexi Cap Fund

BNP Paribas Mutual Fund

1.63%
81

SBI Contra Direct Plan-Growth

SBI Mutual Fund

1.66%
82

Invesco India Aggressive Hybrid Fund

Invesco Mutual Fund

1.63%
83

UTI Nifty500 Shariah Index Fund

UTI Mutual Fund

1.60%
84

Aditya Birla Sun Life Bal Bhavishya Yojna Direct-Growth

Aditya Birla Sun Life Mutual Fund

1.63%
85

HDFC Value Fund

HDFC Mutual Fund

1.57%
86

Baroda BNP Paribas Multi Cap Fund

Baroda Mutual Fund

1.57%
87

Aditya Birla Sun Life Balanced Advantage Fund

Aditya Birla Sun Life Mutual Fund

1.54%
88

ICICI Prudential Retirement Fund

ICICI Prudential Mutual Fund

1.53%
89

Mahindra Manulife Value Fund

Mahindra Manulife Mutual Fund

1.50%
90

Aditya Birla Sun Life Flexi Cap Fund

Aditya Birla Sun Life Mutual Fund

1.48%
91

Mahindra Manulife ELSS Tax Saver Fund

Mahindra Mutual Fund

1.48%
92

JM Flexicap Fund

JM Financial Mutual Fund

1.47%
93

Kotak Large & Midcap Fund

Kotak Mahindra Mutual Fund

1.44%
94

Baroda BNP Paribas Children's Fund

Baroda BNP Paribas Mutual Fund

1.47%
95

PGIM India Flexi Cap Fund

PGIM India Mutual Fund

1.43%
96

Quant Multi Asset Allocation Fund

Quant Mutual Fund

1.38%
97

JM Large & Mid Cap Fund

JM Financial Mutual Fund

1.35%
98

Bandhan Multi-Factor Fund

Bandhan Mutual Fund

1.34%
99

Kotak Active Momentum Fund

Kotak Mahindra Mutual Fund

1.42%
100

Kotak Dividend Yield Fund

Kotak Mahindra Mutual Fund

1.36%
101

Axis Value Fund

Axis Mutual Fund

1.32%
102

HSBC Flexi Cap Fund

HSBC Mutual Fund

1.32%
103

Mahindra Manulife Flexi Cap Fund

Mahindra Manulife Mutual Fund

1.34%
104

Kotak Multi Asset Allocation Fund

Kotak Mahindra Mutual Fund

1.30%
105

Mahindra Manulife Balanced Advantage Fund

Mahindra Manulife Mutual Fund

1.31%
106

Edelweiss Balanced Advantage Fund

Edelweiss Mutual Fund

1.30%
107

Canara Robeco Small Cap Fund

Canara Robeco Mutual Fund

1.30%
108

Baroda BNP Paribas Retirement Fund

Baroda BNP Paribas Mutual Fund

1.28%
109

Invesco India Balanced Advantage Fund

Invesco Mutual Fund

1.27%
110

Mahindra Manulife Large & Mid Cap Fund

Mahindra Mutual Fund

1.27%
111

Aditya Birla Sun Life Multi Asset Allocation Fund

Aditya Birla Sun Life Mutual Fund

1.25%
112

ICICI Prudential Exports and Services Fund

ICICI Prudential Mutual Fund

1.27%
113

Canara Robeco Multi Asset Allocation Fund

Canara Robeco Mutual Fund

1.25%
114

SBI Equity Savings Fund

SBI Mutual Fund

1.26%
115

Canara Robeco Large Cap Fund

Canara Robeco Mutual Fund

1.24%
116

Baroda BNP Paribas Large & Mid Cap Fund

Baroda BNP Paribas Mutual Fund

1.24%
117

Aditya Birla Sun Life Special Opportunities Fund

Aditya Birla Sun Life Mutual Fund

1.21%
118

Kotak Flexicap Fund

Kotak Mahindra Mutual Fund

1.18%
119

Canara Robeco Value Fund

Canara Robeco Mutual Fund

1.21%
120

Canara Robeco Flexi Cap Fund

Canara Robeco Mutual Fund

1.13%
121

Canara Robeco Equity Hybrid Fund

Canara Robeco Mutual Fund

1.15%
122

Kotak Large Cap Fund

Kotak Mahindra Mutual Fund

1.11%
123

iSIF Hybrid Long-Short Fund

ICICI Prudential Mutual Fund

1.09%
124

Nippon India Flexi Cap Fund

Nippon India Mutual Fund

1.09%
125

Kotak BSE Sensex Index Fund

Kotak Mahindra Mutual Fund

1.07%
126

Edelweiss ELSS Tax Saver Fund

Edelweiss Mutual Fund

1.07%
127

Kotak Multicap Fund

Kotak Mahindra Mutual Fund

1.05%
128

Aditya Birla Sun Life Large Cap Direct Fund

Aditya Birla Sun Life Mutual Fund

1.03%
129

HSBC Multi Cap Fund

HSBC Mutual Fund

1.04%
130

LIC MF Children's Fund

LIC Mutual Fund

1.03%
131

Invesco India Contra Fund

Invesco Mutual Fund

1.03%
132

Baroda BNP Paribas Aggressive Hybrid Fund

BNP Paribas Mutual Fund

1.01%
133

Motilal Oswal Large Cap Fund

Motilal Oswal Mutual Fund

1.01%
134

PGIM India Multi Asset Allocation Fund

PGIM India Mutual Fund

1.01%
135

UTI BSE Sensex Index Fund

UTI Mutual Fund

0.98%
136

Axis Multi Asset Allocation Direct Plan-Growth

Axis Mutual Fund

1.00%
137

HSBC ELSS Tax Saver Fund

HSBC Mutual Fund

1.00%
138

ICICI Prudential BSE Sensex Index Fund

ICICI Prudential Mutual Fund

0.98%
139

Axis BSE Sensex Index Fund

Axis Mutual Fund

0.98%
140

HDFC BSE Sensex Index Fund

HDFC Mutual Fund

0.98%
141

Baroda BNP Paribas Balanced Advantage Fund

Baroda BNP Paribas Mutual Fund

0.98%
142

Tata BSE Sensex Index Direct

Tata Mutual Fund

0.98%
143

Mahindra Manulife Multi Asset Allocation Fund

Mahindra Manulife Mutual Fund

0.98%
144

HDFC BSE Sensex ETF

HDFC Mutual Fund

0.98%
145

Sundaram Value Fund

Sundaram Mutual Fund

0.97%
146

SBI BSE Sensex Index Fund

SBI Mutual Fund

0.98%
147

HSBC Large Cap Fund

HSBC Mutual Fund

0.97%
148

HDFC NIFTY 100 Equal Weight Index Fund

HDFC Mutual Fund

0.97%
149

Canara Robeco Balanced Advantage Fund

Canara Robeco Mutual Fund

0.96%
150

Kotak Nifty 100 Equal Weight Index Fund

Kotak Mahindra Mutual Fund

0.93%
151

HDFC ELSS Tax Saver Fund

HDFC Mutual Fund

0.90%
152

360 ONE Balanced Hybrid Fund

360 ONE Mutual Fund

0.95%
153

Mahindra Manulife Aggressive Hybrid Fund

Mahindra Mutual Fund

0.89%
154

Groww Value Fund

Groww Mutual Fund

0.89%
155

SBI Nifty Index Direct Plan-Growth

SBI Mutual Fund

0.87%
156

Kotak Nifty 50 Index Fund

Kotak Mahindra Mutual Fund

0.87%
157

ICICI Prudential ESG Exclusionary Strategy Fund

ICICI Prudential Mutual Fund

0.87%
158

Motilal Oswal Nifty 50 Index Fund

Motilal Oswal Mutual Fund

0.87%
159

Canara Robeco Multi Cap Fund

Canara Robeco Mutual Fund

0.83%
160

Baroda BNP Paribas NIFTY 50 Index Fund

Baroda BNP Paribas Mutual Fund

0.83%
161

Tata Balanced Advantage Fund

Tata Mutual Fund

0.83%
162

Sundaram Nifty 100 Equal Weight Fund

Sundaram Mutual Fund

0.86%
163

Quant Value Fund

Quant Mutual Fund

0.83%
164

Edelweiss Aggressive Hybrid Fund

Edelweiss Mutual Fund

0.82%
165

UTI Nifty 50 Index Fund

UTI Mutual Fund

0.81%
166

ICICI Prudential Nifty 50 Index Direct Plan-Growth

ICICI Prudential Mutual Fund

0.81%
167

Axis Nifty 50 Index Fund

Axis Mutual Fund

0.81%
168

Franklin India NSE Nifty 50 Index Direct-Growth

Franklin Templeton Mutual Fund

0.81%
169

Kotak ESG Exclusionary Strategy Fund

Kotak Mahindra Mutual Fund

0.81%
170

Edelweiss Nifty 50 Index Fund

Edelweiss Mutual Fund

0.81%
171

Bandhan Nifty 50 Index Fund

IDFC Mutual Fund

0.81%
172

Mahindra Manulife Multi Cap Fund

Mahindra Mutual Fund

0.81%
173

Tata Nifty 50 Index Direct

Tata Mutual Fund

0.81%
174

Edelweiss Large & Mid Cap Direct Plan-Growth

Edelweiss Mutual Fund

0.81%
175

HDFC NIFTY 50 ETF-IDCW

HDFC Mutual Fund

0.81%
176

HSBC Nifty 50 Index Fund

HSBC Mutual Fund

0.81%
177

HDFC NIFTY 50 Index Fund

HDFC Mutual Fund

0.81%
178

Invesco India Flexi Cap Fund

Invesco Mutual Fund

0.80%
179

UTI Children's Hybrid Fund

UTI Mutual Fund

0.79%
180

Aditya Birla Sun Life Equity Hybrid '95 Fund

Aditya Birla Sun Life Mutual Fund

0.80%
181

Axis Large Cap Fund

Axis Mutual Fund

0.78%
182

Union Business Cycle Fund

Union Mutual Fund

0.77%
183

Kotak Business Cycle Fund

Kotak Mahindra Mutual Fund

0.76%
184

Sundaram Conservative Hybrid Fund

Sundaram Mutual Fund

0.75%
185

Kotak Balanced Advantage Fund

Kotak Mahindra Mutual Fund

0.74%
186

Canara Robeco ELSS Tax Saver Direct-Growth

Canara Robeco Mutual Fund

0.74%
187

Nippon India Balanced Advantage Fund

Nippon India Mutual Fund

0.73%
188

ICICI Prudential Dividend Yield Equity Fund

ICICI Prudential Mutual Fund

0.72%
189

Bank of India Balanced Advantage Fund

Bank of India Mutual Fund

0.72%
190

Nippon India Large Cap Fund

Nippon India Mutual Fund

0.72%
191

PGIM India Large and Mid Cap Fund

PGIM India Mutual Fund

0.71%
192

PGIM India ELSS Tax Saver Fund

PGIM India Mutual Fund

0.71%
193

WhiteOak Capital ELSS Tax Saver Fund

WhiteOak Capital Mutual Fund

0.69%
194

Axis Nifty 100 Index Fund

Axis Mutual Fund

0.67%
195

HDFC NIFTY 100 Index Fund

HDFC Mutual Fund

0.66%
196

Edelweiss Multi Cap Fund

Edelweiss Mutual Fund

0.66%
197

PGIM India Balanced Advantage Fund

PGIM India Mutual Fund

0.64%
198

Bandhan Nifty 100 Index Fund

IDFC Mutual Fund

0.66%
199

Bandhan Aggressive Hybrid Fund

IDFC Mutual Fund

0.64%
200

Mahindra Manulife Equity Savings Fund

Mahindra Mutual Fund

0.63%
201

Kotak Debt Hybrid Fund

Kotak Mahindra Mutual Fund

0.60%
202

WhiteOak Capital Balanced Advantage Fund

WhiteOak Capital Mutual Fund

0.61%
203

PGIM India Multi Cap Fund

PGIM India Mutual Fund

0.60%
204

Aditya Birla Sun Life Multi-Cap Fund

Aditya Birla Sun Life Mutual Fund

0.60%
205

ICICI Prudential Balanced Advantage Direct-Growth

ICICI Prudential Mutual Fund

0.60%
206

Edelweiss Flexi Cap Fund

Edelweiss Mutual Fund

0.57%
207

Kotak Aggressive Hybrid Fund

Kotak Mahindra Mutual Fund

0.55%
208

UTI Conservative Hybrid Fund

UTI Mutual Fund

0.55%
209

Tata Multi Asset Allocation Fund

Tata Mutual Fund

0.54%
210

Nippon India Aggressive Hybrid Fund

Nippon India Mutual Fund

0.57%
211

Axis Large & Mid Cap Fund

Axis Mutual Fund

0.52%
212

PGIM India Aggressive Hybrid Equity Fund

PGIM India Mutual Fund

0.51%
213

Axis Business Cycles Fund

Axis Mutual Fund

0.51%
214

Motilal Oswal Nifty 500 Index Fund

Motilal Oswal Mutual Fund

0.49%
215

Aditya Birla Sun Life Regular Savings Fund

Aditya Birla Sun Life Mutual Fund

0.52%
216

Axis Aggressive Hybrid Fund

Axis Mutual Fund

0.49%
217

Axis Children's Fund

Axis Mutual Fund

0.48%
218

Axis Retirement Fund

Axis Mutual Fund

0.51%
219

HDFC Multi-Asset Allocation Fund

HDFC Mutual Fund

0.48%
220

HDFC BSE 500 Index Fund

HDFC Mutual Fund

0.48%
221

Union Value Fund

Union Mutual Fund

0.47%
222

Bandhan Innovation Fund

Bandhan Mutual Fund

0.47%
223

Canara Robeco Conservative Hybrid Fund

Canara Robeco Mutual Fund

0.47%
224

Axis Nifty 500 Index Fund

Axis Mutual Fund

0.45%
225

Axis Small Cap Fund

Axis Mutual Fund

0.46%
226

ICICI Prudential Nifty 500 Index Fund

ICICI Prudential Mutual Fund

0.45%
227

ICICI Prudential Large Cap Fund

ICICI Prudential Mutual Fund

0.45%
228

SBI Nifty 500 Index Fund

SBI Mutual Fund

0.45%
229

Bandhan Balanced Advantage Fund

IDFC Mutual Fund

0.44%
230

Bandhan Nifty Total Market Index Fund

Bandhan Mutual Fund

0.44%
231

Groww Nifty Total Market Index Fund

Groww Mutual Fund

0.44%
232

ICICI Prudential Equity & Debt Fund

ICICI Prudential Mutual Fund

0.43%
233

Motilal Oswal BSE 1000 Index Fund

Motilal Oswal Mutual Fund

0.43%
234

HDFC Large and Mid Cap Fund

HDFC Mutual Fund

0.42%
235

PGIM India Midcap Fund

PGIM India Mutual Fund

0.41%
236

Baroda BNP Paribas Equity Savings Fund

Baroda Mutual Fund

0.40%
237

Union Flexi Cap Fund

Union Mutual Fund

0.41%
238

ICICI Prudential Flexicap Fund

ICICI Prudential Mutual Fund

0.38%
239

HDFC Equity Savings Direct Plan-Growth

HDFC Mutual Fund

0.37%
240

Axis Multicap Fund

Axis Mutual Fund

0.37%
241

ICICI Prudential Multi Asset Fund

ICICI Prudential Mutual Fund

0.36%
242

WhiteOak Capital Equity Savings Fund

WhiteOak Capital Mutual Fund

0.35%
243

360 ONE Multi Asset Allocation Fund

360 ONE Mutual Fund

0.38%
244

SBI Multi Asset Allocation Fund

SBI Mutual Fund

0.34%
245

ICICI Prudential Nifty LargeMidcap 250 Index Fund

ICICI Prudential Mutual Fund

0.33%
246

Bandhan Large & Mid Cap Fund

IDFC Mutual Fund

0.35%
247

Axis Equity Savings Fund

Axis Mutual Fund

0.34%
248

HDFC Nifty500 Multicap 50:25:25 Index Fund

HDFC Mutual Fund

0.33%
249

Edelweiss NIFTY Large Mid Cap 250 Index Fund

Edelweiss Mutual Fund

0.33%
250

HDFC Nifty LargeMidcap 250 Index Fund

HDFC Mutual Fund

0.33%
251

Apex Hybrid Long-Short Fund

Aditya Birla Sun Life Mutual Fund

0.31%
252

Axis Balanced Advantage Fund

Axis Mutual Fund

0.33%
253

iSIF Equity Long-Short Fund

ICICI Prudential Mutual Fund

0.31%
254

Nippon India Equity Savings Fund

Nippon India Mutual Fund

0.28%
255

ICICI Prudential ELSS Tax Saver Direct Plan-Growth

ICICI Prudential Mutual Fund

0.27%
256

ICICI Prudential Equity Minimum Variance Fund

ICICI Prudential Mutual Fund

0.25%
257

Edelweiss Equity Savings Fund

Edelweiss Mutual Fund

0.26%
258

Baroda BNP Paribas Conservative Hybrid Fund

BNP Paribas Mutual Fund

0.25%
259

Mirae Asset Multi Asset Allocation Fund

Mirae Asset Mutual Fund

0.25%
260

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

Edelweiss Mutual Fund

0.23%
261

Nippon India Nifty 500 Equal Weight Index Fund

Nippon India Mutual Fund

0.19%
262

Axis Conservative Hybrid Fund

Axis Mutual Fund

0.22%
263

WhiteOak Capital Balanced Hybrid Fund

WhiteOak Capital Mutual Fund

0.19%
264

HDFC Balanced Advantage Fund

HDFC Mutual Fund

0.18%
265

Invesco India Multi Asset Allocation Fund

Invesco Mutual Fund

0.25%
266

PGIM India Equity Savings Fund

PGIM India Mutual Fund

0.16%
267

Aditya Birla Sun Life Equity Savings Fund

Aditya Birla Sun Life Mutual Fund

0.10%
268

Mirae Asset Equity Savings Fund

Mirae Asset Mutual Fund

0.16%
269

WhiteOak Capital Quality Equity Fund

WhiteOak Capital Mutual Fund

0.04%
270

Invesco India Arbitrage Fund

Invesco Mutual Fund

0.08%
271

HSBC Large and Mid Cap Fund

HSBC Mutual Fund

0.03%
272

WhiteOak Capital Digital Bharat Fund

WhiteOak Capital Mutual Fund

0.02%
273

WhiteOak Capital Large & Mid Cap Fund

WhiteOak Capital Mutual Fund

0.01%
274

WhiteOak Capital ESG Best-In-Class Strategy Fund

WhiteOak Capital Mutual Fund

0.03%
275

WhiteOak Capital Large Cap Fund

WhiteOak Capital Mutual Fund

0.00%
276

WhiteOak Capital Multi Cap Fund

WhiteOak Capital Mutual Fund

0.00%
277

WhiteOak Capital Multi Asset Allocation Fund

WhiteOak Capital Mutual Fund

0.00%
278

WhiteOak Capital Flexi Cap Fund

WhiteOak Capital Mutual Fund

0.00%