In its latest mutual fund analysis, ETMarkets highlighted stocks that saw the highest increase in MF holdings in May 2026 versus April 2026. The report found 42 stocks recorded net additions of over 1 crore shares each, signalling strong institutional buying.
A second filter focusing on stocks that also gained over 10% since early May narrowed the list to six standout names, reflecting strong institutional demand and price momentum. Meanwhile, five stocks from the same set declined over 10% during the period.
Among the 42 stocks, Yes Bank and Central Bank of India saw the highest MF buying, with additions of 45.91 crore and 18.22 crore shares, respectively. However, performance diverged—Yes Bank gained 20% in around one-and-a-half months, while the Central Bank of India fell 12%. (Data source: ACE MF, ACE Equity)
Jammu & Kashmir Bank
The stock has rallied 26% since the start of May 2026. Mutual fund holdings rose to 6.50 crore shares from 5.01 crore shares in April, spread across 60 schemes, valued at Rs 912 crore.
Yes Bank
The stock has gained 20% since early May 2026. Mutual funds increased their stake to 178.57 crore shares from 132.66 crore shares a month earlier, across 158 schemes, valued at Rs 4,134 crore
South Indian Bank
The stock is up 20% since the start of May. Mutual fund holdings rose to 32.14 crore shares from 29.78 crore shares, held across 23 schemes, worth Rs 1,331 crore.
Ola Electric Mobility
The stock has climbed 18%. Mutual funds raised holdings to 27.35 crore shares from 24.59 crore shares, across 64 schemes, valued at Rs 1,135 crore.
Tata Motors Passenger Vehicles
The stock has risen 15%. Mutual fund holdings increased to 36.73 crore shares from 35.40 crore shares, across 286 schemes, worth Rs 14,469 crore.
IDFC First Bank
The stock is up 11%. Mutual funds raised holdings to 101.97 crore shares from 98.68 crore shares, across 192 schemes, valued at Rs 7,273 crore.
Power Grid Corporation of India
The stock fell 10% even as mutual funds increased holdings to 127.59 crore shares from 123.92 crore shares, across 365 schemes, valued at Rs 37,059 crore.
Jubilant FoodWorks
The stock slipped 11%. Mutual fund holdings rose to 20.85 crore shares from 19.80 crore shares, across 204 schemes, worth Rs 8,915 crore.
Central Bank of India
The stock declined 12% despite sharp MF accumulation. Holdings surged to 21.44 crore shares from 3.21 crore shares, across 57 schemes, valued at Rs 660 crore.
Meesho
The stock is down 13%. Mutual fund holdings edged up to 24.21 crore shares from 23.00 crore shares, across 85 schemes, valued at Rs 4,437 crore.
ONGC
The stock has dropped 17%. Mutual funds increased holdings to 98.94 crore shares from 96.52 crore shares, across 361 schemes, valued at Rs 26,261 crore.
Pine Labs
The stock is down 23%. Despite weakness, mutual fund holdings jumped to 17.16 crore shares from 10.41 crore shares, across 87 schemes, valued at Rs 2,479 crore.
