Top Stocks Bought by Mutual Funds | September 2025

Mutual funds showed strong conviction in banks, infrastructure, healthcare, and auto stocks ahead of Q2 earnings. Here’s where institutional money is flowing — a useful cue for investors tracking smart fund moves. 1. Parag Parikh Flexi Cap Fund Focused on financials and utilities: • HDFC Bank +6.0% (

) • Ko)tak Mahindra Bank +5.1% • Axis Bank +6.8% • Power Grid Corp +5.9% • Mahindra & Mahindra +7.1% 2. HDFC Flexi Cap Fund Added strength in banking and pharma: • Axis Bank +8.3% • Cohance Lifesciences (New Entry) ₹351.6 Cr • State Bank of India +8.7% • Eicher Motors +14.8% • HDFC Bank +4.1% 3. Helios Flexi Cap Fund Big bets on power and hospitality: • NTPC +2,210% • Niva Bupa Health Insurance +3,338% • Lemon Tree Hotels +2,529% • Bharat Electronics +1,113% • Hero MotoCorp +58% 4. Quant Small Cap Fund Aggressive accumulation in mid and small caps: • Piramal Finance (New Entry) ₹487.4 Cr • Adani Power +28.7% • Usha Martin +38.2% • Aegis Logistics +13.9% • Aptus Value Housing (New Entry) ₹116.7 Cr 5. Nippon India Small Cap Fund Diversified bets across consumer, infra, and healthcare: • Asahi India Glass +99.5% • ITC +56.8% • Sundaram Finance Holdings +32.6% • NLC India +26.7% • Healthcare Global (New Entry) ₹283.1 Cr 6. Tata Small Cap Fund Strong interest in specialty manufacturing and real estate: • Network People Services Tech +1,514% • Balrampur Chini Mills +154.2% • Usha Martin +25.4% • Anant Raj +35.2% • Tega Industries (New Entry) ₹28.2 Cr Learning Outcome: Mutual fund inflows suggest confidence in India’s financials, infrastructure, and small-cap innovation themes. Tracking fund portfolios can reveal where long-term institutional money is heading next.