Stocks with high mutual fund holding: 10% or more

This page applies one rule: the mutual funds line of the latest shareholding filing is 10% or more of the company's shares. Shares underlying depositary receipts traded abroad are in the total where the filing includes them.

The figure covers the shares held by mutual fund schemes, all fund houses added together. It sits inside the domestic institutions group, next to insurers, banks and pension funds, and the page shows that group as DII. Foreign institutions, including foreign portfolio investors, are shown separately as FII.

Companies listed on the main board file a shareholding pattern with the exchanges every quarter, within 21 days of the quarter end. The page reads the latest one, so a company's mutual fund stake is as of that quarter end, not as of today. A fund house can have bought or sold since then.

Next to the mutual fund stake the table shows the promoter group's holding, FII, DII and public holding, which is everyone outside the promoter group except employee trusts. Pledged is promoters' pledged or encumbered shares divided by promoters' shares, times 100. Promoter change over 3 years is the change in the promoters' share in percentage points. Debt to equity is borrowings divided by the group's net worth, including the share held by other owners of its subsidiaries, with lease liabilities left out.

A high mutual fund stake says that funds own a large share of a company. It does not say how many funds hold it, whether the holding is rising or falling, or why. Index funds and active funds both count. A small company can show a high percentage from a small amount of money.