SBI MF, HDFC MF And ICICI Pru MF Add Aviation, Financial Stocks In December, Trim Large

December 2025 Mutual Fund Portfolio Shifts Highlight Key Themes

India's top three mutual fund houses - SBI Mutual Fund, ICICI Prudential Mutual Fund, and HDFC Mutual Fund - have made significant changes to their equity portfolios in December 2025, indicating a preference for sectors like aviation, financials, consumption, and new-age businesses.

Portfolio Changes by Fund Houses

• SBI Mutual Fund

  SBI Mutual Fund's December buying was led by the e-commerce platform Meesho, where it invested Rs 2,186 crore, followed by ICICI Prudential AMC at Rs 2,017 crore and InterGlobe Aviation at Rs 1,814 crore.

  • New Entrants: Meesho (Rs 2,186 crore) and ICICI Prudential AMC (Rs 2,017 crore)
  • Sold: HDFC Bank (Rs 972 crore), Reliance Industries (Rs 750 crore), Eicher Motors (Rs 742 crore)
  • Exited: Punjab & Sind Bank

• ICICI Prudential Mutual Fund

  ICICI Prudential Mutual Fund made its largest December investment in InterGlobe Aviation, deploying Rs 3,760 crore.

  • Largest Investment: InterGlobe Aviation (Rs 3,760 crore)
  • New Entrants: Entero Health and Alivus Life Sciences
  • Sold: Infosys (Rs 4,516 crore), TCS (Rs 864 crore), Vedanta (Rs 863 crore)
  • Exited: Urban Company

• HDFC Mutual Fund

  HDFC Mutual Fund's biggest purchases in December were led by InterGlobe Aviation, where it invested Rs 690 crore.

  • Largest Investment: InterGlobe Aviation (Rs 690 crore)
  • New Entrants: Kaynes Technology and Maruti Suzuki
  • Sold: Cipla (Rs 428 crore), Eicher Motors (Rs 206 crore), L&T Finance (Rs 147 crore)