Market Intelligence
Mutual Fund Sector Rotation: Where Money Moved in June 2026
Telecom - Equipment & Accessories saw the biggest MF allocation increase (68.4%) in June 2026. See gainers, laggards, and conviction signals.
4 min read
Tier 1IPOFins Team
Finance Research & Data • 2026-07-30
Key takeaway
Across 453 equity schemes, mutual funds rotated allocation between May 2026 and June 2026. Telecom - Equipment & Accessories saw the largest rise in total sector exposure (+68.4% AUM change, 10 funds increasing vs 6 decreasing). On the other side, Diversified Metals lost the most ground (-33.5% AUM change). Rising sector AUM can reflect both new buying and price appreciation — use stock-level trackers to separate the two.
Sector Intelligence rolls up every equity holding from 453 schemes into industry buckets (Banks, IT, Capital Markets, etc.) and compares May 2026 vs June 2026.
AUM change % measures the month-on-month shift in total rupee exposure to that sector. It blends price appreciation with active buying — a sector can rise because stocks went up even if funds did not add new money.
Sectors gaining MF allocation
Sorted by largest positive AUM change. Click a sector for stock-level moves inside that industry.
| Sector | AUM change | Signal | Funds ↑ / ↓ |
|---|---|---|---|
| Telecom - Equipment & Accessories | +68.4% | 🟢 Strong Accumulation | 10 / 6 |
| Metals & Minerals Trading | +24.0% | 🟢 Strong Accumulation | 18 / 3 |
| Non - Ferrous Metals | +20.1% | 🟢 Strong Accumulation | 85 / 118 |
| Transport Infrastructure | +18.3% | 🟢 Strong Accumulation | 50 / 52 |
| Textiles & Apparels | +14.6% | 🚀 Aggressive Accumulation | 122 / 25 |
| Household Products | +7.9% | 🟡 Moderate Accumulation | 13 / 19 |
| Pharmaceuticals and Biotechnology | +6.6% | 🟢 Strong Accumulation | 55 / 24 |
| Realty | +5.7% | 🟢 Strong Accumulation | 159 / 78 |
| Finance | +5.3% | 🟢 Strong Accumulation | 306 / 206 |
| Agricultural Commercial & Construction Vehicles | +3.5% | 🟢 Strong Accumulation | 105 / 45 |
Sectors losing MF allocation
Funds trimmed exposure to these sectors on aggregate. Low current weight % means the industry is a small slice of total MF equity.
| Sector | AUM change | Current weight |
|---|---|---|
| Diversified Metals | -33.5% | 0.11% |
| Oil | -21.1% | 0.46% |
| Ferrous Metals | -18.5% | 1.16% |
| IT - Software | -12.7% | 4.85% |
| Power | -10.5% | 3.11% |
| Automobiles | -10.1% | 4.04% |
| IT - Services | -10.1% | 0.38% |
| Insurance | -9.9% | 2.43% |
Practical use
- Use sector rotation for macro allocation context — then drill into individual stocks via Smart Money Tracker.
- High AUM change + many funds increasing (↑) suggests broad active buying, not just one large fund.
- Pair with fresh entries: if a sector leads rotation and several stocks show fresh entries, the theme is strengthening.
Terms explained
AUM change %
Month-on-month change in total ₹ value of all fund holdings in that sector. Includes both price moves and active buying/selling.
Weight Δ
Change in the sector's share of total disclosed equity holdings, in percentage points.
Funds ↑ / ↓
How many schemes increased vs decreased exposure to the sector this month.
Full sector intelligence dashboard →
Data source: SEBI-regulated AMC monthly portfolio disclosures for June 2026. Not investment advice. Past institutional activity does not guarantee future returns.