return to news
  1. Upstox
    /
  2. News
    /
  3. Personal Finance News
    /
  4. Mutual Funds
    /
  5. ITC shares account for over 5% of these 5 mutual fund schemes' portfolios. Here's how they have fared

Personal Finance News

ITC shares account for over 5% of these 5 mutual fund schemes' portfolios. Here's how they have fared

rajeev kumar
By Rajeev Kumar

6 min read | Updated on August 03, 2026, 12:44 IST

Google
SelectUpstoxas yourPreferred news source
Copy link
Twitter Page
Linkedin Page
Whatsapp Page

SUMMARY

Among the five mutual fund schemes with more than 5% exposure to ITC as of June 30, 2026, ICICI Pru FMCG Fund had the highest allocation at 18.34%, while Parag Parikh Flexi Cap Fund delivered the highest since-inception CAGR of 18.32%.

itc shares mutual fund news

Several mutual fund schemes are invested in ITC shares.

ITC shares were in focus today as they surged more than 4% in the early trade on Monday, August 3, 2026, despite the company reporting a decline in its Q1FY27 profit. ITC shares are widely tracked by mutual funds.
Open FREE Demat Account within minutes!
Join now

In this article, we look at how five mutual fund schemes that had allocated more than 5% of their portfolios to ITC shares as of June 30, 2026, have fared so far.

mf-article-disclaimer.webp
Name of scheme (Direct plan)ITC allocation (as of June 30, 2026)Launch dateCAGR since inception
ICICI Pru FMCG Fund18.34%January 1, 201311.41%
Bank of India Consumption Fund7.71%December 20, 20248.59%
Sundaram Consumption Fund5.63%January 2, 201314.14%
Parag Parikh Flexi Cap Fund6.07%May 24, 201318.32%
Parag Parikh ELSS Tax Saver Fund5.29%July 24, 201918.17%
Source: ACE MF, return since inception as reported till July 31, 2026; portfolio allocation as of June 30, 2026

ICICI Pru FMCG Fund

The direct plan of ICICI Pru FMCG Fund had 18.34% allocation towards ITC shares as of June 30, 2026. ITC was also the second highest holding of the scheme after Hindustan Unilever (18.53%).

Launched on January 1, 2013, the scheme has delivered a compounded annual growth rate (CAGR) of 11.41% since inception till July 31, 2026. The scheme has returned 8.09% over the past five years but has delivered lower returns over shorter periods, posting -12.31% in one year, -1.58% in three years, -4.17 in six months and -2.7% in three months.

The scheme's portfolio was largely tilted towards large-cap companies, with 70.32% allocated to large-cap stocks, 14.88% to midcap stocks, and 7.18% to small-cap stocks. Sector-wise, the scheme had a 72.11% allocation to FMCG stocks, 9.28% to alcohol companies, 5.75% to the agriculture sector, and 2% to healthcare.

A monthly SIP of ₹5000 in the scheme would have grown to ₹8.97 lakh over 10 years.

Bank of India Consumption Fund

The direct plan of Bank of India Consumption Fund had 7.71% allocation towards ITC shares as of June 30, 2026. ITC was also the second highest holding of the scheme after Bharti Airtel (9.82).

Launched on December 20, 2024, the scheme has delivered a compounded annual growth rate (CAGR) of 8.59% since inception till July 31, 2026. The scheme has returned 6.13% in one year, 9.49% in six months , and -7.43% in three months.

The scheme's portfolio was spread across market capitalisations, with 41.81% allocated to large-cap stocks, 27.82% to midcap stocks, and 27.74% to small-cap stocks. Sector-wise, the scheme had a 20.51% allocation to FMCG stocks, 15.33% to automobile & ancillaries, 12.16% to the telecom sector, and 9.14% to healthcare.

Sundaram Consumption Fund

The direct plan of Sundaram Consumption Fund had 5.63% allocation towards ITC shares as of June 30, 2026. ITC was also the fifth largest holding of the scheme after Bharti Airtel (8.63%), Eternal (7.93%), Mahindra & Mahindra (7.27%) and Titan Company (6.59%).

Launched on January 2, 2013, the scheme has delivered a compounded annual growth rate (CAGR) of 14.14% since inception till July 31, 2026. The scheme has returned 12.73% over the past five years but has delivered lower returns over shorter periods, posting -1.29% in one year, 5.32% in six months and 6.23% in three months. However, it has delivered 11.6% CAGR in three years,

The scheme's portfolio was dominated by large-cap companies, with 72.3% allocated to large-cap stocks, 7.36% to midcap stocks, and 16.3% to small-cap stocks. Sector-wise, the scheme had a 24.83% allocation to FMCG stocks, 21.2% to automobiles & ancilliaries, 13.1% to retailing, 8.63% to the telecom sector, and 6.59% to diamond & jewellery.

A monthly SIP of ₹5000 in the scheme would have grown to more than ₹11.3 lakh over 10 years.

Parag Parikh Flexi Cap Fund

The direct plan of Parag Parikh Flexi Cap Fund had 6.07% allocation towards ITC shares as of June 30, 2026. ITC was also the third largest holding of the scheme after HDFC Bank (8.33%) and Power Grid Corporation (6.23).

Launched on May 24, 2013, the scheme has delivered a CAGR of 18.32% since inception till July 31, 2026. The scheme has returned 13.68% over the past five years and 14.31% over three years, but it has delivered lower returns over shorter periods, posting -0.12% in one year, -1.57% in six months and 0.84% in three months.

The scheme's portfolio was dominated by large-cap companies, with 65.36% allocated to large-cap stocks, 3.3% to midcap stocks, and 4.21% to small-cap stocks, while 27.13% assets of the scheme were in cash and debt. Sector-wise, the scheme had a 21.47% allocation to banks, 8.93% to IT, 7.02% to FMCG, 6.96% to the power sector, and 6.49% to automobile & ancillaries.

A monthly SIP of ₹5000 in the scheme would have grown to around ₹15 lakh over 10 years.

Parag Parikh ELSS Tax Saver Fund

The direct plan of Parag Parikh ELSS Tax Saver Fund had 5.29% allocation towards ITC shares as of June 30, 2026. ITC was also the fifth largest holding of the scheme after HDFC Bank (8.23), Power Grid Corporation (6.98%), Baja Holdings (6.68%), and Coal India (6.44%).

Launched on July 24, 2019, the scheme has delivered a compounded annual growth rate (CAGR) of 18.17% since inception till July 31, 2026. The scheme has returned 13.34% over the past five years but has delivered lower returns over shorter periods, posting -5.45% in one year, -3.21% in six months and 1.2% in three months. However, it has delivered 13.34% CAGR in three years,

The scheme's portfolio was dominated by large-cap companies, with 69.02% allocated to large-cap stocks, 3.56% to midcap stocks, and 19.01% to small-cap stocks. Sector-wise, the scheme had a 21.33% allocation to banks, 11.96% to finance, 10.7% to IT, 8.32% to the automobiles & ancillaries sector, and 7.86% to power.

A monthly SIP of ₹5000 in the scheme would have grown to more than ₹3.7 lakh over 5 years.

Disclaimer: The information contained in this article is for informational purposes only and does not represent investment advice from Upstox. Investment decisions should be made based on independent research or consultation with a registered financial advisor. Past performance is not indicative of future results.

About The Author

rajeev kumar
Rajeev Kumar is a Deputy Editor at Upstox, and covers personal finance stories. In over 11 years as a journalist, he has written over 2,000 articles on topics like income tax, mutual funds, credit cards, insurance, investing, savings, and pension. He has previously worked with organisations like 1% Club, The Financial Express, Zee Business and Hindustan Times.

Next Story