Government Pension Fund Global

Foreign investor

1%+ in 10 companies · ₹42,458 Cr at today’s prices · latest filings Sep 2026

As of Sep 2026, Government Pension Fund Global is a holder of 1% or more in 10 listed companies, with stakes worth about ₹42,458 Cr at current prices. In the latest quarter it fell below 1% in 1 company (Polycab India); it also raised its stake in 4 companies and cut it in 6. Its largest holdings by value are HDFC Bank at 1.25%, ICICI Bank at 1.33% and Shriram Finance at 1.29%; 6 of the 10 companies are in Financial Services.

As of Sep 2026 filingsStakes come from shareholding filings; values use current market prices.How we calculate this

Holdings

Company	Industry	Dec '24	Mar '25	Jun '25	Sep '25	Dec '25	Mar '26	Jun '26
HDFC Bank	Financial Services	–	–	1.39	1.32	1.22	1.33	1.34	1.25	minus 0.09 pp	15,206
ICICI Bank	Financial Services	–	–	1.80	1.74	1.73	1.36	1.43	1.33	minus 0.10 pp	15,006
Shriram Finance	Financial Services	–	–	1.31	1.41	1.29	1.50	1.23	1.29	plus 0.06 pp	2,918
Varun Beverages	Fast Moving Consumer Goods	–	–	1.93	1.93	1.89	1.84	1.83	1.86	plus 0.03 pp	2,756
Piramal Finance	Financial Services	–	–	–	–	3.09	3.09	3.09	2.95	minus 0.14 pp	1,508
APL Apollo Tubes	Capital Goods	–	1.68	1.88	2.51	2.49	2.52	2.44	2.40	minus 0.04 pp	1,456
360 ONE WAM	Financial Services	–	–	2.28	2.29	2.12	2.40	2.74	2.73	minus 0.01 pp	1,341
Swiggy	Consumer Services	–	–	1.34	1.72	1.87	1.44	1.47	1.64	plus 0.17 pp	822
Manappuram Finance	Financial Services	–	–	2.52	2.48	2.48	2.24	2.24	2.47	plus 0.23 pp	755
Gland Pharma	Healthcare	–	–	1.49	1.34	1.36	1.36	1.34	1.32	minus 0.02 pp	690

Public holdings are disclosed only at 1% or more, so a stake that falls below 1% shows as exited. Fund houses show the total of their schemes that hold 1% or more.