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Business
Bank of Maharashtra added to 11 stocks by 15+ MF schemes in August; shares forecast 240% rise by CY26
✍️ The Economic Times
🗓 23 Sep 2026, 06:02 AM
👁 9
In August, more than 15 mutual fund schemes added Bank of Maharashtra to their portfolios, taking the total number of funds holding the stock to 11. Analysts project the bank’s share price could climb up to 240% by calendar year 2026.
Several mutual fund schemes expanded their equity exposure in August by including shares of Bank of Maharashtra, a public sector lender headquartered in Mumbai. The move raised the count of mutual funds holding the bank’s stock to eleven, with more than fifteen schemes reporting the addition in their latest disclosures.
The influx of fund interest reflects a broader trend of investors seeking exposure to mid‑cap financial institutions that exhibit stable earnings and a growing loan book. Bank of Maharashtra has reported steady profit growth over the past quarters, bolstering confidence among portfolio managers.
Market analysts have projected a substantial upside for the bank’s equity, estimating that the share price could appreciate by as much as 240 percent by the end of calendar year 2026. The forecast is based on expected improvements in asset quality, higher net interest margins and the bank’s ongoing expansion of its retail and SME lending segments.
If the projected trajectory materialises, the stock could become one of the top performers in the banking sector, attracting further institutional inflows. Investors are advised to monitor the bank’s quarterly results and regulatory developments that could influence its growth outlook.
The Economic Times reported the data, citing fund disclosures and analyst estimates, and noted that the bank’s share price has already shown a notable rally since the August additions.
The influx of fund interest reflects a broader trend of investors seeking exposure to mid‑cap financial institutions that exhibit stable earnings and a growing loan book. Bank of Maharashtra has reported steady profit growth over the past quarters, bolstering confidence among portfolio managers.
Market analysts have projected a substantial upside for the bank’s equity, estimating that the share price could appreciate by as much as 240 percent by the end of calendar year 2026. The forecast is based on expected improvements in asset quality, higher net interest margins and the bank’s ongoing expansion of its retail and SME lending segments.
If the projected trajectory materialises, the stock could become one of the top performers in the banking sector, attracting further institutional inflows. Investors are advised to monitor the bank’s quarterly results and regulatory developments that could influence its growth outlook.
The Economic Times reported the data, citing fund disclosures and analyst estimates, and noted that the bank’s share price has already shown a notable rally since the August additions.