Eternal gains 45.36% in six months as Zomato-Blinkit parent attracts 430 mutual funds; HDFC Consumption leads allocations

Six-month rally draws mutual fund interest

Eternal, the parent company of Zomato and Blinkit, posted a 45.36% rise over six months as investor funds increased exposure. By July 2026, 430 actively managed mutual fund schemes disclosed holdings in Eternal.

Top fund allocations

The largest stake came from the HDFC Consumption Fund, with a 10.7% allocation. Several other schemes showed exposure above 8%, signaling broad conviction among fund managers.

  • HDFC Consumption Fund – 10.7% allocation
  • Other schemes with exposure above 8% (several funds)

Analysts note Eternal’s role as the parent of Zomato and Blinkit places it at the center of the consumer internet and delivery ecosystem, drawing sustained attention from the mutual fund community amid shifting market conditions.

Tax Concept is a dedicated team of financial writers, legal analysts, and tax professionals committed to breaking down complex Indian corporate updates. From real-time GST amendments and crucial Income...

Leave a comment