The stock has gained over 90 percent over the last six months and nearly 1500 percent over the last five year. At close, it was trading at $207.
Nvidia has surpassed the historic $5 trillion market capitalisation milestone on October 29, boosting the value of shares of the US chipmaker that several Indian mutual funds are holding in their portfolios.
According to data from PrimeMFDatabase.com, as of September 30, 2025, select Indian mutual fund schemes – both active and passive – continued to maintain exposure to Nvidia, and could benefit from the continued rally in the share price.
The company had raced past the $4 trillion m-cap just four months ago, in June this year.
Among the passive funds, the Motilal Oswal NASDAQ 100 ETF remained the largest holder with 6.44 lakh shares valued at Rs 1,067.2 crore, accounting for 9.88 percent of its net assets, compared with Rs 991.5 crore a month ago. ICICI Prudential NASDAQ 100 Index Fund held 1.52 lakh shares worth Rs 251.3 crore, also forming 9.88 percent of its corpus. The Mirae Asset NYSE FANG+ ETF and Mirae Asset S&P 500 Top 50 ETF recorded Nvidia holdings are valued at Rs 381.1 crore and Rs 124.6 crore respectively, while the Motilal Oswal S&P 500 Index Fund has reported an exposure of Rs 320.7 crore.
Among actively managed schemes, three funds hold Nvidia in their portfolios. The Aditya Birla Sun Life International Equity Fund owns 13,200 shares worth Rs 21.9 crore, representing 8.22 percent of its net assets, up from Rs 17.97 crore in August. The Axis Innovation Fund maintains 5,990 shares valued at Rs 9.92 crore, or 0.84 percent of assets, while the Edelweiss Technology Fund holds 26,886 shares worth Rs 44.5 crore, accounting for 6.54 percent of its portfolio.
The stock of Nvidia has gained over 90 percent over last six months and is nearly 1,500 percent higher in last five years.
Viram Shah, Founder, Vested Finance said that the company’s $5 trillion milestone is a testament of hope that investors have shown towards AI’s dominance. “Over the long run, AI is expected to add over $15 trillion to global GDP by 2030, but investors should understand that valuations are already pricing in a lot of that growth. While Nvidia is a dominant company in this fast-emerging field, as more players enter this space and regulations evolve, we could see more volatility. While the outlook is promising, investors should also be mindful of risks,” Viram Shah said.
In the second quarter of fiscal 2026, Nvidia reported a record revenue of $46.74 billion, marking a 56% on-year and 6% QoQ rise, with its data center segment as the main growth driver, contributing $41.1 billion in revenue amid surging global demand for AI and cloud computing infrastructure.
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