Track how many active mutual funds hold each electrical equipment stock in India. Four months of data shows where institutional conviction in power equipment, transformers, switchgear, wires, and cables is rising or falling.
📅 Updated Jun 2026 · Index funds and ETFs excluded
| # | Stock Name | Mar | Apr % | May % | Jun % | Jun 2026 Funds | Overall % | AUM (₹ Cr) |
|---|---|---|---|---|---|---|---|---|
| 1 | GE Vernova T&D India Limited | 140 | -1.4% | +2.9% | +2.1% | 145 | +3.6% | 16,126 |
| 2 | CG Power and Industrial Solutions Limited | 107 | +1.9% | +14.7% | +0.8% | 126 | +17.8% | 11,447 |
| 3 | Bharat Heavy Electricals Limited | 99 | +10.1% | +8.3% | +4.2% | 123 | +24.2% | 13,073 |
| 4 | ABB India Limited | 64 | +14.1% | +23.3% | +4.4% | 94 | +46.9% | 4,829 |
| 5 | Hitachi Energy India Limited | 70 | 0% | +14.3% | -3.8% | 77 | +10% | 3,989 |
| 6 | Apar Industries Limited | 59 | -1.7% | +10.3% | +6.3% | 68 | +15.3% | 12,851 |
| 7 | Siemens Limited | 60 | -3.3% | 0% | +5.2% | 61 | +1.7% | 3,558 |
| 8 | TD Power Systems Limited | 46 | +6.5% | +22.4% | +1.7% | 61 | +32.6% | 3,906 |
| 9 | Siemens Energy India Limited | 44 | +18.2% | +13.5% | 0% | 59 | +34.1% | 3,801 |
| 10 | Thermax Limited | 43 | +14% | +8.2% | +5.7% | 56 | +30.2% | 7,600 |
| 11 | Suzlon Energy Limited | 32 | +25% | +2.5% | +17.1% | 48 | +50% | 4,241 |
| 12 | Premier Energies Limited | 32 | +3.1% | +42.4% | -2.1% | 46 | +43.8% | 5,781 |
| 13 | Triveni Turbine Limited | 31 | +25.8% | +7.7% | +2.4% | 43 | +38.7% | 3,004 |
| 14 | Voltamp Transformers Limited | 26 | +15.4% | +3.3% | -3.2% | 30 | +15.4% | 2,509 |
| 15 | Avalon Technologies Limited | 27 | -7.4% | +16% | 0% | 29 | +7.4% | 2,447 |
| 16 | Elecon Engineering Company Limited | 11 | +127.3% | +16% | 0% | 29 | +163.6% | 656 |
| 17 | Schneider Electric Infrastructure Limited | 23 | 0% | +17.4% | 0% | 27 | +17.4% | 1,115 |
| 18 | Azad Engineering Ltd | 23 | +8.7% | 0% | -4% | 24 | +4.3% | 1,038 |
| 19 | Emmvee Photovoltaic Power Ltd | 21 | -4.8% | +10% | +4.5% | 23 | +9.5% | 1,155 |
| 20 | Bharat Bijlee Ltd. | 23 | -8.7% | -4.8% | 0% | 20 | -13% | 304 |
| 21 | Quality Power Electrical Eqp Ltd | 13 | 0% | +15.4% | 0% | 15 | +15.4% | 345 |
| 22 | Waaree Energies Limited | 14 | 0% | +7.1% | 0% | 15 | +7.1% | 2,170 |
| 23 | Atlanta Electricals Ltd | 5 | +60% | +12.5% | 0% | 9 | +80% | 442 |
| 24 | Inox Wind Limited | 6 | +50% | -11.1% | -12.5% | 7 | +16.7% | 582 |
| 25 | Saatvik Green Energy Limited | 6 | 0% | 0% | 0% | 6 | 0% | 518 |
| 26 | Vikram Solar Ltd. | 7 | 0% | -14.3% | -16.7% | 5 | -28.6% | 193 |
| 27 | Fujiyama Power Systems Limited | 3 | 0% | +33.3% | 0% | 4 | +33.3% | 235 |
| 28 | Indo Tech Transformers Limited | — | — | — | — | 4 | — | 15 |
| 29 | YASH HIGHVOLTAGE LTD | 3 | 0% | 0% | +33.3% | 4 | +33.3% | 20 |
| 30 | Bajel Projects Limited | 3 | 0% | 0% | 0% | 3 | 0% | 191 |
| 31 | Rishabh Instruments Ltd | 4 | -25% | 0% | -33.3% | 2 | -50% | 186 |
| 32 | Exicom Tele-Systems Ltd | 2 | -50% | +100% | -50% | 1 | -50% | 6 |
| 33 | GE Power India Limited | 1 | +100% | 0% | -50% | 1 | 0% | 8 |
| 34 | Genus Power Infrastructures Limited | 1 | 0% | 0% | 0% | 1 | 0% | 259 |
| 35 | Skipper Ltd. | 1 | 0% | 0% | 0% | 1 | 0% | 90 |
| 36 | Transformers And Rectifiers (India) Limited | 3 | +33.3% | -50% | -50% | 1 | -66.7% | 55 |
| 37 | Transrail Lighting Limited | 2 | -50% | 0% | -100% | — | -100% | — |
Siemens, ABB India, and Havells India consistently rank among the most widely held electrical equipment stocks across active equity mutual funds. The fund count shown here reflects only actively managed funds — index funds and ETFs are excluded — giving a cleaner picture of where fund managers are placing conviction bets within transformers, switchgear, and power equipment.
A high fund count does not always indicate a buy signal — it reflects broad institutional acceptance. Stocks with rising fund counts over four months indicate growing conviction. Cross-reference individual fund portfolios on our top stocks page or explore full holdings via the funds directory.
The Apr %, May %, and Jun % columns show month-on-month change in the number of active funds holding each stock. A positive percentage means more funds added the stock that month. A negative percentage means funds were exiting. The Overall % column — March to June — is the primary conviction signal. Consistent positive changes across all three months indicate sustained and growing institutional interest.
For context on SEBI disclosure requirements, refer to AMFI India. For regulatory guidelines, visit SEBI India. Explore sector performance trends using our market cap categories page.
No — all counts exclude index funds, ETFs, and fund of funds. Only actively managed equity mutual funds are counted. Index funds mechanically hold stocks in proportion to index weight — their holdings do not reflect active manager conviction. By excluding them, fund counts here more accurately represent where professional stock pickers are allocating capital within the electrical equipment sector.
To explore individual fund portfolios, visit the funds directory or use the SIP calculator to plan investments in funds with high electrical equipment exposure.