Which mutual funds hold Thermax Limited?

68 mutual funds hold Thermax Limited as of Jul 2026. The highest weight is 4.4% held by SBI Energy Opportunities Fund - Direct Plan - Growth. Data from official AMFI monthly portfolio disclosures.

What sector is Thermax Limited in?

Thermax Limited is in the Electrical Equipment sector and is categorised as by SEBI.

What is the SEBI market cap category of Thermax Limited?

As per SEBI and AMFI classification (Jan-Jun 2026), Thermax Limited is a Mid Cap stock ranked #212 with an average market cap of ₹44.15 K Cr.

Electrical Equipment

Thermax Limited

ISIN: INE152A01029 · Data as of Jul 2026

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Active Funds Holding

vs Last Month

+6 funds

Total Value

₹6,192.21 Cr

Avg Weight

1.24%

New Entries

Exits

Top Holder

SBI Energy Opportunities Fund - Direct Plan - Growth 4.4%

ℹ️ Index funds and ETFs are excluded. Only actively managed funds reflect genuine fund manager decisions.

Mid Cap Rank #212

₹26.15 K Cr

Avg Mkt Cap · Jan-Jun 2023 (3yr ago)

→

₹44.15 K Cr

Avg Mkt Cap · Jan-Jun 2026 (latest)

+68.8%

3yr change

SEBI · AMFI Market Cap List

📋 What Changed This Month Thermax Limited is currently held by 68 active mutual funds with total exposure of ₹6,192.21 Cr. This month 16 funds entered and 10 funds exited. SBI Energy Opportunities Fund - Direct Plan - Growth has the highest allocation at 4.4%. ↓ Scroll down for full fund list and monthly changes.

Trend

How Has Fund Coverage Changed — Last 5 Months?

Month	Funds	AUM (Cr)	AMCs	Status
Jul 2026 REFERENCE	68	₹6,192	49 / 49	✅ Complete
Jun 2026	62	₹7,638	49 / 49	✅ Complete
May 2026	55	₹7,818	49 / 49	✅ Complete
Apr 2026	50	₹6,333	49 / 49	✅ Complete
Mar 2026	44	₹4,892	48 / 49

📌 Portfolio changes below are based on Jul 2026 data — the most complete month with 49 AMCs we cover uploaded.

This Month

What Changed in the Portfolio — Jul 2026?

Note: Index funds and ETFs are excluded from this analysis. Their holdings change due to index rebalancing, not active fund manager decisions, and do not reflect genuine conviction buys or exits.

▲ New Entries (16)

Sundaram Large and Midcap Fund Direct Plan - Growth 2.02%

LIC MF Aggressive Hybrid Fund-Direct Plan-Growth 1.72%

Samco Multi Cap Fund 1.49%

LIC MF Mid Cap Fund-Direct Plan-Growth 1.44%

Samco Special Opportunities Fund 1.38%

Sundaram Multi Cap Fund (Formerly Known as Principal Multi Cap Growth Fund)-Direct Plan - Growth Option 1.17%

TRUSTMF MID CAP FUND -DIRECT -GROWTH 1.03%

ITI Large & Mid Cap Fund 0.72%

▼ Exits (10)

Tata India Innovation Fund- Direct Growth 2.14%

Tata Multicap Fund - Direct Plan - Growth 1.96%

SBI ESG Exclusionary Strategy Fund - Direct Plan -Growth 1.78%

Edelweiss Small Cap Fund - Direct Plan - Growth 1.07%

ICICI PRUDENTIAL ENERGY OPPORTUNITIES FUND - Direct Plan - Growth 0.87%

Tata Large & MId Cap Fund -Direct Plan- Growth Option 0.86%

Tata Digital India Fund-Direct Plan-Growth 0.7%

ITI Large & Midcap Fund - Direct Plan - Growth 0.4%

↑ Increased (4)

JM Midcap Fund (Direct) - Growth +0.52%

ITI Multi Cap Fund - Direct Plan - Growth Option +0.17%

ITI Small Cap Fund - Direct Plan - Growth Option +0.28%

ITI Mid Cap Fund - Direct Plan - Growth Option +0.25%

↓ Decreased (48)

SBI Energy Opportunities Fund - Direct Plan - Growth -0.83%

Motilal Oswal Manufacturing Fund - Direct Plan- Growth -0.65%

Motilal Oswal Infrastructure Fund-Direct-Growth -0.72%

SBI Innovative Opportunities Fund - Direct Plan - Growth -1.53%

Aditya Birla Sun Life Midcap Fund - Growth - Direct Plan -0.32%

Samco Mid Cap Fund -0.45%

HSBC Midcap Fund - Direct Growth -0.49%

Bajaj Finserv Flexi Cap Fund-Direct Plan-Growth -0.31%

By Category

Which Fund Categories Hold This Stock?

Category	Funds	Avg Weight
Mid Cap	23	1.23%
Equity	20	1.38%
Multi Cap	5	1.06%
Flexi Cap	4	1.38%
Multi Asset	4	1.06%
Large Cap	2	1.1%
Balanced Advantage	2	0.94%
Aggressive Hybrid	2	1.46%
ELSS	2	0.67%
Focused	1	1.98%
Small Cap	1	1.31%
Dividend Yield	1	1.12%
Value/Contra	1	0.84%

All Holdings

Which 68 Active Funds Hold Thermax Limited?

Filter:

Fund ↕	Category ↕	Weight ↕	Value ↕	Change ↕
SBI Energy Opportunities Fund - Direct Plan - Growth SBI Mutual Fund	Equity	4.4%	₹380.42 Cr	-0.83%
Motilal Oswal Manufacturing Fund - Direct Plan- Growth Motilal Oswal Mutual Fund	Equity	3.6%	₹24.40 Cr	-0.65%
Motilal Oswal Infrastructure Fund-Direct-Growth Motilal Oswal Mutual Fund	Equity	3.39%	₹5.00 Cr	-0.72%
Aditya Birla Sun Life Midcap Fund - Growth - Direct Plan Aditya Birla Sun Life Mutual Fund	Mid Cap	2.78%	₹186.96 Cr	-0.32%
SBI Innovative Opportunities Fund - Direct Plan - Growth SBI Mutual Fund	Equity	2.48%	₹129.18 Cr	-1.53%
Samco Mid Cap Fund Samco Mutual Fund	Mid Cap	2.39%	₹1.87 Cr	-0.45%
HSBC Midcap Fund - Direct Growth HSBC Mutual Fund	Mid Cap	2.29%	₹356.00 Cr	-0.49%
Bajaj Finserv Flexi Cap Fund-Direct Plan-Growth Bajaj Finserv Mutual Fund	Flexi Cap	2.18%	₹178.37 Cr	-0.31%
Bajaj Finserv Large and Mid Cap Fund- Direct Plan- Growth Bajaj Finserv Mutual Fund	Mid Cap	2.09%	₹50.99 Cr	-0.32%
Sundaram Large and Midcap Fund Direct Plan - Growth Sundaram Mutual Fund	Mid Cap	2.02%	₹146.07 Cr	NEW
SBI FOCUSED FUND - DIRECT PLAN -GROWTH SBI Mutual Fund	Focused	1.98%	₹990.38 Cr	-0.53%
LIC MF Large & Mid Cap Fund-Direct Plan-Growth Lic Mutual Fund	Mid Cap	1.87%	₹58.68 Cr	-0.4%
SBI Large Cap FUND-DIRECT PLAN -GROWTH SBI Mutual Fund	Large Cap	1.82%	₹1,009.09 Cr	-0.48%
Sundaram Infrastructure Advantage Fund Direct Plan - Growth Sundaram Mutual Fund	Equity	1.76%	₹17.22 Cr	-0.3%
LIC MF Balanced Advantage Fund-Direct Plan-Growth Lic Mutual Fund	Balanced Advantage	1.73%	₹11.84 Cr	-0.34%
Canara Robeco Mid Cap Fund- Direct Plan- Growth Option Canara Robeco Mutual Fund	Mid Cap	1.72%	₹85.82 Cr	-0.41%
LIC MF Aggressive Hybrid Fund-Direct Plan-Growth Lic Mutual Fund	Aggressive Hybrid	1.72%	₹9.30 Cr	NEW
Kotak Flexicap Fund - Growth - Direct Kotak Mutual Fund	Flexi Cap	1.67%	₹936.56 Cr	-0.34%
Sundaram Mid Cap Fund Direct Plan - Growth Sundaram Mutual Fund	Mid Cap	1.58%	₹228.76 Cr	-0.08%
Aditya Birla Sun Life Multi Asset Allocation Fund-Direct Growth Aditya Birla Sun Life Mutual Fund	Multi Asset	1.52%	₹110.32 Cr	-0.37%
JM Midcap Fund (Direct) - Growth JM Financial Mutual Fund	Mid Cap	1.5%	₹19.48 Cr	+0.52%
Samco Multi Cap Fund Samco Mutual Fund	Multi Cap	1.49%	₹3.41 Cr	NEW
LIC MF Mid Cap Fund-Direct Plan-Growth Lic Mutual Fund	Mid Cap	1.44%	₹5.43 Cr	NEW
SBI Retirement Benefit Fund - Aggressive Plan - Direct Plan - Growth SBI Mutual Fund	Equity	1.44%	₹45.64 Cr	-0.32%
Samco Special Opportunities Fund ITI Mutual Fund	Equity	1.38%	₹1.67 Cr	NEW
Samco Multi Asset Allocation Fund Samco Mutual Fund	Multi Asset	1.34%	₹5.27 Cr	-0.93%
ITI Multi Cap Fund - Direct Plan - Growth Option ITI Mutual Fund	Multi Cap	1.32%	₹19.36 Cr	+0.17%
ITI Small Cap Fund - Direct Plan - Growth Option ITI Mutual Fund	Small Cap	1.31%	₹45.31 Cr	+0.28%
Samco Active Momentum Fund Samco Mutual Fund	Equity	1.27%	₹8.68 Cr	-0.11%
SBI Retirement Benefit Fund - Aggressive Hybrid Plan - Direct Plan - Growth SBI Mutual Fund	Aggressive Hybrid	1.2%	₹19.59 Cr	-0.25%
Sundaram Flexicap Fund Direct Growth Sundaram Mutual Fund	Flexi Cap	1.17%	₹23.48 Cr	-0.06%
Sundaram ELSS Tax Saver Fund Direct Plan Growth Sundaram Mutual Fund	ELSS	1.17%	₹15.22 Cr	-0.05%
LIC MF Manufacturing Fund-Direct Plan-Growth Lic Mutual Fund	Equity	1.17%	₹9.16 Cr	-0.23%
Sundaram Multi Cap Fund (Formerly Known as Principal Multi Cap Growth Fund)-Direct Plan - Growth Option Sundaram Mutual Fund	Multi Cap	1.17%	₹34.86 Cr	NEW
TATA DIVIDEND YIELD FUND Tata Mutual Fund	Dividend Yield	1.12%	₹12.52 Cr	-0.25%
Sundaram Multi-Factor Fund - Direct - Growth Sundaram Mutual Fund	Equity	1.1%	₹9.96 Cr	-0.22%
Samco Large & Mid Cap Fund Samco Mutual Fund	Mid Cap	1.09%	₹1.11 Cr	-0.08%
Aditya Birla Sun Life Manufacturing Equity Fund - Direct Plan - Growth Aditya Birla Sun Life Mutual Fund	Equity	1.09%	₹14.00 Cr	-0.27%
SBI MIDCAP FUND - DIRECT PLAN - GROWTH SBI Mutual Fund	Mid Cap	1.06%	₹258.36 Cr	-0.22%
TRUSTMF MID CAP FUND -DIRECT -GROWTH Trust Mutual Fund	Mid Cap	1.03%	₹4.43 Cr	NEW
Tata Mid Cap Fund - Direct Plan- Growth Option Tata Mutual Fund	Mid Cap	1.01%	₹61.03 Cr	-0.24%
Aditya Birla Sun Life Infrastructure Fund - Growth - Direct Plan Aditya Birla Sun Life Mutual Fund	Equity	0.99%	₹12.25 Cr	-0.07%
HSBC Large & Mid Cap Fund - Direct Growth HSBC Mutual Fund	Mid Cap	0.97%	₹53.17 Cr	-0.22%
Edelweiss Business Cycle Fund - Direct Plan - Growth Edelweiss Mutual Fund	Equity	0.86%	₹12.49 Cr	-0.15%
LIC MF Value Fund-Direct Plan-Growth Lic Mutual Fund	Value/Contra	0.84%	₹2.18 Cr	-0.21%
CANARA ROBECO INFRASTRUCTURE FUND - DIRECT PLAN - GROWTH OPTION Canara Robeco Mutual Fund	Equity	0.74%	₹7.35 Cr	-0.14%
ITI Large & Mid Cap Fund ITI Mutual Fund	Mid Cap	0.72%	₹5.35 Cr	NEW
HSBC Multi Asset Allocation Fund - Direct - Growth HSBC Mutual Fund	Multi Asset	0.7%	₹21.53 Cr	-0.15%
HSBC Multi Cap Fund - Direct - Growth HSBC Mutual Fund	Multi Cap	0.66%	₹39.75 Cr	-0.15%
Tata Multi Asset Allocation Fund-Direct Plan-Growth Tata Mutual Fund	Multi Asset	0.66%	₹34.75 Cr	-0.15%
SBI Retirement Benefit Fund - Conservative Hybrid Plan - Direct Plan - Growth SBI Mutual Fund	Equity	0.66%	₹1.68 Cr	-0.12%
ITI Mid Cap Fund - Direct Plan - Growth Option ITI Mutual Fund	Mid Cap	0.65%	₹9.57 Cr	+0.25%
ICICI Prudential Multicap Fund - Direct Plan - Growth ICICI Prudential Mutual Fund	Multi Cap	0.64%	₹120.41 Cr	-0.15%
TRUSTMF Large & Mid Cap Fund Trust Mutual Fund	Mid Cap	0.54%	₹1.52 Cr	NEW
Edelweiss Mid Cap Fund - Direct Plan - Growth Option Edelweiss Mutual Fund	Mid Cap	0.53%	₹98.92 Cr	-0.14%
JioBlackRock Flexi Cap Fund - Direct Plan - Growth Option JioBlackRock Mutual Fund	Flexi Cap	0.5%	₹16.32 Cr	NEW
Edelweiss Flexi Cap Fund - Direct Plan - Growth Option Edelweiss Mutual Fund	Equity	0.46%	₹16.56 Cr	-0.11%
Bandhan Large & Mid Cap Fund - Direct Plan - Growth Bandhan Mutual Fund	Mid Cap	0.42%	₹82.29 Cr	-0.45%
JioBlackRock Large Cap Fund JioBlackRock Mutual Fund	Large Cap	0.37%	₹16.66 L	NEW
SBI Retirement Benefit Fund - Conservative Plan - Direct Plan - Growth SBI Mutual Fund	Equity	0.31%	₹43.06 L	-0.05%
PGIM India Midcap Fund - Direct Plan - Growth Option PGIM India Mutual Fund	Mid Cap	0.25%	₹27.58 Cr	-0.05%
SBI ELSS Tax Saver FUND - DIRECT PLAN -GROWTH SBI Mutual Fund	ELSS	0.16%	₹51.94 Cr	-0.08%
ICICI Prudential MidCap Fund - Direct Plan - Growth ICICI Prudential Mutual Fund	Mid Cap	0.16%	₹12.77 Cr	-0.03%
ZERODHA LIFE CYCLE FUND 2041 Zerodha Mutual Fund	Equity	0.15%	₹2.15 L	NEW
Bajaj Finserv Balanced Advantage Fund-Direct Plan-Growth Bajaj Finserv Mutual Fund	Balanced Advantage	0.14%	₹1.82 Cr	NEW
Edelweiss Nifty LargeMidcap250 Plus 8-13yr G-Sec 70 30 Index Fund Edelweiss Mutual Fund	Equity	0.14%	₹7.58 L	NEW
ZERODHA LIFE CYCLE FUND 2036 Zerodha Mutual Fund	Equity	0.12%	₹1.77 L	NEW
ICICI Prudential Large & Mid Cap Fund - Direct Plan - Growth ICICI Prudential Mutual Fund	Mid Cap	0.08%	₹26.08 Cr	NEW

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Data source: Official AMFI monthly portfolio disclosures. Updated every month. Index funds and ETFs excluded. Disclaimer: This is not investment advice. Consult a SEBI-registered advisor before investing.