Thermax Limited — MF Holdings India

Electrical Equipment

Thermax Limited

ISIN: INE152A01029 · Data as of Apr 2026

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Active Funds Holding

vs Last Month

+6 funds

Total Value

₹6,331.48 Cr

Avg Weight

1.31%

New Entries

Exits

Top Holder

SBI Energy Opportunities Fund - Direct Plan - Growth 5.18%

ℹ️ Index funds and ETFs are excluded from this analysis. They passively track an index and hold stocks mechanically — not because of a fund manager's conviction. Only actively managed funds reflect genuine fund manager decisions.

📋 What Changed This Month

Thermax Limited is currently held by 49 active mutual funds (excluding ETFs and Index funds) with a total exposure of ₹6,331.48 Cr. This month 8 funds entered and 2 funds exited. SBI Energy Opportunities Fund - Direct Plan - Growth has the highest allocation at 5.18%, followed by SBI Innovative Opportunities Fund - Direct Plan - Growth at 3.52%. ↓ Scroll down for full fund list and monthly changes.

Trend

Active Fund Count — Last 3 Months

Feb

Mar

Apr

This Month

Portfolio Changes — Apr 2026

▲ New Entries (8)

ICICI PRUDENTIAL ENERGY OPPORTUNITIES FUND - Direct Plan - Growth 0.97%

HSBC Large & Mid Cap Fund - Direct Growth 0.80%

HSBC Midcap Fund - Direct Growth 0.74%

HSBC Multi Asset Allocation Fund - Direct - Growth 0.72%

Franklin India Mid Cap Fund - Direct - Growth 0.67%

ICICI Prudential Multicap Fund - Direct Plan - Growth 0.67%

JM Midcap Fund (Direct) - Growth 0.50%

ICICI Prudential MidCap Fund - Direct Plan - Growth 0.16%

▼ Exits (2)

SBI Flexicap Fund - DIRECT PLAN - Growth Option 0.15%

CANARA ROBECO LARGE AND MID CAP FUND - DIRECT PLAN - GROWTH OPTION 0.05%

↑ Increased (32)

SBI Energy Opportunities Fund - Direct Plan - Growth +0.44%

SBI Innovative Opportunities Fund - Direct Plan - Growth +0.22%

Aditya Birla Sun Life Midcap Fund - Growth - Direct Plan +0.05%

Tata Multicap Fund - Direct Plan - Growth +0.24%

SBI Large Cap FUND-DIRECT PLAN -GROWTH +0.28%

Tata India Innovation Fund- Direct Growth +0.28%

SBI FOCUSED FUND - DIRECT PLAN -GROWTH +0.15%

Tata Large & MId Cap Fund -Direct Plan- Growth Option +0.02%

↓ Decreased (9)

Aditya Birla Sun Life Infrastructure Fund - Growth - Direct Plan -1.08%

LIC MF Value Fund-Direct Plan-Growth -0.85%

SBI MIDCAP FUND - DIRECT PLAN - GROWTH -0.32%

LIC MF Manufacturing Fund-Direct Plan-Growth -0.28%

LIC MF Infrastructure Fund-Direct Plan-Growth -0.31%

Kotak Large & Midcap Fund - Direct- Growth -0.03%

Franklin India Large & Mid Cap Fund - Direct - Growth -0.15%

ADITYA BIRLA SUN LIFE BAL BHAVISHYA YOJNA DIRECT GROWTH -0.99%

By Category

Fund Category Breakdown

Category	Funds	Avg Weight
Equity	17	1.52%
Mid Cap	16	1.06%
Multi Asset	3	1.02%
Multi Cap	2	1.55%
Value/Contra	2	1.76%
ELSS	2	0.75%
Flexi Cap	2	1.17%
Large Cap	1	2.21%
Aggressive Hybrid	1	1.17%
Focused	1	2.04%
Small Cap	1	0.94%
Dividend Yield	1	1.45%

All Holdings

All 49 Active Funds Holding Thermax Limited

Filter:

Fund ↕	Category ↕	Weight ↕	Value ↕	Change ↕
SBI Energy Opportunities Fund - Direct Plan - Growth SBI Mutual Fund	Equity	5.18%	₹462.19 Cr	+0.44%
SBI Innovative Opportunities Fund - Direct Plan - Growth SBI Mutual Fund	Equity	3.52%	₹175.34 Cr	+0.22%
Aditya Birla Sun Life Midcap Fund - Growth - Direct Plan Aditya Birla Sun Life Mutual Fund	Mid Cap	3.25%	₹204.68 Cr	+0.05%
Aditya Birla Sun Life Infrastructure Fund - Growth - Direct Plan Aditya Birla Sun Life Mutual Fund	Equity	2.90%	₹33.93 Cr	-1.08%
Tata Multicap Fund - Direct Plan - Growth Tata Mutual Fund	Multi Cap	2.43%	₹78.03 Cr	+0.24%
SBI Large Cap FUND-DIRECT PLAN -GROWTH SBI Mutual Fund	Large Cap	2.21%	₹1,182.50 Cr	+0.28%
Tata India Innovation Fund- Direct Growth Tata Mutual Fund	Equity	2.17%	₹29.57 Cr	+0.28%
SBI FOCUSED FUND - DIRECT PLAN -GROWTH SBI Mutual Fund	Focused	2.04%	₹937.85 Cr	+0.15%
Tata Large & MId Cap Fund -Direct Plan- Growth Option Tata Mutual Fund	Mid Cap	1.88%	₹146.79 Cr	+0.02%
LIC MF Value Fund-Direct Plan-Growth Lic Mutual Fund	Value/Contra	1.88%	₹3.91 Cr	-0.85%
SBI ESG Exclusionary Strategy Fund - Direct Plan -Growth SBI Mutual Fund	Equity	1.86%	₹98.04 Cr	+0.23%
Canara Robeco Mid Cap Fund- Direct Plan- Growth Option Canara Robeco Mutual Fund	Mid Cap	1.83%	₹81.27 Cr	+0.15%
Sundaram Infrastructure Advantage Fund Direct Plan - Growth Sundaram Mutual Fund	Equity	1.65%	₹16.31 Cr	+0.16%
Mahindra Manulife Value Fund - Direct Plan - Growth Mahindra Manulife Mutual Fund	Value/Contra	1.63%	₹12.64 Cr	+0.56%
Kotak Flexicap Fund - Growth - Direct Kotak Mutual Fund	Flexi Cap	1.62%	₹886.88 Cr	+0.21%
Aditya Birla Sun Life Multi Asset Allocation Fund-Direct Growth Aditya Birla Sun Life Mutual Fund	Multi Asset	1.60%	₹104.55 Cr	+0.19%
SBI MIDCAP FUND - DIRECT PLAN - GROWTH SBI Mutual Fund	Mid Cap	1.58%	₹366.98 Cr	-0.32%
Tata Digital India Fund-Direct Plan-Growth Tata Mutual Fund	Dividend Yield	1.45%	₹15.16 Cr	+0.13%
SBI Retirement Benefit Fund - Aggressive Plan - Direct Plan - Growth SBI Mutual Fund	Equity	1.43%	₹43.22 Cr	+0.16%
Tata Mid Cap Fund - Direct Plan- Growth Option Tata Mutual Fund	Mid Cap	1.40%	₹78.18 Cr	+0.15%
Kotak Energy Opportunities Fund-Direct-Growth Kotak Mutual Fund	Equity	1.33%	₹3.67 Cr	+0.05%
Sundaram Mid Cap Fund Direct Plan - Growth Sundaram Mutual Fund	Mid Cap	1.19%	₹159.03 Cr	+0.4%
LIC MF Large & Mid Cap Fund-Direct Plan-Growth Lic Mutual Fund	Mid Cap	1.18%	₹34.77 Cr	+0.69%
SBI Retirement Benefit Fund - Aggressive Hybrid Plan - Direct Plan - Growth SBI Mutual Fund	Aggressive Hybrid	1.17%	₹18.55 Cr	+0.16%
Aditya Birla Sun Life Manufacturing Equity Fund - Direct Plan - Growth Aditya Birla Sun Life Mutual Fund	Equity	1.15%	₹13.26 Cr	+0.11%
LIC MF Manufacturing Fund-Direct Plan-Growth Lic Mutual Fund	Equity	0.98%	₹7.33 Cr	-0.28%
ICICI PRUDENTIAL ENERGY OPPORTUNITIES FUND - Direct Plan - Growth ICICI Prudential Mutual Fund	Equity	0.97%	₹86.24 Cr	NEW
Edelweiss Small Cap Fund - Direct Plan - Growth Edelweiss Mutual Fund	Small Cap	0.94%	₹55.70 Cr	+0.07%
HSBC Large & Mid Cap Fund - Direct Growth HSBC Mutual Fund	Mid Cap	0.80%	₹39.24 Cr	NEW
CANARA ROBECO INFRASTRUCTURE FUND - DIRECT PLAN - GROWTH OPTION Canara Robeco Mutual Fund	Equity	0.79%	₹7.77 Cr	+0.07%
SBI ELSS Tax Saver FUND - DIRECT PLAN -GROWTH SBI Mutual Fund	ELSS	0.79%	₹244.66 Cr	+0.1%
Tata Multi Asset Allocation Fund-Direct Plan-Growth Tata Mutual Fund	Multi Asset	0.75%	₹37.39 Cr	+0.39%
HSBC Midcap Fund - Direct Growth HSBC Mutual Fund	Mid Cap	0.74%	₹99.54 Cr	NEW
HSBC Multi Asset Allocation Fund - Direct - Growth HSBC Mutual Fund	Multi Asset	0.72%	₹20.39 Cr	NEW
Sundaram ELSS Tax Saver Fund Direct Plan Growth Sundaram Mutual Fund	ELSS	0.71%	₹9.17 Cr	+0.16%
Sundaram Flexicap Fund Direct Growth Sundaram Mutual Fund	Flexi Cap	0.71%	₹14.27 Cr	+0.16%
Bandhan Large & Mid Cap Fund - Direct Plan - Growth Bandhan Mutual Fund	Mid Cap	0.69%	₹115.35 Cr	+0.28%
Franklin India Mid Cap Fund - Direct - Growth Franklin Templeton Mutual Fund	Mid Cap	0.67%	₹81.55 Cr	NEW
ICICI Prudential Multicap Fund - Direct Plan - Growth ICICI Prudential Mutual Fund	Multi Cap	0.67%	₹114.03 Cr	NEW
SBI Retirement Benefit Fund - Conservative Hybrid Plan - Direct Plan - Growth SBI Mutual Fund	Equity	0.62%	₹1.59 Cr	+0.11%
LIC MF Infrastructure Fund-Direct Plan-Growth Lic Mutual Fund	Equity	0.61%	₹6.42 Cr	-0.31%
Kotak Large & Midcap Fund - Direct- Growth Kotak Mutual Fund	Mid Cap	0.51%	₹152.91 Cr	-0.03%
JM Midcap Fund (Direct) - Growth JM Financial Mutual Fund	Mid Cap	0.50%	₹5.81 Cr	NEW
Franklin India Large & Mid Cap Fund - Direct - Growth Franklin Templeton Mutual Fund	Mid Cap	0.47%	₹16.08 Cr	-0.15%
ADITYA BIRLA SUN LIFE BAL BHAVISHYA YOJNA DIRECT GROWTH Aditya Birla Sun Life Mutual Fund	Equity	0.35%	₹4.08 Cr	-0.99%
SBI Retirement Benefit Fund - Conservative Plan - Direct Plan - Growth SBI Mutual Fund	Equity	0.28%	₹40.78 L	+0.01%
ICICI Prudential MidCap Fund - Direct Plan - Growth ICICI Prudential Mutual Fund	Mid Cap	0.16%	₹12.09 Cr	NEW
JioBlackRock Sector Rotation Fund - Direct Plan - Growth Option JioBlackRock Mutual Fund	Equity	0.09%	₹13.09 L	+0.02%
SBI LARGE & MIDCAP FUND -DIRECT PLAN -Growth SBI Mutual Fund	Mid Cap	0.03%	₹12.03 Cr	-0.16%