Free: check your portfolio overlap & returns vs Nifty →
Home / Stocks / Thermax

Which mutual funds hold Thermax?

114 Direct Growth mutual fund schemes held Thermax (Industrials) at the end of Aug 2026, 4 fewer than in Jul 2026. The largest position was in SBI Energy Opportunities Fund, at 4.14% of the scheme.

Portfolios as of Aug 2026 · ISIN INE152A01029
Schemes holding
114
New entries
1
Fully exited
7
Increased
48
Decreased
14
Average weight
0.77%

By fund type: Equity 47 · Index 47 · Other 12 · Hybrid 8

What changed in Aug 2026

vs Jul 2026 · by number of shares

New entries (1)

  • Kotak Active Momentum Fund Sectoral / Thematic— → 1.50%

Fully exited (7)

  • Motilal Oswal Manufacturing Fund Sectoral / Thematic3.60%
  • Motilal Oswal Infrastructure Fund Sectoral / Thematic3.39%
  • LIC Mf Large & Mid Cap Fund Large & Mid Cap1.87%
  • Samco Special Opportunities Fund Sectoral / Thematic1.38%
  • Samco Active Momentum Fund Sectoral / Thematic1.27%
  • Samco Large & Mid Cap Fund Large & Mid Cap1.09%
  • TRUSTMF Large & Midcap Fund Large & Mid Cap0.54%

Increased (48)

  • LIC Mf Mid Cap Fund Mid Cap1.44% → 2.69%
  • LIC Mf Aggressive Hybrid Fund Aggressive Hybrid1.72% → 2.19%
  • Sundaram Large and Midcap Fund Large & Mid Cap2.02% → 1.99%
  • Sundaram Mid Cap Fund Mid Cap1.58% → 1.77%
  • Sundaram Flexicap Fund Flexi Cap1.17% → 1.75%
  • Sundaram ELSS Tax Saver Fund ELSS (Tax Saver)1.17% → 1.74%
  • Samco Multi Cap Fund Multi Cap1.49% → 1.46%
  • JM Mid Cap Fund Mid Cap1.50% → 1.34%
  • ITI Multi Cap Fund Multi Cap1.32% → 1.32%
  • Edelweiss Nifty Midcap150 Momentum 50 Index Fund Equity Index1.40% → 1.23%
  • Kotak Nifty Midcap 150 Momentum 50 Index Fund Equity Index1.40% → 1.23%
  • SBI Nifty Midcap 150 Momentum 50 Etf Fof Other1.40% → 1.23%
  • Mirae Asset BSE Midcap 150 Momentum 30 Etf Fof Other1.38% → 1.19%
  • Sundaram Multi-Factor Fund Sectoral / Thematic1.10% → 1.11%
  • Axis Nifty500 Momentum 50 Index Fund Equity Index1.11% → 0.96%
  • Groww Nifty 500 Momentum 50 Etf Fof Other1.11% → 0.96%
  • Kotak Nifty500 Momentum 50 Index Fund Equity Index1.11% → 0.96%
  • Nippon India Nifty 500 Momentum 50 Index Fund Equity Index1.11% → 0.96%
  • ITI Large & Midcap Fund Large & Mid Cap0.72% → 0.85%
  • Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 Etf Fund of Fund Other0.96% → 0.84%
  • UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund Equity Index0.96% → 0.84%
  • ITI Mid Cap Fund Mid Cap0.65% → 0.75%
  • Nippon India Nifty Midcap 150 Index Fund Equity Index0.40% → 0.36%
  • Tata Nifty Midcap 150 Index Fund Equity Index0.40% → 0.36%
  • DSP Nifty Midcap 150 Index Fund Equity Index0.40% → 0.35%
  • Groww Nifty Midcap 150 Index Fund Equity Index0.40% → 0.35%
  • HDFC Nifty Midcap 150 Index Fund Equity Index0.40% → 0.35%
  • ICICI Prudential Nifty Midcap 150 Index Fund Equity Index0.40% → 0.35%
  • Kotak Nifty Midcap 150 Index Fund Equity Index0.40% → 0.35%
  • SBI Nifty Midcap 150 Index Fund Equity Index0.40% → 0.35%
  • UTI Nifty Midcap 150 Index Fund Equity Index0.40% → 0.35%
  • ICICI Prudential Large & Mid Cap Fund Large & Mid Cap0.08% → 0.31%
  • Navi Nifty midsmallcap 400 Index Fund Equity Index0.26% → 0.23%
  • HDFC Nifty LargeMidcap 250 Index Fund Equity Index0.20% → 0.18%
  • ICICI Prudential Nifty LargeMidcap 250 Index Fund Equity Index0.20% → 0.18%
  • Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund Equity Index0.20% → 0.18%
  • Zerodha Nifty LargeMidcap 250 Index Fund Equity Index0.20% → 0.18%
  • Zerodha Nifty MidSmallcap400 50:50 Index Fund Equity Index0.20% → 0.18%
  • Zerodha Life Cycle Fund 2041 Other0.15% → 0.14%
  • Edelweiss Nifty LargeMidcap 250 Plus 8-13 yr G-Sec 70-30 Index Fund Debt Index0.14% → 0.13%
  • Zerodha Nifty LargeMidcap250 Plus 8-13 Yr G-Sec 70:30 Index Fund Debt Index0.14% → 0.12%
  • Zerodha Life Cycle Fund 2036 Other0.12% → 0.11%
  • HDFC BSE 500 Index Fund Equity Index0.08% → 0.08%
  • ICICI Prudential Nifty 500 Index Fund Equity Index0.08% → 0.08%
  • JioBlackRock Sector Rotation Fund Sectoral / Thematic0.08% → 0.08%
  • Bandhan Nifty Total Market Index Fund Equity Index0.08% → 0.07%
  • DSP Nifty 500 Index Fund Equity Index0.08% → 0.07%
  • Mirae Asset Nifty Total Market Index Fund Equity Index0.08% → 0.07%

Decreased (14)

  • SBI Innovative Opportunities Fund Sectoral / Thematic2.48% → 1.42%
  • Bandhan Nifty 500 Momentum 50 Index Fund Equity Index1.11% → 0.96%
  • SBI Midcap Fund Mid Cap1.06% → 0.79%
  • Edelweiss Business Cycle Fund Sectoral / Thematic0.86% → 0.72%
  • Baroda BNP Paribas Nifty Midcap 150 Index Fund Equity Index0.41% → 0.36%
  • Bandhan Nifty Midcap 150 Index Fund Equity Index0.40% → 0.35%
  • JioBlackRock Nifty Midcap 150 Index Fund Equity Index0.40% → 0.35%
  • HSBC Multi Cap Fund Multi Cap0.66% → 0.33%
  • JioBlackRock Flexi Cap Fund Flexi Cap0.50% → 0.31%
  • UTI Nifty500 Shariah Index Fund Equity Index0.28% → 0.25%
  • Bandhan Large & Mid Cap Fund Large & Mid Cap0.42% → 0.20%
  • SBI ELSS Tax Saver Fund ELSS (Tax Saver)0.16% → 0.12%
  • JioBlackRock Large Cap Fund Large Cap0.37% → 0.10%
  • HSBC Equity Savings Fund Equity Savings0.90% → 0.07%

Weight shown as last month → this month. Only the 1,622 schemes with portfolios for both months are compared.

All 114 schemes holding Thermax

Sorted by weight in the scheme
#SchemeCategoryWeightSharesThis month
1
SBI Energy Opportunities Fund
SBI
Sectoral / Thematic4.14%8,83,474Unchanged
2
LIC Mf Mid Cap Fund
LIC
Mid Cap2.69%27,072Increased
3
Aditya Birla Sun Life Midcap Fund
Aditya Birla Sun Life
Mid Cap2.43%4,34,194Unchanged
4
LIC Mf Aggressive Hybrid Fund
LIC
Aggressive Hybrid2.19%31,599Increased
5
Sundaram Large and Midcap Fund
Sundaram
Large & Mid Cap1.99%3,84,230Increased
6
HSBC Midcap Fund
HSBC
Mid Cap1.88%8,26,746Unchanged
7
Sundaram
Mid Cap1.77%6,76,110Increased
8
SBI Focused Fund
SBI
Focused1.75%23,00,000Unchanged
9
Sundaram Flexicap Fund
Sundaram
Flexi Cap1.75%88,021Increased
10
Sundaram ELSS Tax Saver Fund
Sundaram
ELSS (Tax Saver)1.74%57,352Increased
11
SBI
Large Cap1.66%23,43,447Unchanged
12
Sundaram Infrastructure Advantage Fund
Sundaram
Sectoral / Thematic1.61%40,000Unchanged
13
LIC Mf Balanced Advantage Fund
LIC
Balanced Advantage1.54%27,500Unchanged
14
Kotak Active Momentum Fund
Kotak Mahindra
Sectoral / Thematic1.50%63,804New entry
15
Kotak Flexi Cap Fund
Kotak Mahindra
Flexi Cap1.50%21,75,000Unchanged
16
Canara Robeco Mid Cap Fund
Canara Robeco
Mid Cap1.49%1,99,303Unchanged
17
Samco Multi Cap Fund
Samco
Multi Cap1.46%8,611Increased
18
SBI Innovative Opportunities Fund
SBI
Sectoral / Thematic1.42%2,00,000Decreased
19
JM Mid Cap Fund
JM Financial
Mid Cap1.34%46,741Increased
20
SBI ESG Exclusionary Strategy Fund
SBI
Sectoral / Thematic1.34%1,84,435Unchanged
21
ITI
Multi Cap1.32%52,052Increased
22
Aditya Birla Sun Life Multi Asset Allocation Fund
Aditya Birla Sun Life
Multi Asset Allocation1.31%2,56,191Unchanged
23
SBI Retirement Benefit Fund - Aggressive Plan
SBI
Other1.28%1,06,000Unchanged
24
Edelweiss Nifty Midcap150 Momentum 50 Index Fund
Edelweiss
Equity Index1.23%57,670Increased
25
Kotak Nifty Midcap 150 Momentum 50 Index Fund
Kotak Mahindra
Equity Index1.23%14,893Increased
26
SBI Nifty Midcap 150 Momentum 50 Etf Fof
SBI
Other1.23%4,118Increased
27
Tata Nifty Midcap 150 Momentum 50 Index Fund
Tata
Equity Index1.23%40,097Unchanged
28
Mirae Asset BSE Midcap 150 Momentum 30 Etf Fof
Mirae Asset
Other1.19%2,376Increased
29
Samco Multi Asset Allocation Fund
Samco
Multi Asset Allocation1.19%12,249Unchanged
30
ITI
Small Cap1.14%1,05,235Unchanged
31
Sundaram Multi-Factor Fund
Sundaram
Sectoral / Thematic1.11%24,802Increased
32
LIC Mf Manufacturing Fund
LIC
Sectoral / Thematic1.06%21,262Unchanged
33
SBI Retirement Benefit Fund - Aggressive Hybrid Plan
SBI
Other1.06%45,500Unchanged
34
Sundaram Multi Cap Fund
Sundaram
Multi Cap1.03%80,966Unchanged
35
Tata Dividend Yield Fund
Tata
Dividend Yield0.98%29,080Unchanged
36
Axis Nifty500 Momentum 50 Index Fund
Axis
Equity Index0.96%4,400Increased
37
Bandhan Nifty 500 Momentum 50 Index Fund
Bandhan
Equity Index0.96%923Decreased
38
Groww Nifty 500 Momentum 50 Etf Fof
Groww
Other0.96%735Increased
39
Kotak Nifty500 Momentum 50 Index Fund
Kotak Mahindra
Equity Index0.96%648Increased
40
Motilal Oswal Nifty 500 Momentum 50 Index Fund
Motilal Oswal
Equity Index0.96%20,280Unchanged

Want to know what this means for your portfolio?

Owning Thermax through several funds at once is common — and easy to miss. Sulekha Sen can check what your funds really hold and whether it fits your goals.

Book a free 30-min call →

Or read more about Sulekha · try a related calculator

Data: each AMC’s SEBI-mandated monthly portfolio disclosure, Aug 2026 (compared with Jul 2026). Holdings change after month-end. Direct Plan – Growth schemes only; one row per scheme. Changes are measured by number of shares or units, not portfolio weight. Not investment advice, and not a recommendation to buy, sell or hold any security or scheme. Mutual fund investments are subject to market risks, read all scheme related documents carefully.