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Data sourced from public AMC monthly portfolio disclosures and the AMFI scheme master. Portfolios as on: Aditya Birla SL MF (Apr 2026) · Axis MF (—) · DSP MF (Apr 2026) · HDFC MF (Apr 2026) · ICICI Pru MF (Apr 2026) · Kotak MF (—) · Mirae Asset MF (—) · Nippon India MF (Jul 2025) · SBI MF (Apr 2026) · UTI MF (—). Holdings are ISIN-verified equity positions. For information only — not investment advice.

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Electrical EquipmentINE152A01029

Thermax

Held by 46 funds across 9 fund houses in our coverage.

Coverage: 10 of India's largest fund houses — more added monthly.

Held by
46 funds
Fund houses
9
Total value held
₹5,295 Cr
Highest weight
5.18%
SBI Energy Opportunities Fund

Who holds Thermax?

#MoM
1SMSBI Energy Opportunities FundSBI MF•Sectoral / Thematic
5.18%
—₹462.19 Cr11.33 L
2SMSBI Innovative Opportunities FundSBI MF•Equity (Diversified)
3.52%
—₹175.34 Cr4.30 L
3ABAditya Birla Sun Life Midcap FundAditya Birla SL MF•Mid Cap
3.25%
—₹204.68 Cr5.02 L
4ABAditya Birla Sun Life Infrastructure FundAditya Birla SL MF•Sectoral / Thematic
2.90%
—₹33.93 Cr83.2K
5SMSBI Large Cap FundSBI MF•Large Cap
2.21%
—₹1,183 Cr29.00 L
6SMSBI Focused FundSBI MF•Focused
2.04%
—₹937.85 Cr23.00 L
7SMSBI ESG Exclusionary Strategy FundSBI MF•Sectoral / Thematic
1.86%
—₹98.04 Cr2.40 L
8KMKotak Flexicap FundKotak MF•Flexi Cap
1.62%
—₹886.88 Cr21.75 L
9ABAditya Birla Sun Life Retirement Fund - The 30S PlanAditya Birla SL MF•Solution-Oriented
1.61%
—₹6.99 Cr17.1K
10ABAditya Birla Sun Life Multi Asset Allocation FundAditya Birla SL MF•Hybrid
1.60%
—₹104.55 Cr2.56 L
11SMSBI Midcap FundSBI MF•Mid Cap
1.58%
—₹366.98 Cr9.00 L
12SMSbi Retirement Benefit Fund - Aggressive PlanSBI MF•Solution-Oriented
1.43%
—₹43.22 Cr1.06 L
13KMKotak Energy Opportunities FundKotak MF•Sectoral / Thematic
1.33%
—₹3.67 Cr9.0K
14SMSbi Retirement Benefit Fund - Aggressive Hybrid PlanSBI MF•Solution-Oriented
1.17%
—₹18.55 Cr45.5K
15ABAditya Birla Sun Life Manufacturing Equity FundAditya Birla SL MF•Sectoral / Thematic
1.15%
—₹13.26 Cr32.5K
16MAEnergyMirae Asset MF•Sectoral / Thematic
1.09%
—₹3.42 Cr8.4K
17UMexposureUTI MF•Equity (Diversified)
1.08%
—₹54.15 L1.3K
18ABAditya Birla Sun Life Retirement Fund - The 40S PlanAditya Birla SL MF•Solution-Oriented
0.99%
—₹1.11 Cr2.7K
19IPEnergyICICI Pru MF•Sectoral / Thematic
0.97%
—₹86.24 Cr2.11 L
20SMSBI ELSS Tax Saver FundSBI MF•ELSS (Tax Saver)
0.79%
—₹244.66 Cr6.00 L
21IPMulticapICICI Pru MF•Multi Cap
0.67%
—₹114.03 Cr2.80 L
22NINippon India ETF Nifty Midcap 150Nippon India MF•ETF
0.62%
—₹8.56 Cr18.3K
23NINippon India Nifty Midcap 150 Index FundNippon India MF•Index Fund
0.62%
—₹7.89 Cr16.9K
24SMSbi Retirement Benefit Fund - Conservative Hybrid PlanSBI MF•Solution-Oriented
0.62%
—₹1.59 Cr3.9K
25IPRetireeqICICI Pru MF•Equity (Diversified)
0.52%
—₹9.74 Cr23.9K
26KMKotak Large & Midcap FundKotak MF•Large & Mid Cap
0.51%
—₹152.91 Cr3.75 L
27KMKotak Nifty Midcap 150 Index FundKotak MF•Index Fund
0.41%
—₹12.52 L307
28IPMd150EtfICICI Pru MF•ETF
0.40%
—₹2.79 Cr6.8K
29IPMid150ICICI Pru MF•Equity (Diversified)
0.40%
—₹4.17 Cr10.2K
30ABAditya Birla Sun Life Nifty Midcap 150 Index FundAditya Birla SL MF•Index Fund
0.40%
—₹1.79 Cr4.4K
31SMSBI Nifty Midcap 150 Index FundSBI MF•Index Fund
0.40%
—₹4.21 Cr10.3K
32DMNifty Midcap 150 IndexDSP MF•Index Fund
0.40%
—₹5.22 L128
33KMKotak Nifty Midcap 150 ETFKotak MF•ETF
0.40%
—₹4.77 L117
34SMSBI Nifty Midcap150 ETFSBI MF•ETF
0.40%
—₹4.24 L104
35DMNifty Midcap 150 ETFDSP MF•ETF
0.40%
—₹2.49 L61
36ABAditya Birla Sun Life Bal Bhavishya YojnaAditya Birla SL MF•Equity (Diversified)
0.35%
—₹4.08 Cr10.0K
37NINippon India Growth FundNippon India MF•Equity (Diversified)
0.31%
—₹82.01 Cr1.76 L
38SMSbi Retirement Benefit Fund - Conservative PlanSBI MF•Solution-Oriented
0.28%
—₹40.78 L1.0K
39IPN250DexICICI Pru MF•Equity (Diversified)
0.20%
—₹53.54 L1.3K
40IPMidcapICICI Pru MF•Mid Cap
0.16%
—₹12.09 Cr29.6K
41IPSpbseetfICICI Pru MF•ETF
0.08%
—₹28.97 L710
42IPIndex500ICICI Pru MF•Index Fund
0.08%
—₹6.93 L170
43SMSBI Nifty 500 Index FundSBI MF•Index Fund
0.08%
—₹61.90 L1.5K
44DMNifty 500 IndexDSP MF•Index Fund
0.08%
—₹1.06 L26
45SMSBI Large and Midcap FundSBI MF•Large & Mid Cap
0.03%
—₹12.03 Cr29.5K
46AMAxis Nifty 500 Index FundAxis MF•Index Fund
—
—₹24.55 L602

By fund type

46funds
  • Large Cap22%
  • Focused18%
  • Flexi Cap17%
  • Sectoral / Thematic13%
  • Mid Cap11%
  • Equity (Diversified)5%
  • ELSS (Tax Saver)5%
  • Other9%

By fund house

  • SBI MF₹3,548 Cr15
  • Kotak MF₹1,044 Cr5
  • Aditya Birla SL MF₹370 Cr8
  • ICICI Pru MF₹230 Cr9
  • Nippon India MF₹98 Cr3
  • Mirae Asset MF₹3 Cr1
  • UTI MF₹1 Cr1
  • Axis MF₹0 Cr1
  • DSP MF₹0 Cr3

Funds here also hold

Torrent Power Ltd
Power
58
funds
Voltas Ltd
Consumer Durables
70
funds
Schaeffler India Ltd
Auto Components
72
funds
Bharat Forge Limited
Auto Components
90
funds
Honeywell Automation India Ltd
Industrial Manufacturing
52
funds
Reliance Industries Limited
Petroleum Products
202
funds

Thermax holdings — FAQ

How many mutual funds hold Thermax?
46 mutual funds and ETFs in WhoHolds' coverage hold Thermax Ltd, spread across 9 fund houses.
Which fund holds the most Thermax?
SBI Energy Opportunities Fund (SBI MF) gives it the highest weight, at 5.18% of the fund's portfolio.
What is the total value of Thermax held by these funds?
Together these funds hold about ₹5,295 Cr worth of Thermax (ISIN-verified equity positions).
As of when is this Thermax holdings data?
Portfolios as on SBI MF Apr 2026 · Aditya Birla SL MF Apr 2026 · Kotak MF — · Mirae Asset MF — · UTI MF — · ICICI Pru MF Apr 2026 · Nippon India MF Jul 2025 · DSP MF Apr 2026 · Axis MF —, taken from each AMC's public monthly portfolio disclosure. This is information only, not investment advice.

Portfolios as on: SBI MF Apr 2026 · Aditya Birla SL MF Apr 2026 · Kotak MF — · Mirae Asset MF — · UTI MF — · ICICI Pru MF Apr 2026 · Nippon India MF Jul 2025 · DSP MF Apr 2026 · Axis MF —. ISIN-verified equity positions from public AMC disclosures. Not investment advice.