Mutual Funds Holding Bharat Heavy Electricals Limited

Industrials189 fundsISIN INE257A01026

As of 30 September 2026, 189 Indian mutual funds hold Bharat Heavy Electricals Limited (Industrials), led by Aditya Birla Sun Life Psu Equity Fund at 6.69% of its net assets, per the AMCs' SEBI-mandated monthly disclosures.

As of 30 September 2026, 189 Indian mutual fund schemes disclose a holding in Bharat Heavy Electricals Limited (Industrials). The table below lists every fund holding this stock along with its weight as a percentage of the fund's net assets (% to NAV), sorted from the highest conviction position downward.

Holding Analysis

Across the 189 funds holding Bharat Heavy Electricals Limited, the average position size is 1.45% of net assets. The highest-conviction holder is Aditya Birla Sun Life Psu Equity Fund (Thematic), at 6.69%. Equity funds account for 96 of the 189 holders, with the rest spread across 2 other categories. Over the last month, 4 funds initiated a new position and 2 funds exited, with the largest weight change at quant PSU Fund (-9.87pp to 0%).

Fund Activity Last Month

How funds changed their Bharat Heavy Electricals Limited position between their two latest monthly disclosures. Weights are % to NAV; weight moves can also reflect price changes, not only buying or selling.

4 started a position2 exited7 increased15 reduced

New Positions

Bandhan Multi-Factor Fund at 2.52%
UTI Quant Fund at 0.76%
Edelweiss Aggressive Hybrid Fund at 0.37%
ICICI Prudential Large & Mid Cap Fund at 0.36%

Complete Exits

The Wealth Company Flexi Cap Fund was 1.91%
TATA BUSINESS CYCLE FUND was 0.94%

Weight Increased

Fund	Weight	Change
The Wealth Company Arbitrage Fund	4.48% → 4.99%	▲ +0.51
TRUSTMF Large & Mid Cap Fund	0.62% → 1.02%	▲ +0.4
Baroda BNP Paribas Focused Fund	3.2% → 3.59%	▲ +0.39
Edelweiss Business Cycle Fund	1.24% → 1.52%	▲ +0.28
SBI Arbitrage Opportunities Fund	0.64% → 0.89%	▲ +0.25
Navi ELSS Tax Saver Fund	2.13% → 2.25%	▲ +0.12
Baroda BNP Paribas Manufacturing Fund	5.62% → 5.73%	▲ +0.11

Weight Reduced

Fund	Weight	Change
quant PSU Fund	9.87% → 0%	▼ -9.87
quant Manufacturing Fund	9.75% → 0%	▼ -9.75
quant Dynamic Asset Allocation Fund	7.89% → 0%	▼ -7.89
quant Large & Mid Cap Fund	4.59% → 0%	▼ -4.59
quant Aggressive Hybrid Fund	3.98% → 0%	▼ -3.98
quant Momentum Fund	4.9% → 1.57%	▼ -3.33
quant Value Fund	4.84% → 1.57%	▼ -3.27
Aditya Birla Sun Life Quant Fund	2.49% → 0.87%	▼ -1.62
Taurus Mid Cap Fund	2.17% → 0.6%	▼ -1.57
Samco Mid Cap Fund	3.38% → 2.56%	▼ -0.82
Bandhan Arbitrage Fund	1.09% → 0.74%	▼ -0.35
Baroda BNP Paribas Arbitrage Fund	1.11% → 0.81%	▼ -0.3
quant Focused Fund	6.56% → 6.35%	▼ -0.21
Mirae Asset Infrastructure Fund	3.35% → 3.18%	▼ -0.17
quant Infrastructure Fund	5.02% → 4.85%	▼ -0.17

Funds Holding Bharat Heavy Electricals Limited

#	Fund	AMC	Category	% to NAV
1	Aditya Birla Sun Life Psu Equity Fund	Aditya Birla Sun Life Mutual Fund	Thematic	6.69%
2	quant Focused Fund	quant Mutual Fund	Equity	6.35%
3	Baroda BNP Paribas Manufacturing Fund	Baroda BNP Paribas Mutual Fund	Thematic	5.73%
4	quant Mid Cap Fund	quant Mutual Fund	Equity	5.03%
5	The Wealth Company Arbitrage Fund	The Wealth Company Mutual Fund	Hybrid	4.99%
6	quant Infrastructure Fund	quant Mutual Fund	Thematic	4.85%
7	Baroda BNP Paribas Energy Opportunities Fund	Baroda BNP Paribas Mutual Fund	Thematic	4.79%
8	Baroda BNP Paribas Value Fund	Baroda BNP Paribas Mutual Fund	Equity	4.52%
9	Samco Large Mid Cap Fund	Samco Mutual Fund	Equity	4.5%
10	SBI PSU Fund	SBI Mutual Fund	Thematic	4.25%
11	quant ELSS Tax Saver Fund	quant Mutual Fund	Equity	3.73%
12	Baroda BNP Paribas Focused Fund	Baroda BNP Paribas Mutual Fund	Equity	3.59%
13	SBI Infrastructure Fund	SBI Mutual Fund	Thematic	3.54%
14	CANARA ROBECO MANUFACTURING FUND	Canara Robeco Mutual Fund	Thematic	3.43%
15	NIPPON INDIA POWER & INFRA FUND	Nippon India Mutual Fund	Thematic	3.38%
16	Nippon India Focused Fund	Nippon India Mutual Fund	Equity	3.34%
17	Baroda BNP Paribas Mid Cap Fund	Baroda BNP Paribas Mutual Fund	Equity	3.32%
18	TATA MID CAP FUND	Tata Mutual Fund	Equity	3.2%
19	Mirae Asset Infrastructure Fund	Mirae Asset Mutual Fund	Thematic	3.18%
20	Baroda BNP Paribas Flexi Cap Fund	Baroda BNP Paribas Mutual Fund	Equity	3%
21	Parag Parikh Arbitrage Fund	PPFAS Mutual Fund	Hybrid	2.97%
22	Samco ELSSTax Saver Fund	Samco Mutual Fund	Equity	2.87%
23	Baroda BNP Paribas Large & Mid Cap Fund	Baroda BNP Paribas Mutual Fund	Equity	2.84%
24	Baroda BNP Paribas ELSS Tax Saver Fund	Baroda BNP Paribas Mutual Fund	Equity	2.81%
25	Baroda BNP Paribas Business Cycle Fund	Baroda BNP Paribas Mutual Fund	Thematic	2.8%
26	CANARA ROBECO MID CAP FUND	Canara Robeco Mutual Fund	Equity	2.68%
27	SBI Midcap Fund	SBI Mutual Fund	Equity	2.68%
28	TATA INFRASTRUCTURE FUND	Tata Mutual Fund	Thematic	2.67%
29	Axis Arbitrage Fund	Axis Mutual Fund	Hybrid	2.64%
30	Baroda BNP Paribas Small Cap Fund	Baroda BNP Paribas Mutual Fund	Equity	2.64%
31	Kotak Active Momentum Fund	Kotak Mahindra Mutual Fund	Equity	2.63%
32	Edelweiss Large & Mid Cap Fund	Edelweiss Mutual Fund	Equity	2.56%
33	Samco Mid Cap Fund	Samco Mutual Fund	Equity	2.56%
34	Bandhan Multi-Factor Fund	Bandhan Mutual Fund	Equity	2.52%
35	NIPPON INDIA VALUE FUND	Nippon India Mutual Fund	Equity	2.5%
36	Axis India Manufacturing Fund	Axis Mutual Fund	Thematic	2.48%
37	Old Bridge Arbitrage Fund	Old Bridge Mutual Fund	Hybrid	2.35%
38	Axis ESG Integration Strategy Fund	Axis Mutual Fund	Thematic	2.33%
39	Aditya Birla Sun Life Value Fund	Aditya Birla Sun Life Mutual Fund	Equity	2.32%
40	Union Business Cycle Fund	Union Mutual Fund	Thematic	2.29%
41	Baroda BNP Paribas Large Cap Fund	Baroda BNP Paribas Mutual Fund	Equity	2.28%
42	Navi ELSS Tax Saver Fund	Navi Mutual Fund	Equity	2.25%
43	ITI Value Fund	ITI Mutual Fund	Equity	2.21%
44	Baroda BNP Paribas Multi Cap Fund	Baroda BNP Paribas Mutual Fund	Equity	2.18%
45	Baroda BNP Paribas Balanced Advantage Fund	Baroda BNP Paribas Mutual Fund	Hybrid	2.17%
46	Union Midcap Fund	Union Mutual Fund	Equity	2.12%
47	Aditya Birla Sun Life Infrastructure Fund	Aditya Birla Sun Life Mutual Fund	Thematic	2.02%
48	Axis Value Fund	Axis Mutual Fund	Equity	2%
49	Axis Midcap Fund	Axis Mutual Fund	Equity	1.94%
50	WhiteOak Capital Mid Cap Fund	WhiteOak Capital Mutual Fund	Equity	1.89%
51	Nippon India Vision Large & Mid Cap Fund	Nippon India Mutual Fund	Equity	1.85%
52	Samco Special Opportunities Fund	Samco Mutual Fund	Thematic	1.78%
53	UTI - Mid Cap Fund	UTI Mutual Fund	Equity	1.78%
54	NIPPON INDIA SMALL CAP FUND	Nippon India Mutual Fund	Equity	1.77%
55	JM Arbitrage Fund	JM Financial Mutual Fund	Hybrid	1.76%
56	Baroda BNP Paribas Aggressive Hybrid Fund	Baroda BNP Paribas Mutual Fund	Hybrid	1.72%
57	HSBC ELSS Tax saver Fund	HSBC Mutual Fund	Equity	1.72%
58	Mahindra Manulife Large & Mid Cap Fund	Mahindra Manulife Mutual Fund	Equity	1.71%
59	Mirae Asset Midcap Fund	Mirae Asset Mutual Fund	Equity	1.68%
60	Axis Large & Mid Cap Fund	Axis Mutual Fund	Equity	1.67%
61	JM Flexicap Fund	JM Financial Mutual Fund	Equity	1.65%
62	LIC MF BALANCED ADVANTAGE FUND	LIC Mutual Fund	Hybrid	1.65%
63	TATA LARGE CAP FUND	Tata Mutual Fund	Equity	1.63%
64	Baroda BNP Paribas Multi Asset Fund	Baroda BNP Paribas Mutual Fund	Hybrid	1.61%
65	ICICI Prudential Energy Opportunities Fund	ICICI Prudential Mutual Fund	Thematic	1.61%
66	Sundaram Multi-Factor Fund	Sundaram Mutual Fund	Equity	1.59%
67	Nippon India Flexi Cap Fund	Nippon India Mutual Fund	Equity	1.58%
68	UTI Multi Cap Fund	UTI Mutual Fund	Equity	1.57%
69	Union Flexi Cap Fund	Union Mutual Fund	Equity	1.57%
70	quant Momentum Fund	quant Mutual Fund	Equity	1.57%
71	quant Value Fund	quant Mutual Fund	Equity	1.57%
72	TATA AGGRESSIVE HYBRID FUND	Tata Mutual Fund	Hybrid	1.56%
73	Edelweiss Business Cycle Fund	Edelweiss Mutual Fund	Thematic	1.52%
74	ITI Mid Cap Fund	ITI Mutual Fund	Equity	1.52%
75	Union Large & Midcap Fund	Union Mutual Fund	Equity	1.52%
76	HSBC Infrastructure Fund	HSBC Mutual Fund	Thematic	1.5%
77	JM Midcap Fund	JM Financial Mutual Fund	Equity	1.5%
78	Union Multicap Fund	Union Mutual Fund	Equity	1.49%
79	Union Aggressive Hybrid Fund	Union Mutual Fund	Hybrid	1.47%
80	Sundaram Infrastructure Advantage Fund	Sundaram Mutual Fund	Thematic	1.46%
81	Samco Multi Cap Fund	Samco Mutual Fund	Equity	1.44%
82	Aditya Birla Sun Life Multi-Cap Fund	Aditya Birla Sun Life Mutual Fund	Equity	1.43%
83	Nippon India Growth Mid Cap Fund	Nippon India Mutual Fund	Equity	1.41%
84	Union Elss Tax Saver Fund	Union Mutual Fund	Equity	1.39%
85	Bandhan Large & Mid Cap Fund	Bandhan Mutual Fund	Equity	1.35%
86	ICICI Prudential Arbitrage Fund	ICICI Prudential Mutual Fund	Hybrid	1.35%
87	TRUSTMF Mid Cap Fund	Trust Mutual Fund	Equity	1.33%
88	Baroda BNP Paribas Equity Savings Fund	Baroda BNP Paribas Mutual Fund	Hybrid	1.31%
89	Edelweiss Mid Cap Fund	Edelweiss Mutual Fund	Equity	1.31%
90	Mahindra Manulife Balanced Advantage Fund	Mahindra Manulife Mutual Fund	Hybrid	1.31%
91	Samco Active Momentum Fund	Samco Mutual Fund	Equity	1.26%
92	Edelweiss Elss Tax Saver Fund	Edelweiss Mutual Fund	Equity	1.22%
93	ITI Business Cycle Fund	ITI Mutual Fund	Thematic	1.17%
94	WhiteOak Capital Large & Mid Cap Fund	WhiteOak Capital Mutual Fund	Equity	1.17%
95	WhiteOak Capital Large Cap Fund	WhiteOak Capital Mutual Fund	Equity	1.17%
96	Aditya Birla Sun Life Dividend Yield Fund	Aditya Birla Sun Life Mutual Fund	Equity	1.16%
97	Axis Multicap Fund	Axis Mutual Fund	Equity	1.1%
98	ITI Balanced Advantage Fund	ITI Mutual Fund	Hybrid	1.1%
99	DSP Arbitrage Fund	DSP Mutual Fund	Hybrid	1.08%
100	HSBC Flexi Cap Fund	HSBC Mutual Fund	Equity	1.08%
101	quant Flexi Cap Fund	quant Mutual Fund	Equity	1.07%
102	ITI Multi Asset Allocation Fund	ITI Mutual Fund	Hybrid	1.03%
103	JioBlackRock Flexi Cap Fund	Jio BlackRock Mutual Fund	Equity	1.03%
104	Samco Multi Asset Allocation Fund	Samco Mutual Fund	Hybrid	1.03%
105	TRUSTMF Large & Mid Cap Fund	Trust Mutual Fund	Equity	1.02%
106	Edelweiss Arbitrage Fund	Edelweiss Mutual Fund	Hybrid	0.98%
107	TRUSTMF Flexi Cap Fund	Trust Mutual Fund	Equity	0.97%
108	Edelweiss Balanced Advantage Fund	Edelweiss Mutual Fund	Hybrid	0.96%
109	Helios Flexi Cap Fund	Helios Mutual Fund	Equity	0.95%
110	HSBC Multi Cap Fund	HSBC Mutual Fund	Equity	0.94%
111	SBI Arbitrage Opportunities Fund	SBI Mutual Fund	Hybrid	0.89%
112	Union Arbitrage Fund	Union Mutual Fund	Hybrid	0.89%
113	WhiteOak Capital Special Opportunities Fund	WhiteOak Capital Mutual Fund	Thematic	0.89%
114	Aditya Birla Sun Life Quant Fund	Aditya Birla Sun Life Mutual Fund	Equity	0.87%
115	Union Balanced Advantage Fund	Union Mutual Fund	Hybrid	0.86%
116	The Wealth Company Multiasset Alloc Fund	The Wealth Company Mutual Fund	Hybrid	0.82%
117	Baroda BNP Paribas Arbitrage Fund	Baroda BNP Paribas Mutual Fund	Hybrid	0.81%
118	TRUSTMF Multi Cap Fund	Trust Mutual Fund	Equity	0.81%
119	JioBlackRock Large Cap Fund	Jio BlackRock Mutual Fund	Equity	0.78%
120	WhiteOak Capital Multi Cap Fund	WhiteOak Capital Mutual Fund	Equity	0.77%
121	UTI Quant Fund	UTI Mutual Fund	Equity	0.76%
122	Nippon India Aggressive Hybrid Fund	Nippon India Mutual Fund	Hybrid	0.75%
123	Bandhan Arbitrage Fund	Bandhan Mutual Fund	Hybrid	0.74%
124	Edelweiss Small Cap Fund	Edelweiss Mutual Fund	Equity	0.74%
125	SBI Arbitrage Fund	SBI Mutual Fund	Hybrid	0.72%
126	Kotak Quant Fund	Kotak Mahindra Mutual Fund	Equity	0.7%
127	Navi Large & Midcap Fund	Navi Mutual Fund	Equity	0.7%
128	SBI Equity Savings Fund	SBI Mutual Fund	Hybrid	0.68%
129	ITI Large & Mid Cap Fund	ITI Mutual Fund	Equity	0.65%
130	Nippon India Balanced Advantage Fund	Nippon India Mutual Fund	Hybrid	0.65%
131	HSBC Arbitrage Fund	HSBC Mutual Fund	Hybrid	0.61%
132	Taurus Mid Cap Fund	Taurus Mutual Fund	Equity	0.6%
133	Zerodha Life Cycle Fund 2041	Zerodha Mutual Fund	Hybrid	0.6%
134	HDFC Arbitrage Fund	HDFC Mutual Fund	Hybrid	0.58%
135	Bajaj Finserv Arbitrage Fund	Bajaj Finserv Mutual Fund	Hybrid	0.55%
136	Union Value Fund	Union Mutual Fund	Equity	0.55%
137	Edelweiss Flexi-Cap Fund	Edelweiss Mutual Fund	Equity	0.54%
138	Edelweiss Multi Cap Fund	Edelweiss Mutual Fund	Equity	0.54%
139	PGIM INDIA MIDCAP FUND	PGIM India Mutual Fund	Equity	0.53%
140	Union Multi Asset Allocation Fund	Union Mutual Fund	Hybrid	0.53%
141	Baroda BNP Paribas Conservative Hybrid Fund	Baroda BNP Paribas Mutual Fund	Hybrid	0.52%
142	Motilal Oswal Arbitrage Fund	Motilal Oswal Mutual Fund	Hybrid	0.52%
143	Union Largecap Fund	Union Mutual Fund	Equity	0.52%
144	Axis Equity Savings Fund	Axis Mutual Fund	Hybrid	0.49%
145	Zerodha Life Cycle Fund 2036	Zerodha Mutual Fund	Hybrid	0.49%
146	HSBC Equity Savings Fund	HSBC Mutual Fund	Hybrid	0.47%
147	Kotak Balanced Advantage Fund	Kotak Mahindra Mutual Fund	Hybrid	0.46%
148	Nippon India Arbitrage Fund	Nippon India Mutual Fund	Hybrid	0.44%
149	Union Equity Savings Fund	Union Mutual Fund	Hybrid	0.38%
150	Edelweiss Aggressive Hybrid Fund	Edelweiss Mutual Fund	Hybrid	0.37%
151	Zerodha Life Cycle Fund 2031	Zerodha Mutual Fund	Hybrid	0.37%
152	ICICI Prudential Large & Mid Cap Fund	ICICI Prudential Mutual Fund	Equity	0.36%
153	JioBlackRock Sector Rotation Fund	Jio BlackRock Mutual Fund	Thematic	0.32%
154	Bandhan ELSS - Tax Saver Fund	Bandhan Mutual Fund	Equity	0.31%
155	Bank of India ELSS Tax Saver Fund	Bank of India Mutual Fund	Equity	0.31%
156	WhiteOak Capital Aggressive Hybrid Fund	WhiteOak Capital Mutual Fund	Hybrid	0.3%
157	Bandhan Multi Cap Fund	Bandhan Mutual Fund	Equity	0.28%
158	CANARA ROBECO MULTI CAP FUND	Canara Robeco Mutual Fund	Equity	0.28%
159	Mirae Asset Equity Savings Fund	Mirae Asset Mutual Fund	Hybrid	0.28%
160	WhiteOak Capital Flexi Cap Fund	WhiteOak Capital Mutual Fund	Equity	0.28%
161	ICICI Prudential Equity Savings Fund	ICICI Prudential Mutual Fund	Hybrid	0.24%
162	Bandhan Value Fund	Bandhan Mutual Fund	Equity	0.22%
163	Edelweiss Equity Savings Fund	Edelweiss Mutual Fund	Hybrid	0.22%
164	Aditya Birla Sun Life Arbitrage Fund	Aditya Birla Sun Life Mutual Fund	Hybrid	0.21%
165	LIC MF ARBITRAGE FUND	LIC Mutual Fund	Hybrid	0.21%
166	HDFC Large and Mid Cap Fund	HDFC Mutual Fund	Equity	0.18%
167	Mirae Asset Arbitrage Fund	Mirae Asset Mutual Fund	Hybrid	0.17%
168	Franklin India Arbitrage Fund	Franklin Templeton Mutual Fund	Hybrid	0.16%
169	JioBlackRock Arbitrage Fund	Jio BlackRock Mutual Fund	Hybrid	0.12%
170	Parag Parikh Dynamic Asset Allocation Fund	PPFAS Mutual Fund	Hybrid	0.09%
171	Axis Balanced Advantage Fund	Axis Mutual Fund	Hybrid	0.08%
172	Mirae Asset Balanced Advantage Fund	Mirae Asset Mutual Fund	Hybrid	0.08%
173	Mirae Asset Large & Midcap Fund	Mirae Asset Mutual Fund	Equity	0.05%
174	Mirae Asset Multi Asset Allocation Fund	Mirae Asset Mutual Fund	Hybrid	0.05%
175	Unifi Dynamic Asset Allocation Fund	Unifi Mutual Fund	Hybrid	0.05%
176	HSBC Multi Asset Allocation Fund	HSBC Mutual Fund	Hybrid	0.02%
177	HSBC Large & Mid Cap Fund	HSBC Mutual Fund	Equity	0.01%
178	NJ Balanced Advantage Fund	NJ Mutual Fund	Hybrid	0.01%
179	Kotak Arbitrage Fund	Kotak Mahindra Mutual Fund	Hybrid	0%
180	Kotak Equity Savings Fund	Kotak Mahindra Mutual Fund	Hybrid	0%
181	TATA ARBITRAGE FUND	Tata Mutual Fund	Hybrid	0%
182	UTI - Arbitrage Fund	UTI Mutual Fund	Hybrid	0%
183	quant Aggressive Hybrid Fund	quant Mutual Fund	Hybrid	0%
184	quant Arbitrage Fund	quant Mutual Fund	Hybrid	0%
185	quant Dynamic Asset Allocation Fund	quant Mutual Fund	Hybrid	0%
186	quant Large & Mid Cap Fund	quant Mutual Fund	Equity	0%
187	quant Manufacturing Fund	quant Mutual Fund	Thematic	0%
188	quant PSU Fund	quant Mutual Fund	Thematic	0%
189	quant Small Cap Fund	quant Mutual Fund	Equity	0%

Want to interpret these weights? Read How to Read a Mutual Fund's Monthly Portfolio Disclosure, or look up terms like % to NAV and conviction in the glossary.

Source: SEBI-mandated monthly portfolio disclosures by Indian AMCs. Percentages are of each fund's net assets on its latest disclosure date. For information only, not investment advice.