Mutual Funds Holding PI Industries Limited

Materials79 fundsISIN INE603J01030

As of 31 July 2026, 79 Indian mutual funds hold PI Industries Limited (Materials), led by TATA LARGE & MID CAP FUND at 3.69% of its net assets, per the AMCs' SEBI-mandated monthly disclosures.

As of 31 July 2026, 79 Indian mutual fund schemes disclose a holding in PI Industries Limited (Materials). 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 79 funds holding PI Industries Limited, the average position size is 0.81% of net assets. The highest-conviction holder is TATA LARGE & MID CAP FUND (Equity), at 3.69%. Equity funds account for 47 of the 79 holders, with the rest spread across 2 other categories. Over the last month, 4 funds initiated a new position and 5 funds exited, with the largest weight change at Axis Multi Asset Allocation Fund (-0.34pp to 0.32%).

Fund Activity Last Month

How funds changed their PI Industries 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 position5 exited3 increased3 reduced

New Positions

Axis Innovation Fund at 0.26%
NIPPON INDIA VALUE FUND at 0.18%
HDFC Manufacturing Fund at 0.13%
WhiteOak Capital Arbitrage Fund at 0.07%

Complete Exits

Franklin India Flexi Cap Fund was 0.7%
Franklin India ELSS Tax Saver Fund was 0.37%
Franklin India Multi Asset Allocation Fund was 0.35%
Bajaj Finserv Arbitrage Fund was 0.16%
SBI Arbitrage Opportunities Fund was 0%

Weight Increased

Fund	Weight	Change
TATA LARGE & MID CAP FUND	3.43% → 3.69%	▲ +0.26
ICICI Prudential Dividend Yield Equity Fund	1.2% → 1.36%	▲ +0.16
SBI Midcap Fund	1.38% → 1.52%	▲ +0.14

Weight Reduced

Fund	Weight	Change
Axis Multi Asset Allocation Fund	0.66% → 0.32%	▼ -0.34
Axis ELSS Tax Saver Fund	1.54% → 1.38%	▼ -0.16
Axis Aggressive Hybrid Fund	0.35% → 0.22%	▼ -0.13

Funds Holding PI Industries Limited

#	Fund	AMC	Category	% to NAV
1	TATA LARGE & MID CAP FUND	Tata Mutual Fund	Equity	3.69%
2	Taurus Mid Cap Fund	Taurus Mutual Fund	Equity	2.75%
3	Sundaram Focused Fund	Sundaram Mutual Fund	Equity	2.38%
4	ICICI Prudential Quant Fund	ICICI Prudential Mutual Fund	Equity	2.22%
5	ICICI Prudential Manufacturing Fund	ICICI Prudential Mutual Fund	Thematic	2.1%
6	Sundaram Large Cap Fund	Sundaram Mutual Fund	Equity	1.8%
7	ICICI Prudential MNC Fund	ICICI Prudential Mutual Fund	Thematic	1.59%
8	Mirae Asset Midcap Fund	Mirae Asset Mutual Fund	Equity	1.56%
9	ICICI Prudential Large & Mid Cap Fund	ICICI Prudential Mutual Fund	Equity	1.52%
10	LIC MF MID CAP FUND	LIC Mutual Fund	Equity	1.52%
11	SBI Midcap Fund	SBI Mutual Fund	Equity	1.52%
12	ICICI Prudential India Opportunities Fund	ICICI Prudential Mutual Fund	Equity	1.45%
13	Axis ELSS Tax Saver Fund	Axis Mutual Fund	Equity	1.38%
14	ICICI Prudential Flexicap Fund	ICICI Prudential Mutual Fund	Equity	1.37%
15	ICICI Prudential Dividend Yield Equity Fund	ICICI Prudential Mutual Fund	Equity	1.36%
16	Kotak Midcap Fund	Kotak Mahindra Mutual Fund	Equity	1.24%
17	Invesco India Elss Tax Saver Fund	Invesco Mutual Fund	Equity	1.23%
18	Kotak MNC Fund	Kotak Mahindra Mutual Fund	Thematic	1.23%
19	ICICI Prudential ELSS Tax Saver Fund	ICICI Prudential Mutual Fund	Equity	1.14%
20	SBI Large Cap Fund	SBI Mutual Fund	Equity	1.13%
21	ICICI Prudential Balanced Hybrid Fund	ICICI Prudential Mutual Fund	Hybrid	1.09%
22	ICICI Prudential ESG Exclusionary Strategy Fund	ICICI Prudential Mutual Fund	Thematic	1.04%
23	TATA MULTICAP FUND	Tata Mutual Fund	Equity	1.01%
24	Sundaram Value Fund	Sundaram Mutual Fund	Equity	0.98%
25	Mirae Asset Large & Midcap Fund	Mirae Asset Mutual Fund	Equity	0.97%
26	TATA MID CAP FUND	Tata Mutual Fund	Equity	0.91%
27	DSP Large & Mid Cap Fund	DSP Mutual Fund	Equity	0.89%
28	DSP Mid Cap Fund	DSP Mutual Fund	Equity	0.89%
29	ICICI Prudential Exports and Services Fund	ICICI Prudential Mutual Fund	Thematic	0.87%
30	UTI - Flexi Cap Fund	UTI Mutual Fund	Equity	0.85%
31	TATA FLEXI CAP FUND	Tata Mutual Fund	Equity	0.82%
32	Franklin India Mid Cap Fund	Franklin Templeton Mutual Fund	Equity	0.8%
33	Aditya Birla Sun Life Value Fund	Aditya Birla Sun Life Mutual Fund	Equity	0.79%
34	Kotak Aggressive Hybrid Fund	Kotak Mahindra Mutual Fund	Hybrid	0.79%
35	ICICI Prudential Balanced Advantage Fund	ICICI Prudential Mutual Fund	Hybrid	0.72%
36	Mirae Asset Multicap Fund	Mirae Asset Mutual Fund	Equity	0.72%
37	Axis Midcap Fund	Axis Mutual Fund	Equity	0.7%
38	Axis Business Cycles Fund	Axis Mutual Fund	Thematic	0.68%
39	ICICI Prudential Commodities Fund	ICICI Prudential Mutual Fund	Thematic	0.68%
40	UTI Value Fund	UTI Mutual Fund	Equity	0.68%
41	UTI ELSS Tax Saver Fund	UTI Mutual Fund	Equity	0.66%
42	Aditya Birla Sun Life Manufacturing Equity Fund	Aditya Birla Sun Life Mutual Fund	Thematic	0.64%
43	Kotak Multicap Fund	Kotak Mahindra Mutual Fund	Equity	0.6%
44	ICICI Prudential Business Cycle Fund	ICICI Prudential Mutual Fund	Thematic	0.59%
45	Sundaram Multi Cap Fund	Sundaram Mutual Fund	Equity	0.58%
46	ICICI Prudential Midcap Fund	ICICI Prudential Mutual Fund	Equity	0.53%
47	Sundaram Mid Cap Fund	Sundaram Mutual Fund	Equity	0.48%
48	Sundaram Conservative Hybrid Fund	Sundaram Mutual Fund	Hybrid	0.46%
49	Aditya Birla Sun Life Balanced Advantage Fund	Aditya Birla Sun Life Mutual Fund	Hybrid	0.44%
50	ICICI Prudential Multicap Fund	ICICI Prudential Mutual Fund	Equity	0.44%
51	DSP Aggressive Hybrid Fund	DSP Mutual Fund	Hybrid	0.43%
52	CANARA ROBECO EQUITY HYBRID FUND	Canara Robeco Mutual Fund	Hybrid	0.4%
53	Aditya Birla Sun Life Large Cap Fund	Aditya Birla Sun Life Mutual Fund	Equity	0.39%
54	ICICI Prudential Multi-Asset Fund	ICICI Prudential Mutual Fund	Hybrid	0.39%
55	Aditya Birla Sun Life Flexi Cap Fund	Aditya Birla Sun Life Mutual Fund	Equity	0.38%
56	Axis India Manufacturing Fund	Axis Mutual Fund	Thematic	0.38%
57	CANARA ROBECO FLEXICAP FUND	Canara Robeco Mutual Fund	Equity	0.37%
58	CANARA ROBECO LARGE AND MID CAP FUND	Canara Robeco Mutual Fund	Equity	0.37%
59	Navi Aggressive Hybrid Fund	Navi Mutual Fund	Hybrid	0.36%
60	Axis Conservative Hybrid Fund	Axis Mutual Fund	Hybrid	0.34%
61	Navi Flexi Cap Fund	Navi Mutual Fund	Equity	0.33%
62	Axis Multi Asset Allocation Fund	Axis Mutual Fund	Hybrid	0.32%
63	ICICI Prudential Equity & Debt Fund	ICICI Prudential Mutual Fund	Hybrid	0.31%
64	SBI Conservative Hybrid Fund	SBI Mutual Fund	Hybrid	0.3%
65	CANARA ROBECO MULTI CAP FUND	Canara Robeco Mutual Fund	Equity	0.29%
66	Axis Innovation Fund	Axis Mutual Fund	Thematic	0.26%
67	CANARA ROBECO LARGE CAP FUND	Canara Robeco Mutual Fund	Equity	0.26%
68	Axis Aggressive Hybrid Fund	Axis Mutual Fund	Hybrid	0.22%
69	PGIM INDIA MIDCAP FUND	PGIM India Mutual Fund	Equity	0.21%
70	HDFC Large and Mid Cap Fund	HDFC Mutual Fund	Equity	0.18%
71	NIPPON INDIA VALUE FUND	Nippon India Mutual Fund	Equity	0.18%
72	UTI Conservative Hybrid Fund	UTI Mutual Fund	Hybrid	0.17%
73	Axis Balanced Advantage Fund	Axis Mutual Fund	Hybrid	0.14%
74	HDFC Manufacturing Fund	HDFC Mutual Fund	Thematic	0.13%
75	JioBlackRock Sector Rotation Fund	Jio BlackRock Mutual Fund	Thematic	0.13%
76	WhiteOak Capital Arbitrage Fund	WhiteOak Capital Mutual Fund	Hybrid	0.07%
77	DSP Flexi Cap Fund	DSP Mutual Fund	Equity	0.05%
78	Kotak Arbitrage Fund	Kotak Mahindra Mutual Fund	Hybrid	0%
79	TATA MULTI ASSET ALLOCATION FUND	Tata Mutual Fund	Hybrid	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.