Mutual Funds Holding PI Industries Limited

Materials85 fundsISIN INE603J01030

As of 30 September 2026, 85 Indian mutual funds hold PI Industries Limited (Materials), led by TATA LARGE & MID CAP FUND at 3.37% of its net assets, per the AMCs' SEBI-mandated monthly disclosures.

As of 30 September 2026, 85 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 85 funds holding PI Industries Limited, the average position size is 0.8% of net assets. The highest-conviction holder is TATA LARGE & MID CAP FUND (Equity), at 3.37%. Equity funds account for 50 of the 85 holders, with the rest spread across 2 other categories. Over the last month, 6 funds initiated a new position and 6 funds exited, with the largest weight change at TATA INDIA PHARMA & HEALTHCARE FUND (+1.64pp to 2.59%).

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.

6 started a position6 exited9 increased2 reduced

New Positions

TATA DIVIDEND YIELD FUND at 1.15%
TATA ELSS - TAX SAVER FUND at 0.48%
Bajaj Finserv Large and Midcap Fund at 0.25%
Bandhan Balanced Advantage Fund at 0.25%
ICICI Prudential Conservative Hybrid Fund at 0.03%
Kotak Arbitrage Fund at 0%

Complete Exits

LIC MF MID CAP FUND was 0.96%
ICICI Prudential Exports and Services Fund was 0.72%
Sundaram Conservative Hybrid Fund was 0.4%
CANARA ROBECO MULTI CAP FUND was 0.2%
WhiteOak Capital Arbitrage Fund was 0.07%
SBI Arbitrage Opportunities Fund was 0%

Weight Increased

Fund	Weight	Change
TATA INDIA PHARMA & HEALTHCARE FUND	0.95% → 2.59%	▲ +1.64
Sundaram Multi Cap Fund	0.08% → 0.38%	▲ +0.3
Axis Business Cycles Fund	0.61% → 0.87%	▲ +0.26
Invesco India Elss Tax Saver Fund	1.27% → 1.52%	▲ +0.25
TATA FLEXI CAP FUND	0.81% → 1.05%	▲ +0.24
Mirae Asset Multicap Fund	0.61% → 0.8%	▲ +0.19
ICICI Prudential Dividend Yield Equity Fund	1.2% → 1.36%	▲ +0.16
ICICI Prudential Manufacturing Fund	1.9% → 2.04%	▲ +0.14
TATA LARGE & MID CAP FUND	3.27% → 3.37%	▲ +0.1

Weight Reduced

Fund	Weight	Change
ICICI Prudential Balanced Hybrid Fund	3.21% → 2.97%	▼ -0.24
ICICI Prudential Balanced Advantage Fund	0.61% → 0.48%	▼ -0.13

Funds Holding PI Industries Limited

#	Fund	AMC	Category	% to NAV
1	TATA LARGE & MID CAP FUND	Tata Mutual Fund	Equity	3.37%
2	ICICI Prudential Balanced Hybrid Fund	ICICI Prudential Mutual Fund	Hybrid	2.97%
3	ICICI Prudential Quant Fund	ICICI Prudential Mutual Fund	Equity	2.67%
4	TATA INDIA PHARMA & HEALTHCARE FUND	Tata Mutual Fund	Thematic	2.59%
5	Taurus Mid Cap Fund	Taurus Mutual Fund	Equity	2.26%
6	Sundaram Focused Fund	Sundaram Mutual Fund	Equity	2.07%
7	ICICI Prudential Manufacturing Fund	ICICI Prudential Mutual Fund	Thematic	2.04%
8	ICICI Prudential MNC Fund	ICICI Prudential Mutual Fund	Thematic	1.98%
9	Axis Innovation Fund	Axis Mutual Fund	Thematic	1.66%
10	Mirae Asset Midcap Fund	Mirae Asset Mutual Fund	Equity	1.64%
11	Sundaram Large Cap Fund	Sundaram Mutual Fund	Equity	1.63%
12	Invesco India Elss Tax Saver Fund	Invesco Mutual Fund	Equity	1.52%
13	SBI Midcap Fund	SBI Mutual Fund	Equity	1.49%
14	ICICI Prudential Large & Mid Cap Fund	ICICI Prudential Mutual Fund	Equity	1.42%
15	ICICI Prudential Dividend Yield Equity Fund	ICICI Prudential Mutual Fund	Equity	1.36%
16	Axis ELSS Tax Saver Fund	Axis Mutual Fund	Equity	1.31%
17	ICICI Prudential India Opportunities Fund	ICICI Prudential Mutual Fund	Equity	1.27%
18	ICICI Prudential Dividend Yield Fund	ICICI Prudential Mutual Fund	Equity	1.22%
19	NJ Value Fund	NJ Mutual Fund	Equity	1.2%
20	TATA DIVIDEND YIELD FUND	Tata Mutual Fund	Equity	1.15%
21	ICICI Prudential Flexicap Fund	ICICI Prudential Mutual Fund	Equity	1.1%
22	Kotak Midcap Fund	Kotak Mahindra Mutual Fund	Equity	1.05%
23	TATA FLEXI CAP FUND	Tata Mutual Fund	Equity	1.05%
24	Kotak MNC Fund	Kotak Mahindra Mutual Fund	Thematic	1.03%
25	ICICI Prudential ELSS Tax Saver Fund	ICICI Prudential Mutual Fund	Equity	1.02%
26	SBI Large Cap Fund	SBI Mutual Fund	Equity	1%
27	Mirae Asset Large & Midcap Fund	Mirae Asset Mutual Fund	Equity	0.99%
28	ICICI Prudential ESG Exclusionary Strategy Fund	ICICI Prudential Mutual Fund	Thematic	0.93%
29	Sundaram Value Fund	Sundaram Mutual Fund	Equity	0.88%
30	TATA MULTICAP FUND	Tata Mutual Fund	Equity	0.88%
31	Axis Business Cycles Fund	Axis Mutual Fund	Thematic	0.87%
32	Mirae Asset Multicap Fund	Mirae Asset Mutual Fund	Equity	0.8%
33	DSP Large & Mid Cap Fund	DSP Mutual Fund	Equity	0.79%
34	DSP Mid Cap Fund	DSP Mutual Fund	Equity	0.79%
35	TATA MID CAP FUND	Tata Mutual Fund	Equity	0.79%
36	UTI - Flexi Cap Fund	UTI Mutual Fund	Equity	0.76%
37	Franklin India Mid Cap Fund	Franklin Templeton Mutual Fund	Equity	0.71%
38	Kotak Aggressive Hybrid Fund	Kotak Mahindra Mutual Fund	Hybrid	0.68%
39	Aditya Birla Sun Life Value Fund	Aditya Birla Sun Life Mutual Fund	Equity	0.67%
40	UTI Value Fund	UTI Mutual Fund	Equity	0.61%
41	UTI ELSS Tax Saver Fund	UTI Mutual Fund	Equity	0.6%
42	ICICI Prudential Commodities Fund	ICICI Prudential Mutual Fund	Thematic	0.57%
43	ICICI Prudential Business Cycle Fund	ICICI Prudential Mutual Fund	Thematic	0.54%
44	Kotak Multicap Fund	Kotak Mahindra Mutual Fund	Equity	0.54%
45	Axis Midcap Fund	Axis Mutual Fund	Equity	0.5%
46	NIPPON INDIA VALUE FUND	Nippon India Mutual Fund	Equity	0.5%
47	ICICI Prudential Balanced Advantage Fund	ICICI Prudential Mutual Fund	Hybrid	0.48%
48	TATA ELSS - TAX SAVER FUND	Tata Mutual Fund	Equity	0.48%
49	Aditya Birla Sun Life Manufacturing Equity Fund	Aditya Birla Sun Life Mutual Fund	Thematic	0.47%
50	Mirae Asset ELSS Tax Saver Fund	Mirae Asset Mutual Fund	Equity	0.46%
51	ICICI Prudential Midcap Fund	ICICI Prudential Mutual Fund	Equity	0.45%
52	CANARA ROBECO EQUITY HYBRID FUND	Canara Robeco Mutual Fund	Hybrid	0.4%
53	ICICI Prudential Multi-Asset Fund	ICICI Prudential Mutual Fund	Hybrid	0.39%
54	DSP Aggressive Hybrid Fund	DSP Mutual Fund	Hybrid	0.38%
55	Sundaram Mid Cap Fund	Sundaram Mutual Fund	Equity	0.38%
56	Sundaram Multi Cap Fund	Sundaram Mutual Fund	Equity	0.38%
57	Aditya Birla Sun Life Balanced Advantage Fund	Aditya Birla Sun Life Mutual Fund	Hybrid	0.37%
58	ICICI Prudential Multicap Fund	ICICI Prudential Mutual Fund	Equity	0.37%
59	Aditya Birla Sun Life Large Cap Fund	Aditya Birla Sun Life Mutual Fund	Equity	0.35%
60	CANARA ROBECO AGGRESSIVE HYBRID FUND	Canara Robeco Mutual Fund	Hybrid	0.35%
61	CANARA ROBECO LARGE AND MID CAP FUND	Canara Robeco Mutual Fund	Equity	0.33%
62	Aditya Birla Sun Life Flexi Cap Fund	Aditya Birla Sun Life Mutual Fund	Equity	0.32%
63	ICICI Prudential Equity & Debt Fund	ICICI Prudential Mutual Fund	Hybrid	0.31%
64	Navi Aggressive Hybrid Fund	Navi Mutual Fund	Hybrid	0.3%
65	Navi Flexi Cap Fund	Navi Mutual Fund	Equity	0.28%
66	ICICI Prudential Aggressive Hybrid Fund	ICICI Prudential Mutual Fund	Hybrid	0.27%
67	ICICI Prudential Multi Asset Allocation Fund	ICICI Prudential Mutual Fund	Hybrid	0.27%
68	Axis Multi Asset Allocation Fund	Axis Mutual Fund	Hybrid	0.26%
69	Bajaj Finserv Large and Midcap Fund	Bajaj Finserv Mutual Fund	Equity	0.25%
70	Bandhan Balanced Advantage Fund	Bandhan Mutual Fund	Hybrid	0.25%
71	CANARA ROBECO FLEXICAP FUND	Canara Robeco Mutual Fund	Equity	0.25%
72	SBI Conservative Hybrid Fund	SBI Mutual Fund	Hybrid	0.25%
73	Zerodha Life Cycle Fund 2041	Zerodha Mutual Fund	Hybrid	0.19%
74	Axis India Manufacturing Fund	Axis Mutual Fund	Thematic	0.16%
75	HDFC Large and Mid Cap Fund	HDFC Mutual Fund	Equity	0.16%
76	UTI Conservative Hybrid Fund	UTI Mutual Fund	Hybrid	0.15%
77	Zerodha Life Cycle Fund 2036	Zerodha Mutual Fund	Hybrid	0.15%
78	CANARA ROBECO LARGE CAP FUND	Canara Robeco Mutual Fund	Equity	0.14%
79	HDFC Manufacturing Fund	HDFC Mutual Fund	Thematic	0.11%
80	JioBlackRock Sector Rotation Fund	Jio BlackRock Mutual Fund	Thematic	0.11%
81	Zerodha Life Cycle Fund 2031	Zerodha Mutual Fund	Hybrid	0.11%
82	DSP Flexi Cap Fund	DSP Mutual Fund	Equity	0.05%
83	ICICI Prudential Conservative Hybrid Fund	ICICI Prudential Mutual Fund	Hybrid	0.03%
84	Kotak Arbitrage Fund	Kotak Mahindra Mutual Fund	Hybrid	0%
85	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.