Upgrade the plan to view this fund.Axis Value Fund
Axis Mutual FundIncreased in 9 of 12 comparable transitions
Current holding: 884.41K shares5 consecutive increases
LoadingLoadingInstitutional ownership
BHELCapital GoodsSpecialty Industrial Machinery
More tracked funds increased than reduced their positions in the latest disclosure.
Latest disclosure: August 2026 · Compared with July 2026
Actively managed funds only: held by 76 · 7 increased · 6 reduced · 1 new · 7 exited, of 83 comparable. Index and arbitrage funds move with index flows and hedged spreads.
63 funds that held Bharat Heavy Electricals in one of these months have no usable disclosure for the other, usually because the August 2026 filing is not in yet. They are left out of the comparison, not counted as unchanged.
July 2026 → August 2026. Which mutual funds changed their disclosed position in this stock?
Direction comes from the disclosed share quantity, adjusted for splits and bonuses, never from portfolio weight: weight also moves with the price. A change under 0.5% of the existing holding counts as stable. Largest share changes first; new positions by size, exits by the size of the position closed.
Mutual funds showing persistent accumulation or reduction in this stock.
10 funds show persistent accumulation8 persistent reduction72 mixed or stableAug 2025 – Aug 2026 · 12 monthly transitions
Upgrade the plan to view this fund.Axis Value Fund
Axis Mutual FundIncreased in 9 of 12 comparable transitions
Current holding: 884.41K shares5 consecutive increases
Increased in 8 of 12 comparable transitions
Current holding: 3.31M shares4 consecutive increases
Upgrade the plan to view this fund.Motilal Oswal Focused Fund
Motilal Oswal Mutual FundIncreased in 4 of 4 comparable transitions
Current holding: none4 consecutive increasesEntered Nov 2025Exited Apr 2026
Increased in 4 of 7 comparable transitions
Current holding: none4 consecutive increasesEntered Oct 2025Exited Jun 2026
Upgrade the plan to view this fund.ITI Value Fund
ITI Mutual FundIncreased in 4 of 7 comparable transitions
Latest disclosed holding (Jul 2026): 184.27K shares3 consecutive increasesEntered Jun 2026
Increased in 4 of 8 comparable transitions
Current holding: none3 consecutive increasesEntered Oct 2025Exited Jul 2026
Upgrade the plan to view this fund.JM Flexi cap Fund
JM Financial Mutual FundReduced in 6 of 11 comparable transitions
Latest disclosed holding (Jul 2026): 2.00M shares
Upgrade the plan to view this fund.Baroda BNP Paribas Multi Cap Fund
Baroda BNP Paribas Mutual FundReduced in 4 of 7 comparable transitions
Current holding: 1.73M shares4 consecutive reductionsEntered Nov 2025
Reduced in 4 of 8 comparable transitions
Latest disclosed holding (Jul 2026): none3 consecutive reductionsExited Jul 2026
Upgrade the plan to view this fund.LIC MF MANUFACTURING FUND
LIC Mutual FundReduced in 3 of 4 comparable transitions
Current holding: none3 consecutive reductionsExited Feb 2026
Upgrade the plan to view this fund.HSBC Multi Asset Allocation Fund
HSBC Mutual FundReduced in 3 of 4 comparable transitions
Latest disclosed holding (Jul 2026): 15.49K sharesEntered Apr 2026
Reduced in 3 of 5 comparable transitions
Current holding: 380.00K shares3 consecutive reductions
The same conviction engine as each fund page, run per fund on this stock: a transition counts only when the fund disclosed on both sides and its share quantity moved at least 0.5% of the existing holding. Missing months and corporate actions without a usable ratio break the sequence instead of being bridged. Funds rank by how many comparable transitions moved in the signal's direction, then consistency, then the longest streak, so steady building outranks one large jump. Bars show each fund's disclosed share quantity scaled to its own first holding in the range; hover for real quantities. 171 actively managed funds analysed; 146 index, ETF and arbitrage funds are excluded because index flows and hedged spreads move holdings without a view on the stock.
Last 1 Year. Is institutional ownership in this stock expanding or contracting over time?
Among funds that disclosed every month, tracked mutual-fund holdings increased by 224.9% between Aug 2025 and Aug 2026, while the number of fund holders rose from 55 to 86.
A constant panel of the 109 funds that held this stock at some point and filed a usable disclosure in every month of the window, so changes are not driven by which funds happened to file. Share counts are in each month's disclosed quantity. Months without comparable filings are left as gaps rather than filled in.
Is the latest ownership change broad across funds or concentrated among only a few institutions?
July 2026 → August 2026 · 207 comparable fund portfolios
63 funds held the stock in only one of the two filings on record and are excluded from the denominator rather than counted as stable.
Each month compares funds that filed both that month and the month before. The number of comparable funds changes with filing coverage, so the share view is the fairer month-to-month comparison.
Which mutual funds increased or reduced their exposure to this stock over the selected period?
Feb 2026 → Aug 2026: 45 → 53 actively managed holders (+8) among funds filing at both ends
Select a fund in the diagram to inspect its position.
Every ribbon joins one fund to Bharat Heavy Electricals; none joins two funds. The diagram shows that some holders reduced this stock while others increased it between Feb 2026 → Aug 2026, not that shares or money passed from one fund to another. Ribbon width is each fund's absolute change in disclosed shares, adjusted for splits and bonuses. Only funds that filed at both ends of the range are compared. The largest moves are drawn; smaller ones are grouped. 130 index, ETF and arbitrage funds are left out, as in Capital Rotation.
Which mutual funds held the largest disclosed positions in August 2026? The largest owner is not necessarily the strongest accumulator.
| Fund | Holding quantity | Disclosed valueas reported by the fund | Latest changevs Jul 2026 | Fund portfolio weight | Conviction trendLast 1 Year |
|---|---|---|---|---|---|
| Axis Midcap FundAxis Mutual Fund | 15.64M | ₹692 cr | Stable | 1.95% | Mixed |
| SBI Midcap FundSBI Mutual Fund | 15.00M | ₹664 cr | Stable | 2.71% | Mixed |
| quant ELSS Tax Saver FundQuant Mutual Fund | 11.77M | ₹521 cr | Stable | 3.87% | Accumulating |
| Upgrade the plan to view this fund.ICICI Prudential Arbitrage FundArbitrageICICI Prudential Mutual Fund | 11.35M | ₹502 cr | −17.2% | 1.44% | Reducing |
| quant Mid Cap FundQuant Mutual Fund | 9.27M | ₹410 cr | Stable | 5.09% | Too little history |
| Mirae Asset Midcap FundMirae Asset Mutual Fund | 7.90M | ₹350 cr | Stable | 1.67% | Mixed |
| Upgrade the plan to view this fund.UTI Nifty 200 Momentum 30 Index FundIndexUTI Mutual Fund | 7.02M | ₹311 cr | −1.5% | 3.65% | Too little history |
| Upgrade the plan to view this fund.Bandhan Large and Mid Cap FundBandhan Mutual Fund | 6.72M | ₹297 cr | +18.5% | 1.41% | Too little history |
| Axis Large & Mid Cap FundAxis Mutual Fund | 6.62M | ₹293 cr | Stable | 1.69% | Mixed |
| Upgrade the plan to view this fund.Axis Arbitrage FundArbitrageAxis Mutual Fund | 6.59M | ₹292 cr | −3.2% | 2.75% | Accumulating |
| Upgrade the plan to view this fund.SBI PSU FundSBI Mutual Fund | 6.50M | ₹288 cr | Stable | 4.29% | Mixed |
| Upgrade the plan to view this fund.TATA ARBITRAGE FUNDArbitrageTata Mutual Fund | 5.55M | ₹246 cr | −2.7% | 0.98% | Reducing |
| Upgrade the plan to view this fund.Kotak Arbitrage FundArbitrageKotak Mahindra Mutual Fund | 5.18M | ₹229 cr | −1.3% | 0.30% | Reducing |
| UTI - Mid Cap FundUTI Mutual Fund | 5.10M | ₹226 cr | Stable | 1.76% | Too little history |
| Upgrade the plan to view this fund.TATA MID CAP FUNDTata Mutual Fund | 4.52M | ₹200 cr | Stable | 3.20% | Mixed |
Holding quantity is the fund's disclosed share count; value is the market value the fund reported for that line. Latest change uses the share quantity, not weight. Conviction trend is the fund's Institutional Conviction signal for this stock over the last 1 year.
How have important mutual-fund holders behaved across reporting periods?
| Fund | Mar | Apr | May | Jun | Jul | Aug |
|---|---|---|---|---|---|---|
| Axis Midcap FundLargest active holder | ||||||
| SBI Midcap FundLargest active holder | ||||||
| quant ELSS Tax Saver FundLargest active holder | ||||||
| quant Mid Cap FundLargest active holder | ||||||
| Mirae Asset Midcap FundLargest active holder | ||||||
| Upgrade the plan to view this fund.Axis Value FundPersistent accumulator | ||||||
| Axis India Manufacturing FundPersistent accumulator | ||||||
| Upgrade the plan to view this fund.Motilal Oswal Focused FundPersistent accumulator | ||||||
| Upgrade the plan to view this fund.JM Flexi cap FundPersistent reducer | ||||||
| Upgrade the plan to view this fund.Baroda BNP Paribas Multi Cap FundPersistent reducer | ||||||
| Hsbc Midcap FundPersistent reducer | ||||||
| Kotak Active Momentum FundRecent new holder | ||||||
| Upgrade the plan to view this fund.Edelweiss BSE LargeMid 60 40 Stable Dividend 50 ETFIndexRecent new holder |
Featured funds: the largest actively managed holders, the strongest persistent accumulators and reducers, and the largest recent new holders. More funds, including index funds, are listed by their largest disclosed position in the year. Shading deepens with the size of the move, up to 25%. A change under 0.5% of the existing holding counts as stable; a month without a filing is never treated as unchanged.
Funds that opened or fully closed a position between July 2026 and August 2026.
Kotak Active Momentum FundKotak Mahindra Mutual Fund
985.97K sharesNew position · 2.63% of fund portfolio
August 2026
Upgrade the plan to view this fund.Edelweiss BSE LargeMid 60 40 Stable Dividend 50 ETFIndexEdelweiss Mutual Fund
8.01K sharesNew position · 1.75% of fund portfolio
August 2026
New holders are ranked by the size of the position opened and exits by the size of the position closed, so small residual lines do not lead the list. Only funds that filed in both months are included. Holding history counts consecutive monthly filings with a position, within the months Stake Trace tracks.
How much of the tracked mutual-fund position sits with the largest holders?
Mutual-fund ownership became more distributed across tracked holders.
Share of the total disclosed shares held by tracked mutual funds that filed in each month. Index funds are included, as they are real holders. Filing coverage differs between months, which affects both figures.
More tracked funds increased than reduced their positions in the latest disclosure: 72 of 207 comparable fund portfolios increased their disclosed holdings while 38 reduced them.
Among actively managed funds alone, 7 increased and 6 reduced their positions, out of 83 comparable.
Axis Value Fund shows one of the strongest persistent accumulation patterns among tracked holders, increasing its disclosed position in 9 of 12 comparable transitions over the last year.
JM Flexi cap Fund shows the strongest persistent reduction, lowering its disclosed position in 6 of 11 comparable transitions.
2 funds initiated new positions in the latest disclosure, while 8 fully exited.
Among funds that disclosed every month, tracked mutual-fund holdings increased by 224.9% between Aug 2025 and Aug 2026, while the number of fund holders rose from 55 to 86.
Mutual-fund ownership became more distributed across tracked holders.
Written from the figures on this page by fixed rules. It describes disclosed holdings only: it is not investment advice, a rating or a forecast, and it does not explain why any fund acted.
Query the same filings from an agent through the Stake Trace MCP.
ownership_shift({ stock: "BHEL", from_period: "2026-07", to_period: "2026-08" })Returns the same comparison across all mutual funds: share-count changes, increases, reductions, entries and exits, adjusted for corporate actions. Add fund to read one scheme.
Query the same filings from an agent through the Stake Trace MCP.
institutional_conviction({ stock: "BHEL", periods: 12 })Returns the stock-level persistence pattern across the trailing periods: how many funds increased, reduced, entered or exited in each transition. The per-fund ranking above uses the same conviction rules.
Named investors and institutions in exchange-reported bulk and block deals. A separate ownership class from the mutual-fund holdings above.
Bulk and block deals are single trades the exchanges publish with the counterparty's name. Both sides of a block deal are often listed; a deal does not show the investor's total holding.
Disclosed trades and pledges by promoters, directors and designated persons, by filing date.
From exchange insider-trading disclosures (SEBI PIT), by intimation date. 2 of the 2 most recent filings are by promoter or promoter-group entities. Identical duplicate filings are listed once. These are disclosed transactions, not a reading of intent.