What stocks does Axis Midcap Fund hold?

Axis Midcap Fund holds a portfolio of Indian equity stocks disclosed monthly by Axis Mutual Fund to AMFI. The complete current holdings with weights and month-over-month changes are available on this page. Data is sourced from official AMFI portfolio disclosures.

Which AMC manages Axis Midcap Fund?

Axis Midcap Fund is managed by Axis Mutual Fund, a SEBI-registered Asset Management Company in India.

What category is Axis Midcap Fund?

Axis Midcap Fund is classified as a Mid Cap mutual fund under SEBI's mutual fund categorisation framework.

How often is Axis Midcap Fund portfolio data updated?

Portfolio holdings for Axis Midcap Fund are updated monthly. SEBI mandates all AMCs to disclose their complete portfolio within 10 days of each month end. RightAdvise sources this data directly from official AMFI portfolio disclosures.

← Axis Mutual Fund

Axis Midcap Fund - Direct Plan - Growth

Mid Cap Data as of Sep 2026 Comparing Aug 2026 → Sep 2026

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Stocks Held

Sep 2026

Equity Holdings

₹30,260.44 Cr

Equity only, excl. debt & cash

AAUM

₹34,398.26 Cr

Jul-Sep 2026 · Direct + Regular

Top 5 Weight

14.5%

Diversified

Top 10 Weight

25.8%

Diversified

Changes

2 new · 6 exits

Top Sector

Electrical Equipment

9.7% of portfolio

Launch Date

31 Jan 2011

10+ year track record

AAUM (Average Assets Under Management) of ₹34,398.26 Cr for Jul-Sep 2026 is the combined figure across Direct and Regular plans — sourced from AMFI India's quarterly disclosure. Equity Holdings above shows only the stock portion from the latest portfolio filing.

📋 What Happened This Month Axis Midcap Fund made 2 new additions and exited 6 stocks this month. The biggest new buy was Aditya Infotech Limited (Industrial Manufacturing) at 0.17% weight. Shriram Finance Limited was the biggest exit (Finance), which was held at 0.95%. Among existing holdings, Gland Pharma Limited saw the biggest increase — now at 0.78% of the portfolio. PB Fintech Limited was trimmed the most, now at 1.44%. The Federal Bank Limited remains the top holding with Electrical Equipment the dominant sector at 9.7%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.

How Has the NAV Performed?

1 year history · Axis Midcap Fund - Direct Plan - Growth

-6.85%

-5.75%

-2.73%

-1.30%

Latest NAV

₹131.67

23 Oct 2026

52W High

₹145.91

-10% from High

52W Low

₹119.92

+10% from Low

Calendar Year Returns

Jan 1 to Dec 31 each year. Simple point-to-point — not CAGR.

2025

+2.0%

2024

+31.4%

2023

+31.0%

2022

-3.9%

2021

+41.8%

2020

+27.8%

2019

+12.8%

2018

+4.6%

2017

+43.6%

Rolling Returns

Performance across every possible investment start date.

1Y Rolling Avg

20.2%

+ve in 91% windows

80.3% / -14.5%

3Y Rolling Avg

20.0% p.a.

+ve in 100% windows

33.0% / 6.1%

5Y Rolling Avg

21.0% p.a.

+ve in 100% windows

29.6% / 11.3%

Crisis Period Behaviour

"Pre-inception" = fund didn't exist during that period.

2024–25 Tariff

-19.4%

Rec: May 2026 (1yr 9mo)

COVID-19 Crash

-29.4%

Rec: Aug 2020 (7 mo)

2022 Rate Hike

-18.7%

Rec: May 2023 (1yr 4mo)

2018 IL&FS

-16.3%

Rec: Sep 2019 (1yr 4mo)

Risk Ratios

3 years daily NAV · Risk-free rate 6.5% p.a. · CAGR, Sharpe Ratio & Standard Deviation — Mutual Fund Guide →

Sharpe Ratio (3Y)

0.51

Return per unit of risk. >1 is good.

Sortino Ratio (3Y)

0.70

Penalises downside volatility only.

Std Deviation (3Y)

14.9%

Lower = more consistent returns.

NAV Chart ₹131.67 23 Oct 2026

Simple Moving Avg: Click to draw · click again to remove

Axis Midcap Fund - Direct Plan - Growth

Chart shows indexed performance (base = 100). Actual NAV: ₹131.67

Sector Shift Industry allocation month-over-month

Jul 2026 → Aug 2026

Sector	Prev	Curr ▼	Delta
Electrical Equipment	8.7%	9.7%	▲ +0.9%
Retailing	7.7%	9.5%	▲ +1.8%
Auto Components	9.7%	9.4%	▼ -0.3%
Banks	8.5%	8.4%	● -0.1%
Pharmaceuticals & Biotechnology	6.4%	6.2%	▼ -0.2%
Finance	5.1%	5.4%	▲ +0.3%
Healthcare Services	3.4%	4.0%	▲ +0.5%
Financial Technology (Fintech)	1.7%	3.5%	▲ +1.8%
Chemicals & Petrochemicals	3.4%	3.5%	▲ +0.1%
Industrial Products	3.7%	3.4%	▼ -0.3%

Aug 2026 → Sep 2026

Sector	Prev	Curr ▼	Delta
Electrical Equipment	9.7%	9.7%	● 0.0%
Retailing	9.5%	9.5%	● 0.0%
Auto Components	9.4%	9.2%	▼ -0.2%
Banks	8.4%	7.7%	▼ -0.7%
Pharmaceuticals & Biotechnology	6.2%	7.2%	▲ +1.0%
Finance	5.4%	3.9%	▼ -1.5%
Chemicals & Petrochemicals	3.5%	3.7%	▲ +0.2%
Capital Markets	2.9%	3.3%	▲ +0.5%
Healthcare Services	4.0%	3.3%	▼ -0.6%
Consumer Durables	3.2%	3.2%	● +0.0%

🟢

Biggest New Buy

Aditya Infotech Limited

0.17% weight · Industrial Manufacturing

🔴

Biggest Exit

Shriram Finance Limited

0.95% was held · Finance

↑

Biggest Add

Gland Pharma Limited

+0.69% · now 0.78%

↓

Biggest Trim

PB Fintech Limited

-0.88% · now 1.44%

🤝 Other funds also bought this month

Aditya Infotech Limited 32 funds

RBL Bank Limited 20 funds

👋 Other funds also exited

Shriram Finance Limited 28 funds

Bharat Electronics Limited 24 funds

Ashok Leyland Limited 23 funds

KEI Industries Limited 22 funds

Prestige Estates Projects Limited 19 funds

Tata Communications Limited 15 funds

What Changed in the Portfolio This Month?

Comparing Aug 2026 → Sep 2026

Aug 2026 → Sep 2026

🟢 2 New Entries 🔴 6 Exits ↑ 40 Increased ↓ 39 Decreased

#	Stock	Sector	Weight (Sep 2026)
1	Aditya Infotech Limited ₹56.86 Cr	Industrial Manufacturing	0.17%
2	RBL Bank Limited ₹37.50 Cr	Banks	0.11%

#	Stock	Sector	Last Weight (Aug 2026)
1	Shriram Finance Limited ₹337.76 Cr	Finance	0.95%
2	KEI Industries Limited ₹139.45 Cr	Industrial Products	0.39%
3	Bharat Electronics Limited ₹135.46 Cr	Aerospace & Defense	0.38%
4	Tata Communications Limited ₹87.52 Cr	Telecom - Services	0.25%
5	Ashok Leyland Limited ₹24.47 Cr	Agricultural, Commercial & Construction Vehicles	0.07%
6	Prestige Estates Projects Limited ₹0.15 L	Realty	0.00%

#	Stock	Sector	Aug 2026	Sep 2026	Change
1	Gland Pharma Limited ₹261.36 Cr	Pharmaceuticals & Biotechnology	0.09%	0.78%	+0.69%
2	Indo-MIM Limited ₹411.85 Cr	Industrial Manufacturing	0.82%	1.23%	+0.41%
3	Multi Commodity Exchange of India Limited ₹543.64 Cr	Capital Markets	1.27%	1.62%	+0.35%
4	Marico Limited ₹530.60 Cr	Agricultural Food & other Products	1.37%	1.58%	+0.21%
5	Lenskart Solutions Limited ₹744.92 Cr	Retailing	2.03%	2.22%	+0.19%
6	The Phoenix Mills Limited ₹769.12 Cr	Realty	2.13%	2.29%	+0.16%
7	Navin Fluorine International Limited ₹121.03 Cr	Chemicals & Petrochemicals	0.20%	0.36%	+0.16%
8	InterGlobe Aviation Limited ₹334.26 Cr	Transport Services	0.85%	1.00%	+0.15%
9	Bosch Limited ₹242.08 Cr	Auto Components	0.59%	0.72%	+0.13%
10	Mankind Pharma Limited ₹161.90 Cr	Pharmaceuticals & Biotechnology	0.35%	0.48%	+0.13%
11	BSE Limited ₹344.90 Cr	Capital Markets	0.92%	1.03%	+0.11%
12	Apar Industries Limited ₹951.03 Cr	Electrical Equipment	2.73%	2.84%	+0.11%
13	The Indian Hotels Company Limited ₹797.78 Cr	Leisure Services	2.28%	2.38%	+0.10%
14	Abbott India Limited ₹370.43 Cr	Pharmaceuticals & Biotechnology	1.00%	1.10%	+0.10%
15	Coforge Limited ₹510.92 Cr	IT - Software	1.43%	1.52%	+0.09%
16	Torrent Power Limited ₹394.62 Cr	Power	1.09%	1.18%	+0.09%
17	Radico Khaitan Limited ₹599.59 Cr	Beverages	1.71%	1.79%	+0.08%
18	ICICI Lombard General Insurance Company Limited ₹348.24 Cr	Insurance	0.97%	1.04%	+0.07%
19	Solar Industries India Limited ₹622.29 Cr	Chemicals & Petrochemicals	1.79%	1.86%	+0.07%
20	IPCA Laboratories Limited ₹771.85 Cr	Pharmaceuticals & Biotechnology	2.23%	2.30%	+0.07%
21	Eternal Limited ₹691.43 Cr	Retailing	2.00%	2.06%	+0.06%
22	GE Vernova T&D India Limited ₹807.24 Cr	Electrical Equipment	2.35%	2.41%	+0.06%
23	Page Industries Limited ₹304.56 Cr	Textiles & Apparels	0.85%	0.91%	+0.06%
24	Dixon Technologies (India) Limited ₹524.99 Cr	Consumer Durables	1.52%	1.57%	+0.05%
25	Blue Star Limited ₹176.68 Cr	Consumer Durables	0.48%	0.53%	+0.05%
26	Dhoot Transmission Ltd ₹288.92 Cr	Automobile and Auto Components	0.81%	0.86%	+0.05%
27	Schaeffler India Limited ₹508.54 Cr	Auto Components	1.48%	1.52%	+0.04%
28	Alkem Laboratories Limited ₹460.60 Cr	Pharmaceuticals & Biotechnology	1.34%	1.37%	+0.03%
29	LG Electronics India Ltd ₹155.12 Cr	Consumer Durables	0.43%	0.46%	+0.03%
30	SRF Limited ₹344.03 Cr	Chemicals & Petrochemicals	1.01%	1.03%	+0.02%
31	PI Industries Limited ₹167.02 Cr	Fertilizers & Agrochemicals	0.48%	0.50%	+0.02%
32	Supreme Industries Limited ₹324.74 Cr	Industrial Products	0.95%	0.97%	+0.02%
33	TD Power Systems Limited ₹83.16 Cr	Electrical Equipment	0.23%	0.25%	+0.02%
34	AU Small Finance Bank Limited ₹413.03 Cr	Banks	1.22%	1.23%	+0.01%
35	Sundaram Finance Limited ₹218.79 Cr	Finance	0.64%	0.65%	+0.01%
36	3M India Limited ₹182.10 Cr	Diversified	0.53%	0.54%	+0.01%
37	Global Health Limited ₹86.20 Cr	Healthcare Services	0.25%	0.26%	+0.01%
38	Craftsman Automation Limited ₹213.67 Cr	Auto Components	0.63%	0.64%	+0.01%
39	Fine Organic Industries Limited ₹146.93 Cr	Chemicals & Petrochemicals	0.43%	0.44%	+0.01%
40	Piramal Finance Ltd ₹49.54 Cr	Finance	0.14%	0.15%	+0.01%

#	Stock	Sector	Aug 2026	Sep 2026	Change
1	PB Fintech Limited ₹481.23 Cr	Financial Technology (Fintech)	2.32%	1.44%	-0.88%
2	Fortis Healthcare Limited ₹875.93 Cr	Healthcare Services	3.21%	2.61%	-0.60%
3	The Federal Bank Limited ₹1,334.38 Cr	Banks	4.40%	3.98%	-0.42%
4	L&T Finance Limited ₹237.15 Cr	Finance	0.97%	0.71%	-0.26%
5	Tube Investments of India Limited ₹74.74 Cr	Auto Components	0.45%	0.22%	-0.23%
6	Cholamandalam Financial Holdings Limited ₹89.26 Cr	Finance	0.46%	0.27%	-0.19%
7	TVS Motor Company Limited ₹357.35 Cr	Automobiles	1.25%	1.07%	-0.18%
8	Premier Energies Limited ₹450.89 Cr	Electrical Equipment	1.52%	1.34%	-0.18%
9	JK Cement Limited ₹370.05 Cr	Cement & Cement Products	1.27%	1.10%	-0.17%
10	One 97 Communications Limited ₹338.62 Cr	Financial Technology (Fintech)	1.17%	1.01%	-0.16%
11	Indian Bank ₹128.87 Cr	Banks	0.54%	0.38%	-0.16%
12	Ather Energy Limited ₹379.89 Cr	Automobiles	1.29%	1.13%	-0.16%
13	IndusInd Bank Limited ₹97.17 Cr	Banks	0.42%	0.29%	-0.13%
14	Trent Limited ₹124.43 Cr	Retailing	0.49%	0.37%	-0.12%
15	Coromandel International Limited ₹326.21 Cr	Fertilizers & Agrochemicals	1.09%	0.97%	-0.12%
16	Voltas Limited ₹141.84 Cr	Consumer Durables	0.53%	0.42%	-0.11%
17	Hindustan Petroleum Corporation Limited ₹95.22 Cr	Petroleum Products	0.38%	0.28%	-0.10%
18	ICICI Bank Limited ₹575.00 Cr	Banks	1.79%	1.71%	-0.08%
19	Bharat Forge Limited ₹630.93 Cr	Auto Components	1.95%	1.88%	-0.07%
20	FSN E-Commerce Ventures Limited ₹564.77 Cr	Retailing	1.74%	1.68%	-0.06%
21	UNO Minda Limited ₹518.45 Cr	Auto Components	1.60%	1.55%	-0.05%
22	Cholamandalam Investment and Finance Company Ltd ₹163.87 Cr	Finance	0.53%	0.49%	-0.04%
23	Mphasis Limited ₹220.90 Cr	IT - Software	0.70%	0.66%	-0.04%
24	Vishal Mega Mart Limited ₹348.47 Cr	Retailing	1.08%	1.04%	-0.04%
25	Bajaj Finance Limited ₹453.94 Cr	Finance	1.38%	1.35%	-0.03%
26	Cummins India Limited ₹559.93 Cr	Industrial Products	1.70%	1.67%	-0.03%
27	Mahindra & Mahindra Financial Services Limited ₹91.81 Cr	Finance	0.30%	0.27%	-0.03%
28	Astral Limited ₹107.69 Cr	Industrial Products	0.35%	0.32%	-0.03%
29	Info Edge (India) Limited ₹376.45 Cr	Retailing	1.14%	1.12%	-0.02%
30	Swiggy Limited ₹77.23 Cr	Retailing	0.25%	0.23%	-0.02%
31	CG Power and Industrial Solutions Limited ₹292.57 Cr	Electrical Equipment	0.89%	0.87%	-0.02%
32	Sona BLW Precision Forgings Limited ₹902.12 Cr	Auto Components	2.71%	2.69%	-0.02%
33	Linde India Limited ₹5.85 Cr	Chemicals & Petrochemicals	0.04%	0.02%	-0.02%
34	Aster DM Healthcare Limited ₹159.23 Cr	Healthcare Services	0.49%	0.47%	-0.02%
35	Bharti Hexacom Limited ₹303.67 Cr	Telecom - Services	0.93%	0.91%	-0.02%
36	Meesho Ltd ₹256.79 Cr	Retailing	0.79%	0.77%	-0.02%
37	Bharat Heavy Electricals Limited ₹649.71 Cr	Electrical Equipment	1.95%	1.94%	-0.01%
38	Amber Enterprises India Limited ₹72.17 Cr	Consumer Durables	0.23%	0.22%	-0.01%
39	K.P.R. Mill Limited ₹318.77 Cr	Textiles & Apparels	0.96%	0.95%	-0.01%

What Stocks Does This Fund Hold?

84 stocks — Sep 2026

#	Stock	Sector	Weight & Value
1	The Federal Bank Limited ₹1,334.38 Cr	Banks	3.98%
2	Apar Industries Limited ₹951.03 Cr	Electrical Equipment	2.84%
3	Sona BLW Precision Forgings Limited ₹902.12 Cr	Auto Components	2.69%
4	Fortis Healthcare Limited ₹875.93 Cr	Healthcare Services	2.61%
5	GE Vernova T&D India Limited ₹807.24 Cr	Electrical Equipment	2.41%
6	The Indian Hotels Company Limited ₹797.78 Cr	Leisure Services	2.38%
7	IPCA Laboratories Limited ₹771.85 Cr	Pharmaceuticals & Biotechnology	2.30%
8	The Phoenix Mills Limited ₹769.12 Cr	Realty	2.29%
9	Lenskart Solutions Limited ₹744.92 Cr	Retailing	2.22%
10	Eternal Limited ₹691.43 Cr	Retailing	2.06%
11	Bharat Heavy Electricals Limited ₹649.71 Cr	Electrical Equipment	1.94%
12	Bharat Forge Limited ₹630.93 Cr	Auto Components	1.88%
13	Solar Industries India Limited ₹622.29 Cr	Chemicals & Petrochemicals	1.86%
14	Radico Khaitan Limited ₹599.59 Cr	Beverages	1.79%
15	ICICI Bank Limited ₹575.00 Cr	Banks	1.71%
16	FSN E-Commerce Ventures Limited ₹564.77 Cr	Retailing	1.68%
17	Cummins India Limited ₹559.93 Cr	Industrial Products	1.67%
18	Multi Commodity Exchange of India Limited ₹543.64 Cr	Capital Markets	1.62%
19	Marico Limited ₹530.60 Cr	Agricultural Food & other Products	1.58%
20	Dixon Technologies (India) Limited ₹524.99 Cr	Consumer Durables	1.57%
21	UNO Minda Limited ₹518.45 Cr	Auto Components	1.55%
22	Schaeffler India Limited ₹508.54 Cr	Auto Components	1.52%
23	Coforge Limited ₹510.92 Cr	IT - Software	1.52%
24	PB Fintech Limited ₹481.23 Cr	Financial Technology (Fintech)	1.44%
25	Alkem Laboratories Limited ₹460.60 Cr	Pharmaceuticals & Biotechnology	1.37%
26	Bajaj Finance Limited ₹453.94 Cr	Finance	1.35%
27	Premier Energies Limited ₹450.89 Cr	Electrical Equipment	1.34%
28	AU Small Finance Bank Limited ₹413.03 Cr	Banks	1.23%
29	Indo-MIM Limited ₹411.85 Cr	Industrial Manufacturing	1.23%
30	Torrent Power Limited ₹394.62 Cr	Power	1.18%
31	Ather Energy Limited ₹379.89 Cr	Automobiles	1.13%
32	Info Edge (India) Limited ₹376.45 Cr	Retailing	1.12%
33	JK Cement Limited ₹370.05 Cr	Cement & Cement Products	1.10%
34	Abbott India Limited ₹370.43 Cr	Pharmaceuticals & Biotechnology	1.10%
35	TVS Motor Company Limited ₹357.35 Cr	Automobiles	1.07%
36	Vishal Mega Mart Limited ₹348.47 Cr	Retailing	1.04%
37	ICICI Lombard General Insurance Company Limited ₹348.24 Cr	Insurance	1.04%
38	BSE Limited ₹344.90 Cr	Capital Markets	1.03%
39	SRF Limited ₹344.03 Cr	Chemicals & Petrochemicals	1.03%
40	One 97 Communications Limited ₹338.62 Cr	Financial Technology (Fintech)	1.01%
41	InterGlobe Aviation Limited ₹334.26 Cr	Transport Services	1.00%
42	Coromandel International Limited ₹326.21 Cr	Fertilizers & Agrochemicals	0.97%
43	Supreme Industries Limited ₹324.74 Cr	Industrial Products	0.97%
44	K.P.R. Mill Limited ₹318.77 Cr	Textiles & Apparels	0.95%
45	Page Industries Limited ₹304.56 Cr	Textiles & Apparels	0.91%
46	Bharti Hexacom Limited ₹303.67 Cr	Telecom - Services	0.91%
47	CG Power and Industrial Solutions Limited ₹292.57 Cr	Electrical Equipment	0.87%
48	Dhoot Transmission Ltd ₹288.92 Cr	Automobile and Auto Components	0.86%
49	Gland Pharma Limited ₹261.36 Cr	Pharmaceuticals & Biotechnology	0.78%
50	Meesho Ltd ₹256.79 Cr	Retailing	0.77%
51	Bosch Limited ₹242.08 Cr	Auto Components	0.72%
52	Torrent Pharmaceuticals Limited ₹241.10 Cr	Pharmaceuticals & Biotechnology	0.72%
53	L&T Finance Limited ₹237.15 Cr	Finance	0.71%
54	Billionbrains Garage Ventures Ltd ₹232.71 Cr	Capital Markets	0.69%
55	Mphasis Limited ₹220.90 Cr	IT - Software	0.66%
56	Sundaram Finance Limited ₹218.79 Cr	Finance	0.65%
57	Craftsman Automation Limited ₹213.67 Cr	Auto Components	0.64%
58	3M India Limited ₹182.10 Cr	Diversified	0.54%
59	Blue Star Limited ₹176.68 Cr	Consumer Durables	0.53%
60	PI Industries Limited ₹167.02 Cr	Fertilizers & Agrochemicals	0.50%
61	Cholamandalam Investment and Finance Company Ltd ₹163.87 Cr	Finance	0.49%
62	Mankind Pharma Limited ₹161.90 Cr	Pharmaceuticals & Biotechnology	0.48%
63	Aster DM Healthcare Limited ₹159.23 Cr	Healthcare Services	0.47%
64	Anthem Biosciences Limited ₹159.04 Cr	Pharmaceuticals & Biotechnology	0.47%
65	LG Electronics India Ltd ₹155.12 Cr	Consumer Durables	0.46%
66	Fine Organic Industries Limited ₹146.93 Cr	Chemicals & Petrochemicals	0.44%
67	Voltas Limited ₹141.84 Cr	Consumer Durables	0.42%
68	Indian Bank ₹128.87 Cr	Banks	0.38%
69	Trent Limited ₹124.43 Cr	Retailing	0.37%
70	Navin Fluorine International Limited ₹121.03 Cr	Chemicals & Petrochemicals	0.36%
71	Astral Limited ₹107.69 Cr	Industrial Products	0.32%
72	IndusInd Bank Limited ₹97.17 Cr	Banks	0.29%
73	Hindustan Petroleum Corporation Limited ₹95.22 Cr	Petroleum Products	0.28%
74	Mahindra & Mahindra Financial Services Limited ₹91.81 Cr	Finance	0.27%
75	Cholamandalam Financial Holdings Limited ₹89.26 Cr	Finance	0.27%
76	Global Health Limited ₹86.20 Cr	Healthcare Services	0.26%
77	TD Power Systems Limited ₹83.16 Cr	Electrical Equipment	0.25%
78	Swiggy Limited ₹77.23 Cr	Retailing	0.23%
79	Tube Investments of India Limited ₹74.74 Cr	Auto Components	0.22%
80	Amber Enterprises India Limited ₹72.17 Cr	Consumer Durables	0.22%
81	Aditya Infotech Limited ₹56.86 Cr	Industrial Manufacturing	0.17%
82	Piramal Finance Ltd ₹49.54 Cr	Finance	0.15%
83	RBL Bank Limited ₹37.50 Cr	Banks	0.11%
84	Linde India Limited ₹5.85 Cr	Chemicals & Petrochemicals	0.02%