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 Apr 2026 Comparing Mar 2026 → Apr 2026

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Stocks Held

Apr 2026

Equity Holdings

₹28,898.62 Cr

Equity only, excl. debt & cash

Top 5 Weight

15.7%

Diversified

Top 10 Weight

25.7%

Diversified

Changes

1 new · 2 exits

Top Sector

Electrical Equipment

10.4% of portfolio

📋 What Happened This Month Axis Midcap Fund made 1 new addition and exited 2 stocks this month. The biggest new buy was Radico Khaitan Limited (Beverages) at 0.27% weight. Honeywell Automation India Limited was the biggest exit (Industrial Manufacturing), which was held at 0.09%. Among existing holdings, Multi Commodity Exchange of India Limited saw the biggest increase — now at 3.43% of the portfolio. Indus Towers Limited was trimmed the most, now at 0.25%. The Federal Bank Limited remains the top holding with Electrical Equipment the dominant sector at 10.4%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.

NAV Performance

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

-1.33%

+4.17%

+2.07%

+4.09%

Latest NAV

₹135.29

04 Jun 2026

52W High

₹138.30

-2% from High

52W Low

₹109.20

+24% 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

20.8%

+ve in 91% windows

80.3% / -14.5%

3Y Rolling Avg

20.1% p.a.

+ve in 100% windows

33.0% / 6.1%

5Y Rolling Avg

21.5% p.a.

+ve in 100% windows

29.6% / 14.9%

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. What do these mean? →

Sharpe Ratio (3Y)

0.90

Return per unit of risk. >1 is good.

Sortino Ratio (3Y)

1.25

Penalises downside volatility only.

Std Deviation (3Y)

14.6%

Lower = more consistent returns.

NAV Chart ₹135.29 04 Jun 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: ₹135.29

Sector Shift Industry allocation month-over-month

Feb 2026 → Mar 2026

Sector	Prev	Curr ▼	Delta
Electrical Equipment	8.8%	9.3%	▲ +0.5%
Auto Components	8.8%	8.4%	▼ -0.3%
Pharmaceuticals & Biotechnology	6.3%	7.5%	▲ +1.2%
Banks	7.2%	6.7%	▼ -0.5%
Capital Markets	4.3%	5.0%	▲ +0.7%
Retailing	4.9%	4.8%	▼ -0.1%
Industrial Products	4.6%	4.4%	▼ -0.2%
Finance	4.7%	4.2%	▼ -0.5%
IT - Software	3.4%	3.6%	▲ +0.3%
Chemicals & Petrochemicals	3.3%	3.5%	▲ +0.2%

Mar 2026 → Apr 2026

Sector	Prev	Curr ▼	Delta
Electrical Equipment	9.3%	10.4%	▲ +1.1%
Auto Components	8.4%	8.8%	▲ +0.4%
Pharmaceuticals & Biotechnology	7.5%	6.8%	▼ -0.7%
Banks	6.7%	6.6%	▼ -0.1%
Capital Markets	5.0%	5.9%	▲ +0.9%
Retailing	4.8%	5.1%	▲ +0.3%
Finance	4.2%	4.5%	▲ +0.3%
Industrial Products	4.4%	4.4%	● +0.0%
IT - Software	3.6%	3.7%	● +0.0%
Chemicals & Petrochemicals	3.5%	3.6%	▲ +0.1%

🟢

Biggest New Buy

Radico Khaitan Limited

0.27% weight · Beverages

🔴

Biggest Exit

Honeywell Automation India Limited

0.09% was held · Industrial Manufacturing

↑

Biggest Add

Multi Commodity Exchange of India Limited

+0.47% · now 3.43%

↓

Biggest Trim

Indus Towers Limited

-0.32% · now 0.25%

🤝 Other funds also bought this month

Radico Khaitan Limited 30 funds

👋 Other funds also exited

HDFC Asset Management Company Limited 23 funds

Honeywell Automation India Limited 5 funds

What Changed?

Comparing Mar 2026 → Apr 2026

Mar 2026 → Apr 2026

🟢 1 New Entry 🔴 2 Exits ↑ 44 Increased ↓ 38 Decreased

#	Stock	Sector	Weight (Apr 2026)
1	Radico Khaitan Limited ₹86.95 Cr	Beverages	0.27%

#	Stock	Sector	Last Weight (Mar 2026)
1	Honeywell Automation India Limited ₹27.32 Cr	Industrial Manufacturing	0.09%
2	HDFC Asset Management Company Limited ₹2.31 Cr	Capital Markets	0.01%

#	Stock	Sector	Mar 2026	Apr 2026	Change
1	Multi Commodity Exchange of India Limited ₹1,106.96 Cr	Capital Markets	2.96%	3.43%	+0.47%
2	Sona BLW Precision Forgings Limited ₹495.93 Cr	Auto Components	1.14%	1.54%	+0.40%
3	BSE Limited ₹690.34 Cr	Capital Markets	1.76%	2.14%	+0.38%
4	Bharat Heavy Electricals Limited ₹512.12 Cr	Electrical Equipment	1.24%	1.59%	+0.35%
5	Hitachi Energy India Limited ₹557.04 Cr	Electrical Equipment	1.40%	1.73%	+0.33%
6	FSN E-Commerce Ventures Limited ₹254.21 Cr	Retailing	0.51%	0.79%	+0.28%
7	Torrent Power Limited ₹535.75 Cr	Power	1.40%	1.66%	+0.26%
8	Shriram Finance Limited ₹254.15 Cr	Finance	0.54%	0.79%	+0.25%
9	Page Industries Limited ₹162.99 Cr	Textiles & Apparels	0.25%	0.50%	+0.25%
10	Solar Industries India Limited ₹574.81 Cr	Chemicals & Petrochemicals	1.56%	1.78%	+0.22%
11	Tube Investments of India Limited ₹265.99 Cr	Auto Components	0.61%	0.82%	+0.21%
12	Anthem Biosciences Limited ₹118.83 Cr	Pharmaceuticals & Biotechnology	0.17%	0.37%	+0.20%
13	Apar Industries Limited ₹567.68 Cr	Electrical Equipment	1.58%	1.76%	+0.18%
14	Voltas Limited ₹251.08 Cr	Consumer Durables	0.61%	0.78%	+0.17%
15	Fortis Healthcare Limited ₹1,148.83 Cr	Healthcare Services	3.43%	3.56%	+0.13%
16	CG Power and Industrial Solutions Limited ₹366.86 Cr	Electrical Equipment	1.02%	1.14%	+0.12%
17	Oracle Financial Services Software Limited ₹181.35 Cr	IT - Software	0.44%	0.56%	+0.12%
18	Hindustan Petroleum Corporation Limited ₹297.57 Cr	Petroleum Products	0.82%	0.92%	+0.10%
19	GE Vernova T&D India Limited ₹837.24 Cr	Electrical Equipment	2.50%	2.59%	+0.09%
20	The Phoenix Mills Limited ₹631.95 Cr	Realty	1.87%	1.96%	+0.09%
21	Bharat Forge Limited ₹495.20 Cr	Auto Components	1.44%	1.53%	+0.09%
22	Cummins India Limited ₹619.50 Cr	Industrial Products	1.84%	1.92%	+0.08%
23	Coforge Limited ₹341.56 Cr	IT - Software	0.98%	1.06%	+0.08%
24	AU Small Finance Bank Limited ₹338.52 Cr	Banks	0.97%	1.05%	+0.08%
25	Trent Limited ₹240.16 Cr	Retailing	0.66%	0.74%	+0.08%
26	ITC Hotels Limited ₹169.40 Cr	Leisure Services	0.44%	0.52%	+0.08%
27	Astral Limited ₹136.27 Cr	Industrial Products	0.35%	0.42%	+0.07%
28	Billionbrains Garage Ventures Ltd ₹104.18 Cr	Capital Markets	0.25%	0.32%	+0.07%
29	KEI Industries Limited ₹310.67 Cr	Industrial Products	0.90%	0.96%	+0.06%
30	The Federal Bank Limited ₹1,249.28 Cr	Banks	3.82%	3.87%	+0.05%
31	Vishal Mega Mart Limited ₹443.70 Cr	Retailing	1.32%	1.37%	+0.05%
32	ICICI Lombard General Insurance Company Limited ₹386.17 Cr	Insurance	1.15%	1.20%	+0.05%
33	Prestige Estates Projects Limited ₹161.16 Cr	Realty	0.45%	0.50%	+0.05%
34	PB Fintech Limited ₹353.02 Cr	Financial Technology (Fintech)	1.05%	1.09%	+0.04%
35	Cholamandalam Financial Holdings Limited ₹256.30 Cr	Finance	0.75%	0.79%	+0.04%
36	Premier Energies Limited ₹527.61 Cr	Electrical Equipment	1.60%	1.63%	+0.03%
37	Bajaj Finance Limited ₹238.85 Cr	Finance	0.71%	0.74%	+0.03%
38	Cholamandalam Investment and Finance Company Ltd ₹216.52 Cr	Finance	0.65%	0.67%	+0.02%
39	Fine Organic Industries Limited ₹140.96 Cr	Chemicals & Petrochemicals	0.42%	0.44%	+0.02%
40	K.P.R. Mill Limited ₹257.19 Cr	Textiles & Apparels	0.79%	0.80%	+0.01%
41	L&T Technology Services Limited ₹97.66 Cr	IT - Services	0.29%	0.30%	+0.01%
42	Tata Communications Limited ₹67.81 Cr	Telecom - Services	0.20%	0.21%	+0.01%
43	Container Corporation of India Limited ₹41.27 Cr	Transport Services	0.12%	0.13%	+0.01%
44	KPIT Technologies Limited ₹32.09 Cr	IT - Software	0.09%	0.10%	+0.01%

#	Stock	Sector	Mar 2026	Apr 2026	Change
1	Indus Towers Limited ₹81.07 Cr	Telecom - Services	0.57%	0.25%	-0.32%
2	Lupin Limited ₹292.08 Cr	Pharmaceuticals & Biotechnology	1.18%	0.90%	-0.28%
3	IPCA Laboratories Limited ₹613.19 Cr	Pharmaceuticals & Biotechnology	2.11%	1.90%	-0.21%
4	Indian Bank ₹390.49 Cr	Banks	1.41%	1.21%	-0.20%
5	Abbott India Limited ₹414.20 Cr	Pharmaceuticals & Biotechnology	1.46%	1.28%	-0.18%
6	Supreme Industries Limited ₹368.96 Cr	Industrial Products	1.32%	1.14%	-0.18%
7	Persistent Systems Limited ₹390.82 Cr	IT - Software	1.38%	1.21%	-0.17%
8	TVS Motor Company Limited ₹424.70 Cr	Automobiles	1.47%	1.32%	-0.15%
9	Dixon Technologies (India) Limited ₹47.16 Cr	Consumer Durables	0.30%	0.15%	-0.15%
10	Bharti Hexacom Limited ₹406.69 Cr	Telecom - Services	1.40%	1.26%	-0.14%
11	Bharat Electronics Limited ₹297.39 Cr	Aerospace & Defense	1.05%	0.92%	-0.13%
12	Balkrishna Industries Limited ₹101.50 Cr	Auto Components	0.44%	0.31%	-0.13%
13	JK Cement Limited ₹469.27 Cr	Cement & Cement Products	1.56%	1.45%	-0.11%
14	SRF Limited ₹377.84 Cr	Chemicals & Petrochemicals	1.27%	1.17%	-0.10%
15	ZF Commercial Vehicle Control Systems India Limited ₹157.77 Cr	Auto Components	0.59%	0.49%	-0.10%
16	JB Chemicals & Pharmaceuticals Limited ₹201.25 Cr	Pharmaceuticals & Biotechnology	0.71%	0.62%	-0.09%
17	Alkem Laboratories Limited ₹280.45 Cr	Pharmaceuticals & Biotechnology	0.95%	0.87%	-0.08%
18	Jyoti CNC Automation Ltd ₹94.81 Cr	Industrial Manufacturing	0.36%	0.29%	-0.07%
19	UNO Minda Limited ₹478.72 Cr	Auto Components	1.54%	1.48%	-0.06%
20	Coromandel International Limited ₹591.80 Cr	Fertilizers & Agrochemicals	1.88%	1.83%	-0.05%
21	Sundaram Finance Limited ₹227.82 Cr	Finance	0.76%	0.71%	-0.05%
22	Info Edge (India) Limited ₹222.22 Cr	Retailing	0.74%	0.69%	-0.05%
23	Swiggy Limited ₹207.80 Cr	Retailing	0.69%	0.64%	-0.05%
24	L&T Finance Limited ₹242.31 Cr	Finance	0.79%	0.75%	-0.04%
25	Eternal Limited ₹239.31 Cr	Retailing	0.77%	0.74%	-0.03%
26	ICICI Bank Limited ₹151.03 Cr	Banks	0.50%	0.47%	-0.03%
27	Blue Star Limited ₹369.08 Cr	Consumer Durables	1.16%	1.14%	-0.02%
28	Jindal Steel Limited ₹318.92 Cr	Ferrous Metals	1.01%	0.99%	-0.02%
29	Ashok Leyland Limited ₹314.64 Cr	Agricultural, Commercial & Construction Vehicles	0.99%	0.97%	-0.02%
30	Endurance Technologies Limited ₹128.48 Cr	Auto Components	0.42%	0.40%	-0.02%
31	The Indian Hotels Company Limited ₹653.84 Cr	Leisure Services	2.04%	2.03%	-0.01%
32	3M India Limited ₹188.56 Cr	Diversified	0.59%	0.58%	-0.01%
33	Jubilant Foodworks Limited ₹173.37 Cr	Leisure Services	0.55%	0.54%	-0.01%
34	Glenmark Pharmaceuticals Limited ₹170.91 Cr	Pharmaceuticals & Biotechnology	0.54%	0.53%	-0.01%
35	LG Electronics India Ltd ₹143.37 Cr	Consumer Durables	0.45%	0.44%	-0.01%
36	Linde India Limited ₹71.84 Cr	Chemicals & Petrochemicals	0.23%	0.22%	-0.01%
37	ICICI Prudential Life Insurance Company Limited ₹47.34 Cr	Insurance	0.16%	0.15%	-0.01%
38	Lenskart Solutions Limited ₹26.07 Cr	Retailing	0.09%	0.08%	-0.01%

Full Portfolio

87 stocks — Apr 2026

#	Stock	Sector	Weight & Value
1	The Federal Bank Limited ₹1,249.28 Cr	Banks	3.87%
2	Fortis Healthcare Limited ₹1,148.83 Cr	Healthcare Services	3.56%
3	Multi Commodity Exchange of India Limited ₹1,106.96 Cr	Capital Markets	3.43%
4	GE Vernova T&D India Limited ₹837.24 Cr	Electrical Equipment	2.59%
5	Schaeffler India Limited ₹727.40 Cr	Auto Components	2.25%
6	BSE Limited ₹690.34 Cr	Capital Markets	2.14%
7	The Indian Hotels Company Limited ₹653.84 Cr	Leisure Services	2.03%
8	The Phoenix Mills Limited ₹631.95 Cr	Realty	1.96%
9	Cummins India Limited ₹619.50 Cr	Industrial Products	1.92%
10	IPCA Laboratories Limited ₹613.19 Cr	Pharmaceuticals & Biotechnology	1.90%
11	Coromandel International Limited ₹591.80 Cr	Fertilizers & Agrochemicals	1.83%
12	Solar Industries India Limited ₹574.81 Cr	Chemicals & Petrochemicals	1.78%
13	Apar Industries Limited ₹567.68 Cr	Electrical Equipment	1.76%
14	Hitachi Energy India Limited ₹557.04 Cr	Electrical Equipment	1.73%
15	Torrent Power Limited ₹535.75 Cr	Power	1.66%
16	Premier Energies Limited ₹527.61 Cr	Electrical Equipment	1.63%
17	Bharat Heavy Electricals Limited ₹512.12 Cr	Electrical Equipment	1.59%
18	Sona BLW Precision Forgings Limited ₹495.93 Cr	Auto Components	1.54%
19	Bharat Forge Limited ₹495.20 Cr	Auto Components	1.53%
20	UNO Minda Limited ₹478.72 Cr	Auto Components	1.48%
21	JK Cement Limited ₹469.27 Cr	Cement & Cement Products	1.45%
22	Vishal Mega Mart Limited ₹443.70 Cr	Retailing	1.37%
23	TVS Motor Company Limited ₹424.70 Cr	Automobiles	1.32%
24	Abbott India Limited ₹414.20 Cr	Pharmaceuticals & Biotechnology	1.28%
25	Bharti Hexacom Limited ₹406.69 Cr	Telecom - Services	1.26%
26	Persistent Systems Limited ₹390.82 Cr	IT - Software	1.21%
27	Indian Bank ₹390.49 Cr	Banks	1.21%
28	ICICI Lombard General Insurance Company Limited ₹386.17 Cr	Insurance	1.20%
29	SRF Limited ₹377.84 Cr	Chemicals & Petrochemicals	1.17%
30	Blue Star Limited ₹369.08 Cr	Consumer Durables	1.14%
31	Supreme Industries Limited ₹368.96 Cr	Industrial Products	1.14%
32	CG Power and Industrial Solutions Limited ₹366.86 Cr	Electrical Equipment	1.14%
33	PB Fintech Limited ₹353.02 Cr	Financial Technology (Fintech)	1.09%
34	Coforge Limited ₹341.56 Cr	IT - Software	1.06%
35	AU Small Finance Bank Limited ₹338.52 Cr	Banks	1.05%
36	Jindal Steel Limited ₹318.92 Cr	Ferrous Metals	0.99%
37	PI Industries Limited ₹317.09 Cr	Fertilizers & Agrochemicals	0.98%
38	Ashok Leyland Limited ₹314.64 Cr	Agricultural, Commercial & Construction Vehicles	0.97%
39	KEI Industries Limited ₹310.67 Cr	Industrial Products	0.96%
40	Hindustan Petroleum Corporation Limited ₹297.57 Cr	Petroleum Products	0.92%
41	Bharat Electronics Limited ₹297.39 Cr	Aerospace & Defense	0.92%
42	Lupin Limited ₹292.08 Cr	Pharmaceuticals & Biotechnology	0.90%
43	Alkem Laboratories Limited ₹280.45 Cr	Pharmaceuticals & Biotechnology	0.87%
44	Tube Investments of India Limited ₹265.99 Cr	Auto Components	0.82%
45	K.P.R. Mill Limited ₹257.19 Cr	Textiles & Apparels	0.80%
46	Cholamandalam Financial Holdings Limited ₹256.30 Cr	Finance	0.79%
47	Shriram Finance Limited ₹254.15 Cr	Finance	0.79%
48	FSN E-Commerce Ventures Limited ₹254.21 Cr	Retailing	0.79%
49	Voltas Limited ₹251.08 Cr	Consumer Durables	0.78%
50	L&T Finance Limited ₹242.31 Cr	Finance	0.75%
51	Trent Limited ₹240.16 Cr	Retailing	0.74%
52	Eternal Limited ₹239.31 Cr	Retailing	0.74%
53	Bajaj Finance Limited ₹238.85 Cr	Finance	0.74%
54	Mphasis Limited ₹238.03 Cr	IT - Software	0.74%
55	Sundaram Finance Limited ₹227.82 Cr	Finance	0.71%
56	Info Edge (India) Limited ₹222.22 Cr	Retailing	0.69%
57	Cholamandalam Investment and Finance Company Ltd ₹216.52 Cr	Finance	0.67%
58	Swiggy Limited ₹207.80 Cr	Retailing	0.64%
59	JB Chemicals & Pharmaceuticals Limited ₹201.25 Cr	Pharmaceuticals & Biotechnology	0.62%
60	3M India Limited ₹188.56 Cr	Diversified	0.58%
61	Oracle Financial Services Software Limited ₹181.35 Cr	IT - Software	0.56%
62	Jubilant Foodworks Limited ₹173.37 Cr	Leisure Services	0.54%
63	Glenmark Pharmaceuticals Limited ₹170.91 Cr	Pharmaceuticals & Biotechnology	0.53%
64	ITC Hotels Limited ₹169.40 Cr	Leisure Services	0.52%
65	Prestige Estates Projects Limited ₹161.16 Cr	Realty	0.50%
66	Page Industries Limited ₹162.99 Cr	Textiles & Apparels	0.50%
67	ZF Commercial Vehicle Control Systems India Limited ₹157.77 Cr	Auto Components	0.49%
68	ICICI Bank Limited ₹151.03 Cr	Banks	0.47%
69	LG Electronics India Ltd ₹143.37 Cr	Consumer Durables	0.44%
70	Fine Organic Industries Limited ₹140.96 Cr	Chemicals & Petrochemicals	0.44%
71	Astral Limited ₹136.27 Cr	Industrial Products	0.42%
72	Endurance Technologies Limited ₹128.48 Cr	Auto Components	0.40%
73	Anthem Biosciences Limited ₹118.83 Cr	Pharmaceuticals & Biotechnology	0.37%
74	Mankind Pharma Limited ₹115.29 Cr	Pharmaceuticals & Biotechnology	0.36%
75	Billionbrains Garage Ventures Ltd ₹104.18 Cr	Capital Markets	0.32%
76	Balkrishna Industries Limited ₹101.50 Cr	Auto Components	0.31%
77	L&T Technology Services Limited ₹97.66 Cr	IT - Services	0.30%
78	Jyoti CNC Automation Ltd ₹94.81 Cr	Industrial Manufacturing	0.29%
79	Radico Khaitan Limited ₹86.95 Cr	Beverages	0.27%
80	Indus Towers Limited ₹81.07 Cr	Telecom - Services	0.25%
81	Linde India Limited ₹71.84 Cr	Chemicals & Petrochemicals	0.22%
82	Tata Communications Limited ₹67.81 Cr	Telecom - Services	0.21%
83	ICICI Prudential Life Insurance Company Limited ₹47.34 Cr	Insurance	0.15%
84	Dixon Technologies (India) Limited ₹47.16 Cr	Consumer Durables	0.15%
85	Container Corporation of India Limited ₹41.27 Cr	Transport Services	0.13%
86	KPIT Technologies Limited ₹32.09 Cr	IT - Software	0.10%
87	Lenskart Solutions Limited ₹26.07 Cr	Retailing	0.08%