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 Oct 2026 Comparing Sep 2026 → Oct 2026

Share: WhatsApp X

⌕

Stocks Held

Oct 2026

Equity Holdings

₹30,759.30 Cr

Equity only, excl. debt & cash

AAUM

₹34,398.26 Cr

Jul-Sep 2026 · Direct + Regular

Top 5 Weight

14.9%

Diversified

Top 10 Weight

26.5%

Diversified

Changes

3 new · 2 exits

Top Sector

Retailing

9.6% 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 3 new additions and exited 2 stocks this month. The biggest new buy was Laurus Labs Limited (Pharmaceuticals & Biotechnology) at 0.60% weight. Cholamandalam Financial Holdings Limited was the biggest exit (Finance), which was held at 0.27%. Among existing holdings, Ather Energy Limited saw the biggest increase — now at 1.96% of the portfolio. Apar Industries Limited was trimmed the most, now at 2.45%. The Federal Bank Limited remains the top holding with Retailing the dominant sector at 9.6%. ↓ 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

+5.21%

+0.63%

+7.66%

+8.28%

Latest NAV

₹144.91

12 Nov 2026

52W High

₹145.91

-1% from High

52W Low

₹119.92

+21% 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)

0.61

Return per unit of risk. >1 is good.

Sortino Ratio (3Y)

0.86

Penalises downside volatility only.

Std Deviation (3Y)

15.0%

Lower = more consistent returns.

NAV Chart ₹144.91 12 Nov 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: ₹144.91

Sector Shift Industry allocation month-over-month

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%

Sep 2026 → Oct 2026

Sector	Prev	Curr ▼	Delta
Retailing	9.5%	9.6%	▲ +0.1%
Electrical Equipment	9.7%	9.0%	▼ -0.6%
Auto Components	9.2%	8.8%	▼ -0.4%
Pharmaceuticals & Biotechnology	7.2%	8.6%	▲ +1.3%
Banks	7.7%	7.9%	▲ +0.2%
Capital Markets	3.3%	4.1%	▲ +0.7%
Chemicals & Petrochemicals	3.7%	3.9%	▲ +0.2%
Finance	3.9%	3.4%	▼ -0.5%
Healthcare Services	3.3%	3.3%	● 0.0%
Automobiles	2.2%	3.1%	▲ +0.9%

🟢

Biggest New Buy

Laurus Labs Limited

0.60% weight · Pharmaceuticals & Biotechnology

🔴

Biggest Exit

Cholamandalam Financial Holdings Limited

0.27% was held · Finance

↑

Biggest Add

Ather Energy Limited

+0.83% · now 1.96%

↓

Biggest Trim

Apar Industries Limited

-0.39% · now 2.45%

🤝 Other funds also bought this month

Laurus Labs Limited 19 funds

Piramal Pharma Limited 14 funds

United Spirits Limited 13 funds

👋 Other funds also exited

Cholamandalam Financial Holdings Limited 11 funds

Tube Investments of India Limited 10 funds

What Changed in the Portfolio This Month?

Comparing Sep 2026 → Oct 2026

Sep 2026 → Oct 2026

🟢 3 New Entries 🔴 2 Exits ↑ 30 Increased ↓ 45 Decreased

#	Stock	Sector	Weight (Oct 2026)
1	Laurus Labs Limited ₹201.26 Cr	Pharmaceuticals & Biotechnology	0.60%
2	United Spirits Limited ₹148.67 Cr	Beverages	0.45%
3	Piramal Pharma Limited ₹87.51 Cr	Pharmaceuticals & Biotechnology	0.26%

#	Stock	Sector	Last Weight (Sep 2026)
1	Cholamandalam Financial Holdings Limited ₹89.26 Cr	Finance	0.27%
2	Tube Investments of India Limited ₹74.74 Cr	Auto Components	0.22%

#	Stock	Sector	Sep 2026	Oct 2026	Change
1	Ather Energy Limited ₹654.34 Cr	Automobiles	1.13%	1.96%	+0.83%
2	Multi Commodity Exchange of India Limited ₹711.72 Cr	Capital Markets	1.62%	2.14%	+0.52%
3	FSN E-Commerce Ventures Limited ₹678.17 Cr	Retailing	1.68%	2.04%	+0.36%
4	Anthem Biosciences Limited ₹268.08 Cr	Pharmaceuticals & Biotechnology	0.47%	0.80%	+0.33%
5	The Federal Bank Limited ₹1,421.08 Cr	Banks	3.98%	4.27%	+0.29%
6	The Indian Hotels Company Limited ₹888.65 Cr	Leisure Services	2.38%	2.67%	+0.29%
7	Coforge Limited ₹597.36 Cr	IT - Software	1.52%	1.79%	+0.27%
8	Navin Fluorine International Limited ₹205.40 Cr	Chemicals & Petrochemicals	0.36%	0.62%	+0.26%
9	Sona BLW Precision Forgings Limited ₹967.88 Cr	Auto Components	2.69%	2.91%	+0.22%
10	Gland Pharma Limited ₹323.05 Cr	Pharmaceuticals & Biotechnology	0.78%	0.97%	+0.19%
11	Eternal Limited ₹742.53 Cr	Retailing	2.06%	2.23%	+0.17%
12	Bosch Limited ₹297.13 Cr	Auto Components	0.72%	0.89%	+0.17%
13	Lenskart Solutions Limited ₹796.29 Cr	Retailing	2.22%	2.39%	+0.17%
14	TD Power Systems Limited ₹140.52 Cr	Electrical Equipment	0.25%	0.42%	+0.17%
15	BSE Limited ₹391.57 Cr	Capital Markets	1.03%	1.18%	+0.15%
16	Bharti Hexacom Limited ₹348.80 Cr	Telecom - Services	0.91%	1.05%	+0.14%
17	Dhoot Transmission Ltd ₹329.64 Cr	Automobile and Auto Components	0.86%	0.99%	+0.13%
18	ICICI Bank Limited ₹608.19 Cr	Banks	1.71%	1.83%	+0.12%
19	Marico Limited ₹566.07 Cr	Agricultural Food & other Products	1.58%	1.70%	+0.12%
20	Mphasis Limited ₹258.96 Cr	IT - Software	0.66%	0.78%	+0.12%
21	InterGlobe Aviation Limited ₹363.14 Cr	Transport Services	1.00%	1.09%	+0.09%
22	The Phoenix Mills Limited ₹777.94 Cr	Realty	2.29%	2.34%	+0.05%
23	Blue Star Limited ₹189.47 Cr	Consumer Durables	0.53%	0.57%	+0.04%
24	Billionbrains Garage Ventures Ltd ₹242.33 Cr	Capital Markets	0.69%	0.73%	+0.04%
25	TVS Motor Company Limited ₹365.11 Cr	Automobiles	1.07%	1.10%	+0.03%
26	Craftsman Automation Limited ₹222.78 Cr	Auto Components	0.64%	0.67%	+0.03%
27	IPCA Laboratories Limited ₹772.17 Cr	Pharmaceuticals & Biotechnology	2.30%	2.32%	+0.02%
28	Premier Energies Limited ₹453.95 Cr	Electrical Equipment	1.34%	1.36%	+0.02%
29	Fortis Healthcare Limited ₹873.83 Cr	Healthcare Services	2.61%	2.62%	+0.01%
30	K.P.R. Mill Limited ₹318.79 Cr	Textiles & Apparels	0.95%	0.96%	+0.01%

#	Stock	Sector	Sep 2026	Oct 2026	Change
1	Apar Industries Limited ₹815.60 Cr	Electrical Equipment	2.84%	2.45%	-0.39%
2	Vishal Mega Mart Limited ₹261.30 Cr	Retailing	1.04%	0.78%	-0.26%
3	UNO Minda Limited ₹428.77 Cr	Auto Components	1.55%	1.29%	-0.26%
4	Dixon Technologies (India) Limited ₹440.83 Cr	Consumer Durables	1.57%	1.32%	-0.25%
5	Bharat Heavy Electricals Limited ₹566.05 Cr	Electrical Equipment	1.94%	1.70%	-0.24%
6	Meesho Ltd ₹188.18 Cr	Retailing	0.77%	0.56%	-0.21%
7	Indo-MIM Limited ₹344.72 Cr	Industrial Manufacturing	1.23%	1.03%	-0.20%
8	Bharat Forge Limited ₹563.45 Cr	Auto Components	1.88%	1.69%	-0.19%
9	Schaeffler India Limited ₹449.32 Cr	Auto Components	1.52%	1.35%	-0.17%
10	Cummins India Limited ₹510.94 Cr	Industrial Products	1.67%	1.53%	-0.14%
11	Indian Bank ₹79.63 Cr	Banks	0.38%	0.24%	-0.14%
12	One 97 Communications Limited ₹297.25 Cr	Financial Technology (Fintech)	1.01%	0.89%	-0.12%
13	PB Fintech Limited ₹443.94 Cr	Financial Technology (Fintech)	1.44%	1.33%	-0.11%
14	Hindustan Petroleum Corporation Limited ₹58.14 Cr	Petroleum Products	0.28%	0.17%	-0.11%
15	Radico Khaitan Limited ₹561.23 Cr	Beverages	1.79%	1.68%	-0.11%
16	GE Vernova T&D India Limited ₹772.46 Cr	Electrical Equipment	2.41%	2.32%	-0.09%
17	CG Power and Industrial Solutions Limited ₹259.36 Cr	Electrical Equipment	0.87%	0.78%	-0.09%
18	Solar Industries India Limited ₹593.86 Cr	Chemicals & Petrochemicals	1.86%	1.78%	-0.08%
19	Supreme Industries Limited ₹296.41 Cr	Industrial Products	0.97%	0.89%	-0.08%
20	Swiggy Limited ₹54.53 Cr	Retailing	0.23%	0.16%	-0.07%
21	Sundaram Finance Limited ₹197.99 Cr	Finance	0.65%	0.59%	-0.06%
22	Torrent Power Limited ₹371.50 Cr	Power	1.18%	1.12%	-0.06%
23	Mahindra & Mahindra Financial Services Limited ₹73.96 Cr	Finance	0.27%	0.22%	-0.05%
24	L&T Finance Limited ₹218.72 Cr	Finance	0.71%	0.66%	-0.05%
25	JK Cement Limited ₹348.87 Cr	Cement & Cement Products	1.10%	1.05%	-0.05%
26	Abbott India Limited ₹350.08 Cr	Pharmaceuticals & Biotechnology	1.10%	1.05%	-0.05%
27	3M India Limited ₹164.15 Cr	Diversified	0.54%	0.49%	-0.05%
28	AU Small Finance Bank Limited ₹395.20 Cr	Banks	1.23%	1.19%	-0.04%
29	PI Industries Limited ₹151.84 Cr	Fertilizers & Agrochemicals	0.50%	0.46%	-0.04%
30	Page Industries Limited ₹288.78 Cr	Textiles & Apparels	0.91%	0.87%	-0.04%
31	Trent Limited ₹112.17 Cr	Retailing	0.37%	0.34%	-0.03%
32	Coromandel International Limited ₹314.67 Cr	Fertilizers & Agrochemicals	0.97%	0.94%	-0.03%
33	Bajaj Finance Limited ₹444.34 Cr	Finance	1.35%	1.33%	-0.02%
34	IndusInd Bank Limited ₹90.33 Cr	Banks	0.29%	0.27%	-0.02%
35	Info Edge (India) Limited ₹367.22 Cr	Retailing	1.12%	1.10%	-0.02%
36	Torrent Pharmaceuticals Limited ₹231.72 Cr	Pharmaceuticals & Biotechnology	0.72%	0.70%	-0.02%
37	Amber Enterprises India Limited ₹66.45 Cr	Consumer Durables	0.22%	0.20%	-0.02%
38	Global Health Limited ₹80.22 Cr	Healthcare Services	0.26%	0.24%	-0.02%
39	Piramal Finance Ltd ₹44.04 Cr	Finance	0.15%	0.13%	-0.02%
40	Cholamandalam Investment and Finance Company Ltd ₹160.43 Cr	Finance	0.49%	0.48%	-0.01%
41	SRF Limited ₹339.54 Cr	Chemicals & Petrochemicals	1.03%	1.02%	-0.01%
42	Voltas Limited ₹136.28 Cr	Consumer Durables	0.42%	0.41%	-0.01%
43	RBL Bank Limited ₹32.63 Cr	Banks	0.11%	0.10%	-0.01%
44	Linde India Limited ₹2.63 Cr	Chemicals & Petrochemicals	0.02%	0.01%	-0.01%
45	LG Electronics India Ltd ₹149.53 Cr	Consumer Durables	0.46%	0.45%	-0.01%

What Stocks Does This Fund Hold?

85 stocks — Oct 2026

#	Stock	Sector	Weight & Value
1	The Federal Bank Limited ₹1,421.08 Cr	Banks	4.27%
2	Sona BLW Precision Forgings Limited ₹967.88 Cr	Auto Components	2.91%
3	The Indian Hotels Company Limited ₹888.65 Cr	Leisure Services	2.67%
4	Fortis Healthcare Limited ₹873.83 Cr	Healthcare Services	2.62%
5	Apar Industries Limited ₹815.60 Cr	Electrical Equipment	2.45%
6	Lenskart Solutions Limited ₹796.29 Cr	Retailing	2.39%
7	The Phoenix Mills Limited ₹777.94 Cr	Realty	2.34%
8	GE Vernova T&D India Limited ₹772.46 Cr	Electrical Equipment	2.32%
9	IPCA Laboratories Limited ₹772.17 Cr	Pharmaceuticals & Biotechnology	2.32%
10	Eternal Limited ₹742.53 Cr	Retailing	2.23%
11	Multi Commodity Exchange of India Limited ₹711.72 Cr	Capital Markets	2.14%
12	FSN E-Commerce Ventures Limited ₹678.17 Cr	Retailing	2.04%
13	Ather Energy Limited ₹654.34 Cr	Automobiles	1.96%
14	ICICI Bank Limited ₹608.19 Cr	Banks	1.83%
15	Coforge Limited ₹597.36 Cr	IT - Software	1.79%
16	Solar Industries India Limited ₹593.86 Cr	Chemicals & Petrochemicals	1.78%
17	Bharat Heavy Electricals Limited ₹566.05 Cr	Electrical Equipment	1.70%
18	Marico Limited ₹566.07 Cr	Agricultural Food & other Products	1.70%
19	Bharat Forge Limited ₹563.45 Cr	Auto Components	1.69%
20	Radico Khaitan Limited ₹561.23 Cr	Beverages	1.68%
21	Cummins India Limited ₹510.94 Cr	Industrial Products	1.53%
22	Alkem Laboratories Limited ₹456.14 Cr	Pharmaceuticals & Biotechnology	1.37%
23	Premier Energies Limited ₹453.95 Cr	Electrical Equipment	1.36%
24	Schaeffler India Limited ₹449.32 Cr	Auto Components	1.35%
25	PB Fintech Limited ₹443.94 Cr	Financial Technology (Fintech)	1.33%
26	Bajaj Finance Limited ₹444.34 Cr	Finance	1.33%
27	Dixon Technologies (India) Limited ₹440.83 Cr	Consumer Durables	1.32%
28	UNO Minda Limited ₹428.77 Cr	Auto Components	1.29%
29	AU Small Finance Bank Limited ₹395.20 Cr	Banks	1.19%
30	BSE Limited ₹391.57 Cr	Capital Markets	1.18%
31	Torrent Power Limited ₹371.50 Cr	Power	1.12%
32	TVS Motor Company Limited ₹365.11 Cr	Automobiles	1.10%
33	Info Edge (India) Limited ₹367.22 Cr	Retailing	1.10%
34	InterGlobe Aviation Limited ₹363.14 Cr	Transport Services	1.09%
35	Abbott India Limited ₹350.08 Cr	Pharmaceuticals & Biotechnology	1.05%
36	Bharti Hexacom Limited ₹348.80 Cr	Telecom - Services	1.05%
37	JK Cement Limited ₹348.87 Cr	Cement & Cement Products	1.05%
38	ICICI Lombard General Insurance Company Limited ₹346.22 Cr	Insurance	1.04%
39	Indo-MIM Limited ₹344.72 Cr	Industrial Manufacturing	1.03%
40	SRF Limited ₹339.54 Cr	Chemicals & Petrochemicals	1.02%
41	Dhoot Transmission Ltd ₹329.64 Cr	Automobile and Auto Components	0.99%
42	Gland Pharma Limited ₹323.05 Cr	Pharmaceuticals & Biotechnology	0.97%
43	K.P.R. Mill Limited ₹318.79 Cr	Textiles & Apparels	0.96%
44	Coromandel International Limited ₹314.67 Cr	Fertilizers & Agrochemicals	0.94%
45	Bosch Limited ₹297.13 Cr	Auto Components	0.89%
46	One 97 Communications Limited ₹297.25 Cr	Financial Technology (Fintech)	0.89%
47	Supreme Industries Limited ₹296.41 Cr	Industrial Products	0.89%
48	Page Industries Limited ₹288.78 Cr	Textiles & Apparels	0.87%
49	Anthem Biosciences Limited ₹268.08 Cr	Pharmaceuticals & Biotechnology	0.80%
50	Mphasis Limited ₹258.96 Cr	IT - Software	0.78%
51	CG Power and Industrial Solutions Limited ₹259.36 Cr	Electrical Equipment	0.78%
52	Vishal Mega Mart Limited ₹261.30 Cr	Retailing	0.78%
53	Billionbrains Garage Ventures Ltd ₹242.33 Cr	Capital Markets	0.73%
54	Torrent Pharmaceuticals Limited ₹231.72 Cr	Pharmaceuticals & Biotechnology	0.70%
55	Craftsman Automation Limited ₹222.78 Cr	Auto Components	0.67%
56	L&T Finance Limited ₹218.72 Cr	Finance	0.66%
57	Navin Fluorine International Limited ₹205.40 Cr	Chemicals & Petrochemicals	0.62%
58	Laurus Labs Limited ₹201.26 Cr	Pharmaceuticals & Biotechnology	0.60%
59	Sundaram Finance Limited ₹197.99 Cr	Finance	0.59%
60	Blue Star Limited ₹189.47 Cr	Consumer Durables	0.57%
61	Meesho Ltd ₹188.18 Cr	Retailing	0.56%
62	3M India Limited ₹164.15 Cr	Diversified	0.49%
63	Cholamandalam Investment and Finance Company Ltd ₹160.43 Cr	Finance	0.48%
64	Mankind Pharma Limited ₹161.19 Cr	Pharmaceuticals & Biotechnology	0.48%
65	Aster DM Healthcare Limited ₹155.57 Cr	Healthcare Services	0.47%
66	PI Industries Limited ₹151.84 Cr	Fertilizers & Agrochemicals	0.46%
67	LG Electronics India Ltd ₹149.53 Cr	Consumer Durables	0.45%
68	United Spirits Limited ₹148.67 Cr	Beverages	0.45%
69	Fine Organic Industries Limited ₹146.75 Cr	Chemicals & Petrochemicals	0.44%
70	TD Power Systems Limited ₹140.52 Cr	Electrical Equipment	0.42%
71	Voltas Limited ₹136.28 Cr	Consumer Durables	0.41%
72	Trent Limited ₹112.17 Cr	Retailing	0.34%
73	Astral Limited ₹105.45 Cr	Industrial Products	0.32%
74	IndusInd Bank Limited ₹90.33 Cr	Banks	0.27%
75	Piramal Pharma Limited ₹87.51 Cr	Pharmaceuticals & Biotechnology	0.26%
76	Global Health Limited ₹80.22 Cr	Healthcare Services	0.24%
77	Indian Bank ₹79.63 Cr	Banks	0.24%
78	Mahindra & Mahindra Financial Services Limited ₹73.96 Cr	Finance	0.22%
79	Amber Enterprises India Limited ₹66.45 Cr	Consumer Durables	0.20%
80	Aditya Infotech Limited ₹56.34 Cr	Industrial Manufacturing	0.17%
81	Hindustan Petroleum Corporation Limited ₹58.14 Cr	Petroleum Products	0.17%
82	Swiggy Limited ₹54.53 Cr	Retailing	0.16%
83	Piramal Finance Ltd ₹44.04 Cr	Finance	0.13%
84	RBL Bank Limited ₹32.63 Cr	Banks	0.10%
85	Linde India Limited ₹2.63 Cr	Chemicals & Petrochemicals	0.01%