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Axis Midcap Fund - Direct Plan - Growth

Mid Cap Data as of Aug 2026 Comparing Jul 2026 → Aug 2026
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Stocks Held
88
Aug 2026
Equity Holdings
₹32,876.66 Cr
Equity only, excl. debt & cash
AAUM
₹32,283.61 Cr
Apr-Jun 2026 · Direct + Regular
Top 5 Weight
15.4%
Diversified
Top 10 Weight
26.4%
Diversified
Changes
91
12 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 ₹32,283.61 Cr for Apr-Jun 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 12 new additions and exited 6 stocks this month. The biggest new buy was One 97 Communications Limited (Financial Technology (Fintech)) at 1.17% weight. Jindal Steel Limited was the biggest exit (Ferrous Metals), which was held at 0.50%. Among existing holdings, PB Fintech Limited saw the biggest increase — now at 2.32% of the portfolio. Coromandel International Limited was trimmed the most, now at 1.09%. 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.
Sector Shift Industry allocation month-over-month
Jun 2026 Jul 2026
Sector Prev Curr Delta
Auto Components 9.5% 9.7% +0.1%
Electrical Equipment 10.4% 8.7% -1.7%
Banks 7.0% 8.5% +1.5%
Retailing 5.8% 7.7% +2.0%
Pharmaceuticals & Biotechnology 6.4% 6.4% 0.0%
Finance 4.2% 5.1% +0.9%
Industrial Products 4.3% 3.7% -0.6%
Healthcare Services 3.6% 3.4% -0.1%
Chemicals & Petrochemicals 3.8% 3.4% -0.5%
Consumer Durables 2.1% 3.1% +1.0%
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%
🟢
Biggest New Buy
One 97 Communications Limited
1.17% weight · Financial Technology (Fintech)
🔴
Biggest Exit
Jindal Steel Limited
0.50% was held · Ferrous Metals
Biggest Add
PB Fintech Limited
+0.67% · now 2.32%
Biggest Trim
Coromandel International Limited
-0.71% · now 1.09%
🤝 Other funds also bought this month
TD Power Systems Limited 89 funds
TD Power Systems Limited
Groww Small Cap Fund-Direct-Growth
Sundaram Business Cycle Fund Direct Plan Growth
Groww Multicap Fund - Direct - Growth + more
Dhoot Transmission Ltd 66 funds
Dhoot Transmission Ltd
SBI Automotive Opportunities Fund - Direct Plan - Growth
Invesco India Manufacturing Fund - Direct Plan - Growth
Invesco India Consumption Fund + more
One 97 Communications Limited 56 funds
One 97 Communications Limited
Mirae Asset BSE Select IPO ETF
Mirae Asset BSE Midcap 150 Momentum 30 ETF
JM Aggressive Hybrid Fund + more
Piramal Finance Ltd 41 funds
Piramal Finance Ltd
quant Quantamental Fund
Motilal Oswal Special Opportunities Fund - Direct - Growth
Motilal Oswal Multi Cap Fund-Direct Plan Growth + more
Meesho Ltd 30 funds
Meesho Ltd
Invesco India Midcap Fund - Direct Plan - Growth Option
WCMC-The Wealth Company Mid cap fund
UTI Focused Fund - Direct Plan - Growth Option + more
Aster DM Healthcare Limited 29 funds
Aster DM Healthcare Limited
HDFC Focused Fund - Growth Option - Direct Plan
SAMCO ELSS TAX SAVER FUND
Bandhan Nifty 500 Value 50 Index Fund + more
👋 Other funds also exited
Mahindra & Mahindra Limited 61 funds
Mahindra & Mahindra Limited
HDFC Nifty Growth Sectors 15 ETF
Kotak Nifty India Consumption ETF
Kotak Rural Opportunities Fund - Direct Plan - Growth + more
Lupin Limited 41 funds
Lupin Limited
Motilal Oswal Manufacturing Fund - Direct Plan- Growth
KOTAK NIFTY ALPHA LOW VOLATILITY 30 INDEX FUND
Mirae Asset Healthcare Fund Direct Growth + more
Persistent Systems Limited 34 funds
Persistent Systems Limited
Kotak Nifty IT ETF
Kotak Technology Fund - Direct Plan - Growth Option
KOTAK NIFTY 200 QUALITY 30 INDEX FUND - DIRECT PLAN - GROWTH + more
Jindal Steel Limited 28 funds
Jindal Steel Limited
Kotak Flexicap Fund - Growth - Direct
Kotak Nifty Commodities Index Fund-Direct Growth
Kotak Large & Midcap Fund - Direct- Growth + more
ITC Hotels Limited 10 funds
ITC Hotels Limited
Kotak Nifty India Tourism Index Fund-Direct-Growth Option
ITI ELSS Tax Saver Fund - Direct Plan - Growth Option
Mirae Asset Nifty India New Age Consumption ETF + more
Endurance Technologies Limited 9 funds
Endurance Technologies Limited
Edelweiss Business Cycle Fund - Direct Plan - Growth
Franklin India Large Cap Fund- Direct - Growth
THE WEALTH COMPANY BALANCED ADVANTAGE FUND + more

What Changed in the Portfolio This Month?

Comparing Jul 2026 → Aug 2026

Jul 2026 Aug 2026
🟢 12 New Entries 🔴 6 Exits ↑ 30 Increased ↓ 43 Decreased
#StockSectorWeight (Aug 2026)
1
One 97 Communications Limited
₹413.40 Cr
Financial Technology (Fintech) 1.17%
2
Dhoot Transmission Ltd
₹286.16 Cr
Automobile and Auto Components 0.81%
3
Meesho Ltd
₹281.25 Cr
Retailing 0.79%
4
Aster DM Healthcare Limited
₹172.67 Cr
Healthcare Services 0.49%
5
Global Health Limited
₹87.57 Cr
Healthcare Services 0.25%
6
Swiggy Limited
₹87.05 Cr
Retailing 0.25%
7
Amber Enterprises India Limited
₹82.42 Cr
Consumer Durables 0.23%
8
TD Power Systems Limited
₹82.21 Cr
Electrical Equipment 0.23%
9
Navin Fluorine International Limited
₹71.58 Cr
Chemicals & Petrochemicals 0.20%
10
Piramal Finance Ltd
₹51.11 Cr
Finance 0.14%
#StockSectorLast Weight (Jul 2026)
1
Jindal Steel Limited
₹171.13 Cr
Ferrous Metals 0.50%
2
ITC Hotels Limited
₹89.95 Cr
Leisure Services 0.26%
3
Endurance Technologies Limited
₹86.70 Cr
Auto Components 0.25%
4
Persistent Systems Limited
₹42.66 Cr
IT - Software 0.12%
5
Lupin Limited
₹12.45 Cr
Pharmaceuticals & Biotechnology 0.04%
6
Mahindra & Mahindra Limited
₹6.35 Cr
Automobiles 0.02%
#StockSectorJul 2026Aug 2026Change
1
PB Fintech Limited
₹823.13 Cr
Financial Technology (Fintech) 1.65% 2.32% +0.67%
2
InterGlobe Aviation Limited
₹300.03 Cr
Transport Services 0.22% 0.85% +0.63%
3
Apar Industries Limited
₹968.43 Cr
Electrical Equipment 2.18% 2.73% +0.55%
4
Indo-MIM Limited
₹290.20 Cr
Industrial Manufacturing 0.31% 0.82% +0.51%
5
Dixon Technologies (India) Limited
₹539.83 Cr
Consumer Durables 1.08% 1.52% +0.44%
6
Eternal Limited
₹708.93 Cr
Retailing 1.61% 2.00% +0.39%
7
Lenskart Solutions Limited
₹720.29 Cr
Retailing 1.68% 2.03% +0.35%
8
Bosch Limited
₹210.73 Cr
Auto Components 0.25% 0.59% +0.34%
9
Ather Energy Limited
₹457.92 Cr
Automobiles 0.98% 1.29% +0.31%
10
Coforge Limited
₹505.23 Cr
IT - Software 1.13% 1.43% +0.30%
#StockSectorJul 2026Aug 2026Change
1
Coromandel International Limited
₹384.74 Cr
Fertilizers & Agrochemicals 1.80% 1.09% -0.71%
2
Hindustan Petroleum Corporation Limited
₹135.33 Cr
Petroleum Products 0.84% 0.38% -0.46%
3
Prestige Estates Projects Limited
₹0.15 L
Realty 0.42% 0.00% -0.42%
4
Blue Star Limited
₹170.37 Cr
Consumer Durables 0.88% 0.48% -0.40%
5
BSE Limited
₹325.75 Cr
Capital Markets 1.27% 0.92% -0.35%
6
Abbott India Limited
₹353.07 Cr
Pharmaceuticals & Biotechnology 1.32% 1.00% -0.32%
7
Tube Investments of India Limited
₹160.43 Cr
Auto Components 0.72% 0.45% -0.27%
8
PI Industries Limited
₹171.36 Cr
Fertilizers & Agrochemicals 0.74% 0.48% -0.26%
9
Fortis Healthcare Limited
₹1,135.66 Cr
Healthcare Services 3.44% 3.21% -0.23%
10
Voltas Limited
₹187.57 Cr
Consumer Durables 0.75% 0.53% -0.22%

What Stocks Does This Fund Hold?

88 stocks — Aug 2026

# Stock Sector Cap Weight & Value
1
₹1,560.22 Cr
Banks
4.40%
2
₹1,135.66 Cr
Healthcare Services
3.21%
3
₹968.43 Cr
Electrical Equipment
2.73%
4
₹960.12 Cr
Auto Components
2.71%
5
₹832.76 Cr
Electrical Equipment
2.35%
6
₹823.13 Cr
Financial Technology (Fintech)
2.32%
7
₹807.91 Cr
Leisure Services
2.28%
8
₹791.03 Cr
Pharmaceuticals & Biotechnology
2.23%
9
₹755.20 Cr
Realty
2.13%
10
₹720.29 Cr
Retailing
2.03%
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🏦 Axis Mutual Fund — Portfolio & Holdings
See all funds managed by Axis Mutual Fund — conviction stocks, monthly entries & exits

Disclaimer: Data sourced from individual AMC monthly portfolio disclosures, as mandated by SEBI/AMFI. While we strive for accuracy, errors in parsing or presentation may occasionally occur. This is not investment advice. Please consult a SEBI-registered investment adviser before making any investment decisions.

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