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Axis Momentum Fund - Direct Plan - Growth Option

Equity Data as of May 2026 Comparing Apr 2026 → May 2026
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Stocks Held
43
May 2026
Equity Holdings
₹729.31 Cr
Equity only, excl. debt & cash
Top 5 Weight
19.6%
Diversified
Top 10 Weight
32.6%
Diversified
Changes
70
7 new · 31 exits
Top Sector
Banks
7.5% of portfolio
📋 What Happened This Month Axis Momentum Fund made 7 new additions and exited 31 stocks this month. The biggest new buy was UltraTech Cement Limited (Cement & Cement Products) at 2.35% weight. Tech Mahindra Limited was the biggest exit (IT - Software), which was held at 2.14%. Among existing holdings, Tata Steel Limited saw the biggest increase — now at 2.52% of the portfolio. HDFC Bank Limited was trimmed the most, now at 1.53%. Bharat Electronics Limited remains the top holding with Banks the dominant sector at 7.5%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.
Sector Shift Industry allocation month-over-month
Mar 2026 Apr 2026
Sector Prev Curr Delta
Banks 14.6% 13.7% -0.9%
IT - Software 1.1% 10.2% +9.1%
Aerospace & Defense 4.7% 9.2% +4.5%
Petroleum Products 3.7% 5.5% +1.8%
Automobiles 11.0% 5.0% -6.0%
Insurance 1.5% 4.7% +3.2%
Consumable Fuels 0.0% 4.7% +4.7%
Non - Ferrous Metals 7.9% 4.6% -3.4%
Finance 8.3% 2.8% -5.5%
Ferrous Metals 0.6% 2.6% +2.0%
Apr 2026 May 2026
Sector Prev Curr Delta
Banks 13.7% 7.5% -6.2%
Petroleum Products 5.5% 6.4% +0.9%
Insurance 4.7% 6.0% +1.3%
Automobiles 5.0% 5.7% +0.7%
Aerospace & Defense 9.2% 5.7% -3.5%
Finance 2.8% 5.0% +2.2%
Consumable Fuels 4.7% 4.6% 0.0%
Capital Markets 0.3% 4.2% +3.9%
Ferrous Metals 2.6% 3.5% +0.9%
Cement & Cement Products 2.3% 3.3% +1.0%
🟢
Biggest New Buy
UltraTech Cement Limited
2.35% weight · Cement & Cement Products
🔴
Biggest Exit
Tech Mahindra Limited
2.14% was held · IT - Software
Biggest Add
Tata Steel Limited
+2.31% · now 2.52%
Biggest Trim
HDFC Bank Limited
-6.27% · now 1.53%
🤝 Other funds also bought this month
BSE Limited 33 funds
BSE Limited
Axis Nifty Capital Markets Index Fund
Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF
ICICI Prudential Nifty 200 Momentum 30 Index Fund - Direct Plan - Growth + more
Eternal Limited 28 funds
Eternal Limited
Aditya Birla Sun Life Digital India Fund - Growth - Direct Plan
Tata Digital India Fund-Direct Plan-Growth
BAJAJ FINSERV ELSS TAX SAVER FUND - DIRECT - GROWTH + more
UltraTech Cement Limited 24 funds
UltraTech Cement Limited
Bandhan Nifty100 Low Volatility 30 Index Fund
Mirae Asset Nifty 100 Low Volatility 30 ETF
Motilal Oswal BSE Low Volatility Index Fund + more
Grasim Industries Limited 23 funds
Grasim Industries Limited
SBI Nifty 200 Value 30 ETF
ICICI Prudential Nifty200 Value 30 Index Fund - Direct Plan - Growth
Bandhan Multi-Factor Fund - Direct Plan - Growth + more
Mahindra & Mahindra Limited 21 funds
Mahindra & Mahindra Limited
ICICI Prudential Nifty Auto Index Fund - Direct Plan - Growth
ICICI Prudential Nifty Top 15 Equal Weight Index Fund - Direct Plan - Growth
Mirae Asset Nifty India Manufacturing ETF + more
Jio Financial Services Limited 11 funds
Jio Financial Services Limited
Bajaj Finserv Banking and Financial Services Fund - Direct - Growth
Bajaj Finserv Nifty 50 Index Fund - Direct - Growth
HDFC Nifty 50 Index Fund + more
👋 Other funds also exited
Vedanta Limited 24 funds
Vedanta Limited
Bandhan Nifty 500 Value 50 Index Fund
Baroda BNP Paribas Manufacturing Fund - Direct Plan - Growth Option
Old Bridge Flexi Cap Fund + more
Canara Bank 23 funds
Canara Bank
Baroda BNP Paribas Banking and Financial Services Fund - Direct - Growth Option
Samco Large Cap Fund
BARODA BNP PARIBAS Focused Fund - Direct Plan - Growth Option + more
Tata Consultancy Services Limited 21 funds
Tata Consultancy Services Limited
ICICI Prudential Value Fund (erstwhile Value Discovery Fund) - Direct Plan - Growth
Bajaj Finserv Flexi Cap Fund-Direct Plan-Growth
LIC MF Balanced Advantage Fund-Direct Plan-Growth + more
TVS Motor Company Limited 21 funds
TVS Motor Company Limited
Bandhan Nifty 500 Momentum 50 Index Fund Direct Plan-Growth
ICICI Prudential Active Momentum Fund - Direct Plan - Growth
Invesco India Multicap Fund - Direct Plan - Growth Option + more
Hero MotoCorp Limited 17 funds
Hero MotoCorp Limited
Bandhan Nifty 500 Momentum 50 Index Fund Direct Plan-Growth
Samco Special Opportunities Fund
CAPITALMIND FLEXI CAP FUND DIRECT GROWTH + more
Shriram Finance Limited 16 funds
Shriram Finance Limited
Bandhan Nifty 500 Momentum 50 Index Fund Direct Plan-Growth
Motilal Oswal Active Momentum Fund- Direct-Growth
Union Active Momentum Fund - Direct Plan - Growth Option + more

What Changed in the Portfolio This Month?

Comparing Apr 2026 → May 2026

Apr 2026 May 2026
🟢 7 New Entries 🔴 31 Exits ↑ 19 Increased ↓ 13 Decreased
#StockSectorWeight (May 2026)
1
UltraTech Cement Limited
₹22.91 Cr
Cement & Cement Products 2.35%
2
BSE Limited
₹20.73 Cr
Capital Markets 2.13%
3
Mahindra & Mahindra Limited
₹18.27 Cr
Automobiles 1.88%
4
Jio Financial Services Limited
₹16.16 Cr
Finance 1.66%
5
Eternal Limited
₹14.89 Cr
Retailing 1.53%
6
Sobha Limited
₹8.98 Cr
Realty 0.92%
7
Grasim Industries Limited
₹5.50 Cr
Cement & Cement Products 0.56%
#StockSectorLast Weight (Apr 2026)
1
Tech Mahindra Limited
₹21.77 Cr
IT - Software 2.14%
2
Tata Consultancy Services Limited
₹20.69 Cr
IT - Software 2.03%
3
Wipro Limited
₹20.20 Cr
IT - Software 1.98%
4
Trent Limited
₹19.39 Cr
Retailing 1.90%
5
TVS Motor Company Limited
₹8.66 Cr
Automobiles 0.85%
6
Hindustan Petroleum Corporation Limited
₹5.88 Cr
Petroleum Products 0.58%
7
Eicher Motors Limited
₹2.64 Cr
Automobiles 0.26%
8
RBL Bank Limited
₹2.64 Cr
Banks 0.26%
9
Aditya Birla Capital Limited
₹2.36 Cr
Finance 0.23%
10
FSN E-Commerce Ventures Limited
₹2.27 Cr
Retailing 0.22%
#StockSectorApr 2026May 2026Change
1
Tata Steel Limited
₹24.54 Cr
Ferrous Metals 0.21% 2.52% +2.31%
2
Multi Commodity Exchange of India Limited
₹19.94 Cr
Capital Markets 0.32% 2.05% +1.73%
3
Tata Consumer Products Limited
₹29.17 Cr
Agricultural Food & other Products 1.27% 2.99% +1.72%
4
Bharat Petroleum Corporation Limited
₹15.43 Cr
Petroleum Products 0.13% 1.58% +1.45%
5
ICICI Bank Limited
₹21.90 Cr
Banks 1.07% 2.25% +1.18%
6
ICICI Lombard General Insurance Company Limited
₹22.47 Cr
Insurance 1.19% 2.31% +1.12%
7
Bajaj Finserv Limited
₹32.88 Cr
Finance 2.27% 3.37% +1.10%
8
Maruti Suzuki India Limited
₹25.45 Cr
Automobiles 1.74% 2.61% +0.87%
9
Max Healthcare Institute Limited
₹18.95 Cr
Healthcare Services 1.21% 1.94% +0.73%
10
GMR Airports Limited
₹9.03 Cr
Transport Infrastructure 0.21% 0.93% +0.72%
#StockSectorApr 2026May 2026Change
1
HDFC Bank Limited
₹14.89 Cr
Banks 7.80% 1.53% -6.27%
2
Bharat Electronics Limited
₹55.45 Cr
Aerospace & Defense 9.22% 5.69% -3.53%
3
Hindalco Industries Limited
₹19.15 Cr
Non - Ferrous Metals 4.35% 1.97% -2.38%
4
Ambuja Cements Limited
₹3.58 Cr
Cement & Cement Products 2.31% 0.37% -1.94%
5
HCL Technologies Limited
₹2.84 Cr
IT - Software 1.96% 0.29% -1.67%
6
Dr. Reddy's Laboratories Limited
₹4.17 Cr
Pharmaceuticals & Biotechnology 1.97% 0.43% -1.54%
7
JSW Steel Limited
₹9.84 Cr
Ferrous Metals 2.39% 1.01% -1.38%
8
Infosys Limited
₹5.92 Cr
IT - Software 1.99% 0.61% -1.38%
9
Siemens Limited
₹9.61 Cr
Electrical Equipment 2.35% 0.99% -1.36%
10
Bank of Baroda
₹9.40 Cr
Banks 2.23% 0.96% -1.27%

What Stocks Does This Fund Hold?

43 stocks — May 2026

# Stock Sector Cap Weight & Value
1
₹55.45 Cr
Aerospace & Defense
5.69%
2
₹45.18 Cr
Consumable Fuels
4.64%
3
₹32.88 Cr
Finance
3.37%
4
₹29.17 Cr
Agricultural Food & other Products
2.99%
5
₹28.77 Cr
Power
2.95%
6
₹27.27 Cr
Banks
2.80%
7
₹25.45 Cr
Automobiles
2.61%
8
₹24.86 Cr
Oil
2.55%
9
₹24.54 Cr
Ferrous Metals
2.52%
10
₹23.85 Cr
Insurance
2.45%
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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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