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Axis Multicap Fund - Direct Growth

Multi Cap Data as of May 2026 Comparing Apr 2026 → May 2026
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Stocks Held
112
May 2026
Equity Holdings
₹9,524.03 Cr
Equity only, excl. debt & cash
Top 5 Weight
13.4%
Diversified
Top 10 Weight
22.3%
Diversified
Changes
122
8 new · 13 exits
Top Sector
Banks
16.8% of portfolio
📋 What Happened This Month Axis Multicap Fund made 8 new additions and exited 13 stocks this month. The biggest new buy was Triveni Turbine Limited (Electrical Equipment) at 0.58% weight. Kotak Mahindra Bank Limited was the biggest exit (Banks), which was held at 0.94%. Among existing holdings, Samvardhana Motherson International Limited saw the biggest increase — now at 1.19% of the portfolio. State Bank of India was trimmed the most, now at 1.46%. HDFC Bank Limited remains the top holding with Banks the dominant sector at 16.8%. ↓ 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 20.3% 19.2% -1.1%
Auto Components 6.9% 7.7% +0.9%
Electrical Equipment 5.8% 6.9% +1.1%
Pharmaceuticals & Biotechnology 7.5% 6.6% -0.9%
IT - Software 4.6% 5.3% +0.8%
Finance 4.5% 4.9% +0.5%
Capital Markets 3.3% 3.9% +0.6%
Automobiles 3.6% 3.7% +0.0%
Healthcare Services 3.5% 3.6% +0.2%
Retailing 3.3% 3.2% -0.1%
Apr 2026 May 2026
Sector Prev Curr Delta
Banks 19.2% 16.8% -2.4%
Auto Components 7.7% 9.3% +1.6%
Electrical Equipment 6.9% 8.0% +1.1%
Pharmaceuticals & Biotechnology 6.6% 5.8% -0.9%
Finance 4.9% 5.3% +0.4%
IT - Software 5.3% 4.6% -0.8%
Healthcare Services 3.6% 4.2% +0.6%
Automobiles 3.7% 4.2% +0.5%
Capital Markets 3.9% 3.8% 0.0%
Industrial Products 3.0% 3.7% +0.8%
🟢
Biggest New Buy
Triveni Turbine Limited
0.58% weight · Electrical Equipment
🔴
Biggest Exit
Kotak Mahindra Bank Limited
0.94% was held · Banks
Biggest Add
Samvardhana Motherson International Limited
+0.70% · now 1.19%
Biggest Trim
State Bank of India
-1.25% · now 1.46%
🤝 Other funds also bought this month
Billionbrains Garage Ventures Ltd 66 funds
Billionbrains Garage Ventures Ltd
Motilal Oswal Financial Services Fund- Direct Growth
Axis Nifty Capital Markets Index Fund
Canara Robeco Mid Cap Fund- Direct Plan- Growth Option + more
Marico Limited 26 funds
Marico Limited
DSP NIFTY FMCG ETF
Motilal Oswal BSE Low Volatility Index Fund
Motilal Oswal BSE Quality Index Fund + more
MTAR Technologies Limited 16 funds
MTAR Technologies Limited
HDFC Defence Fund - Growth Option - Direct Plan
Bajaj Finserv Flexi Cap Fund-Direct Plan-Growth
Motilal Oswal Active Momentum Fund- Direct-Growth + more
TD Power Systems Limited 15 funds
TD Power Systems Limited
BAJAJ FINSERV ELSS TAX SAVER FUND - DIRECT - GROWTH
BAJAJ FINSERV SMALL CAP FUND - DIRECT - GROWTH
Axis ESG Integration Strategy Fund - Direct Plan - Growth Option + more
Carborundum Universal Limited 12 funds
Carborundum Universal Limited
SBI Resurgent India Opportunities Scheme
Union Value Fund - Direct Plan - Growth Option
SBI Nifty Small Cap 250 ETF + more
Triveni Turbine Limited 10 funds
Triveni Turbine Limited
Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF
HSBC Midcap Fund - Direct Growth
Axis Large & Mid Cap Fund - Direct Plan - Growth + more
👋 Other funds also exited
Kotak Mahindra Bank Limited 26 funds
Kotak Mahindra Bank Limited
quant Multi Asset Allocation Fund-GROWTH OPTION-Direct Plan
quant Focused Fund - Growth Option-Direct Plan
quant Dynamic Asset Allocation Fund + more
Hindustan Unilever Limited 18 funds
Hindustan Unilever Limited
ICICI Prudential Value Fund (erstwhile Value Discovery Fund) - Direct Plan - Growth
360 ONE QUANT FUND DIRECT GROWTH
HSBC Consumption Fund - Direct Growth + more
Indian Bank 13 funds
Indian Bank
Union Active Momentum Fund - Direct Plan - Growth Option
CAPITALMIND FLEXI CAP FUND DIRECT GROWTH
Sundaram Multi-Factor Fund - Direct - Growth + more
Kaynes Technology India Limited 12 funds
Kaynes Technology India Limited
Kotak Manufacture in India Fund - Direct Plan Growth
Axis India Manufacturing Fund - Direct Plan - Growth
HSBC Flexi Cap Fund - Direct Growth + more
Ashok Leyland Limited 9 funds
Ashok Leyland Limited
SBI Quant Fund- Direct Plan- Growth
CAPITALMIND FLEXI CAP FUND DIRECT GROWTH
Union Active Momentum Fund - Direct Plan - Growth Option + more
JK Cement Limited 6 funds
JK Cement Limited
UNION RETIREMENT FUND
Edelweiss Business Cycle Fund - Direct Plan - Growth
Bandhan Nifty Midcap 150 Index Fund-Direct Plan-Growth + more

What Changed in the Portfolio This Month?

Comparing Apr 2026 → May 2026

Apr 2026 May 2026
🟢 8 New Entries 🔴 13 Exits ↑ 47 Increased ↓ 54 Decreased
#StockSectorWeight (May 2026)
1
Triveni Turbine Limited
₹57.43 Cr
Electrical Equipment 0.58%
2
MTAR Technologies Limited
₹56.73 Cr
Aerospace & Defense 0.57%
3
Marico Limited
₹50.47 Cr
Agricultural Food & other Products 0.51%
4
Billionbrains Garage Ventures Ltd
₹46.54 Cr
Capital Markets 0.47%
5
TD Power Systems Limited
₹44.52 Cr
Electrical Equipment 0.45%
6
Carborundum Universal Limited
₹36.02 Cr
Industrial Products 0.36%
7
Travel Food Services Limited
₹11.21 Cr
Leisure Services 0.11%
8
Avalon Technologies Limited
₹6.04 Cr
Electrical Equipment 0.06%
#StockSectorLast Weight (Apr 2026)
1
Kotak Mahindra Bank Limited
₹90.93 Cr
Banks 0.94%
2
Mankind Pharma Limited
₹77.67 Cr
Pharmaceuticals & Biotechnology 0.80%
3
Voltamp Transformers Limited
₹67.92 Cr
Electrical Equipment 0.70%
4
Kaynes Technology India Limited
₹64.46 Cr
Industrial Manufacturing 0.67%
5
V-Guard Industries Limited
₹45.47 Cr
Consumer Durables 0.47%
6
Lenskart Solutions Limited
₹37.99 Cr
Retailing 0.39%
7
Hindustan Unilever Limited
₹36.71 Cr
Diversified FMCG 0.38%
8
JK Cement Limited
₹33.63 Cr
Cement & Cement Products 0.35%
9
National Securities Depository Limited
₹19.89 Cr
Capital Markets 0.21%
10
Ashok Leyland Limited
₹16.45 Cr
Agricultural, Commercial & Construction Vehicles 0.17%
#StockSectorApr 2026May 2026Change
1
Samvardhana Motherson International Limited
₹118.05 Cr
Auto Components 0.49% 1.19% +0.70%
2
Ather Energy Limited
₹121.22 Cr
Automobiles 0.58% 1.22% +0.64%
3
Apollo Hospitals Enterprise Limited
₹98.49 Cr
Healthcare Services 0.48% 0.99% +0.51%
4
Bharat Heavy Electricals Limited
₹154.60 Cr
Electrical Equipment 1.13% 1.56% +0.43%
5
Axis Bank Limited
₹142.72 Cr
Banks 1.17% 1.44% +0.27%
6
Sansera Engineering Limited
₹154.13 Cr
Auto Components 1.29% 1.55% +0.26%
7
Minda Corporation Limited
₹179.28 Cr
Auto Components 1.55% 1.80% +0.25%
8
PB Fintech Limited
₹107.86 Cr
Financial Technology (Fintech) 0.84% 1.09% +0.25%
9
Cummins India Limited
₹75.95 Cr
Industrial Products 0.51% 0.76% +0.25%
10
Craftsman Automation Limited
₹158.06 Cr
Auto Components 1.35% 1.59% +0.24%
#StockSectorApr 2026May 2026Change
1
State Bank of India
₹144.64 Cr
Banks 2.71% 1.46% -1.25%
2
Infosys Limited
₹39.68 Cr
IT - Software 1.01% 0.40% -0.61%
3
Avenue Supermarts Limited
₹33.13 L
Retailing 0.61% 0.00% -0.61%
4
Multi Commodity Exchange of India Limited
₹159.94 Cr
Capital Markets 2.20% 1.61% -0.59%
5
Jyoti CNC Automation Ltd
₹19.46 Cr
Industrial Manufacturing 0.76% 0.20% -0.56%
6
HDFC Bank Limited
₹349.05 Cr
Banks 3.84% 3.51% -0.33%
7
Britannia Industries Limited
₹39.03 Cr
Food Products 0.59% 0.39% -0.20%
8
Reliance Industries Limited
₹172.45 Cr
Petroleum Products 1.93% 1.74% -0.19%
9
Vishal Mega Mart Limited
₹48.09 Cr
Retailing 0.63% 0.48% -0.15%
10
CG Power and Industrial Solutions Limited
₹55.93 Cr
Electrical Equipment 0.69% 0.56% -0.13%

What Stocks Does This Fund Hold?

112 stocks — May 2026

# Stock Sector Cap Weight & Value
1
₹349.05 Cr
Banks
3.51%
2
₹344.90 Cr
Banks
3.47%
3
₹245.00 Cr
Finance
2.47%
4
₹199.02 Cr
Construction
2.00%
5
₹197.10 Cr
Auto Components
1.98%
6
₹182.60 Cr
Healthcare Services
1.84%
7
₹179.28 Cr
Auto Components
1.80%
8
₹174.27 Cr
Telecom - Services
1.75%
9
₹173.20 Cr
Electrical Equipment
1.74%
10
₹173.14 Cr
Electrical Equipment
1.74%
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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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