← Axis Mutual Fund

Axis Nifty Bank Index Fund - Direct Plan - Growth Option

Index/ETF Data as of Aug 2026 Comparing Jul 2026 → Aug 2026
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Stocks Held
14
Aug 2026
Equity Holdings
₹184.03 Cr
Equity only, excl. debt & cash
AAUM
₹158.10 Cr
Apr-Jun 2026 · Direct + Regular
Top 5 Weight
61.2%
High concentration
Top 10 Weight
86.7%
High concentration
Changes
14
0 new · 0 exits
Top Sector
Banks
99.9% of portfolio
Launch Date
03 May 2024
2 years old

AAUM (Average Assets Under Management) of ₹158.10 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 Among existing holdings, Kotak Mahindra Bank Limited saw the biggest increase — now at 9.87% of the portfolio. HDFC Bank Limited was trimmed the most, now at 17.01%. HDFC Bank Limited remains the top holding with Banks the dominant sector at 99.9%. ↓ 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
Banks 99.6% 99.7% +0.1%
Jul 2026 Aug 2026
Sector Prev Curr Delta
Banks 99.7% 99.9% +0.2%
Biggest Add
Kotak Mahindra Bank Limited
+0.58% · now 9.87%
Biggest Trim
HDFC Bank Limited
-1.14% · now 17.01%

What Changed in the Portfolio This Month?

Comparing Jul 2026 → Aug 2026

Jul 2026 Aug 2026
↑ 9 Increased ↓ 5 Decreased
#StockSectorJul 2026Aug 2026Change
1
Kotak Mahindra Bank Limited
₹18.18 Cr
Banks 9.29% 9.87% +0.58%
2
Axis Bank Limited
₹16.92 Cr
Banks 8.79% 9.19% +0.40%
3
Union Bank of India
₹5.83 Cr
Banks 2.91% 3.17% +0.26%
4
State Bank of India
₹18.90 Cr
Banks 10.06% 10.26% +0.20%
5
AU Small Finance Bank Limited
₹8.87 Cr
Banks 4.70% 4.82% +0.12%
6
ICICI Bank Limited
₹27.34 Cr
Banks 14.82% 14.84% +0.02%
7
IDFC First Bank Limited
₹8.61 Cr
Banks 4.65% 4.67% +0.02%
8
Punjab National Bank
₹6.21 Cr
Banks 3.36% 3.37% +0.01%
9
Canara Bank
₹6.12 Cr
Banks 3.31% 3.32% +0.01%
#StockSectorJul 2026Aug 2026Change
1
HDFC Bank Limited
₹31.33 Cr
Banks 18.15% 17.01% -1.14%
2
The Federal Bank Limited
₹13.16 Cr
Banks 7.27% 7.14% -0.13%
3
Bank of Baroda
₹6.40 Cr
Banks 3.57% 3.47% -0.10%
4
IndusInd Bank Limited
₹10.02 Cr
Banks 5.48% 5.44% -0.04%
5
Yes Bank Limited
₹6.13 Cr
Banks 3.36% 3.33% -0.03%

What Stocks Does This Fund Hold?

14 stocks — Aug 2026

# Stock Sector Cap Weight & Value
1
₹31.33 Cr
Banks
17.01%
2
₹27.34 Cr
Banks
14.84%
3
₹18.90 Cr
Banks
10.26%
4
₹18.18 Cr
Banks
9.87%
5
₹16.92 Cr
Banks
9.19%
6
₹13.16 Cr
Banks
7.14%
7
₹10.02 Cr
Banks
5.44%
8
₹8.87 Cr
Banks
4.82%
9
₹8.61 Cr
Banks
4.67%
10
₹6.40 Cr
Banks
3.47%
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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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