What stocks does Axis Value Fund hold?

Axis Value 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 Value Fund?

Axis Value Fund is managed by Axis Mutual Fund, a SEBI-registered Asset Management Company in India.

What category is Axis Value Fund?

Axis Value Fund is classified as a Value/Contra mutual fund under SEBI's mutual fund categorisation framework.

How often is Axis Value Fund portfolio data updated?

Portfolio holdings for Axis Value 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 Value Fund - Direct Plan - Growth

Value/Contra Data as of Apr 2026 Comparing Mar 2026 → Apr 2026

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Stocks Held

Apr 2026

Equity Holdings

₹1,434.45 Cr

Equity only, excl. debt & cash

Top 5 Weight

20.9%

Diversified

Top 10 Weight

33.4%

Diversified

Changes

8 new · 6 exits

Top Sector

Banks

22.9% of portfolio

📋 What Happened This Month Axis Value Fund made 8 new additions and exited 6 stocks this month. The biggest new buy was Amber Enterprises India Limited (Consumer Durables) at 0.69% weight. Vishal Mega Mart Limited was the biggest exit (Retailing), which was held at 0.50%. Among existing holdings, Bharat Heavy Electricals Limited saw the biggest increase — now at 1.81% of the portfolio. HDFC Bank Limited was trimmed the most, now at 4.62%. ICICI Bank Limited remains the top holding with Banks the dominant sector at 22.9%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.

NAV Performance

1 year history · Axis Value Fund - Direct Plan - Growth

-2.01%

+0.50%

-2.15%

+4.28%

Latest NAV

₹19.98

04 Jun 2026

52W High

₹20.79

-4% from High

52W Low

₹16.77

+19% from Low

Calendar Year Returns

Jan 1 to Dec 31 each year. Simple point-to-point — not CAGR.

2025

+6.4%

2024

+29.7%

2023

+42.1%

2022

+0.5%

Rolling Returns

Performance across every possible investment start date.

1Y Rolling Avg

22.5%

+ve in 95% windows

61.0% / -4.5%

3Y Rolling Avg

23.8% p.a.

+ve in 100% windows

31.4% / 18.2%

Crisis Period Behaviour

"Pre-inception" = fund didn't exist during that period.

2024–25 Tariff

-17.1%

Rec: Oct 2025 (11 mo)

COVID-19 Crash

Pre-inception

Rec: N/A

2022 Rate Hike

-19.7%

Rec: Nov 2022 (8 mo)

2018 IL&FS

Pre-inception

Rec: N/A

Risk Ratios

3 years daily NAV · Risk-free rate 6.5% p.a. What do these mean? →

Sharpe Ratio (3Y)

1.10

Return per unit of risk. >1 is good.

Sortino Ratio (3Y)

1.52

Penalises downside volatility only.

Std Deviation (3Y)

13.9%

Lower = more consistent returns.

NAV Chart ₹19.98 04 Jun 2026

Simple Moving Avg: Click to draw · click again to remove

Axis Value Fund - Direct Plan - Growth

Chart shows indexed performance (base = 100). Actual NAV: ₹19.98

Sector Shift Industry allocation month-over-month

Feb 2026 → Mar 2026

Sector	Prev	Curr ▼	Delta
Banks	24.7%	24.1%	▼ -0.5%
IT - Software	5.6%	6.6%	▲ +1.0%
Finance	7.0%	6.2%	▼ -0.7%
Pharmaceuticals & Biotechnology	5.4%	5.8%	▲ +0.4%
Petroleum Products	5.4%	5.7%	▲ +0.2%
Electrical Equipment	5.2%	5.2%	● +0.0%
Auto Components	5.2%	4.5%	▼ -0.7%
Automobiles	5.2%	4.4%	▼ -0.8%
Telecom - Services	3.6%	3.8%	▲ +0.3%
Healthcare Services	4.0%	3.8%	▼ -0.3%

Mar 2026 → Apr 2026

Sector	Prev	Curr ▼	Delta
Banks	24.1%	22.9%	▼ -1.2%
Finance	6.2%	6.6%	▲ +0.4%
Electrical Equipment	5.2%	6.4%	▲ +1.2%
IT - Software	6.6%	5.8%	▼ -0.8%
Petroleum Products	5.7%	5.3%	▼ -0.3%
Pharmaceuticals & Biotechnology	5.8%	5.0%	▼ -0.8%
Auto Components	4.5%	4.9%	▲ +0.4%
Automobiles	4.4%	4.1%	▼ -0.3%
Telecom - Services	3.8%	3.8%	● 0.0%
Healthcare Services	3.8%	3.7%	● 0.0%

🟢

Biggest New Buy

Amber Enterprises India Limited

0.69% weight · Consumer Durables

🔴

Biggest Exit

Vishal Mega Mart Limited

0.50% was held · Retailing

↑

Biggest Add

Bharat Heavy Electricals Limited

+0.83% · now 1.81%

↓

Biggest Trim

HDFC Bank Limited

-1.00% · now 4.62%

🤝 Other funds also bought this month

Talwandi Sabo Power Limited 183 funds

Vedanta Aluminium Metal Limited 183 funds

Vedanta Iron And Steel Limited 183 funds

Malco Energy Limited 176 funds

Radico Khaitan Limited 30 funds

Blue Star Limited 27 funds

👋 Other funds also exited

LG Electronics India Ltd 22 funds

Wipro Limited 19 funds

K.P.R. Mill Limited 15 funds

Gabriel India Limited 9 funds

Vishal Mega Mart Limited 7 funds

Tata Capital Limited 4 funds

What Changed?

Comparing Mar 2026 → Apr 2026

Mar 2026 → Apr 2026

🟢 8 New Entries 🔴 6 Exits ↑ 37 Increased ↓ 39 Decreased

#	Stock	Sector	Weight (Apr 2026)
1	Amber Enterprises India Limited ₹10.58 Cr	Consumer Durables	0.69%
2	Radico Khaitan Limited ₹9.14 Cr	Beverages	0.60%
3	Blue Star Limited ₹6.62 Cr	Consumer Durables	0.43%
4	Malco Energy Limited ₹2.70 Cr	Power	0.18%
5	Talwandi Sabo Power Limited ₹2.70 Cr	Power	0.18%
6	Vedanta Aluminium Metal Limited ₹2.70 Cr	Metals & Minerals Trading	0.18%
7	Vedanta Iron And Steel Limited ₹2.70 Cr	Metals & Minerals Trading	0.18%
8	Triveni Turbine Limited ₹2.09 Cr	Electrical Equipment	0.14%

#	Stock	Sector	Last Weight (Mar 2026)
1	Vishal Mega Mart Limited ₹6.72 Cr	Retailing	0.50%
2	LG Electronics India Ltd ₹6.62 Cr	Consumer Durables	0.50%
3	Tata Capital Limited ₹6.44 Cr	Finance	0.48%
4	Gabriel India Limited ₹4.81 Cr	Auto Components	0.36%
5	K.P.R. Mill Limited ₹2.91 Cr	Textiles & Apparels	0.22%
6	Wipro Limited ₹1.57 Cr	IT - Software	0.12%

#	Stock	Sector	Mar 2026	Apr 2026	Change
1	Bharat Heavy Electricals Limited ₹27.62 Cr	Electrical Equipment	0.98%	1.81%	+0.83%
2	Varun Beverages Limited ₹24.56 Cr	Beverages	0.82%	1.61%	+0.79%
3	Welspun Corp Limited ₹19.21 Cr	Industrial Products	0.51%	1.26%	+0.75%
4	PNB Housing Finance Limited ₹22.70 Cr	Finance	0.86%	1.49%	+0.63%
5	Sona BLW Precision Forgings Limited ₹28.17 Cr	Auto Components	1.29%	1.85%	+0.56%
6	Kaynes Technology India Limited ₹14.24 Cr	Industrial Manufacturing	0.39%	0.93%	+0.54%
7	Larsen & Toubro Limited ₹38.51 Cr	Construction	2.15%	2.53%	+0.38%
8	NTPC Limited ₹49.95 Cr	Power	2.95%	3.28%	+0.33%
9	Apar Industries Limited ₹21.57 Cr	Electrical Equipment	1.10%	1.42%	+0.32%
10	Multi Commodity Exchange of India Limited ₹25.14 Cr	Capital Markets	1.37%	1.65%	+0.28%
11	City Union Bank Limited ₹16.67 Cr	Banks	0.86%	1.09%	+0.23%
12	Vijaya Diagnostic Centre Limited ₹10.82 Cr	Healthcare Services	0.49%	0.71%	+0.22%
13	Bajaj Finance Limited ₹6.55 Cr	Finance	0.23%	0.43%	+0.20%
14	The Phoenix Mills Limited ₹12.11 Cr	Realty	0.63%	0.79%	+0.16%
15	Samvardhana Motherson International Limited ₹7.35 Cr	Auto Components	0.33%	0.48%	+0.15%
16	State Bank of India ₹51.63 Cr	Banks	3.25%	3.39%	+0.14%
17	IndusInd Bank Limited ₹16.14 Cr	Banks	0.94%	1.06%	+0.12%
18	Bharat Electronics Limited ₹24.26 Cr	Aerospace & Defense	1.48%	1.59%	+0.11%
19	Tata Consultancy Services Limited ₹12.93 Cr	IT - Software	0.74%	0.85%	+0.11%
20	Cholamandalam Investment and Finance Company Ltd ₹8.78 Cr	Finance	0.47%	0.58%	+0.11%
21	Hindalco Industries Limited ₹7.64 Cr	Non - Ferrous Metals	0.39%	0.50%	+0.11%
22	Bharti Airtel Limited ₹44.35 Cr	Telecom - Services	2.82%	2.91%	+0.09%
23	Bharat Petroleum Corporation Limited ₹15.49 Cr	Petroleum Products	0.93%	1.02%	+0.09%
24	Bandhan Bank Limited ₹14.82 Cr	Banks	0.88%	0.97%	+0.09%
25	Craftsman Automation Limited ₹10.14 Cr	Auto Components	0.59%	0.67%	+0.08%
26	GE Vernova T&D India Limited ₹17.82 Cr	Electrical Equipment	1.10%	1.17%	+0.07%
27	Karur Vysya Bank Limited ₹14.69 Cr	Banks	0.91%	0.96%	+0.05%
28	Coforge Limited ₹6.70 Cr	IT - Software	0.39%	0.44%	+0.05%
29	Tata Motors Ltd ₹5.51 Cr	Agricultural, Commercial & Construction Vehicles	0.31%	0.36%	+0.05%
30	Hindustan Aeronautics Limited ₹7.45 Cr	Aerospace & Defense	0.45%	0.49%	+0.04%
31	Shriram Finance Limited ₹39.46 Cr	Finance	2.56%	2.59%	+0.03%
32	Fortis Healthcare Limited ₹19.23 Cr	Healthcare Services	1.24%	1.26%	+0.02%
33	RBL Bank Limited ₹17.69 Cr	Banks	1.14%	1.16%	+0.02%
34	The Federal Bank Limited ₹16.31 Cr	Banks	1.05%	1.07%	+0.02%
35	Brigade Enterprises Limited ₹4.50 Cr	Realty	0.28%	0.30%	+0.02%
36	Sansera Engineering Limited ₹8.75 Cr	Auto Components	0.56%	0.57%	+0.01%
37	Prestige Estates Projects Limited ₹2.95 Cr	Realty	0.18%	0.19%	+0.01%

#	Stock	Sector	Mar 2026	Apr 2026	Change
1	HDFC Bank Limited ₹70.38 Cr	Banks	5.62%	4.62%	-1.00%
2	Vedanta Limited ₹6.07 Cr	Diversified Metals	1.35%	0.40%	-0.95%
3	Infosys Limited ₹37.72 Cr	IT - Software	3.22%	2.48%	-0.74%
4	ICICI Bank Limited ₹80.88 Cr	Banks	5.78%	5.31%	-0.47%
5	Reliance Industries Limited ₹65.49 Cr	Petroleum Products	4.73%	4.30%	-0.43%
6	Jyoti CNC Automation Ltd ₹2.82 Cr	Industrial Manufacturing	0.54%	0.19%	-0.35%
7	Lupin Limited ₹7.93 Cr	Pharmaceuticals & Biotechnology	0.81%	0.52%	-0.29%
8	Indian Bank ₹3.58 Cr	Banks	0.50%	0.23%	-0.27%
9	PG Electroplast Limited ₹4.90 Cr	Consumer Durables	0.54%	0.32%	-0.22%
10	Sun Pharmaceutical Industries Limited ₹27.76 Cr	Pharmaceuticals & Biotechnology	2.02%	1.82%	-0.20%
11	HDFC Life Insurance Company Limited ₹13.74 Cr	Insurance	1.04%	0.90%	-0.14%
12	CG Power and Industrial Solutions Limited ₹7.88 Cr	Electrical Equipment	0.66%	0.52%	-0.14%
13	Krishna Institute Of Medical Sciences Limited ₹5.78 Cr	Healthcare Services	0.51%	0.38%	-0.13%
14	Tech Mahindra Limited ₹26.09 Cr	IT - Software	1.83%	1.71%	-0.12%
15	Torrent Pharmaceuticals Limited ₹12.14 Cr	Pharmaceuticals & Biotechnology	0.92%	0.80%	-0.12%
16	Maruti Suzuki India Limited ₹2.50 Cr	Automobiles	0.28%	0.16%	-0.12%
17	Apollo Hospitals Enterprise Limited ₹14.99 Cr	Healthcare Services	1.09%	0.98%	-0.11%
18	JB Chemicals & Pharmaceuticals Limited ₹11.82 Cr	Pharmaceuticals & Biotechnology	0.89%	0.78%	-0.11%
19	Indus Towers Limited ₹13.92 Cr	Telecom - Services	1.01%	0.91%	-0.10%
20	SBI Life Insurance Company Limited ₹12.28 Cr	Insurance	0.90%	0.81%	-0.09%
21	Hyundai Motor India Ltd ₹11.88 Cr	Automobiles	0.87%	0.78%	-0.09%
22	Mahindra & Mahindra Limited ₹30.50 Cr	Automobiles	2.08%	2.00%	-0.08%
23	Astral Limited ₹6.94 Cr	Industrial Products	0.54%	0.46%	-0.08%
24	Supreme Industries Limited ₹6.66 Cr	Industrial Products	0.52%	0.44%	-0.08%
25	Kotak Mahindra Bank Limited ₹20.11 Cr	Banks	1.39%	1.32%	-0.07%
26	UltraTech Cement Limited ₹17.58 Cr	Cement & Cement Products	1.22%	1.15%	-0.07%
27	Axis Bank Limited ₹16.97 Cr	Banks	1.16%	1.11%	-0.05%
28	Oil & Natural Gas Corporation Limited ₹8.74 Cr	Oil	0.62%	0.57%	-0.05%
29	Jindal Steel Limited ₹14.53 Cr	Ferrous Metals	0.99%	0.95%	-0.04%
30	Bajaj Finserv Limited ₹10.65 Cr	Finance	0.74%	0.70%	-0.04%
31	India Shelter Finance Corporation Limited ₹7.97 Cr	Finance	0.56%	0.52%	-0.04%
32	Laurus Labs Limited ₹14.19 Cr	Pharmaceuticals & Biotechnology	0.96%	0.93%	-0.03%
33	TVS Motor Company Limited ₹11.25 Cr	Automobiles	0.76%	0.74%	-0.02%
34	ITC Limited ₹7.71 Cr	Diversified FMCG	0.53%	0.51%	-0.02%
35	Healthcare Global Enterprises Limited ₹6.27 Cr	Healthcare Services	0.43%	0.41%	-0.02%
36	Firstsource Solutions Limited ₹3.61 Cr	Commercial Services & Supplies	0.26%	0.24%	-0.02%
37	Tata Steel Limited ₹5.62 Cr	Ferrous Metals	0.38%	0.37%	-0.01%
38	Birlasoft Limited ₹4.76 Cr	IT - Software	0.32%	0.31%	-0.01%
39	Cipla Limited ₹2.62 Cr	Pharmaceuticals & Biotechnology	0.18%	0.17%	-0.01%

Full Portfolio

91 stocks — Apr 2026

#	Stock	Sector	Weight & Value
1	ICICI Bank Limited ₹80.88 Cr	Banks	5.31%
2	HDFC Bank Limited ₹70.38 Cr	Banks	4.62%
3	Reliance Industries Limited ₹65.49 Cr	Petroleum Products	4.30%
4	State Bank of India ₹51.63 Cr	Banks	3.39%
5	NTPC Limited ₹49.95 Cr	Power	3.28%
6	Bharti Airtel Limited ₹44.35 Cr	Telecom - Services	2.91%
7	Shriram Finance Limited ₹39.46 Cr	Finance	2.59%
8	Larsen & Toubro Limited ₹38.51 Cr	Construction	2.53%
9	Infosys Limited ₹37.72 Cr	IT - Software	2.48%
10	Mahindra & Mahindra Limited ₹30.50 Cr	Automobiles	2.00%
11	Sona BLW Precision Forgings Limited ₹28.17 Cr	Auto Components	1.85%
12	Sun Pharmaceutical Industries Limited ₹27.76 Cr	Pharmaceuticals & Biotechnology	1.82%
13	Bharat Heavy Electricals Limited ₹27.62 Cr	Electrical Equipment	1.81%
14	Tech Mahindra Limited ₹26.09 Cr	IT - Software	1.71%
15	Multi Commodity Exchange of India Limited ₹25.14 Cr	Capital Markets	1.65%
16	Varun Beverages Limited ₹24.56 Cr	Beverages	1.61%
17	Bharat Electronics Limited ₹24.26 Cr	Aerospace & Defense	1.59%
18	PNB Housing Finance Limited ₹22.70 Cr	Finance	1.49%
19	Apar Industries Limited ₹21.57 Cr	Electrical Equipment	1.42%
20	Minda Corporation Limited ₹20.85 Cr	Auto Components	1.37%
21	Premier Energies Limited ₹20.43 Cr	Electrical Equipment	1.34%
22	Kotak Mahindra Bank Limited ₹20.11 Cr	Banks	1.32%
23	Welspun Corp Limited ₹19.21 Cr	Industrial Products	1.26%
24	Fortis Healthcare Limited ₹19.23 Cr	Healthcare Services	1.26%
25	GE Vernova T&D India Limited ₹17.82 Cr	Electrical Equipment	1.17%
26	RBL Bank Limited ₹17.69 Cr	Banks	1.16%
27	UltraTech Cement Limited ₹17.58 Cr	Cement & Cement Products	1.15%
28	Axis Bank Limited ₹16.97 Cr	Banks	1.11%
29	City Union Bank Limited ₹16.67 Cr	Banks	1.09%
30	The Federal Bank Limited ₹16.31 Cr	Banks	1.07%
31	IndusInd Bank Limited ₹16.14 Cr	Banks	1.06%
32	Bharat Petroleum Corporation Limited ₹15.49 Cr	Petroleum Products	1.02%
33	Apollo Hospitals Enterprise Limited ₹14.99 Cr	Healthcare Services	0.98%
34	Bandhan Bank Limited ₹14.82 Cr	Banks	0.97%
35	Karur Vysya Bank Limited ₹14.69 Cr	Banks	0.96%
36	Jindal Steel Limited ₹14.53 Cr	Ferrous Metals	0.95%
37	Kaynes Technology India Limited ₹14.24 Cr	Industrial Manufacturing	0.93%
38	Laurus Labs Limited ₹14.19 Cr	Pharmaceuticals & Biotechnology	0.93%
39	Indus Towers Limited ₹13.92 Cr	Telecom - Services	0.91%
40	HDFC Life Insurance Company Limited ₹13.74 Cr	Insurance	0.90%
41	Tata Consultancy Services Limited ₹12.93 Cr	IT - Software	0.85%
42	SBI Life Insurance Company Limited ₹12.28 Cr	Insurance	0.81%
43	Torrent Pharmaceuticals Limited ₹12.14 Cr	Pharmaceuticals & Biotechnology	0.80%
44	The Phoenix Mills Limited ₹12.11 Cr	Realty	0.79%
45	JB Chemicals & Pharmaceuticals Limited ₹11.82 Cr	Pharmaceuticals & Biotechnology	0.78%
46	Hyundai Motor India Ltd ₹11.88 Cr	Automobiles	0.78%
47	TVS Motor Company Limited ₹11.25 Cr	Automobiles	0.74%
48	Vijaya Diagnostic Centre Limited ₹10.82 Cr	Healthcare Services	0.71%
49	Bajaj Finserv Limited ₹10.65 Cr	Finance	0.70%
50	Amber Enterprises India Limited ₹10.58 Cr	Consumer Durables	0.69%
51	Craftsman Automation Limited ₹10.14 Cr	Auto Components	0.67%
52	Ujjivan Small Finance Bank Limited ₹9.70 Cr	Banks	0.64%
53	Radico Khaitan Limited ₹9.14 Cr	Beverages	0.60%
54	Cholamandalam Investment and Finance Company Ltd ₹8.78 Cr	Finance	0.58%
55	Sansera Engineering Limited ₹8.75 Cr	Auto Components	0.57%
56	Oil & Natural Gas Corporation Limited ₹8.74 Cr	Oil	0.57%
57	CG Power and Industrial Solutions Limited ₹7.88 Cr	Electrical Equipment	0.52%
58	Lupin Limited ₹7.93 Cr	Pharmaceuticals & Biotechnology	0.52%
59	India Shelter Finance Corporation Limited ₹7.97 Cr	Finance	0.52%
60	ITC Limited ₹7.71 Cr	Diversified FMCG	0.51%
61	Hindalco Industries Limited ₹7.64 Cr	Non - Ferrous Metals	0.50%
62	Hindustan Aeronautics Limited ₹7.45 Cr	Aerospace & Defense	0.49%
63	Samvardhana Motherson International Limited ₹7.35 Cr	Auto Components	0.48%
64	Astral Limited ₹6.94 Cr	Industrial Products	0.46%
65	Coforge Limited ₹6.70 Cr	IT - Software	0.44%
66	Supreme Industries Limited ₹6.66 Cr	Industrial Products	0.44%
67	Blue Star Limited ₹6.62 Cr	Consumer Durables	0.43%
68	Bajaj Finance Limited ₹6.55 Cr	Finance	0.43%
69	Healthcare Global Enterprises Limited ₹6.27 Cr	Healthcare Services	0.41%
70	Bajaj Auto Limited ₹6.22 Cr	Automobiles	0.41%
71	Vedanta Limited ₹6.07 Cr	Diversified Metals	0.40%
72	Krishna Institute Of Medical Sciences Limited ₹5.78 Cr	Healthcare Services	0.38%
73	Tata Steel Limited ₹5.62 Cr	Ferrous Metals	0.37%
74	Tata Motors Ltd ₹5.51 Cr	Agricultural, Commercial & Construction Vehicles	0.36%
75	Cholamandalam Financial Holdings Limited ₹5.05 Cr	Finance	0.33%
76	PG Electroplast Limited ₹4.90 Cr	Consumer Durables	0.32%
77	Birlasoft Limited ₹4.76 Cr	IT - Software	0.31%
78	Brigade Enterprises Limited ₹4.50 Cr	Realty	0.30%
79	Firstsource Solutions Limited ₹3.61 Cr	Commercial Services & Supplies	0.24%
80	Indian Bank ₹3.58 Cr	Banks	0.23%
81	Prestige Estates Projects Limited ₹2.95 Cr	Realty	0.19%
82	Jyoti CNC Automation Ltd ₹2.82 Cr	Industrial Manufacturing	0.19%
83	Malco Energy Limited ₹2.70 Cr	Power	0.18%
84	Talwandi Sabo Power Limited ₹2.70 Cr	Power	0.18%
85	Vedanta Aluminium Metal Limited ₹2.70 Cr	Metals & Minerals Trading	0.18%
86	Vedanta Iron And Steel Limited ₹2.70 Cr	Metals & Minerals Trading	0.18%
87	Cipla Limited ₹2.62 Cr	Pharmaceuticals & Biotechnology	0.17%
88	Maruti Suzuki India Limited ₹2.50 Cr	Automobiles	0.16%
89	Mrs. Bectors Food Specialities Limited ₹2.22 Cr	Food Products	0.15%
90	Triveni Turbine Limited ₹2.09 Cr	Electrical Equipment	0.14%
91	Dixon Technologies (India) Limited ₹1.11 Cr	Consumer Durables	0.07%