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 Oct 2026 Comparing Sep 2026 → Oct 2026

Share: WhatsApp X

⌕

Stocks Held

Oct 2026

Equity Holdings

₹1,708.70 Cr

Equity only, excl. debt & cash

AAUM

₹1,797.51 Cr

Jul-Sep 2026 · Direct + Regular

Top 5 Weight

18.6%

Diversified

Top 10 Weight

29.4%

Diversified

Changes

3 new · 6 exits

Top Sector

Banks

21.3% of portfolio

Launch Date

02 Sep 2021

5 years old

AAUM (Average Assets Under Management) of ₹1,797.51 Cr for Jul-Sep 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 Value Fund made 3 new additions and exited 6 stocks this month. The biggest new buy was Divi's Laboratories Limited (Pharmaceuticals & Biotechnology) at 1.21% weight. PB Fintech Limited was the biggest exit (Financial Technology (Fintech)), which was held at 0.54%. Among existing holdings, ICICI Bank Limited saw the biggest increase — now at 5.95% of the portfolio. Welspun Corp Limited was trimmed the most, now at 1.69%. ICICI Bank Limited remains the top holding with Banks the dominant sector at 21.3%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.

How Has the NAV Performed?

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

+6.46%

+2.25%

+11.70%

+8.59%

Latest NAV

₹22.24

13 Nov 2026

52W High

₹22.29

-0% from High

52W Low

₹18.28

+22% 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

21.0%

+ve in 95% windows

61.0% / -4.5%

3Y Rolling Avg

22.9% p.a.

+ve in 100% windows

31.4% / 15.8%

5Y Rolling Avg

15.8% p.a.

+ve in 100% windows

16.0% / 15.6%

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. · CAGR, Sharpe Ratio & Standard Deviation — Mutual Fund Guide →

Sharpe Ratio (3Y)

0.78

Return per unit of risk. >1 is good.

Sortino Ratio (3Y)

1.07

Penalises downside volatility only.

Std Deviation (3Y)

14.2%

Lower = more consistent returns.

NAV Chart ₹22.24 13 Nov 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: ₹22.24

Sector Shift Industry allocation month-over-month

Aug 2026 → Sep 2026

Sector	Prev	Curr ▼	Delta
Banks	21.5%	21.4%	▼ -0.1%
Finance	7.7%	7.1%	▼ -0.6%
Electrical Equipment	7.2%	6.9%	▼ -0.4%
Auto Components	6.5%	6.6%	● +0.0%
Pharmaceuticals & Biotechnology	5.7%	5.6%	▼ -0.1%
Automobiles	6.1%	5.5%	▼ -0.6%
IT - Software	5.5%	4.7%	▼ -0.8%
Healthcare Services	4.5%	4.3%	▼ -0.2%
Petroleum Products	4.3%	4.1%	▼ -0.2%
Telecom - Services	3.2%	3.2%	● 0.0%

Sep 2026 → Oct 2026

Sector	Prev	Curr ▼	Delta
Banks	21.4%	21.3%	▼ -0.1%
Pharmaceuticals & Biotechnology	5.6%	7.3%	▲ +1.7%
Electrical Equipment	6.9%	6.3%	▼ -0.5%
Auto Components	6.6%	6.2%	▼ -0.3%
IT - Software	4.7%	6.2%	▲ +1.5%
Finance	7.1%	6.0%	▼ -1.1%
Automobiles	5.5%	6.0%	▲ +0.5%
Petroleum Products	4.1%	4.1%	● 0.0%
Healthcare Services	4.3%	3.5%	▼ -0.8%
Telecom - Services	3.2%	3.4%	▲ +0.2%

🟢

Biggest New Buy

Divi's Laboratories Limited

1.21% weight · Pharmaceuticals & Biotechnology

🔴

Biggest Exit

PB Fintech Limited

0.54% was held · Financial Technology (Fintech)

↑

Biggest Add

ICICI Bank Limited

+0.67% · now 5.95%

↓

Biggest Trim

Welspun Corp Limited

-0.84% · now 1.69%

🤝 Other funds also bought this month

Divi's Laboratories Limited 37 funds

Mphasis Limited 27 funds

Eicher Motors Limited 26 funds

👋 Other funds also exited

PB Fintech Limited 36 funds

CG Power and Industrial Solutions Limited 34 funds

Swiggy Limited 26 funds

Krishna Institute Of Medical Sciences Limited 15 funds

Cholamandalam Financial Holdings Limited 11 funds

MTAR Technologies Limited 11 funds

What Changed in the Portfolio This Month?

Comparing Sep 2026 → Oct 2026

Sep 2026 → Oct 2026

🟢 3 New Entries 🔴 6 Exits ↑ 24 Increased ↓ 53 Decreased

#	Stock	Sector	Weight (Oct 2026)
1	Divi's Laboratories Limited ₹22.70 Cr	Pharmaceuticals & Biotechnology	1.21%
2	Eicher Motors Limited ₹14.55 Cr	Automobiles	0.77%
3	Mphasis Limited ₹9.24 Cr	IT - Software	0.49%

#	Stock	Sector	Last Weight (Sep 2026)
1	PB Fintech Limited ₹9.86 Cr	Financial Technology (Fintech)	0.54%
2	Swiggy Limited ₹8.45 Cr	Retailing	0.46%
3	MTAR Technologies Limited ₹5.22 Cr	Aerospace & Defense	0.28%
4	CG Power and Industrial Solutions Limited ₹5.04 Cr	Electrical Equipment	0.27%
5	Krishna Institute Of Medical Sciences Limited ₹4.72 Cr	Healthcare Services	0.26%
6	Cholamandalam Financial Holdings Limited ₹4.50 Cr	Finance	0.25%

#	Stock	Sector	Sep 2026	Oct 2026	Change
1	ICICI Bank Limited ₹111.80 Cr	Banks	5.28%	5.95%	+0.67%
2	Tech Mahindra Limited ₹41.44 Cr	IT - Software	1.64%	2.21%	+0.57%
3	Ather Energy Limited ₹27.53 Cr	Automobiles	1.11%	1.47%	+0.36%
4	Infosys Limited ₹41.57 Cr	IT - Software	1.90%	2.21%	+0.31%
5	Eternal Limited ₹34.95 Cr	Retailing	1.58%	1.86%	+0.28%
6	Bharti Airtel Limited ₹49.70 Cr	Telecom - Services	2.41%	2.65%	+0.24%
7	Laurus Labs Limited ₹17.24 Cr	Pharmaceuticals & Biotechnology	0.68%	0.92%	+0.24%
8	Piramal Pharma Limited ₹10.82 Cr	Pharmaceuticals & Biotechnology	0.40%	0.58%	+0.18%
9	Karur Vysya Bank Limited ₹20.89 Cr	Banks	0.94%	1.11%	+0.17%
10	Sona BLW Precision Forgings Limited ₹45.10 Cr	Auto Components	2.29%	2.40%	+0.11%
11	Kotak Mahindra Bank Limited ₹24.21 Cr	Banks	1.19%	1.29%	+0.10%
12	Gland Pharma Limited ₹17.92 Cr	Pharmaceuticals & Biotechnology	0.85%	0.95%	+0.10%
13	Cholamandalam Investment and Finance Company Ltd ₹14.90 Cr	Finance	0.70%	0.79%	+0.09%
14	Marico Limited ₹14.29 Cr	Agricultural Food & other Products	0.67%	0.76%	+0.09%
15	Bharat Heavy Electricals Limited ₹39.20 Cr	Electrical Equipment	2.00%	2.09%	+0.09%
16	Global Health Limited ₹10.13 Cr	Healthcare Services	0.46%	0.54%	+0.08%
17	Coforge Limited ₹10.07 Cr	IT - Software	0.47%	0.54%	+0.07%
18	Reliance Industries Limited ₹61.61 Cr	Petroleum Products	3.22%	3.28%	+0.06%
19	HCL Technologies Limited ₹9.04 Cr	IT - Software	0.42%	0.48%	+0.06%
20	The Federal Bank Limited ₹16.28 Cr	Banks	0.83%	0.87%	+0.04%
21	Larsen & Toubro Limited ₹38.65 Cr	Construction	2.04%	2.06%	+0.02%
22	Sun Pharmaceutical Industries Limited ₹32.11 Cr	Pharmaceuticals & Biotechnology	1.69%	1.71%	+0.02%
23	Hindustan Aeronautics Limited ₹16.66 Cr	Aerospace & Defense	0.87%	0.89%	+0.02%
24	Indian Bank ₹3.63 Cr	Banks	0.18%	0.19%	+0.01%

#	Stock	Sector	Sep 2026	Oct 2026	Change
1	Welspun Corp Limited ₹31.76 Cr	Industrial Products	2.53%	1.69%	-0.84%
2	Shriram Finance Limited ₹32.56 Cr	Finance	2.43%	1.73%	-0.70%
3	Bajaj Auto Limited ₹5.42 Cr	Automobiles	0.73%	0.29%	-0.44%
4	Ujjivan Small Finance Bank Limited ₹4.45 Cr	Banks	0.56%	0.24%	-0.32%
5	Apollo Hospitals Enterprise Limited ₹19.66 Cr	Healthcare Services	1.35%	1.05%	-0.30%
6	Apar Industries Limited ₹22.63 Cr	Electrical Equipment	1.47%	1.21%	-0.26%
7	Amber Enterprises India Limited ₹9.01 Cr	Consumer Durables	0.73%	0.48%	-0.25%
8	RBL Bank Limited ₹25.44 Cr	Banks	1.59%	1.35%	-0.24%
9	Fortis Healthcare Limited ₹11.74 Cr	Healthcare Services	0.84%	0.63%	-0.21%
10	HDFC Bank Limited ₹81.55 Cr	Banks	4.54%	4.34%	-0.20%
11	Minda Corporation Limited ₹29.63 Cr	Auto Components	1.77%	1.58%	-0.19%
12	Radico Khaitan Limited ₹12.82 Cr	Beverages	0.85%	0.68%	-0.17%
13	Sansera Engineering Limited ₹11.44 Cr	Auto Components	0.78%	0.61%	-0.17%
14	IndusInd Bank Limited ₹9.82 Cr	Banks	0.68%	0.52%	-0.16%
15	Cyient DLM Ltd ₹11.09 Cr	Aerospace & Defense	0.74%	0.59%	-0.15%
16	Mahindra & Mahindra Limited ₹30.81 Cr	Automobiles	1.74%	1.64%	-0.10%
17	PNB Housing Finance Limited ₹24.57 Cr	Finance	1.41%	1.31%	-0.10%
18	Vedanta Aluminium Metal Limited ₹10.46 Cr	Metals & Minerals Trading	0.66%	0.56%	-0.10%
19	NTPC Limited ₹39.58 Cr	Power	2.20%	2.11%	-0.09%
20	Multi Commodity Exchange of India Limited ₹28.57 Cr	Capital Markets	1.61%	1.52%	-0.09%
21	Dixon Technologies (India) Limited ₹7.02 Cr	Consumer Durables	0.46%	0.37%	-0.09%
22	Bharat Electronics Limited ₹20.52 Cr	Aerospace & Defense	1.17%	1.09%	-0.08%
23	Hyundai Motor India Ltd ₹17.42 Cr	Automobiles	1.01%	0.93%	-0.08%
24	City Union Bank Limited ₹18.43 Cr	Banks	1.06%	0.98%	-0.08%
25	Healthcare Global Enterprises Limited ₹9.49 Cr	Healthcare Services	0.59%	0.51%	-0.08%
26	Bajaj Finance Limited ₹26.00 Cr	Finance	1.45%	1.38%	-0.07%
27	Bharat Petroleum Corporation Limited ₹14.69 Cr	Petroleum Products	0.85%	0.78%	-0.07%
28	Samvardhana Motherson International Limited ₹15.63 Cr	Auto Components	0.89%	0.83%	-0.06%
29	Jindal Steel Limited ₹12.61 Cr	Ferrous Metals	0.73%	0.67%	-0.06%
30	GE Vernova T&D India Limited ₹17.11 Cr	Electrical Equipment	0.97%	0.91%	-0.06%
31	Firstsource Solutions Limited ₹3.57 Cr	Commercial Services & Supplies	0.24%	0.19%	-0.05%
32	Birlasoft Limited ₹4.13 Cr	IT - Software	0.27%	0.22%	-0.05%
33	State Bank of India ₹40.40 Cr	Banks	2.19%	2.15%	-0.04%
34	Axis Bank Limited ₹26.96 Cr	Banks	1.48%	1.44%	-0.04%
35	Bajaj Finserv Limited ₹11.65 Cr	Finance	0.66%	0.62%	-0.04%
36	Varun Beverages Limited ₹6.36 Cr	Beverages	0.38%	0.34%	-0.04%
37	Tata Steel Limited ₹4.29 Cr	Ferrous Metals	0.26%	0.23%	-0.03%
38	Hindalco Industries Limited ₹5.16 Cr	Non - Ferrous Metals	0.30%	0.27%	-0.03%
39	Torrent Pharmaceuticals Limited ₹33.42 Cr	Pharmaceuticals & Biotechnology	1.81%	1.78%	-0.03%
40	United Spirits Limited ₹14.43 Cr	Beverages	0.80%	0.77%	-0.03%
41	Craftsman Automation Limited ₹15.42 Cr	Auto Components	0.85%	0.82%	-0.03%
42	UltraTech Cement Limited ₹16.76 Cr	Cement & Cement Products	0.91%	0.89%	-0.02%
43	SBI Life Insurance Company Limited ₹11.20 Cr	Insurance	0.62%	0.60%	-0.02%
44	Premier Energies Limited ₹20.25 Cr	Electrical Equipment	1.10%	1.08%	-0.02%
45	Karnataka Bank Ltd ₹16.22 Cr	Banks	0.88%	0.86%	-0.02%
46	Oil & Natural Gas Corporation Limited ₹6.58 Cr	Oil	0.36%	0.35%	-0.01%
47	InterGlobe Aviation Limited ₹7.62 Cr	Transport Services	0.42%	0.41%	-0.01%
48	TVS Motor Company Limited ₹16.23 Cr	Automobiles	0.87%	0.86%	-0.01%
49	HDFC Life Insurance Company Limited ₹12.29 Cr	Insurance	0.66%	0.65%	-0.01%
50	The Phoenix Mills Limited ₹9.85 Cr	Realty	0.53%	0.52%	-0.01%
51	Vijaya Diagnostic Centre Limited ₹14.78 Cr	Healthcare Services	0.80%	0.79%	-0.01%
52	India Shelter Finance Corporation Limited ₹3.37 Cr	Finance	0.19%	0.18%	-0.01%
53	TD Power Systems Limited ₹19.58 Cr	Electrical Equipment	1.05%	1.04%	-0.01%

What Stocks Does This Fund Hold?

83 stocks — Oct 2026

#	Stock	Sector	Weight & Value
1	ICICI Bank Limited ₹111.80 Cr	Banks	5.95%
2	HDFC Bank Limited ₹81.55 Cr	Banks	4.34%
3	Reliance Industries Limited ₹61.61 Cr	Petroleum Products	3.28%
4	Bharti Airtel Limited ₹49.70 Cr	Telecom - Services	2.65%
5	Sona BLW Precision Forgings Limited ₹45.10 Cr	Auto Components	2.40%
6	Tech Mahindra Limited ₹41.44 Cr	IT - Software	2.21%
7	Infosys Limited ₹41.57 Cr	IT - Software	2.21%
8	State Bank of India ₹40.40 Cr	Banks	2.15%
9	NTPC Limited ₹39.58 Cr	Power	2.11%
10	Bharat Heavy Electricals Limited ₹39.20 Cr	Electrical Equipment	2.09%
11	Larsen & Toubro Limited ₹38.65 Cr	Construction	2.06%
12	Eternal Limited ₹34.95 Cr	Retailing	1.86%
13	Torrent Pharmaceuticals Limited ₹33.42 Cr	Pharmaceuticals & Biotechnology	1.78%
14	Shriram Finance Limited ₹32.56 Cr	Finance	1.73%
15	Sun Pharmaceutical Industries Limited ₹32.11 Cr	Pharmaceuticals & Biotechnology	1.71%
16	Welspun Corp Limited ₹31.76 Cr	Industrial Products	1.69%
17	Mahindra & Mahindra Limited ₹30.81 Cr	Automobiles	1.64%
18	Minda Corporation Limited ₹29.63 Cr	Auto Components	1.58%
19	Multi Commodity Exchange of India Limited ₹28.57 Cr	Capital Markets	1.52%
20	Ather Energy Limited ₹27.53 Cr	Automobiles	1.47%
21	Axis Bank Limited ₹26.96 Cr	Banks	1.44%
22	Bajaj Finance Limited ₹26.00 Cr	Finance	1.38%
23	RBL Bank Limited ₹25.44 Cr	Banks	1.35%
24	PNB Housing Finance Limited ₹24.57 Cr	Finance	1.31%
25	Kotak Mahindra Bank Limited ₹24.21 Cr	Banks	1.29%
26	Divi's Laboratories Limited ₹22.70 Cr	Pharmaceuticals & Biotechnology	1.21%
27	Apar Industries Limited ₹22.63 Cr	Electrical Equipment	1.21%
28	Karur Vysya Bank Limited ₹20.89 Cr	Banks	1.11%
29	Bharat Electronics Limited ₹20.52 Cr	Aerospace & Defense	1.09%
30	Premier Energies Limited ₹20.25 Cr	Electrical Equipment	1.08%
31	Apollo Hospitals Enterprise Limited ₹19.66 Cr	Healthcare Services	1.05%
32	TD Power Systems Limited ₹19.58 Cr	Electrical Equipment	1.04%
33	City Union Bank Limited ₹18.43 Cr	Banks	0.98%
34	Gland Pharma Limited ₹17.92 Cr	Pharmaceuticals & Biotechnology	0.95%
35	Hyundai Motor India Ltd ₹17.42 Cr	Automobiles	0.93%
36	Laurus Labs Limited ₹17.24 Cr	Pharmaceuticals & Biotechnology	0.92%
37	GE Vernova T&D India Limited ₹17.11 Cr	Electrical Equipment	0.91%
38	Hindustan Aeronautics Limited ₹16.66 Cr	Aerospace & Defense	0.89%
39	UltraTech Cement Limited ₹16.76 Cr	Cement & Cement Products	0.89%
40	The Federal Bank Limited ₹16.28 Cr	Banks	0.87%
41	TVS Motor Company Limited ₹16.23 Cr	Automobiles	0.86%
42	Karnataka Bank Ltd ₹16.22 Cr	Banks	0.86%
43	Samvardhana Motherson International Limited ₹15.63 Cr	Auto Components	0.83%
44	Craftsman Automation Limited ₹15.42 Cr	Auto Components	0.82%
45	Vijaya Diagnostic Centre Limited ₹14.78 Cr	Healthcare Services	0.79%
46	Cholamandalam Investment and Finance Company Ltd ₹14.90 Cr	Finance	0.79%
47	Bharat Petroleum Corporation Limited ₹14.69 Cr	Petroleum Products	0.78%
48	United Spirits Limited ₹14.43 Cr	Beverages	0.77%
49	Eicher Motors Limited ₹14.55 Cr	Automobiles	0.77%
50	Marico Limited ₹14.29 Cr	Agricultural Food & other Products	0.76%
51	Indus Towers Limited ₹13.80 Cr	Telecom - Services	0.74%
52	Radico Khaitan Limited ₹12.82 Cr	Beverages	0.68%
53	Jindal Steel Limited ₹12.61 Cr	Ferrous Metals	0.67%
54	HDFC Life Insurance Company Limited ₹12.29 Cr	Insurance	0.65%
55	Fortis Healthcare Limited ₹11.74 Cr	Healthcare Services	0.63%
56	Bajaj Finserv Limited ₹11.65 Cr	Finance	0.62%
57	Sansera Engineering Limited ₹11.44 Cr	Auto Components	0.61%
58	SBI Life Insurance Company Limited ₹11.20 Cr	Insurance	0.60%
59	Cyient DLM Ltd ₹11.09 Cr	Aerospace & Defense	0.59%
60	Piramal Pharma Limited ₹10.82 Cr	Pharmaceuticals & Biotechnology	0.58%
61	Vedanta Aluminium Metal Limited ₹10.46 Cr	Metals & Minerals Trading	0.56%
62	Global Health Limited ₹10.13 Cr	Healthcare Services	0.54%
63	Coforge Limited ₹10.07 Cr	IT - Software	0.54%
64	IndusInd Bank Limited ₹9.82 Cr	Banks	0.52%
65	The Phoenix Mills Limited ₹9.85 Cr	Realty	0.52%
66	Healthcare Global Enterprises Limited ₹9.49 Cr	Healthcare Services	0.51%
67	Mphasis Limited ₹9.24 Cr	IT - Software	0.49%
68	HCL Technologies Limited ₹9.04 Cr	IT - Software	0.48%
69	Amber Enterprises India Limited ₹9.01 Cr	Consumer Durables	0.48%
70	InterGlobe Aviation Limited ₹7.62 Cr	Transport Services	0.41%
71	Dixon Technologies (India) Limited ₹7.02 Cr	Consumer Durables	0.37%
72	Oil & Natural Gas Corporation Limited ₹6.58 Cr	Oil	0.35%
73	Varun Beverages Limited ₹6.36 Cr	Beverages	0.34%
74	Bajaj Auto Limited ₹5.42 Cr	Automobiles	0.29%
75	Hindalco Industries Limited ₹5.16 Cr	Non - Ferrous Metals	0.27%
76	Ujjivan Small Finance Bank Limited ₹4.45 Cr	Banks	0.24%
77	Tata Steel Limited ₹4.29 Cr	Ferrous Metals	0.23%
78	Birlasoft Limited ₹4.13 Cr	IT - Software	0.22%
79	Firstsource Solutions Limited ₹3.57 Cr	Commercial Services & Supplies	0.19%
80	Indian Bank ₹3.63 Cr	Banks	0.19%
81	ITC Limited ₹3.49 Cr	Diversified FMCG	0.19%
82	India Shelter Finance Corporation Limited ₹3.37 Cr	Finance	0.18%
83	Cipla Limited ₹2.76 Cr	Pharmaceuticals & Biotechnology	0.15%