Axis Multicap Fund

Axis Mutual FundEquityPortfolio as of 30 June 2026

Axis Multicap Fund holds 110 instruments (95.31% equity), led by HDFC Bank Limited (4.3%), ICICI Bank Limited (3.87%) and Shriram Finance Limited (2.58%), as of its 30 June 2026 SEBI-mandated monthly disclosure.

Holdings

110

Equity Allocation

95.31%

AMC

Axis Mutual Fund

Portfolio Analysis

Axis Multicap Fund's top 10 holdings account for 23.96% of its portfolio, more diversified than the Equity category average of 37.5%. Financial Services is its largest sector exposure at 28.89% of net assets, spread across 12 sectors in total. Since its 31 May 2026 disclosure, the fund added 1 new position and exited 8 positions, with HDFC Bank Limited seeing the largest move (+0.79pp to 4.3%).

Top 10 Equity Holdings

HDFC Bank Limited · 4.3%ICICI Bank Limited · 3.87%Shriram Finance Limited · 2.58%ETERNAL LIMITED · 1.96%Larsen & Toubro Limited · 1.93%Sona BLW Precision Forgings Limited · 1.92%Minda Corporation Limited · 1.91%Apar Industries Limited · 1.87%Axis Bank Limited · 1.82%Fortis Healthcare Limited · 1.8%

What Changed: May 2026 → June 2026

Equity holdings compared between the fund's two latest monthly disclosures. Weights are % to NAV; weight moves can also reflect price changes, not only buying or selling.

1 new entry8 exits10 increased10 reduced

New Entries

FSN E-Commerce Ventures Limited · 0.45%

Complete Exits

Hindalco Industries Limited · was 0.99%Tata Consultancy Services Limited · was 0.8%Gland Pharma Limited · was 0.5%UNO Minda Limited · was 0.28%Maruti Suzuki India Limited · was 0.2%Jyoti CNC Automation Limited · was 0.2%Dixon Technologies (India) Limited · was 0.07%Avenue Supermarts Limited · was 0%

Biggest Weight Increases

Stock	Weight	Change
HDFC Bank Limited	3.51% → 4.3%	▲ +0.79
ETERNAL LIMITED	1.38% → 1.96%	▲ +0.58
Radico Khaitan Limited	0.55% → 1.02%	▲ +0.47
ICICI Bank Limited	3.47% → 3.87%	▲ +0.4
Axis Bank Limited	1.44% → 1.82%	▲ +0.38
InterGlobe Aviation Limited	0.93% → 1.18%	▲ +0.25
Cholamandalam Investment and Finance Company Limited	0.76% → 0.97%	▲ +0.21
Travel Food Services Limited	0.11% → 0.3%	▲ +0.19
Torrent Pharmaceuticals Limited	0.47% → 0.64%	▲ +0.17
Ather Energy Limited	1.22% → 1.37%	▲ +0.15

Biggest Weight Reductions

Stock	Weight	Change
Persistent Systems Limited	0.35% → 0.07%	▼ -0.28
Solar Industries India Limited	1.35% → 1.12%	▼ -0.23
Indus Towers Limited	1.03% → 0.87%	▼ -0.16
NTPC Limited	1.33% → 1.17%	▼ -0.16
GE Vernova T&D India Limited	1.74% → 1.59%	▼ -0.15
Multi Commodity Exchange of India Limited	1.61% → 1.47%	▼ -0.14
Reliance Industries Limited	1.74% → 1.61%	▼ -0.13
Tech Mahindra Limited	0.49% → 0.37%	▼ -0.12
MphasiS Limited	0.55% → 0.45%	▼ -0.1
Varun Beverages Limited	1.19% → 1.09%	▼ -0.1

Top Holdings — Weight Trend

% to NAV of the fund's current top holdings over its last 6 monthly disclosures (Jan – Jun 2026).

HDFC Bank Limited

4.3%

ICICI Bank Limited

3.87%

Shriram Finance Limited

2.58%

ETERNAL LIMITED

1.96%

Larsen & Toubro Limited

1.93%

Full Portfolio (110 holdings)

#	Holding	Sector	% to NAV
1	Clearing Corporation of India Ltdother	—	4.45%
2	HDFC Bank Limited	Financial Services	4.3%
3	ICICI Bank Limited	Financial Services	3.87%
4	Shriram Finance Limited	Financial Services	2.58%
5	ETERNAL LIMITED	Consumer Discretionary	1.96%
6	Larsen & Toubro Limited	Industrials	1.93%
7	Sona BLW Precision Forgings Limited	Consumer Discretionary	1.92%
8	Minda Corporation Limited	Consumer Discretionary	1.91%
9	Apar Industries Limited	Industrials	1.87%
10	Axis Bank Limited	Financial Services	1.82%
11	Fortis Healthcare Limited	Healthcare	1.8%
12	Bharti Airtel Limited	Telecommunication	1.69%
13	Sansera Engineering Limited	Consumer Discretionary	1.65%
14	Reliance Industries Limited	Energy	1.61%
15	Welspun Corp Limited	Industrials	1.6%
16	RBL Bank Limited	Financial Services	1.59%
17	GE Vernova T&D India Limited	Industrials	1.59%
18	Craftsman Automation Limited	Consumer Discretionary	1.58%
19	State Bank of India	Financial Services	1.47%
20	Bharat Heavy Electricals Limited	Industrials	1.47%
21	Multi Commodity Exchange of India Limited	Financial Services	1.47%
22	Mahindra & Mahindra Limited	Consumer Discretionary	1.42%
23	Ather Energy Limited	Consumer Discretionary	1.37%
24	BSE Limited	Financial Services	1.33%
25	Samvardhana Motherson International Limited	Consumer Discretionary	1.25%
26	IndusInd Bank Limited	Financial Services	1.22%
27	Premier Energies Limited	Industrials	1.19%
28	InterGlobe Aviation Limited	Services	1.18%
29	NTPC Limited	Utilities	1.17%
30	Bajaj Finance Limited	Financial Services	1.13%
31	Karur Vysya Bank Limited	Financial Services	1.12%
32	Solar Industries India Limited	Materials	1.12%
33	Varun Beverages Limited	Consumer Staples	1.09%
34	PB Fintech Limited	Financial Services	1.08%
35	Sun Pharmaceutical Industries Limited	Healthcare	1.05%
36	The Federal Bank Limited	Financial Services	1.03%
37	PNB Housing Finance Limited	Financial Services	1.03%
38	Radico Khaitan Limited	Consumer Staples	1.02%
39	Bharat Electronics Limited	Industrials	1.02%
40	Apollo Hospitals Enterprise Limited	Healthcare	1%
41	Cholamandalam Investment and Finance Company Limited	Financial Services	0.97%
42	Amber Enterprises India Limited	Consumer Discretionary	0.87%
43	Indus Towers Limited	Telecommunication	0.87%
44	City Union Bank Limited	Financial Services	0.86%
45	Sai Life Sciences Limited	Healthcare	0.84%
46	Divi's Laboratories Limited	Healthcare	0.82%
47	Laurus Labs Limited	Healthcare	0.81%
48	UltraTech Cement Limited	Materials	0.8%
49	Delhivery Limited	Services	0.75%
50	JB Chemicals & Pharmaceuticals Limited	Healthcare	0.74%
51	Titan Company Limited	Consumer Discretionary	0.72%
52	Cummins India Limited	Industrials	0.7%
53	Coforge Limited	Information Technology	0.69%
54	TVS Motor Company Limited	Consumer Discretionary	0.66%
55	The Phoenix Mills Limited	Real Estate	0.65%
56	Mtar Technologies Limited	Industrials	0.64%
57	Torrent Pharmaceuticals Limited	Healthcare	0.64%
58	Blue Star Limited	Consumer Discretionary	0.63%
59	Berger Paints (I) Limited	Consumer Discretionary	0.63%
60	Hyundai Motor India Limited	Consumer Discretionary	0.62%
61	Rategain Travel Technologies Limited	Information Technology	0.61%
62	NIFTY Futureother	—	0.6%
63	Marico Limited	Consumer Staples	0.59%
64	TD Power Systems Limited	Industrials	0.58%
65	Ujjivan Small Finance Bank Limited	Financial Services	0.58%
66	DOMS Industries Limited	Consumer Staples	0.57%
67	CG Power and Industrial Solutions Limited	Industrials	0.56%
68	Vijaya Diagnostic Centre Limited	Healthcare	0.55%
69	Supreme Industries Limited	Industrials	0.54%
70	CCL Products (India) Limited	Consumer Staples	0.53%
71	Pidilite Industries Limited	Materials	0.52%
72	Triveni Turbine Limited	Industrials	0.51%
73	Bandhan Bank Limited	Financial Services	0.51%
74	Billionbrains Garage Ventures Limited	Financial Services	0.49%
75	Glenmark Pharmaceuticals Limited	Healthcare	0.46%
76	JINDAL STEEL LIMITED	Materials	0.46%
77	Schaeffler India Limited	Consumer Discretionary	0.46%
78	WeWork India Management Limited	Industrials	0.46%
79	Krishna Institute of Medical Sciences Limited	Healthcare	0.45%
80	FSN E-Commerce Ventures Limited	Consumer Discretionary	0.45%
81	MphasiS Limited	Information Technology	0.45%
82	Tenneco Clean Air India Limited	Consumer Discretionary	0.45%
83	Firstsource Solutions Limited	Industrials	0.45%
84	Vishal Mega Mart Limited	Consumer Discretionary	0.45%
85	Kfin Technologies Limited	Financial Services	0.44%
86	K.P.R. Mill Limited	Consumer Discretionary	0.43%
87	KEI Industries Limited	Industrials	0.42%
88	Carborundum Universal Limited	Industrials	0.39%
89	Capillary Technologies India Limited	Information Technology	0.38%
90	Rainbow Childrens Medicare Limited	Healthcare	0.38%
91	SAGILITY LIMITED	Information Technology	0.38%
92	Tech Mahindra Limited	Information Technology	0.37%
93	Britannia Industries Limited	Consumer Staples	0.37%
94	Coromandel International Limited	Materials	0.35%
95	ITC Hotels Limited	Consumer Discretionary	0.35%
96	Infosys Limited	Information Technology	0.33%
97	91 Days Treasury Billstbill	—	0.33%
98	BIRLASOFT LIMITED	Information Technology	0.3%
99	Travel Food Services Limited	Consumer Discretionary	0.3%
100	Awfis Space Solutions Limited	Industrials	0.29%
101	Jubilant Foodworks Limited	Consumer Discretionary	0.28%
102	Galaxy Surfactants Limited	Materials	0.27%
103	Arvind Fashions Limited	Consumer Discretionary	0.27%
104	eClerx Services Limited	Industrials	0.27%
105	Brigade Enterprises Limited	Real Estate	0.25%
106	Sapphire Foods India Limited	Consumer Discretionary	0.23%
107	Avalon Technologies Limited	Industrials	0.1%
108	Persistent Systems Limited	Information Technology	0.07%
109	TVS Motor Company Ltd 6.00% (Cumulative Non-Convertible Redeemable Preference Share)bond	—	0.01%
110	Net Receivables / (Payables)other	—	-0.69%

Frequently Asked Questions

Yes. As of its 30 June 2026 disclosure, HDFC Bank Limited is 4.3% of Axis Multicap Fund's net assets — its number 1 holding.

Yes. As of its 30 June 2026 disclosure, ICICI Bank Limited is 3.87% of Axis Multicap Fund's net assets — its number 2 holding.

Yes. As of its 30 June 2026 disclosure, Shriram Finance Limited is 2.58% of Axis Multicap Fund's net assets — its number 3 holding.

Yes. As of its 30 June 2026 disclosure, ETERNAL LIMITED is 1.96% of Axis Multicap Fund's net assets — its number 4 holding.

Yes. As of its 30 June 2026 disclosure, Larsen & Toubro Limited is 1.93% of Axis Multicap Fund's net assets — its number 5 holding.

New to reading these? See How to Read a Mutual Fund's Monthly Portfolio Disclosure, or check terms like % to NAV in the glossary.

Source: Axis Mutual Fund's SEBI-mandated monthly portfolio disclosure, dated 30 June 2026. Data is for information only, not investment advice. Holdings may have changed since the disclosure date.