Axis India Manufacturing Fund

Axis Mutual FundThematicPortfolio as of 30 June 2026

Axis India Manufacturing Fund holds 81 instruments (95.8% equity), led by Mahindra & Mahindra Limited (5.07%), Bharat Electronics Limited (4.09%) and Sun Pharmaceutical Industries Limited (3.91%), as of its 30 June 2026 SEBI-mandated monthly disclosure.

Holdings
81
Equity Allocation
95.8%
AMC
Axis Mutual Fund
Category
Thematic

This page shows the complete disclosed portfolio of Axis India Manufacturing Fund, managed by Axis Mutual Fund, based on its monthly portfolio disclosure dated 30 June 2026. The fund holds 81 instruments with an equity allocation of 95.8%. Percentages are of net assets (% to NAV). Click any stock to see every other mutual fund that also holds it.

Portfolio Analysis

Axis India Manufacturing Fund's top 10 holdings account for 32.82% of its portfolio, more diversified than the Thematic category average of 50.4%. Consumer Discretionary is its largest sector exposure at 33.23% of net assets, spread across 7 sectors in total. Since its 31 May 2026 disclosure, the fund added 2 new positions and exited 8 positions, with Vedanta Aluminium Metal Limited seeing the largest move (+1.1pp to 1.47%).

Top 10 Equity Holdings

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.

2 new entries8 exits10 increased10 reduced

Biggest Weight Increases

StockWeightChange
Vedanta Aluminium Metal Limited0.37% → 1.47%▲ +1.1
Voltas Limited0.47% → 0.97%▲ +0.5
TD Power Systems Limited0.53% → 0.95%▲ +0.42
Sun Pharmaceutical Industries Limited3.6% → 3.91%▲ +0.31
Kirloskar Oil Engines Limited0.14% → 0.41%▲ +0.27
TVS Motor Company Limited1.66% → 1.9%▲ +0.24
Hindustan Aeronautics Limited1.71% → 1.93%▲ +0.22
Ather Energy Limited1.18% → 1.39%▲ +0.21
Maruti Suzuki India Limited2.42% → 2.59%▲ +0.17
Sansera Engineering Limited1.49% → 1.65%▲ +0.16

Biggest Weight Reductions

StockWeightChange
Vedanta Limited1.09% → 0.08%▼ -1.01
Hindalco Industries Limited3.64% → 2.86%▼ -0.78
Hitachi Energy India Limited0.89% → 0.22%▼ -0.67
Tata Steel Limited3.01% → 2.52%▼ -0.49
JSW Steel Limited1.89% → 1.61%▼ -0.28
Supreme Industries Limited0.7% → 0.43%▼ -0.27
GE Vernova T&D India Limited2.59% → 2.37%▼ -0.22
JINDAL STEEL LIMITED1.2% → 1.04%▼ -0.16
Cummins India Limited3.06% → 2.92%▼ -0.14
Reliance Industries Limited3.77% → 3.67%▼ -0.1

Top Holdings — Weight Trend

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

Jan: 6%, Feb: 5.73%, Mar: 5.51%, Apr: 5.28%, May: 5.06%, Jun: 5.07%
5.07%
Jan: 5.44%, Feb: 4.69%, Mar: 4.67%, Apr: 4.43%, May: 4.11%, Jun: 4.09%
4.09%
Jan: 2.71%, Feb: 3.32%, Mar: 4.02%, Apr: 3.72%, May: 3.6%, Jun: 3.91%
3.91%
Jan: 4.1%, Feb: 4.21%, Mar: 5.04%, Apr: 4.61%, May: 3.77%, Jun: 3.67%
3.67%
Jan: 2.12%, Feb: 2.29%, Mar: 2.32%, Apr: 2.45%, May: 3.06%, Jun: 2.92%
2.92%

Full Portfolio (81 holdings)

#HoldingSector% to NAV
1Mahindra & Mahindra LimitedConsumer Discretionary5.07%
2Bharat Electronics LimitedIndustrials4.09%
3Sun Pharmaceutical Industries LimitedHealthcare3.91%
4Clearing Corporation of India Ltdother3.8%
5Reliance Industries LimitedEnergy3.67%
6Cummins India LimitedIndustrials2.92%
7Hindalco Industries LimitedMaterials2.86%
8Divi's Laboratories LimitedHealthcare2.6%
9Maruti Suzuki India LimitedConsumer Discretionary2.59%
10Sona BLW Precision Forgings LimitedConsumer Discretionary2.59%
11Tata Steel LimitedMaterials2.52%
12Bharat Heavy Electricals LimitedIndustrials2.5%
13GE Vernova T&D India LimitedIndustrials2.37%
14Samvardhana Motherson International LimitedConsumer Discretionary2.32%
15Craftsman Automation LimitedConsumer Discretionary1.96%
16Hindustan Aeronautics LimitedIndustrials1.93%
17TVS Motor Company LimitedConsumer Discretionary1.9%
18Apar Industries LimitedIndustrials1.85%
19Solar Industries India LimitedMaterials1.84%
20Bharat Forge LimitedConsumer Discretionary1.77%
21Sansera Engineering LimitedConsumer Discretionary1.65%
22JSW Steel LimitedMaterials1.61%
23Premier Energies LimitedIndustrials1.48%
24Vedanta Aluminium Metal LimitedDiversified1.47%
25Minda Corporation LimitedConsumer Discretionary1.46%
26UltraTech Cement LimitedMaterials1.45%
27Ather Energy LimitedConsumer Discretionary1.39%
28Torrent Pharmaceuticals LimitedHealthcare1.36%
29CG Power and Industrial Solutions LimitedIndustrials1.31%
30JB Chemicals & Pharmaceuticals LimitedHealthcare1.3%
31Bajaj Auto LimitedConsumer Discretionary1.3%
32Pidilite Industries LimitedMaterials1.26%
33Bharat Petroleum Corporation LimitedEnergy1.25%
34Schaeffler India LimitedConsumer Discretionary1.18%
35Varun Beverages LimitedConsumer Staples1.14%
36Hyundai Motor India LimitedConsumer Discretionary1.14%
37Blue Star LimitedConsumer Discretionary1.1%
38JINDAL STEEL LIMITEDMaterials1.04%
39Glenmark Pharmaceuticals LimitedHealthcare1%
40Welspun Corp LimitedIndustrials0.99%
41Voltas LimitedConsumer Discretionary0.97%
42TD Power Systems LimitedIndustrials0.95%
43Amber Enterprises India LimitedConsumer Discretionary0.95%
44Happy Forgings LimitedIndustrials0.92%
45Syrma SGS Technology LimitedIndustrials0.9%
46Bosch LimitedConsumer Discretionary0.89%
47Tenneco Clean Air India LimitedConsumer Discretionary0.89%
48Carborundum Universal LimitedIndustrials0.83%
49Laurus Labs LimitedHealthcare0.79%
50Triveni Turbine LimitedIndustrials0.71%
51Larsen & Toubro LimitedIndustrials0.7%
52DOMS Industries LimitedConsumer Staples0.6%
53KEI Industries LimitedIndustrials0.59%
54SRF LimitedMaterials0.59%
55Radico Khaitan LimitedConsumer Staples0.59%
56Asian Paints LimitedConsumer Discretionary0.49%
57Avalon Technologies LimitedIndustrials0.49%
58K.P.R. Mill LimitedConsumer Discretionary0.48%
59LG Electronics India LimitedConsumer Discretionary0.48%
60Supreme Industries LimitedIndustrials0.43%
61ABB India LimitedIndustrials0.43%
62Kirloskar Oil Engines LimitedIndustrials0.41%
63Net Receivables / (Payables)other0.4%
64Coromandel International LimitedMaterials0.38%
65PI Industries LimitedMaterials0.38%
66Grindwell Norton LimitedIndustrials0.37%
67Dixon Technologies (India) LimitedConsumer Discretionary0.37%
68Timken India LimitedIndustrials0.34%
69Sai Life Sciences LimitedHealthcare0.32%
70Mtar Technologies LimitedIndustrials0.26%
71Anthem Biosciences LimitedHealthcare0.26%
72Voltamp Transformers LimitedIndustrials0.25%
73Hitachi Energy India LimitedIndustrials0.22%
74Tata Motors Passenger Vehicles LimitedConsumer Discretionary0.12%
75Vedanta LimitedMaterials0.08%
76Hero MotoCorp LimitedConsumer Discretionary0.08%
77Exide Industries LimitedConsumer Discretionary0.05%
78Whirlpool of India LimitedConsumer Discretionary0.04%
79IPCA Laboratories LimitedHealthcare0.04%
80TVS Motor Company Ltd 6.00% (Cumulative Non-Convertible Redeemable Preference Share)bond0.03%
81Onesource Specialty Pharma LimitedHealthcare0.02%

Frequently Asked Questions

Yes. As of its 30 June 2026 disclosure, Mahindra & Mahindra Limited is 5.07% of Axis India Manufacturing Fund's net assets — its number 1 holding.
Yes. As of its 30 June 2026 disclosure, Bharat Electronics Limited is 4.09% of Axis India Manufacturing Fund's net assets — its number 2 holding.
Yes. As of its 30 June 2026 disclosure, Sun Pharmaceutical Industries Limited is 3.91% of Axis India Manufacturing Fund's net assets — its number 3 holding.
Yes. As of its 30 June 2026 disclosure, Reliance Industries Limited is 3.67% of Axis India Manufacturing Fund's net assets — its number 4 holding.
Yes. As of its 30 June 2026 disclosure, Cummins India Limited is 2.92% of Axis India Manufacturing 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.