Axis Value Fund

Axis Mutual FundEquityPortfolio as of 30 September 2026

Axis Value Fund holds 88 instruments (92.98% equity), led by ICICI Bank Limited (5.28%), HDFC Bank Limited (4.54%) and Reliance Industries Limited (3.22%), as of its 30 September 2026 SEBI-mandated monthly disclosure.

Holdings
88
Equity Allocation
92.98%
AMC
Axis Mutual Fund
Category
Equity

This page shows the complete disclosed portfolio of Axis Value Fund, managed by Axis Mutual Fund, based on its monthly portfolio disclosure dated 30 September 2026. The fund holds 88 instruments with an equity allocation of 92.98%. Percentages are of net assets (% to NAV). Click any stock to see every other mutual fund that also holds it.

Portfolio Analysis

Axis Value Fund's top 10 holdings account for 29.13% of its portfolio, more diversified than the Equity category average of 37%. Financial Services is its largest sector exposure at 31.92% of net assets, spread across 13 sectors in total. Since its 31 August 2026 disclosure, the fund added 1 new position and exited 2 positions, with RBL Bank Limited seeing the largest move (+0.44pp to 1.59%).

Sector Breakdown

Equity holdings grouped by sector, % to NAV. "Other" covers debt, cash and other non-equity instruments, plus any equity holding without a classified sector.

Financial Services
31.92%
Consumer Discretionary
15.27%
Industrials
14.73%
Healthcare
9.88%
Other
7.02%
Information Technology
4.7%
Energy
4.43%
Telecommunication
3.15%
Consumer Staples
2.89%
Utilities
2.2%
Materials
2.2%
Diversified
0.66%
Real Estate
0.53%
Services
0.42%

Top 10 Equity Holdings

What Changed: August 2026 → September 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 entry2 exits6 increased10 reduced

Biggest Weight Increases

StockWeightChange
RBL Bank Limited1.15% → 1.59%▲ +0.44
Welspun Corp Limited2.17% → 2.53%▲ +0.36
ICICI Bank Limited5.14% → 5.28%▲ +0.14
Gland Pharma Limited0.73% → 0.85%▲ +0.12
HDFC Bank Limited4.44% → 4.54%▲ +0.1
Sona BLW Precision Forgings Limited2.19% → 2.29%▲ +0.1

Biggest Weight Reductions

StockWeightChange
Shriram Finance Limited2.86% → 2.43%▼ -0.43
Apollo Hospitals Enterprise Limited1.75% → 1.35%▼ -0.4
PB Fintech Limited0.92% → 0.54%▼ -0.38
The Federal Bank Limited1.13% → 0.83%▼ -0.3
Infosys Limited2.12% → 1.9%▼ -0.22
Ujjivan Small Finance Bank Limited0.78% → 0.56%▼ -0.22
Ather Energy Limited1.31% → 1.11%▼ -0.2
State Bank of India2.37% → 2.19%▼ -0.18
IndusInd Bank Limited0.85% → 0.68%▼ -0.17
Premier Energies Limited1.27% → 1.1%▼ -0.17

Top Holdings — Weight Trend

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

Apr: 5.31%, May: 5.07%, Jun: 5.47%, Jul: 5.4%, Aug: 5.14%, Sept: 5.28%
5.28%
Apr: 4.62%, May: 4.18%, Jun: 6.06%, Jul: 4.99%, Aug: 4.44%, Sept: 4.54%
4.54%
Apr: 4.3%, May: 3.81%, Jun: 3.87%, Jul: 3.69%, Aug: 3.38%, Sept: 3.22%
3.22%
Apr: 1.26%, May: 1.49%, Jun: 1.57%, Jul: 1.51%, Aug: 2.17%, Sept: 2.53%
2.53%
Apr: 2.59%, May: 2.7%, Jun: 3.03%, Jul: 2.87%, Aug: 2.86%, Sept: 2.43%
2.43%

Full Portfolio (88 holdings)

#HoldingSector% to NAV
1Clearing Corporation of India Ltdother—6.85%
2ICICI Bank LimitedFinancial Services5.28%
3HDFC Bank LimitedFinancial Services4.54%
4Reliance Industries LimitedEnergy3.22%
5Welspun Corp LimitedIndustrials2.53%
6Shriram Finance LimitedFinancial Services2.43%
7Bharti Airtel LimitedTelecommunication2.41%
8Sona BLW Precision Forgings LimitedConsumer Discretionary2.29%
9NTPC LimitedUtilities2.2%
10State Bank of IndiaFinancial Services2.19%
11Larsen & Toubro LimitedIndustrials2.04%
12Bharat Heavy Electricals LimitedIndustrials2%
13Infosys LimitedInformation Technology1.9%
14Torrent Pharmaceuticals LimitedHealthcare1.81%
15Minda Corporation LimitedConsumer Discretionary1.77%
16Mahindra & Mahindra LimitedConsumer Discretionary1.74%
17Sun Pharmaceutical Industries LimitedHealthcare1.69%
18Tech Mahindra LimitedInformation Technology1.64%
19Multi Commodity Exchange of India LimitedFinancial Services1.61%
20RBL Bank LimitedFinancial Services1.59%
21ETERNAL LIMITEDConsumer Discretionary1.58%
22Axis Bank LimitedFinancial Services1.48%
23Apar Industries LimitedIndustrials1.47%
24Bajaj Finance LimitedFinancial Services1.45%
25PNB Housing Finance LimitedFinancial Services1.41%
26Apollo Hospitals Enterprise LimitedHealthcare1.35%
27Kotak Mahindra Bank LimitedFinancial Services1.19%
28Bharat Electronics LimitedIndustrials1.17%
29Ather Energy LimitedConsumer Discretionary1.11%
30Premier Energies LimitedIndustrials1.1%
31City Union Bank LimitedFinancial Services1.06%
32TD POWER SYSTEMS LTDIndustrials1.05%
33Hyundai Motor India LimitedConsumer Discretionary1.01%
34GE Vernova T&D India LimitedIndustrials0.97%
35Karur Vysya Bank LimitedFinancial Services0.94%
36UltraTech Cement LimitedMaterials0.91%
37Samvardhana Motherson International LimitedConsumer Discretionary0.89%
38The Karnataka Bank LimitedFinancial Services0.88%
39Hindustan Aeronautics LimitedIndustrials0.87%
40TVS Motor Company LimitedConsumer Discretionary0.87%
41Gland Pharma LimitedHealthcare0.85%
42Craftsman Automation LimitedConsumer Discretionary0.85%
43Bharat Petroleum Corporation LimitedEnergy0.85%
44Radico Khaitan LimitedConsumer Staples0.85%
45Fortis Healthcare LimitedHealthcare0.84%
46The Federal Bank LimitedFinancial Services0.83%
47Vijaya Diagnostic Centre LimitedHealthcare0.8%
48United Spirits LimitedConsumer Staples0.8%
49Sansera Engineering LimitedConsumer Discretionary0.78%
50Indus Towers LimitedTelecommunication0.74%
51Cyient DLM LimitedIndustrials0.74%
52JINDAL STEEL LIMITEDMaterials0.73%
53Bajaj Auto LimitedConsumer Discretionary0.73%
54Amber Enterprises India LimitedConsumer Discretionary0.73%
55Cholamandalam Investment and Finance Company LimitedFinancial Services0.7%
56IndusInd Bank LimitedFinancial Services0.68%
57Laurus Labs LimitedHealthcare0.68%
58Marico LimitedConsumer Staples0.67%
59HDFC Life Insurance Company LimitedFinancial Services0.66%
60Vedanta Aluminium Metal LimitedDiversified0.66%
61Bajaj Finserv LimitedFinancial Services0.66%
62SBI Life Insurance Company LimitedFinancial Services0.62%
63Healthcare Global Enterprises LimitedHealthcare0.59%
64Ujjivan Small Finance Bank LimitedFinancial Services0.56%
65PB Fintech LimitedFinancial Services0.54%
66The Phoenix Mills LimitedReal Estate0.53%
67Coforge LimitedInformation Technology0.47%
68Global Health LimitedHealthcare0.46%
69Swiggy LimitedConsumer Discretionary0.46%
70Dixon Technologies (India) LimitedConsumer Discretionary0.46%
71HCL Technologies LimitedInformation Technology0.42%
72InterGlobe Aviation LimitedServices0.42%
73Piramal Pharma LimitedHealthcare0.4%
74Varun Beverages LimitedConsumer Staples0.38%
75Oil & Natural Gas Corporation LimitedEnergy0.36%
76Hindalco Industries LimitedMaterials0.3%
77Mtar Technologies LimitedIndustrials0.28%
78CG Power and Industrial Solutions LimitedIndustrials0.27%
79BIRLASOFT LIMITEDInformation Technology0.27%
80Tata Steel LimitedMaterials0.26%
81Krishna Institute of Medical Sciences LimitedHealthcare0.26%
82Cholamandalam Financial Holdings LimitedFinancial Services0.25%
83Firstsource Solutions LimitedIndustrials0.24%
84India Shelter Finance Corporation LimitedFinancial Services0.19%
85ITC LimitedConsumer Staples0.19%
86Indian BankFinancial Services0.18%
87Net Receivables / (Payables)other—0.17%
88Cipla LimitedHealthcare0.15%

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Frequently Asked Questions

Yes. As of its 30 September 2026 disclosure, ICICI Bank Limited is 5.28% of Axis Value Fund's net assets — its number 1 holding.
Yes. As of its 30 September 2026 disclosure, HDFC Bank Limited is 4.54% of Axis Value Fund's net assets — its number 2 holding.
Yes. As of its 30 September 2026 disclosure, Reliance Industries Limited is 3.22% of Axis Value Fund's net assets — its number 3 holding.
Yes. As of its 30 September 2026 disclosure, Welspun Corp Limited is 2.53% of Axis Value Fund's net assets — its number 4 holding.
Yes. As of its 30 September 2026 disclosure, Shriram Finance Limited is 2.43% of Axis Value 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 September 2026. Data is for information only, not investment advice. Holdings may have changed since the disclosure date.