Mutual fund

Axis Midcap Fund

Axis Mutual Fund · Equity

Current range: July 2026 → August 2026

Fund Quality

Average fund↑61.7 / 100

#15 of 26 in Mid Cap Fund

Returns20%: 50.6
Consistency20%: 49.4
Downside20%: 69.4
Fees10%: 80.9
Risk10%: 73.8

Increasing Fast Moving Consumer Goods exposure while reducing Capital Goods.

Sector allocation, Feb 2026 → Aug 2026

88Holdings
18Increased
21Reduced
11New
6Exited

AUM ₹35,742 cr · 31 Aug 202614 historical disclosures

1 holding left out of the change counts because a corporate action blocks a quantity comparison.

Fund Quality

Average61.7 / 100

Rank 15 of 26 in Mid Cap Fund
↑ Improving · +5.4 since 30 Jun 2026

Medium confidence

Performance515-year return 12.3% a year against a peer median of 14.3%.
Consistency49Beat the peer median in 31% of rolling 1-year and 4% of rolling 3-year periods over 5 years.
Downside protection69Deepest fall −20.3% in 5 years; fell 98% as much as the peer median in down months.
Value for moneyPartial evidence81Expense ratio 0.83% against a peer median of 1.09%.
Portfolio riskPartial evidence74Top 10 stocks are 26% of assets, about 57 effective holdings.
Manager & process stability—Not measured. Manager appointment records and process documentation are not loaded, so manager and process stability cannot be assessed.

Strengths: Cheaper than most category peers; Less concentrated than most category peers.

Change since 30 Jun 2026: Performance +2.1, Consistency +0.5 points.

How Fund Quality works

Each diversified active fund is compared with its current category peers over identical five- and three-year windows, using its Direct Growth plan. Index funds, ETFs and sector or thematic funds are not rated.
Six dimensions are scored 0–100 against peers. Returns, consistency and downside protection carry most of the weight; value for money, portfolio risk and manager stability support them. A dimension without evidence is left out and the rest re-weighted; it is never scored as zero or average.
Great is 85+, Good 70–85, Average 50–70, Poor 30–50 and Awful below 30. Great also needs strong returns, consistency and downside protection and five years of history; weak downside protection caps a fund at Average.
A rating with all three core dimensions and only one supporting dimension is provisional and lower confidence. Without all three core dimensions there is no rating.
Fund Quality is not a return ranking and not a recommendation. Past performance does not predict future returns.
Peers are the plan's current AMFI category; dated category history is not loaded, so a fund that changed category is compared with its current peers throughout.
Closed and merged schemes are not loaded, so peer groups contain survivors only.
No fund-to-benchmark mapping is loaded, so nothing here measures performance against the fund's benchmark.
Manager & process stability is not assessed: its data is not loaded. Mandate discipline is not part of the rating.
Fund Quality describes past evidence. In a 2019–2023 test, funds with higher return, consistency and downside scores did not go on to beat their peers over the next three years.
Past performance and risk do not predict future results. Fund Quality is not a recommendation to buy, sell or switch.
Methodology fund_quality_v1, NAV as of 1 Oct 2026.

Latest changes

Current range: July 2026 → August 2026

Added

Largest addition

PB Fintech Ltd.

shares +24.2% · Financial Services

+₹257 cr

What changed?

Current range: July 2026 → August 2026

StockSharesPortfolio weight

PB Fintech Ltd.POLICYBZR

Financial Services

Shares+₹257 cr3.53M → 4.39M+855.10K+24.2% shares

Portfolio weight1.6% → 2.3%+0.7 pp weight

InterGlobe Aviation Ltd.INDIGO

Services

Shares+₹223 cr149.64K → 573.23K+423.59K+283.1% shares

Portfolio weight0.2% → 0.8%+0.6 pp weight

Apar Industries Ltd.APARINDS

Capital Goods

Shares+₹218 cr522.76K → 547.07K+24.32K+4.7% shares

Portfolio weight2.2% → 2.7%+0.5 pp weight

INDO-MIM LimitedINDOMIM

Capital Goods

Shares+₹183 cr1.39M → 3.31M+1.93M+139.2% shares

Portfolio weight0.3% → 0.8%+0.5 pp weight

Dixon Technologies (India) Ltd.DIXON

Consumer Durables

Shares+₹167 cr265.41K → 363.52K+98.11K+37.0% shares

Portfolio weight1.1% → 1.5%+0.4 pp weight

Eternal Ltd.ETERNAL

Consumer Services

Shares+₹156 cr18.29M → 21.61M+3.32M+18.1% shares

Portfolio weight1.6% → 2.0%+0.4 pp weight

Lenskart Solutions Ltd.LENSKART

Consumer Services

Shares+₹144 cr10.27M → 10.87M+606.46K+5.9% shares

Portfolio weight1.7% → 2.0%+0.3 pp weight

Bosch Ltd.BOSCHLTD

Automobile and Auto Components

Shares+₹126 cr20.59K → 42.15K+21.55K+104.7% shares

Portfolio weight0.3% → 0.6%+0.3 pp weight

Coforge Ltd.COFORGE

Information Technology

Shares+₹115 cr2.27M → 2.54M+279.05K+12.3% shares

Portfolio weight1.1% → 1.4%+0.3 pp weight

AU Small Finance Bank Ltd.AUBANK

Financial Services

Shares+₹82.8 cr3.33M → 3.97M+642.72K+19.3% shares

Portfolio weight1.0% → 1.2%+0.2 pp weight

Billionbrains Garage Ventures Ltd.GROWW

Financial Services

Shares+₹71.4 cr8.83M → 12.65M+3.83M+43.3% shares

Portfolio weight0.5% → 0.7%+0.2 pp weight

UNO Minda Ltd.UNOMINDA

Automobile and Auto Components

Shares+₹61.1 cr4.27M → 4.43M+159.48K+3.7% shares

Portfolio weight1.5% → 1.6%+0.1 pp weight

Bajaj Finance Ltd.BAJFINANCE

Financial Services

Shares+₹49.2 cr3.86M → 4.63M+773.17K+20.0% shares

Portfolio weight1.3% → 1.4%+0.1 pp weight

FSN E-Commerce Ventures Ltd.NYKAA

Consumer Services

Shares+₹47.6 cr17.08M → 17.65M+573.38K+3.4% shares

Portfolio weight1.6% → 1.7%+0.1 pp weight

GE Vernova T&D India Ltd.GVT&D

Capital Goods

Shares+₹38.6 cr1.84M → 1.87M+36.48K+2.0% shares

Portfolio weight2.3% → 2.4%+0.0 pp weight

Mahindra & Mahindra Financial Services Ltd.M&MFIN

Financial Services

Shares+₹36.2 cr1.79M → 2.83M+1.03M+57.5% shares

Portfolio weight0.2% → 0.3%+0.1 pp weight

Craftsman Automation Ltd.CRAFTSMAN

Automobile and Auto Components

Shares+₹29.1 cr197.47K → 200.12K+2.65K+1.3% shares

Portfolio weight0.6% → 0.6%+0.1 pp weight

Anthem Biosciences Ltd.ANTHEM

Healthcare

Shares+₹25.5 cr1.73M → 1.85M+123.18K+7.1% shares

Portfolio weight0.4% → 0.5%+0.1 pp weight

Not compared

These holdings stay out of the change counts. A merger, demerger, or a corporate action without a usable ratio means the share change cannot be read as a buy or sell.

TD Power Systems LimitedTDPOWERSYS

Capital Goods

Disclosed shares— → 1.06M

WhyA split has no usable ratio, so the quantity change is not comparable.

Current portfolio

Disclosed holdings for August 2026. Change columns use share quantities, with earlier quantities adjusted when a corporate action has a usable ratio.

Current range: Change columns compare with July 2026


Federal Bank Ltd.FEDERALBNK	Financial Services	−₹9.4 cr0.0% shares	43.74M	4.4%	+₹1,560 cr	Unchanged
Fortis Healthcare Ltd.FORTIS	Healthcare	−₹47.7 cr0.0% shares	12.52M	3.2%	+₹1,136 cr	Unchanged
Apar Industries Ltd.APARINDS	Capital Goods	+₹218 cr+4.7% shares	547.07K	2.7%	+₹968 cr	Increased
Sona BLW Precision Forgings Ltd.SONACOMS	Automobile and Auto Components	+₹51.5 cr0.0% shares	11.81M	2.7%	+₹960 cr	Unchanged
GE Vernova T&D India Ltd.GVT&D	Capital Goods	+₹38.6 cr+2.0% shares	1.87M	2.4%	+₹833 cr	Increased
PB Fintech Ltd.POLICYBZR	Financial Services	+₹257 cr+24.2% shares	4.39M	2.3%	+₹823 cr	Increased
Indian Hotels Co. Ltd.INDHOTEL	Consumer Services	−₹71.2 L0.0% shares	10.95M	2.3%	+₹808 cr	Unchanged
Ipca Laboratories Ltd.IPCALAB	Healthcare	+₹91.0 cr0.0% shares	4.01M	2.2%	+₹791 cr	Unchanged
Phoenix Mills Ltd.PHOENIXLTD	Realty	+₹2.7 cr0.0% shares	3.97M	2.1%	+₹755 cr	Unchanged
Lenskart Solutions Ltd.LENSKART	Consumer Services	+₹144 cr+5.9% shares	10.87M	2.0%	+₹720 cr	Increased
Eternal Ltd.ETERNAL	Consumer Services	+₹156 cr+18.1% shares	21.61M	2.0%	+₹709 cr	Increased
Bharat Forge Ltd.BHARATFORG	Automobile and Auto Components	−₹31.1 cr0.0% shares	3.28M	1.9%	+₹690 cr	Unchanged
Bharat Heavy Electricals Ltd.BHEL	Capital Goods	+₹55.7 cr0.0% shares	15.64M	1.9%	+₹692 cr	Unchanged
ICICI Bank Ltd.ICICIBANK	Financial Services	+₹8.1 cr0.0% shares	4.35M	1.8%	+₹633 cr	Unchanged
Solar Industries India Ltd.SOLARINDS	Chemicals	+₹8.4 cr−7.3% shares	315.88K	1.8%	+₹635 cr	Reduced
FSN E-Commerce Ventures Ltd.NYKAA	Consumer Services	+₹47.6 cr+3.4% shares	17.65M	1.7%	+₹617 cr	Increased
Radico Khaitan LtdRADICO	Fast Moving Consumer Goods	+₹19.5 cr0.0% shares	1.35M	1.7%	+₹605 cr	Unchanged
Cummins India Ltd.CUMMINSIND	Capital Goods	−₹48.7 cr0.0% shares	1.18M	1.7%	+₹601 cr	Unchanged
UNO Minda Ltd.UNOMINDA	Automobile and Auto Components	+₹61.1 cr+3.7% shares	4.43M	1.6%	+₹565 cr	Increased
Dixon Technologies (India) Ltd.DIXON	Consumer Durables	+₹167 cr+37.0% shares	363.52K	1.5%	+₹540 cr	Increased
Premier Energies Ltd.PREMIERENE	Capital Goods	+₹7.3 cr0.0% shares	5.18M	1.5%	+₹537 cr	Unchanged
Schaeffler India Ltd.SCHAEFFLER	Automobile and Auto Components	−₹55.9 cr−8.2% shares	1.31M	1.5%	+₹524 cr	Reduced
Coforge Ltd.COFORGE	Information Technology	+₹115 cr+12.3% shares	2.54M	1.4%	+₹505 cr	Increased
Bajaj Finance Ltd.BAJFINANCE	Financial Services	+₹49.2 cr+20.0% shares	4.63M	1.4%	+₹490 cr	Increased
Marico Ltd.MARICO	Fast Moving Consumer Goods	−₹29.9 cr0.0% shares	5.90M	1.4%	+₹484 cr	Unchanged
Alkem Laboratories Ltd.ALKEM	Healthcare	−₹37.6 cr0.0% shares	892.03K	1.3%	+₹475 cr	Unchanged
Ather Energy Ltd.ATHERENERG	Automobile and Auto Components	+₹122 cr0.0% shares	2.67M	1.3%	+₹458 cr	Unchanged
J.K. Cement Ltd.JKCEMENT	Construction Materials	−₹32.1 cr−1.0% shares	878.88K	1.3%	+₹451 cr	Reduced
Multi Commodity Exchange of India Ltd.MCX	Financial Services	+₹50.0 cr−10.9% shares	1.32M	1.3%	+₹448 cr	Reduced
TVS Motor Company Ltd.TVSMOTOR	Automobile and Auto Components	+₹2.9 cr0.0% shares	1.02M	1.3%	+₹444 cr	Unchanged
AU Small Finance Bank Ltd.AUBANK	Financial Services	+₹82.8 cr+19.3% shares	3.97M	1.2%	+₹432 cr	Increased
One 97 Communications Ltd.PAYTM	Financial Services	+₹413 cr—	2.41M	1.2%	+₹413 cr	New
Info Edge (India) Ltd.NAUKRI	Consumer Services	+₹26.8 cr0.0% shares	3.09M	1.1%	+₹405 cr	Unchanged
Coromandel International Ltd.COROMANDEL	Chemicals	−₹234 cr−32.4% shares	2.02M	1.1%	+₹385 cr	Reduced
Torrent Power Ltd.TORNTPOWER	Power	−₹62.8 cr0.0% shares	3.17M	1.1%	+₹385 cr	Unchanged
Vishal Mega Mart Ltd.VMM	Consumer Services	−₹8.9 cr−5.4% shares	34.50M	1.1%	+₹382 cr	Reduced
SRF Ltd.SRF	Chemicals	−₹8.6 cr0.0% shares	1.39M	1.0%	+₹356 cr	Unchanged
Abbott India Ltd.ABBOTINDIA	Healthcare	−₹99.6 cr−16.1% shares	136.59K	1.0%	+₹353 cr	Reduced
ICICI Lombard General Insurance Company Ltd.ICICIGI	Financial Services	−₹12.4 cr0.0% shares	2.19M	1.0%	+₹343 cr	Unchanged
L&T Finance Ltd.LTF	Financial Services	+₹10.4 cr0.0% shares	10.71M	1.0%	+₹344 cr	Unchanged
K.P.R. Mill Ltd.KPRMILL	Textiles	+₹36.9 cr0.0% shares	2.89M	1.0%	+₹340 cr	Unchanged
Shriram Finance Ltd.SHRIRAMFIN	Financial Services	+₹19.2 cr0.0% shares	3.04M	0.9%	+₹338 cr	Unchanged
Supreme Industries Ltd.SUPREMEIND	Capital Goods	−₹18.0 cr−7.6% shares	940.99K	0.9%	+₹335 cr	Reduced
Bharti Hexacom Ltd.BHARTIHEXA	Telecommunication	−₹13.2 cr0.0% shares	2.13M	0.9%	+₹329 cr	Unchanged
BSE Ltd.BSE	Financial Services	−₹111 cr−17.2% shares	992.54K	0.9%	+₹326 cr	Reduced
CG Power and Industrial Solutions Ltd.CGPOWER	Capital Goods	+₹18.0 cr0.0% shares	3.43M	0.9%	+₹314 cr	Unchanged
InterGlobe Aviation Ltd.INDIGO	Services	+₹223 cr+283.1% shares	573.23K	0.8%	+₹300 cr	Increased
Page Industries Ltd.PAGEIND	Textiles	−₹38.3 cr0.0% shares	83.70K	0.8%	+₹300 cr	Unchanged
INDO-MIM LimitedINDOMIM	Capital Goods	+₹183 cr+139.2% shares	3.31M	0.8%	+₹290 cr	Increased
Dhoot Transmission LimitedDHOOTTRANS	Automobile and Auto Components	+₹286 cr—	1.94M	0.8%	+₹286 cr	New
Meesho Ltd.MEESHO	Consumer Services	+₹281 cr—	13.69M	0.8%	+₹281 cr	New
Torrent Pharmaceuticals Ltd.TORNTPHARM	Healthcare	−₹2.9 cr0.0% shares	502.29K	0.7%	+₹254 cr	Unchanged
MphasiS Ltd.MPHASIS	Information Technology	+₹8.7 cr0.0% shares	1.03M	0.7%	+₹249 cr	Unchanged
Billionbrains Garage Ventures Ltd.GROWW	Financial Services	+₹71.4 cr+43.3% shares	12.65M	0.7%	+₹243 cr	Increased
Sundaram Finance Ltd.SUNDARMFIN	Financial Services	−₹6.3 cr0.0% shares	502.38K	0.6%	+₹228 cr	Unchanged
Craftsman Automation Ltd.CRAFTSMAN	Automobile and Auto Components	+₹29.1 cr+1.3% shares	200.12K	0.6%	+₹224 cr	Increased
Bosch Ltd.BOSCHLTD	Automobile and Auto Components	+₹126 cr+104.7% shares	42.15K	0.6%	+₹211 cr	Increased
Indian BankINDIANB	Financial Services	−₹28.5 cr−19.0% shares	2.12M	0.5%	+₹190 cr	Reduced
3M India Ltd.3MINDIA	Diversified	−₹7.3 cr0.0% shares	56.62K	0.5%	+₹189 cr	Unchanged
Cholamandalam Investment and Finance Company Ltd.CHOLAFIN	Financial Services	+₹75.9 L0.0% shares	1.01M	0.5%	+₹188 cr	Unchanged
Voltas Ltd.VOLTAS	Consumer Durables	−₹68.8 cr−18.6% shares	1.57M	0.5%	+₹188 cr	Reduced
Aster DM Quality Care Ltd.ASTERDM	Healthcare	+₹173 cr—	2.28M	0.5%	+₹173 cr	New
Trent Ltd.TRENT	Consumer Services	−₹7.7 cr0.0% shares	608.37K	0.5%	+₹175 cr	Unchanged
Blue Star Ltd.BLUESTARCO	Consumer Durables	−₹132 cr−35.2% shares	1.16M	0.5%	+₹170 cr	Reduced
PI Industries Ltd.PIIND	Chemicals	−₹84.8 cr−22.3% shares	723.04K	0.5%	+₹171 cr	Reduced
Anthem Biosciences Ltd.ANTHEM	Healthcare	+₹25.5 cr+7.1% shares	1.85M	0.5%	+₹165 cr	Increased
Cholamandalam Financial Holdings Ltd.CHOLAHLDNG	Financial Services	−₹5.4 cr0.0% shares	1.11M	0.5%	+₹164 cr	Unchanged
Tube Investments of India Ltd.TIINDIA	Automobile and Auto Components	−₹88.0 cr−36.0% shares	577.07K	0.5%	+₹160 cr	Reduced
Fine Organic Industries LimitedFINEORG	Chemicals	+₹6.1 cr−5.0% shares	286.71K	0.4%	+₹151 cr	Reduced
LG Electronics India Ltd.LGEINDIA	Consumer Durables	+₹18.7 cr0.0% shares	900.02K	0.4%	+₹153 cr	Unchanged
IndusInd Bank Ltd.INDUSINDBK	Financial Services	+₹60.5 L0.0% shares	1.46M	0.4%	+₹148 cr	Unchanged
KEI Industries Ltd.KEI	Capital Goods	−₹7.9 cr−17.6% shares	242.93K	0.4%	+₹139 cr	Reduced
Bharat Electronics Ltd.BEL	Capital Goods	−₹30.2 cr−23.5% shares	3.27M	0.4%	+₹135 cr	Reduced
Hindustan Petroleum Corporation Ltd.HINDPETRO	Oil Gas & Consumable Fuels	−₹153 cr−50.0% shares	3.70M	0.4%	+₹135 cr	Reduced
Astral Ltd.ASTRAL	Capital Goods	+₹6.1 cr0.0% shares	823.22K	0.3%	+₹125 cr	Unchanged
Mankind Pharma Ltd.MANKIND	Healthcare	−₹2.6 cr0.0% shares	513.17K	0.3%	+₹124 cr	Unchanged
Mahindra & Mahindra Financial Services Ltd.M&MFIN	Financial Services	+₹36.2 cr+57.5% shares	2.83M	0.3%	+₹105 cr	Increased
Global Health Ltd.MEDANTA	Healthcare	+₹87.6 cr—	591.81K	0.3%	+₹87.6 cr	New
Swiggy Ltd.SWIGGY	Consumer Services	+₹87.0 cr—	3.09M	0.3%	+₹87.0 cr	New
Tata Communications Ltd.TATACOMM	Telecommunication	−₹29.2 cr−23.6% shares	507.81K	0.3%	+₹87.5 cr	Reduced
Amber Enterprises India Ltd.AMBER	Consumer Durables	+₹82.4 cr—	108.17K	0.2%	+₹82.4 cr	New
TD Power Systems LimitedTDPOWERSYS	Capital Goods	——	1.06M	0.2%	+₹82.2 cr	Not comparable
Navin Fluorine International Ltd.NAVINFLUOR	Chemicals	+₹71.6 cr—	82.51K	0.2%	+₹71.6 cr	New
Piramal Finance Ltd.PIRAMALFIN	Financial Services	+₹51.1 cr—	222.16K	0.1%	+₹51.1 cr	New
Gland Pharma Ltd.GLAND	Healthcare	+₹32.5 cr—	112.75K	0.1%	+₹32.5 cr	New
Ashok Leyland Ltd.ASHOKLEY	Capital Goods	+₹24.5 cr—	1.39M	0.1%	+₹24.5 cr	New
Linde India Ltd.LINDEINDIA	Chemicals	−₹4.8 cr−21.2% shares	22.27K	0.0%	+₹14.2 cr	Reduced
Endurance Technologies Ltd.ENDURANCE	Automobile and Auto Components	−₹86.7 cr−100.0% shares	0	—	₹0	Exited
ITC Hotels Ltd.ITCHOTELS	Consumer Services	−₹90.0 cr−100.0% shares	0	—	₹0	Exited
Jindal Steel Ltd.JINDALSTEL	Metals & Mining	−₹171 cr−100.0% shares	0	—	₹0	Exited
Lupin Ltd.LUPIN	Healthcare	−₹12.5 cr−100.0% shares	0	—	₹0	Exited
Mahindra & Mahindra Ltd.M&M	Automobile and Auto Components	−₹6.3 cr−100.0% shares	0	—	₹0	Exited
Persistent Systems Ltd.PERSISTENT	Information Technology	−₹42.7 cr−100.0% shares	0	—	₹0	Exited
Prestige Estates Projects Ltd.PRESTIGE	Realty	−₹144 cr−100.0% shares	9	—	+₹15,000	Reduced

Axis Midcap Fund

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