Axis Conservative Hybrid Fund
Axis Conservative Hybrid has constructed a heavily government securities-focused portfolio, with sovereigns comprising nearly 47 percent of holdings, reflecting a defensive stance suited for stable, predictable returns. The fund's concentrated structure—top five holdings representing half the portfolio—signals conviction in high-quality credit, with recent shifts toward NABARD entry and reduced exposure to clearing corporation suggesting modest rebalancing within safety parameters. Month-on-month flatness masks the fund's positioning for modest accrual from quality debt in a potentially volatile equity environment.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹35.4154 | -0.55% | — | — | — |
| Regular Growth | ₹29.9947 | -0.63% | -0.16% | +5.99% | +5.85% |
Portfolio Metrics(latest month)
vs Category Peers
Highly DifferentiatedActive Share = ½Σ|wfund − wpeer|, computed using leave-one-out peer portfolio within SEBI category.
Similar Funds in Category
What Changed2026-03-31 → 2026-04-30
| Stock | Weight |
|---|---|
| 7.44% National Bank For Agriculture and Rural Development (17/07/2029) | 2.28% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | 7.18% Government of India (14/08/2033) IN0020230085 | 16.24% |
| 2 | 6.79% Government of India (07/10/2034) IN0020240126 | 11.74% |
| 3 | 6.68% Government of India (07/07/2040) IN0020250042 | 10.82% |
| 4 | 7.64% Power Finance Corporation Limited (22/02/2033) ** INE134E08MA1 | 6.87% |
| 5 | 7.18% Government of India (24/07/2037) IN0020230077 | 4.15% |
| 6 | Clearing Corporation of India Ltd | 4.09% |
| 7 | 5% GMR Airports Limited (13/02/2027) ** INE776C08083 | 2.39% |
| 8 | Bamboo Hotel And Global Centre (Delhi) Private limited (31/01/2028) ** INE755L07015 | 2.31% |
| 9 | 8.50% Aadhar Housing Finance Limited (26/05/2026) ** INE883F07306 | 2.30% |
| 10 | 7.1% Government of India (08/04/2034) IN0020240019 | 2.30% |
| 11 | 6.72% IndiGrid Infrastructure Trust (14/09/2026) ** INE219X07306 | 2.29% |
| 12 | 9.4% IKF Finance Limited (12/08/2027) ** INE859C07246 | 2.29% |
| 13 | 7.44% National Bank For Agriculture and Rural Development (17/07/2029) INE261F08EU4 | 2.28% |
| 14 | 9.01% Hiranandani Financial Services Private Limited (30/03/2029) ** INE07UF07034 | 2.26% |
| 15 | Reliance Industries Limited INE002A01018 | 2.12% |
| 16 | 8.75% Aptus Value Housing Finance India Limited (11/03/2030) ** INE852O07154 | 1.84% |
| 17 | 8.95% Aptus Finance India Private Limited (06/03/2029) ** INE04MH07059 | 1.72% |
| 18 | HDFC Bank Limited INE040A01034 | 1.64% |
| 19 | ICICI Bank Limited INE090A01021 | 1.60% |
| 20 | 7.23% Government of India (15/04/2039) IN0020240027 | 1.38% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Axis Conservative Hybrid Fund hold?
Axis Conservative Hybrid Fund holds 55 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 49.82% of NAV.
What is the largest holding in Axis Conservative Hybrid Fund?
The largest position in Axis Conservative Hybrid Fund is 7.18% Government of India (14/08/2033), accounting for 16.24% of NAV in the Sovereign sector.
Is Axis Conservative Hybrid Fund a concentrated or diversified fund?
With a Gini coefficient of 0.646, Axis Conservative Hybrid Fund is moderately concentrated. The HHI concentration index is 67,209 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 49.82% of the portfolio.
What is the market cap allocation of Axis Conservative Hybrid Fund?
Based on SEBI's AMFI classification, Axis Conservative Hybrid Fund's equity portfolio is split as: Large Cap: 18.37%, Mid Cap: 0.44%, Small Cap: 0.27%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Axis Conservative Hybrid Fund invest in most?
Axis Conservative Hybrid Fund has the highest allocation to Sovereign (46.72%), CRISIL AAA (11.44%), Banks (5.58%). The fund is invested across 26 sectors in total.
How actively managed is Axis Conservative Hybrid Fund compared to other Conservative Hybrid Fund funds?
Axis Conservative Hybrid Fund has an Active Share of 78.93%, classifying it as "Highly Differentiated" among 16 Conservative Hybrid Fund peers. This means the fund takes significantly different stock positions compared to its category peers.
What changed in Axis Conservative Hybrid Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Axis Conservative Hybrid Fund added 1 new stock (including 7.44% National Bank For Agriculture and Rural Development (17/07/2029)). Total holding count increased from 55 to 56 stocks.