Axis Flexi Cap Fund
The fund maintains a fortress-like conviction in financial services, where banks alone command nearly one-fifth of assets alongside concentrated bets in select quality names like CCIL and Bajaj Finance. The manager is subtly rebalancing within this core theme—trimming CCIL despite its dominance while adding to SBI, signaling confidence in cyclical banking strength—while the entry into Bharat Forge and modest cash buffer suggest selective opportunism in industrials ahead. This is a quality-biased, financials-tilted portfolio betting on India's domestic growth rather than broad market participation.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹28.6600 | — | — | — | — |
| Regular Growth | ₹25.7400 | -0.46% | -1.42% | +12.91% | +10.71% |
| Regular IDCW | ₹16.0800 | — | — | — | — |
Portfolio Metrics(latest month)
vs Category Peers
Active Stock PickerActive 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 |
|---|---|
| Bharat Forge Limited | 0.49% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Clearing Corporation of India Ltd | 7.73% |
| 2 | ICICI Bank Limited INE090A01021 | 7.58% |
| 3 | Bharti Airtel Limited INE397D01024 | 4.46% |
| 4 | Bharat Electronics Limited INE263A01024 | 4.05% |
| 5 | Bajaj Finance Limited INE296A01032 | 3.92% |
| 6 | Eternal Limited INE758T01015 | 3.68% |
| 7 | State Bank of India INE062A01020 | 3.58% |
| 8 | Axis Bank Limited INE238A01034 | 3.35% |
| 9 | UltraTech Cement Limited INE481G01011 | 2.95% |
| 10 | Apar Industries Limited INE372A01015 | 2.95% |
| 11 | Krishna Institute Of Medical Sciences Limited INE967H01025 | 2.89% |
| 12 | Infosys Limited INE009A01021 | 2.84% |
| 13 | Mahindra & Mahindra Limited INE101A01026 | 2.69% |
| 14 | HDFC Bank Limited INE040A01034 | 2.56% |
| 15 | CG Power and Industrial Solutions Limited INE067A01029 | 2.19% |
| 16 | PB Fintech Limited INE417T01026 | 2.09% |
| 17 | Cholamandalam Investment and Finance Company Ltd INE121A01024 | 2.02% |
| 18 | Mankind Pharma Limited INE634S01028 | 1.93% |
| 19 | GE Vernova T&D India Limited INE200A01026 | 1.93% |
| 20 | InterGlobe Aviation Limited INE646L01027 | 1.90% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Axis Flexi Cap Fund hold?
Axis Flexi Cap Fund holds 61 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 27.74% of NAV.
What is the largest holding in Axis Flexi Cap Fund?
The largest position in Axis Flexi Cap Fund is Clearing Corporation of India Ltd, accounting for 7.73% of NAV.
Is Axis Flexi Cap Fund a concentrated or diversified fund?
With a Gini coefficient of 0.481, Axis Flexi Cap Fund is moderately concentrated. The HHI concentration index is 31,631 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 27.74% of the portfolio.
What is the market cap allocation of Axis Flexi Cap Fund?
Based on SEBI's AMFI classification, Axis Flexi Cap Fund's equity portfolio is split as: Large Cap: 61.06%, Mid Cap: 18.50%, Small Cap: 12.76%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Axis Flexi Cap Fund invest in most?
Axis Flexi Cap Fund has the highest allocation to Banks (19.43%), Electrical Equipment (7.66%), Finance (7.56%). The fund is invested across 28 sectors in total.
How actively managed is Axis Flexi Cap Fund compared to other Flexi Cap Fund funds?
Axis Flexi Cap Fund has an Active Share of 62.12%, classifying it as "Active Stock Picker" among 41 Flexi Cap Fund peers. This indicates a moderate level of differentiation from category peers.
What changed in Axis Flexi Cap Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Axis Flexi Cap Fund added 1 new stock (including Bharat Forge Limited) and exited 2 stocks (including Prestige Estates Projects Limited). Total holding count decreased from 63 to 62 stocks.