Axis Focused Fund
Axis Focused Fund maintains a deliberate concentration play with over half its portfolio in just ten stocks, anchored heavily in financials and banking where conviction appears strengthened by the State Bank addition and Clearing Corporation's relative trim. The manager exited real estate exposure entirely while modestly rotating within financial services, signaling tactical caution on property valuations despite broadening bank exposure. This measured rebalancing within a tightly held portfolio suggests the manager is positioning for steady financial sector performance while preserving dry powder at 7.4% cash.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹59.3200 | +0.02% | — | — | — |
| Regular Growth | ₹51.0100 | -0.06% | -6.58% | +8.82% | +6.14% |
| Direct IDCW | ₹30.1900 | +0.03% | — | — | — |
| Regular IDCW | ₹16.8200 | -0.06% | — | — | — |
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 | |
|---|---|---|
| No new entries this month | ||
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Clearing Corporation of India Ltd | 7.67% |
| 2 | ICICI Bank Limited INE090A01021 | 7.55% |
| 3 | Eternal Limited INE758T01015 | 5.93% |
| 4 | Divi's Laboratories Limited INE361B01024 | 5.36% |
| 5 | Apollo Hospitals Enterprise Limited INE437A01024 | 4.73% |
| 6 | Cholamandalam Investment and Finance Company Ltd INE121A01024 | 4.63% |
| 7 | Bharti Airtel Limited INE397D01024 | 4.59% |
| 8 | State Bank of India INE062A01020 | 4.56% |
| 9 | Bajaj Finance Limited INE296A01032 | 4.14% |
| 10 | Torrent Power Limited INE813H01021 | 4.13% |
| 11 | PB Fintech Limited INE417T01026 | 3.83% |
| 12 | HDFC Bank Limited INE040A01034 | 3.38% |
| 13 | Axis Bank Limited INE238A01034 | 3.26% |
| 14 | Infosys Limited INE009A01021 | 3.26% |
| 15 | Apar Industries Limited INE372A01015 | 3.24% |
| 16 | Pidilite Industries Limited INE318A01026 | 3.00% |
| 17 | Cummins India Limited INE298A01020 | 2.93% |
| 18 | InterGlobe Aviation Limited INE646L01027 | 2.89% |
| 19 | CG Power and Industrial Solutions Limited INE067A01029 | 2.73% |
| 20 | Hindustan Aeronautics Limited INE066F01020 | 2.63% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Axis Focused Fund hold?
Axis Focused Fund holds 28 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 31.24% of NAV.
What is the largest holding in Axis Focused Fund?
The largest position in Axis Focused Fund is Clearing Corporation of India Ltd, accounting for 7.67% of NAV.
Is Axis Focused Fund a concentrated or diversified fund?
With a Gini coefficient of 0.242, Axis Focused Fund is well-diversified. The HHI concentration index is 43,095 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 31.24% of the portfolio.
What is the market cap allocation of Axis Focused Fund?
Based on SEBI's AMFI classification, Axis Focused Fund's equity portfolio is split as: Large Cap: 77.15%, Mid Cap: 15.49%, Small Cap: 0.00%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Axis Focused Fund invest in most?
Axis Focused Fund has the highest allocation to Banks (18.75%), Finance (8.77%), Retailing (7.75%). The fund is invested across 20 sectors in total.
How actively managed is Axis Focused Fund compared to other Focused Fund funds?
Axis Focused Fund has an Active Share of 59.12%, classifying it as "Active Stock Picker" among 27 Focused Fund peers. This indicates a moderate level of differentiation from category peers.
What changed in Axis Focused Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Axis Focused Fund exited 1 stock (including Prestige Estates Projects Limited). Total holding count decreased from 30 to 29 stocks.