Axis Quant Fund
Axis Mutual Fund·Sectoral / Thematic·vs Nifty 500 TRI
Axis Quant Fund has dramatically repositioned toward cyclical recovery, aggressively raising exposure to automobiles and power infrastructure while nearly eliminating banking giants like SBI and HDFC Bank. The Adani group now anchors the portfolio at nearly 12% combined weight, signaling strong conviction in energy transition and logistics plays. The sharp reduction in receivables and decisive sector rotations suggest the manager is betting heavily on industrial and consumption revival over financial sector stability.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Direct Growth | ₹16.3900 | — | — | — | — | — | — |
| Regular Growth | ₹15.1700 | +0.66% | -4.71% | -5.25% | -0.98% | +9.99% | — |
| Direct IDCW | ₹16.3900 | — | — | — | — | — | — |
| Regular IDCW | ₹15.1700 | — | — | — | — | — | — |
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.
Portfolio Metrics(latest month)
Holdings
27
Top 5 Weight
24.47%
Top 10 Weight
42.04%
Active Share
—
Large Cap
78.01%
Gini
0.121
What Changed2026-03-31 → 2026-04-30
Holdings: 56 → 28+4 added−32 removed23 weight shifts ≥ 0.1%
| Stock | Weight |
|---|---|
| CG Power and Industrial Solutions Limited | 3.61% |
| Jindal Steel Limited | 3.20% |
| Bajaj Finserv Limited | 3.18% |
| 364 Days Tbill (MD 16/07/2026) | 9.01% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | 364 Days Tbill (MD 16/07/2026) IN002025Z161 | 9.01% |
| 2 | Adani Energy Solutions Limited INE931S01010 | 4.05% |
| 3 | Adani Enterprises Limited INE423A01024 | 3.90% |
| 4 | Eicher Motors Limited INE066A01021 | 3.82% |
| 5 | Bank of Baroda INE028A01039 | 3.69% |
| 6 | TVS Motor Company Limited INE494B01023 | 3.61% |
| 7 | CG Power and Industrial Solutions Limited INE067A01029 | 3.61% |
| 8 | Adani Ports and Special Economic Zone Limited INE742F01042 | 3.61% |
| 9 | Samvardhana Motherson International Limited INE775A01035 | 3.38% |
| 10 | Tata Motors Passenger Vehicles Limited INE155A01022 | 3.36% |
| 11 | Power Finance Corporation Limited INE134E01011 | 3.32% |
| 12 | DLF Limited INE271C01023 | 3.30% |
| 13 | JSW Steel Limited INE019A01038 | 3.29% |
| 14 | REC Limited INE020B01018 | 3.28% |
| 15 | Larsen & Toubro Limited INE018A01030 | 3.27% |
| 16 | Tata Steel Limited INE081A01020 | 3.26% |
| 17 | Bajaj Finance Limited INE296A01032 | 3.26% |
| 18 | Bosch Limited INE323A01026 | 3.23% |
| 19 | Eternal Limited INE758T01015 | 3.23% |
| 20 | Jindal Steel Limited INE749A01030 | 3.20% |
Sector Allocation
Finance19.3%
Automobiles13.9%
Ferrous Metals9.8%
Sovereign9.0%
Auto Components6.6%
Power4.0%
Metals & Minerals Trading3.9%
Banks3.7%
Electrical Equipment3.6%
Transport Infrastructure3.6%
Top 10 sectors by % to NAV. Excludes derivatives.