Axis Value Fund
Axis Value Fund remains heavily anchored in financial services, with banks dominating at nearly 23% alongside complementary finance holdings, reflecting conviction in a resilient lending cycle. The manager's recent portfolio churn—trimming retail and discretionary plays while adding diversified value plays across power, appliances, and spirits—signals a tactical shift away from consumer cyclicality toward more defensive, cash-generative sectors. The modest cash buffer and concentrated top-10 weighting suggest confidence in these core holdings to deliver compounding returns despite macro uncertainty.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹20.0000 | — | — | — | — |
| Regular Growth | ₹18.7300 | +0.32% | +4.00% | +20.11% | — |
| Direct IDCW | ₹16.8100 | — | — | — | — |
| Regular IDCW | ₹15.7600 | — | — | — | — |
Portfolio Metrics(latest month)
vs Category Peers
Balanced ApproachActive 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 |
|---|---|
| Amber Enterprises India Limited | 0.69% |
| Radico Khaitan Limited | 0.60% |
| Blue Star Limited | 0.43% |
| Malco Energy Limited | 0.18% |
| Talwandi Sabo Power Limited | 0.18% |
| Vedanta Aluminium Metal Limited | 0.18% |
| Vedanta Iron And Steel Limited | 0.18% |
| Triveni Turbine Limited | 0.14% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Clearing Corporation of India Ltd | 6.04% |
| 2 | ICICI Bank Limited INE090A01021 | 5.31% |
| 3 | HDFC Bank Limited INE040A01034 | 4.62% |
| 4 | Reliance Industries Limited INE002A01018 | 4.30% |
| 5 | State Bank of India INE062A01020 | 3.39% |
| 6 | NTPC Limited INE733E01010 | 3.28% |
| 7 | Bharti Airtel Limited INE397D01024 | 2.91% |
| 8 | Shriram Finance Limited INE721A01047 | 2.59% |
| 9 | Larsen & Toubro Limited INE018A01030 | 2.53% |
| 10 | Infosys Limited INE009A01021 | 2.48% |
| 11 | Mahindra & Mahindra Limited INE101A01026 | 2.00% |
| 12 | Sona BLW Precision Forgings Limited INE073K01018 | 1.85% |
| 13 | Sun Pharmaceutical Industries Limited INE044A01036 | 1.82% |
| 14 | Bharat Heavy Electricals Limited INE257A01026 | 1.81% |
| 15 | Tech Mahindra Limited INE669C01036 | 1.71% |
| 16 | Multi Commodity Exchange of India Limited INE745G01043 | 1.65% |
| 17 | Varun Beverages Limited INE200M01039 | 1.61% |
| 18 | Bharat Electronics Limited INE263A01024 | 1.59% |
| 19 | PNB Housing Finance Limited INE572E01012 | 1.49% |
| 20 | Apar Industries Limited INE372A01015 | 1.42% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Axis Value Fund hold?
Axis Value Fund holds 93 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 23.66% of NAV.
What is the largest holding in Axis Value Fund?
The largest position in Axis Value Fund is Clearing Corporation of India Ltd, accounting for 6.04% of NAV.
Is Axis Value Fund a concentrated or diversified fund?
With a Gini coefficient of 0.475, Axis Value Fund is moderately concentrated. The HHI concentration index is 22,151 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 23.66% of the portfolio.
What is the market cap allocation of Axis Value Fund?
Based on SEBI's AMFI classification, Axis Value Fund's equity portfolio is split as: Large Cap: 55.93%, Mid Cap: 17.35%, Small Cap: 17.17%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Axis Value Fund invest in most?
Axis Value Fund has the highest allocation to Banks (22.93%), Finance (6.64%), Electrical Equipment (6.40%). The fund is invested across 32 sectors in total.
How actively managed is Axis Value Fund compared to other Value Fund funds?
Axis Value Fund has an Active Share of 49.87%, classifying it as "Balanced Approach" among 19 Value Fund peers. This indicates a moderate level of differentiation from category peers.
What changed in Axis Value Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Axis Value Fund added 8 new stocks (including Amber Enterprises India Limited) and exited 6 stocks (including Vishal Mega Mart Limited). Total holding count increased from 92 to 94 stocks.