Axis Flexi Cap Fund - Growth

Regular

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.
Direct

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.

Category : Flexi Cap Fund

Equity Holding : 90.34% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 90.34%

No of Stocks : 59 (Category Avg - 62.72) | Large Cap Investments : 32.17%| Mid Cap Investments : 16.22% | Small Cap Investments : 9.98% | Other : 31.95%

Portfolio Summary (as on 28th Feb,2026)

Particulars	This Scheme	Category
No. of Stocks	59	62.33
Top 5 Stock Weight	26.99%	24.37%
Top 10 Stock Weight	42.68%	39.26%
Top 3 Sector Weight	29.71%	30.65%

Category - Flexi Cap Fund

Particulars	This Scheme	Category
Average mcap (Cr)	64061.44	87940.48
Holdings in large cap stocks	32.17%	39.58%
Holdings in mid cap stocks	16.22%	13.02%
Holdings in small cap stocks	9.98%	9.42%

Category - Flexi Cap Fund

Top 10 Stocks holding in Portfolio (as on 28th Feb,2026)

Stock Invested in	Sector	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	1M Change in Qty
# ICICI Bank Ltd.	Private sector bank	11978.3	9.31%	0.00%	9.6% (Apr 2025)	8.39% (Oct 2025)	86.87 L	0.00
# HDFC Bank Ltd.	Private sector bank	7533.7	5.85%	0.00%	7.83% (Jul 2025)	6.61% (Jan 2026)	84.86 L	-5.03 L
# Bharti Airtel Ltd.	Telecom - cellular & fixed line services	5574.8	4.33%	0.00%	5.16% (Dec 2025)	4.41% (Feb 2025)	29.66 L	0.00
# Bharat Electronics Ltd.	Aerospace & defense	5242.3	4.07%	0.00%	4.19% (Jan 2026)	2.61% (Feb 2025)	1.18 Cr	0.00
# Bajaj Finance Ltd.	Non banking financial company (nbfc)	4420.5	3.43%	0.00%	5.93% (Sep 2025)	3.09% (Jan 2026)	44.39 L	2.41 L
# Mahindra & Mahindra Ltd.	Passenger cars & utility vehicles	4095.8	3.18%	0.00%	3.81% (Nov 2025)	2.56% (Mar 2025)	12.06 L	-1.08 L
# Eternal Ltd.	E-retail/ e-commerce	4094.9	3.18%	0.00%	4.22% (Sep 2025)	2.21% (Mar 2025)	1.66 Cr	0.00
# Krishna Institute of Medical Sciences Ltd.	Hospital	4052.6	3.15%	0.00%	3.57% (Jul 2025)	2.6% (Jan 2026)	54.39 L	0.00
# Ultratech Cement Ltd.	Cement & cement products	4042.9	3.14%	0.00%	3.2% (Jan 2026)	2.79% (Nov 2025)	3.19 L	0.00
# Infosys Ltd.	Computers - software & consulting	3915.7	3.04%	0.00%	4.45% (Jan 2026)	3.15% (Oct 2025)	30.12 L	-4.16 L

- indicates change in weight in the portfolio. # indicates a new entry.

View complete holding

Complete equity Portfolio (as on 28th Feb,2026)

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Sector
M-Cap

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Stock Invested in	Sector	Sector Total	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	1M Change in Qty	M-Cap	GroupName
# ICICI Bank Ltd.	Private sector bank	18.34	11978.3	9.31%	0.00%	9.6% (Apr 2025)	8.39% (Oct 2025)	86.87 L	0.00	Large Cap	32.17
# HDFC Bank Ltd.	Private sector bank	18.34	7533.7	5.85%	0.00%	7.83% (Jul 2025)	6.61% (Jan 2026)	84.86 L	-5.03 L	Other	31.95
# Bharti Airtel Ltd.	Telecom - cellular & fixed line services	4.33	5574.8	4.33%	0.00%	5.16% (Dec 2025)	4.41% (Feb 2025)	29.66 L	0.00	Large Cap	32.17
# Bharat Electronics Ltd.	Aerospace & defense	5.37	5242.3	4.07%	0.00%	4.19% (Jan 2026)	2.61% (Feb 2025)	1.18 Cr	0.00	Mid Cap	16.22
# Bajaj Finance Ltd.	Non banking financial company (nbfc)	6	4420.5	3.43%	0.00%	5.93% (Sep 2025)	3.09% (Jan 2026)	44.39 L	2.41 L	Other	31.95
# Mahindra & Mahindra Ltd.	Passenger cars & utility vehicles	3.18	4095.8	3.18%	0.00%	3.81% (Nov 2025)	2.56% (Mar 2025)	12.06 L	-1.08 L	Large Cap	32.17
# Eternal Ltd.	E-retail/ e-commerce	3.9	4094.9	3.18%	0.00%	4.22% (Sep 2025)	2.21% (Mar 2025)	1.66 Cr	0.00	Other	31.95
# Krishna Institute of Medical Sciences Ltd.	Hospital	3.87	4052.6	3.15%	0.00%	3.57% (Jul 2025)	2.6% (Jan 2026)	54.39 L	0.00	Other	31.95
# Ultratech Cement Ltd.	Cement & cement products	3.14	4042.9	3.14%	0.00%	3.2% (Jan 2026)	2.79% (Nov 2025)	3.19 L	0.00	Large Cap	32.17
# Infosys Ltd.	Computers - software & consulting	3.04	3915.7	3.04%	0.00%	4.45% (Jan 2026)	3.15% (Oct 2025)	30.12 L	-4.16 L	Large Cap	32.17
# Apar Industries Ltd.	Other electrical equipment	2.61	3358	2.61%	0.00%	2.05% (Nov 2025)	1.35% (Apr 2025)	3.00 L	2.91 k	Small Cap	9.98
# Cholamandalam Investment & Finance Co. Ltd.	Non banking financial company (nbfc)	6	2799.9	2.18%	0.00%	2.35% (Oct 2025)	2.04% (Jul 2025)	16.18 L	-0.39 L	Other	31.95
# InterGlobe Aviation Ltd.	Airline	2.04	2620.4	2.04%	0.00%	3.04% (Nov 2025)	1.5% (Jan 2026)	5.43 L	1.31 L	Large Cap	32.17
# State Bank Of India	Public sector bank	1.94	2497.1	1.94%	0.00%	1.7% (Mar 2025)	0% (Feb 2025)	20.78 L	8.58 L	Large Cap	32.17
# Mankind Pharma Ltd.	Pharmaceuticals	3.74	2419.4	1.88%	0.00%	2.22% (Feb 2025)	1.81% (Jan 2026)	10.76 L	0.00	Other	31.95
# Prestige Estates Projects Ltd.	Residential, commercial projects	2.09	2311.5	1.80%	0.00%	2.17% (Oct 2025)	1.46% (Mar 2025)	16.59 L	0.00	Mid Cap	16.22
# PB Fintech Ltd.	Financial technology (fintech)	1.67	2107.2	1.64%	0.00%	2.02% (Dec 2025)	1.86% (Jan 2026)	14.22 L	0.00	Other	31.95
# Federal Bank Ltd.	Private sector bank	18.34	2092.7	1.63%	0.00%	1.45% (Jan 2026)	0% (Feb 2025)	69.79 L	6.12 L	Mid Cap	16.22
# GE T&D India Ltd.	Heavy electrical equipment	2.4	2087.6	1.62%	0.00%	1.54% (Sep 2025)	0.72% (Feb 2025)	5.42 L	0.00	Small Cap	9.98
# Torrent Power Ltd.	Integrated power utilities	1.61	2077	1.61%	0.00%	2.13% (Feb 2025)	1.25% (Sep 2025)	13.26 L	0.00	Mid Cap	16.22
# TVS Motor Company Ltd.	2/3 wheelers	1.57	2000.1	1.55%	0.00%	1.5% (Jan 2026)	1.03% (Feb 2025)	5.17 L	0.00	Mid Cap	16.22
# Axis Bank Ltd.	Private sector bank	18.34	1991.6	1.55%	0.00%	0.93% (Jan 2026)	0% (Feb 2025)	14.39 L	5.79 L	Large Cap	32.17
# Indian Hotels Company Limited	Hotels & resorts	1.7	1908.5	1.48%	0.00%	1.72% (May 2025)	1.44% (Apr 2025)	28.61 L	0.00	Mid Cap	16.22
# Sansera Engineering Ltd.	Auto components & equipments	2.84	1864.9	1.45%	0.00%	1.21% (Nov 2025)	0.81% (Apr 2025)	7.96 L	0.00	Other	31.95
# Motherson Sumi Systems Ltd.	Auto components & equipments	2.84	1793.2	1.39%	0.00%	1.24% (Dec 2025)	0.96% (Feb 2025)	1.34 Cr	0.00	Large Cap	32.17
# Trent Limited	Speciality retail	1.72	1781.1	1.38%	0.00%	3.76% (Jun 2025)	1.37% (Jan 2026)	4.57 L	0.00	Mid Cap	16.22
# L&T Finance Holdings Ltd.	Investment company	1.38	1779.4	1.38%	0.00%	1.42% (Dec 2025)	0.7% (May 2025)	62.67 L	4.02 L	Mid Cap	16.22
# Cummins India Ltd.	Compressors, pumps & diesel engines	1.32	1704.3	1.32%	0.00%	0.95% (Jan 2026)	0.61% (Apr 2025)	3.48 L	56.96 k	Mid Cap	16.22
# Titan Company Ltd.	Gems, jewellery and watches	1.22	1564.3	1.22%	0.00%	1.14% (Jan 2026)	0.92% (Mar 2025)	3.61 L	0.00	Large Cap	32.17
# TML Commercial Vehicles Ltd.	Commercial vehicles	1.18	1520.9	1.18%	0.00%	1.09% (Jan 2026)	0% (Feb 2025)	30.10 L	0.00	Other	31.95
# Fine Organic Industries Ltd.	Specialty chemicals	1.34	1428.1	1.11%	0.00%	1.23% (Jul 2025)	0.95% (Feb 2025)	3.03 L	0.00	Small Cap	9.98
# ICICI Prudential Life Insurance Co Ltd.	Life insurance	1.03	1320.6	1.03%	0.00%	1.04% (Dec 2025)	0% (Feb 2025)	20.18 L	0.00	Large Cap	32.17
# Navin Flourine International Ltd.	Commodity chemicals	1.02	1315.9	1.02%	0.00%	1.01% (Jan 2026)	0% (Feb 2025)	2.10 L	0.00	Small Cap	9.98
# Solar Industries India Ltd.	Explosives	1	1284	1.00%	0.00%	1.14% (Jun 2025)	0.67% (Feb 2025)	95.08 k	4.58 k	Small Cap	9.98
# Ipca Laboratories Ltd.	Pharmaceuticals	3.74	1274.6	0.99%	0.99%	0% (Mar 2026)	0% (Mar 2026)	8.34 L	8.34 L	Other	31.95
# Hindustan Aeronautics Ltd.	Aerospace & defense	5.37	1202.8	0.93%	0.00%	1.87% (May 2025)	1.24% (Feb 2025)	3.07 L	-1.36 L	Other	31.95
# Sai Life Sciences Ltd.	Petrochemicals	0.87	1119.6	0.87%	0.00%	0.78% (Dec 2025)	0.01% (May 2025)	11.22 L	0.00	Other	31.95
# CG Power and Industrial Solutions Ltd.	Heavy electrical equipment	2.4	1009.9	0.78%	0.00%	0.6% (Sep 2025)	0% (Feb 2025)	13.93 L	3.43 L	Small Cap	9.98
# KEI Industries Ltd.	Cables - electricals	0.76	980.5	0.76%	0.00%	0.66% (Dec 2025)	0.46% (Mar 2025)	1.93 L	0.00	Small Cap	9.98
# Ujjivan Small Finance Bank Ltd.	Other bank	0.76	976.7	0.76%	0.00%	0.75% (Jan 2026)	0% (Feb 2025)	1.68 Cr	23.20 L	Other	31.95
# FSN E-Commerce Ventures Ltd.	E-retail/ e-commerce	3.9	910.8	0.71%	0.00%	0.79% (Dec 2025)	0% (Feb 2025)	34.31 L	0.00	Other	31.95
# Onesource Specialty Pharma Ltd.	Pharmaceuticals	3.74	875	0.68%	0.00%	0.98% (Jul 2025)	0.43% (Feb 2025)	6.50 L	0.00	Other	31.95
# Dixon Technologies (India) Ltd.	Consumer electronics	0.5	639.1	0.50%	0.00%	0.96% (Feb 2025)	0.37% (Jan 2026)	60.70 k	15.80 k	Other	31.95
# Healthcare Global Enterprises Ltd.	Hospital	3.87	637.9	0.50%	0.00%	0.57% (Oct 2025)	0% (Feb 2025)	11.08 L	0.00	Small Cap	9.98
# Tata Capital Ltd.	Non banking financial company (nbfc)	6	503.6	0.39%	0.00%	0.41% (Jan 2026)	0% (Feb 2025)	15.10 L	0.00	Other	31.95
# Doms Industries Ltd.	Stationary	0.39	501.4	0.39%	0.00%	0.43% (Dec 2025)	0.32% (Jul 2025)	2.15 L	0.00	Other	31.95
# Azad Engineering Ltd.	Aerospace & defense	5.37	477.5	0.37%	0.00%	0.27% (Dec 2025)	0% (Feb 2025)	2.79 L	65.29 k	Other	31.95
# Arvind Fashions Ltd.	Speciality retail	1.72	439.4	0.34%	0.00%	0.42% (Jul 2025)	0.31% (Mar 2025)	9.98 L	0.00	Other	31.95
# Kaynes Technology India Private Ltd.	Industrial products	0.29	379.1	0.29%	0.00%	1.84% (Sep 2025)	0.27% (Jan 2026)	98.31 k	0.00	Other	31.95
# Sobha Ltd.	Residential, commercial projects	2.09	369.4	0.29%	0.00%	0.32% (Jul 2025)	0.27% (Mar 2025)	2.65 L	0.00	Small Cap	9.98
# Neogen Chemicals Ltd.	Specialty chemicals	1.34	298.7	0.23%	0.00%	0.32% (Feb 2025)	0.18% (Nov 2025)	2.04 L	-8.82 k	Other	31.95
# Brigade Hotel Ventures Ltd.	Hotels & resorts	1.7	285.7	0.22%	0.00%	0.32% (Aug 2025)	0% (Feb 2025)	47.04 L	0.00	Other	31.95
# Rainbow Childrens Medicare Ltd.	Hospital	3.87	283.1	0.22%	0.00%	0.9% (Aug 2025)	0.21% (Jan 2026)	2.38 L	0.00	Other	31.95
# Neuland Laboratories Ltd.	Pharmaceuticals	3.74	245.4	0.19%	0.00%	0.25% (Nov 2025)	0.17% (Jun 2025)	19.14 k	0.00	Small Cap	9.98
# Gokaldas Exports Ltd.	Garments & apparels	0.1	129.2	0.10%	0.00%	0.14% (Nov 2025)	0% (Feb 2025)	2.02 L	0.00	Small Cap	9.98
# Wakefit Innovations Ltd.	Furniture, home furnishing	0.06	80.5	0.06%	0.00%	0.06% (Jan 2026)	0% (Feb 2025)	4.31 L	0.00	Other	31.95
# One Mobikwik Systems Ltd.	Financial technology (fintech)	1.67	41.3	0.03%	0.00%	0.1% (Mar 2025)	0.03% (Jan 2026)	2.10 L	0.00	Other	31.95
# TVS Motor Company Ltd. - Preference Shares	2/3 wheelers	1.57	21.2	0.02%	0.00%	0% (Mar 2026)	0% (Mar 2026)	20.67 L	0.00	Other	31.95
# Meesho Ltd.	E-retail/ e-commerce	3.9	17.5	0.01%	0.00%	0.02% (Dec 2025)	0% (Feb 2025)	1.09 L	0.00	Other	31.95
Suven Pharmaceuticals Ltd.	Pharmaceuticals	3.74	254.9	0.00%	-0.20%	-	-	-	-	Other	31.95
Tata Consultancy Services Ltd.	Computers - software & consulting	3.04	2208.6	0.00%	-1.75%	-	-	-	-	Large Cap	32.17

- indicates change in weight in the portfolio. # indicates a new entry.

New Stocks added in Portfolio (in 1 month period ending 28th Feb,2026)

Stock Invested in	Sector	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	1M Change in Qty
# Ipca Laboratories Ltd.	Pharmaceuticals	1274.6	0.99%	0.99%	0% (Mar 2026)	0% (Mar 2026)	8.34 L	833679

Stocks removed from Portfolio (in 1 month period ending 28th Feb,2026)

Stock Invested in	Sector	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	1M Change in Qty
Suven Pharmaceuticals Ltd.	Pharmaceuticals	254.9	0.00%	-0.20%	0.45% (Sep 2025)	0% (Feb 2025)	0.00	-668498
Tata Consultancy Services Ltd.	Computers - software & consulting	2208.6	0.00%	-1.75%	2.73% (Feb 2025)	1.24% (Sep 2025)	0.00	-707013

Trend in stock holdings (Top 15 Holding)

Stock	Feb 2026	Jan 2026	Dec 2025	Nov 2025	Oct 2025	Sep 2025	Aug 2025	Jul 2025	Jun 2025	May 2025	Apr 2025	Mar 2025	Feb 2025
ICICI Bank Ltd.	9.31%	9.31%	17.91%	9.09%	8.39%	8.66%	9.08%	9.41%	9.02%	9.37%	9.60%	9.31%	9.00%
HDFC Bank Ltd.	5.85%	6.61%	15.45%	7.70%	7.52%	7.46%	7.55%	7.83%	7.63%	7.70%	7.78%	7.10%	7.28%
Bajaj Finance Ltd.	3.43%	3.09%	7.81%	5.91%	5.92%	5.93%	5.15%	5.06%	5.39%	5.49%	5.26%	5.46%	5.47%
Bharti Airtel Ltd.	4.33%	4.62%	10.32%	5.05%	4.92%	4.64%	4.71%	4.67%	4.82%	4.62%	4.71%	4.49%	4.41%
Infosys Ltd.	3.04%	4.45%	8.50%	3.33%	3.15%	3.16%	3.25%	3.27%	3.41%	3.45%	3.44%	3.70%	4.30%
Eternal Ltd.	3.18%	3.60%	7.48%	3.96%	4.18%	4.22%	3.60%	3.20%	2.70%	2.53%	2.48%	4.42%	-
Zomato Ltd.	-	-	-	-	-	-	-	-	-	-	-	-	2.32%
Bharat Electronics Ltd.	4.07%	4.19%	7.23%	3.66%	3.77%	3.68%	3.40%	3.45%	3.73%	3.54%	3.00%	2.95%	2.61%
Mahindra & Mahindra Ltd.	3.18%	3.57%	7.48%	3.81%	3.53%	3.57%	3.37%	3.30%	2.90%	2.82%	2.75%	2.56%	2.69%
Krishna Institute of Medical Sciences Ltd.	3.15%	2.60%	5.47%	3.21%	3.37%	3.37%	3.52%	3.57%	3.17%	3.35%	3.21%	3.21%	2.83%
Ultratech Cement Ltd.	3.14%	3.20%	5.77%	2.79%	2.86%	3.01%	3.15%	2.99%	2.90%	2.79%	3.01%	3.05%	2.91%
InterGlobe Aviation Ltd.	2.04%	1.50%	3.86%	3.04%	2.89%	2.96%	3.02%	2.87%	2.85%	2.64%	2.70%	2.90%	2.75%
Trent Limited	1.38%	1.37%	3.00%	1.46%	1.61%	1.65%	3.02%	2.80%	3.76%	3.54%	3.37%	3.56%	3.52%
Cholamandalam Investment & Finance Co. Ltd.	2.18%	2.14%	4.49%	2.25%	2.35%	2.30%	2.05%	2.04%	2.26%	2.30%	2.23%	2.33%	2.33%
Mankind Pharma Ltd.	1.88%	1.81%	3.63%	1.83%	1.93%	2.03%	2.08%	2.11%	1.88%	2.07%	2.15%	2.17%	2.22%