Axis Large & Mid 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.

Equity Holding : 91.32% | F&O Holdings : 0.00%| Foreign Equity Holdings : 5.19%| Total : 96.51%

No of Stocks : 112 (Category Avg - 77.82) | Large Cap Investments : 31.93%| Mid Cap Investments : 17.94% | Small Cap Investments : 10.74% | Other : 35.92%

Portfolio Summary (as on 30th Nov,2025)

Particulars	This Scheme	Category
No. of Stocks	112	76.09
Top 5 Stock Weight	18.82%	20.24%
Top 10 Stock Weight	28.28%	33.15%
Top 3 Sector Weight	26.46%	27.7%

Category - Large & Mid Cap Fund

Particulars	This Scheme	Category
Average mcap (Cr)	80634.87	75719.19
Holdings in large cap stocks	31.93%	33.02%
Holdings in mid cap stocks	17.94%	21.61%
Holdings in small cap stocks	10.74%	11.32%

Category - Large & Mid Cap Fund

Top 10 Stocks holding in Portfolio (as on 30th Nov,2025)

Stock Invested in	Sector	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	1M Change in Qty
# HDFC Bank Ltd.	Private sector bank	9644.9	6.18%	0.00%	7.96% (Apr 2025)	3.26% (Nov 2024)	95.72 L	-4.00 L
# ICICI Bank Ltd.	Private sector bank	6526.5	4.18%	0.00%	5.22% (Apr 2025)	3.49% (Dec 2024)	46.99 L	-3.00 L
# Reliance Industries Ltd.	Refineries & marketing	5871.1	3.76%	0.00%	3.8% (Apr 2025)	1.74% (Dec 2024)	37.46 L	0.00
# Bharti Airtel Ltd.	Telecom - cellular & fixed line services	3768.9	2.42%	0.00%	2.91% (Apr 2025)	1.76% (Nov 2024)	17.93 L	0.00
# Bajaj Finance Ltd.	Non banking financial company (nbfc)	3559.7	2.28%	0.00%	2.32% (Oct 2025)	1.1% (Nov 2024)	34.31 L	0.00
# Torrent Power Ltd.	Integrated power utilities	3153.8	2.02%	0.00%	3.84% (Jan 2025)	2.1% (Oct 2025)	23.99 L	-0.63 L
# Larsen & Toubro Ltd.	Civil construction	3044.1	1.95%	0.00%	1.7% (Oct 2025)	1.46% (Apr 2025)	7.48 L	95.47 k
# Federal Bank Ltd.	Private sector bank	3009	1.93%	0.00%	1.79% (Oct 2025)	1.26% (Jan 2025)	1.17 Cr	0.00
# State Bank Of India	Public sector bank	2813.7	1.80%	0.00%	1.74% (Oct 2025)	1.42% (Dec 2024)	28.74 L	0.00
# Eternal Ltd.	E-retail/ e-commerce	2741.4	1.76%	0.00%	2.08% (Oct 2025)	0.81% (Mar 2025)	91.35 L	-0.10 Cr

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

View complete holding

Complete equity Portfolio (as on 30th Nov,2025)

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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
# HDFC Bank Ltd.	Private sector bank	14.21	9644.9	6.18%	0.00%	7.96% (Apr 2025)	3.26% (Nov 2024)	95.72 L	-4.00 L	Other	35.92
# ICICI Bank Ltd.	Private sector bank	14.21	6526.5	4.18%	0.00%	5.22% (Apr 2025)	3.49% (Dec 2024)	46.99 L	-3.00 L	Large Cap	31.93
# Reliance Industries Ltd.	Refineries & marketing	3.76	5871.1	3.76%	0.00%	3.8% (Apr 2025)	1.74% (Dec 2024)	37.46 L	0.00	Large Cap	31.93
# Bharti Airtel Ltd.	Telecom - cellular & fixed line services	2.42	3768.9	2.42%	0.00%	2.91% (Apr 2025)	1.76% (Nov 2024)	17.93 L	0.00	Large Cap	31.93
# Bajaj Finance Ltd.	Non banking financial company (nbfc)	6.31	3559.7	2.28%	0.00%	2.32% (Oct 2025)	1.1% (Nov 2024)	34.31 L	0.00	Other	35.92
# Torrent Power Ltd.	Integrated power utilities	2.02	3153.8	2.02%	0.00%	3.84% (Jan 2025)	2.1% (Oct 2025)	23.99 L	-0.63 L	Mid Cap	17.94
# Larsen & Toubro Ltd.	Civil construction	1.95	3044.1	1.95%	0.00%	1.7% (Oct 2025)	1.46% (Apr 2025)	7.48 L	95.47 k	Large Cap	31.93
# Federal Bank Ltd.	Private sector bank	14.21	3009	1.93%	0.00%	1.79% (Oct 2025)	1.26% (Jan 2025)	1.17 Cr	0.00	Mid Cap	17.94
# State Bank Of India	Public sector bank	2.91	2813.7	1.80%	0.00%	1.74% (Oct 2025)	1.42% (Dec 2024)	28.74 L	0.00	Large Cap	31.93
# Eternal Ltd.	E-retail/ e-commerce	2.3	2741.4	1.76%	0.00%	2.08% (Oct 2025)	0.81% (Mar 2025)	91.35 L	-0.10 Cr	Other	35.92
# Mahindra & Mahindra Ltd.	Passenger cars & utility vehicles	3.16	2728.7	1.75%	0.00%	1.67% (Sep 2025)	0.84% (Mar 2025)	7.26 L	0.00	Large Cap	31.93
# Infosys Ltd.	Computers - software & consulting	5.94	2624.9	1.68%	0.00%	2.8% (Jan 2025)	1.61% (Apr 2025)	16.83 L	0.00	Large Cap	31.93
# Multi Commodity Exchange Of India Ltd.	Exchange and data platform	1.62	2529.1	1.62%	0.00%	1.5% (Oct 2025)	0.5% (Mar 2025)	2.51 L	0.00	Small Cap	10.74
# Divis Laboratories Ltd.	Pharmaceuticals	5.13	2463.6	1.58%	0.00%	1.66% (Nov 2024)	1.13% (Sep 2025)	3.80 L	63.25 k	Large Cap	31.93
# Fortis Healthcare Ltd.	Hospital	2.12	2412.3	1.55%	0.00%	2.27% (Oct 2025)	1.12% (Nov 2024)	26.25 L	-8.00 L	Other	35.92
# Coforge Ltd.	Computers - software & consulting	5.94	2403.4	1.54%	0.00%	1.72% (Dec 2024)	0.84% (Apr 2025)	12.59 L	60.00 k	Other	35.92
# Shriram Finance Ltd.	Non banking financial company (nbfc)	6.31	2340.2	1.50%	0.00%	0.33% (Oct 2025)	0% (Nov 2024)	27.48 L	20.74 L	Other	35.92
# Kotak Mahindra Bank Ltd.	Private sector bank	14.21	2092.8	1.34%	0.00%	1.34% (Oct 2025)	0% (Nov 2024)	9.85 L	0.00	Large Cap	31.93
# GE T&D India Ltd.	Heavy electrical equipment	3.93	1981.3	1.27%	0.00%	2.36% (Sep 2025)	1.08% (Nov 2024)	6.88 L	-5.00 L	Small Cap	10.74
# Dixon Technologies (India) Ltd.	Consumer electronics	1.4	1866.5	1.20%	0.00%	1.51% (Jan 2025)	0.9% (May 2025)	1.28 L	0.00	Other	35.92
# Vishal Mega Mart Ltd.	Diversified retail	1.77	1787.9	1.15%	0.00%	1.48% (Jul 2025)	0% (Nov 2024)	1.32 Cr	0.00	Other	35.92
# CG Power and Industrial Solutions Ltd.	Heavy electrical equipment	3.93	1743.9	1.12%	0.00%	2.57% (Nov 2024)	1.46% (Jul 2025)	25.92 L	-7.68 L	Small Cap	10.74
# Indian Bank	Public sector bank	2.91	1728.9	1.11%	0.00%	1.12% (Sep 2025)	0.52% (Dec 2024)	19.87 L	0.00	Mid Cap	17.94
# Bharat Electronics Ltd.	Aerospace & defense	1.21	1664.3	1.07%	0.00%	1.24% (Jun 2025)	0.86% (Aug 2025)	40.42 L	0.00	Mid Cap	17.94
# Mphasis Ltd.	Computers - software & consulting	5.94	1656.4	1.06%	0.00%	1.12% (Aug 2025)	0.51% (Feb 2025)	5.89 L	0.00	Mid Cap	17.94
# InterGlobe Aviation Ltd.	Airline	1.04	1623.1	1.04%	0.00%	1.36% (Aug 2025)	1% (Oct 2025)	2.75 L	0.00	Large Cap	31.93
# Cummins India Ltd.	Compressors, pumps & diesel engines	1.03	1614.3	1.03%	0.00%	1.26% (Oct 2025)	0% (Nov 2024)	3.60 L	-0.87 L	Mid Cap	17.94
# Persistent Systems Ltd.	Computers - software & consulting	5.94	1598.6	1.02%	0.00%	2.13% (Dec 2024)	0.81% (Sep 2025)	2.52 L	0.00	Other	35.92
# Premier Energies Ltd.	Other electrical equipment	1.88	1586.8	1.02%	0.00%	1.15% (Oct 2025)	0.48% (Nov 2024)	16.26 L	0.00	Other	35.92
# Solar Industries India Ltd.	Explosives	1.01	1581	1.01%	0.00%	1.42% (Jun 2025)	0% (Nov 2024)	1.19 L	13.65 k	Small Cap	10.74
# HDFC Asset Management Co. Ltd.	Asset management company	1.01	1578.2	1.01%	0.00%	1.2% (Jul 2025)	0.71% (Feb 2025)	5.90 L	2.75 L	Large Cap	31.93
# Bharat Heavy Electricals Ltd.	Heavy electrical equipment	3.93	1557.3	1.00%	0.00%	0.55% (Oct 2025)	0% (Nov 2024)	53.54 L	21.50 L	Mid Cap	17.94
# UNO Minda Ltd.	Auto components & equipments	3.22	1533	0.98%	0.00%	1.07% (Sep 2025)	0.53% (Apr 2025)	11.73 L	0.00	Small Cap	10.74
# Mankind Pharma Ltd.	Pharmaceuticals	5.13	1529.9	0.98%	0.00%	1.18% (Jul 2025)	0.57% (Nov 2024)	6.80 L	0.00	Other	35.92
# Indian Hotels Company Limited	Hotels & resorts	1.57	1528.6	0.98%	0.00%	1.87% (Dec 2024)	1.23% (Oct 2025)	20.54 L	-5.00 L	Mid Cap	17.94
# Alphabet Inc	Foreign equity	4.92	1458.8	0.93%	0.00%	0.82% (Oct 2025)	0.21% (Apr 2025)	50.93 k	0.00	Other	35.92
# TVS Motor Company Ltd.	2/3 wheelers	0.94	1458.5	0.93%	0.00%	0.95% (Sep 2025)	0.32% (Dec 2024)	4.13 L	0.00	Mid Cap	17.94
# PB Fintech Ltd.	Financial technology (fintech)	0.93	1454.2	0.93%	0.00%	1.2% (Dec 2024)	0.8% (Nov 2024)	7.99 L	0.00	Other	35.92
# Pidilite Industries Ltd.	Specialty chemicals	0.93	1450.9	0.93%	0.00%	1.09% (Apr 2025)	0.78% (Dec 2024)	9.87 L	0.00	Large Cap	31.93
# Schaeffler India Ltd.	Auto components & equipments	3.22	1445.9	0.93%	0.00%	1.05% (Sep 2025)	0.69% (Feb 2025)	3.71 L	0.00	Other	35.92
# Torrent Pharmaceuticals Ltd.	Pharmaceuticals	5.13	1440.5	0.92%	0.00%	0.79% (Jul 2025)	0.5% (May 2025)	3.87 L	75.00 k	Mid Cap	17.94
# Au Small Finance Bank Ltd.	Other bank	0.91	1417.4	0.91%	0.00%	0.62% (Oct 2025)	0% (Nov 2024)	14.84 L	4.00 L	Mid Cap	17.94
# Phoenix Mills Ltd.	Residential, commercial projects	1.79	1411.2	0.90%	0.00%	1.04% (Mar 2025)	0.76% (Jul 2025)	8.13 L	56.20 k	Small Cap	10.74
# Blue Star Ltd.	Household appliances	0.9	1396.9	0.90%	0.00%	1.01% (Aug 2025)	0% (Nov 2024)	7.91 L	0.00	Small Cap	10.74
# Apar Industries Ltd.	Other electrical equipment	1.88	1336.6	0.86%	0.00%	0.88% (Jul 2025)	0.16% (Apr 2025)	1.46 L	0.00	Small Cap	10.74
# Sundaram Finance Limited	Non banking financial company (nbfc)	6.31	1305.3	0.84%	0.00%	1.05% (Apr 2025)	0.78% (Nov 2024)	2.76 L	0.00	Mid Cap	17.94
# Jubilant Foodworks Ltd.	Restaurants	0.83	1288.2	0.83%	0.00%	1.11% (Apr 2025)	0.29% (Nov 2024)	21.42 L	0.00	Other	35.92
# Hyundai Motor India Ltd.	Passenger cars & utility vehicles	3.16	1234.4	0.79%	0.00%	0.92% (Sep 2025)	0% (Nov 2024)	5.31 L	0.00	Other	35.92
# Ultratech Cement Ltd.	Cement & cement products	0.73	1142.5	0.73%	0.00%	0.85% (Aug 2025)	0% (Nov 2024)	98.49 k	0.00	Large Cap	31.93
# Sona BLW Precision Forgings Ltd.	Auto components & equipments	3.22	1115.6	0.71%	0.00%	1.34% (Nov 2024)	0.45% (Sep 2025)	21.80 L	4.76 L	Other	35.92
# Prestige Estates Projects Ltd.	Residential, commercial projects	1.79	1070	0.69%	0.00%	0.74% (Dec 2024)	0.55% (Feb 2025)	6.38 L	0.00	Mid Cap	17.94
# ITC Limited	Diversified fmcg	1.08	1052.6	0.67%	0.00%	1.12% (Jan 2025)	0.7% (Sep 2025)	26.04 L	0.00	Large Cap	31.93
# Lupin Ltd.	Pharmaceuticals	5.13	1008.8	0.65%	0.00%	1.06% (Dec 2024)	0.34% (Nov 2024)	4.84 L	0.00	Large Cap	31.93
# Cholamandalam Investment & Finance Co. Ltd.	Non banking financial company (nbfc)	6.31	1000.3	0.64%	0.00%	1.38% (Nov 2024)	0.56% (Aug 2025)	5.76 L	0.00	Other	35.92
# Tech Mahindra Ltd.	Computers - software & consulting	5.94	991.9	0.64%	0.00%	0.97% (Jun 2025)	0.6% (Oct 2025)	6.54 L	0.00	Large Cap	31.93
# L&T Finance Holdings Ltd.	Investment company	0.62	974.2	0.62%	0.00%	0.55% (Oct 2025)	0% (Nov 2024)	31.19 L	0.00	Mid Cap	17.94
# Maruti Suzuki India Ltd.	Passenger cars & utility vehicles	3.16	973.7	0.62%	0.00%	0.66% (Sep 2025)	0% (Nov 2024)	61.24 k	0.00	Large Cap	31.93
# Avenue Supermarts Ltd.	Diversified retail	1.77	960.3	0.62%	0.00%	0.95% (Aug 2025)	0% (Nov 2024)	2.40 L	-0.12 L	Large Cap	31.93
# Berger Paints India Ltd.	Paints	0.61	957.1	0.61%	0.00%	0.7% (May 2025)	0.12% (Dec 2024)	16.95 L	0.00	Large Cap	31.93
# Minda Corporation Ltd.	Auto components & equipments	3.22	940.8	0.60%	0.00%	0.68% (Jan 2025)	0.55% (Jul 2025)	16.19 L	0.00	Small Cap	10.74
# Vijaya Diagnostic Centre Ltd.	Healthcare service provider	0.6	935.8	0.60%	0.00%	0.79% (Nov 2024)	0.6% (Oct 2025)	9.38 L	0.00	Other	35.92
# Coromandel International Ltd.	Fertilizers	0.6	934.1	0.60%	0.00%	0.98% (Jul 2025)	0% (Nov 2024)	3.92 L	0.00	Mid Cap	17.94
# Titan Company Ltd.	Gems, jewellery and watches	0.6	932.8	0.60%	0.00%	0.59% (Apr 2025)	0% (Nov 2024)	2.39 L	0.00	Large Cap	31.93
# ITC Hotels Ltd	Hotels & resorts	1.57	918.6	0.59%	0.00%	0.71% (Aug 2025)	0% (Nov 2024)	44.01 L	0.00	Other	35.92
# Sun Pharmaceutical Industries Ltd.	Pharmaceuticals	5.13	912.3	0.58%	0.00%	1.11% (Dec 2024)	0.53% (Sep 2025)	4.98 L	0.00	Large Cap	31.93
# RBL Bank Ltd.	Private sector bank	14.21	909.6	0.58%	0.00%	0.38% (Oct 2025)	0% (Nov 2024)	29.12 L	11.31 L	Mid Cap	17.94
# Apollo Hospitals Enterprises Ltd.	Hospital	2.12	896.9	0.57%	0.00%	0.63% (Aug 2025)	0.14% (Nov 2024)	1.22 L	0.00	Mid Cap	17.94
# Hitachi Energy India Ltd.	Heavy electrical equipment	3.93	845.9	0.54%	0.00%	0.72% (Jul 2025)	0% (Nov 2024)	38.35 k	0.00	Other	35.92
# Indus Towers Ltd.	Telecom - infrastructure	0.54	835.1	0.54%	0.54%	0.29% (Apr 2025)	0% (Nov 2024)	20.82 L	20.82 L	Large Cap	31.93
# FSN E-Commerce Ventures Ltd.	E-retail/ e-commerce	2.3	835	0.54%	0.00%	0.5% (Oct 2025)	0% (Nov 2024)	31.24 L	0.00	Other	35.92
# Taiwan Semiconductor Manufacturing Co Ltd.	Foreign equity	4.92	828.7	0.53%	0.00%	0% (Dec 2025)	0% (Dec 2025)	31.78 k	0.00	Other	35.92
# KEI Industries Ltd.	Cables - electricals	0.52	816.6	0.52%	0.00%	1.04% (Dec 2024)	0.47% (Mar 2025)	1.97 L	0.00	Small Cap	10.74
# Hindalco Industries Ltd.	Aluminium	0.52	808.4	0.52%	0.00%	0.38% (Oct 2025)	0.04% (Jan 2025)	10.00 L	3.00 L	Large Cap	31.93
# Varun Beverages Ltd.	Other beverages	0.51	792.6	0.51%	0.00%	0.89% (Apr 2025)	0.46% (Feb 2025)	16.46 L	0.00	Other	35.92
# HDFC Life Insurance Company Ltd.	Life insurance	0.49	760.1	0.49%	0.00%	0.54% (Apr 2025)	0.44% (Dec 2024)	9.94 L	0.00	Large Cap	31.93
# Linde India Ltd.	Industrial gases	0.46	715.6	0.46%	0.00%	0.99% (May 2025)	0.61% (Oct 2025)	1.20 L	-0.37 L	Small Cap	10.74
# TJX ORD	Foreign equity	4.92	671.6	0.43%	0.00%	0.46% (Feb 2025)	0.37% (Jun 2025)	49.42 k	0.00	Other	35.92
# Boston Scientific Corp	Foreign equity	4.92	667.5	0.43%	0.00%	0.49% (Aug 2025)	0.35% (Apr 2025)	73.45 k	0.00	Other	35.92
# Hindustan Unilever Ltd.	Diversified fmcg	1.08	641.3	0.41%	0.00%	0.25% (Sep 2025)	0% (Nov 2024)	2.60 L	1.11 L	Large Cap	31.93
# Booking Holdings Inc	Foreign equity	4.92	641	0.41%	0.00%	0.52% (Aug 2025)	0.27% (Apr 2025)	1.46 k	0.00	Other	35.92
# Mahindra & Mahindra Financial Services Ltd.	Non banking financial company (nbfc)	6.31	634.1	0.41%	0.41%	0% (Dec 2025)	0% (Dec 2025)	17.05 L	17.05 L	Mid Cap	17.94
# Kaynes Technology India Private Ltd.	Industrial products	0.77	618.2	0.40%	0.00%	1.01% (Sep 2025)	0% (Nov 2024)	1.13 L	-0.26 L	Other	35.92
# Microsoft Corp	Foreign equity	4.92	593.2	0.38%	0.00%	0.91% (Nov 2024)	0% (Nov 2024)	13.48 k	0.00	Other	35.92
# Jyoti CNC Automation Ltd.	Industrial products	0.77	583.3	0.37%	0.00%	0.44% (Dec 2024)	0.29% (Feb 2025)	5.77 L	0.00	Other	35.92
# Tata Steel Ltd.	Iron & steel products	0.32	501.5	0.32%	0.00%	0.35% (Oct 2025)	0% (Nov 2024)	29.86 L	0.00	Other	35.92
# Colgate - Palmolive (India) Limited	Personal care	0.81	494.3	0.32%	0.00%	0.44% (Nov 2024)	0.09% (Jul 2025)	2.28 L	0.00	Large Cap	31.93
# SBI Cards and Payment Services Ltd.	Non banking financial company (nbfc)	6.31	493.8	0.32%	0.00%	0.32% (Oct 2025)	0% (Nov 2024)	5.61 L	0.00	Other	35.92
# Uber Technologies Inc	Foreign equity	4.92	480.6	0.31%	0.00%	0.41% (Feb 2025)	0.24% (Apr 2025)	61.38 k	0.00	Other	35.92
# CreditAccess Grameen Ltd.	Microfinance institutions	0.3	471.9	0.30%	0.00%	0.4% (Jan 2025)	0.28% (May 2025)	3.53 L	0.00	Small Cap	10.74
# Dabur India Ltd.	Personal care	0.81	465.7	0.30%	0.30%	0% (Dec 2025)	0% (Dec 2025)	9.00 L	9.00 L	Large Cap	31.93
# Gland Pharma Ltd.	Pharmaceuticals	5.13	454.5	0.29%	0.00%	0.36% (Jul 2025)	0% (Nov 2024)	2.58 L	0.00	Other	35.92
# Supreme Industries Ltd.	Plastic products - industrial	0.29	445.6	0.29%	0.00%	0.6% (Nov 2024)	0.27% (Apr 2025)	1.31 L	0.00	Mid Cap	17.94
# Netflix	Foreign equity	4.92	428.7	0.27%	0.00%	0.6% (Jun 2025)	0.29% (Oct 2025)	44.55 k	40.10 k	Other	35.92
# Sap Se	It enabled services	0.27	424.1	0.27%	0.00%	0.48% (Feb 2025)	0.29% (Oct 2025)	19.61 k	0.00	Other	35.92
# Parker-Hannifin Corp	Foreign equity	4.92	413.9	0.27%	0.00%	0.44% (Feb 2025)	0.23% (Apr 2025)	5.37 k	0.00	Other	35.92
# Facebook	Foreign equity	4.92	405.3	0.26%	0.00%	0.72% (Feb 2025)	0.21% (Apr 2025)	6.99 k	0.00	Other	35.92
# Lenskart Solutions Ltd.	Speciality retail	0.26	403.8	0.26%	0.00%	0.15% (Oct 2025)	0% (Nov 2024)	9.84 L	4.17 L	Other	35.92
# Visa Inc	Foreign equity	4.92	400.4	0.26%	0.00%	0.59% (Feb 2025)	0.21% (Apr 2025)	13.38 k	0.00	Other	35.92
# Ashok Leyland Ltd.	Commercial vehicles	0.25	389.2	0.25%	0.25%	0% (Dec 2025)	0% (Dec 2025)	24.61 L	24.61 L	Mid Cap	17.94
# Autozone Inc	Foreign equity	4.92	335.3	0.21%	0.00%	0.48% (Mar 2025)	0.2% (Oct 2025)	948.00	0.00	Other	35.92
# HDB Financial Services Ltd.	Non banking financial company (nbfc)	6.31	313.2	0.20%	0.00%	0.36% (Aug 2025)	0% (Nov 2024)	4.08 L	-2.82 L	Other	35.92
# Anant Raj Industries Ltd.	Residential, commercial projects	1.79	311.1	0.20%	0.00%	0.63% (Dec 2024)	0.23% (Oct 2025)	5.40 L	0.00	Small Cap	10.74
# LG Electronics India Pvt. Ltd.	Consumer electronics	1.4	309.3	0.20%	0.00%	0.2% (Oct 2025)	0% (Nov 2024)	1.86 L	0.00	Other	35.92
# Godrej Consumer Products Ltd	Personal care	0.81	290.1	0.19%	0.00%	0.85% (Apr 2025)	0.13% (Dec 2024)	2.53 L	0.00	Large Cap	31.93
# Siemens Energy India Ltd.	Power generation	0.16	251.6	0.16%	0.00%	0.36% (Sep 2025)	0% (Nov 2024)	79.64 k	-0.75 L	Other	35.92
# Anthem Biosciences Ltd.	Biotechnology	0.15	238.2	0.15%	0.00%	0.2% (Aug 2025)	0% (Nov 2024)	3.75 L	0.00	Other	35.92
# Coca-Cola Co	Foreign equity	4.92	232	0.15%	0.00%	0.44% (Feb 2025)	0.14% (Oct 2025)	35.47 k	0.00	Other	35.92
# Hindustan Aeronautics Ltd.	Aerospace & defense	1.21	222	0.14%	0.00%	0.8% (Nov 2024)	0% (Nov 2024)	48.87 k	0.00	Other	35.92
# Glenmark Pharmaceuticals Ltd.	Pharmaceuticals	5.13	205.4	0.13%	0.00%	0.24% (Sep 2025)	0% (Nov 2024)	1.06 L	-0.75 L	Mid Cap	17.94
# Tata Capital Ltd.	Non banking financial company (nbfc)	6.31	183.6	0.12%	0.00%	0.12% (Oct 2025)	0% (Nov 2024)	5.60 L	0.00	Other	35.92
# Spotify Technology SA	Foreign equity	4.92	120.3	0.08%	0.00%	0.49% (Feb 2025)	0.08% (Oct 2025)	2.25 k	0.00	Other	35.92
# TVS Motor Company Ltd. - Preference Shares	2/3 wheelers	0.94	11.8	0.01%	0.00%	0% (Dec 2025)	0% (Dec 2025)	11.66 L	0.00	Other	35.92
Cipla Ltd.	Pharmaceuticals	5.13	941.4	0.00%	-0.61%	-	-	-	-	Large Cap	31.93
Pi Industries Ltd.	Pesticides & agrochemicals		1091.6	0.00%	-0.71%	-	-	-	-	Mid Cap	17.94
Trent Limited	Speciality retail	0.26	811.7	0.00%	-0.53%	-	-	-	-	Mid Cap	17.94
Granules India Ltd.	Pharmaceuticals	5.13	51	0.00%	-0.03%	-	-	-	-	Small Cap	10.74

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

New Stocks added in Portfolio (in 1 month period ending 30th Nov,2025)

Stock Invested in	Sector	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	1M Change in Qty
# Dabur India Ltd.	Personal care	465.7	0.30%	0.30%	0% (Dec 2025)	0% (Dec 2025)	9.00 L	900000
# Mahindra & Mahindra Financial Services Ltd.	Non banking financial company (nbfc)	634.1	0.41%	0.41%	0% (Dec 2025)	0% (Dec 2025)	17.05 L	1705305
# Ashok Leyland Ltd.	Commercial vehicles	389.2	0.25%	0.25%	0% (Dec 2025)	0% (Dec 2025)	24.61 L	2461137
# Indus Towers Ltd.	Telecom - infrastructure	835.1	0.54%	0.54%	0.29% (Apr 2025)	0% (Nov 2024)	20.82 L	2082336

Stocks removed from Portfolio (in 1 month period ending 30th Nov,2025)

Stock Invested in	Sector	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	1M Change in Qty
Cipla Ltd.	Pharmaceuticals	941.4	0.00%	-0.61%	0.84% (Feb 2025)	0.53% (Nov 2024)	-627080
Pi Industries Ltd.	Pesticides & agrochemicals	1091.6	0.00%	-0.71%	1.15% (Nov 2024)	0.71% (Oct 2025)	-305125
Trent Limited	Speciality retail	811.7	0.00%	-0.53%	0.55% (Jun 2025)	0.24% (Mar 2025)	-172905
Granules India Ltd.	Pharmaceuticals	51	0.00%	-0.03%	0.5% (Dec 2024)	0.03% (Oct 2025)	-90095

Trend in stock holdings (Top 15 Holding)

Stock	Nov 2025	Oct 2025	Sep 2025	Aug 2025	Jul 2025	Jun 2025	May 2025	Apr 2025	Mar 2025	Feb 2025	Jan 2025	Dec 2024	Nov 2024
HDFC Bank Ltd.	6.18%	6.37%	6.36%	6.45%	6.99%	7.26%	7.51%	7.96%	6.10%	5.56%	5.08%	4.58%	3.26%
ICICI Bank Ltd.	4.18%	4.35%	4.30%	4.51%	4.75%	4.59%	4.87%	5.22%	4.79%	4.05%	3.92%	3.49%	3.71%
Torrent Power Ltd.	2.02%	2.10%	2.24%	2.30%	2.69%	3.07%	3.27%	3.82%	3.84%	3.45%	3.84%	3.73%	3.82%
Reliance Industries Ltd.	3.76%	3.60%	3.31%	3.34%	3.40%	3.73%	3.68%	3.80%	2.79%	1.92%	1.88%	1.74%	1.86%
Bharti Airtel Ltd.	2.42%	2.38%	2.45%	2.50%	2.51%	2.88%	2.77%	2.91%	2.17%	2.08%	2.01%	1.88%	1.76%
Infosys Ltd.	1.68%	1.61%	1.82%	2.09%	2.13%	1.79%	1.72%	1.61%	1.74%	2.49%	2.80%	2.62%	2.32%
Bajaj Finance Ltd.	2.28%	2.32%	2.30%	2.05%	2.11%	2.14%	2.08%	2.14%	1.91%	1.93%	1.57%	1.13%	1.10%
CG Power and Industrial Solutions Ltd.	1.12%	1.60%	1.67%	1.54%	1.46%	1.57%	1.64%	1.56%	1.65%	1.52%	1.57%	2.54%	2.57%
GE T&D India Ltd.	1.27%	2.33%	2.36%	2.24%	2.19%	1.88%	1.87%	1.20%	1.23%	1.12%	1.39%	1.41%	1.08%
Eternal Ltd.	1.76%	2.08%	2.05%	2.00%	1.91%	1.31%	1.09%	0.91%	1.62%	-	-	-	-
Zomato Ltd.	-	-	-	-	-	-	-	-	-	1.54%	1.10%	1.65%	1.67%
Larsen & Toubro Ltd.	1.95%	1.70%	1.60%	1.60%	1.60%	1.48%	1.54%	1.46%	1.58%	1.51%	1.59%	1.54%	1.60%
State Bank Of India	1.80%	1.74%	1.68%	1.48%	1.46%	1.49%	1.54%	1.64%	1.54%	1.46%	1.52%	1.42%	1.51%
Fortis Healthcare Ltd.	1.55%	2.27%	2.23%	2.12%	1.81%	1.46%	1.36%	1.29%	1.35%	1.16%	1.13%	1.22%	1.12%
Indian Hotels Company Limited	0.98%	1.23%	1.23%	1.32%	1.28%	1.40%	1.48%	1.76%	1.82%	1.75%	1.70%	1.87%	1.70%

No of Debt Holding 1 (Category Avg - 1.09) | Modified Duration 0.00 Years (Category Avg - - --)| Yield to Maturity - -- (Category Avg - 0.00%)

Portfolio Summary (as on 30th Nov,2025)

Security Type	% Weight	Category Average
T-Bills	0.32%	0.33%

Category - Large & Mid Cap Fund

Security Type	% Weight	Category Average
Government Backed	0.32%	0.33%
Low Risk	0.00%	0.00%
Moderate Risk	0.00%	0.00%
High Risk	0.00%	0.00%
Very High Risk	0.00%	0.00%
Others	0.00%	0.00%

Category - Large & Mid Cap Fund

Debt holding in Portfolio (as on 30th Nov,2025)

Instrument	Type	Sector	Rating	Rating Agency	Value (Mn)	% of Total Holding	Quantity
Bond - T-Bill	T-Bills	Other			499.78	0.32%	50.00 L

Name	Type of Instrument	Weight (%)
TREPS	TREPS	1.17%
MF Units	MF Units	0.79%
MF Units	MF Units	0.65%
MF Units	MF Units	0.58%
Net Receivables	Net Receivables	-0.03%

Axis Large & Mid Cap Fund - Growth

Portfolio Summary (as on 30th Nov,2025)

Top 10 Stocks holding in Portfolio (as on 30th Nov,2025)

Complete equity Portfolio (as on 30th Nov,2025)

New Stocks added in Portfolio (in 1 month period ending 30th Nov,2025)

Stocks removed from Portfolio (in 1 month period ending 30th Nov,2025)

Trend in stock holdings (Top 15 Holding)

Portfolio Summary (as on 30th Nov,2025)

Debt holding in Portfolio (as on 30th Nov,2025)

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