Axis Midcap 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 : Mid Cap Fund

Portfolio Turnover Ratio : 43.00%. Category average turnover ratio is 239.20%. Fund manager updated portfolio less frequently than peers in last 1 year. (I.e. fund manager held stocks/bonds in the portfolio for longer duration than peers)

Equity Holding : 87.25% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 87.25%

No of Stocks : 94 (Category Avg - 69.71) | Large Cap Investments : 5.42%| Mid Cap Investments : 35.84% | Small Cap Investments : 15.64% | Other : 30.32%

Portfolio Summary (as on 31st Jan,2026)

Particulars	This Scheme	Category
No. of Stocks	94	69.48
Top 5 Stock Weight	14.57%	17.87%
Top 10 Stock Weight	23.96%	30.99%
Top 3 Sector Weight	17.03%	21.6%

Category - Mid Cap Fund

Particulars	This Scheme	Category
Average mcap (Cr)	11496.06	14185.56
Holdings in large cap stocks	5.42%	9.93%
Holdings in mid cap stocks	35.84%	35.49%
Holdings in small cap stocks	15.64%	18.03%

Category - Mid Cap Fund

Top 10 Stocks holding in Portfolio (as on 31st Jan,2026)

Stock Invested in	Sector	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	1M Change in Qty
Federal Bank Ltd.	Private sector bank	11392.2	3.69%	0.36%	3.69% (Jan 2026)	1.97% (Feb 2025)	3.96 Cr	0.00
Fortis Healthcare Ltd.	Hospital	11121.2	3.60%	-0.04%	4.14% (Sep 2025)	3.08% (May 2025)	1.31 Cr	0.00
Multi Commodity Exchange Of India Ltd.	Exchange and data platform	9022.6	2.92%	0.41%	2.92% (Jan 2026)	0.52% (Mar 2025)	35.69 L	35.69 L
Indian Hotels Company Limited	Hotels & resorts	7289.1	2.36%	-0.16%	3.22% (Feb 2025)	2.36% (Jan 2026)	1.08 Cr	0.00
Phoenix Mills Ltd.	Residential, commercial projects	6182.6	2.00%	-0.16%	2.16% (Dec 2025)	1.18% (Jul 2025)	37.01 L	0.00
Coromandel International Ltd.	Fertilizers	6146.7	1.99%	0.07%	3.11% (Jul 2025)	1.78% (Oct 2025)	26.93 L	0.00
GE T&D India Ltd.	Heavy electrical equipment	6028.7	1.95%	0.14%	2.32% (Sep 2025)	1.01% (Feb 2025)	18.66 L	37.64 k
Schaeffler India Ltd.	Auto components & equipments	5817.1	1.88%	-0.12%	2.11% (Sep 2025)	1.55% (Feb 2025)	16.06 L	-0.33 L
UNO Minda Ltd.	Auto components & equipments	5544.8	1.79%	-0.30%	2.68% (Sep 2025)	1.6% (Mar 2025)	46.90 L	-4.60 L
TVS Motor Company Ltd.	2/3 wheelers	5511.1	1.78%	0.02%	1.91% (Sep 2025)	1.5% (Jul 2025)	14.99 L	0.00

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

View complete holding

Complete equity Portfolio (as on 31st Jan,2026)

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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
Federal Bank Ltd.	Private sector bank	4.45	11392.2	3.69%	0.36%	3.69% (Jan 2026)	1.97% (Feb 2025)	3.96 Cr	0.00	Mid Cap	35.84
Fortis Healthcare Ltd.	Hospital	3.6	11121.2	3.60%	-0.04%	4.14% (Sep 2025)	3.08% (May 2025)	1.31 Cr	0.00	Other	30.32
Multi Commodity Exchange Of India Ltd.	Exchange and data platform	3.51	9022.6	2.92%	0.41%	2.92% (Jan 2026)	0.52% (Mar 2025)	35.69 L	35.69 L	Other	30.32
Indian Hotels Company Limited	Hotels & resorts	2.98	7289.1	2.36%	-0.16%	3.22% (Feb 2025)	2.36% (Jan 2026)	1.08 Cr	0.00	Mid Cap	35.84
Phoenix Mills Ltd.	Residential, commercial projects	2.63	6182.6	2.00%	-0.16%	2.16% (Dec 2025)	1.18% (Jul 2025)	37.01 L	0.00	Small Cap	15.64
Coromandel International Ltd.	Fertilizers	1.99	6146.7	1.99%	0.07%	3.11% (Jul 2025)	1.78% (Oct 2025)	26.93 L	0.00	Mid Cap	35.84
GE T&D India Ltd.	Heavy electrical equipment	5.12	6028.7	1.95%	0.14%	2.32% (Sep 2025)	1.01% (Feb 2025)	18.66 L	37.64 k	Small Cap	15.64
Schaeffler India Ltd.	Auto components & equipments	6.23	5817.1	1.88%	-0.12%	2.11% (Sep 2025)	1.55% (Feb 2025)	16.06 L	-0.33 L	Other	30.32
UNO Minda Ltd.	Auto components & equipments	6.23	5544.8	1.79%	-0.30%	2.68% (Sep 2025)	1.6% (Mar 2025)	46.90 L	-4.60 L	Small Cap	15.64
TVS Motor Company Ltd.	2/3 wheelers	1.8	5511.1	1.78%	0.02%	1.91% (Sep 2025)	1.5% (Jul 2025)	14.99 L	0.00	Mid Cap	35.84
Ashok Leyland Ltd.	Commercial vehicles	1.71	5278.3	1.71%	0.33%	1.71% (Jan 2026)	0% (Feb 2025)	2.68 Cr	24.72 L	Mid Cap	35.84
Persistent Systems Ltd.	Computers - software & consulting	4.28	5129.9	1.66%	-0.22%	3.05% (Feb 2025)	1.47% (Sep 2025)	8.50 L	-0.98 L	Other	30.32
Solar Industries India Ltd.	Explosives	1.62	5018.7	1.62%	0.04%	2.6% (May 2025)	1.58% (Dec 2025)	3.72 L	-0.38 L	Small Cap	15.64
Cummins India Ltd.	Compressors, pumps & diesel engines	1.57	4837.7	1.57%	-0.30%	1.87% (Dec 2025)	0.71% (Apr 2025)	11.76 L	-1.60 L	Mid Cap	35.84
J.K. Cement Ltd.	Cement & cement products	1.56	4824.5	1.56%	0.04%	2.73% (Aug 2025)	1.52% (Dec 2025)	8.73 L	0.00	Small Cap	15.64
PB Fintech Ltd.	Financial technology (fintech)	1.54	4754.9	1.54%	-0.39%	1.96% (Aug 2025)	1.52% (Feb 2025)	28.74 L	-4.86 L	Other	30.32
Coforge Ltd.	Computers - software & consulting	4.28	4684.7	1.52%	-0.02%	2.06% (Jun 2025)	0.98% (Sep 2025)	28.33 L	-1.08 L	Other	30.32
Vishal Mega Mart Ltd.	Diversified retail	1.46	4497.9	1.46%	-0.08%	1.55% (Oct 2025)	0.51% (Feb 2025)	3.57 Cr	0.00	Other	30.32
Abbott India Ltd.	Pharmaceuticals	5.68	4488.9	1.45%	-0.04%	1.91% (Feb 2025)	1.45% (Jan 2026)	1.63 L	0.00	Mid Cap	35.84
Indian Bank	Public sector bank	1.41	4369.6	1.41%	0.13%	1.76% (Oct 2025)	0.65% (Feb 2025)	47.93 L	-0.69 L	Mid Cap	35.84
Bharti Hexacom Ltd.	Telecom - equipment & accessories	1.37	4225.2	1.37%	-0.64%	2.5% (Jun 2025)	1.37% (Jan 2026)	27.35 L	-7.69 L	Other	30.32
Torrent Power Ltd.	Integrated power utilities	1.34	4146	1.34%	0.11%	1.36% (Apr 2025)	1.15% (Feb 2025)	29.88 L	0.00	Mid Cap	35.84
Ipca Laboratories Ltd.	Pharmaceuticals	5.68	3876.2	1.25%	0.44%	1.25% (Jan 2026)	0.71% (Oct 2025)	26.35 L	8.25 L	Other	30.32
Bharat Heavy Electricals Ltd.	Heavy electrical equipment	5.12	3817.6	1.24%	-0.26%	1.5% (Dec 2025)	0% (Feb 2025)	1.45 Cr	-0.20 Cr	Mid Cap	35.84
Premier Energies Ltd.	Other electrical equipment	2.42	3801.8	1.23%	-0.17%	1.9% (May 2025)	0.22% (Feb 2025)	52.81 L	0.00	Other	30.32
Apar Industries Ltd.	Other electrical equipment	2.42	3680.2	1.19%	-0.08%	1.37% (Nov 2025)	0.56% (Apr 2025)	4.60 L	-0.20 L	Small Cap	15.64
ICICI Lombard General Insurance Co Ltd.	General insurance	1.13	3506.5	1.13%	-0.07%	1.35% (Oct 2025)	1.13% (Aug 2025)	19.33 L	0.00	Large Cap	5.42
Blue Star Ltd.	Household appliances	1.71	3469.5	1.12%	0.08%	1.45% (Mar 2025)	0.96% (May 2025)	19.10 L	0.00	Small Cap	15.64
Bharat Electronics Ltd.	Aerospace & defense	1.1	3406.1	1.10%	-0.27%	1.44% (Oct 2025)	0.81% (Feb 2025)	75.86 L	-0.33 Cr	Mid Cap	35.84
Hitachi Energy India Ltd.	Heavy electrical equipment	5.12	3324	1.08%	-0.30%	1.64% (Nov 2025)	0.51% (Feb 2025)	1.76 L	-0.63 L	Other	30.32
Supreme Industries Ltd.	Plastic products - industrial	1.35	3238.5	1.05%	0.08%	1.47% (Aug 2025)	0.97% (Dec 2025)	9.22 L	0.00	Mid Cap	35.84
Bharat Forge Ltd.	Castings & forgings	1.05	3233.5	1.05%	0.01%	1.05% (Jan 2026)	0.41% (Feb 2025)	22.43 L	0.00	Mid Cap	35.84
Jindal Steel Ltd.	Iron & steel products	1.03	3182.9	1.03%	0.02%	1.19% (Oct 2025)	0.34% (Feb 2025)	28.12 L	-2.20 L	Mid Cap	35.84
Lupin Ltd.	Pharmaceuticals	5.68	3152.3	1.02%	0.05%	2.13% (Feb 2025)	0.95% (Nov 2025)	14.64 L	0.00	Large Cap	5.42
Sona BLW Precision Forgings Ltd.	Auto components & equipments	6.23	3080.5	1.00%	0.08%	1.22% (May 2025)	0.37% (Sep 2025)	62.14 L	97.11 k	Other	30.32
SRF Ltd.	Specialty chemicals	1.45	3038.3	0.98%	-0.07%	1.05% (Dec 2025)	0.19% (May 2025)	10.79 L	0.00	Mid Cap	35.84
Cholamandalam Investment & Finance Co. Ltd.	Non banking financial company (nbfc)	2.88	3037.8	0.98%	-0.19%	2.15% (Feb 2025)	0.98% (Jan 2026)	18.62 L	-3.13 L	Other	30.32
Bajaj Finance Ltd.	Non banking financial company (nbfc)	2.88	3027.9	0.98%	-0.03%	1.7% (Feb 2025)	0.94% (Jul 2025)	32.56 L	0.00	Other	30.32
Hindustan Petroleum Corporation Ltd.	Refineries & marketing	0.98	3022.9	0.98%	0.10%	1.03% (May 2025)	0.4% (Feb 2025)	70.79 L	14.60 L	Large Cap	5.42
Pi Industries Ltd.	Pesticides & agrochemicals	0.97	3001.4	0.97%	0.01%	2.06% (Jul 2025)	0.96% (Dec 2025)	9.39 L	0.00	Mid Cap	35.84
Mphasis Ltd.	Computers - software & consulting	4.28	2966.5	0.96%	0.01%	0.96% (Jan 2026)	0.78% (May 2025)	10.75 L	0.00	Mid Cap	35.84
KEI Industries Ltd.	Cables - electricals	0.96	2953.9	0.96%	-0.19%	1.15% (Dec 2025)	0.34% (Mar 2025)	7.35 L	-0.85 L	Small Cap	15.64
Info Edge (India) Ltd.	Internet & catalogue retail	0.89	2761.1	0.89%	-0.04%	0.93% (Dec 2025)	0.37% (May 2025)	22.10 L	0.00	Other	30.32
L&T Finance Holdings Ltd.	Investment company	1.73	2713.4	0.88%	-0.25%	1.13% (Dec 2025)	0% (Feb 2025)	94.76 L	-0.18 Cr	Mid Cap	35.84
Sundaram Finance Limited	Non banking financial company (nbfc)	2.88	2651.6	0.86%	0.02%	0.96% (Apr 2025)	0.71% (Sep 2025)	5.02 L	0.00	Mid Cap	35.84
Eternal Ltd.	E-retail/ e-commerce	2.28	2650.5	0.86%	-0.66%	1.72% (Oct 2025)	0.46% (Mar 2025)	96.87 L	-0.77 Cr	Other	30.32
Au Small Finance Bank Ltd.	Other bank	0.86	2646.3	0.86%	0.12%	0.86% (Jan 2026)	0% (Feb 2025)	26.94 L	3.25 L	Mid Cap	35.84
CG Power and Industrial Solutions Ltd.	Heavy electrical equipment	5.12	2634.4	0.85%	-0.32%	1.52% (Sep 2025)	0.85% (Jan 2026)	45.10 L	-0.12 Cr	Small Cap	15.64
Cholamandalam Financial Holdings Ltd.	Investment company	1.73	2631	0.85%	0.16%	0.85% (Jan 2026)	0% (Feb 2025)	15.90 L	3.90 L	Small Cap	15.64
Swiggy Ltd.	E-retail/ e-commerce	2.28	2620.3	0.85%	-0.18%	1.5% (Oct 2025)	0% (Feb 2025)	84.59 L	0.00	Other	30.32
HDFC Asset Management Co. Ltd.	Asset management company	0.83	2552.2	0.83%	-0.12%	1.12% (Jul 2025)	0.5% (Feb 2025)	10.15 L	-1.09 L	Large Cap	5.42
Oracle Financial Services Software Limited	Software products	0.8	2484.1	0.80%	0.02%	0.98% (Apr 2025)	0.78% (Dec 2025)	3.20 L	0.00	Mid Cap	35.84
ICICI Bank Ltd.	Private sector bank	4.45	2355.6	0.76%	0.02%	0.86% (Apr 2025)	0.73% (Oct 2025)	17.38 L	0.00	Large Cap	5.42
Alkem Laboratories Ltd.	Pharmaceuticals	5.68	2323.1	0.75%	0.04%	1.59% (Feb 2025)	0.71% (Dec 2025)	4.09 L	0.00	Mid Cap	35.84
Trent Limited	Speciality retail	0.78	2193.5	0.71%	-0.13%	1.54% (Jun 2025)	0.71% (Jan 2026)	5.79 L	-0.42 L	Mid Cap	35.84
K.P.R. Mill Ltd.	Other textile products	0.68	2115.7	0.68%	-0.04%	0.93% (May 2025)	0.63% (Feb 2025)	24.33 L	0.00	Other	30.32
Prestige Estates Projects Ltd.	Residential, commercial projects	2.63	1958	0.63%	-0.22%	1.24% (Jul 2025)	0.44% (Mar 2025)	13.40 L	-3.53 L	Mid Cap	35.84
- 3M India Ltd.	Diversified	0.63	1947.3	0.63%	0.00%	0.63% (Jan 2026)	0.49% (Jun 2025)	56.62 k	0.00	Mid Cap	35.84
ITC Hotels Ltd	Hotels & resorts	2.98	1902.2	0.62%	-0.14%	1.19% (Aug 2025)	0% (Feb 2025)	1.05 Cr	-0.16 Cr	Other	30.32
WABCO India Ltd.	Auto components & equipments	6.23	1862.4	0.60%	0.02%	0.6% (Jan 2026)	0.48% (Oct 2025)	1.24 L	0.00	Mid Cap	35.84
J.b. Chemicals & Pharmaceuticals Ltd.	Pharmaceuticals	5.68	1841.2	0.60%	0.03%	0.6% (Jan 2026)	0.38% (Jun 2025)	9.85 L	0.00	Other	30.32
- Voltas Limited	Household appliances	1.71	1821	0.59%	0.00%	1.36% (Mar 2025)	0.59% (Nov 2025)	13.71 L	0.00	Mid Cap	35.84
BSE Ltd.	Exchange and data platform	3.51	1814.1	0.59%	0.05%	1.83% (May 2025)	0.39% (Sep 2025)	6.49 L	0.00	Small Cap	15.64
Jubilant Foodworks Ltd.	Restaurants	0.58	1800.5	0.58%	-0.06%	1.01% (Apr 2025)	0.58% (Jan 2026)	36.22 L	0.00	Other	30.32
Billionbrains Garage Ventures Ltd.	Stockbroking & allied	0.53	1636.8	0.53%	0.07%	0.53% (Jan 2026)	0% (Feb 2025)	92.45 L	0.00	Other	30.32
Tube Investments Of India Ltd.	Auto components & equipments	6.23	1624.4	0.53%	-0.04%	0.68% (Sep 2025)	0% (Feb 2025)	6.96 L	0.00	Small Cap	15.64
FSN E-Commerce Ventures Ltd.	E-retail/ e-commerce	2.28	1491.3	0.48%	-0.11%	0.59% (Nov 2025)	0% (Feb 2025)	62.79 L	-8.38 L	Other	30.32
Glenmark Pharmaceuticals Ltd.	Pharmaceuticals	5.68	1475.9	0.48%	-0.02%	0.8% (Oct 2025)	0% (Feb 2025)	7.32 L	-0.42 L	Mid Cap	35.84
Endurance Technologies Ltd.	Auto components & equipments	6.23	1337.8	0.43%	-0.02%	0.49% (Oct 2025)	0.21% (Apr 2025)	5.51 L	0.00	Mid Cap	35.84
- LG Electronics India Pvt. Ltd.	Consumer electronics	0.73	1316.4	0.43%	0.00%	0.47% (Oct 2025)	0% (Feb 2025)	9.00 L	0.00	Other	30.32
Fine Organic Industries Ltd.	Specialty chemicals	1.45	1305.8	0.42%	0.02%	0.52% (Jul 2025)	0.4% (Dec 2025)	3.08 L	0.00	Small Cap	15.64
Balkrishna Industries Ltd.	Tyres & rubber products	0.41	1256	0.41%	0.01%	1.11% (Feb 2025)	0.39% (Oct 2025)	5.45 L	0.00	Mid Cap	35.84
Jyoti CNC Automation Ltd.	Industrial products	0.51	1217.6	0.39%	-0.11%	0.55% (Jun 2025)	0.34% (Feb 2025)	15.10 L	-0.77 L	Other	30.32
Indus Towers Ltd.	Telecom - infrastructure	0.38	1169	0.38%	0.08%	0.38% (Jan 2026)	0% (Feb 2025)	26.31 L	3.69 L	Large Cap	5.42
L&T Technology Services Ltd.	It enabled services	0.33	1012.2	0.33%	-0.10%	0.43% (Dec 2025)	0.31% (Oct 2025)	2.72 L	-0.34 L	Mid Cap	35.84
Astral Ltd.	Plastic products - industrial	1.35	936.7	0.30%	0.02%	0.57% (Feb 2025)	0.28% (Aug 2025)	6.34 L	0.00	Mid Cap	35.84
Dixon Technologies (India) Ltd.	Consumer electronics	0.73	929.9	0.30%	-0.97%	2.19% (Aug 2025)	0.3% (Jan 2026)	89.02 k	-2.43 L	Other	30.32
Page Industries Ltd.	Garments & apparels	0.24	751.4	0.24%	-0.02%	0.99% (Jul 2025)	0.24% (Jan 2026)	22.77 k	0.00	Mid Cap	35.84
Tata Communications Ltd.	Telecom - cellular & fixed line services	0.22	673.8	0.22%	-0.03%	0.25% (Mar 2025)	0% (Feb 2025)	4.29 L	0.00	Mid Cap	35.84
Linde India Ltd.	Industrial gases	0.21	652.5	0.21%	-0.03%	0.34% (May 2025)	0.21% (Jan 2026)	1.09 L	-0.18 L	Small Cap	15.64
ICICI Prudential Life Insurance Co Ltd.	Life insurance	0.19	586.7	0.19%	-0.02%	0.21% (Dec 2025)	0% (Feb 2025)	9.21 L	-0.68 L	Large Cap	5.42
Oil India Ltd.	Oil exploration & production	0.15	448.7	0.15%	0.03%	0.15% (Jan 2026)	0.11% (Aug 2025)	8.80 L	0.00	Mid Cap	35.84
KPIT Technologies Ltd.	Computers - software & consulting	4.28	440.5	0.14%	-0.02%	0.3% (Mar 2025)	0.14% (Jan 2026)	4.23 L	0.00	Other	30.32
- Container Corporation Of India Ltd.	Logistics solution provider	0.13	407.3	0.13%	0.00%	0.24% (May 2025)	0.13% (Nov 2025)	8.11 L	0.00	Large Cap	5.42
- Anthem Biosciences Ltd.	Biotechnology	0.13	390.2	0.13%	0.00%	0.17% (Aug 2025)	0% (Feb 2025)	6.51 L	0.00	Other	30.32
- Rural Electrification Corporation Limited	Financial institution	0.12	385.8	0.12%	0.00%	0.88% (Mar 2025)	0.12% (Nov 2025)	10.60 L	0.00	Mid Cap	35.84
Honeywell Automation India Ltd.	Industrial products	0.51	364.2	0.12%	-0.05%	0.39% (Feb 2025)	0.12% (Jan 2026)	10.91 k	-5.10 k	Mid Cap	35.84
- Meesho Ltd.	E-retail/ e-commerce	2.28	285.1	0.09%	0.00%	0.09% (Jan 2026)	0% (Feb 2025)	16.37 L	0.00	Other	30.32
Suven Pharmaceuticals Ltd.	Pharmaceuticals	5.68	257.5	0.08%	-0.08%	0.41% (Sep 2025)	0% (Feb 2025)	6.75 L	-2.97 L	Other	30.32
Lenskart Solutions Ltd.	Speciality retail	0.78	231.1	0.07%	-0.07%	0.14% (Dec 2025)	0% (Feb 2025)	5.05 L	-5.05 L	Other	30.32
- HDB Financial Services Ltd.	Non banking financial company (nbfc)	2.88	179.2	0.06%	0.00%	0.54% (Jul 2025)	0% (Feb 2025)	2.53 L	0.00	Other	30.32
# Mankind Pharma Ltd.	Pharmaceuticals	5.68	155.9	0.05%	0.05%	0.05% (Jan 2026)	0% (Feb 2025)	73.41 k	73.41 k	Other	30.32
Aarti Industries Ltd.	Specialty chemicals	1.45	155.6	0.05%	-0.01%	0.13% (May 2025)	0.05% (Jan 2026)	4.18 L	-0.59 L	Mid Cap	35.84
# TVS Motor Company Ltd. - Preference Shares	2/3 wheelers	1.8	68.6	0.02%	0.00%	0% (Mar 2026)	0% (Mar 2026)	67.12 L	0.00	Other	30.32
Ajanta Pharma Limited	Pharmaceuticals	5.68	386.4	0.00%	-0.12%	-	-	-	-	Small Cap	15.64
Godrej Properties Ltd.	Residential, commercial projects	2.63	412.9	0.00%	-0.13%	-	-	-	-	Mid Cap	35.84
Oberoi Realty Ltd.	Residential, commercial projects	2.63	6.9	0.00%	0.00%	-	-	-	-	Mid Cap	35.84
Max Healthcare Institute Ltd.	Hospital	3.6	984.7	0.00%	-0.31%	-	-	-	-	Other	30.32
Kaynes Technology India Private Ltd.	Industrial products	0.51	288.1	0.00%	-0.09%	-	-	-	-	Other	30.32
Motherson Sumi Systems Ltd.	Auto components & equipments	6.23	378	0.00%	-0.12%	-	-	-	-	Large Cap	5.42
Granules India Ltd.	Pharmaceuticals	5.68	174.5	0.00%	-0.06%	-	-	-	-	Small Cap	15.64
Jindal Stainless Ltd.	Iron & steel products	1.03	441.3	0.00%	-0.14%	-	-	-	-	Small Cap	15.64
Colgate - Palmolive (India) Limited	Personal care		275.3	0.00%	-0.09%	-	-	-	-	Large Cap	5.42

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

New Stocks added in Portfolio (in 1 month period ending 31st Jan,2026)

Stock Invested in	Sector	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	1M Change in Qty
# Mankind Pharma Ltd.	Pharmaceuticals	155.9	0.05%	0.05%	0.05% (Jan 2026)	0% (Feb 2025)	73.41 k	73411

Stocks removed from Portfolio (in 1 month period ending 31st Jan,2026)

Stock Invested in	Sector	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	1M Change in Qty
Ajanta Pharma Limited	Pharmaceuticals	386.4	0.00%	-0.12%	0.3% (May 2025)	0% (Feb 2025)	-139558
Godrej Properties Ltd.	Residential, commercial projects	412.9	0.00%	-0.13%	0.58% (Mar 2025)	0% (Feb 2025)	-205989
- Oberoi Realty Ltd.	Residential, commercial projects	6.9	0.00%	0.00%	0.65% (Jun 2025)	0% (Feb 2025)	-4107
Max Healthcare Institute Ltd.	Hospital	984.7	0.00%	-0.31%	1.82% (Jun 2025)	0% (Feb 2025)	-942229
Kaynes Technology India Private Ltd.	Industrial products	288.1	0.00%	-0.09%	0.63% (Sep 2025)	0% (Feb 2025)	-71780
Motherson Sumi Systems Ltd.	Auto components & equipments	378	0.00%	-0.12%	0.37% (Sep 2025)	0% (Feb 2025)	-3151598
Granules India Ltd.	Pharmaceuticals	174.5	0.00%	-0.06%	0.27% (Feb 2025)	0% (Feb 2025)	-291611
Jindal Stainless Ltd.	Iron & steel products	441.3	0.00%	-0.14%	0.14% (Dec 2025)	0% (Feb 2025)	-525797
Colgate - Palmolive (India) Limited	Personal care	275.3	0.00%	-0.09%	0.6% (Feb 2025)	0% (Feb 2025)	-132650

Trend in stock holdings (Top 15 Holding)

Stock	Jan 2026	Dec 2025	Nov 2025	Oct 2025	Sep 2025	Aug 2025	Jul 2025	Jun 2025	May 2025	Apr 2025	Mar 2025	Feb 2025	Jan 2025
Fortis Healthcare Ltd.	3.60%	3.64%	3.55%	4.04%	4.14%	3.90%	3.63%	3.29%	3.08%	3.16%	3.31%	3.12%	3.00%
Indian Hotels Company Limited	2.36%	2.52%	2.50%	2.50%	2.50%	2.64%	2.55%	2.58%	2.75%	3.10%	3.18%	3.22%	3.16%
UNO Minda Ltd.	1.79%	2.09%	2.09%	2.10%	2.68%	2.65%	2.10%	2.18%	3.52%	3.26%	3.20%	3.24%	3.40%
Coromandel International Ltd.	1.99%	1.92%	1.99%	1.78%	2.06%	2.50%	3.11%	3.04%	2.92%	2.99%	2.75%	2.49%	2.48%
Federal Bank Ltd.	3.69%	3.33%	3.05%	2.81%	1.99%	1.98%	2.07%	2.13%	2.09%	2.16%	2.17%	1.97%	1.91%
Persistent Systems Ltd.	1.66%	1.88%	2.09%	1.96%	1.47%	1.66%	1.77%	2.64%	2.59%	2.59%	2.87%	3.05%	3.19%
Bharti Hexacom Ltd.	1.37%	2.01%	2.14%	2.39%	2.19%	2.35%	2.42%	2.50%	2.47%	2.41%	2.14%	2.06%	1.96%
J.K. Cement Ltd.	1.56%	1.52%	1.56%	2.41%	2.51%	2.73%	2.59%	2.34%	2.20%	2.16%	2.14%	2.05%	1.88%
Solar Industries India Ltd.	1.62%	1.58%	1.69%	1.77%	1.75%	1.82%	1.94%	2.50%	2.60%	2.31%	2.02%	1.64%	1.61%
Schaeffler India Ltd.	1.88%	2.00%	1.99%	1.96%	2.11%	1.74%	1.83%	1.75%	1.90%	1.64%	1.58%	1.55%	1.59%
PB Fintech Ltd.	1.54%	1.93%	1.90%	1.93%	1.88%	1.96%	1.86%	1.84%	1.78%	1.74%	1.75%	1.52%	1.65%
GE T&D India Ltd.	1.95%	1.81%	1.96%	2.32%	2.32%	2.15%	2.09%	1.77%	1.77%	1.07%	1.10%	1.01%	1.48%
Dixon Technologies (India) Ltd.	0.30%	1.27%	1.97%	2.10%	2.13%	2.19%	2.15%	1.65%	1.70%	2.02%	1.60%	1.75%	1.73%
TVS Motor Company Ltd.	1.78%	1.76%	1.64%	1.79%	1.91%	1.77%	1.50%	1.69%	1.70%	1.73%	1.68%	1.67%	1.69%
Hitachi Energy India Ltd.	1.08%	1.38%	1.64%	2.15%	2.29%	-	-	-	-	-	-	-	-
ABB Power Products and Systems India Ltd.	-	-	-	-	-	1.27%	1.25%	1.21%	1.28%	1.02%	0.82%	0.51%	0.53%