Axis Multicap Fund - Regular Plan - 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 : Multi Cap Fund

Portfolio Turnover Ratio : 41.00%. Category average turnover ratio is 350.13%. 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 : 98.99% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 98.99%

No of Stocks : 126 (Category Avg - 84.79) | Large Cap Investments : 27.34%| Mid Cap Investments : 11.59% | Small Cap Investments : 20.49% | Other : 39.55%

Portfolio Summary (as on 31st Oct,2025)

Particulars	This Scheme	Category
No. of Stocks	126	83.76
Top 5 Stock Weight	17.76%	18.27%
Top 10 Stock Weight	26.82%	30.27%
Top 3 Sector Weight	26.01%	24.65%

Category - Multi Cap Fund

Particulars	This Scheme	Category
Average mcap (Cr)	70926.46	61679.36
Holdings in large cap stocks	27.34%	27.42%
Holdings in mid cap stocks	11.59%	15.46%
Holdings in small cap stocks	20.49%	16.99%

Category - Multi Cap Fund

Top 10 Stocks holding in Portfolio (as on 31st Oct,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	5435.5	5.97%	-0.09%	7.83% (Apr 2025)	3.57% (Nov 2024)	55.05 L	0.00
ICICI Bank Ltd.	Private sector bank	3416.3	3.75%	-0.06%	5.14% (Apr 2025)	3.75% (Oct 2025)	25.39 L	1.00 L
Reliance Industries Ltd.	Refineries & marketing	3009.3	3.31%	0.23%	3.79% (Apr 2025)	1.9% (Dec 2024)	20.25 L	75.00 k
- Fortis Healthcare Ltd.	Hospital	2352.1	2.58%	0.00%	2.58% (Oct 2025)	2% (May 2025)	22.99 L	0.00
Bharti Airtel Ltd.	Telecom - cellular & fixed line services	1957.6	2.15%	0.08%	2.55% (Apr 2025)	1.78% (Dec 2024)	9.53 L	0.00
Eternal Ltd.	E-retail/ e-commerce	1764.4	1.94%	-0.01%	1.95% (Sep 2025)	0.62% (Mar 2025)	55.53 L	3.73 L
Bajaj Finance Ltd.	Non banking financial company (nbfc)	1704.3	1.87%	-0.02%	1.91% (Apr 2025)	0.89% (Nov 2024)	16.34 L	0.00
Minda Corporation Ltd.	Auto components & equipments	1661.4	1.83%	-0.12%	2.45% (Jan 2025)	1.77% (Aug 2025)	29.47 L	0.00
GE T&D India Ltd.	Heavy electrical equipment	1607.6	1.77%	-0.05%	1.82% (Sep 2025)	0.96% (Feb 2025)	5.29 L	0.00
Mahindra & Mahindra Ltd.	Passenger cars & utility vehicles	1500.5	1.65%	-0.06%	2.43% (Jan 2025)	1.35% (May 2025)	4.30 L	0.00

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

View complete holding

Complete equity Portfolio (as on 31st Oct,2025)

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Sector
M-Cap

Help me understand this table

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	14.14	5435.5	5.97%	-0.09%	7.83% (Apr 2025)	3.57% (Nov 2024)	55.05 L	0.00	Other	39.55
ICICI Bank Ltd.	Private sector bank	14.14	3416.3	3.75%	-0.06%	5.14% (Apr 2025)	3.75% (Oct 2025)	25.39 L	1.00 L	Large Cap	27.34
Reliance Industries Ltd.	Refineries & marketing	3.31	3009.3	3.31%	0.23%	3.79% (Apr 2025)	1.9% (Dec 2024)	20.25 L	75.00 k	Large Cap	27.34
- Fortis Healthcare Ltd.	Hospital	4.38	2352.1	2.58%	0.00%	2.58% (Oct 2025)	2% (May 2025)	22.99 L	0.00	Other	39.55
Bharti Airtel Ltd.	Telecom - cellular & fixed line services	2.15	1957.6	2.15%	0.08%	2.55% (Apr 2025)	1.78% (Dec 2024)	9.53 L	0.00	Large Cap	27.34
Eternal Ltd.	E-retail/ e-commerce	1.94	1764.4	1.94%	-0.01%	1.95% (Sep 2025)	0.62% (Mar 2025)	55.53 L	3.73 L	Other	39.55
Bajaj Finance Ltd.	Non banking financial company (nbfc)	2.9	1704.3	1.87%	-0.02%	1.91% (Apr 2025)	0.89% (Nov 2024)	16.34 L	0.00	Other	39.55
Minda Corporation Ltd.	Auto components & equipments	6.21	1661.4	1.83%	-0.12%	2.45% (Jan 2025)	1.77% (Aug 2025)	29.47 L	0.00	Small Cap	20.49
GE T&D India Ltd.	Heavy electrical equipment	4.38	1607.6	1.77%	-0.05%	1.82% (Sep 2025)	0.96% (Feb 2025)	5.29 L	0.00	Small Cap	20.49
Mahindra & Mahindra Ltd.	Passenger cars & utility vehicles	2.96	1500.5	1.65%	-0.06%	2.43% (Jan 2025)	1.35% (May 2025)	4.30 L	0.00	Large Cap	27.34
State Bank Of India	Public sector bank	2.5	1434.6	1.58%	0.03%	1.64% (Apr 2025)	1.4% (Jul 2025)	15.31 L	0.00	Large Cap	27.34
Larsen & Toubro Ltd.	Civil construction	1.45	1317.1	1.45%	0.06%	1.6% (Nov 2024)	1.29% (Jun 2025)	3.27 L	0.00	Large Cap	27.34
Premier Energies Ltd.	Other electrical equipment	2.42	1291.6	1.42%	0.13%	1.42% (Oct 2025)	0.3% (Feb 2025)	11.81 L	90.76 k	Other	39.55
Infosys Ltd.	Computers - software & consulting	4.61	1262.8	1.39%	-0.24%	2.75% (Jan 2025)	1.21% (Apr 2025)	8.52 L	-1.20 L	Large Cap	27.34
Multi Commodity Exchange Of India Ltd.	Exchange and data platform	1.37	1246.4	1.37%	0.26%	1.6% (Jun 2025)	0.9% (Mar 2025)	1.35 L	12.00 k	Small Cap	20.49
eClerx Services Ltd.	Business process outsourcing (bpo)/ knowledge process outsourcing (kpo)	1.32	1201.6	1.32%	0.14%	1.32% (Oct 2025)	0.69% (Apr 2025)	2.54 L	0.00	Small Cap	20.49
Blue Star Ltd.	Household appliances	1.92	1190.9	1.31%	-0.03%	2.74% (Mar 2025)	1.21% (May 2025)	6.15 L	0.00	Small Cap	20.49
Kotak Mahindra Bank Ltd.	Private sector bank	14.14	1102.5	1.21%	0.36%	1.21% (Oct 2025)	0% (Nov 2024)	5.24 L	1.55 L	Large Cap	27.34
- Bharat Electronics Ltd.	Aerospace & defense	1.73	1102.4	1.21%	0.00%	1.21% (Oct 2025)	0.86% (Apr 2025)	25.87 L	0.00	Mid Cap	11.59
Coforge Ltd.	Computers - software & consulting	4.61	1084.9	1.19%	0.07%	1.37% (Jun 2025)	0% (Nov 2024)	6.10 L	0.00	Other	39.55
CG Power and Industrial Solutions Ltd.	Heavy electrical equipment	4.38	1053.5	1.16%	-0.02%	1.18% (Sep 2025)	0.65% (Feb 2025)	14.30 L	61.13 k	Small Cap	20.49
Kaynes Technology India Private Ltd.	Industrial products	2.12	1046.9	1.15%	-0.49%	1.68% (Dec 2024)	0.65% (Feb 2025)	1.56 L	-0.45 L	Other	39.55
RBL Bank Ltd.	Private sector bank	14.14	1032.1	1.13%	0.41%	1.13% (Oct 2025)	0% (Nov 2024)	31.63 L	9.13 L	Mid Cap	11.59
Federal Bank Ltd.	Private sector bank	14.14	972.2	1.07%	0.51%	1.07% (Oct 2025)	0.25% (Nov 2024)	41.09 L	16.00 L	Mid Cap	11.59
TVS Motor Company Ltd.	2/3 wheelers	1.33	950.8	1.04%	-0.10%	1.14% (Sep 2025)	0.44% (Dec 2024)	2.71 L	-0.16 L	Mid Cap	11.59
Karur Vysya Bank Ltd	Private sector bank	14.14	916	1.01%	0.09%	1.02% (Jun 2025)	0% (Nov 2024)	37.67 L	0.00	Small Cap	20.49
Apar Industries Ltd.	Other electrical equipment	2.42	908.2	1.00%	0.04%	1.23% (Nov 2024)	0.26% (Apr 2025)	1.05 L	3.47 k	Small Cap	20.49
Jyoti CNC Automation Ltd.	Industrial products	2.12	884.8	0.97%	-0.04%	1.4% (May 2025)	0.81% (Jan 2025)	10.24 L	0.00	Other	39.55
Indian Bank	Public sector bank	2.5	841.4	0.92%	0.03%	0.92% (Oct 2025)	0.39% (Dec 2024)	9.80 L	-0.53 L	Mid Cap	11.59
Mankind Pharma Ltd.	Pharmaceuticals	5.66	824.2	0.91%	-0.07%	1.07% (Jul 2025)	0.4% (Jun 2025)	3.46 L	0.00	Other	39.55
Anant Raj Industries Ltd.	Residential, commercial projects	2.58	817.8	0.90%	-0.13%	1.56% (Dec 2024)	0.9% (Oct 2025)	12.69 L	0.00	Small Cap	20.49
Cummins India Ltd.	Compressors, pumps & diesel engines	0.88	804.1	0.88%	0.04%	1.01% (Nov 2024)	0% (Nov 2024)	1.85 L	0.00	Mid Cap	11.59
Craftsman Automation Ltd.	Auto components & equipments	6.21	800.4	0.88%	-0.06%	0.99% (Aug 2025)	0.25% (Jan 2025)	1.20 L	0.00	Other	39.55
Solar Industries India Ltd.	Explosives	0.86	778.7	0.86%	-0.01%	1.57% (May 2025)	0.86% (Oct 2025)	56.11 k	0.00	Small Cap	20.49
Delhivery Ltd.	Logistics solution provider	0.85	774.1	0.85%	-0.02%	0.88% (Aug 2025)	0% (Nov 2024)	16.61 L	0.00	Other	39.55
Firstsource Solutions Ltd.	It enabled services	1.19	772.1	0.85%	0.02%	1.31% (Nov 2024)	0.82% (Jul 2025)	21.82 L	0.00	Small Cap	20.49
Persistent Systems Ltd.	Computers - software & consulting	4.61	771.4	0.85%	0.12%	3.16% (Dec 2024)	0.73% (Sep 2025)	1.30 L	0.00	Other	39.55
Sai Life Sciences Ltd.	Petrochemicals	0.82	745.5	0.82%	0.01%	0.82% (Oct 2025)	0% (Nov 2024)	8.12 L	0.00	Other	39.55
Awfis Space Solutions Ltd.	Diversified commercial services	1.3	738.3	0.81%	0.13%	0.87% (Apr 2025)	0.29% (Nov 2024)	12.30 L	2.00 L	Other	39.55
Ultratech Cement Ltd.	Cement & cement products	1.24	736.9	0.81%	-0.06%	0.99% (Apr 2025)	0.49% (Dec 2024)	61.68 k	0.00	Large Cap	27.34
Brigade Enterprises Ltd.	Residential, commercial projects	2.58	732.8	0.81%	0.07%	2.02% (Nov 2024)	0.73% (Sep 2025)	7.06 L	0.00	Small Cap	20.49
Vishal Mega Mart Ltd.	Diversified retail	1.42	716.1	0.79%	-0.07%	1.05% (Jul 2025)	0% (Nov 2024)	49.49 L	0.00	Other	39.55
Mphasis Ltd.	Computers - software & consulting	4.61	713.2	0.78%	-0.01%	0.87% (Jul 2025)	0.46% (May 2025)	2.58 L	0.00	Mid Cap	11.59
InterGlobe Aviation Ltd.	Airline	0.75	680.6	0.75%	-0.04%	0.92% (Aug 2025)	0.42% (Jan 2025)	1.21 L	0.00	Large Cap	27.34
Doms Industries Ltd.	Stationary	0.71	644.5	0.71%	-0.01%	0.93% (Mar 2025)	0% (Nov 2024)	2.51 L	0.00	Other	39.55
Dixon Technologies (India) Ltd.	Consumer electronics	1.58	641.6	0.71%	-0.08%	0.83% (Aug 2025)	0.29% (Nov 2024)	41.41 k	0.00	Other	39.55
Gabriel India Ltd.	Auto components & equipments	6.21	626	0.69%	0.02%	0.69% (Oct 2025)	0% (Nov 2024)	4.91 L	0.00	Small Cap	20.49
Divis Laboratories Ltd.	Pharmaceuticals	5.66	626	0.69%	0.21%	0.69% (Oct 2025)	0.48% (Sep 2025)	92.91 k	20.00 k	Large Cap	27.34
Hyundai Motor India Ltd.	Passenger cars & utility vehicles	2.96	619	0.68%	-0.05%	0.73% (Sep 2025)	0% (Nov 2024)	2.54 L	10.10 k	Other	39.55
- ITC Limited	Diversified fmcg	1.12	616.2	0.68%	0.00%	1.14% (Nov 2024)	0.68% (Oct 2025)	14.66 L	0.00	Large Cap	27.34
Sansera Engineering Ltd.	Auto components & equipments	6.21	606.6	0.67%	0.03%	1.35% (Nov 2024)	0.6% (Apr 2025)	4.01 L	0.00	Other	39.55
KEI Industries Ltd.	Cables - electricals	0.65	596	0.65%	-0.04%	0.81% (Dec 2024)	0.53% (Mar 2025)	1.48 L	0.00	Small Cap	20.49
Berger Paints India Ltd.	Paints	0.63	577	0.63%	0.00%	0.86% (Apr 2025)	0.1% (Dec 2024)	10.64 L	0.00	Large Cap	27.34
Avenue Supermarts Ltd.	Diversified retail	1.42	574.4	0.63%	-0.24%	0.95% (Aug 2025)	0% (Nov 2024)	1.38 L	-0.29 L	Large Cap	27.34
Maruti Suzuki India Ltd.	Passenger cars & utility vehicles	2.96	571.2	0.63%	-0.03%	0.66% (Sep 2025)	0% (Nov 2024)	35.29 k	0.00	Large Cap	27.34
Krishna Institute of Medical Sciences Ltd.	Hospital	4.38	570.8	0.63%	-0.01%	0.96% (Mar 2025)	0.63% (Oct 2025)	7.92 L	0.00	Other	39.55
J.b. Chemicals & Pharmaceuticals Ltd.	Pharmaceuticals	5.66	568.3	0.62%	-0.04%	0.95% (Feb 2025)	0.49% (Jun 2025)	3.38 L	0.00	Other	39.55
UNO Minda Ltd.	Auto components & equipments	6.21	557.2	0.61%	-0.45%	1.09% (Aug 2025)	0.45% (Feb 2025)	4.51 L	-2.57 L	Small Cap	20.49
PG Electroplast Ltd.	Consumer electronics	1.58	554.7	0.61%	0.04%	1.29% (Mar 2025)	0% (Nov 2024)	9.72 L	0.00	Other	39.55
Sona BLW Precision Forgings Ltd.	Auto components & equipments	6.21	520.5	0.57%	0.32%	0.59% (Nov 2024)	0.19% (Jun 2025)	11.01 L	5.66 L	Other	39.55
Siemens Energy India Ltd.	Power generation	1	515.5	0.57%	-0.08%	0.64% (Sep 2025)	0% (Nov 2024)	1.62 L	0.00	Other	39.55
- Cholamandalam Investment & Finance Co. Ltd.	Non banking financial company (nbfc)	2.9	515.2	0.57%	0.00%	1.28% (Nov 2024)	0.52% (Aug 2025)	3.04 L	0.00	Other	39.55
V-Guard Industries Ltd.	Household appliances	1.92	498.9	0.55%	-0.05%	0.7% (Mar 2025)	0.55% (Oct 2025)	13.77 L	0.00	Small Cap	20.49
HDFC Asset Management Co. Ltd.	Asset management company	0.54	495.4	0.54%	-0.05%	0.63% (Jul 2025)	0.4% (Feb 2025)	92.10 k	0.00	Large Cap	27.34
Pidilite Industries Ltd.	Specialty chemicals	1.3	489.8	0.54%	-0.04%	0.71% (Apr 2025)	0% (Nov 2024)	3.39 L	0.00	Large Cap	27.34
Phoenix Mills Ltd.	Residential, commercial projects	2.58	489.8	0.54%	0.01%	1.31% (Feb 2025)	0.52% (Jul 2025)	2.91 L	0.00	Small Cap	20.49
Welspun Corp Ltd.	Iron & steel products	1.06	484.5	0.53%	0.18%	0.53% (Oct 2025)	0% (Nov 2024)	5.02 L	1.42 L	Small Cap	20.49
Jindal Steel Ltd.	Iron & steel products	1.06	484.1	0.53%	-0.03%	0.56% (Sep 2025)	0.32% (Jan 2025)	4.54 L	0.00	Mid Cap	11.59
Trent Limited	Speciality retail	1.07	475.5	0.52%	-0.03%	0.8% (Dec 2024)	0.39% (Mar 2025)	1.01 L	0.00	Mid Cap	11.59
Cipla Ltd.	Pharmaceuticals	5.66	474.4	0.52%	-0.03%	0.81% (Feb 2025)	0.52% (Oct 2025)	3.16 L	0.00	Large Cap	27.34
Tata Consumer Products Ltd.	Tea & coffee	0.96	471.4	0.52%	-0.01%	0.54% (Apr 2025)	0% (Nov 2024)	4.05 L	0.00	Mid Cap	11.59
Hindustan Aeronautics Ltd.	Aerospace & defense	1.73	470.7	0.52%	-0.04%	0.7% (May 2025)	0.1% (Feb 2025)	1.01 L	0.00	Other	39.55
Bharat Heavy Electricals Ltd.	Heavy electrical equipment	4.38	466.4	0.51%	0.12%	0.51% (Oct 2025)	0% (Nov 2024)	17.57 L	3.44 L	Mid Cap	11.59
Travel Food Services Ltd.	Restaurants	1.27	463.1	0.51%	-0.03%	0.54% (Sep 2025)	0% (Nov 2024)	3.51 L	0.00	Other	39.55
Sun Pharmaceutical Industries Ltd.	Pharmaceuticals	5.66	461.5	0.51%	0.00%	0.89% (Dec 2024)	0.5% (Sep 2025)	2.73 L	0.00	Large Cap	27.34
Titan Company Ltd.	Gems, jewellery and watches	0.5	454.6	0.50%	0.03%	0.59% (Feb 2025)	0% (Nov 2024)	1.21 L	0.00	Large Cap	27.34
Varun Beverages Ltd.	Other beverages	0.5	451.3	0.50%	0.00%	0.84% (Apr 2025)	0.44% (Feb 2025)	9.61 L	0.00	Other	39.55
# Wework India Management Ltd.	Diversified commercial services	1.3	448.6	0.49%	0.49%	0.49% (Oct 2025)	0% (Nov 2024)	6.95 L	6.95 L	Other	39.55
ITC Hotels Ltd	Hotels & resorts	0.91	445.6	0.49%	-0.05%	0.59% (Aug 2025)	0% (Nov 2024)	20.55 L	0.00	Other	39.55
Granules India Ltd.	Pharmaceuticals	5.66	445.2	0.49%	0.02%	1.37% (Jan 2025)	0.47% (Sep 2025)	7.87 L	0.00	Small Cap	20.49
Britannia Industries Ltd.	Packaged foods	0.48	437.7	0.48%	-0.04%	0.52% (Aug 2025)	0% (Nov 2024)	75.00 k	0.00	Large Cap	27.34
Schaeffler India Ltd.	Auto components & equipments	6.21	435.5	0.48%	-0.05%	0.55% (May 2025)	0.45% (Dec 2024)	1.08 L	0.00	Other	39.55
Gland Pharma Ltd.	Pharmaceuticals	5.66	429.8	0.47%	-0.04%	0.55% (Jul 2025)	0% (Nov 2024)	2.23 L	0.00	Other	39.55
ABB Power Products and Systems India Ltd.	Heavy electrical equipment	4.38	429.6	0.47%	-0.03%	0.82% (May 2025)	0.08% (Nov 2024)	24.17 k	0.00	Other	39.55
Voltamp Transformers Ltd.	Heavy electrical equipment	4.38	428.2	0.47%	-0.01%	0.63% (Jun 2025)	0.25% (Feb 2025)	57.84 k	0.00	Small Cap	20.49
# Shriram Finance Ltd.	Non banking financial company (nbfc)	2.9	421.8	0.46%	0.46%	0.46% (Oct 2025)	0% (Nov 2024)	5.63 L	5.63 L	Other	39.55
Jubilant Foodworks Ltd.	Restaurants	1.27	419	0.46%	-0.04%	0.78% (Apr 2025)	0.46% (Oct 2025)	7.01 L	0.00	Other	39.55
PB Fintech Ltd.	Financial technology (fintech)	0.82	412.4	0.45%	0.00%	0.52% (May 2025)	0.38% (Apr 2025)	2.31 L	0.00	Other	39.55
K.P.R. Mill Ltd.	Other textile products	0.45	407.9	0.45%	-0.02%	0.55% (May 2025)	0% (Nov 2024)	3.81 L	0.00	Other	39.55
Hindustan Unilever Ltd.	Diversified fmcg	1.12	402.1	0.44%	-0.03%	0.48% (Sep 2025)	0% (Nov 2024)	1.63 L	0.00	Large Cap	27.34
CCL Products (India) Ltd.	Tea & coffee	0.96	401.4	0.44%	-0.02%	0.49% (Aug 2025)	0.29% (Mar 2025)	4.67 L	0.00	Small Cap	20.49
J.K. Cement Ltd.	Cement & cement products	1.24	395.3	0.43%	-0.03%	0.53% (Aug 2025)	0.26% (Nov 2024)	63.61 k	0.00	Small Cap	20.49
Coromandel International Ltd.	Fertilizers	0.43	392.5	0.43%	-0.05%	1% (Jul 2025)	0% (Nov 2024)	1.85 L	0.00	Mid Cap	11.59
National Thermal Power Corporation Ltd.	Power generation	1	389.8	0.43%	-0.03%	0.77% (Nov 2024)	0.43% (Oct 2025)	11.57 L	0.00	Large Cap	27.34
Rainbow Childrens Medicare Ltd.	Hospital	4.38	386.1	0.42%	-0.02%	0.57% (Mar 2025)	0.42% (Oct 2025)	2.82 L	0.00	Other	39.55
Chalet Hotels Ltd.	Hotels & resorts	0.91	385.7	0.42%	-0.02%	0.49% (Aug 2025)	0% (Nov 2024)	4.06 L	0.00	Other	39.55
Apollo Hospitals Enterprises Ltd.	Hospital	4.38	380.7	0.42%	-0.01%	0.45% (Aug 2025)	0% (Nov 2024)	49.56 k	0.00	Mid Cap	11.59
HDFC Life Insurance Company Ltd.	Life insurance	0.41	372.8	0.41%	-0.04%	0.6% (Mar 2025)	0.41% (Oct 2025)	5.09 L	0.00	Large Cap	27.34
Glenmark Pharmaceuticals Ltd.	Pharmaceuticals	5.66	368.8	0.41%	-0.04%	0.5% (Jul 2025)	0% (Nov 2024)	1.95 L	0.00	Mid Cap	11.59
Jubilant Ingrevia Ltd.	Specialty chemicals	1.3	366.6	0.40%	0.01%	0.5% (Jul 2025)	0% (Nov 2024)	5.31 L	0.00	Other	39.55
Tech Mahindra Ltd.	Computers - software & consulting	4.61	363.9	0.40%	-0.01%	0.76% (Jun 2025)	0% (Nov 2024)	2.55 L	0.00	Large Cap	27.34
Lupin Ltd.	Pharmaceuticals	5.66	353.4	0.39%	-0.01%	0.6% (Dec 2024)	0.39% (Oct 2025)	1.80 L	0.00	Large Cap	27.34
Suven Pharmaceuticals Ltd.	Pharmaceuticals	5.66	352	0.39%	-0.09%	0.48% (Sep 2025)	0% (Nov 2024)	4.67 L	0.00	Other	39.55
KFIN Technologies Ltd.	Financial technology (fintech)	0.82	339.8	0.37%	0.00%	0.44% (Jun 2025)	0% (Nov 2024)	3.09 L	0.00	Other	39.55
Galaxy Surfactants Ltd.	Specialty chemicals	1.3	324.2	0.36%	-0.01%	0.6% (Nov 2024)	0.36% (Oct 2025)	1.45 L	0.00	Small Cap	20.49
Motherson Sumi Systems Ltd.	Auto components & equipments	6.21	318.3	0.35%	-0.02%	0.37% (Sep 2025)	0.1% (Feb 2025)	30.20 L	0.00	Large Cap	27.34
Hindalco Industries Ltd.	Aluminium	0.34	313.7	0.34%	0.02%	0.36% (Mar 2025)	0.23% (Dec 2024)	3.70 L	0.00	Large Cap	27.34
Sagility India Ltd.	It enabled services	1.19	305.1	0.34%	0.15%	0.34% (Oct 2025)	0% (Nov 2024)	58.06 L	21.08 L	Other	39.55
Prestige Estates Projects Ltd.	Residential, commercial projects	2.58	303.7	0.33%	0.03%	0.64% (Dec 2024)	0.26% (Mar 2025)	1.74 L	0.00	Mid Cap	11.59
Narayana Hrudayalaya Ltd.	Hospital	4.38	302.1	0.33%	-0.01%	0.71% (Jun 2025)	0.33% (Oct 2025)	1.72 L	0.00	Small Cap	20.49
Arvind Fashions Ltd.	Speciality retail	1.07	300.2	0.33%	-0.04%	0.5% (Nov 2024)	0.32% (Mar 2025)	5.97 L	0.00	Other	39.55
Vijaya Diagnostic Centre Ltd.	Healthcare service provider	0.33	297.9	0.33%	-0.02%	0.43% (Mar 2025)	0% (Nov 2024)	3.01 L	0.00	Other	39.55
PNB Housing Finance Ltd.	Housing finance company	0.32	287.1	0.32%	0.01%	1.03% (May 2025)	0.28% (Aug 2025)	3.09 L	0.00	Mid Cap	11.59
Pi Industries Ltd.	Pesticides & agrochemicals	0.31	284.5	0.31%	-0.01%	0.48% (Nov 2024)	0.31% (Oct 2025)	79.54 k	0.00	Mid Cap	11.59
Sapphire Foods India Ltd.	Restaurants	1.27	273.4	0.30%	-0.02%	0.41% (Feb 2025)	0% (Nov 2024)	9.56 L	0.00	Other	39.55
National Securities Depository Ltd.	Depositories, clearing houses and other intermediaries	0.29	261.6	0.29%	-0.03%	0.48% (Aug 2025)	0% (Nov 2024)	2.26 L	0.00	Other	39.55
# LG Electronics India Pvt. Ltd.	Consumer electronics	1.58	241.1	0.26%	0.26%	0.26% (Oct 2025)	0% (Nov 2024)	1.45 L	1.45 L	Other	39.55
Torrent Pharmaceuticals Ltd.	Pharmaceuticals	5.66	240.4	0.26%	-0.02%	0.3% (Jul 2025)	0.21% (May 2025)	67.52 k	0.00	Mid Cap	11.59
# Lenskart Solutions Ltd.	Speciality retail	1.07	198.2	0.22%	0.22%	0.22% (Oct 2025)	0% (Nov 2024)	4.93 L	4.93 L	Other	39.55
Jyothy Laboratories Ltd.	Household products	0.21	190	0.21%	-0.01%	0.32% (Apr 2025)	0.2% (Mar 2025)	6.04 L	0.00	Small Cap	20.49
Ather Energy Ltd.	2/3 wheelers	1.33	171.6	0.19%	0.03%	0.19% (Oct 2025)	0% (Nov 2024)	2.48 L	0.00	Other	39.55
Rolex Rings Private Ltd.	Auto components & equipments	6.21	121.6	0.13%	-0.02%	0.33% (Nov 2024)	0.13% (Oct 2025)	9.97 L	9.97 L	Other	39.55
Bajaj Auto Ltd.	2/3 wheelers	1.33	86	0.09%	-0.20%	0.74% (Nov 2024)	0.09% (Oct 2025)	9.67 k	-0.20 L	Large Cap	27.34
Godrej Consumer Products Ltd	Personal care	0.09	83.4	0.09%	-0.19%	0.46% (Apr 2025)	0% (Nov 2024)	74.53 k	-1.36 L	Large Cap	27.34
- TTK Prestige Ltd.	Household appliances	1.92	55.9	0.06%	0.00%	0.1% (Nov 2024)	0.06% (Jun 2025)	83.43 k	0.00	Other	39.55
# TVS Motor Company Ltd. - Preference Shares	2/3 wheelers	1.33	10.5	0.01%	0.00%	0% (Nov 2025)	0% (Nov 2025)	10.43 L	0.00	Other	39.55
Max Healthcare Institute Ltd.	Hospital	4.38	14.2	0.00%	-0.02%	-	-	-	-	Other	39.55

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

New Stocks added in Portfolio (in 1 month period ending 31st Oct,2025)

Stock Invested in	Sector	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	1M Change in Qty
# Lenskart Solutions Ltd.	Speciality retail	198.2	0.22%	0.22%	0.22% (Oct 2025)	0% (Nov 2024)	4.93 L	493025
# Wework India Management Ltd.	Diversified commercial services	448.6	0.49%	0.49%	0.49% (Oct 2025)	0% (Nov 2024)	6.95 L	694882
# LG Electronics India Pvt. Ltd.	Consumer electronics	241.1	0.26%	0.26%	0.26% (Oct 2025)	0% (Nov 2024)	1.45 L	144922
# Shriram Finance Ltd.	Non banking financial company (nbfc)	421.8	0.46%	0.46%	0.46% (Oct 2025)	0% (Nov 2024)	5.63 L	563188

Stocks removed from Portfolio (in 1 month period ending 31st Oct,2025)

Stock Invested in	Sector	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	1M Change in Qty
Max Healthcare Institute Ltd.	Hospital	14.2	0.00%	-0.02%	0.49% (Mar 2025)	0% (Nov 2024)	0.00	-12727

Trend in stock holdings (Top 15 Holding)

Stock	Oct 2025	Sep 2025	Aug 2025	Jul 2025	Jun 2025	May 2025	Apr 2025	Mar 2025	Feb 2025	Jan 2025	Dec 2024	Nov 2024	Oct 2024
HDFC Bank Ltd.	5.97%	6.07%	6.29%	6.80%	6.76%	7.13%	7.83%	5.85%	5.27%	4.86%	4.29%	3.57%	3.57%
ICICI Bank Ltd.	3.75%	3.81%	4.09%	4.36%	4.26%	4.65%	5.14%	4.85%	4.38%	4.29%	4.21%	4.41%	4.54%
Reliance Industries Ltd.	3.31%	3.08%	3.18%	3.27%	3.54%	3.56%	3.79%	2.84%	2.08%	2.07%	1.90%	2.09%	2.23%
Fortis Healthcare Ltd.	2.58%	2.58%	2.52%	2.27%	2.11%	2.00%	2.08%	2.40%	2.32%	2.28%	2.46%	2.32%	2.28%
Bharti Airtel Ltd.	2.15%	2.07%	2.16%	2.20%	2.31%	2.36%	2.55%	1.96%	1.95%	1.90%	1.78%	1.88%	1.93%
Minda Corporation Ltd.	1.83%	1.94%	1.77%	1.77%	1.86%	1.98%	1.98%	2.28%	2.23%	2.45%	1.97%	2.06%	2.21%
Infosys Ltd.	1.39%	1.62%	1.92%	1.98%	1.69%	1.37%	1.21%	1.48%	2.38%	2.75%	2.64%	2.39%	2.34%
Blue Star Ltd.	1.31%	1.34%	1.39%	1.29%	1.22%	1.21%	1.55%	2.74%	2.70%	2.41%	2.63%	2.35%	2.46%
Persistent Systems Ltd.	0.85%	0.73%	0.83%	0.81%	1.46%	1.37%	1.25%	2.52%	2.88%	3.08%	3.16%	2.77%	2.61%
Mahindra & Mahindra Ltd.	1.65%	1.71%	1.50%	1.36%	1.36%	1.35%	1.43%	1.35%	1.44%	2.43%	2.34%	2.39%	2.52%
Bajaj Finance Ltd.	1.87%	1.89%	1.72%	1.79%	1.84%	1.79%	1.91%	1.47%	1.54%	1.25%	0.89%	0.89%	1.02%
State Bank Of India	1.58%	1.55%	1.40%	1.40%	1.44%	1.52%	1.64%	1.55%	1.52%	1.61%	1.42%	1.54%	1.56%
Brigade Enterprises Ltd.	0.81%	0.73%	0.78%	0.86%	1.46%	1.62%	1.64%	1.62%	1.72%	1.92%	1.96%	2.02%	1.99%
Larsen & Toubro Ltd.	1.45%	1.39%	1.41%	1.43%	1.29%	1.38%	1.35%	1.46%	1.45%	1.54%	1.50%	1.60%	1.61%
Eternal Ltd.	1.94%	1.95%	1.95%	1.81%	1.09%	0.86%	0.69%	1.24%	-	-	-	-	-
Zomato Ltd.	-	-	-	-	-	-	-	-	1.31%	0.90%	1.44%	1.50%	1.14%