Axis Business Cycles Fund — Portfolio Holdings (Axis Mutual Fund)

Equity positions

Portfolio coverage

99.94%

Latest month

Sep 2026

Top equity holdings

Stock	Value	% of AUM	MoM
LT · Larsen & Toubro Limited	₹77.37 Cr	3.79%	→ Held
AXISBANK · Axis Bank Limited	₹73.44 Cr	3.60%	→ Held
ICICIBANK · ICICI Bank Limited	₹73.23 Cr	3.59%	→ Held
HDFCBANK · HDFC Bank Limited	₹68.04 Cr	3.34%	▲ Added
KOTAKBANK · Kotak Mahindra Bank Limited	₹55.48 Cr	2.72%	▲ Added
GRASIM · Grasim Industries Limited	₹54.44 Cr	2.67%	→ Held
AETHER · Aether Industries Limited	₹52.71 Cr	2.58%	→ Held
BHARTIARTL · Bharti Airtel Limited	₹50.31 Cr	2.47%	→ Held
PTCIL · PTC Industries Limited	₹45.31 Cr	2.22%	→ Held
INDUSINDBK · IndusInd Bank Limited	₹45.07 Cr	2.21%	→ Held
RELIANCE · Reliance Industries Limited	₹44.22 Cr	2.17%	▲ Added
PAYTM · One 97 Communications Limited	₹39.89 Cr	1.96%	▼ Trimmed
HCLTECH · HCL Technologies Limited	₹39.64 Cr	1.94%	→ Held
JINDALSTEL · JINDAL STEEL LIMITED	₹31.88 Cr	1.56%	→ Held
ETERNAL · ETERNAL LIMITED	₹31.85 Cr	1.56%	▼ Trimmed

Showing the top 15 of 85 equity holdings. Access the full portfolio via the API →

Top 15 equity holdings by market value. Source: the fund house's monthly portfolio disclosures (via AMFI). Figures in Cr (crore).

Every holding, every month, plus quantity changes — via one REST API call.