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Axis Momentum Fund Direct Growth

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Overview

Axis Momentum Fund Direct Growth

Axis Mutual Fund

The Scheme seeks to provide long-term capital growth from an actively managed diversified portfolio of equity & equity-related securities of companies that exhibit strong momentum. The selection of securities will be based on a quantitative model that will aim to maximize momentum exposure based on various parameter.

Investments in Axis Momentum Fund Direct Growth are subject to market risks. Please read the offer document carefully before investing to understand the potential market risks and rewards.

Latest NAV

₹ 8.67

Fund Size (AUM)

₹1234.2 Cr

Risk

Very High (Risk rating: 6/10)

Minimum Investment

Lumpsum: ₹ 100

SIP: ₹500

Launch Date

12-Dec-2024

Expense Ratio

0.51%

Exit Load

For units in excess of 10% of the investment 1% will be charged for redemption within 12 Months

Benchmark

NIFTY 500 Total Return Index

Standard Deviation

N/A

History

Performance & Ratios

1-Year SIP Return

N/A

3-Year SIP Return

N/A

5-Year SIP Return

N/A

Mean Return

N/A

Alpha

-

Beta

-

Sharpe Ratio

-

Sortino Ratio

-

Information Ratio

-

Returns
1Y 3Y 5Y All Time
Fund Returns N/A N/A N/A N/A
Category Average 5.23% 17.08% 27.03% N/A
Rank Within Category N/A N/A N/A N/A

Holdings (40)

Company Sector Instrument Assets
ICICI Bank Ltd. Financial Equity 8.79%
Bharti Airtel Ltd. Communication Equity 6.28%
BSE Ltd. Services Equity 4.38%
Mahindra & Mahindra Ltd. Automobile Equity 4.02%
Divi's Laboratories Ltd. Healthcare Equity 3.86%
Firstsource Solutions Ltd. Services Equity 3.51%
Wipro Ltd. Technology Equity 3.34%
Persistent Systems Ltd. Technology Equity 3.21%
Multi Commodity Exchange Of India Ltd. Services Equity 3.2%
PB Fintech Ltd. Services Equity 3.11%

Holdings Analysis

Peer Comparison

SIP, STP & SWP Details

Systematic Investment Plan (SIP):

Frequency: Monthly

Min Amount: ₹ 500

Multiplier: 1

Systematic Transfer Plan (STP):

Frequency: MONTHLY

Dates: 1, 7, 10, 15, 25

Min Amount: ₹ 1000

Min Installments: 6

Systematic Withdrawal Plan (SWP):

Frequency: MONTHLY

Dates: 1, 5, 10, 15, 25

Min Amount: ₹ 1000

Min Installments: 6

AMC Details

Asset Management Company

Axis Mutual Fund

Axis Mutual Fund started their mutual fund on 04/09/2009 and its managing total assets of ₹69,145 Cr. Its ranked at 10 as per total assets at end of 30th Sep 2017. Axis Mutual Fund employs robust strategies to manage market risks, but investments remain subject to market risks. Please read the fund’s documentation for detailed risk management policies.

Axis mutual fund was established in October 2009 and since then it has made a mark in the mutual fund industry. Axis mutual fund claims that the reason for it to reach the peak of success is because of the three principles they follow strictly, which is, long-term wealth creation, customer's view and long-term relationship.

Axis Mutual Fund houses more than 50 schemes, it has over 20 lac investors investing with them and is present in over 90 cities.Their main motto is to take any fund decision keeping a customer centric approach in mind. The AMC commits to keep investors at the heart of every decision.

They also believe in leveraging the equity of the brand 'Axis' and aim at building a relationship with stakeholders. Axis wants its investors to think long-term when it comes to mutual fund investing and they want their investors to optimize their money through mutual funds.

Launch Date

2009-09-04T00:00:00.539Z

Total AUM

₹ 305435.43 Cr

Address

23rd Floor, One Lodha Place,S. B. Road, Lower Parel. Mumbai 400013

Phone

022-24255161

Website

http://www.axismf.com

Sub Type

Contra

Sub Type Info

Contra funds follow Contrarian strategy which means investing in stocks in contrast to the prevailing sentiment. Minimum investment in equity is 65%.

Tax Impact

Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.

Stamp Duty

0.005% (from July 1st, 2020)

Fund Manager Details

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Frequently Asked Questions

How is the overall rating calculated?

The overall rating for Axis Momentum Fund Direct Growth is an aggregate score based on performance metrics (returns over 1, 3, and 5 years), risk-adjusted returns (Sharpe and Sortino ratios), and consistency relative to its category. Ratings are on a scale of 1 to 5, with 5 being the highest.

What are the top stocks of Axis Momentum Fund Direct Growth?

The top stocks held by Axis Momentum Fund Direct Growth include ICICI Bank Ltd., Bharti Airtel Ltd., BSE Ltd..

Which industries does Axis Momentum Fund Direct Growth invest in?

Axis Momentum Fund Direct Growth primarily invests in the following industries: Financial, Communication, Services.

Who are the fund managers of Axis Momentum Fund Direct Growth?

The fund managers of Axis Momentum Fund Direct Growth are Karthik Kumar and Mayank Hyanki.

How many years has the fund manager been managing Axis Momentum Fund Direct Growth?

Karthik Kumar: Calculating...
Mayank Hyanki: Calculating...

What is the minimum investment for Axis Momentum Fund Direct Growth?

The minimum investment for Axis Momentum Fund Direct Growth is ₹100 for lumpsum investments and ₹500 for SIPs.

What are the average 1-year returns for Axis Momentum Fund Direct Growth?

Calculating...

What are the average 3-year returns for Axis Momentum Fund Direct Growth?

Calculating...

What is the expense ratio of Axis Momentum Fund Direct Growth, and how does it compare to its category?

The expense ratio of Axis Momentum Fund Direct Growth is 0.51%. No category comparison data is available.