Axis Consumption Fund Direct Growth

Axis Consumption Fund Direct Growth

Equity

Direct

Equity - Consumption

NAV as on 21-11-2024

₹ 9.36

-0.1%

1D

Inception Returns

-7.1%

/yr

About Axis Consumption Fund Direct Growth

Axis Consumption Fund Direct Growth is an equity fund. This fund was started on 18 September, 2024. The fund is managed by . The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Axis Consumption Fund Direct Growth has ₹4461 Cr worth of assets under management (AUM) as on Oct 2024 and is more than category average.
  2. The fund has an expense ratio 0.4.

Returns

Axis Consumption Fund Direct Growth has given a CAGR return of -7.14% since inception.

Holdings

Axis Consumption Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Consumer Defensive, Communication, Health, Industrial, Utilities, Financial Services, Basic Materials, Real Estate, Tech. Its top holdings are Bharti Airtel Ltd, Mahindra & Mahindra Ltd, Bajaj Auto Ltd, Zomato Ltd, Trent Ltd

Taxation

As it is a equity - consumption mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Dividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.

Investment objective of Axis Consumption Fund Direct Growth

To provide long term capital appreciation from an actively managed portfolio of equity and equity related securities of companies engaged in consumption and consumption related sector or allied sectors.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 500.00. Axis Consumption Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
3411 people have invested ₹ 5.8Cr in Axis Consumption Fund Direct Growth in the last three months

INDmoney Rank for Axis Consumption Fund Direct Growth

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Axis Consumption Fund Direct Growth Overview

Expense ratio0.37%
Benchmark
S&P BSE 500 India TR INR
AUM₹4461 Cr
Inception Date18 September, 2024
Min Lumpsum/SIP₹100/₹500
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
0%
STCGRedeeming before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

Trailing Returns

as on (21-Nov-24)

Period
Axis Consumption Fund Direct Growth
Nifty 500
equity - consumption
1M
-4.9%
-6.2%
-

Fund Distribution

as on (31-Oct-24)

  • Equity 84.3%

  • Debt & Cash 15.8%

Large cap
55.7%

Mid cap
9.2%

Small cap
4.3%

Sector Allocation

Oct'24

Sep'24

Aug'24

Consumer Cyclical
46.4%
Consumer Defensive
21.2%
Communication
14%
Industrial
3.9%
Health
3.8%
Utilities
3.6%
Basic Materials
3.2%
Financial Services
2.1%
Real Estate
1.8%
Fund
Oct'24
Sep'24
No of Holdings
50
50
Top 5 Company Concentration
28.3%
28.3%
Company having highest exposure
Bharti Airtel Ltd (8.6%)
Bharti Airtel Ltd (8.6%)
No of Sectors
9
9
Top 5 Sectors Concentration
89.3%
89.3%
Sector having highest exposure
Consumer Cyclical (46.4%)
Consumer Cyclical (46.4%)
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Fund House
Axis Asset Management Company Limited
Total Schemes
Total AUM
₹3.35L Cr
as on 31-Oct-2024
Address
Axis Asset Management Company Ltd.,Axis House, 1st Floor, C-2, Wadia International Centre,,Pandurang Budhkar Marg, Worli,
Phone
+912243255161
Website
customerservice@axismf.com

Axis Consumption Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
Fund Allocations

Fund Allocations

This fund has an allocation of 84.25% in Equity, 0% in Debt and 15.75% in Cash related instruments
AUM size ₹4461 Cr

AUM size ₹4461 Cr

This fund has AUM of ₹4461 Cr which is more than its category average of ₹ 1793 Cr
Expense Ratio 0.37%

Expense Ratio 0.37%

This fund has an expense ratio of 0.37% which is less than its category average expense ratio of 1.28%

Frequently Asked Questions for Axis Consumption Fund Direct Growth

The current NAV of Axis Consumption Fund Direct Growth is ₹9.36 as on 21-Nov-2024.
Existing (Absolute + CAGR) as on 21-Nov-2024.
Axis Consumption Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
-4.88%
-4.88%
6 Month Returns
0%
0%
1 Year Returns
0%
0%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
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0.37% as on October 2024
₹4461 Cr as on October 2024
Bharti Airtel Ltd(8.66%), Mahindra & Mahindra Ltd(5.36%), Bajaj Auto Ltd(4.78%), Zomato Ltd(4.77%), Trent Ltd(4.47%) as on October 2024
Consumer Cyclical(35.18%), Consumer Defensive(15.64%), Communication(10.45%) as on October 2024
The alpha ratio for the Axis Consumption Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Axis Consumption Fund Direct Growth
-
-
-
As on October 2024
The alpha for Axis Consumption Fund Direct Growth is calculated against S&P BSE 500 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Axis Consumption Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Axis Consumption Fund Direct Growth
-
-
-
As on October 2024
The Beta for Axis Consumption Fund Direct Growth is calculated with S&P BSE 500 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Axis Consumption Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Axis Consumption Fund Direct Growth
-
-
-
As on October 2024
The sharpe ratio for Axis Consumption Fund Direct Growth is calculated with S&P BSE 500 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Axis Consumption Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Axis Consumption Fund Direct Growth
-
-
-
As on October 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
The Exit load of Axis Consumption Fund Direct Growth is 1%