Axis ESG Integration Strategy Fund Direct Growth
Equity
Direct
Equity - Esg
NAV as on 21-11-2024
₹ 22.3
1D
Inception Returns
18.3%
/yr
About Axis ESG Integration Strategy Fund Direct Growth
Axis ESG Integration Strategy Fund Direct Growth is an equity fund. This fund was started on 12 February, 2020. The fund is managed by Shreyash Devalkar. The fund could potentially beat inflation in the long-run.
Key Parameters
- Axis ESG Integration Strategy Fund Direct Growth has ₹1333 Cr worth of assets under management (AUM) as on Oct 2024 and is more than category average.
- The fund has an expense ratio 1.3.
Returns
Axis ESG Integration Strategy Fund Direct Growth has given a CAGR return of 18.29% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 24.23% and 8.25% respectively.
Holdings
Axis ESG Integration Strategy Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Tech, Consumer Cyclical, Utilities, Industrial, Consumer Defensive, Communication, Health, Basic Materials. Its top holdings are Infosys Ltd, ICICI Bank Ltd, Bharti Airtel Ltd, HDFC Bank Ltd, Torrent Power Ltd
Taxation
As it is a equity - esg 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 benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of Axis ESG Integration Strategy Fund Direct Growth
To generate long-term capital appreciation by investing in a diversified portfolio of companies demonstrating sustainable practices across Environmental, Social, and Governance (ESG) parameters using an ESGIntegration approach. However, there can be no assurance that the investment objective of the Scheme will be achieved.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Axis ESG Integration Strategy Fund Direct Growth has no lock in period.
Historical NAV & Returns
INDmoney Rank for Axis ESG Integration Strategy Fund Direct Growth
Axis ESG Integration Strategy Fund Direct Growth Overview
| Expense ratio | 1.27% |
Benchmark | Morningstar India Sustain NR INR |
| AUM | ₹1333 Cr |
| Inception Date | 12 February, 2020 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 54.06% |
| STCG | Redeeming before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Trailing Returns
as on (21-Nov-24)
Fund Distribution
as on (31-Oct-24)
- AUM of the fund stands at 1.4K Cr as of Oct'24
- AUM has remained same between Oct'24 and Sep'24
Top 3 Sectors in October were Consumer Cyclical, Financial Services & Tech
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Infosys Ltd | 6.13% | 0% | |
 ICICI Bank Ltd | 5.81% | 0% | |
 Bharti Airtel Ltd | 4.56% | 0% | |
 HDFC Bank Ltd | 4.53% | 0% | |
 Torrent Power Ltd | 4.09% | 0% |
Top Losers | 1M Return |
|---|---|
 Interglobe Aviation Ltd | -11.9% |
 Mahindra & Mahindra Ltd | -1.6% |
 Infosys Ltd | -1.5% |
Axis ESG Integration Strategy Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹1333 Cr
Expense Ratio 1.27%
Frequently Asked Questions for Axis ESG Integration Strategy Fund Direct Growth
Axis ESG Integration Strategy Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -5.63% | -5.63% |
6 Month Returns | 7.01% | 7.01% |
1 Year Returns | 24.23% | 24.23% |
3 Years Returns | 26.85% | 8.25% |
5 Years Returns | 0% | 0% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Axis ESG Integration Strategy Fund Direct Growth | 3.04 | -1.09 | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Axis ESG Integration Strategy Fund Direct Growth | 0.91 | 0.9 | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Axis ESG Integration Strategy Fund Direct Growth | 1.74 | 0.3 | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Axis ESG Integration Strategy Fund Direct Growth | 13.87 | 14.54 | - |