Axis Flexi Cap Fund Direct Growth
Equity
Direct
Flexi Cap
NAV as on 20-12-2024
₹ 28.64
1D
Inception Returns
16.3%
/yr
About Axis Flexi Cap Fund Direct Growth
Axis Flexi Cap Fund Direct Growth is an equity fund. This fund was started on 17 November, 2017. The fund is managed by Sachin Relekar. The fund could potentially beat inflation in the long-run.
Key Parameters
- Axis Flexi Cap Fund Direct Growth has ₹12666 Cr worth of assets under management (AUM) as on Nov 2024 and is more than category average.
- The fund has an expense ratio 0.7.
Returns
Axis Flexi Cap Fund Direct Growth has given a CAGR return of 16.32% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 27.07%, 12.96% and 17.07% respectively.
Holdings
Axis Flexi Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Health, Tech, Basic Materials, Real Estate, Communication, Consumer Defensive, Utilities. Its top holdings are ICICI Bank Ltd, HDFC Bank Ltd, Bharti Airtel Ltd, Trent Ltd, Bajaj Finance Ltd
Taxation
As it is a flexi cap 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 Flexi Cap Fund Direct Growth
To generate long term capital appreciation by investing in a dynamic mix of equity and equity related instruments across market capitalizations. However, there is no assurance or guarantee 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 Flexi Cap Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
▲
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5403 people have invested ₹ 3.1Cr in Axis Flexi Cap Fund Direct Growth in the last three months
INDmoney Rank for Axis Flexi Cap Fund Direct Growth
Powered by IND quant engine
16
/20
30% Performance
33% Risk Management
70% Cost
16 out of 20 among flexi cap
Beats FD returns for both 3Y & 5Y
Poor track record of protecting capital in bear phase
3Y returns in the bottom 25% of the category
Axis Flexi Cap Fund Direct Growth Overview
| Expense ratio | 0.71% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹12666 Cr |
| Inception Date | 17 November, 2017 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 36.8% |
| STCG | Selling mutual fund 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 (20-Dec-24)
Fund Distribution
as on (30-Nov-24)
Large cap
64.9%
Mid cap
15.8%
Small cap
13.6%
Sector Allocation
Financial Services
26.8%
Consumer Cyclical
19.4%
Industrial
15.4%
Health
8.4%
Tech
8.3%
Basic Materials
5.4%
Real Estate
4.5%
Communication
4.5%
Consumer Defensive
3.8%
Utilities
3.5%
All changes are between Sep'24 and Nov'24
- This fund’s returns stands at 1.27% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.60% as on Nov'24
- This fund outperformed Nifty 500 by 1.87% in Nov'24
- AUM of the fund stands at 12.7K Cr as of Nov'24
- AUM decreased by 797.9 Cr between Nov'24 and Oct'24
Top Stocks bought last month
HDFC Bank Ltd's allocation increased from 5.39% to 6.4%
ICICI Bank Ltd's allocation increased from 7.66% to 8.26%
Krishna Institute of Medical Sciences Ltd's allocation increased from 2.33% to 2.6%
Top Stocks sold last month
Bajaj Finance Ltd's allocation decreased from 5.38 % to 4.96 %
Infosys Ltd's allocation decreased from 3.45 % to 3.44 %
UltraTech Cement Ltd's allocation decreased from 2.8 % to 2.79 %
Small Cap allocation has gone down from 13.9% to 13.6%
Mid Cap allocation has gone down from 17.8% to 15.8%
Large Cap allocation has gone up from 64.1% to 64.9%
Cash allocation has gone up from 4.2% to 5.3%
Top 3 Sectors in November were Financial Services, Consumer Cyclical & Industrial
Nov'24
Financial Services
27%
Consumer Cyclical
19%
Industrial
15%
Oct'24
Financial Services
26%
Consumer Cyclical
21%
Industrial
15%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 ICICI Bank Ltd | 8.4% | 0% | |
 HDFC Bank Ltd | 6.53% | 11.5% | |
 Bharti Airtel Ltd | 4.26% | 5.1% | |
 Trent Ltd | 4.26% | 0% | |
 Bajaj Finance Ltd | 4.13% | -3% |
See all
See all
Top Growth Drivers | 1M Return |
|---|---|
PB Fintech Ltd | 25.4% |
 Zomato Ltd | 7.6% |
 Krishna Institute of Medical Sciences Ltd | 2.7% |
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Sachin Relekar
Fund Manager of Axis Flexi Cap Fund Direct Growth, since 1 February 2024
Top funds managed
Fund House
Axis Asset Management Company Limited
Total Schemes
Total AUM
₹3.21L Cr
as on 29-Nov-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
Mutual Fund Insights
This fund expense ratio is slightly on the lower side within the category (flexi cap). Its expense ratio is 0.71% which is lower than the category average expense ratio of 1.16%.
In the last 1 year, Motilal Oswal Flexicap Fund Direct Plan Growth has given 48.92% return, outperforming this fund by 21.86%.
In the last 3 years, JM Flexicap Fund (Direct) Growth Option has given 28.98% return, outperforming this fund by 16.02% per annum.
In the last 5 years, Quant Flexi Cap Fund Growth Option Direct Plan has given 32.72% return, outperforming this fund by 15.65% per annum.
Over the last 15 months, this fund has increased expense ratio by 4.4% moving from 0.68 to 0.71.
Over the last 3 months, this fund has experienced a 3.4% drop in AUM moving from 13.11K Cr to 12.66K Cr.
Axis Flexi Cap Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 16.32% since inception which is less than its category average return of 19.68%
Fund Allocations
This fund has an allocation of 94.67% in Equity, 0% in Debt and 5.33% in Cash related instruments
AUM size ₹12666 Cr
This fund has AUM of ₹12666 Cr which is more than its category average of ₹ 8877 Cr
Expense Ratio 0.71%
This fund has an expense ratio of 0.71% which is less than its category average expense ratio of 1.34%
Frequently Asked Questions for Axis Flexi Cap Fund Direct Growth
The current NAV of Axis Flexi Cap Fund Direct Growth is ₹28.64 as on 20-Dec-2024.
Existing (Absolute + CAGR) as on 20-Dec-2024.
Axis Flexi Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 5.26% | 5.26% |
6 Month Returns | 6.73% | 6.73% |
1 Year Returns | 27.07% | 27.07% |
3 Years Returns | 44.13% | 12.96% |
5 Years Returns | 119.88% | 17.07% |
With INDmoney, the process of investing is very simple and involves zero commission.
- 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.
0.71% as on November 2024
₹12666 Cr as on November 2024
ICICI Bank Ltd(8.4%), HDFC Bank Ltd(6.53%), Bharti Airtel Ltd(4.26%), Trent Ltd(4.26%), Bajaj Finance Ltd(4.13%) as on November 2024
Financial Services(25.42%), Consumer Cyclical(18.37%), Industrial(14.6%) as on November 2024
The alpha ratio for the Axis Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Axis Flexi Cap Fund Direct Growth | 5.39 | -3.45 | 0.19 |
As on November 2024
The alpha for Axis Flexi Cap 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 Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Axis Flexi Cap Fund Direct Growth | 0.87 | 0.93 | 0.81 |
As on November 2024
The Beta for Axis Flexi Cap 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 Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Axis Flexi Cap Fund Direct Growth | 1.84 | 0.47 | 0.73 |
As on November 2024
The sharpe ratio for Axis Flexi Cap 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 Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Axis Flexi Cap Fund Direct Growth | 11.62 | 13.5 | 16.53 |
As on November 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.
Sortino ratio is 0.76 as on November 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Sachin Relekar is the fund manager of Axis Flexi Cap Fund Direct Growth
The Exit load of Axis Flexi Cap Fund Direct Growth is 1%