Axis Focused Fund Direct Growth
Equity
Direct
Focused Fund
NAV as on 05-09-2024
₹ 63.24
Inception Returns
15.6%
/yr
About the Fund
The Axis Focused 25 Fund is a direct equity mutual fund that invests in a carefully selected portfolio of 25 high-quality Indian companies which have a potential of providing strong returns. The fund has a higher exposure to sectors such as financial services and consumer goods which generally form the top 25% of the Nifty50 index. Some of the top holdings of the fund include companies like HDFC Bank, Reliance Industries, Infosys, and Bajaj Finance.The fund is suitable for investors who are looking for a safe investment avenue which provides stable returns with minimal risk as the companies the fund invests in are fundamentally strong.
Key Parameters
- Axis Focused Fund Direct Growth has ₹14075 Cr worth of assets under management (AUM) as on Jul 2024 and is more than category average.
- The fund has an expense ratio 0.8.
Returns
Axis Focused Fund Direct Growth has given a CAGR return of 15.61% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 32.93%, 7.11% and 16.74% respectively.
Holdings
Axis Focused Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Basic Materials, Utilities, Communication, Tech, Health, Industrial, Consumer Defensive, Energy, Real Estate. Its top holdings are Torrent Power Ltd, ICICI Bank Ltd, Tata Consultancy Services Ltd, Bajaj Finance Ltd, Pidilite Industries Ltd
Taxation
As it is a focused fund 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 Focused Fund Direct Growth
To generate long term capital appreciation by investing in a concentrated portfolio of equity & equity related instruments of up to 25 companies.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Axis Focused Fund Direct Growth has no lock in period.
Historical NAV & Returns
INDmoney Rank
Fund Overview
| Expense ratio | 0.79% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹14075 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 152.36% |
| 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 (05-Sep-24)
Fund Distribution
as on (31-Jul-24)
- This fund’s returns stands at 3.74% whereas the fund’s underlying benchmark Nifty 500 returns stands at 3.53% as on Jul'24
- This fund outperformed Nifty 500 by 0.21% in Jul'24
- AUM of the fund stands at 14.1K Cr as of Jul'24
- AUM increased by 194.2 Cr between Jul'24 and Jun'24
Top 3 Sectors in July were Financial Services, Consumer Cyclical & Basic Materials
Top Growth Drivers | 1M Return |
|---|---|
 Trent Ltd | 33.5% |
PB Fintech Ltd | 17.4% |
 Bajaj Auto Ltd | 15.6% |
Mutual Fund Insights
Axis Focused Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹0 Cr
Expense Ratio 0.79%
Frequently Asked Questions
Axis Focused Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 6.33% | 6.33% |
6 Month Returns | 20.21% | 20.21% |
1 Year Returns | 32.93% | 32.93% |
3 Years Returns | 22.89% | 7.11% |
5 Years Returns | 116.81% | 16.74% |
- 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 Focused Fund Direct Growth | 1.41 | -10.38 | -4.96 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Axis Focused Fund Direct Growth | 0.77 | 1.02 | 0.97 |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Axis Focused Fund Direct Growth | 2.14 | 0.16 | 0.61 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Axis Focused Fund Direct Growth | 11.07 | 14.94 | 19.54 |