Axis Growth Opportunities Fund Direct Growth

Axis Growth Opportunities Fund Direct Growth

Equity

Direct

Large & Mid-Cap

NAV as on 19-12-2024

₹ 35.62

▼-0.4%

1D

Inception Returns

22.9%

/yr

About Axis Growth Opportunities Fund Direct Growth

Axis Growth Opportunities Fund is a mutual fund designed to provide investors with long-term capital appreciation by investing primarily in equity and equity-related instruments of growth-oriented companies. Growth oriented companies are firms whose revenues or business generally grows faster than the industry average.

The investment strategy of the fund focuses on identifying high-quality businesses with strong growth potential across various sectors and market capitalizations. The fund invests in companies like HDFC, HUL and Infosys.

Key Parameters

  1. Axis Growth Opportunities Fund Direct Growth has ₹13780 Cr worth of assets under management (AUM) as on Nov 2024 and is more than category average.
  2. The fund has an expense ratio 0.6.

Returns

Axis Growth Opportunities Fund Direct Growth has given a CAGR return of 22.90% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 30.14%, 16.98% and 24.00% respectively.

Holdings

Axis Growth Opportunities Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Tech, Consumer Cyclical, Health, Utilities, Communication, Basic Materials, Consumer Defensive, Real Estate, Energy, Derivatives. Its top holdings are Torrent Power Ltd, ICICI Bank Ltd, HDFC Bank Ltd, CG Power & Industrial Solutions Ltd, Infosys Ltd

Taxation

As it is a large & mid-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 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 Growth Opportunities Fund Direct Growth

To generate long term capital appreciation by investing in a diversified portfolio of Equity & Equity Related Instruments both in India as well as overseas. 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 Growth Opportunities Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised
▲
▼

zero opening, trading, fund transfer fee
13246 people have invested ₹ 7.4Cr in Axis Growth Opportunities Fund Direct Growth in the last three months

INDmoney Rank for Axis Growth Opportunities Fund Direct Growth

Powered by IND quant engine
15
/21
58% Performance
43% Risk Management
78% Cost
15 out of 21 among large & mid-cap
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Beats FD returns for both 3Y & 5Y
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Poor track record of protecting capital in bear phase
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3Y returns in the bottom 25% of the category

Axis Growth Opportunities Fund Direct Growth Overview

Expense ratio0.59%
Benchmark
S&P BSE 200 India TR INR
AUM₹13780 Cr
Inception Date22 October, 2018
Min Lumpsum/SIP₹100/₹100
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
57.95%
STCGSelling mutual fund 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 (19-Dec-24)

Period
Axis Growth Opportunities Fund Direct Growth
NIFTY 500
large & mid-cap
1M
4.5%
3.4%
4.9%
3M
-1.6%
-6%
-2.4%
6M
6.6%
2%
5.5%
1Y
30.1%
21.2%
27.4%
3Y
17%
16.7%
20.1%
5Y
24%
18.1%
21.9%

Fund Distribution

as on (30-Nov-24)

  • Equity 96.2%

  • Debt & Cash 3.8%

Large cap
41.3%
Mid cap
34.9%
Small cap
6.6%
Sector Allocation

Nov'24

Oct'24

Sep'24

Financial Services
20%
Industrial
16.2%
Tech
14.8%
Consumer Cyclical
14.2%
Health
9.6%
Utilities
5.8%
Communication
5.2%
Basic Materials
4.7%
Consumer Defensive
4.1%
Real Estate
3.2%
Energy
2.1%
All changes are between Sep'24 and Nov'24
Nov'24
Oct'24
Sep'24
Fund Returns
1.04%
-5.51%
2.63%
NIFTY 500
-0.60%
-6.52%
2.04%
  • This fund’s returns stands at 1.04% whereas the fund’s underlying benchmark NIFTY 500 returns stands at -0.60% as on Nov'24
  • This fund outperformed NIFTY 500 by 1.64% in Nov'24
Parameters
Nov'24
Oct'24
Sep'24
AUM
₹ 13.8K Cr
₹ 14.5K Cr
₹ 14.5K Cr
  • AUM of the fund stands at 13.8K Cr as of Nov'24
  • AUM decreased by 745.7 Cr between Nov'24 and Oct'24
Top Stocks bought last month
ICICI Bank Ltd's allocation increased from 2.89% to 3.75%
ICICI Bank Ltd's allocation increased from 2.89% to 3.75%
Multi Commodity Exchange of India Ltd's allocation increased from 0.49% to 1.05%
Multi Commodity Exchange of India Ltd's allocation increased from 0.49% to 1.05%
Fortis Healthcare Ltd's allocation increased from 0.6% to 1.08%
Fortis Healthcare Ltd's allocation increased from 0.6% to 1.08%
Top Stocks sold last month
CG Power & Industrial Solutions Ltd's allocation decreased from 2.57 % to 2.51 %
CG Power & Industrial Solutions Ltd's allocation decreased from 2.57 % to 2.51 %
Reliance Industries Ltd's allocation decreased from 2.05 % to 1.95 %
Reliance Industries Ltd's allocation decreased from 2.05 % to 1.95 %
Bharti Airtel Ltd's allocation decreased from 1.79 % to 1.78 %
Bharti Airtel Ltd's allocation decreased from 1.79 % to 1.78 %
Small Cap allocation has gone up from 5.4% to 6.6%
Small Cap allocation has gone up from 5.4% to 6.6%
Mid Cap allocation has gone down from 35.3% to 34.9%
Mid Cap allocation has gone down from 35.3% to 34.9%
Large Cap allocation has gone down from 44.6% to 41.3%
Large Cap allocation has gone down from 44.6% to 41.3%
Cash allocation has gone up from 1.2% to 3.8%
Cash allocation has gone up from 1.2% to 3.8%

Top 3 Sectors in November were Financial Services, Consumer Cyclical & Industrial

Nov'24
Financial Services
20%
Industrial
16%
Tech
15%
Oct'24
Financial Services
18%
Consumer Cyclical
16%
Industrial
15%

  • Equity

Holdings
Weight%
1M Change
Torrent Power Ltd
Torrent Power Ltd
4.68%
0%
ICICI Bank Ltd
ICICI Bank Ltd
3.75%
21.2%
HDFC Bank Ltd
HDFC Bank Ltd
2.93%
9.4%
CG Power & Industrial Solutions Ltd
CG Power & Industrial Solutions Ltd
2.51%
0%
Infosys Ltd
Infosys Ltd
2.04%
14.3%
See all

  • Returns %

  • Fund Ratios

  • Overview

Funds
1Y Returns
3Y Returns
5Y Returns
Since Inception
Axis Growth Opportunities Fund Direct Growth
Axis Growth Opportunities Fund Direct Growth
30.14%
16.98%
24%
22.9%
Motilal Oswal Large and Midcap Fund Direct Growth
Motilal Oswal Large and Midcap Fund Direct Growth
50.72%
30.78%
29.27%
29.55%
Canara Robeco Emerging Equities Direct Plan Growth Option
Canara Robeco Emerging Equities Direct Plan Growth Option
31.24%
18.66%
22.67%
21.6%
Kotak Equity Opportunities Direct Growth
Kotak Equity Opportunities Direct Growth
29.08%
22.7%
23.05%
18.49%
See all

  • Gainers

  • Losers

Top Growth Drivers
1M Return
Indian Hotels Co Ltd
Indian Hotels Co Ltd
16.9%
Persistent Systems Ltd
Persistent Systems Ltd
14.7%
Zomato Ltd
Zomato Ltd
7.6%
Fund
Nov'24
Oct'24
Sep'24
No of Holdings
130
139
139
Top 5 Company Concentration
15.9%
15.2%
15.2%
Company having highest exposure
Torrent Power Ltd (4.7%)
Torrent Power Ltd (4.6%)
Torrent Power Ltd (4.6%)
No of Sectors
12
12
11
Top 5 Sectors Concentration
74.8%
72.7%
71%
Sector having highest exposure
Financial Services (20%)
Financial Services (20.4%)
Financial Services (17.5%)
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Shreyash Devalkar
Shreyash Devalkar
Fund Manager of Axis Growth Opportunities Fund Direct Growth, since 4 August 2023
Top funds managed
Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Axis Midcap Fund Direct Plan Growth
19.64%
23.57%
Axis ELSS Tax Saver Fund Direct Plan Growth Option
10.17%
17.99%
Axis Bluechip Fund Direct Plan Growth
10.25%
15.01%
Fund House
Axis Asset Management Company Limited
Total Schemes
72
See all Axis 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

Insights icon
In the last 3 years, Motilal Oswal Large and Midcap Fund Direct Growth has given 30.78% return, outperforming this fund by 13.8% per annum.
Insights icon
Over the last 3 months, this fund has increased expense ratio by 5.4% moving from 0.56 to 0.59.
Insights icon
In the last 1 year, Motilal Oswal Large and Midcap Fund Direct Growth has given 50.72% return, outperforming this fund by 20.58%.
Insights icon
This fund has one of the lowest expense ratio in the category (large & mid-cap). Its expense ratio is 0.59% which is lower than the category average expense ratio of 1.2%.
Insights icon
In the last 5 years, Motilal Oswal Large and Midcap Fund Direct Growth has given 29.27% return, outperforming this fund by 5.27% per annum.
Insights icon
Over the last 3 months, this fund has experienced a 2.7% drop in AUM moving from 14.16K Cr to 13.77K Cr.

Axis Growth Opportunities Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 22.9% since inception which is more than its category average return of 16.95%
Fund Allocations

Fund Allocations

This fund has an allocation of 96.2% in Equity, 0% in Debt and 3.8% in Cash related instruments
AUM size ₹13780 Cr

AUM size ₹13780 Cr

This fund has AUM of ₹13780 Cr which is more than its category average of ₹ 7358 Cr
Expense Ratio 0.59%

Expense Ratio 0.59%

This fund has an expense ratio of 0.59% which is less than its category average expense ratio of 1.37%

Frequently Asked Questions for Axis Growth Opportunities Fund Direct Growth

The current NAV of Axis Growth Opportunities Fund Direct Growth is ₹35.62 as on 19-Dec-2024.
Existing (Absolute + CAGR) as on 19-Dec-2024.
Axis Growth Opportunities Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
4.46%
4.46%
6 Month Returns
6.55%
6.55%
1 Year Returns
30.14%
30.14%
3 Years Returns
60.09%
16.98%
5 Years Returns
193.17%
24%
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  • Select your bank account and proceed with Payment.
0.59% as on November 2024
₹13780 Cr as on November 2024
Torrent Power Ltd(4.68%), ICICI Bank Ltd(3.75%), HDFC Bank Ltd(2.93%), CG Power & Industrial Solutions Ltd(2.51%), Infosys Ltd(2.04%) as on November 2024
Financial Services(19.27%), Industrial(15.54%), Tech(14.2%) as on November 2024
The alpha ratio for the Axis Growth Opportunities Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Axis Growth Opportunities Fund Direct Growth
8.74
-1.24
3.2
As on November 2024
The alpha for Axis Growth Opportunities Fund Direct Growth is calculated against S&P BSE 200 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 Growth Opportunities Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Axis Growth Opportunities Fund Direct Growth
0.68
0.94
0.85
As on November 2024
The Beta for Axis Growth Opportunities Fund Direct Growth is calculated with S&P BSE 200 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 Growth Opportunities Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Axis Growth Opportunities Fund Direct Growth
2.15
0.73
0.99
As on November 2024
The sharpe ratio for Axis Growth Opportunities Fund Direct Growth is calculated with S&P BSE 200 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 Growth Opportunities Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Axis Growth Opportunities Fund Direct Growth
10.18
14.54
18.02
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 1.25 as on November 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Shreyash Devalkar is the fund manager of Axis Growth Opportunities Fund Direct Growth
The Exit load of Axis Growth Opportunities Fund Direct Growth is 1%