Axis Growth Opportunities Fund Direct Growth
Equity
Direct
Large & Mid-Cap
NAV: ₹ 31.08 as on 15-05-2024
About the Fund
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
- Axis Growth Opportunities Fund Direct Growth has ₹12097 Cr worth of assets under management (AUM) as on Apr 2024 and is more than category average.
- The fund has an expense ratio 0.6.
Fund Performance
11440 people have invested ₹ 7.1Cr in Axis Growth Opportunities Fund Direct Growth in the last three months
Overview
 | 0.6% |
 Benchmark | S&P BSE 200 India TR INR |
 | ₹12097 Cr |
 | 22 October, 2018 |
 | ₹100/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 23.24% |
Axis Growth Opportunities Fund Direct Growth Distribution as on (30-Apr-24)
Size breakup
Large cap
59.3%
Mid cap
34%
Small cap
5.7%
Sector Allocation
Financial Services
19.5%
Consumer Cyclical
15.2%
Industrial
13.5%
Tech
11.1%
Health
10.6%
Utilities
8.2%
Consumer Defensive
5.6%
Communication
5%
Basic Materials
4.7%
Energy
3.6%
Real Estate
3%
Top Holdings of Axis Growth Opportunities Fund Direct Growth as on (30-Apr-24)
Equity Holdings122
Gainers & Losers Returns for the month of Apr
Top Growth Drivers | 1M Return |
|---|---|
 Linde India Ltd | 21.8% |
 Sundaram Finance Ltd | 0.8% |
Monthly Changes Updates
All changes are between Feb'24 and Apr'24
Fund Performance
- This fund’s returns stands at 2.62% whereas the fund’s underlying benchmark NIFTY 500 returns stands at 2.46% as on Apr'24
- This fund outperformed NIFTY 500 by 0.16% in Apr'24
AUM Change
- AUM of the fund stands at 12.1K Cr as of Apr'24
- AUM increased by 357.8 Cr between Apr'24 and Mar'24
Fund Portfolio Changes
Mutual Fund Insights
This fund has one of the lowest expense ratio in the category (large & mid-cap). Its expense ratio is 0.6% which is lower than the category average expense ratio of 1.22%.
Over the last 6 months, this fund has experienced a 25.7% growth in AUM moving from 9.62K Cr to 12.09K Cr.
In the last 1 year, Quant Large and Mid Cap Fund Growth Option Direct Plan has given 65.62% return, outperforming this fund by 26.81%.
Over the last 3 months, this fund has increased expense ratio by 9.1% moving from 0.55 to 0.60.
In the last 3 years, Quant Large and Mid Cap Fund Growth Option Direct Plan has given 30.3% return, outperforming this fund by 8.96% per annum.
In the last 5 years, Quant Large and Mid Cap Fund Growth Option Direct Plan has given 29.46% return, outperforming this fund by 5.31% per annum.
INDmoney Rank
Powered by IND quant engine
9
/21
63% Performance
43% Risk Management
76% Cost
9 out of 21 among large & mid-cap
Pros
5Y returns in the top 25% of the category
Beats FD returns for both 3Y & 5Y
Cons
3Y returns in the bottom 25% of the category
Peer Analysis
Fund Manager
Shreyash Devalkar
Fund Manager of Axis Growth Opportunities Fund Direct Growth, since 4 August 2023
Top funds managed
Axis Growth Opportunities 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 22.39% since inception which is more than its category average return of 16.13%
Fund Allocations
This fund has an allocation of 99.01% in Equity, 0% in Debt and 0.98% in Cash related instruments
AUM size ₹12097 Cr
This fund has AUM of ₹12097 Cr which is more than its category average of ₹ 6434 Cr
Expense Ratio 0.6%
This fund has an expense ratio of 0.6% which is less than its category average expense ratio of 1.4%
Frequently Asked Questions
The current NAV of Axis Growth Opportunities Fund Direct Growth is ₹31.08 as on 15-May-2024.
Existing (Absolute + CAGR) as on 15-May-2024.
Axis Growth Opportunities Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.07% | 0.07% |
6 Month Returns | 20.25% | 20.25% |
1 Year Returns | 38.81% | 38.81% |
3 Years Returns | 78.63% | 21.33% |
5 Years Returns | 194.92% | 24.15% |
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.
0.6% as on April 2024
₹12097 Cr as on April 2024
Torrent Power Ltd(6.41%), Sundaram Finance Ltd(3.3%), ICICI Bank Ltd(3.14%), Cholamandalam Investment and Finance Co Ltd(2.67%), CG Power & Industrial Solutions Ltd(2.27%) as on April 2024
Financial Services(19.29%), Consumer Cyclical(15.06%), Industrial(13.39%) as on April 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 | 11.34 | -0.22 | 4.14 |
As on April 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 | 0.62 | 0.93 | 0.83 |
As on April 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 | 3.13 | 1.05 | 0.98 |
As on April 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 | 9.91 | 14.38 | 17.76 |
As on April 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 1.97 as on April 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%