Axis Momentum Fund Direct Growth
Equity
Direct
Equity - Other
NAV as on 05-03-2025
₹ 7.98
1D
Inception Returns
/yr
About Axis Momentum Fund Direct Growth
Axis Momentum Fund Direct Growth is an equity fund. This fund was started on 12 December, 2024. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- Axis Momentum Fund Direct Growth has ₹1263 Cr worth of assets under management (AUM) as on Jan 2025 and is less than category average.
- The fund has an expense ratio 0.5.
Returns
Axis Momentum Fund Direct Growth has given a CAGR return of -21.60% since inception.
Holdings
Axis Momentum Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Tech, Industrial, Consumer Cyclical, Health, Communication, Basic Materials, Consumer Defensive, Energy, Real Estate, Utilities. Its top holdings are ICICI Bank Ltd, Bharti Airtel Ltd, Divi's Laboratories Ltd, Zomato Ltd, Persistent Systems Ltd
Taxation
As it is a equity - other mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of Axis Momentum Fund Direct Growth
The Scheme aims to provide long-term capital growth from an actively managed diversified portfolio of equity & equity-related securities of companies that exhibit strong momentum. The selection of securities will be based on a quantitative model that will aim to maximize momentum exposure based on various parameters. There is 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 500.00. Axis Momentum Fund Direct Growth has no lock in period.
Historical NAV & Returns
Axis Momentum Fund Direct Growth Overview
| Expense ratio | 0.5% |
Benchmark | IISL Nifty 500 TR INR |
| AUM | ₹1263 Cr |
| Inception Date | 12 December, 2024 |
| Min Lumpsum/SIP | ₹100/₹500 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 0% |
| 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 (05-Mar-25)
Fund Distribution
as on (31-Jan-25)
Top Growth Drivers | 1M Return |
|---|---|
 Shriram Finance Ltd | 7.7% |
 Firstsource Solutions Ltd | 5.5% |
 Suven Pharmaceuticals Ltd | 0.5% |
Axis Momentum Fund Direct Growth Highlights
Very High Risk
Fund Allocations
AUM size ₹1263 Cr
Expense Ratio 0.5%
Frequently Asked Questions for Axis Momentum Fund Direct Growth
Axis Momentum Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -10.4% | -10.4% |
6 Month Returns | 0% | 0% |
1 Year Returns | 0% | 0% |
3 Years Returns | 0% | 0% |
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 Momentum Fund Direct Growth | - | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
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Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Axis Momentum Fund Direct Growth | - | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Axis Momentum Fund Direct Growth | - | - | - |