Axis Value Fund Direct Growth
Equity
Direct
Value
NAV as on 22-11-2024
₹ 18.91
▲0.2%
1D
Inception Returns
21.8%
/yr
About Axis Value Fund Direct Growth
Axis Value Fund Direct Growth is an equity fund. This fund was started on 22 September, 2021. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- Axis Value Fund Direct Growth has ₹749 Cr worth of assets under management (AUM) as on Oct 2024 and is less than category average.
- The fund has an expense ratio 1.
Returns
Axis Value Fund Direct Growth has given a CAGR return of 21.79% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 38.32% and 21.17% respectively.
Holdings
Axis Value Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Health, Consumer Cyclical, Tech, Real Estate, Energy, Utilities, Consumer Defensive, Basic Materials, Communication. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Infosys Ltd, Reliance Industries Ltd, Anant Raj Ltd
Taxation
As it is a value 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 Value Fund Direct Growth
To generate consistent long-term capital appreciation by investing predominantly in equity and equity related securities by following value investing strategy. 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 Value Fund Direct Growth has no lock in period.
Historical NAV & Returns
INDmoney Rank for Axis Value Fund Direct Growth
Axis Value Fund Direct Growth Overview
| Expense ratio | 0.95% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹749 Cr |
| Inception Date | 22 September, 2021 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 90.24% |
| 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 (22-Nov-24)
Fund Distribution
as on (31-Oct-24)
- This fund’s returns stands at -4.70% whereas the fund’s underlying benchmark Nifty 500 returns stands at -6.52% as on Oct'24
- This fund outperformed Nifty 500 by 1.82% in Oct'24
- AUM of the fund stands at 749.1 Cr as of Oct'24
- AUM has remained same between Oct'24 and Sep'24
Top 3 Sectors in October were Financial Services, Industrial & Consumer Cyclical
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 5.16% | 15.4% | |
 ICICI Bank Ltd | 5.1% | 4.3% | |
 Infosys Ltd | 3.31% | 2.8% | |
 Reliance Industries Ltd | 3.29% | 0% | |
 Anant Raj Ltd | 3.01% | 0% |
Top Growth Drivers | 1M Return |
|---|---|
 Firstsource Solutions Ltd | 3.7% |
 Indian Bank | 2.1% |
Axis Value Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹749 Cr
Expense Ratio 0.95%
Frequently Asked Questions for Axis Value Fund Direct Growth
Axis Value Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -3.86% | -3.86% |
6 Month Returns | 11.27% | 11.27% |
1 Year Returns | 38.32% | 38.32% |
3 Years Returns | 77.88% | 21.17% |
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 Value Fund Direct Growth | 12.02 | 6.02 | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Axis Value Fund Direct Growth | 0.94 | 1 | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Axis Value Fund Direct Growth | 2.76 | 1.1 | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Axis Value Fund Direct Growth | 12.97 | 14.35 | - |