Axis Momentum Fund Direct Growth

Axis Momentum Fund Direct Growth

Equity

Axis Mutual Fund

Equity - Other

Get the latest NAV of Axis Momentum Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹8.91

▼-0.3%1D

NAV as on 31 Aug 2025

-10.9%/per year

Since Inception

Absolute Gain%

▲▼

1547 people have invested ₹ 29.8L in Axis Momentum Fund Direct Growth in the last three months

Axis Momentum Fund Performance vs. Nifty 500

Fund returns vs Benchmark returns vs Category Average returns as on (31-Aug-25)

The fund has outperformed the benchmark (Nifty 500) over 1Y, but underperformed over 3Y, 5Y.

Period
1M
3M
6M
1Y
3Y
5Y
This Fund
-4.5%
-1.76%
13.5%
--
--
--
Nifty 500
-1.97%
-1.49%
12.99%
-5.36%
13.59%
19.1%
Equity - Other Avg
--
--
--
--
--
--
Best in Equity - Other
5.08%
13.88%
42.26%
27.94%
30.24%
31.29%
Worst in Equity - Other
-6.39%
-15.63%
-0.25%
-22.45%
7.65%
12.27%

Peer comparison

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
3Y Alpha
3Y Beta
3Y Sharpe
3Y Sortino
3Y Info Ratio
Axis Momentum Fund
-
1,308Cr
0.54%
-
-
--
--
--
--
--
ICICI Prudential India Opportunities Fund Direct Growth
1/40
29,718Cr
0.63%
0.9%
23.91%
9.01
0.82
1.30
2.52
1.86
ICICI Prudential Business Cycle Fund Direct Growth
2/40
13,479Cr
0.72%
5.13%
23.35%
7.29
0.86
1.21
2.32
1.57
Nippon India Quant Fund Direct Growth
3/40
101Cr
0.47%
-3.36%
20.3%
6.44
0.99
0.90
1.58
2.20
See all

Axis Momentum Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

Total Investment

0

Profit

Total Corpus

0

Absolute Return
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Axis Momentum Fund Asset Allocation

See fund asset allocation details as on (14-Aug-25)

Fund Distribution

as on (14-Aug-25)

Large cap
52.5%
Mid cap
31.9%
Small cap
13%
Mid Cap allocation has gone up from 28.9% to 31.9%
Mid Cap allocation has gone up from 28.9% to 31.9%
Large Cap allocation has gone up from 49.2% to 52.5%
Large Cap allocation has gone up from 49.2% to 52.5%
Small Cap allocation has gone down from 17.5% to 13%
Small Cap allocation has gone down from 17.5% to 13%
Cash allocation has gone down from 4.5% to 2.6%
Cash allocation has gone down from 4.5% to 2.6%

Axis Momentum Fund Sector Allocation

See fund sector allocation details as on (14-Aug-25)

Sector Allocation

Financial Services
24.3%
Tech
16.6%
Industrial
13.5%
Consumer Cyclical
11.6%
Health
10.5%
Communication
7.3%
Basic Materials
5.7%
Consumer Defensive
4.4%
Energy
3.7%
Real Estate
1.5%
Utilities
0.9%

Top 3 Sectors in July were Financial Services, Tech & Basic Materials

Jul'25

Financial Services

32%

Basic Materials

13%

Industrial

12%

Jun'25

Financial Services

33%

Tech

14%

Basic Materials

12%

Axis Momentum Fund Holdings Details

as on (31-Jul-25)

Holdings
Weight%
1M Change
ICICI Bank Ltd
9.11%
0%
HDFC Bank Ltd
6.87%
0%
Bharti Airtel Ltd
6.54%
0%
Divi's Laboratories Ltd
4.15%
0%
Bajaj Finance Ltd
4.08%
0%
See all
Top Stocks bought last month
GE Vernova T&D India Ltd's allocation increased from 0.92% to 2.62%
GE Vernova T&D India Ltd's allocation increased from 0.92% to 2.62%
ICICI Bank Ltd's allocation increased from 8.4% to 9.11%
ICICI Bank Ltd's allocation increased from 8.4% to 9.11%
Coromandel International Ltd's allocation increased from 3.28% to 3.73%
Coromandel International Ltd's allocation increased from 3.28% to 3.73%
Top Stocks sold last month
Bajaj Finance Ltd's allocation decreased from 4.2 % to 4.08 %
Bajaj Finance Ltd's allocation decreased from 4.2 % to 4.08 %
Narayana Hrudayalaya Ltd's allocation decreased from 3.68 % to 3.44 %
Narayana Hrudayalaya Ltd's allocation decreased from 3.68 % to 3.44 %
Bajaj Finserv Ltd's allocation decreased from 3.42 % to 2.84 %
Bajaj Finserv Ltd's allocation decreased from 3.42 % to 2.84 %

Axis Momentum Fund Direct Growth Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.54%
Benchmark
Nifty 500 TR INR
AUM₹1308 Cr
Inception Date12 December, 2024
Min Lumpsum/SIP₹100/₹500
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
40.8%
Risk
Risk meter
pointer
Very High Risk

About Axis Momentum Fund

Axis Momentum Fund Direct Growth is an equity fund. This fund was started on 12 December, 2024. The fund is managed by Karthik Kumar, Mayank Hyanki. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Axis Momentum Fund Direct Growth has ₹1308 Cr worth of assets under management (AUM) as on Aug 2025 and is more than category average.
  2. The fund has an expense ratio 0.5.

Returns

Axis Momentum Fund Direct Growth has given a CAGR return of -10.90% since inception.

Holdings

Axis Momentum Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Basic Materials, Industrial, Tech, Health, Communication, Consumer Cyclical, Consumer Defensive, Energy, Utilities. Its top holdings are ICICI Bank Ltd, HDFC Bank Ltd, Bharti Airtel Ltd, Divi's Laboratories Ltd, Bajaj Finance 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 benefit
Dividends 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.

Fund Manager

Karthik Kumar

Fund Manager of Axis Momentum Fund Direct Growth, since 12 December 2024

Mayank Hyanki

Fund Manager of Axis Momentum Fund Direct Growth, since 12 December 2024

Learn more about Axis Mutual Fund
Parameters
Jul'25
Jun'25
May'25
AUM
₹ 1.3K Cr
₹ 1.4K Cr
₹ 1.3K Cr
  • AUM of the fund stands at 1.3K Cr as of Jul'25
  • AUM decreased by 77.3 Cr between Jul'25 and Jun'25

Frequently Asked Questions for Axis Momentum Fund Direct Growth

How do I invest in Axis Momentum Fund?

INDmoney makes it simple to invest in the Axis Momentum Fund. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘Axis Momentum Fund’.
  • Select whether you want to invest in SIP or lump sum.
  • Enter the amount you wish to invest.
  • Set up payments via bank mandate or UPI.

What is the current NAV of Axis Momentum Fund?

The NAV of the fund today is ₹8.91. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

Who is the fund manager of Axis Momentum Fund?

The fund managers are Karthik Kumar, Mayank Hyanki.

What is the exit load of the fund?

The exit load is 1% if redeemed in 0-12 Months. Exit load is a fee levied for ‘exiting’ the fund earlier than a stipulated period, usually 1 year.

What is the expense ratio of the fund?

The expense ratio is 0.54%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹1308 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of Axis Momentum Fund?

The top 3 holdings of the fund are ICICI Bank Ltd(9.11%), HDFC Bank Ltd(6.87%), Bharti Airtel Ltd(6.54%)