Axis Momentum Fund Direct Growth
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.
₹9.18
▲0.1%1D
NAV as on 15 Sep 2025
/per year
Since Inception
▲▼
1471 people have invested ₹ 29.3L 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 (15-Sep-25)
The fund has outperformed the benchmark (Nifty 500) over 1Y, but underperformed over 3Y, 5Y.
Peer comparison
Axis Momentum Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
Axis Momentum Fund Asset Allocation
See fund asset allocation details as on (14-Sep-25)
Fund Distribution
as on (14-Sep-25)
Axis Momentum Fund Sector Allocation
See fund sector allocation details as on (14-Sep-25)
Sector Allocation
Top 3 Sectors in August were Financial Services, Basic Materials & Industrial
Financial Services
32%
Basic Materials
13%
Industrial
12%
Financial Services
32%
Basic Materials
13%
Industrial
12%
Axis Momentum Fund Holdings Details
as on (31-Aug-25)
Axis Momentum Fund Direct Growth Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.56% |
Benchmark | Nifty 500 TR INR |
| AUM | ₹1239 Cr |
| Inception Date | 12 December, 2024 |
| Min Lumpsum/SIP | ₹100/₹500 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 40.8% |
| Risk |   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
- Axis Momentum Fund Direct Growth has ₹1239 Cr worth of assets under management (AUM) as on Sep 2025 and is more than category average.
- The fund has an expense ratio 0.6.
Returns
Axis Momentum Fund Direct Growth has given a CAGR return of -8.20% since inception.
Holdings
Axis Momentum Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Basic Materials, Industrial, Health, Consumer Cyclical, Communication, Tech, Consumer Defensive, Energy, Utilities. Its top holdings are ICICI Bank Ltd, HDFC Bank Ltd, Bharti Airtel Ltd, Bajaj Finance Ltd, Divi's Laboratories 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.
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
- AUM of the fund stands at 1.2K Cr as of Aug'25
- AUM decreased by 68.8 Cr between Aug'25 and Jul'25
Frequently Asked Questions for Axis Momentum Fund Direct Growth
How do I invest in Axis Momentum Fund?
- 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.