Axis Equity Advantage Series 1 1590 Days Direct Growth
Axis Equity Advantage Series 1 1590 Days Direct Growth

Axis Equity Advantage Series 1 1590 Days Direct Growth

Debt
Direct
Very High Risk
Fixed Maturity Intermediate-Term Bond

NAV: ₹ 18.1 as on 30-09-2021

About the Fund

Axis Equity Advantage Series 1 1590 Days Direct Growth is a debt fund. This fund was started on  25 May, 2017. The fund is managed by Shreyash Devalkar, Aditya Pagaria. This fund is suitable to keep your money safe.

Key parameters

1) Axis Equity Advantage Series 1 1590 Days Direct Growth has a NAV of 18.067 as on 21-Jan-2022.

2) Axis Equity Advantage Series 1 1590 Days Direct Growth has 1444 Cr worth of assets under management (AUM) as on 21-Jan-2022 and is more than category average.

3) The fund has an expense ratio 0.4 %.

Fund Overview

Expense ratio
Expense ratio
0.4%
Benchmark
Benchmark
IISL Nifty 50 PR INR
AUM
AUM
₹1444 Cr
Inception Date
Inception Date
25 May, 2017
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹0
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
10%

Fund Distribution

  • Equity 73.3%
  • Debt & Cash 26.7%
Size breakup
Large cap
91.1%
Mid cap
8.9%
Sector Allocation
Financial Services41.8%
Tech16.9%
Cyclical10.5%
Defensive8.5%
Basic Materials7.7%
Health5.7%
Energy4.8%
Communication2.9%
Industrial1.2%

Top Holdings

  • All
  • Equity
  • Debt & Cash
Total Holdings20
Equity Holdings20
Debt Holdings3
Clearing Corporation Of India Ltd
Clearing Corporation Of India Ltd
25.3%
HDFC Bank Ltd
HDFC Bank Ltd
6.3%
Tata Consultancy Services Ltd
Tata Consultancy Services Ltd
5.3%
ICICI Bank Ltd
ICICI Bank Ltd
5.1%
Infosys Ltd
Infosys Ltd
5%
Bajaj Finance Ltd
Bajaj Finance Ltd
4.7%
Kotak Mahindra Bank Ltd
Kotak Mahindra Bank Ltd
4%
Reliance Industries Ltd
Reliance Industries Ltd
3.5%

Fund Highlights

About the fund

About the fund

This fund has delivered an average annual returns of 14.56% since inception which is more than its category average return of 3.83%
Fund Allocations

Fund Allocations

This fund has an allocation of 73.2794% in Equity, 0% in Debt and 26.7206% in Cash related instruments
AUM size ₹1444 Cr

AUM size ₹1444 Cr

This fund has AUM of ₹1444 Cr which is more than its category average of ₹ 161 Cr
Expense Ratio 0.4%

Expense Ratio 0.4%

This fund has an expense ratio of 0.4% which is more than its category average expense ratio of 0.25%

AMC details

Fund House
Axis Asset Management Company Limited
Email
customerservice@axismf.com
Phone
+912243255161
Address
Axis Asset Management Company Ltd.,Axis House, 1st Floor, C-2, Wadia International Centre,,Pandurang Budhkar Marg, Worli,

Frequently Asked Questions

What are the average returns of Axis Equity Advantage Series 1 1590 Days Direct Growth Fund ?

What is the current NAV of Axis Equity Advantage Series 1 1590 Days Direct Growth Fund?

How do I invest in Axis Equity Advantage Series 1 1590 Days Direct Growth Fund?

What is the expense ratio of Axis Equity Advantage Series 1 1590 Days Direct Growth fund?

What is the worth of total assets under management (AUM) of Axis Equity Advantage Series 1 1590 Days Direct Growth fund ?

What are the top holdings of Axis Equity Advantage Series 1 1590 Days Direct Growth Fund?

What are the top sectors Axis Equity Advantage Series 1 1590 Days Direct Growth Fund has invested in?

What is the credit quality of the Axis Equity Advantage Series 1 1590 Days Direct Growth holdings?