Axis Equity ETFs FoF Direct Growth

Axis Equity ETFs FoF Direct Growth

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Hybrid
Direct
Fund Of Funds
NAV: ₹ 14 as on 20-02-2024
Fund Performance
zero opening, trading, fund transfer fee
49 people have invested ₹ 1.1L in Axis Equity ETFs FoF Direct Growth in the last three months

About the Axis Equity ETFs FoF Direct Growth

Axis Equity ETFs FoF Direct Growth is a hybrid fund. This fund was started on 25 February, 2022. The fund is managed by Shreyash Devalkar. This fund gives you the benefit of diversification.

Key Parameters

  1. Axis Equity ETFs FoF Direct Growth has ₹17 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.1.

Axis Equity ETFs FoF Direct Growth Overview

Expense ratio
Expense ratio
0.11%
Benchmark
Benchmark
IISL Nifty 500 TR INR
AUM
AUM
₹17 Cr
Inception Date
Inception Date
25 February, 2022
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹1000
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
14.48%

Axis Equity ETFs FoF Direct Growth Distribution as on (31-Dec-69)

  • Equity 97.2%

  • Debt & Cash 2.8%

Size breakup

Large cap
76%
Mid cap
20.7%
Small cap
0.5%
Sector Allocation

Jan'24

Dec'23

Nov'23

Financial Services
32.2%
Tech
12.5%
Consumer Defensive
11.1%
Consumer Cyclical
10.6%
Health
7.9%
Industrial
7.3%
Basic Materials
7.3%
Utilities
3.7%
Communication
3.2%
Energy
2.7%
Real Estate
1.5%

Top Holdings of Axis Equity ETFs FoF Direct Growth as on (31-Jan-24)

  • Equity

Equity Holdings7

Axis Equity ETFs FoF Direct Growth: Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Jan'24
Dec'23
Nov'23
AUM
₹ 16.6 Cr
₹ 16.4 Cr
₹ 15.7 Cr
  • AUM of the fund stands at 16.6 Cr as of Jan'24
  • AUM increased by 0.2 Cr between Jan'24 and Dec'23
Fund Portfolio Changes

Axis Equity ETFs FoF Direct Growth Fund Manager

Shreyash Devalkar
Shreyash Devalkar
Fund Manager of Axis Equity ETFs FoF Direct Growth, since 25 February 2022

Axis Equity ETFs FoF Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 18.69% since inception which is more than its category average return of 11.61%
Fund Allocations

Fund Allocations

This fund has an allocation of 97.22% in Equity, 0% in Debt and 2.78% in Cash related instruments
AUM size ₹17 Cr

AUM size ₹17 Cr

This fund has AUM of ₹17 Cr which is less than its category average of ₹ 619 Cr
Expense Ratio 0.11%

Expense Ratio 0.11%

This fund has an expense ratio of 0.11% which is less than its category average expense ratio of 0.74%

Frequently Asked Questions

The current NAV of Axis Equity ETFs FoF Direct Growth is ₹13.99 as on 20-Feb-2024.
Existing (Absolute + CAGR) as on 20-Feb-2024.
Axis Equity ETFs FoF Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
3.93%
3.93%
6 Month Returns
20.76%
20.76%
1 Year Returns
34.68%
34.68%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
  • 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.
0.11% as on January 2024
₹17 Cr as on January 2024
SBI Nifty Next 50 ETF(21.44%), Axis NIFTY Bank ETF(19%), Axis NIFTY India Consumption ETF(15.63%), Nippon India ETF Nifty Midcap 150(13.89%), Axis NIFTY 50 ETF(13.84%) as on January 2024
Financial Services(31.13%), Tech(12.17%), Consumer Cyclical(10.4%) as on January 2024
AAA
100
Shreyash Devalkar is the fund manager of Axis Equity ETFs FoF Direct Growth
The Exit load of Axis Equity ETFs FoF Direct Growth is 1%