Axis ESG Integration Strategy Fund Direct Growth
Equity
Direct
Equity - Esg
NAV: ₹ 20.43 as on 23-04-2024
Fund Performance
392 people have invested ₹ 40.8L in Axis ESG Integration Strategy Fund Direct Growth in the last three months
INDmoney Rank of Axis ESG Integration Strategy Fund Direct Growth
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IND ranking is not available for this fund.
Pros
Among most bought funds within the category
Cons
3Y returns in the bottom 25% of the category
About the Axis ESG Integration Strategy Fund Direct Growth
Axis ESG Integration Strategy Fund Direct Growth is an equity fund. This fund was started on 12 February, 2020. The fund is managed by Shreyash Devalkar. The fund could potentially beat inflation in the long-run.
Key Parameters
- Axis ESG Integration Strategy Fund Direct Growth has ₹1372 Cr worth of assets under management (AUM) as on Mar 2024 and is more than category average.
- The fund has an expense ratio 1.4.
Axis ESG Integration Strategy Fund Direct Growth Overview
 | 1.35% |
 Benchmark | Morningstar India Sustain NR INR |
 | ₹1372 Cr |
 | 12 February, 2020 |
 | ₹100/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 13.69% |
Axis ESG Integration Strategy Fund Direct Growth Distribution as on (31-Mar-24)
Size breakup
Large cap
76.7%
Mid cap
15.1%
Small cap
4.9%
Sector Allocation
Tech
21.8%
Consumer Cyclical
21.5%
Financial Services
19.9%
Consumer Defensive
10.4%
Utilities
8.6%
Health
6.3%
Industrial
6.1%
Communication
4.5%
Basic Materials
1%
Top Holdings of Axis ESG Integration Strategy Fund Direct Growth as on (31-Mar-24)
Equity Holdings85
Axis ESG Integration Strategy Fund Direct Growth: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 1.4K Cr as of Mar'24
- AUM increased by 2 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Gainers & Losers in Axis ESG Integration Strategy Fund Direct Growth portfolio Returns for the month of Dec
Top Growth Drivers | 1M Return |
|---|---|
 Torrent Power Ltd | 39.2% |
 ABB India Ltd | 20.7% |
 Bharti Airtel Ltd | 4.9% |
Top Losers | 1M Return |
|---|---|
 Coforge Ltd | -9% |
 Infosys Ltd | -7.9% |
 Tata Consultancy Services Ltd | -3.6% |
Peer Analysis
Axis ESG Integration Strategy Fund Direct Growth Fund Manager
Shreyash Devalkar
Fund Manager of Axis ESG Integration Strategy Fund Direct Growth, since 4 August 2023
Top funds managed
Axis ESG Integration Strategy Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 18.57% since inception which is more than its category average return of 18.45%
Fund Allocations
This fund has an allocation of 96.8% in Equity, 0% in Debt and 3.2% in Cash related instruments
AUM size ₹1372 Cr
This fund has AUM of ₹1372 Cr which is more than its category average of ₹ 1289 Cr
Expense Ratio 1.35%
This fund has an expense ratio of 1.35% which is less than its category average expense ratio of 1.52%
Frequently Asked Questions
The current NAV of Axis ESG Integration Strategy Fund Direct Growth is ₹20.43 as on 23-Apr-2024.
Existing (Absolute + CAGR) as on 23-Apr-2024.
Axis ESG Integration Strategy Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.44% | 1.44% |
6 Month Returns | 20.18% | 20.18% |
1 Year Returns | 32.58% | 32.58% |
3 Years Returns | 46.45% | 13.56% |
5 Years Returns | 0% | 0% |
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1.35% as on March 2024
₹1372 Cr as on March 2024
Torrent Power Ltd(7.29%), ICICI Bank Ltd(4.58%), Infosys Ltd(4.37%), Tata Consultancy Services Ltd(3.41%), Trent Ltd(3.16%) as on March 2024
Tech(21.06%), Consumer Cyclical(20.79%), Financial Services(19.3%) as on March 2024
The alpha ratio for the Axis ESG Integration Strategy Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Axis ESG Integration Strategy Fund Direct Growth | 2.3 | -0.44 | - |
As on March 2024
The alpha for Axis ESG Integration Strategy Fund Direct Growth is calculated against Morningstar India Sustain NR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Axis ESG Integration Strategy Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Axis ESG Integration Strategy Fund Direct Growth | 0.83 | 0.87 | - |
As on March 2024
The Beta for Axis ESG Integration Strategy Fund Direct Growth is calculated with Morningstar India Sustain NR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Axis ESG Integration Strategy Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Axis ESG Integration Strategy Fund Direct Growth | 2.42 | 0.61 | - |
As on March 2024
The sharpe ratio for Axis ESG Integration Strategy Fund Direct Growth is calculated with Morningstar India Sustain NR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Axis ESG Integration Strategy Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Axis ESG Integration Strategy Fund Direct Growth | 9.86 | 14.12 | - |
As on March 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 1.03 as on March 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Shreyash Devalkar is the fund manager of Axis ESG Integration Strategy Fund Direct Growth
The Exit load of Axis ESG Integration Strategy Fund Direct Growth is 1%