Axis ESG Integration Strategy Fund Direct Growth
About the Fund
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 ₹1391 Cr worth of assets under management (AUM) as on Jun 2024 and is more than category average.
- The fund has an expense ratio 1.3.
Returns
Axis ESG Integration Strategy Fund Direct Growth has given a CAGR return of 19.85% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 30.82% and 13.45% respectively.
Holdings
Axis ESG Integration Strategy Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Financial Services, Tech, Consumer Defensive, Industrial, Health, Utilities, Communication, Basic Materials. Its top holdings are ICICI Bank Ltd, Infosys Ltd, Trent Ltd, HDFC Bank Ltd, Bharti Airtel Ltd
Taxation
As it is a equity - esg mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of Axis ESG Integration Strategy Fund Direct Growth
To generate long-term capital appreciation by investing in a diversified portfolio of companies demonstrating sustainable practices across Environmental, Social, and Governance (ESG) parameters using an ESGIntegration approach. However, there can be 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 100.00. Axis ESG Integration Strategy Fund Direct Growth has no lock in period.
INDmoney Rank
Fund Overview
| Expense ratio | 1.27% |
Benchmark | Morningstar India Sustain NR INR |
| AUM | ₹1391 Cr |
| Inception Date | 12 February, 2020 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1% |
| Lock In | No Lock-in |
TurnOver | 13.69% |
| Risk |   Very High Risk |
Fund Distributionas on (30-Jun-24)
as on (30-Jun-24)
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 ICICI Bank Ltd | 5.18% | 0% | |
 Infosys Ltd | 4.62% | 3.8% | |
 Trent Ltd | 4.33% | 0% | |
 HDFC Bank Ltd | 4.21% | 0% | |
 Bharti Airtel Ltd | 3.66% | 3.5% |
Returns for the month of Dec
Top Growth Drivers | 1M Return |
|---|---|
 Infosys Ltd | 20.3% |
Axis ESG Integration Strategy Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹1391 Cr
Expense Ratio 1.27%
Frequently Asked Questions
Axis ESG Integration Strategy Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.85% | 2.85% |
6 Month Returns | 15.61% | 15.61% |
1 Year Returns | 30.82% | 30.82% |
3 Years Returns | 46.02% | 13.45% |
5 Years Returns | 0% | 0% |
- 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.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Axis ESG Integration Strategy Fund Direct Growth | 1.59 | -1.02 | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Axis ESG Integration Strategy Fund Direct Growth | 0.86 | 0.91 | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Axis ESG Integration Strategy Fund Direct Growth | 1.91 | 0.56 | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Axis ESG Integration Strategy Fund Direct Growth | 10.92 | 14.38 | - |