Axis ESG Integration Strategy Fund Direct Growth

Axis ESG Integration Strategy Fund Direct Growth

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Equity
Direct
Equity - Esg
NAV: ₹ 20.72 as on 12-04-2024
Fund Performance
zero opening, trading, fund transfer fee
407 people have invested ₹ 42L 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

  1. 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.
  2. The fund has an expense ratio 1.4.

Axis ESG Integration Strategy Fund Direct Growth Overview

Expense ratio
Expense ratio
1.36%
Benchmark
Benchmark
Morningstar India Sustain NR INR
AUM
AUM
₹1372 Cr
Inception Date
Inception Date
12 February, 2020
Min Lumpsum/SIP
Min Lumpsum/SIP
₹100/₹100
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
13.69%

Axis ESG Integration Strategy Fund Direct Growth Distribution as on (31-Mar-24)

  • Equity 96.8%

  • Debt & Cash 3.2%

Size breakup

Large cap
76.7%
Mid cap
15.1%
Small cap
4.9%
Sector Allocation

Mar'24

Feb'24

Jan'24

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

Equity Holdings85

Axis ESG Integration Strategy Fund Direct Growth: Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Mar'24
Feb'24
Jan'24
AUM
₹ 1.4K Cr
₹ 1.4K Cr
₹ 1.4K Cr
  • 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

Axis ESG Integration Strategy Fund Direct Growth Fund Manager

Shreyash Devalkar
Shreyash Devalkar
Fund Manager of Axis ESG Integration Strategy Fund Direct Growth, since 4 August 2023

Axis ESG Integration Strategy Fund 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 19.12% since inception which is more than its category average return of 18.71%
Fund Allocations

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

AUM size ₹1372 Cr

This fund has AUM of ₹1372 Cr which is more than its category average of ₹ 1289 Cr
Expense Ratio 1.36%

Expense Ratio 1.36%

This fund has an expense ratio of 1.36% which is less than its category average expense ratio of 1.51%

Frequently Asked Questions

The current NAV of Axis ESG Integration Strategy Fund Direct Growth is ₹20.72 as on 12-Apr-2024.
Existing (Absolute + CAGR) as on 12-Apr-2024.
Axis ESG Integration Strategy Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
2.68%
2.68%
6 Month Returns
19.01%
19.01%
1 Year Returns
34.2%
34.2%
3 Years Returns
49.06%
14.23%
5 Years Returns
0%
0%
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1.36% 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 1.04 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%