Axis ESG Integration Strategy Fund Direct Growth

Axis ESG Integration Strategy Fund Direct Growth

Equity

Direct

Equity - Esg

NAV as on 06-12-2024

₹ 23.54

-0.1%

1D

Inception Returns

19.5%

/yr

About 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 ₹1333 Cr worth of assets under management (AUM) as on Oct 2024 and is more than category average.
  2. The fund has an expense ratio 1.3.

Returns

Axis ESG Integration Strategy Fund Direct Growth has given a CAGR return of 19.45% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 26.22% and 11.77% respectively.

Holdings

Axis ESG Integration Strategy Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Tech, Consumer Cyclical, Utilities, Industrial, Consumer Defensive, Communication, Health, Basic Materials. Its top holdings are Infosys Ltd, ICICI Bank Ltd, Bharti Airtel Ltd, HDFC Bank Ltd, Torrent Power 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 benefit
Dividends 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.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
368 people have invested ₹ 48.8L in Axis ESG Integration Strategy Fund Direct Growth in the last three months

INDmoney Rank for Axis ESG Integration Strategy Fund Direct Growth

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IND ranking is not available for this fund.
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Among most bought funds within the category
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3Y returns in the bottom 25% of the category

Axis ESG Integration Strategy Fund Direct Growth Overview

Expense ratio1.27%
Benchmark
Morningstar India Sustain NR INR
AUM₹1333 Cr
Inception Date12 February, 2020
Min Lumpsum/SIP₹100/₹100
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
54.06%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

Trailing Returns

as on (06-Dec-24)

Period
Axis ESG Integration Strategy Fund Direct Growth
Equity ESG Index
1M
1.9%
1.6%
3M
0.2%
-0.9%
6M
11.8%
10.5%
1Y
26.2%
25.4%
3Y
11.8%
14.8%

Fund Distribution

as on (31-Oct-24)

  • Equity 92.9%

  • Debt & Cash 7.1%

Large cap
72.6%

Mid cap
9.6%

Small cap
4.6%

Sector Allocation

Oct'24

Sep'24

Aug'24

Consumer Cyclical
21.9%
Financial Services
20.9%
Tech
17.9%
Consumer Defensive
10.5%
Industrial
8.3%
Utilities
7.5%
Communication
6.1%
Health
5.8%
Basic Materials
1.2%
All changes are between Oct'69 and Dec'69
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 1.4K Cr
₹ 1.4K Cr
₹ 1.4K Cr
  • AUM of the fund stands at 1.4K Cr as of Oct'24
  • AUM has remained same between Oct'24 and Sep'24

Top 3 Sectors in October were Consumer Cyclical, Financial Services & Tech

Oct'24
Consumer Cyclical
22%
Financial Services
21%
Tech
18%
Sep'24
Consumer Cyclical
22%
Financial Services
21%
Tech
18%
Fund
Oct'24
Sep'24
Aug'24
No of Holdings
86
86
94
Top 5 Company Concentration
24.1%
24.1%
23.3%
Company having highest exposure
Infosys Ltd (5.5%)
Infosys Ltd (5.5%)
Infosys Ltd (5.7%)
No of Sectors
9
9
9
Top 5 Sectors Concentration
79.4%
79.4%
79.6%
Sector having highest exposure
Consumer Cyclical (21.9%)
Consumer Cyclical (21.9%)
Consumer Cyclical (21.4%)
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Shreyash Devalkar
Shreyash Devalkar
Fund Manager of Axis ESG Integration Strategy Fund Direct Growth, since 4 August 2023
Fund House
Axis Asset Management Company Limited
Total Schemes
Total AUM
₹3.35L Cr
as on 31-Oct-2024
Address
Axis Asset Management Company Ltd.,Axis House, 1st Floor, C-2, Wadia International Centre,,Pandurang Budhkar Marg, Worli,
Phone
+912243255161
Website
customerservice@axismf.com

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 19.45% since inception which is more than its category average return of 19.24%
Fund Allocations

Fund Allocations

This fund has an allocation of 92.89% in Equity, 0% in Debt and 7.11% in Cash related instruments
AUM size ₹1333 Cr

AUM size ₹1333 Cr

This fund has AUM of ₹1333 Cr which is more than its category average of ₹ 1275 Cr
Expense Ratio 1.27%

Expense Ratio 1.27%

This fund has an expense ratio of 1.27% which is less than its category average expense ratio of 1.49%

Frequently Asked Questions for Axis ESG Integration Strategy Fund Direct Growth

The current NAV of Axis ESG Integration Strategy Fund Direct Growth is ₹23.54 as on 06-Dec-2024.
Existing (Absolute + CAGR) as on 06-Dec-2024.
Axis ESG Integration Strategy Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
1.9%
1.9%
6 Month Returns
11.83%
11.83%
1 Year Returns
26.22%
26.22%
3 Years Returns
39.62%
11.77%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
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  • Select your bank account and proceed with Payment.
1.27% as on November 2024
₹1333 Cr as on November 2024
Infosys Ltd(6.13%), ICICI Bank Ltd(5.81%), Bharti Airtel Ltd(4.56%), HDFC Bank Ltd(4.53%), Torrent Power Ltd(4.09%) as on November 2024
Financial Services(19.84%), Tech(19.02%), Consumer Cyclical(18.63%) as on November 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
2.86
-1.06
-
As on November 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
0.85
0.91
-
As on November 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
1.34
0.35
-
As on November 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
12.31
14.49
-
As on November 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 0.53 as on November 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%