Axis Flexi Cap Fund Direct Growth
Equity
Direct
Flexi Cap
NAV: ₹ 25.38 as on 03-05-2024
About the Fund
Axis Flexi Cap Fund Direct Growth is an equity fund. This fund was started on 17 November, 2017. The fund is managed by Shreyash Devalkar. The fund could potentially beat inflation in the long-run.
Key Parameters
- Axis Flexi Cap Fund Direct Growth has ₹5081 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 0.8.
Fund Performance
4418 people have invested ₹ 2.2Cr in Axis Flexi Cap Fund Direct Growth in the last three months
Overview
 | 0.75% |
 Benchmark | S&P BSE 500 India TR INR |
 | ₹5081 Cr |
 | 17 November, 2017 |
 | ₹100/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 30.48% |
Axis Flexi Cap Fund Direct Growth Distribution as on (31-Mar-24)
Size breakup
Large cap
69.9%
Mid cap
13.9%
Small cap
13.1%
Sector Allocation
Financial Services
28.8%
Consumer Cyclical
19.9%
Industrial
10.6%
Health
8.8%
Consumer Defensive
7.7%
Tech
7.3%
Basic Materials
5.7%
Real Estate
3.5%
Utilities
3.4%
Communication
3.4%
Energy
1%
Top Holdings of Axis Flexi Cap Fund Direct Growth as on (30-Apr-24)
Equity Holdings57
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 ICICI Bank Ltd | 8.58% | 0% | |
 Bajaj Finance Ltd | 6.24% | 0% | |
 HDFC Bank Ltd | 5.91% | -13.8% | |
 Tata Motors Ltd | 4.32% | 13.1% | |
 Infosys Ltd | 3.84% | 0% |
See all
Gainers & Losers Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 Trent Ltd | 13% |
 Mahindra & Mahindra Ltd | 9.5% |
 ICICI Bank Ltd | 5.9% |
Top Losers | 1M Return |
|---|---|
 Sona BLW Precision Forgings Ltd | -8% |
 Bajaj Finance Ltd | -4.8% |
 Infosys Ltd | -4.7% |
Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at 2.56% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.47% as on Mar'24
- This fund outperformed Nifty 500 by 3.03% in Mar'24
AUM Change
- AUM of the fund stands at 11.7K Cr as of Mar'24
- AUM increased by 179.4 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Mutual Fund Insights
In the last 1 year, JM Flexicap Fund (Direct) Growth Option has given 67.11% return, outperforming this fund by 32.32%.
Over the last 1 month, this fund has experienced a 55.8% drop in AUM moving from 11.49K Cr to 5.08K Cr.
This fund expense ratio is slightly on the lower side within the category (flexi cap). Its expense ratio is 0.75% which is lower than the category average expense ratio of 1.17%.
In the last 5 years, Quant Flexi Cap Fund Growth Option Direct Plan has given 32.09% return, outperforming this fund by 15.34% per annum.
In the last 3 years, Quant Flexi Cap Fund Growth Option Direct Plan has given 32.57% return, outperforming this fund by 16.92% per annum.
Over the last 15 months, this fund has increased expense ratio by 11.9% moving from 0.67 to 0.75.
INDmoney Rank
Powered by IND quant engine
12
/18
24% Performance
44% Risk Management
67% Cost
12 out of 18 among flexi cap
Pros
Recovers losses quickly
Beats FD returns for both 3Y & 5Y
Cons
3Y returns in the bottom 25% of the category
Peer Analysis
Fund Manager
Shreyash Devalkar
Fund Manager of Axis Flexi Cap Fund Direct Growth, since 17 November 2017
Top funds managed
Axis Flexi Cap 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 15.51% since inception which is less than its category average return of 18.65%
Fund Allocations
This fund has an allocation of 96.82% in Equity, 0% in Debt and 3.18% in Cash related instruments
AUM size ₹5081 Cr
This fund has AUM of ₹5081 Cr which is less than its category average of ₹ 7234 Cr
Expense Ratio 0.75%
This fund has an expense ratio of 0.75% which is less than its category average expense ratio of 1.33%
Frequently Asked Questions
The current NAV of Axis Flexi Cap Fund Direct Growth is ₹25.38 as on 03-May-2024.
Existing (Absolute + CAGR) as on 03-May-2024.
Axis Flexi Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.63% | 2.63% |
6 Month Returns | 22.25% | 22.25% |
1 Year Returns | 34.78% | 34.78% |
3 Years Returns | 54.66% | 15.65% |
5 Years Returns | 116.92% | 16.75% |
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0.75% as on April 2024
₹5081 Cr as on April 2024
ICICI Bank Ltd(8.58%), Bajaj Finance Ltd(6.24%), HDFC Bank Ltd(5.91%), Tata Motors Ltd(4.32%), Infosys Ltd(3.84%) as on April 2024
Financial Services(27.84%), Consumer Cyclical(19.29%), Industrial(10.24%) as on April 2024
The alpha ratio for the Axis Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Axis Flexi Cap Fund Direct Growth | 0.91 | -3.26 | 0.92 |
As on April 2024
The alpha for Axis Flexi Cap Fund Direct Growth is calculated against S&P BSE 500 India TR 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 Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Axis Flexi Cap Fund Direct Growth | 0.84 | 0.94 | 0.8 |
As on April 2024
The Beta for Axis Flexi Cap Fund Direct Growth is calculated with S&P BSE 500 India TR 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 Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Axis Flexi Cap Fund Direct Growth | 2.48 | 0.75 | 0.71 |
As on April 2024
The sharpe ratio for Axis Flexi Cap Fund Direct Growth is calculated with S&P BSE 500 India TR 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 Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Axis Flexi Cap Fund Direct Growth | 9.59 | 13.46 | 16.3 |
As on April 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 1.34 as on April 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Shreyash Devalkar is the fund manager of Axis Flexi Cap Fund Direct Growth
The Exit load of Axis Flexi Cap Fund Direct Growth is 1%