Axis Focused Fund Direct Growth

Equity
Direct
Focused Fund
Axis Focused Fund Direct Growth

About the Fund

The Axis Focused 25 Fund is a direct equity mutual fund that invests in a carefully selected portfolio of 25 high-quality Indian companies which have a potential of providing strong returns. The fund has a higher exposure to sectors such as financial services and consumer goods which generally form the top 25% of the Nifty50 index. Some of the top holdings of the fund include companies like HDFC Bank, Reliance Industries, Infosys, and Bajaj Finance.

The fund is suitable for investors who are looking for a safe investment avenue which provides stable returns with minimal risk as the companies the fund invests in are fundamentally strong.

Key Parameters

  1. Axis Focused Fund Direct Growth has ₹13341 Cr worth of assets under management (AUM) as on May 2024 and is more than category average.
  2. The fund has an expense ratio 0.8.

Returns

Axis Focused Fund Direct Growth has given a CAGR return of 15.17% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 23.93%, 8.96% and 14.04% respectively.

Holdings

Axis Focused Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Basic Materials, Consumer Cyclical, Utilities, Consumer Defensive, Communication, Tech, Health, Energy, Industrial, Real Estate. Its top holdings are Torrent Power Ltd, Avenue Supermarts Ltd, Bajaj Finance Ltd, Tata Consultancy Services Ltd, ICICI Bank Ltd

Taxation

As it is a focused fund 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 Focused Fund Direct Growth

To generate long term capital appreciation by investing in a concentrated portfolio of equity & equity related instruments of up to 25 companies.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Axis Focused Fund Direct Growth has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
6016 people have invested ₹ 3.5Cr in Axis Focused Fund Direct Growth in the last three months

INDmoney Rank

Powered by IND quant engine
18
/18
21% Performance
14% Risk Management
72% Cost
18 out of 18 among focused fund
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Larger AUM within category
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3Y returns in the top 25% of the category
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Beats FD returns for both 3Y & 5Y
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Has not generated consistent returns
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Does not beat the benchmark consistently
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Highly volatile within category

Fund Overview

Expense ratio0.79%
Benchmark
S&P BSE 500 India TR INR
AUM₹13341 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹100/₹100
Exit Load
1%
Lock InNo Lock-in
TurnOver
179.81%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (31-May-24)

  • Equity 96.8%

  • Debt & Cash 3.2%

Large cap
79.2%

Mid cap
17.6%

Small cap
0.1%

Sector Allocation

May'24

Apr'24

Mar'24

Financial Services
28.8%
Basic Materials
11.8%
Consumer Cyclical
10.8%
Tech
8.2%
Consumer Defensive
8.2%
Communication
8.1%
Utilities
8%
Health
5.9%
Energy
5%
Real Estate
3.8%
Industrial
1.4%
All changes are between Mar'24 and May'24

Returns for the month of May

  • Gainers

  • Losers

Shreyash Devalkar
Shreyash Devalkar
Fund Manager of Axis Focused Fund Direct Growth, since 4 August 2023

Mutual Fund Insights

Insights icon
Over the last 1 month, this fund has experienced a 4.0% drop in AUM moving from 13.89K Cr to 13.34K Cr.
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In the last 1 year, Invesco India Focused Fund Direct Growth has given 66.99% return, outperforming this fund by 43.07%.
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This fund has one of the lowest expense ratio in the category (focused fund). Its expense ratio is 0.79% which is lower than the category average expense ratio of 1.27%.
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In the last 5 years, Quant Focused fund Growth Option Direct Plan has given 25.57% return, outperforming this fund by 11.53% per annum.
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Over the last 15 months, this fund has increased expense ratio by 14.5% moving from 0.69 to 0.79.
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In the last 3 years, HDFC Focused 30 Fund -Direct Plan - Growth Option has given 30.57% return, outperforming this fund by 21.61% per annum.

Axis Focused 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 15.17% since inception which is less than its category average return of 17.83%
Fund Allocations

Fund Allocations

This fund has an allocation of 96.83% in Equity, 0% in Debt and 3.17% in Cash related instruments
AUM size ₹13341 Cr

AUM size ₹13341 Cr

This fund has AUM of ₹13341 Cr which is more than its category average of ₹ 4314 Cr
Expense Ratio 0.79%

Expense Ratio 0.79%

This fund has an expense ratio of 0.79% which is less than its category average expense ratio of 1.47%

Frequently Asked Questions

The current NAV of Axis Focused Fund Direct Growth is ₹58.89 as on 21-Jun-2024.
Existing (Absolute + CAGR) as on 21-Jun-2024.
Axis Focused Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
4.12%
4.12%
6 Month Returns
14.97%
14.97%
1 Year Returns
23.93%
23.93%
3 Years Returns
29.37%
8.96%
5 Years Returns
92.89%
14.04%
With INDmoney, the process of investing is very simple and involves zero commission.
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  • 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.
0.79% as on May 2024
₹13341 Cr as on May 2024
Torrent Power Ltd(7.65%), Avenue Supermarts Ltd(7.39%), Bajaj Finance Ltd(7.23%), Tata Consultancy Services Ltd(7.18%), ICICI Bank Ltd(6.99%) as on May 2024
Financial Services(26.74%), Basic Materials(11.23%), Consumer Cyclical(10.76%) as on May 2024
The alpha ratio for the Axis Focused Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Axis Focused Fund Direct Growth
-5.6
-9.41
-4.03
As on May 2024
The alpha for Axis Focused 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 Focused Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Axis Focused Fund Direct Growth
0.82
1.06
0.96
As on May 2024
The Beta for Axis Focused 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 Focused Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Axis Focused Fund Direct Growth
1.24
0.22
0.45
As on May 2024
The sharpe ratio for Axis Focused 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 Focused Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Axis Focused Fund Direct Growth
11.37
15.43
19.55
As on May 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 0.35 as on May 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Shreyash Devalkar is the fund manager of Axis Focused Fund Direct Growth
The Exit load of Axis Focused Fund Direct Growth is 1%