Axis Growth Opportunities Fund Direct Growth
About the Fund
Axis Growth Opportunities Fund is a mutual fund designed to provide investors with long-term capital appreciation by investing primarily in equity and equity-related instruments of growth-oriented companies. Growth oriented companies are firms whose revenues or business generally grows faster than the industry average.The investment strategy of the fund focuses on identifying high-quality businesses with strong growth potential across various sectors and market capitalizations. The fund invests in companies like HDFC, HUL and Infosys.
Key Parameters
- Axis Growth Opportunities Fund Direct Growth has ₹13275 Cr worth of assets under management (AUM) as on Jun 2024 and is more than category average.
- The fund has an expense ratio 0.6.
Returns
Axis Growth Opportunities Fund Direct Growth has given a CAGR return of 23.64% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 39.72%, 19.24% and 25.30% respectively.
Holdings
Axis Growth Opportunities Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Tech, Health, Utilities, Consumer Defensive, Communication, Basic Materials, Energy, Real Estate. Its top holdings are Torrent Power Ltd, ICICI Bank Ltd, HDFC Bank Ltd, Cholamandalam Investment and Finance Co Ltd, CG Power & Industrial Solutions Ltd
Taxation
As it is a large & mid-cap 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 Growth Opportunities Fund Direct Growth
To generate long term capital appreciation by investing in a diversified portfolio of Equity & Equity Related Instruments both in India as well as overseas. 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 Growth Opportunities Fund Direct Growth has no lock in period.
INDmoney Rank
Fund Overview
| Expense ratio | 0.57% |
Benchmark | S&P BSE 200 India TR INR |
| AUM | ₹13275 Cr |
| Inception Date | 22 October, 2018 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1% |
| Lock In | No Lock-in |
TurnOver | 23.24% |
| Risk |   Very High Risk |
Fund Distributionas on (30-Jun-24)
as on (30-Jun-24)
Returns for the month of Jun
Top Growth Drivers | 1M Return |
|---|---|
 Persistent Systems Ltd | 21.2% |
Mutual Fund Insights
Axis Growth Opportunities Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹13275 Cr
Expense Ratio 0.57%
Frequently Asked Questions
Axis Growth Opportunities Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.22% | 1.22% |
6 Month Returns | 22.11% | 22.11% |
1 Year Returns | 39.72% | 39.72% |
3 Years Returns | 69.55% | 19.24% |
5 Years Returns | 208.83% | 25.3% |
- 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 Growth Opportunities Fund Direct Growth | 8.57 | -1.1 | 4.08 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Axis Growth Opportunities Fund Direct Growth | 0.6 | 0.93 | 0.84 |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Axis Growth Opportunities Fund Direct Growth | 3 | 0.98 | 1.05 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Axis Growth Opportunities Fund Direct Growth | 8.99 | 14.11 | 17.86 |