Axis Growth Opportunities Fund Direct Pyt of Inc Dis cum Cap Wdrl
Equity
Direct
Large & Mid-Cap
NAV: ₹ 23.56 as on 15-04-2024
Fund Performance
42 people have invested ₹ 3.6L in Axis Growth Opportunities Fund Direct Pyt of Inc Dis cum Cap Wdrl in the last three months
About the Axis Growth Opportunities Fund Direct Pyt of Inc Dis cum Cap Wdrl
Axis Growth Opportunities Fund Direct Pyt of Inc Dis cum Cap Wdrl is an equity fund. This fund was started on 22 October, 2018. The fund is managed by Shreyash Devalkar. The fund could potentially beat inflation in the long-run.
Key Parameters
- Axis Growth Opportunities Fund Direct Pyt of Inc Dis cum Cap Wdrl has ₹11739 Cr worth of assets under management (AUM) as on Mar 2024 and is more than category average.
- The fund has an expense ratio 0.6.
Axis Growth Opportunities Fund Direct Pyt of Inc Dis cum Cap Wdrl Overview
 | 0.64% |
 Benchmark | S&P BSE 200 India TR INR |
 | ₹11739 Cr |
 | 22 October, 2018 |
 | ₹100/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 23.24% |
Axis Growth Opportunities Fund Direct Pyt of Inc Dis cum Cap Wdrl Distribution as on (31-Mar-24)
Size breakup
Large cap
58.8%
Mid cap
34.6%
Small cap
4.9%
Sector Allocation
Financial Services
18.8%
Consumer Cyclical
15.6%
Tech
13%
Industrial
12.2%
Health
10.5%
Utilities
7.3%
Consumer Defensive
5.9%
Communication
4.8%
Basic Materials
4.5%
Energy
4.3%
Real Estate
3.1%
Top Holdings of Axis Growth Opportunities Fund Direct Pyt of Inc Dis cum Cap Wdrl as on (31-Mar-24)
Equity Holdings116
Axis Growth Opportunities Fund Direct Pyt of Inc Dis cum Cap Wdrl: Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at -4.86% whereas the fund’s underlying benchmark NIFTY 500 returns stands at -0.47% as on Mar'24
- This fund underperformed NIFTY 500 by 4.40% in Mar'24
AUM Change
- AUM of the fund stands at 11.7K Cr as of Mar'24
- AUM increased by 427.9 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Gainers & Losers in Axis Growth Opportunities Fund Direct Pyt of Inc Dis cum Cap Wdrl portfolio Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 Torrent Power Ltd | 39.2% |
 Bajaj Finance Ltd | 12% |
 CG Power & Industrial Solutions Ltd | 7.1% |
Top Losers | 1M Return |
|---|---|
 Coforge Ltd | -9% |
 Tata Consultancy Services Ltd | -3.6% |
 Persistent Systems Ltd | -2.1% |
Peer Analysis
Axis Growth Opportunities Fund Direct Pyt of Inc Dis cum Cap Wdrl Fund Manager
Shreyash Devalkar
Fund Manager of Axis Growth Opportunities Fund Direct Pyt of Inc Dis cum Cap Wdrl, since 4 August 2023
Top funds managed
Axis Growth Opportunities Fund Direct Pyt of Inc Dis cum Cap Wdrl 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 19.64% since inception which is more than its category average return of 15.88%
Fund Allocations
This fund has an allocation of 98.33% in Equity, 0% in Debt and 1.67% in Cash related instruments
AUM size ₹11739 Cr
This fund has AUM of ₹11739 Cr which is more than its category average of ₹ 6079 Cr
Expense Ratio 0.64%
This fund has an expense ratio of 0.64% which is less than its category average expense ratio of 1.36%
Frequently Asked Questions
The current NAV of Axis Growth Opportunities Fund Direct Pyt of Inc Dis cum Cap Wdrl is ₹23.56 as on 15-Apr-2024.
Existing (Absolute + CAGR) as on 15-Apr-2024.
Axis Growth Opportunities Fund Direct Pyt of Inc Dis cum Cap Wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | -3.56% | -3.56% |
6 Month Returns | 9.07% | 9.07% |
1 Year Returns | 33.86% | 33.86% |
3 Years Returns | 58.62% | 16.62% |
5 Years Returns | 143.75% | 19.51% |
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0.64% as on March 2024
₹11739 Cr as on March 2024
Torrent Power Ltd(6.07%), Sundaram Finance Ltd(2.96%), Cholamandalam Investment and Finance Co Ltd(2.67%), Sona BLW Precision Forgings Ltd(2.62%), ICICI Bank Ltd(2.61%) as on March 2024
Financial Services(18.45%), Consumer Cyclical(15.38%), Tech(12.75%) as on March 2024
The alpha ratio for the Axis Growth Opportunities Fund Direct Pyt of Inc Dis cum Cap Wdrl for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Axis Growth Opportunities Fund Direct Pyt of Inc Dis cum Cap Wdrl | -1.15 | -3.12 | 2.48 |
As on March 2024
The alpha for Axis Growth Opportunities Fund Direct Pyt of Inc Dis cum Cap Wdrl is calculated against S&P BSE 200 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 Growth Opportunities Fund Direct Pyt of Inc Dis cum Cap Wdrl for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Axis Growth Opportunities Fund Direct Pyt of Inc Dis cum Cap Wdrl | 0.86 | 0.96 | 0.84 |
As on March 2024
The Beta for Axis Growth Opportunities Fund Direct Pyt of Inc Dis cum Cap Wdrl is calculated with S&P BSE 200 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 Growth Opportunities Fund Direct Pyt of Inc Dis cum Cap Wdrl for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Axis Growth Opportunities Fund Direct Pyt of Inc Dis cum Cap Wdrl | 1.98 | 0.77 | 0.82 |
As on March 2024
The sharpe ratio for Axis Growth Opportunities Fund Direct Pyt of Inc Dis cum Cap Wdrl is calculated with S&P BSE 200 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 Growth Opportunities Fund Direct Pyt of Inc Dis cum Cap Wdrl for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Axis Growth Opportunities Fund Direct Pyt of Inc Dis cum Cap Wdrl | 13.27 | 15.25 | 18.19 |
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 1.33 as on March 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Shreyash Devalkar is the fund manager of Axis Growth Opportunities Fund Direct Pyt of Inc Dis cum Cap Wdrl
The Exit load of Axis Growth Opportunities Fund Direct Pyt of Inc Dis cum Cap Wdrl is 1%