Axis Quant Fund Direct Growth
Equity
Direct
Equity - Other
NAV: ₹ 13.9 as on 01-12-2023
Fund Performance
561 people have invested ₹ 53.4L in Axis Quant Fund Direct Growth in the last three months
About the Axis Quant Fund Direct Growth
Axis Quant Fund Direct Growth is an equity fund. This fund was started on 1 July, 2021. The fund is managed by Ashish Naik. The fund could potentially beat inflation in the long-run.
Key Parameters
- Axis Quant Fund Direct Growth has ₹925 Cr worth of assets under management (AUM) as on Oct 2023 and is less than category average.
- The fund has an expense ratio 0.6.
Axis Quant Fund Direct Growth Overview
 | 0.58% |
 Benchmark | S&P BSE 200 India TR INR |
 | ₹925 Cr |
 | 1 July, 2021 |
 | ₹100/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 126.25% |
Axis Quant Fund Direct Growth Distribution as on (31-Oct-23)
Size breakup
Large cap
60.7%
Mid cap
20%
Small cap
14.5%
Sector Allocation
Financial Services
29.1%
Consumer Defensive
15.6%
Consumer Cyclical
12%
Industrial
11%
Health
10.4%
Tech
8.8%
Energy
7.3%
Utilities
3.8%
Basic Materials
1.7%
Communication
0.3%
Top Holdings of Axis Quant Fund Direct Growth as on (30-Nov-23)
Equity Holdings47
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 ICICI Bank Ltd | 9.06% | -1.4% | |
 ITC Ltd | 6.56% | 0% | |
 HDFC Bank Ltd | 5.44% | 0% | |
 Tata Motors Ltd | 3.67% | 0% | |
 NTPC Ltd | 3.61% | 127.4% |
See all
Axis Quant Fund Direct Growth: Monthly Changes Updates
All changes are between Aug'23 and Oct'23
Fund Performance
- This fund’s returns stands at -1.38% whereas the fund’s underlying benchmark Nifty 500 returns stands at -2.63% as on Oct'23
- This fund outperformed Nifty 500 by 1.25% in Oct'23
AUM Change
- AUM of the fund stands at 925 Cr as of Oct'23
- AUM decreased by 30.1 Cr between Oct'23 and Sep'23
Fund Portfolio Changes
Gainers & Losers in Axis Quant Fund Direct Growth portfolio Returns for the month of Oct
Top Growth Drivers | 1M Return |
|---|---|
 BSE Ltd | 43.5% |
 CreditAccess Grameen Ltd | 19.9% |
 Nestle India Ltd | 8.6% |
Top Losers | 1M Return |
|---|---|
 Bank of Baroda | -9.9% |
 Union Bank of India | -9.4% |
 Polycab India Ltd | -8.4% |
Peer Analysis
Axis Quant Fund Direct Growth Fund Manager
Ashish Naik
Fund Manager of Axis Quant Fund Direct Growth, since 4 May 2022
Top funds managed
Axis Quant 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 14.17% since inception which is less than its category average return of 16.43%
Fund Allocations
This fund has an allocation of 95.25% in Equity, 0% in Debt and 4.75% in Cash related instruments
AUM size ₹925 Cr
This fund has AUM of ₹925 Cr which is less than its category average of ₹ 1361 Cr
Expense Ratio 0.58%
This fund has an expense ratio of 0.58% which is less than its category average expense ratio of 1.34%
Frequently Asked Questions
The current NAV of Axis Quant Fund Direct Growth is ₹13.87 as on 01-Dec-2023.
Existing (Absolute + CAGR) as on 01-Dec-2023.
Axis Quant Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 7.08% | 7.08% |
6 Month Returns | 14.46% | 14.46% |
1 Year Returns | 19.01% | 19.01% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
With INDmoney, the process of investing is very simple and involves zero commission.
- 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.
0.58% as on November 2023
₹925 Cr as on November 2023
ICICI Bank Ltd(9.06%), ITC Ltd(6.56%), HDFC Bank Ltd(5.44%), Tata Motors Ltd(3.67%), NTPC Ltd(3.61%) as on November 2023
Financial Services(27.7%), Consumer Defensive(14.89%), Consumer Cyclical(11.44%) as on November 2023
The alpha ratio for the Axis Quant Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Axis Quant Fund Direct Growth | 7.08 | - | - |
As on November 2023
The alpha for Axis Quant Fund Direct Growth 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 Quant Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Axis Quant Fund Direct Growth | 0.95 | - | - |
As on November 2023
The Beta for Axis Quant Fund Direct Growth 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 Quant Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Axis Quant Fund Direct Growth | 0.5 | - | - |
As on November 2023
The sharpe ratio for Axis Quant Fund Direct Growth 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 Quant Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Axis Quant Fund Direct Growth | 10.56 | - | - |
As on November 2023
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.
Ashish Naik is the fund manager of Axis Quant Fund Direct Growth
The Exit load of Axis Quant Fund Direct Growth is 1%