Axis Quant Fund Direct Reinvestment of Income Distribution cum capital withdrawal option

Axis Quant Fund Direct Reinvestment of Income Distribution cum capital withdrawal option

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Equity
Direct
Equity - Other
NAV: ₹ 16.21 as on 29-05-2024

About the Fund

Axis Quant Fund Direct Reinvestment of Income Distribution cum capital withdrawal option 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

  1. Axis Quant Fund Direct Reinvestment of Income Distribution cum capital withdrawal option has ₹1063 Cr worth of assets under management (AUM) as on Apr 2024 and is less than category average.
  2. The fund has an expense ratio 0.7.
Fund Performance
zero opening, trading, fund transfer fee
1 people have invested ₹ 10K in Axis Quant Fund Direct Reinvestment of Income Distribution cum capital withdrawal option in the last three months

Overview

Expense ratio
Expense ratio
0.7%
Benchmark
Benchmark
S&P BSE 200 India TR INR
AUM
AUM
₹1063 Cr
Inception Date
Inception Date
1 July, 2021
Min Lumpsum/SIP
Min Lumpsum/SIP
₹100/₹100
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
126.25%

Axis Quant Fund Direct Reinvestment of Income Distribution cum capital withdrawal option Distribution as on (30-Apr-24)

  • Equity 97.7%

  • Debt & Cash 2.3%

Size breakup

Large cap
66.3%
Mid cap
20.7%
Small cap
10.7%
Sector Allocation

Apr'24

Mar'24

Feb'24

Financial Services
27.5%
Consumer Cyclical
14.8%
Industrial
11.4%
Health
10.6%
Energy
8%
Tech
7.9%
Utilities
7.9%
Consumer Defensive
7%
Basic Materials
3.5%
Communication
1.4%

Top Holdings of Axis Quant Fund Direct Reinvestment of Income Distribution cum capital withdrawal option as on (30-Apr-24)

  • Equity

Equity Holdings44

Gainers & Losers Returns for the month of Apr

Monthly Changes Updates

All changes are between Feb'24 and Apr'24
Fund Performance
Apr'24
Mar'24
Feb'24
Fund Returns
2.50%
0.76%
3.73%
Nifty 500
2.46%
-0.47%
1.58%
  • This fund’s returns stands at 2.50% whereas the fund’s underlying benchmark Nifty 500 returns stands at 2.46% as on Apr'24
  • This fund outperformed Nifty 500 by 0.04% in Apr'24
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 1.1K Cr
₹ 1K Cr
₹ 1K Cr
  • AUM of the fund stands at 1.1K Cr as of Apr'24
  • AUM increased by 19.2 Cr between Apr'24 and Mar'24
Fund Portfolio Changes

Fund Manager

Ashish Naik
Ashish Naik
Fund Manager of Axis Quant Fund Direct Reinvestment of Income Distribution cum capital withdrawal option, since 4 May 2022

Axis Quant Fund Direct Reinvestment of Income Distribution cum capital withdrawal option 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 18.58% since inception which is less than its category average return of 24.13%
Fund Allocations

Fund Allocations

This fund has an allocation of 97.68% in Equity, 0% in Debt and 2.32% in Cash related instruments
AUM size ₹1063 Cr

AUM size ₹1063 Cr

This fund has AUM of ₹1063 Cr which is less than its category average of ₹ 1839 Cr
Expense Ratio 0.7%

Expense Ratio 0.7%

This fund has an expense ratio of 0.7% which is less than its category average expense ratio of 1.28%

Frequently Asked Questions

The current NAV of Axis Quant Fund Direct Reinvestment of Income Distribution cum capital withdrawal option is ₹16.21 as on 29-May-2024.
Existing (Absolute + CAGR) as on 29-May-2024.
Axis Quant Fund Direct Reinvestment of Income Distribution cum capital withdrawal option
Absolute Returns
CAGR Returns
1 Month Returns
0.24%
0.24%
6 Month Returns
19.68%
19.68%
1 Year Returns
37.18%
37.18%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
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.
0.7% as on April 2024
₹1063 Cr as on April 2024
ICICI Bank Ltd(9.33%), Larsen & Toubro Ltd(6.11%), Power Grid Corp Of India Ltd(4.06%), Bajaj Auto Ltd(3.95%), Coal India Ltd(3.68%) as on April 2024
Financial Services(26.85%), Consumer Cyclical(14.48%), Industrial(11.12%) as on April 2024
The alpha ratio for the Axis Quant Fund Direct Reinvestment of Income Distribution cum capital withdrawal option for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Axis Quant Fund Direct Reinvestment of Income Distribution cum capital withdrawal option
6.1
-
-
As on April 2024
The alpha for Axis Quant Fund Direct Reinvestment of Income Distribution cum capital withdrawal option 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 Reinvestment of Income Distribution cum capital withdrawal option for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Axis Quant Fund Direct Reinvestment of Income Distribution cum capital withdrawal option
0.93
-
-
As on April 2024
The Beta for Axis Quant Fund Direct Reinvestment of Income Distribution cum capital withdrawal option 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 Reinvestment of Income Distribution cum capital withdrawal option for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Axis Quant Fund Direct Reinvestment of Income Distribution cum capital withdrawal option
2.82
-
-
As on April 2024
The sharpe ratio for Axis Quant Fund Direct Reinvestment of Income Distribution cum capital withdrawal option 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 Reinvestment of Income Distribution cum capital withdrawal option for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Axis Quant Fund Direct Reinvestment of Income Distribution cum capital withdrawal option
10.37
-
-
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.
Ashish Naik is the fund manager of Axis Quant Fund Direct Reinvestment of Income Distribution cum capital withdrawal option
The Exit load of Axis Quant Fund Direct Reinvestment of Income Distribution cum capital withdrawal option is 1%