Axis Quant Fund Direct Reinvestment of Income Distribution cum capital withdrawal option
Equity
Direct
Equity - Other
NAV: ₹ 15.97 as on 12-04-2024
Fund Performance
4 people have invested ₹ 77.2K in Axis Quant Fund Direct Reinvestment of Income Distribution cum capital withdrawal option in the last three months
About the Axis Quant Fund Direct Reinvestment of Income Distribution cum capital withdrawal option
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
- Axis Quant Fund Direct Reinvestment of Income Distribution cum capital withdrawal option has ₹1044 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 0.8.
Axis Quant Fund Direct Reinvestment of Income Distribution cum capital withdrawal option Overview
 | 0.75% |
 Benchmark | S&P BSE 200 India TR INR |
 | ₹1044 Cr |
 | 1 July, 2021 |
 | ₹100/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 126.25% |
Axis Quant Fund Direct Reinvestment of Income Distribution cum capital withdrawal option Distribution as on (31-Mar-24)
Size breakup
Large cap
64.4%
Mid cap
18.7%
Small cap
14.5%
Sector Allocation
Financial Services
27.6%
Consumer Cyclical
15.6%
Health
10.8%
Consumer Defensive
10.3%
Utilities
8.4%
Industrial
8%
Energy
7.9%
Tech
5.5%
Basic Materials
4.5%
Communication
1.3%
Top Holdings of Axis Quant Fund Direct Reinvestment of Income Distribution cum capital withdrawal option as on (31-Mar-24)
Equity Holdings49
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 ICICI Bank Ltd | 9.03% | -1.5% | |
 Larsen & Toubro Ltd | 6.52% | 0% | |
 NTPC Ltd | 4.39% | 0% | |
 Bajaj Auto Ltd | 4.14% | -1.2% | |
 Power Grid Corp Of India Ltd | 3.8% | 0% |
See all
Axis Quant Fund Direct Reinvestment of Income Distribution cum capital withdrawal option: Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at 0.76% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.47% as on Mar'24
- This fund outperformed Nifty 500 by 1.22% in Mar'24
AUM Change
- AUM of the fund stands at 1K Cr as of Mar'24
- AUM increased by 5.6 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Gainers & Losers in Axis Quant Fund Direct Reinvestment of Income Distribution cum capital withdrawal option portfolio Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 Bajaj Auto Ltd | 8.1% |
 Pidilite Industries Ltd | 5.8% |
 Larsen & Toubro Ltd | 4% |
Peer Analysis
Axis Quant Fund Direct Reinvestment of Income Distribution cum capital withdrawal option Fund Manager
Ashish Naik
Fund Manager of Axis Quant Fund Direct Reinvestment of Income Distribution cum capital withdrawal option, since 4 May 2022
Top funds managed
Axis Quant Fund Direct Reinvestment of Income Distribution cum capital withdrawal option 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 18.94% since inception which is less than its category average return of 22.7%
Fund Allocations
This fund has an allocation of 97.6% in Equity, 0% in Debt and 2.4% in Cash related instruments
AUM size ₹1044 Cr
This fund has AUM of ₹1044 Cr which is less than its category average of ₹ 1773 Cr
Expense Ratio 0.75%
This fund has an expense ratio of 0.75% which is less than its category average expense ratio of 1.32%
Frequently Asked Questions
The current NAV of Axis Quant Fund Direct Reinvestment of Income Distribution cum capital withdrawal option is ₹15.97 as on 12-Apr-2024.
Existing (Absolute + CAGR) as on 12-Apr-2024.
Axis Quant Fund Direct Reinvestment of Income Distribution cum capital withdrawal option | Absolute Returns | CAGR Returns |
1 Month Returns | 1.76% | 1.76% |
6 Month Returns | 23.66% | 23.66% |
1 Year Returns | 45.03% | 45.03% |
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.
0.75% as on March 2024
₹1044 Cr as on March 2024
ICICI Bank Ltd(9.03%), Larsen & Toubro Ltd(6.52%), NTPC Ltd(4.39%), Bajaj Auto Ltd(4.14%), Power Grid Corp Of India Ltd(3.8%) as on March 2024
Financial Services(26.98%), Consumer Cyclical(15.25%), Health(10.57%) as on March 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 | 6.99 | - | - |
As on March 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 March 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 | 3.03 | - | - |
As on March 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 | 10.58 | - | - |
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.
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%