Axis Special Situations Fund Direct Growth
Equity
Direct
Equity - Other
NAV: ₹ 16.58 as on 09-05-2024
About the Fund
Axis Special Situations Fund Direct Growth is an equity fund. This fund was started on 18 December, 2020. The fund is managed by Ashish Naik. The fund could potentially beat inflation in the long-run.
Key Parameters
- Axis Special Situations Fund Direct Growth has ₹1217 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 1.1.
Fund Performance
252 people have invested ₹ 12.1L in Axis Special Situations Fund Direct Growth in the last three months
Overview
 | 1.1% |
 Benchmark | IISL Nifty 500 TR INR |
 | ₹1217 Cr |
 | 18 December, 2020 |
 | ₹100/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 17.9% |
Axis Special Situations Fund Direct Growth Distribution as on (31-Mar-24)
Size breakup
Large cap
55.6%
Mid cap
33%
Small cap
8.1%
Sector Allocation
Tech
17.5%
Financial Services
17.2%
Consumer Cyclical
14.2%
Industrial
14%
Basic Materials
11.4%
Communication
8.1%
Health
5.5%
Utilities
5%
Consumer Defensive
4.4%
Energy
2.8%
Top Holdings of Axis Special Situations Fund Direct Growth as on (30-Apr-24)
Equity Holdings84
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 ICICI Bank Ltd | 4.98% | 0% | |
 Linde India Ltd | 4.45% | -12.4% | |
 Torrent Power Ltd | 4.14% | -4.3% | |
 Info Edge (India) Ltd | 3.99% | 0% | |
 Zomato Ltd | 3.78% | -5.3% |
See all
Gainers & Losers Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 Neogen Chemicals Ltd | 12.9% |
 Linde India Ltd | 12% |
 Honeywell Automation India Ltd | 2.1% |
Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at 4.08% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.47% as on Mar'24
- This fund outperformed Nifty 500 by 4.54% in Mar'24
AUM Change
- AUM of the fund stands at 1.2K Cr as of Mar'24
- AUM increased by 27.5 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
INDmoney Rank
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IND ranking is not available for this fund.
Pros
Hold on while we find any good points for this fund.
Cons
3Y returns in the bottom 25% of the category
Peer Analysis
Fund Manager
Ashish Naik
Fund Manager of Axis Special Situations Fund Direct Growth, since 24 December 2020
Top funds managed
Axis Special Situations 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 16.09% since inception which is less than its category average return of 21.66%
Fund Allocations
This fund has an allocation of 96.66% in Equity, 0% in Debt and 3.34% in Cash related instruments
AUM size ₹1217 Cr
This fund has AUM of ₹1217 Cr which is less than its category average of ₹ 1834 Cr
Expense Ratio 1.1%
This fund has an expense ratio of 1.1% which is less than its category average expense ratio of 1.31%
Frequently Asked Questions
The current NAV of Axis Special Situations Fund Direct Growth is ₹16.58 as on 09-May-2024.
Existing (Absolute + CAGR) as on 09-May-2024.
Axis Special Situations Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -2.07% | -2.07% |
6 Month Returns | 18.77% | 18.77% |
1 Year Returns | 31.8% | 31.8% |
3 Years Returns | 56.27% | 16.04% |
5 Years Returns | 0% | 0% |
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1.1% as on April 2024
₹1217 Cr as on April 2024
ICICI Bank Ltd(4.98%), Linde India Ltd(4.45%), Torrent Power Ltd(4.14%), Info Edge (India) Ltd(3.99%), Zomato Ltd(3.78%) as on April 2024
Financial Services(16.8%), Tech(16.1%), Industrial(13.24%) as on April 2024
The alpha ratio for the Axis Special Situations Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Axis Special Situations Fund Direct Growth | 7.49 | -1.7 | - |
As on April 2024
The alpha for Axis Special Situations Fund Direct Growth is calculated against IISL Nifty 500 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 Special Situations Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Axis Special Situations Fund Direct Growth | 0.64 | 0.85 | - |
As on April 2024
The Beta for Axis Special Situations Fund Direct Growth is calculated with IISL Nifty 500 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 Special Situations Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Axis Special Situations Fund Direct Growth | 2.85 | 0.78 | - |
As on April 2024
The sharpe ratio for Axis Special Situations Fund Direct Growth is calculated with IISL Nifty 500 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 Special Situations Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Axis Special Situations Fund Direct Growth | 8.79 | 13.47 | - |
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.
Sortino ratio is 1.31 as on April 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Ashish Naik is the fund manager of Axis Special Situations Fund Direct Growth
The Exit load of Axis Special Situations Fund Direct Growth is 1%