Axis Value Fund Direct Growth
Equity
Direct
Value
NAV as on 06-09-2024
₹ 19.41
1D
Inception Returns
25.1%
/yr
About the Fund
Axis Value Fund Direct Growth is an equity fund. This fund was started on 22 September, 2021. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- Axis Value Fund Direct Growth has ₹683 Cr worth of assets under management (AUM) as on Jul 2024 and is less than category average.
- The fund has an expense ratio 1.
Returns
Axis Value Fund Direct Growth has given a CAGR return of 25.14% since inception. Over the last 1 year the fund has given a CAGR return of 50.12%.
Holdings
Axis Value Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Health, Consumer Cyclical, Tech, Energy, Real Estate, Basic Materials, Utilities, Consumer Defensive, Communication. Its top holdings are ICICI Bank Ltd, HDFC Bank Ltd, Reliance Industries Ltd, Infosys Ltd, Mahindra & Mahindra Ltd
Taxation
As it is a value mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of Axis Value Fund Direct Growth
To generate consistent long-term capital appreciation by investing predominantly in equity and equity related securities by following value investing strategy. However, there can be no assurance that the investment objective of the Scheme will be achieved.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Axis Value Fund Direct Growth has no lock in period.
Historical NAV & Returns
Fund Overview
| Expense ratio | 0.98% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹683 Cr |
| Inception Date | 22 September, 2021 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 90.24% |
| STCG | Redeeming before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Trailing Returns
as on (06-Sep-24)
Fund Distribution
as on (31-Jul-24)
- This fund’s returns stands at 6.14% whereas the fund’s underlying benchmark Nifty 500 returns stands at 3.53% as on Jul'24
- This fund outperformed Nifty 500 by 2.61% in Jul'24
- AUM of the fund stands at 683 Cr as of Jul'24
- AUM increased by 63.2 Cr between Jul'24 and Jun'24
Top 3 Sectors in July were Financial Services, Industrial & Consumer Cyclical
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 ICICI Bank Ltd | 4.54% | 0% | |
 HDFC Bank Ltd | 4.48% | 0% | |
 Reliance Industries Ltd | 4.08% | 0% | |
 Infosys Ltd | 3.76% | 5.9% | |
 Mahindra & Mahindra Ltd | 2.8% | 0% |
Top Growth Drivers | 1M Return |
|---|---|
 Anant Raj Ltd | 20.4% |
 Minda Corporation Ltd | 6.4% |
 Granules India Ltd | 4.8% |
Axis Value Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹0 Cr
Expense Ratio 0.98%
Frequently Asked Questions
Axis Value Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 5.89% | 5.89% |
6 Month Returns | 22.77% | 22.77% |
1 Year Returns | 50.12% | 50.12% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
- 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.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Axis Value Fund Direct Growth | 8.54 | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Axis Value Fund Direct Growth | 1.02 | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Axis Value Fund Direct Growth | 3.23 | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Axis Value Fund Direct Growth | 11.72 | - | - |