Axis Value Fund Direct Growth
Equity
Direct
Value
NAV: ₹ 15.86 as on 16-04-2024
Fund Performance
941 people have invested ₹ 51.8L in Axis Value Fund Direct Growth in the last three months
About the Axis Value Fund Direct Growth
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 ₹499 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 1.
Axis Value Fund Direct Growth Overview
 | 1.02% |
 Benchmark | S&P BSE 500 India TR INR |
 | ₹499 Cr |
 | 22 September, 2021 |
 | ₹100/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 14.67% |
Axis Value Fund Direct Growth Distribution as on (31-Mar-24)
Size breakup
Large cap
60.7%
Small cap
19%
Mid cap
13.2%
Sector Allocation
Financial Services
23.3%
Industrial
15%
Health
11.9%
Consumer Cyclical
11.2%
Tech
11.1%
Energy
8.7%
Utilities
5%
Basic Materials
4.9%
Communication
3.9%
Real Estate
2.9%
Consumer Defensive
2%
Top Holdings of Axis Value Fund Direct Growth as on (31-Mar-24)
Equity Holdings73
Axis Value Fund Direct Growth: Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at 0.25% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.47% as on Mar'24
- This fund outperformed Nifty 500 by 0.72% in Mar'24
AUM Change
- AUM of the fund stands at 499.1 Cr as of Mar'24
- AUM increased by 16.9 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Gainers & Losers in Axis Value Fund Direct Growth portfolio Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
Jyoti CNC Automation Ltd | 34.2% |
 Bajaj Auto Ltd | 8.1% |
 Bharti Airtel Ltd | 4.9% |
Peer Analysis
Axis Value 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 19.7% since inception which is more than its category average return of 17.94%
Fund Allocations
This fund has an allocation of 94.27% in Equity, 0% in Debt and 5.73% in Cash related instruments
AUM size ₹499 Cr
This fund has AUM of ₹499 Cr which is less than its category average of ₹ 4632 Cr
Expense Ratio 1.02%
This fund has an expense ratio of 1.02% which is less than its category average expense ratio of 1.47%
Frequently Asked Questions
The current NAV of Axis Value Fund Direct Growth is ₹15.86 as on 16-Apr-2024.
Existing (Absolute + CAGR) as on 16-Apr-2024.
Axis Value Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 4.69% | 4.69% |
6 Month Returns | 21.53% | 21.53% |
1 Year Returns | 49.62% | 49.62% |
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.
1.02% as on March 2024
₹499 Cr as on March 2024
Reliance Industries Ltd(5.41%), ICICI Bank Ltd(5.39%), HDFC Bank Ltd(3.56%), Larsen & Toubro Ltd(3.04%), Bajaj Holdings and Investment Ltd(2.82%) as on March 2024
Financial Services(21.99%), Industrial(14.18%), Health(11.26%) as on March 2024
The alpha ratio for the Axis Value Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Axis Value Fund Direct Growth | 6.65 | - | - |
As on March 2024
The alpha for Axis Value Fund Direct Growth is calculated against S&P BSE 500 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 Value Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Axis Value Fund Direct Growth | 1.11 | - | - |
As on March 2024
The Beta for Axis Value Fund Direct Growth is calculated with S&P BSE 500 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 Value Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Axis Value Fund Direct Growth | 3.12 | - | - |
As on March 2024
The sharpe ratio for Axis Value Fund Direct Growth is calculated with S&P BSE 500 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 Value Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Axis Value Fund Direct Growth | 12.07 | - | - |
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.
The Exit load of Axis Value Fund Direct Growth is 1%