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Unrated

Axis Equity Advantage Fund Series 1 - Regular Plan


1 Lakh

Investment Grown to
₹ 1.18 Lakh

Analyst's Choice?

Suitability:

When you invest for five years or above, you can expect gains that comfortably beat the inflation rate and are also higher than fixed income options. But be prepared for ups and downs in your investment value along the way.

This is a multi cap fund where the fund management team has complete freedom to invest in companies of different sizes, depending upon where it expects maximum gains. This versatility makes multi cap funds most suitable for equity fund investors as the job of stock selection is completely left to the fund manager, which is the very idea of investing in a mutual fund.

Like all equity funds, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other multi cap fund, if you need to redeem your investment in less than five years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends paid by the mutual fund scheme are taxed at the rate of 10% (effectively 11.648%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 1.26 -0.77 0.31 0.94 2.96 11.60 17.83 -- -- -- --
S&P BSE Sensex 50 TRI 0.67 -0.98 -0.77 -0.13 5.24 8.09 13.56 -- -- -- --
Equity: Multi Cap 2.40 -0.64 0.48 2.77 6.35 10.32 10.74 -- -- -- --
Rank within category 37 32 25 37 39 15 4 -- -- -- --
Number of funds in category 43 43 43 43 43 43 43 9 4 0 0

As on 20-Jan-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week -- ( - ) -- ( - )
Month 9.31 (23-Aug-2019 - 23-Sep-2019) -8.47 (07-Sep-2018 - 08-Oct-2018)
Quarter 10.69 (05-Aug-2019 - 04-Nov-2019) -10.23 (24-Jul-2018 - 23-Oct-2018)
Year 18.63 (17-Jan-2019 - 17-Jan-2020) -3.47 (03-Aug-2018 - 05-Aug-2019)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
S&P BSE Sensex 50 TRI* 15.86 12.18 1.27 -- -- --
Equity: Multi Cap* 10.78 13.76 0.38 0.54 0.95 -2.62
Rank within category -- -- -- -- -- --
Number of funds in category -- -- -- -- -- --

The Risk Measures have been calculated using calendar month returns for the last three years.

As on

* As on 31-Dec-2019

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 21
Top 10 Stocks (%) 49.65
Top 5 Stocks (%) 30.73
Top 3 Sectors (%) 52.39
Portfolio P/B Ratio 6.15
Portfolio P/E Ratio 37.37

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 1,80,810 76,572
Giant (%) 75.10 45.72
Large (%) 14.39 16.52
Mid (%) 10.51 24.29
Small (%) -- 14.07
Tiny (%) -- 0.55

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal Bajaj Finserv Financial 40.83 8.82 0.00 8.82
equal Avenue Supermarts Services 99.55 6.47 0.73 5.90
equal HDFC Bank Financial 26.16 7.81 2.40 5.87
equal Bajaj Finance Financial 50.59 5.71 0.00 5.08
equal Infosys Technology 20.02 6.12 0.00 5.06
equal Kotak Mahindra Bank Financial 37.61 4.49 1.75 4.49
equal Tata Consultancy Services Technology 25.12 6.63 0.00 3.99
equal Bandhan Bank Financial 25.48 4.80 0.00 3.95
equal Asian Paints Chemicals 68.53 3.63 0.00 3.54
equal Pidilite Industries Chemicals 68.26 5.01 0.00 2.95
equal Reliance Industries Energy 22.39 2.90 0.00 2.79
equal Supreme Industries Chemicals 38.86 3.86 0.00 2.77
equal HDFC Financial 34.97 3.35 0.00 2.56
equal ICICI Bank Financial 67.36 2.80 0.00 2.20
equal Maruti Suzuki India Automobile 37.00 6.66 1.44 1.93
equal Info Edge (India) Services 146.44 1.97 0.00 1.87
equal Titan Company Cons Durable 73.44 2.25 0.00 1.87
equal Endurance Technologies Automobile 25.33 3.22 0.00 1.68
equal Divi's Laboratories Healthcare 39.01 1.42 0.00 1.36
equal City Union Bank Financial 24.00 1.08 0.00 1.08
equal Hindustan Unilever FMCG 67.81 0.73 0.00 0.64

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Dec-2019

Fund Manager

— Aditya Pagaria since 26-May-2017

Education: Mr. Pagaria is a Bachelor in Management Studies and holds a Post Graduate Diploma in Business Management from Institute Of Technology And Management, SK Somaiya College.

Experience: Prior to joining Axis AMC he was associated with ICICI Prudential AMC (Nov 2011-Jul 2016) as Fund Manager - Fixed Income Operations.

Funds Managed:

— Shreyash Devalkar since 05-May-2017

Education: Mr. Devalkar is a B.Tech from UDCT Mumbai and PGDM (Management) from JBIMS Mumbai University

Experience: Prior to joining Axis Mutual Fund he has worked with BNP Paribas Mutual Fund as a Fund Manager, IDFC Capital, JP Morgan Services India and Calyon Bank.

Funds Managed:


-0.77%

Change from previous, NAV as on 20-Jan-2020

Growth: ₹ 12.8900


Investment Strategy

The scheme seeks to generate capital appreciation over medium to long-term from a diversified portfolio of predominantly equity & equity related instruments.

Tenure (Days) 1590
Maturity date 30-Sep-2021

Basic Details

Fund House: Axis Mutual Fund
Launch Date: 25-May-2017
Return Since Launch: 10.02%
Benchmark: NIFTY 50 Total Return (75), CRISIL Composite Bond (25)
Riskometer: Moderately High
Type: Closed-end

Contact Information

AMC: Axis Asset Management Company Ltd.

Address: "Axis House" - 1st Floor, C-2 - Wadia International Centre, Pandurang Budhkar Marg , Worli, Mumbai - 400025

Phone: 022-24255161

Fax: 022-43255199

Email: [email protected] / [email protected]

Website: www.axismf.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills, Hyderabad - 500034

Phone: 040-23312454

Email: [email protected]

Website: www.karvymfs.com

Upcoming Video

Value Investing

Evaluating a company's financial health from the Cash Flow Statement

dateSaturday, 25-Jan-2020
time12:30 PM - 01:00 PM