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Unrated

Axis Equity Advantage Fund Series 1 - Direct Plan


Equity: Multi Cap

1 Lakh

Investment declined to
₹ 0.99 Lakh

Suitability:

When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from 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 on where it expects maximum gains. This versatility makes multi-cap funds most suitable for equity fund investors, as the job of stock selection is left completely to the fund manager, which is the very idea of investing in a mutual fund.

Like for 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 are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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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 -3.18 0.95 -0.16 -2.89 4.93 8.49 -1.38 -- -- -- --
S&P BSE 500 TRI -4.24 1.90 0.20 -3.06 9.78 34.41 0.79 -- -- -- --
Equity: Multi Cap -2.92 1.82 0.08 -3.83 7.40 26.26 0.49 -- -- -- --
Rank within category 19 35 26 12 25 33 22 -- -- -- --
Number of funds in category 36 36 36 36 36 36 36 11 3 0 0

As on 28-Sep-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Axis Equity Advantage Fund Series 1 - Direct Plan
Unrated
May-17 -1.38 -- -- -- 1,054
Axis Capital Builder Fund Series 4 (1582 Days) - Direct Plan
Unrated
Dec-18 -2.65 -- -- -- 921
UTI Focussed Equity Fund Series V (1102 Days) - Direct Plan
Unrated
Dec-17 7.45 -- -- -- 624
DSP A.C.E.Fund (Analyst's Conviction Equalized) Series 1 - Direct Plan
Unrated
Dec-17 2.01 -- -- 0.66 622
ICICI Prudential Value Fund - Series 16 - Direct Plan
Unrated
Aug-17 -11.85 0.69 -- -- 586

Best & Worst Performance

Best (Period) Worst (Period)
Week 8.10 (19-Sep-2019 - 26-Sep-2019) -8.25 (16-Mar-2020 - 23-Mar-2020)
Month 9.43 (23-Aug-2019 - 23-Sep-2019) -17.95 (20-Feb-2020 - 23-Mar-2020)
Quarter 14.39 (27-May-2020 - 26-Aug-2020) -16.97 (13-Feb-2020 - 14-May-2020)
Year 24.53 (19-Feb-2019 - 19-Feb-2020) -5.69 (27-May-2019 - 26-May-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 7.85 12.26 0.22 0.23 0.49 2.12
S&P BSE 500 TRI 6.34 21.82 0.05 0.06 -- --
Equity: Multi Cap 4.74 18.53 -0.01 -0.02 0.77 -1.32
Rank within category 2 2 2 2 4 2
Number of funds in category 13 13 13 13 13 13

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

As on 31-Aug-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 21
Top 10 Stocks (%) 49.97
Top 5 Stocks (%) 31.47
Top 3 Sectors (%) 47.57
Portfolio P/B Ratio 4.26
Portfolio P/E Ratio 31.48

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 2,10,459 82,732
Giant (%) 84.58 45.15
Large (%) 6.91 20.36
Mid (%) 8.03 23.74
Small (%) 0.48 12.65
Tiny (%) -- 1.17

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
up ICICI Bank Financial 24.61 7.40 0.00 7.40
up HDFC Financial 13.76 6.94 1.28 6.94
equal Infosys Technology 25.25 7.03 1.38 6.61
equal Bajaj Finserv Financial 25.46 8.82 3.72 5.97
equal Avenue Supermarts Services 134.07 8.45 2.96 4.55
equal Tata Consultancy Services Technology 29.15 6.63 0.00 4.28
equal Reliance Industries Energy 35.27 4.01 0.00 3.95
equal Hindustan Unilever FMCG 70.81 4.50 0.00 3.73
equal Supreme Industries Chemicals 43.01 3.86 2.38 3.30
equal Asian Paints Chemicals 82.30 3.85 1.84 3.24
equal Bharti Airtel Communication -- 3.57 0.00 2.99
down HDFC Bank Financial 20.35 8.06 2.65 2.65
equal Pidilite Industries Chemicals 85.79 5.01 0.00 2.53
equal Divi's Laboratories Healthcare 51.44 2.37 0.00 2.37
equal Kotak Mahindra Bank Financial 29.73 4.49 2.24 2.31
equal Titan Company Cons Durable 121.46 2.25 0.00 2.14
equal Maruti Suzuki India Automobile 50.24 6.66 1.28 1.84
equal Endurance Technologies Automobile 40.73 3.22 1.06 1.75
equal HDFC Life Insurance Financial 88.78 1.52 0.00 1.36
equal City Union Bank Financial 22.47 1.08 0.59 0.64
equal Rallis India Chemicals 26.44 0.35 0.00 0.34
equal Reliance Industries Ltd - Partly Paid Equity Energy -- 0.15

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-Aug-2020

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.

Interviews:

Funds Managed:


0.95%

Change from previous, NAV as on 28-Sep-2020

Growth: ₹ 12.7800


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: 7.09%
Benchmark: NIFTY 50 TRI (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: http://www.axismf.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

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