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Unrated

Axis Equity Advantage Fund Series 2 - Direct Plan


Equity: Multi Cap

1 Lakh

Investment Grown to
₹ 1.06 Lakh

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 -3.86 -1.06 -1.77 2.44 3.39 -5.06 5.86 -- -- -- --
S&P BSE 500 TRI -11.23 -1.58 -1.67 6.30 18.53 -13.06 -6.56 -- -- -- --
Equity: Multi Cap -9.14 -1.09 -1.43 4.51 12.07 -11.28 -3.76 -- -- -- --
Rank within category 9 18 30 33 37 8 5 -- -- -- --
Number of funds in category 39 39 39 39 39 39 39 8 4 0 0

As on 14-Jul-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 2 - Direct Plan
Unrated
Aug-17 5.86 -- -- -- 100
Axis Equity Advantage Fund Series 1 - Direct Plan
Unrated
May-17 3.07 -- -- -- 992
Axis Capital Builder Fund Series 4 (1582 Days) - Direct Plan
Unrated
Dec-18 -3.77 -- -- -- 851
DSP A.C.E.Fund (Analyst's Conviction Equalized) Series 1 - Direct Plan
Unrated
Dec-17 5.58 -- -- 0.66 587
ICICI Prudential Value Fund - Series 16 - Direct Plan
Unrated
Aug-17 -7.31 -- -- -- 579

Best & Worst Performance

Best (Period) Worst (Period)
Week 7.87 (19-Sep-2019 - 26-Sep-2019) -8.40 (11-Mar-2020 - 18-Mar-2020)
Month 9.22 (23-Aug-2019 - 23-Sep-2019) -15.83 (20-Feb-2020 - 23-Mar-2020)
Quarter 11.12 (01-Aug-2019 - 31-Oct-2019) -13.07 (20-Feb-2020 - 22-May-2020)
Year 25.92 (19-Feb-2019 - 19-Feb-2020) -0.43 (27-May-2019 - 26-May-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
S&P BSE 500 TRI* 4.28 21.61 -0.05 -0.05 -- --
Equity: Multi Cap* 2.79 19.50 -0.12 -0.13 0.84 -1.66
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 30-Jun-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 20
Top 10 Stocks (%) 52.47
Top 5 Stocks (%) 32.79
Top 3 Sectors (%) 47.01
Portfolio P/B Ratio 4.71
Portfolio P/E Ratio 29.67

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 2,14,448 75,191
Giant (%) 79.31 46.45
Large (%) 7.70 18.34
Mid (%) 9.54 22.78
Small (%) 3.45 12.35
Tiny (%) -- 0.74

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 HDFC Bank Financial 21.69 9.00 5.77 9.00
equal Avenue Supermarts Services 139.03 7.66 0.00 7.43
equal Info Edge (India) Services -- 7.93 0.00 6.37
equal Infosys Technology 21.35 6.09 1.40 5.38
equal Kotak Mahindra Bank Financial 30.11 5.41 2.06 4.61
up Reliance Industries Energy 33.93 4.61 0.00 4.61
equal Tata Consultancy Services Technology 26.81 4.76 0.00 4.17
equal Hindustan Unilever FMCG 78.98 4.47 0.00 4.00
equal ICICI Bank Financial 23.96 4.01 0.00 3.70
equal Bharti Airtel Communication -- 3.25 0.00 3.20
down Bajaj Finance Financial 37.47 10.13 2.02 2.27
equal Pidilite Industries Chemicals 62.94 4.93 0.00 1.93
equal HDFC Financial 14.68 5.11 1.46 1.93
equal Divi's Laboratories Healthcare 42.85 1.83 0.00 1.69
equal Titan Company Cons Durable 57.82 1.56 0.00 1.52
equal Maruti Suzuki India Automobile 31.10 6.03 1.06 1.40
equal HDFC Life Insurance Financial -- 1.25 0.00 1.25
equal Tata Elxsi Technology 22.44 0.90 0.00 0.90
equal Orient Electric Engineering 46.96 0.97 0.00 0.81
equal Brigade Enterprises Construction 21.59 0.94 0.00 0.59
new Reliance Industries Ltd - Partly Paid Equity Energy -- 0.08

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 30-Jun-2020

Fund Manager

— Aditya Pagaria since 07-Mar-2019

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 14-Jul-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:


-1.06%

Change from previous, NAV as on 14-Jul-2020

Growth: ₹ 12.1900


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) 1280
Maturity date 02-Feb-2021

Basic Details

Fund House: Axis Mutual Fund
Launch Date: 03-Aug-2017
Return Since Launch: 6.95%
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

Upcoming Video

Value Investing

Evaluating Covid-affected financials of India Inc

dateFriday, 17-Jul-2020
time12:30 PM - 01:00 PM