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5 star

Axis Flexi Cap Fund - Direct Plan


Equity: Flexi Cap

1 Lakh

Investment Grown to
₹ 1.62 Lakh

₹ 10000

Monthly SIP Grown to
₹ 5.12 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 flexi-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 flexi-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 flexi-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 11.83 0.51 1.71 9.44 7.27 16.35 56.53 17.37 -- -- --
S&P BSE 500 TRI 19.07 0.39 0.94 9.38 9.18 22.30 71.13 14.95 -- -- --
Equity: Flexi Cap 18.17 0.54 1.15 9.04 8.58 21.43 64.25 14.56 -- -- --
Rank within category 48 31 8 21 44 45 39 8 -- -- --
Number of funds in category 54 58 58 57 57 54 50 37 34 29 0

As on 15-Jun-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Axis Flexi Cap Fund - Direct Plan
5 star
Nov-17 56.53 17.37 -- 0.59 8,230
Kotak Flexicap Fund - Direct Plan  | Invest Online
4 star
Jan-13 59.27 14.61 16.52 0.64 35,955
UTI Flexi Cap Fund - Direct Plan  | Invest Online
5 star
Jan-13 77.32 18.87 18.28 1.21 18,405
Axis Focused 25 Fund - Direct Plan
4 star
Jan-13 62.72 15.56 19.45 0.62 16,540
SBI Focused Equity Fund - Direct Plan  | Invest Online
4 star
Jan-13 61.86 17.03 18.10 0.76 15,879

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 9.19 19-Sep-2019 - 26-Sep-2019 -15.55 16-Mar-2020 - 23-Mar-2020
Month 14.61 23-Mar-2020 - 22-Apr-2020 -29.41 20-Feb-2020 - 23-Mar-2020
Quarter 28.42 24-Sep-2020 - 24-Dec-2020 -26.81 23-Dec-2019 - 23-Mar-2020
Year 69.44 23-Mar-2020 - 23-Mar-2021 -14.89 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 17.05 18.51 0.69 0.81 0.77 3.92
S&P BSE 500 TRI 15.83 22.84 0.50 0.59 -- --
Equity: Flexi Cap 15.16 22.22 0.49 0.55 0.94 -0.01
Rank within category 12 1 5 4 2 5
Number of funds in category 39 39 39 39 39 39

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

As on 31-May-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 40
Top 10 Stocks (%) 58.19
Top 5 Stocks (%) 36.44
Top 3 Sectors (%) 61.62
Portfolio P/B Ratio 5.46
Portfolio P/E Ratio 39.85

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 2,32,632 1,33,343
Giant (%) 71.41 52.33
Large (%) 19.74 17.31
Mid (%) 6.80 23.41
Small (%) 2.06 7.45
Tiny (%) -- 0.14

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 Finance Financial 84.13 10.10 4.42 8.79
up HDFC Bank Financial 25.83 10.42 6.00 7.59
down Infosys Technology 32.43 9.08 1.57 7.45
equal Kotak Mahindra Bank Financial 35.15 9.67 4.82 6.39
up ICICI Bank Financial 24.29 8.31 0.00 6.22
down Tata Consultancy Services Technology 37.21 8.86 2.36 5.85
equal Avenue Supermarts Services 197.93 8.37 2.95 5.80
equal Motherson Sumi Systems Automobile 74.76 3.94 0.00 3.94
down HDFC Financial 24.52 5.12 0.97 3.19
equal Divi's Laboratories Healthcare 57.70 3.15 0.99 2.97
up Ultratech Cement Construction 35.22 2.47 0.00 2.38
down Asian Paints Chemicals 92.94 4.42 1.01 2.35
down Reliance Industries Energy 30.97 6.56 0.92 2.26
down Pidilite Industries Chemicals 96.02 3.18 0.84 2.08
equal Nestle India FMCG 78.94 4.60 0.00 1.94
equal Cholamandalam Investment & Finance Company Financial 30.66 2.21 0.00 1.92
equal Wipro Technology 28.31 1.84 0.00 1.70
up Maruti Suzuki India Automobile 49.34 5.73 0.00 1.60
equal Info Edge (India) Services 51.73 1.88 0.00 1.56
equal Astral Chemicals 96.88 1.56 0.45 1.54
equal Tata Consumer Products FMCG 77.33 2.01 0.00 1.54
equal Hindustan Unilever FMCG 70.27 5.13 1.50 1.51
equal Ambuja Cements Construction 24.58 1.34 0.00 1.31
up State Bank of India Financial 17.11 1.89 0.00 1.20
down Gland Pharma Healthcare 51.73 1.15 0.00 1.15

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-May-2021

Fund Manager

— Shreyash Devalkar since 30-Oct-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:


0.51%

Change from previous, NAV as on 15-Jun-2021

Growth: ₹ 17.8600

IDCW: ₹ 14.7100


Investment Strategy

The scheme seeks to generate long term capital appreciation by investing in a diversified portfolio of equity and equity related instruments across market capitalization by targeting undervalued companies that offer opportunities to generate superior capital gains from a medium-to-long term perspective.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 100
Minimum SIP Investment (₹) 500
Minimum No of Cheques 6
Minimum Withdrawal (₹) 1,000
Minimum Balance (₹) 1
Lock-in Period Not Applicable
Exit Load For units in excess of 10% of the investment,1% will be charged for redemption within 365 days

Basic Details

Fund House: Axis Mutual Fund
Launch Date: 20-Nov-2017
Return Since Launch: 17.64%
Benchmark: NIFTY 500 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 8,230 Cr (As on 31-May-2021)
Expense: 0.59% (As on 30-Apr-2021)
Risk Grade: Low
Return Grade: Above Average
Turnover: 92.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW25-Mar-20211.2500

 11-Mar-20201.0182

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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