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Unrated

Axis Growth Opportunities Fund - Direct Plan


1 Lakh

Investment declined to
₹ 0.90 Lakh

₹ 10000

Monthly SIP Declined to
₹ 0.99 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 fund invests in a combination of large and medium-sized companies, thereby providing some degree of flexibility to the fund management team to invest in companies of different sizes, depending upon where it expects maximum gains. We believe this flexibility is good for fund investors but we suggest one should also consider multi cap funds which offer complete freedom to fund managers to choose companies of different sizes.

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 large and mid 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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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund -19.28 5.15 1.14 -18.94 -18.81 -13.12 -9.60 -- -- -- --
S&P BSE Large Mid Cap TRI -27.22 8.21 2.33 -20.09 -26.56 -20.35 -24.14 -- -- -- --
Equity: Large & MidCap -25.38 6.66 1.82 -22.07 -24.76 -18.93 -21.48 -- -- -- --
Rank within category 2 27 21 2 2 2 1 -- -- -- --
Number of funds in category 26 27 27 27 27 24 24 20 20 18 0

As on 07-Apr-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week 8.51 (24-Mar-2020 - 31-Mar-2020) -16.70 (16-Mar-2020 - 23-Mar-2020)
Month 7.54 (17-Sep-2019 - 17-Oct-2019) -31.55 (20-Feb-2020 - 23-Mar-2020)
Quarter 12.29 (19-Sep-2019 - 19-Dec-2019) -27.38 (23-Dec-2019 - 23-Mar-2020)
Year 26.62 (19-Feb-2019 - 19-Feb-2020) -17.24 (22-Mar-2019 - 23-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
S&P BSE Large Mid Cap TRI* -0.34 18.88 -0.31 -0.31 -- --
Equity: Large & MidCap* -1.17 20.20 -0.33 -0.32 1.03 -0.87
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-Mar-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 30
Top 10 Stocks (%) 48.31
Top 5 Stocks (%) 28.43
Top 3 Sectors (%) 61.62
Portfolio P/B Ratio 4.66
Portfolio P/E Ratio 26.29

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 62,734 60,189
Giant (%) 40.63 39.78
Large (%) 8.18 12.35
Mid (%) 51.19 44.69
Small (%) -- 6.08
Tiny (%) -- 0.19

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 24.69 7.65 0.00 7.59
equal Torrent Power Energy 9.53 6.47 0.00 5.58
up Avenue Supermarts Services 116.23 5.26 0.00 5.26
equal Sundaram Finance Financial 11.40 6.09 0.00 5.20
equal Info Edge (India) Services -- 7.17 0.00 4.80
equal PI Industries Chemicals 38.56 6.40 0.00 4.59
equal Kotak Mahindra Bank Financial 26.23 6.07 0.00 4.17
equal Supreme Industries Chemicals 21.91 4.27 0.00 3.92
equal Bandhan Bank Financial 8.82 7.40 0.00 3.69
equal HDFC Financial 12.35 8.21 0.00 3.51
equal Tata Consultancy Services Technology 20.55 5.71 0.00 3.27
equal HDFC Bank Financial 18.70 5.40 0.00 2.53
equal Asian Paints Chemicals 57.35 4.02 0.00 2.45
equal Cummins India Engineering 11.54 4.52 0.00 2.43
equal Cholamandalam Invest. & Fin. Financial 8.18 2.75 0.00 2.13
equal Bata India FMCG 42.27 2.39 0.00 1.85
equal Pidilite Industries Chemicals 55.14 2.42 0.00 1.72
equal Astral Poly Technik Chemicals 56.61 1.73 0.00 1.49
up Sumitomo Chemical India Others 62.23 1.33 0.00 1.33
equal ICICI Securities Financial 17.44 1.10 0.00 1.08
up Alphabet Inc Class A Technology -- 1.06
equal Tata Consumer Products FMCG 64.52 1.20 0.00 1.05
equal MindTree Technology 19.43 0.88 0.00 0.88
up Facebook Co Technology -- 0.79
up Nestle S. A (Switzerland) (ADS/ADR) FMCG -- 0.76

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 29-Feb-2020

Fund Manager

— Jinesh Gopani since 01-Oct-2018

Education: Mr. Gopani is a B. Com (H) and MMS from Bharati Vidyapeeth Institute of Management Studies and Research.

Experience: Prior to joining Axis AMC he has worked with Birla Sun Life AMC, Voyager India Capital Pvt. Ltd., Emkay Shares & Stock Brokers Limited and Net worth Stock Broking Limited.

Interviews:

Funds Managed:


5.15%

Change from previous, NAV as on 07-Apr-2020

Growth: ₹ 9.8000

Dividend: ₹ 9.7900


Investment Strategy

The scheme seeks to generate long term capital appreciation by investing in a diversified portfolio of Equity & Equity Related Instruments both in India as well as overseas.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 100
Minimum SIP Investment (₹) 1,000
Minimum No of Cheques 6
Minimum Withdrawal (₹) --
Minimum Balance (₹) 1
Exit Load 1% for redemption within 365 days

Basic Details

Fund House: Axis Mutual Fund
Launch Date: 22-Oct-2018
Return Since Launch: -1.37%
Benchmark: NIFTY Large Midcap 250 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 1,052 Cr (As on 29-Feb-2020)
Expense: 0.50% (As on 29-Feb-2020)
Risk Grade: --
Return Grade: --
Turnover: 82.00%

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

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

Last Session

Investors' Hangout

5 ways to deal with market panic

dateFriday, 20-Mar-2020
time12:30 PM - 01:00 PM

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