VR Logo

Unrated

Axis Consumption ETF


Suitability:

This is a fund that invests mainly in the shares of consumer-facing companies.

We believe that investors should avoid funds that have a narrowly defined investment mandate such as this one. Instead, they should invest in multi-cap funds which provide complete freedom to the fund management team to invest in companies from which it expects maximum gains.

But if you do invest, you must do so only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other consumption-themed 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.

Read more

ajax-loader
Please wait...

ajax-loader
Please wait...

(₹)
cal
cal

ajax-loader
Please wait...

Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund -- -0.19 -- -- -- -- -- -- -- -- --
S&P BSE 500 TRI -- 0.01 -- -- -- -- -- -- -- -- --
Equity: Thematic-Consumption -- 0.25 -- -- -- -- -- -- -- -- --
Rank within category -- 13 -- -- -- -- -- -- -- -- --
Number of funds in category 12 14 13 13 12 12 12 10 9 8 7

As on 27-Sep-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Aditya Birla Sun Life India GenNext Fund  | Invest Online
Unrated
Aug-05 66.62 22.20 16.45 2.19 2,417
Mirae Asset Great Consumer Fund - Regular Plan  | Invest Online
Unrated
Mar-11 60.03 19.47 17.94 2.15 1,488
Sundaram Rural and Consumption Fund - Regular Plan
Unrated
May-06 47.80 13.71 11.31 2.27 1,312
Tata India Consumer Fund - Regular Plan  | Invest Online
Unrated
Dec-15 52.73 15.68 18.22 2.29 1,304
BNP Paribas India Consumption Fund - Regular Plan
Unrated
Sep-18 58.97 25.95 -- 2.35 839

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week -- - -- -
Month -- - -- -
Quarter -- - -- -
Year -- - -- -

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
S&P BSE 500 TRI* 16.64 22.81 0.55 0.63 -- --
Equity: Thematic-Consumption* 15.16 21.15 0.52 0.60 0.77 5.54
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-Aug-2021

Asset Allocation (%)

ajax-loader
Please wait...

Concentration & Valuation

The underlying data is unavailable.

Sector Allocation vis-à-vis Category

ajax-loader
Please wait...

Top Holdings

The underlying data is unavailable.

As on

Fund Manager

— Deepak Agarwal since 30-Aug-2021

Education: Mr. Agarwal is a Chartered Accountant (C.A.), B.COM

Experience: Prior to joining Axis Asset Management Company Ltd. (Research Analyst - Equity), he has worked with Tata Asset Management Ltd. (Equity Research Analyst) 2014 – 2015, Axis Capital Ltd. (Equity Research Analyst) 2011 – 2014, Indiabulls Securities Ltd. (Equity Research Analyst) 2010 – 2011, Vmax Financial Services Ltd. (Equity Research Analyst) 2009 – 2010, BRICS Securities Ltd. (Equity Research Analyst) 2006 – 2009, Sureprep India Pvt. Ltd. (Review Manager) 2003 – 2006.

Funds Managed:

— Viresh Joshi since 30-Aug-2021

Education: Mr. Joshi is a B.Com

Experience: Prior to joining Axis Asset Management Company Ltd., he has worked with BNP Paribas Securities India Pvt. Ltd., ICICI Securities Ltd., Sify Securities (I) Pvt. Ltd., Santoor Leafin Pvt. Ltd.

Funds Managed:


-0.19%

Change from previous, NAV as on 27-Sep-2021

Growth: ₹ 73.1456


Investment Strategy

The scheme seeks to provide returns before expenses that closely correspond to the total returns of the NIFTY India Consumption Index subject to tracking errors.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) --
Minimum SIP Investment (₹) --
Minimum No of Cheques --
Minimum Withdrawal (₹) --
Minimum Balance (₹) --
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: Axis Mutual Fund
Launch Date: 17-Sep-2021
Return Since Launch: -0.30%
Benchmark: NIFTY India Consumption TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ -- Cr (As on )
Expense: -- (As on )
Risk Grade: --
Return Grade: --
Turnover: --

News & Analysis

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

Viewpoint

The Case for ESG Investing

DateThursday, 30-Sep-2021
Time04:00 PM - 04:30 PM