Axis Quant Fund Regular-IDCW
NAV as of Aug 29, 2024
17.36-0.12%
(Earn upto 1.50% Extra Returns with Direct Plan)
Fund Category:
Equity: Thematic
Expense Ratio:
2.15%(1.49% Category
average)Fund Size:
Rs. 1,166.82 Cr(0.66% of Investment in Category)
- Invest in MFADD TO PORTFOLIO
Axis Quant Fund Regular-IDCW
NAV as of Aug 29, 2024
17.36-0.12%
Expense Ratio:
2.15%
Fund Size:
Rs. 1,166.82 Cr
Fund Category:
Equity: Thematic
1. Current NAV: The Current Net Asset Value of the Axis Quant Fund - Regular Plan as of Aug 29, 2024 is Rs 17.36 for IDCW option of its Regular plan.
2. Returns: Its trailing returns over different time periods are: 40.61% (1yr), 18.22% (3yr) and 19.09% (since launch). Whereas, Category returns for the same time duration are: 48.27% (1yr), 21.79% (3yr) and 24.35% (5yr).
3. Fund Size: The Axis Quant Fund - Regular Plan currently holds Assets under Management worth of Rs 1166.82 crore as on Jul 31, 2024.
4. Expense ratio: The expense ratio of the fund is 2.15% for Regular plan as on Aug 23, 2024.
5. Exit Load: Axis Quant Fund - Regular Plan shall attract an Exit Load, "Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 3 months."
6. Minimum Investment: Minimum investment required is Rs 100 and minimum additional investment is Rs 100. Minimum SIP investment is Rs 100.
Axis Quant Fund Regular-IDCW Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns 2.12 10.86 14.29 40.11 18.15 - Category Avg 0.57 11.65 21.71 47.46 21.74 24.55 Rank within Category 23 55 75 46 24 - No. of funds within Category 104 90 78 67 31 19 - Loading...
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Return Comparison
- This Fund
- BenchmarkBSE 200 Total Return Index
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- S&P BSE Sensex
- Nifty 50
- 1M
- 3M
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- 1Y
- 5Y
Axis Quant Fund Regular-IDCW Fund Details
Investment Objective - The scheme seeks to generate long-term capital appreciation by investing primarily in equity and equity related instruments selected based on a quantitative model.
Fund House | Axis Mutual Fund |
Launch Date | Jun 30, 2021 |
Benchmark | BSE 200 Total Return Index |
Return Since Launch | 19.02% |
Riskometer | Very High |
Type | Open-ended |
Risk Grade | - |
Return Grade | - |
Axis Quant Fund Regular-IDCW Investment Details
Minimum Investment (Rs.) | 100.00 |
Minimum Additional Investment (Rs.) | 100.00 |
Minimum SIP Investment (Rs.) | 100.00 |
Minimum Withdrawal (Rs.) | - |
Exit Load Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 3 months. |
Portfolio Allocation
Asset Allocation
Asset Allocation History
Sector Allocation
Market Cap Allocation
Concentration & Valuation Analysis
JUL 2024 | JUN 2024 | MAY 2024 | APR 2024 | MAR 2024 | FEB 2024 | |
---|---|---|---|---|---|---|
Number of Holdings | 47 | 43 | 45 | 43 | 49 | 51 |
Top 5 Company Holdings | 24.5% | 24.63% | 27.96% | 27.13% | 27.88% | 26.87% |
Top 10 Company Holdings | 39.49% | 40.71% | 45.08% | 43.93% | 44.26% | 42.58% |
Company with Highest Exposure | ICICI Bank (8.97%) | ICICI Bank (9.25%) | ICICI Bank (9.24%) | ICICI Bank (9.33%) | ICICI Bank (9.03%) | ICICI Bank (8.87%) |
Number of Sectors | 13 | 13 | 13 | 13 | 13 | 12 |
Top 3 Sector Holdings | 48.3% | 48.61% | 47.45% | 46.07% | 47.03% | 48.37% |
Top 5 Sector Holdings | 71.25% | 66.91% | 65.02% | 64.13% | 67.62% | 69.05% |
Sector with Highest Exposure | Financial (22.64%) | Financial (23.7%) | Financial (23.09%) | Financial (23.22%) | Financial (22.47%) | Financial (22.3%) |
Top Stock Holdings
Sector Holdings in MF
Company Sector Assest(%) P/E EPS-TTM(₹) RETURN 1 YR(%) ICICI Bank Financial 8.97 18.65 65.91 26.26 Trent Services 4.19 149.18 47.99 249.91 Bajaj Auto Automobile 3.91 37.98 286.76 131.70 Coal India Materials 3.85 8.85 59.34 129.42 REC Financial 3.58 11.15 55.59 156.29 HDFC Bank Financial 3.14 18.27 89.60 3.03 Hero Motocorp Automobile 3.1 26.73 204.10 79.86 Lupin Healthcare 2.96 45.13 49.64 99.85 Zydus Lifesciences Healthcare 2.91 26.28 42.92 79.14 Tata Consultancy Technology 2.88 35.15 129.55 33.64
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Peer Comparison
Cumulative Returns
SIP returns
Discrete Returns
Quant Measures
Asset Allocation
Scheme Name NAV(Rs./Unit) Scheme Rating AUM(Rs. Cr) 1M 1Y 3Y 5Y Axis Quant Fund Regular-IDCW 17.36 Unrated 1,166.82 2.12 40.11 18.15 - ICICI Prudential Innovation Fund - IDCW 17.99 Unrated 6,069.23 0.73 54.69 - - Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF FoF Regular - IDCW 11.86 Unrated 170.23 -0.65 - - - Aditya Birla Sun Life Manufacturing Equity Fund Regular-IDCW 22.65 Unrated 1,169.87 1.06 49.19 19.68 22.64 Edelweiss Business Cycle Fund Regular-IDCW 10.07 Unrated 1,709.75 - - - -
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Standard Deviation
Standard Deviation
Standard deviation is the deviation of the fund's return around mean.
Low Volatality
12.58VS14.65Fund Vs Category Avg
Beta
Beta
Beta shows the portfolio risk in relation to the market. A beta of less than 1 means that the fund returns are less volatile compared to the broader market. A beta of more than 1 means that the fund returns are more volatile than the broader markets. A beta equal to 1 means that fund's volatility is in line with the broader market.
Moderate Volatility
0.88VS0.88Fund Vs Category Avg
Sharpe Ratio
Sharpe Ratio
Sharpe ratio is a risk adjusted performance measure. A fund with a higher Sharpe ratio is considered better than a fund with a lower Sharpe ratio.
Poor risk-adjusted returns
0.97VS1.08Fund Vs Category Avg
Treynor's Ratio
Treynor's Ratio
Treynor is a risk adjusted performance measure. A fund with a higher Treynor ratio is considered better than a fund with a lower Treynor ratio.
Poor risk-adjusted returns
13.80VS16.46Fund Vs Category Avg
Jensen's Alpha
Jensen's Alpha
Alpha shows the ability of the fund manager to outperform the market. A higher Alpha is preferred.
Poor risk-adjusted returns
-0.71VS1.19Fund Vs Category Avg
Mean Return
Mean Return
Average return generated by the fund during a specified period.
Poor average monthly returns
17.72VS19.64Fund Vs Category Avg
Risk Ratio Chart
- Risk Ratio
- Category Average
Axis Mutual Fund News
Fund Manager
- A.N.Ashish NaikSince May 20229 schemes
- K.K.Karthik KumarSince Jul 20239 schemes
Mr. Naik is a B.E from Mumbai University and MBA from XLRI, Jamshedpur. Prior to joining Axis Mutual Fund he was associated with organizations such as Goldman Sachs and has over 7 years of experience as an Equity Analyst.
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y Axis Balanced Advantage Fund Regular-IDCW Dynamic Asset Allocation 14.18 2,466.12 30.19 Axis Nifty 100 Index Fund Regular-IDCW Large Cap 22.22 1,650.89 35.88 Axis ELSS Tax Saver Fund-IDCW ELSS 27.98 38,278.40 36.46 Axis Bluechip Fund-IDCW Large Cap 20.32 35,013.27 33.18 Axis Equity Hybrid Fund Regular-IDCW Aggressive Hybrid 14.55 1,682.75 27.16 Axis Nifty Bank Index Fund Regular-IDCW Sectoral-Banking 10.44 Unrated 123.11 - Axis BSE Sensex Index Fund Regular-IDCW Large Cap 11.29 Unrated 44.94 - Axis Business Cycles Fund Regular-IDCW Thematic 16.61 Unrated 2,919.99 39.58 Axis Innovation Fund Regular-IDCW Thematic 18.38 Unrated 1,277.08 37.78 Mr. Kumar has done M.B.A, C.F.A, (USA) & B.E (Mechanical) Prior to joining Axis Mutual Fund he has worked with SilverTree Hong Kong and Asiya Investment, Hong Kong
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y Axis Nifty 100 Index Fund Regular-IDCW Large Cap 22.22 1,650.89 35.88 Axis Nifty Bank Index Fund Regular-IDCW Sectoral-Banking 10.44 Unrated 123.11 - Axis Nifty IT Index Fund Regular-IDCW Sectoral-Technology 14.35 Unrated 128.17 39.35 Axis BSE Sensex Index Fund Regular-IDCW Large Cap 11.29 Unrated 44.94 - Axis Nifty Smallcap 50 Index Fund Regular-IDCW Small Cap 19.03 Unrated 397.63 62.70 Axis Nifty Midcap 50 Index Fund Regular-IDCW Mid Cap 19.66 Unrated 392.20 47.39 Axis Equity ETFs FoF Regular-IDCW Flexi Cap 16.50 Unrated 22.54 39.87 Axis Nifty Next 50 Index Fund Regular-IDCW Large Cap 18.07 Unrated 271.25 67.01 Axis Nifty 50 Index Fund Regular-IDCW Large Cap 14.88 Unrated 510.52 30.81
More Axis Mutual Fund
Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
---|---|---|---|---|---|---|---|
Axis Liquid Fund Regular-Growth | 36,518.03 | 0.60 | 1.86 | 3.75 | 7.32 | 5.74 | |
Axis Liquid Fund Retail-Growth | 36,518.03 | 0.56 | 1.73 | 3.48 | 6.77 | 5.21 | |
Axis ELSS Tax Saver Fund-Growth | 34,895.64 | 5.81 | 12.73 | 16.06 | 27.56 | 11.40 | |
Axis Bluechip Fund-Growth | 32,707.97 | 4.98 | 9.60 | 14.36 | 27.98 | 11.61 | |
Axis Midcap Fund Regular-Growth | 27,747.62 | 9.18 | 24.49 | 27.86 | 46.39 | 22.03 | |
Axis Small Cap Fund Regular-Growth | 20,504.37 | 7.37 | 19.53 | 17.34 | 38.50 | 25.83 | |
Axis Banking & PSU Debt Fund-Growth | 13,660.32 | 0.57 | 1.72 | 3.51 | 6.48 | 5.17 | |
Axis Focused Fund Regular-Growth | 13,341.11 | 6.37 | 11.18 | 14.34 | 23.89 | 8.45 | |
Axis Growth Opportunities Fund Regular-Growth | 12,424.49 | 8.70 | 15.30 | 22.46 | 38.33 | 19.57 | |
Axis Flexi Cap Fund Regular-Growth | 12,011.72 | 7.46 | 16.71 | 19.31 | 33.70 | 14.52 |
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1. Axis Quant Fund - Regular Plan is Open-ended Thematic Equity scheme which belongs to Axis Mutual Fund House.
2. The fund was launched on Jun 30, 2021.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme seeks to generate long-term capital appreciation by investing primarily in equity and equity related instruments selected based on a quantitative model. "
2. It is benchmarked against BSE 200 Total Return Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 98.59% in equities, 1.21% in debts and 0.18% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 39.49% of the assets, the top 3 sectors constitute around 48.3% of the assets.
3. The fund largely follows a Growth oriented style of investing and invests across market capitalisations - around 0.0% in giant & large cap companies, 0.0% in mid cap and 0.0% in small cap companies.
Tax Implications on Axis Quant Fund Regular-IDCW
1. Gains are taxed at a rate of 15% (Short-term Capital Gain Tax - STCG) if units are redeemed within 1 year of investment.
2. For units redeemed after 1 year of investment, gains of upto Rs. 1 lakh accruing from those units in a financial year shall be exempted from tax.
3. Gains of more than Rs. 1 lakh will be taxed at a rate of 10% (Long-term Capital Gain Tax - LTCG).
4. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
5. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
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FAQs about Axis Quant Fund Regular-IDCW
- Is it safe to invest in Axis Quant Fund - Regular Plan?As per SEBI’s latest guidelines to calculate risk grades, investment in the Axis Quant Fund - Regular Plan comes under Very High risk category.
- What is the category of Axis Quant Fund - Regular Plan?Axis Quant Fund - Regular Plan belongs to the Equity : Thematic category of funds.
- How Long should I Invest in Axis Quant Fund - Regular Plan?The suggested investment horizon of investing into Axis Quant Fund - Regular Plan is >3 years. The suggested investment horizon is the minimum time required for holding investments in the fund to reduce its downside risk and ensure that the returns become more predictable.
- Who manages the Axis Quant Fund - Regular Plan?The Axis Quant Fund - Regular Plan is managed by Ashish Naik (Since May 04, 2022) and Karthik Kumar (Since Jul 03, 2023).
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