Axis Value Fund Direct-Growth
NAV as of Aug 29, 2024
19.57-0.05%
- Growth - Direct
(Earn upto 1.39% Extra Returns with Direct Plan)
Fund Category:
Equity: Value Oriented
Expense Ratio:
0.97%(0.80% Category
average)Fund Size:
Rs. 683.04 Cr(0.36% of Investment in Category)
- Invest in MFADD TO PORTFOLIO
Axis Value Fund Direct-Growth
NAV as of Aug 29, 2024
19.57-0.05%
Expense Ratio:
0.97%
Fund Size:
Rs. 683.04 Cr
Fund Category:
Equity: Value Oriented
1. Current NAV: The Current Net Asset Value of the Axis Value Fund - Direct Plan as of Aug 29, 2024 is Rs 19.57 for Growth option of its Direct plan.
2. Returns: Its trailing returns over different time periods are: 54.42% (1yr) and 25.73% (since launch). Whereas, Category returns for the same time duration are: 52.25% (1yr), 23.53% (3yr) and 25.14% (5yr).
3. Fund Size: The Axis Value Fund - Direct Plan currently holds Assets under Management worth of Rs 683.04 crore as on Jul 31, 2024.
4. Expense ratio: The expense ratio of the fund is 0.97% for Direct plan as on Aug 23, 2024.
5. Exit Load: Axis Value Fund - Direct Plan shall attract an Exit Load, "Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 12 months."
6. Minimum Investment: Minimum investment required is Rs 100 and minimum additional investment is Rs 100. Minimum SIP investment is Rs 100.
Axis Value Fund Direct-Growth Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns 3.22 16.28 24.57 54.09 - - Category Avg 1.27 12.71 19.80 51.88 23.52 25.28 Rank within Category 1 2 5 8 - - No. of funds within Category 31 31 31 30 22 20 - Loading...
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Return Comparison
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Axis Value Fund Direct-Growth Fund Details
Investment Objective - The schemes seeks to generate consistent long-term capital appreciation by investing predominantly in equity and equity related securities by following value investing strategy.
Fund House | Axis Mutual Fund |
Launch Date | Sep 22, 2021 |
Benchmark | Nifty 500 Value 50 Total Return Index |
Return Since Launch | 25.68% |
Riskometer | Very High |
Type | Open-ended |
Risk Grade | - |
Return Grade | - |
Axis Value Fund Direct-Growth 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 12 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 | 80 | 77 | 77 | 75 | 73 | 71 |
Top 5 Company Holdings | 19.66% | 21.08% | 19.7% | 20.44% | 20.22% | 17.59% |
Top 10 Company Holdings | 32.01% | 33.85% | 32.44% | 33.25% | 33.15% | 29.44% |
Company with Highest Exposure | ICICI Bank (4.54%) | HDFC Bank (5.15%) | ICICI Bank (5.09%) | ICICI Bank (5.52%) | Reliance Industries (5.41%) | ICICI Bank (4.43%) |
Number of Sectors | 16 | 16 | 16 | 15 | 15 | 15 |
Top 3 Sector Holdings | 41.15% | 44.52% | 42.69% | 45.21% | 42.78% | 42.6% |
Top 5 Sector Holdings | 59.41% | 61.5% | 61.66% | 62.93% | 61.55% | 62.54% |
Sector with Highest Exposure | Financial (18.78%) | Financial (19.62%) | Financial (18.59%) | Financial (20.83%) | Financial (19.52%) | Financial (17.96%) |
Top Stock Holdings
Sector Holdings in MF
Company Sector Assest(%) P/E EPS-TTM(₹) RETURN 1 YR(%) ICICI Bank Financial 4.54 18.65 65.91 26.26 HDFC Bank Financial 4.48 18.27 89.60 3.03 Reliance Industries Energy 4.08 29.72 101.60 25.68 Infosys Technology 3.76 30.28 64.20 36.38 Mahindra & Mahindra Automobile 2.8 31.59 88.80 76.67 Larsen & Toubro Construction 2.66 38.15 97.11 35.47 Bharti Airtel Communication 2.59 96.53 16.46 83.10 NTPC Energy 2.43 18.85 22.08 85.39 State Bank of India Financial 2.41 10.55 77.28 41.69 Anant Raj Construction 2.26 67.63 8.81 174.06
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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 Value Fund Direct-Growth 19.57 Unrated 683.04 2.45 54.20 - - SBI Contra Direct Plan-Growth 429.66 37,845.69 0.43 47.23 30.22 33.61 ICICI Prudential Value Discovery Direct-Growth 508.14 48,805.97 1.71 46.99 26.91 28.45 HSBC Value Fund Direct-Growth 121.64 13,819.92 0.34 54.04 27.49 28.40 Kotak India EQ Contra Fund Direct-Growth 179.28 3,760.40 1.39 57.14 25.76 26.83
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Risk Ratio data not available for this fund
Axis Mutual Fund News
Fund Manager
- S.R.Sachin RelekarSince Apr 20244 schemes
- N.A.Nitin AroraSince May 20236 schemes
Mr. Relekar is an MMS(Finance) from Jamnalal Bajaj Institute of Management Studies Mumbai and B.E (Mechanical) from K.E.S. College of Engineering Islampur. Prior to joining Axis Mutual Fund, he has worked with Bandhan Mutual Fund (formerly IDFC Mutual Fund), LIC Mutual Fund, Tata AMC, CD Equity Search, Innovision Consulting and Tech Pacific India.
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y Axis Flexi Cap Fund Direct-Growth Flexi Cap 28.79 13,031.39 38.35 Axis Focused Direct Plan-Growth Flexi Cap 62.55 14,074.71 32.52 Axis Nifty 500 Index Fund Direct-Growth Flexi Cap 10.24 Unrated 260.93 - Axis Nifty Next 50 Index Fund Direct-Growth Large Cap 18.35 Unrated 271.25 67.93 Mr. Arora has done M.Sc in Finance and Investments Prior to joining Axis Mutual Fund, he has worked with Aviva Life Insurance Company India Ltd., Emkay Global Financial Services Ltd., Nirmal Bang Institutional Equities Ltd. and Bloomberg UTV Ltd..
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y Axis Midcap Direct Plan-Growth Mid Cap 129.87 30,854.63 47.03 Axis Retirement Savings Fund - Aggressive Plan Direct-Growth Aggressive Hybrid 19.97 930.43 38.87 Axis Retirement Savings Fund - Dynamic Plan Direct-Growth Dynamic Asset Allocation 21.52 383.99 42.52 Axis Retirement Savings Fund - Conservative Plan Direct-Growth Conservative Hybrid 16.88 77.49 22.32 Axis India Manufacturing Fund Direct-Growth Thematic 14.58 Unrated 6,310.79 - Axis Multicap Fund Direct-Growth Multi Cap 18.47 Unrated 6,290.99 56.00
More Axis Mutual Fund
Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
---|---|---|---|---|---|---|---|
Axis Liquid Direct Fund-Growth | 36,518.03 | 0.61 | 1.88 | 3.78 | 7.38 | 5.81 | |
Axis ELSS Tax Saver Direct Plan-Growth | 34,895.64 | 5.88 | 12.94 | 16.49 | 28.53 | 12.29 | |
Axis Bluechip Fund Direct Plan-Growth | 32,707.97 | 5.07 | 9.84 | 14.88 | 29.15 | 12.76 | |
Axis Midcap Direct Plan-Growth | 27,747.62 | 9.28 | 24.82 | 28.54 | 47.94 | 23.49 | |
Axis Small Cap Fund Direct-Growth | 20,504.37 | 7.47 | 19.86 | 18.00 | 40.03 | 27.49 | |
Axis Banking & PSU Debt Direct Plan-Growth | 13,660.32 | 0.59 | 1.79 | 3.66 | 6.78 | 5.48 | |
Axis Focused Direct Plan-Growth | 13,341.11 | 6.47 | 11.45 | 14.90 | 25.08 | 9.58 | |
Axis Growth Opportunities Fund Direct-Growth | 12,424.49 | 8.81 | 15.61 | 23.14 | 39.92 | 21.13 | |
Axis Flexi Cap Fund Direct-Growth | 12,011.72 | 7.54 | 17.00 | 19.90 | 35.02 | 15.80 | |
Axis Overnight Fund Direct-Growth | 9,383.44 | 0.56 | 1.67 | 3.37 | 6.84 | 5.45 |
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1. Axis Value Fund - Direct Plan is Open-ended Value Oriented Equity scheme which belongs to Axis Mutual Fund House.
2. The fund was launched on Sep 22, 2021.
Investment objective & Benchmark
1. The investment objective of the fund is that " The schemes seeks to generate consistent long-term capital appreciation by investing predominantly in equity and equity related securities by following value investing strategy. "
2. It is benchmarked against Nifty 500 Value 50 Total Return Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 97.85% in equities, 0.22% in debts and 1.94% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 32.01% of the assets, the top 3 sectors constitute around 41.15% 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 Value Fund Direct-Growth
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 Value Fund Direct-Growth
- Is it safe to invest in Axis Value Fund - Direct Plan?As per SEBI’s latest guidelines to calculate risk grades, investment in the Axis Value Fund - Direct Plan comes under Very High risk category.
- What is the category of Axis Value Fund - Direct Plan?Axis Value Fund - Direct Plan belongs to the Equity : Value Oriented category of funds.
- How Long should I Invest in Axis Value Fund - Direct Plan?The suggested investment horizon of investing into Axis Value Fund - Direct 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 Value Fund - Direct Plan?The Axis Value Fund - Direct Plan is managed by Sachin Relekar (Since Apr 05, 2024) and Nitin Arora (Since May 26, 2023).
Date Sources: Mutual Funds, ETFs, and NPS data are sourced from Value Research. All times stamps are reflecting IST (Indian Standard Time). By using this site, you agree to the Terms of Service and Privacy Policy.