December 9, 2023
mayank
Axis Equity ETFs FoF details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
Current NAV:
NAV Growth: Rs 12.9188
NAV IDCW: Rs 12.9188
Suitable For Which Investors?
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.
Fund’s Investment Strategy:
The scheme seeks to provide long-term capital appreciation from a portfolio investing predominantly in units of domestic equity ETFs. There is no assurance that the investment objective of the Scheme will be realized.
Fund Manager:
1) Karthik Kumar
Education: Mr. Kumar has done M.B.A, C.F.A, (USA) & B.E (Mechanical)
Experience: Prior to joining Axis Mutual Fund he has worked with SilverTree Hong Kong and Asiya Investment, Hong Kong
2) Shreyash Devalkar
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.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 1,000 |
| Min. Withdrawal (Rs) | — |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 1% for redemption Within 15 days |
Basic Details of Axis Equity ETFs FoF
| Fund House | Axis Mutual Fund |
| Launch Date | 24-Feb-22 |
| Return Since Launch | 15.42% |
| Benchmark | NIFTY 500 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 15 Cr |
| (As on 31-Oct-2023) | |
| Expense | 0.11% |
| (As on 31-Oct-2023) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | — |
Axis Equity ETFs FoF Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Axis Equity ETFs FoF Dir | 20.01 | -0.11 | 7.89 | 6.50 | 15.54 | 16.66 | — | — | — | — |
| S&P BSE 500 TRI | 21.82 | -0.01 | 8.40 | 6.96 | 17.79 | 18.28 | — | — | — | — |
| Equity: Flexi Cap | 24.56 | 0.05 | 7.54 | 6.69 | 18.19 | 21.01 | — | — | — | — |
| Rank within category | 62 | 65 | 34 | 39 | 58 | 61 | — | — | — | — |
| Number of funds in category | 69 | 78 | 77 | 76 | 72 | 69 | 52 | 39 | 33 | 27 |
Peer Comparison of Axis Equity ETFs FoF
| Fund name | Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) |
| Axis Equity ETFs FoF Dir | Unrated | 16.66 | — | — | 0.11 | 15 | 15.42 | 1.00 (15) | 1Y 9M | — |
| Parag Parikh Flexi Cap Dir | 5 star | 31.99 | 24.29 | 23.50 | 0.65 | 48,294 | 20.11 | 2.00 (365) | 10Y 6M | 4.79 |
| HDFC Flexi Cap Dir | 4 star | 24.71 | 29.10 | 19.98 | 0.94 | 42,271 | 16.54 | 1.00 (365) | 10Y 11M | 26.96 |
| Franklin Ind Flexi Cap Dir | 4 star | 22.97 | 24.99 | 19.06 | 1.08 | 12,802 | 16.92 | 1.00 (365) | 10Y 11M | 17.96 |
| Franklin Ind Focused Eqt Dir | 4 star | 18.11 | 24.37 | 19.59 | 1.02 | 9,856 | 18.69 | 1.00 (365) | 10Y 11M | 23.60 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,67,254 | 1,42,657 |
| Giant (%) | 49.73 | 51.73 |
| Large (%) | 34.74 | 19.87 |
| Mid (%) | 15.47 | 23.03 |
| Small (%) | 0.06 | 5.97 |
| Tiny (%) | — | 0.04 |
How to Invest in Axis Equity ETFs FoF?
Chanakya’s Mutual Fund Guidance For Axis Equity ETFs FoF
Do not invest in this, or any other flexi-cap fund, if you need to redeem your investment in less than five years.
Apply Online: https://www.axismf.com/mutual-funds
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