December 11, 2023
mayank
Axis Flexi Cap Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
Current NAV:
NAV Growth: Rs 22.4900
NAV IDCW: Rs 15.5500
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 generate long term capital appreciation by investing in a diversified portfolio of equity and equity related instruments across market capitalization by targeting undervalued companies that offer opportunities to generate superior capital gains from a medium-to-long term perspective.
Fund Manager:
1) Hitesh Das
Education: Mr. Das is a PGDM, M.Tech, B.Tech
Experience: Prior to joining Axis Mutual Fund, he has worked with Barclays Securities India Pvt. Ltd., Credit Suisse Securities (India) Pvt. Ltd., Ebusinessware (India) Pvt. Ltd., Yes Bank.
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) | 100 |
| Min. Addl Investment (Rs) | 100 |
| Min. SIP Investment (Rs) | 100 |
| Min. Withdrawal (Rs) | 1,000 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | 1 |
| Lock-in Period | NA |
| Exit Load | For units in excess of 10% of the investment, 1% will be charged for redemption Within 365 days |
Basic Details of Axis Flexi Cap Fund
| Fund House | Axis Mutual Fund |
| Launch Date | 20-Nov-17 |
| Return Since Launch | 14.33% |
| Benchmark | NIFTY 500 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 11,120 Cr |
| (As on 30-Nov-2023) | |
| Expense | 0.73% |
| (As on 31-Oct-2023) | |
| Risk Grade | Above Average |
| Return Grade | Below Average |
| Turnover | 26.00% |
Axis Flexi Cap Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Axis Flexi Cap Dir | 17.32 | -0.18 | 6.74 | 5.59 | 13.36 | 14.63 | 14.13 | 15.53 | — | — |
| S&P BSE 500 TRI | 21.82 | -0.01 | 8.40 | 6.96 | 17.79 | 18.28 | 20.42 | 17.33 | — | — |
| Equity: Flexi Cap | 24.56 | 0.05 | 7.54 | 6.69 | 18.19 | 21.01 | 20.49 | 17.35 | — | — |
| Rank within category | 66 | 70 | 58 | 52 | 67 | 66 | 49 | 30 | — | — |
| Number of funds in category | 69 | 78 | 77 | 76 | 72 | 69 | 52 | 39 | 33 | 27 |
Peer Comparison of Axis Flexi Cap Fund
| 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 Flexi Cap Dir | 2 star | 14.63 | 14.13 | 15.53 | 0.73 | 11,120 | 14.33 | 1.00 (365) | 6Y | 26.00 |
| 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 Analysis of Axis Flexi Cap Fund
| No. of Stocks | 56 |
| Top 10 Stocks | 47.77% |
| Top 5 Stocks | 33.34% |
| Top 3 Sectors | 51.04% |
| Portfolio P/B Ratio | 5.44 |
| Portfolio P/E Ratio | 31.85 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,79,140 | 1,46,991 |
| Giant (%) | 64.71 | 51.14 |
| Large (%) | 15.21 | 20.24 |
| Mid (%) | 17.18 | 23.01 |
| Small (%) | 2.90 | 6.27 |
| Tiny (%) | — | 0.04 |
How to Invest in Axis Flexi Cap Fund?
Chanakya’s Mutual Fund Guidance For Axis Flexi Cap Fund
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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