December 11, 2023
mayank
Axis Growth Opportunities Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
Current NAV:
NAV Growth: Rs 26.8500
NAV IDCW: Rs 22.7600
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 fund invests in a combination of large- and medium-sized companies, providing reasonable degree of flexibility to the fund management team to invest in companies of different sizes, depending on where it expects maximum gains. We believe this flexibility is good for fund investors, but we suggest you also consider flexi-cap funds which offer complete freedom to fund managers to choose companies of different sizes.
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 & Equity Related Instruments both in India as well as overseas.
Fund Manager:
1) 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) | — |
| 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 Growth Opportunities Fund
| Fund House | Axis Mutual Fund |
| Launch Date | 22-Oct-18 |
| Return Since Launch | 21.22% |
| Benchmark | NIFTY Large Midcap 250 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 10,396 Cr |
| (As on 30-Nov-2023) | |
| Expense | 0.56% |
| (As on 31-Oct-2023) | |
| Risk Grade | Average |
| Return Grade | Above Average |
| Turnover | 48.00% |
Axis Growth Opportunities Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Axis Growth Opp Dir | 28.78 | -0.30 | 5.54 | 5.34 | 14.30 | 25.47 | 21.85 | 21.38 | — | — |
| S&P BSE Large Mid Cap TRI | 20.13 | 0.05 | 8.53 | 6.99 | 16.66 | 16.66 | 19.24 | 16.56 | — | — |
| Equity: Large & MidCap | 26.93 | -0.06 | 7.73 | 6.69 | 20.10 | 23.34 | 23.30 | 19.08 | — | — |
| Rank within category | 9 | 26 | 26 | 21 | 26 | 7 | 17 | 2 | — | — |
| Number of funds in category | 27 | 28 | 27 | 27 | 27 | 27 | 26 | 21 | 18 | 16 |
Peer Comparison of Axis Growth Opportunities 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 Growth Opp Dir | 4 star | 25.47 | 21.85 | 21.38 | 0.56 | 10,396 | 21.22 | 1.00 (365) | 5Y 1M | 48.00 |
| Mirae Asset Emrgng Bluechip Dir | 4 star | 22.47 | 22.04 | 21.19 | 0.64 | 30,284 | 22.92 | 1.00 (365) | 10Y 11M | 55.00 |
| SBI Large & Midcap Dir | 5 star | 18.28 | 23.78 | 19.07 | 0.83 | 17,175 | 17.35 | 0.10 (30) | 10Y 11M | 16.00 |
| Kotak Eqt Opp Dir | 5 star | 23.62 | 22.85 | 20.15 | 0.53 | 16,503 | 17.34 | 1.00 (365) | 10Y 11M | 27.88 |
| HDFC Large and Mid Cap Dir | 4 star | 30.16 | 28.95 | 21.11 | 0.95 | 13,428 | 13.84 | 1.00 (365) | 10Y 11M | 6.25 |
Portfolio Analysis of Axis Growth Opportunities Fund
| No. of Stocks | 86 |
| Top 10 Stocks | 37.51% |
| Top 5 Stocks | 23.50% |
| Top 3 Sectors | 44.29% |
| Portfolio P/B Ratio | 6.57 |
| Portfolio P/E Ratio | 39.00 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,37,573 | 98,458 |
| Giant (%) | 39.36 | 35.80 |
| Large (%) | 25.03 | 26.41 |
| Mid (%) | 33.75 | 35.94 |
| Small (%) | 1.86 | 4.28 |
| Tiny (%) | — | 0.04 |
How to Invest in Axis Growth Opportunities Fund?
Chanakya’s Mutual Fund Guidance For Axis Growth Opportunities Fund
Do not invest in this, or any other large & mid-cap fund, if you need to redeem your investment in less than five years.
Apply Online: https://www.axismf.com/mutual-funds
>> Post your MF questions @ sahifund.com/ask-me/
>> NFO Guidance:
https://sahifund.com/category/nfos/
>> Chanakya’s Mutual Fund Guidance on YouTube
https://www.youtube.com/c/ChanakyaNiPothi
>> Join Chanakya MF’s Telegram Channel @
https://t.me/chanakyaMFGuidance
Quicklinks