April 24, 2026
RA Jainee
Axis Momentum Fund
| Fund at a Glance | |
| NAV Growth (Rs.) | 9.17 |
| NAV Bonus (Rs.) | — |
| NAV IDCW (Rs.) | 9.17 |
| Min. Investment (Rs.) | 100 |
| Min. SIP Investment (Rs.) | 500 |
| Min. No of Cheques | 6 |
| Benchmark | NIFTY 500 TRI |
| AUM Rs. | 924 Cr |
| (As on 31-Mar-2026) | |
| Expense | 0.86% |
| 1 Year Return (%) | 3.50 |
| 3 Year Return (%) | — |
| 5 Year Return (%) | — |
| 10 Year Return (%) | — |
| Return Since Launch | -6.17% |
⚖️ Sahifund Review – Axis Momentum Fund ✔
PLUS: Stability, track record, cost efficiency
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MINUS: Large AUM, large-cap bias, momentum lag
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Sahifund View (Decisive Line):
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👉 Apply Online | Ask Us MF Queries |
| NFO Guidance |
What lies ahead? Below we decode returns consistency, portfolio concentration, peer positioning and risk profile in detail.
Suitable For Which Investors?
Such thematic funds are avoidable for most investors because:
• They have a narrow investment focus
• Instead, diversified equity funds which invest across sectors/themes are better
If you still choose to invest:
1. Invest only through SIP
2. Have a 7+ year investment horizon
3. Be prepared to withstand interim sharp declines in investment value
Fund’s Investment Strategy:
The Scheme seeks to provide long-term capital growth from an actively managed diversified portfolio of equity & equity-related securities of companies that exhibit strong momentum. The selection of securities will be based on a quantitative model that will aim to maximize momentum exposure based on various parameter.
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) Nandik Mallik
Education: Mr. Mallik holds B.Tech degree and has also done PGDM (IIM Calcutta) and MS- Finance (London Business School).
Experience: Prior to joining the Axis MF, he was working with Avendus Capital Public Markets Alternate Strategies LLP, ICICI Prudential Asset Management Company Ltd, Edelweiss AMC, DC India Capital, Credit-Suisse (London), BNP Paribas (London), NM Rothschild (Mumbai) and Fair Isaac (Bangalore).
Investment Details
| Min. Investment (Rs) | 100 |
| Min. Addl Investment (Rs) | 100 |
| Min. SIP Investment (Rs) | 500 |
| Min. Withdrawal (Rs) | — |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | For units in excess of 10% of the investment, 1% will be charged for redemption within 12 months |
Basic Details of Axis Momentum Fund
| Fund House | Axis Mutual Fund |
| Launch Date | 12-Dec-24 |
| Return Since Launch | -6.17% |
| Benchmark | NIFTY 500 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | 924 Cr |
| (As on 31-Mar-2026) | |
| Expense | 0.86% |
| (As on 31-Mar-2026) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | 150.00% |
Axis Momentum Fund Returns
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Axis Momentum Dir | -3.47 | -0.65 | 13.07 | 2.57 | -2.55 | 3.50 | — | — | — | — |
| BSE 500 TRI | -3.71 | -0.23 | 7.76 | -0.11 | -3.15 | 4.81 | — | — | — | — |
Peer Comparison of Axis Momentum 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 Momentum Dir | Unrated | 3.50 | — | — | 0.86 | 924 | -6.17 | 1.00 (360) | 1Y 4M | 150.00 |
| ICICI Pru India Opportunities Dir | Unrated | 6.03 | 23.35 | 24.02 | 0.67 | 32,925 | 20.82 | 1.00 (365) | 7Y 3M | 61.00 |
| Franklin India Opportunities Dir | Unrated | 5.82 | 28.74 | 21.59 | 0.58 | 7,578 | 17.24 | 1.00 (365) | 13Y 3M | 57.81 |
| HDFC Defence Dir | Unrated | 29.08 | — | — | 0.83 | 7,305 | 41.91 | 1.00 (365) | 2Y 10M | 16.68 |
| Sundaram Services Dir | Unrated | 2.26 | 18.42 | 18.75 | 0.69 | 4,146 | 18.76 | 1.00 (365) | 7Y 7M | 26.90 |
Axis Momentum Fund Portfolio
| No. of Stocks | 41 |
| Top 10 Stocks | 45.80% |
| Top 5 Stocks | 26.52% |
| Top 3 Sectors | 62.08% |
| Portfolio P/B Ratio | 3.42 |
| Portfolio P/E Ratio | 22.13 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,14,175 | 1,27,961 |
| Giant (%) | — | — |
| Large (%) | 49.48 | 53.51 |
| Mid (%) | 36.99 | 29.35 |
| Small (%) | 13.53 | 19.84 |
| Tiny (%) | — | — |
Apply Online: https://www.axismf.com/Online/Login OR https://www.axismf.com/mutual-funds
Disclaimer: Mutual fund investments are subject to market risks. Read all scheme related documents carefully
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