December 18, 2023
mayank
Axis Quant Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
Current NAV:
NAV Growth: Rs 14.6000
NAV IDCW: Rs 14.6000
Suitable For Which Investors?
This is a fund that invests mainly in companies that adhere to the narrow investment mandate mentioned in its investment objective.
We believe that investors should avoid funds that have a narrowly defined investment focus such as this one. Instead, they should invest in flexi-cap funds which provide complete freedom to the fund management team to invest in companies from which it expects maximum gains.
But if you do invest, you must do so only through the SIP route.
Fund’s Investment Strategy:
The scheme seeks to generate long-term capital appreciation by investing primarily in equity and equity related instruments selected based on a quantitative model.
Fund Manager:
1) Ashish Naik
Education: Mr. Naik is a B.E from Mumbai University and MBA from XLRI, Jamshedpur.
Experience: Prior to joining Axis Mutual Fund he was associated with organizations such as Goldman Sachs and has over 7 years of experience as an Equity Analyst.
2) 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
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) | — |
| 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 Quant Fund
| Fund House | Axis Mutual Fund |
| Launch Date | 30-Jun-21 |
| Return Since Launch | 16.63% |
| Benchmark | S&P BSE 200 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 970 Cr |
| (As on 30-Nov-2023) | |
| Expense | 0.64% |
| (As on 30-Nov-2023) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | 139.00% |
Axis Quant Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Axis Quant Dir | 30.82 | 0.69 | 8.47 | 10.27 | 17.65 | 27.96 | — | — | — | — |
| S&P BSE 500 TRI | 24.67 | 0.89 | 9.37 | 8.32 | 19.51 | 22.08 | — | — | — | — |
Peer Comparison of Axis Quant 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 Quant Dir | Unrated | 27.96 | — | — | 0.64 | 970 | 16.63 | 1.00 (365) | 2Y 5M | 139.00 |
| ICICI Pru Ind Opp Dir | Unrated | 33.23 | 34.91 | — | 0.66 | 13,803 | 24.23 | 1.00 (365) | 4Y 11M | 60.00 |
| ICICI Pru Business Cycle Dir | Unrated | 29.96 | — | — | 0.81 | 7,095 | 24.71 | 1.00 (30) | 2Y 11M | 40.00 |
| ICICI Pru Innovation Dir | Unrated | — | — | — | 0.79 | 3,266 | 32.80 | 1.00 (365) | 7M | 64.00 |
| Sundaram Srvices Dir | Unrated | 26.28 | 26.74 | 23.29 | 0.81 | 3,040 | 22.82 | 1.00 (365) | 5Y 2M | 38.00 |
Portfolio Analysis of Axis Quant Fund
| No. of Stocks | 51 |
| Top 10 Stocks | 44.47% |
| Top 5 Stocks | 29.03% |
| Top 3 Sectors | 50.70% |
| Portfolio P/B Ratio | 3.42 |
| Portfolio P/E Ratio | 18.46 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,38,202 | 1,16,211 |
| Giant (%) | 52.25 | 44.83 |
| Large (%) | 25.82 | 25.26 |
| Mid (%) | 19.45 | 26.02 |
| Small (%) | 2.48 | 12.48 |
| Tiny (%) | — | 1.26 |
How to Invest in Axis Quant Fund?
Chanakya’s Mutual Fund Guidance For Axis Quant Fund
Do not invest in this, or any other thematic 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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