July 1, 2025
mayank
Axis Services Opportunities Fund details, Fund Portfolio, Fund Returns, Peer Comparison, Mutual Fund Guidance @sahifund.com
Table of Contents:
- NFO Open date, Close date
- NFO Investment Strategy
- NFO Basic Details
- NFO Benchmark Index
- Performance Review of Fund Manager
- Should You Invest in this NFO?
- Invest Online
What is the Axis Services Opportunities Fund Open Date, Close Date?
NFO opens on July 04, 2025
NFO will close on July 18, 2025
Investment Strategy for this NFO?
The scheme seeks to provide long term capital appreciation from an actively managed portfolio of equity and equity related securities of companies belonging to the services industry.
Basic Details
| Fund House | Axis Mutual Fund |
| Issue Open | 04 July 2025 |
| Issue Close | 18 July 2025 |
| Type | Open-ended |
| Category | Equity: Thematic |
| Min. Investment(Rs) | 100 |
| Plans | Growth, IDCW |
| Lock-in Period | NA |
| Exit Load | For units in excess of 10% of the investment, 1% will be charged for redemption within 12 months |
| Riskometer | Very High |
| Benchmark | NIFTY Services Sector TRI |
About Benchmark Index for this NFO?
The Nifty Services Sector Index is designed to reflect the behaviour and performance of services sector companies which includes Computers Software, IT Education & Training, Banks, Telecommunication services, Financial Institutions, Power, Media, Courier, Shipping etc. The Index comprises of 30 companies listed on National Stock Exchange of India.
Nifty Services Sector Index is computed using free float market capitalization method, wherein the level of the index reflects the total free float market value of all the stocks in the index relative to particular base market capitalization value.
Nifty Services Sector Index can be used for a variety of purposes such as benchmarking fund portfolios, launching of index funds, ETFs and structured products.
Index Variant: Nifty Services Sector Total Returns Index.
Portfolio Characteristics
| Methodology | Periodic Capped Free Float |
| No. of Constituents | 30 |
| Launch Date | |
| Base Date | June 01, 1999 |
| Base Value | 1000 |
| Calculation Frequency | Real-Time |
| Index Rebalancing | Semi-Annually |
Fund Managers of Axis Services Opportunities Fund
1) Sachin Relekar
Education: Mr. Relekar is an MMS(Finance) from Jamnalal Bajaj Institute of Management Studies Mumbai and B.E (Mechanical) from K.E.S. College of Engineering Islampur.
Experience: Prior to joining Axis Mutual Fund, he has worked with Bandhan Mutual Fund (formerly IDFC Mutual Fund), LIC Mutual Fund, Tata AMC, CD Equity Search, Innovision Consulting and Tech Pacific India.
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.
AMC
Axis Asset Management Company Ltd.
Address: 23rd Floor, One Lodha Place, S. B. Road, Lower Parel. Mumbai – 400013
Website: http://www.axismf.com
Registrar & Transfer Agent
KFin Technologies Ltd.
Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad – 500016
Website: https://mfs.kfintech.com/mfs/
Review for Axis Services Opportunities Fund @ sahifund.com by Paresh Gordhandas, C.A., Research Analyst
[ A ] Benchmark Performance of NIFTY Services Sector TRI
Performance
| Index Returns (%) # |
QTD | YTD | 1 Year | 5 Years | Since Inception |
| Price Return | 4.71 | 3.86 | 15.80 | 21.02 | 14.34 |
| Total Return | 4.97 | 4.33 | 16.91 | 22.40 | 15.97 |
| Statistics ## | 1 Year | 5 Years | Since Inception |
| Std. Deviation * | 16.33 | 16.30 | 26.43 |
| Beta (NIFTY 50) | 1.01 | 1.06 | 1.09 |
| Correlation (NIFTY 50) | 0.97 | 0.96 | 0.91 |
Fundamentals
| P/E | P/B | Dividend Yield |
| 20.98 | 3.76 | 1.13 |
Top constituents by weightage
| Company’s Name | Weight(%) |
| HDFC Bank Ltd. | 20.94 |
| ICICI Bank Ltd. | 14.44 |
| Infosys Ltd. | 7.96 |
| Bharti Airtel Ltd. | 7.05 |
| Tata Consultancy Services Ltd. | 5.01 |
| Axis Bank Ltd. | 4.82 |
| State Bank of India | 4.42 |
| Kotak Mahindra Bank Ltd. | 4.32 |
| Bajaj Finance Ltd. | 3.40 |
| HCL Technologies Ltd. | 2.46 |
Note on Benchmark Performance:
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[ B ] Performance Review of the Fund Managers of this NFO
Past Performance of Sachin Relekar
| Fund | Axis Focused Fund | It’s Benchmark | Axis Flexi Cap Fund | It’s Benchmark |
| 1 Year | 9.00 | 5.09 | 8.81 | 5.09 |
| 3 Year | 16.66 | 21.67 | 20.66 | 21.67 |
| 5 Year | 17.03 | 24.02 | 20.28 | 24.02 |
| 7 Year | 12.05 | 15.73 | 15.47 | 15.73 |
| 10 Year | 13.27 | 14.43 | — | — |
As on 01-07-2025
Past Performance of Shreyash Devalkar
| Fund | Axis Large Cap Fund | It’s Benchmark | Axis Multicap Fund | It’s Benchmark |
| 1 Year | 6.41 | 6.65 | 9.89 | 4.90 |
| 3 Year | 17.48 | 20.22 | 29.38 | 25.55 |
| 5 Year | 17.70 | 22.41 | — | — |
| 7 Year | 13.66 | 15.04 | — | — |
| 10 Year | 13.53 | 13.69 | — | — |
As on 01-07-2025
Note on Fund Managers’ performance
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[ C ] Our NFO Review
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Disclaimer: Mutual fund investments are subject to market risks. Read all scheme related documents carefully
Is it good to invest in Axis Services Opportunities Fund NFO?
>> Post your MF questions @ sahifund.com/ask-me/
>> NFO Guidance:
https://sahifund.com/category/nfos/
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