February 7, 2024
mayank
Axis S&P BSE Sensex Index Fund details, Fund Portfolio, Fund Returns, Peer Comparison, Mutual Fund Guidance @chanakyamfguidance
Table of Contents:
- NFO Open date, Close date
- NFO Investment Strategy
- NFO Basic Details
- NFO Benchmark Index
- Past Performance of NFO Benchmark Index
- Performance Review of Fund Manager
- Should You Invest in this NFO?
- Invest Online
What is the Axis S&P BSE Sensex Index Fund Open Date, Close Date?
NFO opens on February 08, 2024
NFO will close on February 22, 2024
What is the Investment Strategy?
The scheme seeks to provide returns before expenses that corresponds to the total returns of the S&P BSE Sensex TRI subject to tracking errors.
Basic Details
| Fund House | Axis Mutual Fund |
| Issue Open | 08 February 2024 |
| Issue Close | 22 February 2024 |
| Type | Open-ended |
| Category | Equity: Large Cap |
| Min. Investment(Rs) | 500 |
| Plans | Growth, IDCW |
| Lock-in Period | NA |
| Exit Load | 0 |
| Riskometer | Very High |
| Benchmark | S&P BSE Sensex TRI |
What is the Benchmark Index of Axis S&P BSE Sensex Index Fund?
The S&P BSE SENSEX is India’s most tracked bellwether index. It is designed to measure the performance of the 30 largest, most liquid and financially sound companies across key sectors of the Indian economy that are listed at BSE Ltd.
Index Attributes:
The index represents large-cap companies listed at BSE Ltd. and is calculated based on a float-adjusted market-cap-weighted methodology. Widely used as both a benchmark and an investable index, the S&P BSE SENSEX has a long history of more than 30 years and covers more than 40% of total market cap of the listed universe at BSE Ltd. The index generally attempts to maintain index sector weights that are broadly in line with the overall market.
Quick Facts
| WEIGHTING METHOD | Float-adjusted market cap weighted |
| REBALANCING FREQUENCY | Semiannually in June and December |
| CALCULATION FREQUENCY | Real time |
| CALCULATION CURRENCIES | INR, USD |
| LAUNCH DATE | January 1, 1986 |
| FIRST VALUE DATE | April 3, 1979 |
Performance
| INDEX LEVEL | RETURNS | ANNUALIZED RETURNS | ||||||
| 1 MO | 3 MOS | YTD | 1 YR | 3 YRS | 5 YRS | 10 YRS | ||
| TOTAL RETURNS | 109,947.7 | -0.65% | 12.46% | -0.65% | 22.1% | 17.15% | 16.01% | 14.8% |
| BENCHMARK* TOTAL RETURNS | 39,427.28 | 1.92% | 17.88% | 1.92% | 33.42% | 21.87% | 18.49% | 16.85% |
| PRICE RETURNS | 71,752.11 | -0.68% | 12.33% | -0.68% | 20.49% | 15.73% | 14.63% | 13.34% |
| BENCHMARK* PRICE RETURNS | 31,303.35 | 1.9% | 17.66% | 1.9% | 31.65% | 20.31% | 16.99% | 15.36% |
Calendar Year Performance
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
| TOTAL RETURNS | 20.33% | 5.8% | 23.23% | 17.16% | 15.66% | 7.23% | 29.56% | 3.47% | -3.68% | 31.87% |
| BENCHMARK* TOTAL RETURNS | 26.55% | 4.77% | 31.63% | 18.41% | 8.98% | -1.81% | 37.6% | 5.15% | 0.45% | 38.93% |
| PRICE RETURNS | 18.74% | 4.44% | 21.99% | 15.75% | 14.38% | 5.91% | 27.91% | 1.95% | -5.03% | 29.89% |
| BENCHMARK* PRICE RETURNS | 24.85% | 3.34% | 30.11% | 16.8% | 7.75% | -3.08% | 35.94% | 3.78% | -0.82% | 36.96% |
Risk
| ANNUALIZED RISK | ANNUALIZED RISK-ADJUSTED RETURNS | |||||
| 3 YRS | 5 YRS | 10 YRS | 3 YRS | 5 YRS | 10 YRS | |
| STD DEV | 13.17% | 18.72% | 16.3% | 1.3 | 0.85 | 0.91 |
| BENCHMARK* STD DEV | 13.68% | 19.21% | 16.88% | 1.6 | 0.96 | 1 |
Fundamentals
| P/E [TRAILING] | P/E [PROJECTED] | P/B | INDICATED DIV YIELD | P/SALES | P/CASH FLOW |
| 24.6 | 23.41 | 4.09 | 1.27% | 3.65 | -14.09 |
Index Characteristics
| NUMBER OF CONSTITUENTS | 30 |
| CONSTITUENT MARKET CAP [INR CRORE] | |
| MEAN TOTAL MARKET CAP | 473,673.84 |
| LARGEST TOTAL MARKET CAP | 1,930,384.1 |
| SMALLEST TOTAL MARKET CAP | 119,270.91 |
| MEDIAN TOTAL MARKET CAP | 328,636.71 |
| WEIGHT LARGEST CONSTITUENT [%] | 13.6 |
| WEIGHT TOP 10 CONSTITUENTS [%] | 66.8 |
Performance Review of the Fund Managers of Axis S&P BSE Sensex Index Fund?
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.
Past Performance of his Schemes
| Fund | Axis Nifty 50 ETF | It’s Benchmark | Axis Regular Saver Fund | It’s Benchmark |
| 1 Year | 24.80 | 28.08 | 9.32 | 14.65 |
| 3 Year | 14.97 | 16.33 | 6.36 | 8.98 |
| 5 Year | 15.87 | 16.66 | 7.05 | 9.67 |
| 7 Year | — | — | 6.85 | 9.14 |
| 10 Year | — | — | 8.11 | 9.65 |
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
Past Performance of his Schemes
| Fund | Axis Quant Fund | It’s Benchmark | Axis Nifty 100 Index Fund | It’s Benchmark |
| 1 Year | 39.28 | 35.01 | 26.57 | 28.08 |
| 3 Year | — | — | 14.18 | 16.33 |
| 5 Year | — | — | — | — |
| 7 Year | — | — | — | — |
| 10 Year | — | — | — | — |
Which Company Owns Axis S&P BSE Sensex Index Fund?
Axis Asset Management Company Ltd.
Address: “Axis House” – 1st Floor, C-2 – Wadia International Centre, Pandurang Budhkar Marg , Worli, Mumbai – 400025
Website: http://www.axismf.com
Registrar & Transfer Agent:
KFin Technologies Ltd.
Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad – 500016
Website: www.karvymfs.com
Is it good to invest in Axis S&P BSE Sensex Index NFO?
Guidance for Axis S&P BSE Sensex Index Fund by Paresh Gordhandas, C.A., Research Analyst.
The Axis S&P BSE Sensex Index Fund is based on BSE Sensex and the Fund Manager will be investing in the 30 companies that comprise the BSE Sensex. Index Funds are the most advocated way to invest by legendary investors like Warren Buffett for retail investors. Free from Fund Managers’ biases, this list gives you a truly automated equity portfolio of top companies. Investing in an Index Fund is advisable only if you are looking for a buy-&-hold over long term of 5 years or more.
As an investor, if you are happy with the returns offered by the market and do not want to take any extra risk for the possibility of earning higher returns, Index Funds are suitable for you. And since indices are really representative of the market, the returns are what is called market-level.
Can invest in the Axis S&P BSE Sensex Index Fund.
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Quicklinks
https://sahifund.com/aditya-birla-sun-life-sp-bse-sensex-etf/