Axis Equity Advantage Fund - Series 1 Direct Plan Growth

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  • Net Change on 17-05-2019

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  • Assets (Cr.)

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Fund Overview Growth | Direct Plan

  • Fund House

  • Launch Date

  • Benchmark

  • Minimum Investment (₹)

  • Minimum Addl Investment (₹)

  • Exit Load (%)

  • Minimum SIP Investment (₹)

  • Minimum STP Investment (₹)

  • Minimum SWP Investment (₹)

  • 52 Week Low Nav (₹)

  • 52 Week Low Nav Date

  • 52 Week High Nav (₹)

  • 52 Week High Nav Date

Fund Objective

To generate over capital appreciation medium to long-term from a diversified portfolio of predominantly equity & equity related instruments. It also aims to manage risk through use of active hedging techniques. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.

Fund Performance

Scheme Name 1-Month Return (%) 3-Month Return (%) 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Since Inception
Crisil Composite Bond Fund Index N/A N/A N/A N/A N/A N/A
NIFTY 50 -4.50 4.97 4.80 12.72 9.34 13.65

Returns upto 1 year is Absolute, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name Launch Date 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Expense Ratio (%) Assets (Cr.)
Aditya Birla Sun Life Arbitrage Fund - Growth - Direct Plan Jul 24, 2009 6.38 6.11 6.54 0.95 2,918.98
HDFC Arbitrage Fund -Direct Plan - Growth Option Oct 23, 2007 6.04 5.92 6.48 0.75 3,390.77
Invesco India Arbitrage Fund - Direct Plan - Growth Option Apr 30, 2007 5.91 5.96 6.60 1.00 229.02
SBI Arbitrage Opportunities Fund - Direct Plan - Gr Nov 03, 2006 6.29 6.07 6.63 0.97 2,564.73
UTI Arbitrage Fund - Direct Plan - Growth Option Jun 29, 2006 6.51 6.20 6.64 0.83 1,683.86

Fund Holdings as on 30-April-2019

  • Clearing Corporation of India Ltd

  • Bajaj Finserv Limited

  • Tata Consultancy Services Limited

  • HDFC Bank Limited

  • Infosys Limited

  • Bajaj Finance Limited

  • Avenue Supermarts Limited

  • Pidilite Industries Limited

  • Kotak Mahindra Bank Limited

  • Gruh Finance Limited

  • Maruti Suzuki India Limited

  • Supreme Industries Limited

  • Endurance Technologies Limited

  • Asian Paints Limited

  • Indiabulls Housing Finance Limited (29/05/2019) ** #

  • Titan Company Limited

  • ICICI Bank Limited

  • Info Edge (India) Limited

  • Divi's Laboratories Limited

  • Housing Development Finance Corporation Limited

  • Bandhan Bank Limited

  • City Union Bank Limited

  • Hindustan Unilever Limited

  • 7.1% HDFC Bank Limited (06/08/2019)

  • Nifty 50 Index 9000 Put June 2020 Option

  • Nifty 50 Index 10000 Put June 2020 Option

  • Nifty 50 Index 9900 Put June 2020 Option

  • Net Receivables / (Payables)

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  • Miscellaneous

  • Bank - Private

  • IT - Software

  • Finance - Investment

  • Finance - Housing

  • Finance - NBFC

  • Retailing

  • Chemicals

  • Automobiles - Passenger Cars

  • Plastic Products

  • Auto Ancillary

  • Paints

  • Diamond & Jewellery

  • BPO/ITeS

  • Pharmaceuticals & Drugs

  • Household & Personal Products

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About Axis Equity Advantage Fund - Series 1

Scheme Analysis

Axis Equity Advantage Fund - Series 1 is a Hybrid - Arbitrage Fund fund and belongs to Axis Mutual Fund. It was launched on 25-May-2017 and currently has an AUM of ₹988.60 crore. Axis Equity Advantage Fund - Series 1 is benchmarked against Crisil Composite Bond Fund Index as primary index and NIFTY 50 as secondary index.

The NAV of Axis Equity Advantage Fund - Series 1 ended up ₹0.1(0.85%)yesterday to ₹11.8.

Among its top 3 holdings the fund has exposure to Clearing Corporation of India Ltd, Bajaj Finserv Limited and Tata Consultancy Services Limited

The Axis Equity Advantage Fund - Series 1 is managed by Ashwin Patni and Shreyash Devalkar.

Fund House Contact

Axis House, 1st Floor, C-2, Wadia International Centre, Pandurang Budhkar Marg, Worli, Mumbai - 400 025

022-43255161
022-43255199
www.axismf.com

Fund Manager

  • Education:PGDM-IIM, B.E
  • Experience:6 Years
  • Basic Details:Mr. Patil has Six years of experience in Wealth Management,Structured Finance, Credit and Markets Group and Business Consulting.
  • Funds Managed:
  • Axis Arbitrage Fund
  • Axis Dynamic Equity Fund
  • Education:Engineer from UDCT and PGDM from the JBIMS, Mumbai
  • Experience:5 Years
  • Basic Details:Mr. Devalkar has an experience of more than 5 years in equities markets as an Equity Research Analyst and he specializes in Information Technology, Telecommunication services, Industrials and Utilities sectors. He began his career in equity analysis space in 2005 as an Equity Research Analyst with IDFC Capital. Thereafter, he worked with IDFC Asset Management. His earlier stints include about two years of experience in Credit Analysis with JP Morgan Services India and Calyon bank.
  • Funds Managed:
  • Axis Bluechip Fund
  • Axis Midcap Fund
  • Axis Multicap Fund
  • Cash

  • CRISIL A1+

  • Deposits

  • Derivatives

  • Equity

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