Axis Equity Advantage Fund - Series 1 - Growth - Direct Plan

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  • Net Change on 23-10-2020

  • PersonalFN Rating

  • Assets (Cr.)

  • Expense Ratio

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 7.17 6.37 2.81 5.41 7.53 13.18

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

Peer Fund Comparison

Scheme Name Launch Date Ratings 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Expense Ratio (%) Assets (Cr.)
Kotak Equity Arbitrage Fund - Growth - Direct Jan 01, 2013 5.15 6.25 6.45 0.47 15,110.70
ICICI Prudential Equity Arbitrage Fund - Direct Plan - Growth Jan 07, 2013 5.09 6.23 6.49 0.35 9,277.25
Nippon India Arbitrage Fund - Direct Plan Growth Plan - Growth Option Jan 01, 2013 5.28 6.58 6.63 0.46 7,167.51
IDFC Arbitrage Fund-Direct Plan- Growth Jan 01, 2013 4.87 6.32 6.42 0.35 7,164.03
HDFC Arbitrage Fund -Direct Plan - Growth Option Dec 31, 2012 4.57 5.76 6.12 0.25 5,298.37

Fund Holdings as on 30-September-2020

  • Clearing Corporation of India Ltd

  • Infosys Limited

  • ICICI Bank Limited

  • Housing Development Finance Corporation Limited

  • Tata Consultancy Services Limited

  • LIC Housing Finance Limited (10/03/2021) **

  • Avenue Supermarts Limited

  • Reliance Industries Limited

  • Bajaj Finserv Limited

  • Hindustan Unilever Limited

  • Supreme Industries Limited

  • Asian Paints Limited

  • Pidilite Industries Limited

  • HDFC Bank Limited

  • Bharti Airtel Limited

  • Titan Company Limited

  • Divi's Laboratories Limited

  • 8.35 Bharti Airtel Limited (20/04/2021) **

  • Endurance Technologies Limited

  • Maruti Suzuki India Limited

  • Reliable Devices Trust (21/12/2020) **

  • HDFC Life Insurance Company Limited

  • Kotak Mahindra Bank Limited

  • RENT-A-DEVICE TRUST (28/06/2021) **

  • City Union Bank Limited

  • 10.25 Sikka Ports and Terminals Limited (22/08/2021) **

  • Net Receivables / (Payables)

  • 8.75 Muthoot Finance Limited (19/06/2021) **

  • Reliance Industries Limited

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  • Miscellaneous

  • IT - Software

  • Bank - Private

  • Finance - Housing

  • Retailing

  • Refineries

  • Finance - Investment

  • Household & Personal Products

  • Plastic Products

  • Paints

  • Chemicals

  • Telecommunication - Service Provider

  • Diamond & Jewellery

  • Pharmaceuticals & Drugs

  • Auto Ancillary

  • Automobiles - Passenger Cars

  • Insurance

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Fund Manager

  • 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+

  • CRISIL AA

  • CRISIL AAA

  • Equity

  • ICRA AAA(SO)

  • Rights

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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 ₹1,046.98 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 ₹0.04(0.3%)yesterday to ₹13.42.

Among its top 3 holdings the fund has exposure to Clearing Corporation of India Ltd, and

The Axis Equity Advantage Fund - Series 1 is managed by Shreyash Devalkar and Aditya Pagaria.

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