Axis Equity Advantage Fund - Series 2 - Growth - Direct Plan

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  • 0.81 %Nav, as on 02-02-2021

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  • Net Change on 02-02-2021

  • 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 capital appreciation over 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 2.04 11.87 24.41 11.13 15.61 13.75

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 4.47 5.93 6.30 0.47 15,527.66
ICICI Prudential Equity Arbitrage Fund - Direct Plan - Growth Jan 07, 2013 4.26 5.88 6.28 0.35 9,999.38
Nippon India Arbitrage Fund - Direct Plan Growth Plan - Growth Option Jan 01, 2013 4.52 6.11 6.48 0.46 9,514.74
IDFC Arbitrage Fund-Direct Plan- Growth Jan 01, 2013 4.05 5.93 6.25 0.35 6,877.38
HDFC Arbitrage Fund -Direct Plan - Growth Option Dec 31, 2012 3.71 5.50 5.93 0.25 5,212.82

Fund Holdings as on 31-January-2021

  • Clearing Corporation of India Ltd

  • Housing Development Finance Corporation Limited

  • Infosys Limited

  • Avenue Supermarts Limited

  • ICICI Bank Limited

  • Kotak Mahindra Bank Limited

  • Tata Consultancy Services Limited

  • Reliance Industries Limited

  • HDFC Bank Limited

  • Hindustan Unilever Limited

  • Bajaj Finance Limited

  • Tata Elxsi Limited

  • Bharti Airtel Limited

  • Divi's Laboratories Limited

  • Pidilite Industries Limited

  • Titan Company Limited

  • Maruti Suzuki India Limited

  • Brigade Enterprises Limited

  • Narayana Hrudayalaya Limited

  • Jindal Steel & Power Limited

  • The Phoenix Mills Limited

  • Can Fin Homes Limited

  • Dabur India Limited

  • Orient Electric Limited

  • HDFC Life Insurance Company Limited

  • Sequent Scientific Limited

  • Net Receivables / (Payables)

  • 4.10% Axis Bank Limited (01/02/2021)

  • Reliance Industries Limited - Partly Paid Shares

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  • Miscellaneous

  • IT - Software

  • Bank - Private

  • Finance - Housing

  • Retailing

  • Household & Personal Products

  • Refineries

  • Finance - NBFC

  • Pharmaceuticals & Drugs

  • Construction - Real Estate

  • Telecommunication - Service Provider

  • Chemicals

  • Diamond & Jewellery

  • Automobiles - Passenger Cars

  • Hospital & Healthcare Services

  • Steel/Sponge Iron/Pig Iron

  • Consumer Durables - Domestic Appliances

  • 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 Flexi Cap Fund
  • Axis Midcap Fund

  • Cash

  • Deposits

  • Equity

  • Rights

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About Axis Equity Advantage Fund - Series 2

Scheme Analysis

Axis Equity Advantage Fund - Series 2 is a Hybrid - Arbitrage Fund fund and belongs to Axis Mutual Fund. It was launched on 03-Aug-2017 and currently has an AUM of ₹122.10 crore. Axis Equity Advantage Fund - Series 2 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 2 ended up ₹0.12(0.81%)yesterday to ₹15.4544.

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

The Axis Equity Advantage Fund - Series 2 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