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

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  • Net Change on 18-10-2019

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Fund Overview Growth | Regular 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 7.58 0.56 11.56 10.35 8.42 13.58

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 Sep 29, 2005 Unrated 6.28 6.20 6.62 0.94 15,972.44
ICICI Prudential Equity Arbitrage Fund - Growth Dec 30, 2006 Unrated 6.17 6.05 6.53 0.95 12,925.03
IDFC Arbitrage Fund-Regular Plan- Growth Dec 21, 2006 Unrated 6.42 6.12 6.47 1.10 10,163.42
Nippon India Arbitrage Fund - Growth Plan - Growth Option Oct 14, 2010 Unrated 6.43 6.31 6.80 1.06 9,441.45
HDFC ARBITRAGE FUND WHOLESALE PLAN GROWTH OPTION Oct 23, 2007 Unrated 6.10 5.81 6.37 0.75 5,268.14

Fund Holdings as on 30-September-2019

  • Clearing Corporation of India Ltd

  • Net Receivables / (Payables)

  • Bajaj Finance Limited

  • HDFC Bank Limited

  • Info Edge (India) Limited

  • Avenue Supermarts Limited

  • Infosys Limited

  • Kotak Mahindra Bank Limited

  • Pidilite Industries Limited

  • Tata Consultancy Services Limited

  • Asian Paints Limited

  • Housing Development Finance Corporation Limited

  • Gruh Finance Limited

  • Reliance Industries Limited

  • City Union Bank Limited

  • Hindustan Unilever Limited

  • Maruti Suzuki India Limited

  • Titan Company Limited

  • Divi's Laboratories Limited

  • ICICI Bank Limited

  • Nifty 50 Index 9900 Put June 2020 Option **

  • Bandhan Bank Limited

  • Mahindra & Mahindra Financial Services Limited

  • Nifty 50 Index 10000 Put June 2020 Option **

  • 7% HDFC Bank Limited (10/08/2020)

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  • Miscellaneous

  • Bank - Private

  • Finance - NBFC

  • IT - Software

  • BPO/ITeS

  • Retailing

  • Chemicals

  • Finance - Housing

  • Paints

  • Refineries

  • Household & Personal Products

  • Automobiles - Passenger Cars

  • Diamond & Jewellery

  • Pharmaceuticals & Drugs

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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 ₹103.45 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 ₹0.04(0.33%)yesterday to ₹12.12.

Among its top 3 holdings the fund has exposure to Clearing Corporation of India Ltd, Net Receivables / (Payables) and Bajaj Finance Limited

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

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

  • Deposits

  • Derivatives

  • Equity

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