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

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  • Net Change on 07-07-2020

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  • Assets (Cr.)

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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 6.48 22.83 -8.56 3.76 4.87 12.95

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 5.21 5.96 6.12 0.94 14,663.37
ICICI Prudential Equity Arbitrage Fund - Growth Dec 30, 2006 5.16 5.82 6.02 0.95 10,520.41
IDFC Arbitrage Fund-Regular Plan- Growth Dec 21, 2006 4.72 5.75 5.90 1.10 7,978.32
Nippon India Arbitrage Fund - Growth Plan - Growth Option Oct 14, 2010 5.23 6.08 6.13 1.06 7,943.58
HDFC ARBITRAGE FUND WHOLESALE PLAN GROWTH OPTION Oct 23, 2007 4.65 5.42 5.80 0.75 5,666.43

Fund Holdings as on 31-May-2020

  • Clearing Corporation of India Ltd

  • Avenue Supermarts Limited

  • HDFC Bank Limited

  • Info Edge (India) Limited

  • Infosys Limited

  • Kotak Mahindra Bank Limited

  • Tata Consultancy Services Limited

  • Hindustan Unilever Limited

  • Bajaj Finance Limited

  • ICICI Bank Limited

  • Bharti Airtel Limited

  • Reliance Industries Limited

  • Pidilite Industries Limited

  • Asian Paints Limited

  • Housing Development Finance Corporation Limited

  • Divi's Laboratories Limited

  • Nifty 50 Index 9900 Put June 2020 Option

  • Titan Company Limited

  • Maruti Suzuki India Limited

  • HDFC Life Insurance Company Limited

  • Rallis India Limited

  • Nifty 50 Index 10000 Put June 2020 Option

  • City Union Bank Limited

  • Tata Elxsi Limited

  • Orient Electric Limited

  • Brigade Enterprises Limited

  • 7% HDFC Bank Limited (10/08/2020)

  • Reliance Industries Limited

  • Net Receivables / (Payables)

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  • Miscellaneous

  • Bank - Private

  • IT - Software

  • Retailing

  • BPO/ITeS

  • Household & Personal Products

  • Finance - NBFC

  • Telecommunication - Service Provider

  • Refineries

  • Chemicals

  • Paints

  • Finance - Housing

  • Pharmaceuticals & Drugs

  • Diamond & Jewellery

  • Automobiles - Passenger Cars

  • Insurance

  • Pesticides & Agrochemicals

  • Construction - Real Estate

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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

  • Deposits

  • Derivatives

  • 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 ₹96.86 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 ₹0.1(0.85%)yesterday to ₹11.93.

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