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Showing Funds Performance since Sep 07, 2020

Fund Overview

Min. investment

SIP ₹0 & Lump. ₹5000

AUM (Fund size)

₹122 Cr

Lock In Period

N/A

Expense Ratio

1.33

Benchmark

Nifty 50

Exit Load

Nil

Summary

Latest details for Axis Equity Advantage Fund - Series 2 Growth include a ₹14.7957 NAV as of Feb 02,2021 and returns since inception of 46.35%. Minimum investments start at SIP ₹0. The Axis Equity Advantage Fund - Series 2 Growth AUM is ₹122 Cr, with a lock-in of N/A years, expense ratio of 1.33%, and benchmark Nifty 50. Exit load is - Nil. In the growth review for 1M Month/Year, the fund recorded 2.11% returns, against a category average of -0.66% and a category best of 13.98%.

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Growth Review

DurationFund Return(%)Category Average(%)Category Best(%)
1M2.11-0.6613.98
6M23.091.1064.49
1Y18.274.11137.57
3Y13.5311.90202.94

Portfolio Analysis

  • Equity: 69.86%
  • Debt: 30.14%
  • Others
As on: 2021-01-31
View allocation % by

1. Housing Development Finance Corporation Limited7.67%
2. ICICI Bank Limited5.32%
3. Kotak Mahindra Bank Limited4.75%
4. HDFC Bank Limited3.89%
5. Bajaj Finance Limited3.10%
6. Can Fin Homes Limited0.94%
7. HDFC Life Insurance Company Limited0.67%

1. Infosys Limited7.41%
2. Tata Consultancy Services Limited4.58%
3. Tata Elxsi Limited2.20%

1. Avenue Supermarts Limited5.86%

1. Hindustan Unilever Limited3.39%
2. Dabur India Limited0.84%

1. Reliance Industries Limited4.07%
2. Reliance Industries Limited - Partly Paid Shares0.08%

1. Divi's Laboratories Limited2.04%
2. Sequent Scientific Limited0.62%

1. Brigade Enterprises Limited1.28%
2. The Phoenix Mills Limited0.96%

1. Bharti Airtel Limited2.13%

1. Pidilite Industries Limited1.92%

1. Titan Company Limited1.86%

1. Maruti Suzuki India Limited1.42%

1. Narayana Hrudayalaya Limited1.09%

About Fund

Axis Equity Advantage Fund - Series 2 Growth managed by Axis Mutual Fund,is a Equity - Diversifiedscheme with Assets Under Management of ₹122 Crore. The fund benchmarks its performance against the Nifty 50 while maintaining an expense ratio of 1.33. Under the expert guidance of Shreyash Devalkar ,the fund implements a disciplined investment approach aligned with its mandate. The scheme requires a minimum investment of ₹500 for SIP and ₹1,000 for lump sum investments, making it accessible to diverse investor profiles.

Fund Managers

Shreyash Devalkar

Mr. Shreyash is an engineer from UDCT, Mumbai with a post graduate degree in management from the JBIMS, Mumbai University. He brings 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.

Peer Comparison

Fund NameRatingsAUMExpense Ratio
This FundITI Large Cap Fund Growth1444.35 CR2.36
This FundAxis Equity Advantage Fund - Series 2 Growth0122.1 CR1.33
This FundSundaram Emerging Small Cap - Series III Growth0299.68 CR1.35
Fund Name1Y3Y
This FundITI Large Cap Fund Growth1.324745.6934
This FundAxis Equity Advantage Fund - Series 2 Growth18.27146.3472
This FundSundaram Emerging Small Cap - Series III Growth15.667197.535

FAQs

Axis Equity Advantage Fund - Series 2 Growth's fund is managed by experienced SEBI-registered investment fund manager , who implements the fund's strategy through research-backed decisions while adhering to its stated objectives.

The expense ratio of Axis Equity Advantage Fund - Series 2 Growth is 1.33. This expense ratio is calculated by dividing the fund's operating expenses by its net assets.

Axis Equity Advantage Fund - Series 2 Growth’s fund performance is as follows:
  • 1 Month : 2.11%
  • 6 Months : 23.09%
  • 1 Year : 18.27%
  • 3 Years : 13.53%
Returns of Axis Equity Advantage Fund - Series 2 Growth are updated daily based on NAV of ₹ 14.7957 as on Feb 02,2021. Since inception, the return has been 46.35%.

You can invest in Axis Equity Advantage Fund - Series 2 Growth through SIP with a minimum of ₹500 monthly or make a lump sum investment of a minimum ₹1,000. Additional purchase minimums vary by scheme.

The fund size (AUM) of Axis Equity Advantage Fund - Series 2 Growth is ₹122 crore. It changes based on market performance, inflows, and outflows.

You can track your investment in Axis Equity Advantage Fund - Series 2 Growth through our website, our Choice FinX mobile app, regular statements, and email updates. Our customer support team is available for queries.
Min Inv Amount: ₹500