Axis Equity ETFs FoF Direct Growth
HybridFund of FundsVery High Risk
Direct
NAV (25-Jul-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹21 Cr
Expense Ratio
0.11%
ISIN
INF846K011G9
Minimum SIP
₹1,000
Exit Load
1.00%
Inception Date
25 Feb 2022
About this fund
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹16.03, Assets Under Management (AUM) of 21.47 Crores, and an expense ratio of 0.11%.
- Axis Equity ETFs FoF Direct Growth has given a CAGR return of 21.60% since inception.
- The fund's asset allocation comprises around 93.70% in equities, 0.00% in debts, and 6.30% in cash & cash equivalents.
- You can start investing in Axis Equity ETFs FoF Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+36.62%
— (Cat Avg.)
Since Inception
+21.60%
— (Cat Avg.)
Portfolio Summaryas of 30th June 2024
| Equity | ₹20.12 Cr | 93.70% |
| Others | ₹1.35 Cr | 6.30% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| SBI Nifty Next 50 ETF | Mutual Fund - ETF | ₹4.74 Cr | 22.08% |
| Nippon India ETF Nifty Midcap 150 | Mutual Fund - ETF | ₹3.86 Cr | 17.98% |
| Axis NIFTY Bank ETF | Mutual Fund - ETF | ₹3.53 Cr | 16.46% |
| Axis NIFTY India Consumption ETF | Mutual Fund - ETF | ₹3.02 Cr | 14.05% |
| Axis NIFTY 50 ETF | Mutual Fund - ETF | ₹2.66 Cr | 12.38% |
| Axis NIFTY IT ETF | Mutual Fund - ETF | ₹1.34 Cr | 6.23% |
| Clearing Corporation Of India Ltd | Cash - Repurchase Agreement | ₹1.21 Cr | 5.63% |
| Axis NIFTY Healthcare ETF | Mutual Fund - ETF | ₹0.82 Cr | 3.80% |
| CPSE ETF | Mutual Fund - ETF | ₹0.22 Cr | 1.00% |
| Net Receivables / (Payables) | Cash | ₹0.08 Cr | 0.39% |
Allocation By Market Cap (Equity)
Large Cap Stocks
69.09%
Mid Cap Stocks
23.45%
Small Cap Stocks
1.18%
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Mutual Fund - ETF | ₹20.18 Cr | 93.99% |
| Cash - Repurchase Agreement | ₹1.21 Cr | 5.63% |
| Cash | ₹0.08 Cr | 0.39% |
Risk & Performance Ratios
Standard Deviation
This fund
--
Cat. avg.
--
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
--
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
--
Higher the better
Fund Managers
Shreyash Devalkar
Since February 2022
Karthik Kumar
Since August 2023
Additional Scheme Detailsas of 30th June 2024
ISIN | INF846K011G9 | Expense Ratio | 0.11% | Exit Load | 1.00% | Fund Size | ₹21 Cr | Age | 25 Feb 2022 | Lumpsum Minimum | ₹5,000 | Fund Status | Open Ended Investment Company | Benchmark | Nifty 500 TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Withdrawal within 1 year
Flat 15% tax on realised gains (STCG - short term capital gains)
Withdrawal after 1 year
10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)
Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Fund of Funds Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Quantum Nifty 50 ETF Fund of Fund Direct Growth Very High Risk | 0.1% | 0.0% | ₹20.04 Cr | 25.1% |
| Quantum Nifty 50 ETF Fund of Fund Regular Growth Very High Risk | 0.2% | 0.0% | ₹20.04 Cr | 24.9% |
| Aditya Birla Sun Life Multi- Index Fund of Funds Direct Growth Very High Risk | 0.3% | 0.0% | ₹15.19 Cr | 37.2% |
| Aditya Birla Sun Life Multi- Index Fund of Funds Regular Growth Very High Risk | 0.7% | 0.0% | ₹15.19 Cr | 36.8% |
| Axis Equity ETFs FoF Regular Growth Very High Risk | 0.3% | 1.0% | ₹21.47 Cr | 36.4% |
| Axis Equity ETFs FoF Direct Growth Very High Risk | 0.1% | 1.0% | ₹21.47 Cr | 36.6% |
| ICICI Prudential Nifty 100 Low Volatility 30 ETF FOF Regular Growth Very High Risk | 1.0% | 0.0% | ₹1155.03 Cr | 33.7% |
| ICICI Prudential Nifty 100 Low Volatility 30 ETF FOF Direct Growth Very High Risk | 0.6% | 0.0% | ₹1155.03 Cr | 34.1% |
| Quantum Multi Asset Fund of Funds Direct Growth Moderate Risk | 0.1% | 1.0% | ₹56.76 Cr | 17.3% |
| ICICI Prudential Asset Allocator Fund (FOF) Regular Growth High Risk | 1.7% | 1.0% | ₹22088.66 Cr | 20.9% |
About the AMC
Total AUM
₹2,86,505 Cr
Address
Axis House, 1st Floor, C-2, Wadia International Centre, Mumbai, 400 025
Other Funds by Axis Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
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What is the current NAV of Axis Equity ETFs FoF Direct Growth?
What is the portfolio composition of Axis Equity ETFs FoF Direct Growth?
Who manages the Axis Equity ETFs FoF Direct Growth?
- Shreyash Devalkar
- Karthik Kumar
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
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