Axis ESG Equity Fund Direct Growth
EquityEquity - ESGVery High Risk
Direct
NAV (10-Sep-24)
₹23.670.38%1D
Returns (Since Inception)
20.71%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹1,447 Cr
Expense Ratio
1.26%
ISIN
INF846K01W23
Minimum SIP
₹100
Exit Load
1.00%
Inception Date
12 Feb 2020
About this fund
Axis ESG Equity Fund Direct Growth is a Equity - ESG mutual fund schemes offered by Axis Mutual Fund. This fund has been in existence for 4 years, 7 months and 4 days, having been launched on 12-Feb-20.
As of 10-Sep-24, it has a Net Asset Value (NAV) of ₹23.67, Assets Under Management (AUM) of 1447.12 Crores, and an expense ratio of 1.26%.
As of 10-Sep-24, it has a Net Asset Value (NAV) of ₹23.67, Assets Under Management (AUM) of 1447.12 Crores, and an expense ratio of 1.26%.
- Axis ESG Equity Fund Direct Growth has given a CAGR return of 20.71% since inception.
- The fund's asset allocation comprises around 97.78% in equities, 0.00% in debts, and 2.22% in cash & cash equivalents.
- You can start investing in Axis ESG Equity Fund Direct Growth with a SIP of ₹100 or a Lumpsum investment of ₹100.
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
+36.03%
+33.83% (Cat Avg.)
3 Years
+11.66%
+14.96% (Cat Avg.)
Since Inception
+20.71%
— (Cat Avg.)
Portfolio Summaryas of 31st August 2024
| Equity | ₹1,414.96 Cr | 97.78% |
| Others | ₹32.15 Cr | 2.22% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Infosys Ltd | Equity | ₹82.61 Cr | 5.71% |
| ICICI Bank Ltd | Equity | ₹73.75 Cr | 5.10% |
| Trent Ltd | Equity | ₹67.99 Cr | 4.70% |
| HDFC Bank Ltd | Equity | ₹56.92 Cr | 3.93% |
| Bharti Airtel Ltd | Equity | ₹55.93 Cr | 3.87% |
| Torrent Power Ltd | Equity | ₹54.75 Cr | 3.78% |
| Mahindra & Mahindra Ltd | Equity | ₹43.56 Cr | 3.01% |
| Tata Consultancy Services Ltd | Equity | ₹43.49 Cr | 3.01% |
| InterGlobe Aviation Ltd | Equity | ₹39.04 Cr | 2.70% |
| ABB India Ltd | Equity | ₹35.26 Cr | 2.44% |
| Tata Motors Ltd | Equity | ₹33.47 Cr | 2.31% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹29.42 Cr | 2.03% |
| Zomato Ltd | Equity | ₹28.88 Cr | 2.00% |
| Tech Mahindra Ltd | Equity | ₹28.75 Cr | 1.99% |
| Larsen & Toubro Ltd | Equity | ₹27.78 Cr | 1.92% |
| Power Grid Corp Of India Ltd | Equity | ₹26.99 Cr | 1.87% |
| Wipro Ltd | Equity | ₹25.57 Cr | 1.77% |
| Colgate-Palmolive (India) Ltd | Equity | ₹24.65 Cr | 1.70% |
| Cipla Ltd | Equity | ₹23.17 Cr | 1.60% |
| Clearing Corporation Of India Ltd | Cash - Repurchase Agreement | ₹23.07 Cr | 1.59% |
| Bajaj Finance Ltd | Equity | ₹22.75 Cr | 1.57% |
| Hindustan Unilever Ltd | Equity | ₹20.84 Cr | 1.44% |
| TVS Motor Co Ltd | Equity | ₹19.3 Cr | 1.33% |
| State Bank of India | Equity | ₹18.76 Cr | 1.30% |
| SBI Life Insurance Co Ltd | Equity | ₹17.78 Cr | 1.23% |
| Dabur India Ltd | Equity | ₹17.52 Cr | 1.21% |
| Avenue Supermarts Ltd | Equity | ₹17.25 Cr | 1.19% |
| Varun Beverages Ltd | Equity | ₹16.78 Cr | 1.16% |
| Persistent Systems Ltd | Equity | ₹15.51 Cr | 1.07% |
| Tata Power Co Ltd | Equity | ₹15.21 Cr | 1.05% |
| Microsoft Corp | Equity | ₹14.38 Cr | 0.99% |
| Info Edge (India) Ltd | Equity | ₹13.26 Cr | 0.92% |
| Symphony Ltd | Equity | ₹13.01 Cr | 0.90% |
| Sona BLW Precision Forgings Ltd | Equity | ₹12.69 Cr | 0.88% |
| LTIMindtree Ltd | Equity | ₹12.62 Cr | 0.87% |
| UltraTech Cement Ltd | Equity | ₹12.25 Cr | 0.85% |
| Alphabet Inc Class A | Equity | ₹11.98 Cr | 0.83% |
| Go Fashion (India) Ltd | Equity | ₹11.86 Cr | 0.82% |
| Craftsman Automation Ltd | Equity | ₹11.51 Cr | 0.80% |
| ICICI Prudential Life Insurance Co Ltd | Equity | ₹11.07 Cr | 0.76% |
| Tata Consumer Products Ltd | Equity | ₹11.04 Cr | 0.76% |
| Eicher Motors Ltd | Equity | ₹10.91 Cr | 0.75% |
| Samvardhana Motherson International Ltd | Equity | ₹10.73 Cr | 0.74% |
| Titan Co Ltd | Equity | ₹10.7 Cr | 0.74% |
| Kotak Mahindra Bank Ltd | Equity | ₹10.51 Cr | 0.73% |
| Nestle India Ltd | Equity | ₹10 Cr | 0.69% |
| Unilever PLC | Equity | ₹9.28 Cr | 0.64% |
| Minda Corp Ltd | Equity | ₹9.19 Cr | 0.64% |
| Taiwan Semiconductor Manufacturing Co Ltd ADR | Equity | ₹9.07 Cr | 0.63% |
| eClerx Services Ltd | Equity | ₹8.5 Cr | 0.59% |
| Raia Drogasil SA ADR | Equity | ₹8.26 Cr | 0.57% |
| Thermo Fisher Scientific Inc | Equity | ₹7.63 Cr | 0.53% |
| Godrej Consumer Products Ltd | Equity | ₹7.41 Cr | 0.51% |
| Bunzl PLC | Equity | ₹7.38 Cr | 0.51% |
| Indian Bank | Equity | ₹7.29 Cr | 0.50% |
| SAP SE ADR | Equity | ₹7.24 Cr | 0.50% |
| Dr Reddy's Laboratories Ltd | Equity | ₹7.03 Cr | 0.49% |
| HDFC Life Insurance Co Ltd | Equity | ₹6.65 Cr | 0.46% |
| Booking Holdings Inc | Equity | ₹6.56 Cr | 0.45% |
| ASML Holding NV ADR | Equity | ₹6.54 Cr | 0.45% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹6.38 Cr | 0.44% |
| Mastercard Inc Class A | Equity | ₹6.21 Cr | 0.43% |
| REC Ltd | Equity | ₹6.2 Cr | 0.43% |
| Salesforce Inc | Equity | ₹6.16 Cr | 0.43% |
| RELX PLC | Equity | ₹6.09 Cr | 0.42% |
| DBS Group Holdings Ltd ADR | Equity | ₹5.71 Cr | 0.39% |
| Lowe's Companies Inc | Equity | ₹5.62 Cr | 0.39% |
| Emerson Electric Co | Equity | ₹5.27 Cr | 0.36% |
| Mankind Pharma Ltd | Equity | ₹5.21 Cr | 0.36% |
| Intuit Inc | Equity | ₹5.2 Cr | 0.36% |
| Jyothy Labs Ltd | Equity | ₹5.14 Cr | 0.35% |
| UnitedHealth Group Inc | Equity | ₹5.1 Cr | 0.35% |
| AstraZeneca PLC | Equity | ₹5.08 Cr | 0.35% |
| Zydus Lifesciences Ltd | Equity | ₹5.08 Cr | 0.35% |
| Visa Inc Class A | Equity | ₹5.01 Cr | 0.35% |
| Texas Instruments Inc | Equity | ₹4.98 Cr | 0.34% |
| J.B. Chemicals & Pharmaceuticals Ltd | Equity | ₹4.88 Cr | 0.34% |
| Apollo Hospitals Enterprise Ltd | Equity | ₹4.85 Cr | 0.34% |
| GSK PLC | Equity | ₹4.85 Cr | 0.34% |
| Adobe Inc | Equity | ₹4.77 Cr | 0.33% |
| Roche Holding AG ADR | Equity | ₹4.51 Cr | 0.31% |
| Greggs PLC | Equity | ₹4.34 Cr | 0.30% |
| Norsk Hydro ASA ADR | Equity | ₹4.25 Cr | 0.29% |
| Elevance Health Inc | Equity | ₹4.18 Cr | 0.29% |
| AIA Group Ltd | Equity | ₹3.13 Cr | 0.22% |
| Kingfisher PLC | Equity | ₹3.13 Cr | 0.22% |
| Spirax Group PLC | Equity | ₹2.7 Cr | 0.19% |
| Hitachi Ltd ADR | Equity | ₹2.15 Cr | 0.15% |
| Banco Bilbao Vizcaya Argentaria SA ADR | Equity | ₹2.08 Cr | 0.14% |
| CreditAccess Grameen Ltd Ordinary Shares | Equity | ₹2.04 Cr | 0.14% |
| Lululemon Athletica Inc | Equity | ₹1.94 Cr | 0.13% |
| ARM Holdings PLC ADR | Equity | ₹1.69 Cr | 0.12% |
| Net Receivables / (Payables) | Cash - Collateral | ₹-0.14 Cr | 0.01% |
| Rainbow Childrens Medicare Ltd | Equity | ₹0.05 Cr | 0.00% |
Allocation By Market Cap (Equity)
Large Cap Stocks
68.89%
Mid Cap Stocks
10.23%
Small Cap Stocks
4.58%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Consumer Cyclical | ₹305.39 Cr | 21.10% |
| Financial Services | ₹285.26 Cr | 19.71% |
| Technology | ₹277.08 Cr | 19.15% |
| Consumer Defensive | ₹147.26 Cr | 10.18% |
| Industrials | ₹118.29 Cr | 8.17% |
| Utilities | ₹96.95 Cr | 6.70% |
| Healthcare | ₹96.28 Cr | 6.65% |
| Communication Services | ₹81.17 Cr | 5.61% |
| Basic Materials | ₹16.5 Cr | 1.14% |
Risk & Performance Ratios
Standard Deviation
This fund
13.78%
Cat. avg.
13.38%
Lower the better
Sharpe Ratio
This fund
0.51
Cat. avg.
0.70
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.27
Higher the better
Fund Managers
Additional Scheme Detailsas of 31st August 2024
ISIN | INF846K01W23 | Expense Ratio | 1.26% | Exit Load | 1.00% | Fund Size | ₹1,447 Cr | Age | 12 Feb 2020 | Lumpsum Minimum | ₹100 | Fund Status | Open Ended Investment Company | Benchmark | Nifty 100 ESG 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
Capital Gains Taxation:
- If units are sold after 1 year from the date of investment: Gains up to INR 1.25 lakh in a financial year are exempt from tax. Any gains exceeding INR 1.25 lakh are taxed at a rate of 12.5%.
- If units are sold within 1 year from the date of investment: The entire amount of gain is taxed at a rate of 20%.
- Holding the units: No tax is applicable as long as you continue to hold the units.
Dividend Taxation:
Dividends are added to the investor’s income and taxed according to their respective tax slabs. Additionally, if an investors dividend income exceeds INR 5,000 in a financial year, the fund house deducts a 10% Tax Deducted at Source (TDS) before distributing the dividend.
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Equity - ESG Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Quant ESG Equity Fund Direct Growth Very High Risk | 0.8% | 1.0% | ₹333.92 Cr | 50.7% |
| Quant ESG Equity Fund Regular Growth Very High Risk | 2.4% | 1.0% | ₹333.92 Cr | 48.2% |
| Mirae Asset Nifty 100 ESG Sector Leaders ETF Very High Risk | 0.5% | - | ₹135.11 Cr | 31.3% |
| Quantum India ESG Equity Fund Direct Growth Very High Risk | 0.8% | 1.0% | ₹91.31 Cr | 34.5% |
| Quantum India ESG Equity Fund Regular Growth Very High Risk | 2.1% | 1.0% | ₹91.31 Cr | 32.8% |
| Invesco India ESG Equity Fund Direct Growth Very High Risk | 1.0% | 1.0% | ₹552.04 Cr | 39.5% |
| Invesco India ESG Equity Fund Regular Growth Very High Risk | 2.4% | 1.0% | ₹552.04 Cr | 37.6% |
| Aditya Birla Sun Life ESG Fund Direct Growth Very High Risk | 1.3% | 1.0% | ₹699.93 Cr | 34.7% |
| Aditya Birla Sun Life ESG Fund Regular Growth Very High Risk | 2.4% | 1.0% | ₹699.93 Cr | 33.1% |
| SBI Magnum Equity ESG Fund Direct Growth Very High Risk | 1.3% | 1.0% | ₹6046.23 Cr | 30.1% |
About the AMC
Total AUM
₹3,09,497 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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Still got questions?
We're here to help.
What is the current NAV of Axis ESG Equity Fund Direct Growth?
The NAV of Axis ESG Equity Fund Direct Growth, as of 10-Sep-2024, is ₹23.67.
What are the returns of Axis ESG Equity Fund Direct Growth?
The fund has generated 36.03% over the last 1 year and 11.66% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of Axis ESG Equity Fund Direct Growth?
The fund's allocation of assets is distributed as 97.78% in equities, 0.00% in bonds, and 2.22% in cash and cash equivalents.
Who manages the Axis ESG Equity Fund Direct Growth?
The fund managers responsible for Axis ESG Equity Fund Direct Growth are:-
- Shreyash Devalkar
- Hitesh Das
- Krishnaa N
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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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.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
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.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.