Axis Special Situations Fund Direct Growth

Fund Overview

Fund Size

₹1,121 Cr

Expense Ratio

1.31%

ISIN

INF846K01X71

Minimum SIP

₹100

Exit Load

1.00%

Inception Date

18 Dec 2020

About this fund

Axis Special Situations Fund Direct Growth is a Equity - Other mutual fund schemes offered by Axis Mutual Fund. This fund has been in existence for 5 years, 2 months and 25 days, having been launched on 18-Dec-20.
As of 13-Mar-26, it has a Net Asset Value (NAV) of ₹18.09, Assets Under Management (AUM) of 1120.92 Crores, and an expense ratio of 1.31%.

Axis Special Situations Fund Direct Growth has given a CAGR return of 12.00% since inception.
The fund's asset allocation comprises around 96.94% in equities, 0.00% in debts, and 3.06% in cash & cash equivalents.
You can start investing in Axis Special Situations 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

+6.54%

— (Cat Avg.)

3 Years

+16.03%

— (Cat Avg.)

5 Years

+11.05%

— (Cat Avg.)

Since Inception

+12.00%

— (Cat Avg.)

Portfolio Summaryas of 28th February 2026

Equity	₹1,086.61 Cr	96.94%
Others	₹34.31 Cr	3.06%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
Eternal Ltd	Equity	₹59.4 Cr	5.30%
Billionbrains Garage Ventures Ltd	Equity	₹47.74 Cr	4.26%
One97 Communications Ltd	Equity	₹44.42 Cr	3.96%
Lenskart Solutions Ltd	Equity	₹32.37 Cr	2.89%
FSN E-Commerce Ventures Ltd	Equity	₹31.57 Cr	2.82%
Info Edge (India) Ltd	Equity	₹30.32 Cr	2.71%
Clearing Corporation Of India Ltd	Cash - Repurchase Agreement	₹30.31 Cr	2.70%
PB Fintech Ltd	Equity	₹26.6 Cr	2.37%
Aether Industries Ltd	Equity	₹26.09 Cr	2.33%
Blackbuck Ltd	Equity	₹25.18 Cr	2.25%
Bajaj Finserv Ltd	Equity	₹24.74 Cr	2.21%
Ather Energy Ltd	Equity	₹24.6 Cr	2.19%
PTC Industries Ltd	Equity	₹24.23 Cr	2.16%
Affle 3i Ltd	Equity	₹24.1 Cr	2.15%
GE Vernova T&D India Ltd	Equity	₹23.97 Cr	2.14%
Sai Life Sciences Ltd	Equity	₹23.28 Cr	2.08%
Pidilite Industries Ltd	Equity	₹23.16 Cr	2.07%
Linde India Ltd	Equity	₹22.98 Cr	2.05%
Delhivery Ltd	Equity	₹21.98 Cr	1.96%
Bharti Airtel Ltd	Equity	₹20.64 Cr	1.84%
Divi's Laboratories Ltd	Equity	₹20.58 Cr	1.84%
Bharat Electronics Ltd	Equity	₹20.57 Cr	1.84%
Sona BLW Precision Forgings Ltd	Equity	₹20.31 Cr	1.81%
Jain Resource Recycling Ltd	Equity	₹20.03 Cr	1.79%
Mahindra & Mahindra Ltd	Equity	₹19.71 Cr	1.76%
Swiggy Ltd	Equity	₹19.57 Cr	1.75%
Neogen Chemicals Ltd	Equity	₹19.44 Cr	1.73%
Siemens Ltd	Equity	₹18.22 Cr	1.63%
Meesho Ltd	Equity	₹18.13 Cr	1.62%
Capillary Technologies India Ltd	Equity	₹17.93 Cr	1.60%
Tenneco Clean Air India Ltd	Equity	₹15.32 Cr	1.37%
Jyoti CNC Automation Ltd	Equity	₹15.14 Cr	1.35%
Sagility Ltd	Equity	₹15.07 Cr	1.34%
Sun Pharmaceuticals Industries Ltd	Equity	₹14.58 Cr	1.30%
Wakefit Innovations Ltd	Equity	₹13.64 Cr	1.22%
Taiwan Semiconductor Manufacturing Co Ltd ADR	Equity	₹13.23 Cr	1.18%
Siemens Energy India Ltd	Equity	₹13.17 Cr	1.18%
Broadcom Inc	Equity	₹12.99 Cr	1.16%
Go Digit General Insurance Ltd	Equity	₹12.56 Cr	1.12%
Dixon Technologies (India) Ltd	Equity	₹12.53 Cr	1.12%
Pine Labs Ltd	Equity	₹12.42 Cr	1.11%
TBO Tek Ltd	Equity	₹11.65 Cr	1.04%
Alphabet Inc Class A	Equity	₹10.71 Cr	0.96%
Honeywell Automation India Ltd	Equity	₹10.18 Cr	0.91%
Microsoft Corp	Equity	₹10.16 Cr	0.91%
Meta Platforms Inc Class A	Equity	₹9.92 Cr	0.89%
Amazon.com Inc	Equity	₹8.69 Cr	0.78%
ASML Holding NV ADR	Equity	₹8.4 Cr	0.75%
NVIDIA Corp	Equity	₹8.2 Cr	0.73%
Advanced Micro Devices Inc	Equity	₹6.82 Cr	0.61%
Wework India Management Ltd	Equity	₹6.55 Cr	0.58%
MakeMyTrip Ltd	Equity	₹6.52 Cr	0.58%
Ellenbarrie Industrial Gases Ltd	Equity	₹6.2 Cr	0.55%
Trent Ltd	Equity	₹5.76 Cr	0.51%
Visa Inc Class A	Equity	₹5.64 Cr	0.50%
Urban Co Ltd	Equity	₹5.62 Cr	0.50%
Arista Networks Inc	Equity	₹5.1 Cr	0.45%
Ideaforge Technology Ltd	Equity	₹5.04 Cr	0.45%
12/03/2026 Maturing 91 DTB	Bond - Gov't/Treasury	₹4.99 Cr	0.45%
Eli Lilly and Co	Equity	₹4.73 Cr	0.42%
Boston Scientific Corp	Equity	₹4.66 Cr	0.42%
Carborundum Universal Ltd	Equity	₹4.62 Cr	0.41%
Netflix Inc	Equity	₹4.59 Cr	0.41%
SharkNinja Inc	Equity	₹3.92 Cr	0.35%
Motorola Solutions Inc	Equity	₹3.72 Cr	0.33%
TJX Companies Inc	Equity	₹3.34 Cr	0.30%
eBay Inc	Equity	₹3.23 Cr	0.29%
Booking Holdings Inc	Equity	₹3.2 Cr	0.29%
Spotify Technology SA	Equity	₹2.87 Cr	0.26%
Amer Sports Inc	Equity	₹2.58 Cr	0.23%
Blue Dart Express Ltd	Equity	₹2.44 Cr	0.22%
MercadoLibre Inc	Equity	₹2.43 Cr	0.22%
Cadence Design Systems Inc	Equity	₹2.29 Cr	0.20%
Salesforce Inc	Equity	₹2.1 Cr	0.19%
ServiceNow Inc	Equity	₹1.3 Cr	0.12%
Net Receivables / (Payables)	Cash - Collateral	₹-1 Cr	0.09%
Sea Ltd ADR	Equity	₹0.94 Cr	0.08%

Allocation By Market Cap (Equity)

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Consumer Cyclical	₹274.49 Cr	24.49%
Technology	₹197.44 Cr	17.61%
Industrials	₹141.35 Cr	12.61%
Basic Materials	₹117.9 Cr	10.52%
Financial Services	₹117.28 Cr	10.46%
Healthcare	₹115.27 Cr	10.28%
Communication Services	₹103.16 Cr	9.20%
Utilities	₹13.17 Cr	1.18%
Real Estate	₹6.55 Cr	0.58%

Risk & Performance Ratios

Fund Managers

Ashish Naik

Since December 2020

Krishnaa N

Since March 2024

Additional Scheme Detailsas of 28th February 2026

ISIN

INF846K01X71

Expense Ratio

1.31%

Exit Load

1.00%

Fund Size

₹1,121 Cr

Age

5 years 2 months

Lumpsum Minimum

₹100

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

Capital Gains Taxation:

Dividend Taxation:

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 - Other Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
DynaSIF Active Asset Allocator Long-Short Fund Direct Growth Low to Moderate Risk	-	0.0%	-	-
DynaSIF Active Asset Allocator Long-Short Fund Regular Growth Low to Moderate Risk	-	0.0%	-	-
Apex Hybrid Long-Short Fund Regular Growth Low to Moderate Risk	-	0.0%	-	-
Apex Hybrid Long-Short Fund Direct Growth Low to Moderate Risk	-	0.0%	-	-
Arudha Equity Long-Short Fund Regular Growth Very High Risk	-	0.0%	-	-
Arudha Equity Long-Short Fund Direct Growth Very High Risk	-	0.0%	-	-
SBI Nifty Midcap 150 Momentum 50 ETF Very High Risk	-	-	-	-
ITI Business Cycle Fund Regular Growth Very High Risk	-	0.0%	-	-
ITI Business Cycle Fund Direct Growth Very High Risk	-	0.0%	-	-
DynaSIF Equity Long - Short Fund Regular Growth High Risk	-	0.0%	-	-
DynaSIF Equity Long - Short Fund Direct Growth High Risk	-	0.0%	-	-
Mirae Asset BSE India Defence ETF Very High Risk	-	-	₹33.79 Cr	-
Kotak Services Fund Regular Growth Low Risk	-	0.0%	-	-
Kotak Services Fund Direct Growth Low Risk	-	0.0%	-	-
SBI Quality Fund Direct Growth Very High Risk	-	1.0%	₹2245.81 Cr	-
Mirae Asset BSE India Defence ETF FOF Direct Growth Very High Risk	-	0.0%	₹21.59 Cr	-
Mirae Asset BSE India Defence ETF FOF Regular Growth Very High Risk	-	0.0%	₹21.59 Cr	-
SBI Quality Fund Regular Growth Very High Risk	-	1.0%	₹2245.81 Cr	-
Motilal Oswal Nifty MNC ETF Very High Risk	0.5%	-	-	-
JioBlackRock Sector Rotation Fund Direct Growth Very High Risk	-	0.0%	-	-
Groww Nifty PSE ETF FOF Regular Growth Very High Risk	-	0.0%	₹11.16 Cr	-
Groww Nifty PSE ETF FOF Direct Growth Very High Risk	-	0.0%	₹11.16 Cr	-
Groww Nifty PSE ETF Very High Risk	-	-	₹17.58 Cr	-
iSIF Equity Ex-Top 100 Long-Short Fund Direct Growth Very High Risk	-	1.0%	₹1089.73 Cr	-
iSIF Equity Ex-Top 100 Long-Short Fund Regular Growth Very High Risk	-	1.0%	₹1089.73 Cr	-
Mahindra Manulife Innovation Opportunities Fund Direct Growth Very High Risk	0.5%	0.0%	₹162.28 Cr	-
Mahindra Manulife Innovation Opportunities Fund Regular Growth Very High Risk	2.4%	0.0%	₹162.28 Cr	-
Groww Nifty Chemicals ETF Very High Risk	0.4%	-	₹7.37 Cr	-
Diviniti Equity Long Short Fund Direct Growth Very High Risk	0.9%	0.0%	₹377.52 Cr	-
Diviniti Equity Long Short Fund Regular Growth Very High Risk	2.4%	0.0%	₹377.52 Cr	-
DSP MSCI INDIA ETF Very High Risk	0.4%	-	₹3.38 Cr	-
Kotak Rural Opportunities Fund Regular Growth Very High Risk	2.3%	0.0%	₹889.65 Cr	-
Kotak Rural Opportunities Fund Direct Growth Very High Risk	0.7%	0.0%	₹889.65 Cr	-
Altiva Hybrid Long-Short Fund Direct Growth Low to Moderate Risk	-	0.0%	₹2704.15 Cr	-
Magnum Hybrid Long Short Fund Regular Growth Low to Moderate Risk	1.2%	0.0%	₹3314.55 Cr	-
Altiva Hybrid Long-Short Fund Regular Growth Low to Moderate Risk	-	0.0%	₹2704.15 Cr	-
Magnum Hybrid Long Short Fund Direct Growth Low to Moderate Risk	0.5%	0.0%	₹3314.55 Cr	-
ICICI Prudential Conglomerate Fund Regular Growth Moderately High risk	2.3%	1.0%	₹884.02 Cr	-
ICICI Prudential Conglomerate Fund Direct Growth Moderately High risk	1.2%	1.0%	₹884.02 Cr	-
qsif Equity Long-Short Fund Direct Growth Very High Risk	-	1.0%	₹561.11 Cr	-
qsif Equity Long-Short Fund Regular Growth Very High Risk	-	1.0%	₹561.11 Cr	-
The Wealth Company Ethical Fund Direct Growth Very High Risk	0.8%	0.0%	₹38.73 Cr	-
The Wealth Company Ethical Fund Regular Growth Very High Risk	2.3%	0.0%	₹38.73 Cr	-
Baroda BNP Paribas Business Conglomerates Fund Direct Growth Very High Risk	0.6%	1.0%	₹713.90 Cr	-
Baroda BNP Paribas Business Conglomerates Fund Regular Growth Very High Risk	2.3%	1.0%	₹713.90 Cr	-
Motilal Oswal Nifty Alpha 50 ETF Very High Risk	0.5%	-	₹5.90 Cr	-
Kotak Active Momentum Fund Direct Growth Very High Risk	0.8%	0.0%	₹1338.83 Cr	-
Kotak Active Momentum Fund Regular Growth Very High Risk	2.1%	0.0%	₹1338.83 Cr	-
Motilal Oswal Special Opportunities Fund Direct Growth Very High Risk	2.4%	1.0%	₹65.87 Cr	-
Motilal Oswal Special Opportunities Fund Regular Growth Very High Risk	2.5%	1.0%	₹65.87 Cr	-

About the AMC

Axis Mutual Fund

+91 22 43255161

https://www.axismf.com/

Total AUM

₹3,66,160 Cr

Address

Axis House, 1st Floor, C-2, Wadia International Centre, Mumbai, 400 025

Other Funds by Axis Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Axis Fixed Maturity Plan Series 130 92 Days Direct Growth Low to Moderate Risk	-	0.0%	-	-
Axis Fixed Maturity Plan Series 129 108 Days Direct Growth Low to Moderate Risk	-	0.0%	-	-
Axis BSE India Sector Leaders Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹37.68 Cr	-
Axis Gold and Silver Passive FoF Direct Growth Very High Risk	0.2%	0.0%	₹578.42 Cr	-
Axis Multi-Asset Active FoF Direct Growth Very High Risk	0.1%	1.0%	₹1432.92 Cr	-
Axis Income Plus Arbitrage Passive Fund of Funds Direct Growth Moderate Risk	0.0%	0.0%	₹109.18 Cr	-
Axis CRISIL-IBX Financial Services 3-6 Months Debt Index Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹238.09 Cr	-
Axis Nifty500 Quality 50 Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹71.36 Cr	-
Axis Services Opportunities Fund Direct Growth Very High Risk	0.7%	1.0%	₹1678.01 Cr	-
Axis Nifty AAA Bond Financial Services - Mar 2028 Index Fund Direct Growth Moderate Risk	-	0.0%	-	-
Axis Nifty500 Momentum 50 Index Fund Direct Growth Very High Risk	0.1%	0.0%	₹127.11 Cr	6.9%
Axis CRISIL IBX AAA Bond NBFC HFC Jun 2027 Index Fund Direct Growth Moderate Risk	0.1%	0.0%	₹51.67 Cr	7.8%
Axis Momentum Fund Direct Growth Very High Risk	0.8%	1.0%	₹1070.90 Cr	8.1%
Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹22.49 Cr	7.8%
Axis Nifty500 Value 50 Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹145.27 Cr	25.8%
Axis CRISIL IBX AAA NBFC Index Jun 2027 Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹1696.60 Cr	7.9%
Axis Consumption Fund Direct Growth Very High Risk	0.6%	1.0%	₹3091.55 Cr	0.2%
Axis Nifty 500 Index Fund Direct Growth Very High Risk	0.1%	0.0%	₹301.97 Cr	6.9%
Axis Nifty Bank Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹149.93 Cr	12.5%
Axis CRISIL IBX SDL June 2034 Debt Index Fund Direct Growth Moderate Risk	0.2%	0.0%	₹8.30 Cr	4.3%
Axis S&P BSE Sensex Index Fund Direct Growth Very High Risk	0.1%	0.0%	₹49.18 Cr	2.2%
Axis Fixed Term Plan Series 120 (91 Days) Direct Growth Moderate Risk	-	0.0%	-	-
Axis Fixed Term Plan Series 119 71 Days Direct Growth Low to Moderate Risk	-	-	-	-
Axis US Treasury Dynamic Bond ETF Fund of Fund Direct Growth Very High Risk	0.1%	0.0%	₹38.29 Cr	11.3%
Axis India Manufacturing Fund Direct Growth Very High Risk	0.5%	1.0%	₹5175.61 Cr	14.0%
Axis Fixed Term Plan Series 118 100 Days Direct Growth Moderate Risk	-	0.0%	-	-
Axis Fixed Term Plan Series 113 1228 Days Direct Growth Low to Moderate Risk	-	0.0%	₹92.41 Cr	7.4%
Axis Fixed Term Plan Series 110 1553 Days Direct Growth Moderate Risk	-	0.0%	-	-
Axis Fixed Term Plan Series 105 1128 Days Direct Growth Moderate Risk	-	0.0%	-	-
Axis Fixed Term Plan Series 112 1143 Days Direct Growth Low Risk	-	0.0%	₹76.51 Cr	6.6%
Axis Nifty SDL September 2026 Debt Index Fund Direct Growth Low Risk	0.2%	0.0%	₹68.85 Cr	7.1%
Axis Banking & PSU Debt Fund Direct Growth Moderate Risk	0.3%	0.0%	₹12838.53 Cr	7.1%
Axis Global Equity Alpha Fund of Fund Direct Growth Very High Risk	0.8%	1.0%	₹1894.93 Cr	27.7%
Axis Nifty Smallcap 50 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹538.00 Cr	8.2%
Axis Flexi Cap Fund Direct Growth Very High Risk	0.7%	1.0%	₹12871.40 Cr	6.4%
Axis Money Market Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹23789.68 Cr	7.2%
Axis Equity Hybrid Fund Direct Growth High Risk	1.1%	1.0%	₹1505.41 Cr	6.0%
Axis Special Situations Fund Direct Growth Very High Risk	1.3%	1.0%	₹1120.92 Cr	6.5%
Axis Corporate Debt Fund Direct Growth Moderate Risk	0.4%	0.0%	₹8588.43 Cr	7.8%
Axis ESG Equity Fund Direct Growth Very High Risk	1.4%	1.0%	₹1133.18 Cr	2.3%
Axis Arbitrage Fund Direct Growth Low Risk	0.3%	0.0%	₹9211.96 Cr	6.9%
Axis Greater China Equity Fund of Fund Direct Growth Very High Risk	0.5%	1.0%	₹2910.75 Cr	37.2%
Axis Value Fund Direct Growth Very High Risk	0.7%	1.0%	₹1445.45 Cr	10.7%
Axis All Seasons Debt Fund of Funds Direct Growth Moderate Risk	0.1%	0.0%	₹2092.43 Cr	7.9%
Axis Quant Fund Direct Growth Very High Risk	0.8%	1.0%	₹882.44 Cr	6.8%
Axis Gilt Fund Direct Growth Moderate Risk	0.4%	0.0%	₹587.56 Cr	5.0%
Axis Bluechip Fund Direct Growth Very High Risk	0.7%	1.0%	₹32436.77 Cr	3.4%
Axis Dynamic Bond Fund Direct Growth Moderate Risk	0.3%	0.0%	₹1131.90 Cr	7.0%
Axis Gold Fund Direct Growth High Risk	0.2%	1.0%	₹2998.08 Cr	78.8%
Axis Focused 25 Fund Direct Growth Very High Risk	0.8%	1.0%	₹11305.13 Cr	2.6%

Risk Level

Your principal amount will be at Very High Risk

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What is the current NAV of Axis Special Situations Fund Direct Growth?

The NAV of Axis Special Situations Fund Direct Growth, as of 13-Mar-2026, is ₹18.09.

What are the returns of Axis Special Situations Fund Direct Growth?

The fund has generated 6.54% over the last 1 year and 16.03% 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 Special Situations Fund Direct Growth?

The fund's allocation of assets is distributed as 96.94% in equities, 0.00% in bonds, and 3.06% in cash and cash equivalents.

Who manages the Axis Special Situations Fund Direct Growth?

The fund managers responsible for Axis Special Situations Fund Direct Growth are:-

Ashish Naik
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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Axis Special Situations Fund Direct Growth

Fund Overview