Fund Overview
Fund Size
₹715 Cr
Expense Ratio
0.98%
ISIN
INF846K010C0
Minimum SIP
₹100
Exit Load
1.00%
Inception Date
22 Sep 2021
About this fund
Axis Value Fund Direct Growth is a Value mutual fund schemes offered by Axis Mutual Fund. This fund has been in existence for 2 years, 11 months and 21 days, having been launched on 22-Sep-21.
As of 11-Sep-24, it has a Net Asset Value (NAV) of ₹19.43, Assets Under Management (AUM) of 715.06 Crores, and an expense ratio of 0.98%.
As of 11-Sep-24, it has a Net Asset Value (NAV) of ₹19.43, Assets Under Management (AUM) of 715.06 Crores, and an expense ratio of 0.98%.
- Axis Value Fund Direct Growth has given a CAGR return of 25.06% since inception.
- The fund's asset allocation comprises around 97.84% in equities, 0.00% in debts, and 2.16% in cash & cash equivalents.
- You can start investing in Axis Value 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
+47.31%
+44.77% (Cat Avg.)
Since Inception
+25.06%
— (Cat Avg.)
Portfolio Summaryas of 31st July 2024
| Equity | ₹699.6 Cr | 97.84% |
| Others | ₹15.46 Cr | 2.16% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| ICICI Bank Ltd | Equity | ₹31.03 Cr | 4.54% |
| HDFC Bank Ltd | Equity | ₹30.62 Cr | 4.48% |
| Reliance Industries Ltd | Equity | ₹27.83 Cr | 4.08% |
| Infosys Ltd | Equity | ₹25.7 Cr | 3.76% |
| Mahindra & Mahindra Ltd | Equity | ₹19.13 Cr | 2.80% |
| Larsen & Toubro Ltd | Equity | ₹18.16 Cr | 2.66% |
| Bharti Airtel Ltd | Equity | ₹17.66 Cr | 2.59% |
| NTPC Ltd | Equity | ₹16.58 Cr | 2.43% |
| State Bank of India | Equity | ₹16.44 Cr | 2.41% |
| Anant Raj Ltd | Equity | ₹15.44 Cr | 2.26% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹15.13 Cr | 2.22% |
| Minda Corp Ltd | Equity | ₹14.43 Cr | 2.11% |
| Net Receivables / (Payables) | Cash | ₹13.29 Cr | 1.95% |
| Granules India Ltd | Equity | ₹12.24 Cr | 1.79% |
| Awfis Space Solutions Ltd | Equity | ₹11.03 Cr | 1.61% |
| Tata Consultancy Services Ltd | Equity | ₹10.5 Cr | 1.54% |
| Apar Industries Ltd | Equity | ₹10.37 Cr | 1.52% |
| Bharat Electronics Ltd | Equity | ₹10.35 Cr | 1.52% |
| Voltas Ltd | Equity | ₹10.25 Cr | 1.50% |
| Bajaj Finserv Ltd | Equity | ₹9.65 Cr | 1.41% |
| Tata Motors Ltd | Equity | ₹9.52 Cr | 1.39% |
| Firstsource Solutions Ltd | Equity | ₹9.15 Cr | 1.34% |
| Bajaj Auto Ltd | Equity | ₹9.12 Cr | 1.33% |
| Tech Mahindra Ltd | Equity | ₹9.06 Cr | 1.33% |
| Coal India Ltd | Equity | ₹8.72 Cr | 1.28% |
| UltraTech Cement Ltd | Equity | ₹8.59 Cr | 1.26% |
| Fortis Healthcare Ltd | Equity | ₹8.33 Cr | 1.22% |
| Indian Bank | Equity | ₹8.24 Cr | 1.21% |
| Cummins India Ltd | Equity | ₹8.17 Cr | 1.20% |
| TBO Tek Ltd | Equity | ₹8.11 Cr | 1.19% |
| The Federal Bank Ltd | Equity | ₹7.89 Cr | 1.16% |
| J.B. Chemicals & Pharmaceuticals Ltd | Equity | ₹7.82 Cr | 1.14% |
| Power Grid Corp Of India Ltd | Equity | ₹7.79 Cr | 1.14% |
| GPT Healthcare Ltd | Equity | ₹7.58 Cr | 1.11% |
| Dabur India Ltd | Equity | ₹7.57 Cr | 1.11% |
| Jupiter Life Line Hospitals Ltd | Equity | ₹7.41 Cr | 1.09% |
| V-Guard Industries Ltd | Equity | ₹7.33 Cr | 1.07% |
| Suzlon Energy Ltd | Equity | ₹7.3 Cr | 1.07% |
| Sansera Engineering Ltd | Equity | ₹7.27 Cr | 1.06% |
| Vijaya Diagnostic Centre Ltd | Equity | ₹6.71 Cr | 0.98% |
| India Shelter Finance Corporation Ltd | Equity | ₹6.62 Cr | 0.97% |
| ITC Ltd | Equity | ₹6.61 Cr | 0.97% |
| Brigade Enterprises Ltd | Equity | ₹6.59 Cr | 0.96% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹6.42 Cr | 0.94% |
| Petronet LNG Ltd | Equity | ₹5.95 Cr | 0.87% |
| Zydus Lifesciences Ltd | Equity | ₹5.87 Cr | 0.86% |
| Mrs Bectors Food Specialities Ltd Ordinary Shares | Equity | ₹5.72 Cr | 0.84% |
| Godrej Properties Ltd | Equity | ₹5.61 Cr | 0.82% |
| Jyoti CNC Automation Ltd | Equity | ₹5.45 Cr | 0.80% |
| Ajanta Pharma Ltd | Equity | ₹5.35 Cr | 0.78% |
| CG Power & Industrial Solutions Ltd | Equity | ₹5.17 Cr | 0.76% |
| Wipro Ltd | Equity | ₹5.1 Cr | 0.75% |
| DLF Ltd | Equity | ₹5.03 Cr | 0.74% |
| ICICI Prudential Life Insurance Company Limited | Equity | ₹4.95 Cr | 0.73% |
| UNO Minda Ltd | Equity | ₹4.94 Cr | 0.72% |
| Life Insurance Corporation of India | Equity | ₹4.87 Cr | 0.71% |
| Strides Pharma Science Ltd | Equity | ₹4.73 Cr | 0.69% |
| Jindal Steel & Power Ltd | Equity | ₹4.71 Cr | 0.69% |
| Hindustan Unilever Ltd | Equity | ₹4.69 Cr | 0.69% |
| Bharat Petroleum Corp Ltd | Equity | ₹4.66 Cr | 0.68% |
| Samvardhana Motherson International Ltd | Equity | ₹4.54 Cr | 0.67% |
| ISGEC Heavy Engineering Ltd | Equity | ₹4.48 Cr | 0.66% |
| Crompton Greaves Consumer Electricals Ltd | Equity | ₹4.32 Cr | 0.63% |
| REC Ltd | Equity | ₹4.2 Cr | 0.61% |
| HDFC Life Insurance Company Limited | Equity | ₹4.04 Cr | 0.59% |
| Tata Power Co Ltd | Equity | ₹3.94 Cr | 0.58% |
| Oil & Natural Gas Corp Ltd | Equity | ₹3.92 Cr | 0.57% |
| Kotak Mahindra Bank Ltd | Equity | ₹3.85 Cr | 0.56% |
| eClerx Services Ltd | Equity | ₹3.49 Cr | 0.51% |
| L&T Technology Services Ltd | Equity | ₹3.42 Cr | 0.50% |
| Multi Commodity Exchange of India Ltd | Equity | ₹3.4 Cr | 0.50% |
| Hindalco Industries Ltd | Equity | ₹3.37 Cr | 0.49% |
| Sudarshan Chemical Industries Ltd | Equity | ₹3.37 Cr | 0.49% |
| RHI Magnesita India Ltd | Equity | ₹3.36 Cr | 0.49% |
| PNB Housing Finance Ltd | Equity | ₹3.32 Cr | 0.49% |
| Prestige Estates Projects Ltd | Equity | ₹3.18 Cr | 0.47% |
| Grasim Industries Ltd | Equity | ₹3.1 Cr | 0.45% |
| Ambuja Cements Ltd | Equity | ₹3.1 Cr | 0.45% |
| Tata Steel Ltd | Equity | ₹2.98 Cr | 0.44% |
| Jyothy Labs Ltd | Equity | ₹2.8 Cr | 0.41% |
| Titagarh Rail Systems Ltd | Equity | ₹2.79 Cr | 0.41% |
| Clearing Corporation Of India Ltd | Cash - Repurchase Agreement | ₹1.48 Cr | 0.22% |
Allocation By Market Cap (Equity)
Large Cap Stocks
56.91%
Mid Cap Stocks
13.80%
Small Cap Stocks
22.42%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹145.54 Cr | 21.31% |
| Industrials | ₹112.33 Cr | 16.45% |
| Healthcare | ₹81.17 Cr | 11.88% |
| Consumer Cyclical | ₹73.28 Cr | 10.73% |
| Technology | ₹66.41 Cr | 9.72% |
| Energy | ₹51.1 Cr | 7.48% |
| Real Estate | ₹35.85 Cr | 5.25% |
| Basic Materials | ₹29.22 Cr | 4.28% |
| Utilities | ₹28.32 Cr | 4.15% |
| Consumer Defensive | ₹27.39 Cr | 4.01% |
| Communication Services | ₹17.66 Cr | 2.59% |
Risk & Performance Ratios
Standard Deviation
This fund
--
Cat. avg.
13.14%
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
1.21
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
2.40
Higher the better
Fund Managers
Additional Scheme Detailsas of 31st July 2024
ISIN | INF846K010C0 | Expense Ratio | 0.98% | Exit Load | 1.00% | Fund Size | ₹715 Cr | Age | 22 Sep 2021 | 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:
- 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 Value Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Groww Value Fund Regular Growth Very High Risk | 2.3% | 1.0% | ₹38.62 Cr | 34.1% |
| Groww Value Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹38.62 Cr | 35.8% |
| ICICI Prudential Nifty50 Value 20 ETF Very High Risk | 0.3% | - | ₹128.26 Cr | 35.5% |
| Motilal Oswal S&P BSE Enhanced Value ETF Very High Risk | 0.3% | - | ₹112.56 Cr | 62.9% |
| Tata Equity P/E Fund Regular Growth Very High Risk | 1.8% | 1.0% | ₹9042.95 Cr | 47.3% |
| Templeton India Value Fund Regular Growth Very High Risk | 2.0% | 1.0% | ₹2278.96 Cr | 37.5% |
| Kotak Nifty 50 Value 20 ETF Very High Risk | 0.1% | - | ₹75.06 Cr | 37.1% |
| HDFC Capital Builder Value Fund Regular Growth Very High Risk | 1.8% | 1.0% | ₹7733.37 Cr | 42.0% |
| UTI Value Opportunities Fund Regular Growth Very High Risk | 1.8% | 1.0% | ₹10355.98 Cr | 42.7% |
| Nippon India Value Fund Regular Growth Very High Risk | 1.8% | 1.0% | ₹8751.52 Cr | 48.0% |
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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We're here to help.
What is the current NAV of Axis Value Fund Direct Growth?
The NAV of Axis Value Fund Direct Growth, as of 11-Sep-2024, is ₹19.43.
What is the portfolio composition of Axis Value Fund Direct Growth?
The fund's allocation of assets is distributed as 97.84% in equities, 0.00% in bonds, and 2.16% in cash and cash equivalents.
Who manages the Axis Value Fund Direct Growth?
The fund managers responsible for Axis Value Fund Direct Growth are:-
- Sachin Relekar
- Nitin Arora
- 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.