Overview
NAV (as on 04th July, 2024): ₹ 16.68
Expense Ratio: 2.18%
Risk-O-Meter: Very High
Crisil Rank: Not Ranked
Fund Size: ₹ 1044.96 Cr
Investment Strategy
Axis Quant Fund focuses on a thematic investment approach, predominantly investing in large-cap stocks but also allocating to mid-cap and small-cap stocks. This strategy aims to capitalize on specific sectors or themes that are expected to outperform the broader market.
Axis Quant Fund – Returns Analysis
| Period | Returns (%) | Benchmark (BSE 200 TRI) (%) | Category Avg (%) |
| 1 Week | 1.89 | 1.84 | – |
| 1 Month | 11.80 | 12.28 | – |
| 3 Months | 7.82 | 11.93 | – |
| 6 Months | 16.73 | 20.70 | – |
| YTD | 17.22 | 21.66 | – |
| 1 Year | 35.39 | 35.28 | 46.45 |
| 2 Years | 74.84 | 32.18 | 35.39 |
| 3 Years | 66.80 | 18.52 | 21.87 |
| Since Inception | 66.80 | 18.52 | 21.62 |
Axis Quant Fund – Portfolio Analysis
- Equity Holdings: 97.51%
- Debt Holdings: 0%
- Others: 2.49%
- No. of Stocks: 46
- Top Sectors by Allocation: Financial Services, Automobile and Auto Components, Healthcare, Capital Goods, Power
Top Holdings
| Stock Invested in | Sector | % of Total Holdings | 1M Change | 1Y Highest Holding | 1Y Lowest Holding |
| ICICI Bank Ltd. | Private sector bank | 9.24% | -0.09% | 9.33% (Apr 2024) | 8.73% (Dec 2023) |
| Larsen & Toubro Ltd. | Civil construction | 6.34% | 0.23% | 6.52% (Mar 2024) | 0% (Jun 2023) |
| Power Grid Corporation of India Ltd. | Power – transmission | 4.24% | 0.18% | 4.24% (May 2024) | 0% (Jun 2023) |
| Bajaj Auto Ltd. | 2/3 wheelers | 4.10% | 0.15% | 4.14% (Mar 2024) | 3.19% (Jun 2023) |
| Coal India Ltd. | Coal | 4.04% | 0.36% | 4.04% (May 2024) | 0% (Jun 2023) |
Axis Quant Fund – Risk Ratios
- Standard Deviation: 13.87 (Fund) vs. 15.07 (Category Avg)
- Beta: 0.92 (Fund) vs. 0.86 (Category Avg)
- Sharpe Ratio: 0.77 (Fund) vs. 0.87 (Category Avg)
- Treynor’s Ratio: 0.12 (Fund) vs. 0.16 (Category Avg)
- Jension’s Alpha: -0.14 (Fund) vs. 2.21 (Category Avg)
Axis Quant Fund – Dividend Distribution
The Axis Quant Fund – Regular Plan – Growth does not primarily focus on dividend distribution. Instead, it emphasizes capital appreciation through its thematic investment strategy. Investors seeking regular income may find other funds more suitable, as this fund prioritizes growth over dividends.
| Category | 1 Day | 1 Month | 3 Months | 6 Months | YTD | 1 Year | 2 Years | 3 Years | 5 Years |
| This Fund | 0.91% | 11.80% | 7.82% | 16.73% | 17.30% | 35.28% | 32.18% | 18.52% | 0.00% |
| Nifty 50 | 0.06% | 11.05% | 7.94% | 12.21% | 11.83% | 25.26% | 23.85% | 15.58% | 15.24% |
| Benchmark (BSE 200) | 0.00% | 10.48% | 8.88% | 15.50% | 15.96% | 35.43% | 29.20% | 19.34% | 18.95% |
| Category Average | 0.38% | 12.28% | 11.93% | 20.70% | 21.66% | 46.45% | 35.39% | 21.87% | 21.51% |
Analysis
- Short-term Performance: Over the past month, the fund outperformed both the Nifty 50 and the BSE 200, indicating robust short-term performance.
- Long-term Performance: The fund’s performance over longer periods like 1 year and 2 years is competitive relative to benchmarks and category averages, albeit with some variance in ranking within the category.
Disclaimer: The information provided in this article is for educational and informational purposes only. It should not be considered investment advice or a recommendation to invest in any particular mutual fund or asset class. Past performance does not indicate future results, and investors should research and consult with a financial advisor before making investment decisions. Investing in mutual funds involves risks, including the possible loss of principal invested.
