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Axis Consumption Fund Direct Growth
EquityEquity - ConsumptionVery High Risk
Direct
NAV (21-Nov-24)
₹9.36-0.11%1D
Returns (Since Inception)
-7.14%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹4,461 Cr
Expense Ratio
0.37%
ISIN
INF846K013X0
Minimum SIP
₹100
Exit Load
1.00%
Inception Date
18 Sep 2024
About this fund
This fund has been in existence for 2 months and 4 days, having been launched on 18-Sep-24.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹9.36, Assets Under Management (AUM) of 4461.44 Crores, and an expense ratio of 0.37%.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹9.36, Assets Under Management (AUM) of 4461.44 Crores, and an expense ratio of 0.37%.
- Axis Consumption Fund Direct Growth has given a CAGR return of -7.14% since inception.
- The fund's asset allocation comprises around 84.25% in equities, 0.00% in debts, and 15.75% in cash & cash equivalents.
- You can start investing in Axis Consumption 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.
Since Inception
-7.14%
— (Cat Avg.)
Portfolio Summaryas of 31st October 2024
| Equity | ₹3,758.93 Cr | 84.25% |
| Others | ₹702.52 Cr | 15.75% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Clearing Corporation Of India Ltd | Cash - Repurchase Agreement | ₹672.25 Cr | 15.62% |
| Bharti Airtel Ltd | Equity | ₹372.8 Cr | 8.66% |
| Mahindra & Mahindra Ltd | Equity | ₹230.57 Cr | 5.36% |
| Bajaj Auto Ltd | Equity | ₹205.66 Cr | 4.78% |
| Zomato Ltd | Equity | ₹205.49 Cr | 4.77% |
| Trent Ltd | Equity | ₹192.47 Cr | 4.47% |
| ITC Ltd | Equity | ₹173.52 Cr | 4.03% |
| Hindustan Unilever Ltd | Equity | ₹154.22 Cr | 3.58% |
| Varun Beverages Ltd | Equity | ₹119.53 Cr | 2.78% |
| InterGlobe Aviation Ltd | Equity | ₹88.93 Cr | 2.07% |
| Indian Hotels Co Ltd | Equity | ₹86.95 Cr | 2.02% |
| Titan Co Ltd | Equity | ₹84.94 Cr | 1.97% |
| Info Edge (India) Ltd | Equity | ₹73.32 Cr | 1.70% |
| Tata Power Co Ltd | Equity | ₹70.41 Cr | 1.64% |
| TVS Motor Co Ltd | Equity | ₹68.61 Cr | 1.59% |
| Kalyan Jewellers India Ltd | Equity | ₹66.37 Cr | 1.54% |
| Hero MotoCorp Ltd | Equity | ₹59.87 Cr | 1.39% |
| Pidilite Industries Ltd | Equity | ₹59.49 Cr | 1.38% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹59.16 Cr | 1.37% |
| Arvind Fashions Ltd | Equity | ₹59.16 Cr | 1.37% |
| Havells India Ltd | Equity | ₹53.91 Cr | 1.25% |
| United Spirits Ltd | Equity | ₹50.42 Cr | 1.17% |
| Fortis Healthcare Ltd | Equity | ₹48.2 Cr | 1.12% |
| Britannia Industries Ltd | Equity | ₹47.29 Cr | 1.10% |
| Max Healthcare Institute Ltd Ordinary Shares | Equity | ₹47.18 Cr | 1.10% |
| Blue Star Ltd | Equity | ₹45.06 Cr | 1.05% |
| Dixon Technologies (India) Ltd | Equity | ₹45 Cr | 1.05% |
| Colgate-Palmolive (India) Ltd | Equity | ₹44.41 Cr | 1.03% |
| Vijaya Diagnostic Centre Ltd | Equity | ₹43.96 Cr | 1.02% |
| Cipla Ltd | Equity | ₹42.67 Cr | 0.99% |
| ICICI Bank Ltd | Equity | ₹38.77 Cr | 0.90% |
| Page Industries Ltd | Equity | ₹37.37 Cr | 0.87% |
| Torrent Power Ltd | Equity | ₹37.35 Cr | 0.87% |
| Vedant Fashions Ltd | Equity | ₹36.51 Cr | 0.85% |
| Chalet Hotels Ltd | Equity | ₹33.93 Cr | 0.79% |
| Berger Paints India Ltd | Equity | ₹32.21 Cr | 0.75% |
| P N Gadgil Jewellers Ltd | Equity | ₹31.88 Cr | 0.74% |
| Jyothy Labs Ltd | Equity | ₹31.15 Cr | 0.72% |
| HDFC Life Insurance Co Ltd | Equity | ₹29.91 Cr | 0.69% |
| DLF Ltd | Equity | ₹29.51 Cr | 0.69% |
| Marico Ltd | Equity | ₹28.8 Cr | 0.67% |
| Anant Raj Ltd | Equity | ₹26.67 Cr | 0.62% |
| Rainbow Childrens Medicare Ltd | Equity | ₹26.66 Cr | 0.62% |
| HDFC Bank Ltd | Equity | ₹26.04 Cr | 0.60% |
| Lupin Ltd | Equity | ₹24.06 Cr | 0.56% |
| Krishna Institute of Medical Sciences Ltd | Equity | ₹23.02 Cr | 0.53% |
| HDFC Asset Management Co Ltd | Equity | ₹21.5 Cr | 0.50% |
| V-Mart Retail Ltd | Equity | ₹21.29 Cr | 0.49% |
| Sapphire Foods India Ltd | Equity | ₹21.12 Cr | 0.49% |
| NTPC Ltd | Equity | ₹20.41 Cr | 0.47% |
| Voltas Ltd | Equity | ₹19.63 Cr | 0.46% |
| Hyundai Motor India Ltd | Equity | ₹18.9 Cr | 0.44% |
| Power Grid Corp Of India Ltd | Equity | ₹16.04 Cr | 0.37% |
| Devyani International Ltd | Equity | ₹14.92 Cr | 0.35% |
| Go Fashion (India) Ltd | Equity | ₹14.4 Cr | 0.33% |
| Asian Paints Ltd | Equity | ₹13.21 Cr | 0.31% |
| Godrej Consumer Products Ltd | Equity | ₹12.83 Cr | 0.30% |
| Eicher Motors Ltd | Equity | ₹12.24 Cr | 0.28% |
| Jubilant Foodworks Ltd | Equity | ₹11.52 Cr | 0.27% |
| Dabur India Ltd | Equity | ₹10.8 Cr | 0.25% |
| Net Receivables / (Payables) | Cash | ₹5.38 Cr | 0.13% |
| Bharti Hexacom Ltd | Equity | ₹3.58 Cr | 0.08% |
Allocation By Market Cap (Equity)
Large Cap Stocks
55.69%
Mid Cap Stocks
9.23%
Small Cap Stocks
4.30%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Consumer Cyclical | ₹1,514.15 Cr | 35.18% |
| Consumer Defensive | ₹672.97 Cr | 15.64% |
| Communication Services | ₹449.71 Cr | 10.45% |
| Healthcare | ₹314.92 Cr | 7.32% |
| Industrials | ₹207.54 Cr | 4.82% |
| Utilities | ₹144.21 Cr | 3.35% |
| Financial Services | ₹116.21 Cr | 2.70% |
| Basic Materials | ₹104.91 Cr | 2.44% |
| Real Estate | ₹56.18 Cr | 1.31% |
| Technology | ₹45 Cr | 1.05% |
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
SD
Shreyash Devalkar
Since September 2024
HD
Hitesh Das
Since September 2024
KN
Krishnaa N
Since September 2024
Additional Scheme Detailsas of 31st October 2024
ISIN INF846K013X0 | Expense Ratio 0.37% | Exit Load 1.00% | Fund Size ₹4,461 Cr | Age 2 months | Lumpsum Minimum ₹100 | Fund Status Open Ended Investment Company | Benchmark Nifty India Consumption 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 - Consumption Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| SBI Nifty Consumption ETF Very High Risk | 0.3% | - | ₹18.85 Cr | 27.1% |
| Kotak NIFTY India Consumption ETF Very High Risk | 0.1% | - | ₹5.13 Cr | 27.3% |
| ICICI Prudential Nifty FMCG ETF Very High Risk | 0.2% | - | ₹411.75 Cr | 7.9% |
| ICICI Prudential Nifty India Consumption ETF Very High Risk | 0.2% | - | ₹52.51 Cr | 27.2% |
| Sundaram Consumption Fund Regular Growth Very High Risk | 2.2% | 0.0% | ₹1564.46 Cr | 22.1% |
| Nippon India Consumption Fund Regular Growth Very High Risk | 2.0% | 1.0% | ₹2073.21 Cr | 24.9% |
| Aditya Birla Sun Life India GenNext Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹5853.86 Cr | 22.2% |
| Baroda BNP Paribas India Consumption Fund Regular Growth Very High Risk | 2.1% | 1.0% | ₹1446.79 Cr | 25.3% |
| Baroda BNP Paribas India Consumption Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹1446.79 Cr | 27.2% |
| Nippon India ETF Consumption Very High Risk | 0.3% | - | ₹118.90 Cr | 27.0% |
Risk Level
Your principal amount will be at Very High Risk
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Related Articles
Still got questions?
We're here to help.
What is the current NAV of Axis Consumption Fund Direct Growth?
The NAV of Axis Consumption Fund Direct Growth, as of 21-Nov-2024, is ₹9.36.
What is the portfolio composition of Axis Consumption Fund Direct Growth?
The fund's allocation of assets is distributed as 84.25% in equities, 0.00% in bonds, and 15.75% in cash and cash equivalents.
Who manages the Axis Consumption Fund Direct Growth?
The fund managers responsible for Axis Consumption 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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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, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, 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.