Axis Momentum Fund
The Scheme seeks to provide long-term capital growth from an actively managed diversified portfolio of equity & equity-related securities of companies that exhibit strong momentum. The selection of securities will be based on a quantitative model that will aim to maximize momentum exposure based on various parameter.
Growthvine rating: 2/5 — ranked #137 of 179 in category.
Fund basics
| Category | Equity: Thematic |
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| NAV | ₹8.97 (as of 2026-08-21) |
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| AUM | ₹944 Cr |
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| Expense ratio | 1.94% |
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| Riskometer | Very High |
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| Fund manager | Nandik Mallik |
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| Exit load | For units in excess of 10% of the investment, 1% will be charged for redemption within 12 months |
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Performance & risk
| Standard deviation | 0.00% |
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| Max drawdown | -21.74% |
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| Alpha | 0 |
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| Beta | 0 |
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Over 5 years, captured 64.8% of NIFTY Alpha 50's upside and 78.6% of its downside.
Market cap allocation
| Large cap | 40.6% |
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| Mid cap | 28.7% |
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| Small cap | 30.7% |
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Concentration
| Top 5 holdings | 19.1% |
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| Top 10 holdings | 33.8% |
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| Total holdings | 54 |
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Top holdings
- P N GADGIL JEWELLERS LIMITED — 5.0%
- Clearing Corporation of India Ltd — 4.8%
- State Bank Of India — 3.7%
- BSE Ltd. — 3.6%
- Federal Bank Ltd. — 3.4%
- Laurus Labs Limited — 3.3%
- Apollo Hospitals Enterprises Ltd. — 3.1%
- GMR Airports Limited — 3.0%
- Cummins India Ltd. — 2.9%
- ICICI Bank Ltd. — 2.9%
Top sectors
- Banking & Financial — 22.6%
- Industrial Products — 14.2%
- Derivatives — 9.5%
Calendar-year track record
| Year | Return | Quartile | Category rank |
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| 2026 (partial) | -4.0% | Q4 (Bottom) | #155 of 167 |
| 2025 | -4.7% | Q4 (Bottom) | #118 of 132 |