Axis Consumption Fund Direct-IDCW
Unrated
NAV as of Jan 07, 2025
9.66-0.10%
(Earn upto 1.42% Extra Returns with Direct Plan)
Fund Category:
Equity: Thematic-Consumption
Expense Ratio:
0.43%(0.76% Category
average)Fund Size:
Rs. 4,381.16 Cr(12.14% of Investment in Category)
- ADD TO PORTFOLIO
Loading...
ADD TO PORTFOLIO
Axis Consumption Fund Direct-IDCW
Unrated
NAV as of Jan 07, 2025
9.66-0.10%
Expense Ratio:
0.43%
Fund Size:
Rs. 4,381.16 Cr
Fund Category:
Equity: Thematic-Consumption
Axis Consumption Fund Direct-IDCW Fund Key Highlights
1. Current NAV: The Current Net Asset Value of the Axis Consumption Fund - Direct Plan as of Jan 07, 2025 is Rs 9.66 for IDCW option of its Direct plan.
2. Returns: Its trailing returns over different time periods are: -1.4% (since launch). Whereas, Category returns for the same time duration are: 24.06329027833158% (1yr), 18.98316370762852% (3yr) and 20.167957028644167% (5yr).
3. Fund Size: The Axis Consumption Fund - Direct Plan currently holds Assets under Management worth of Rs 4381.1574 crore as on Sep 30, 2024.
4. Expense ratio: The expense ratio of the fund is 0.42% for Direct plan as on Dec 29, 2024.
5. Exit Load: Axis Consumption Fund - Direct Plan shall attract an Exit Load, "Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 12 months."
6. Minimum Investment: Minimum investment required is Rs 100 and minimum additional investment is Rs 100. Minimum SIP investment is Rs 500.
1. Current NAV: The Current Net Asset Value of the Axis Consumption Fund - Direct Plan as of Jan 07, 2025 is Rs 9.66 for IDCW option of its Direct plan.
2. Returns: Its trailing returns over different time periods are: -1.4% (since launch). Whereas, Category returns for the same time duration are: 24.06329027833158% (1yr), 18.98316370762852% (3yr) and 20.167957028644167% (5yr).
3. Fund Size: The Axis Consumption Fund - Direct Plan currently holds Assets under Management worth of Rs 4381.1574 crore as on Sep 30, 2024.
4. Expense ratio: The expense ratio of the fund is 0.42% for Direct plan as on Dec 29, 2024.
5. Exit Load: Axis Consumption Fund - Direct Plan shall attract an Exit Load, "Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 12 months."
6. Minimum Investment: Minimum investment required is Rs 100 and minimum additional investment is Rs 100. Minimum SIP investment is Rs 500.
Axis Consumption Fund Direct-IDCW Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns -1.53 -2.42 - - - - Category Avg -2.10 -5.08 2.90 20.37 17.62 19.98 Rank within Category 7 3 - - - - No. of funds within Category 24 22 21 19 15 12 - Loading...
- Loading...
Return Comparison
- This Fund
- BenchmarkNIFTY India Consumption Total Return Index
Choose from Benchmarks
- S&P BSE Sensex
- Nifty 50
- 1M
- 3M
- 6M
- 1Y
- 5Y
Loading...
Axis Consumption Fund Direct-IDCW Fund Details
Investment Objective - The scheme seeks to provide long term capital appreciation from an actively managed portfolio of equity and equity related securities of companies engaged in consumption and consumption related sector or allied sectors.
| Fund House | Axis Mutual Fund |
| Launch Date | Sep 12, 2024 |
| Benchmark | NIFTY India Consumption Total Return Index |
| Return Since Launch | -3.4% |
| Riskometer | Very High |
| Type | Open-ended |
| Risk Grade | - |
| Return Grade | - |
Axis Consumption Fund Direct-IDCW Investment Details
| Minimum Investment (Rs.) | 100.00 |
| Minimum Additional Investment (Rs.) | 100.00 |
| Minimum SIP Investment (Rs.) | 500.00 |
| Minimum Withdrawal (Rs.) | - |
| Exit Load Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 12 months. | |
Portfolio Allocation
Asset Allocation
Loading...
Asset Allocation History
Loading...
EquityDebtCash
Sector Allocation
Loading...
Market Cap Allocation
Loading...
Concentration & Valuation Analysis
| NOV 2024 | OCT 2024 | SEP 2024 | |
|---|---|---|---|
| Number of Holdings | 61 | 60 | 48 |
| Top 5 Company Holdings | 28.36% | 28.04% | 28.27% |
| Top 10 Company Holdings | 42.74% | 42.52% | 41.8% |
| Company with Highest Exposure | Bharti Airtel (8.59%) | Bharti Airtel (8.66%) | Bharti Airtel (8.55%) |
| Number of Sectors | 14 | 14 | 13 |
| Top 3 Sector Holdings | 49.95% | 48.07% | 44.44% |
| Top 5 Sector Holdings | 65.94% | 64.12% | 57.7% |
| Sector with Highest Exposure | Services (20.86%) | Services (18.6%) | Services (15.66%) |
Top Stock Holdings
Sector Holdings in MF
Company Sector Assest(%) P/E EPS-TTM(₹) RETURN 1 YR(%) Bharti Airtel Communication 8.55 78.92 20.16 51.77 Bajaj Auto Automobile 5.79 33.38 263.96 26.44 Mahindra & Mahindra Automobile 5.03 32.58 95.42 89.14 Zomato Services 4.66 - - - Trent Services 4.24 135.02 50.91 128.29 Hindustan Unilever Consumer Staples 3.65 54.71 43.70 -9.31 ITC Consumer Staples 3.48 26.86 16.42 -6.60 Varun Beverages Consumer Staples 2.41 82.25 7.52 23.27 Titan Company Consumer Discretionary 2.23 95.95 36.53 -6.52 The Indian Hotels Company Services 1.76 72.52 11.75 85.12
Peer Comparison
Cumulative Returns
SIP returns
Discrete Returns
Quant Measures
Asset Allocation
Scheme Name NAV(Rs./Unit) Scheme Rating AUM(Rs. Cr) 1M 1Y 3Y 5Y Axis Consumption Fund Direct-IDCW 9.66 Unrated 4,381.16 -1.53 - - - ICICI Prudential Bharat Consumption Fund Direct-IDCW 18.83 3,225.41 -1.84 16.86 20.31 20.45 Mirae Asset Great Consumer Fund Direct-IDCW 71.19 4,156.07 -1.88 19.08 19.99 22.07 SBI Consumption Opportunities Fund Direct-IDCW 262.53 3,074.00 -0.69 23.72 22.79 24.64 Nippon India Consumption Fund Direct-IDCW 62.12 2,188.23 -1.74 20.48 21.58 25.25
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Risk Ratio data not available for this fund
Axis Mutual Fund News
- Axis Mutual Fund changes fundamental attributes of All Seasons Debt Fund of Funds
- Fund Manager Talk | Axis Mutual Fund’s Shreyash Devalkar spots 10 investing themes for H1 2025
- Axis ELSS Tax Saver Fund turn Rs 10,000 monthly SIP to Rs 65 lakh in 15 years
- Axis Growth Opportunities Fund has generated 22.7% returns in last 5 years: Should you invest?
Fund Manager
- S.D.Shreyash DevalkarSince Aug 20246 schemes
- H.D.Hitesh DasSince Aug 20243 schemes
Mr. Devalkar is a B.Tech from UDCT Mumbai and PGDM (Management) from JBIMS Mumbai University Prior to joining Axis Mutual Fund he has worked with BNP Paribas Mutual Fund as a Fund Manager, IDFC Capital, JP Morgan Services India and Calyon Bank.
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y Axis Multicap Fund Direct-IDCW Multi Cap 18.65 6,807.34 32.69 Axis Growth Opportunities Fund Direct-IDCW Large & MidCap 27.26 14,007.12 25.20 Axis Midcap Direct Plan-IDCW Mid Cap 59.70 30,329.58 30.18 Axis ELSS Tax Saver Direct Plan-IDCW ELSS 57.63 36,373.17 17.05 Axis Bluechip Fund Direct Plan-IDCW Large Cap 27.45 33,547.36 14.44 Axis India Manufacturing Fund Direct-IDCW Thematic 13.89 Unrated 6,039.84 34.79 Mr. Das is a PGDM, M.Tech, B.Tech Prior to joining Axis Mutual Fund, he has worked with Barclays Securities India Pvt. Ltd., Credit Suisse Securities (India) Pvt. Ltd., Ebusinessware (India) Pvt. Ltd., Yes Bank.
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y Axis Multicap Fund Direct-IDCW Multi Cap 18.65 6,807.34 32.69 Axis Growth Opportunities Fund Direct-IDCW Large & MidCap 27.26 14,007.12 25.20 Axis ESG Integration Strategy Fund Direct-IDCW Thematic-ESG 17.66 Unrated 1,334.37 16.90
More Axis Mutual Fund
| Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| Axis ELSS Tax Saver Direct Plan-Growth | 36,373.17 | -0.01 | -6.34 | 1.95 | 18.76 | 8.98 | |
| Axis Bluechip Fund Direct Plan-Growth | 33,547.36 | -0.33 | -6.67 | 0.09 | 15.33 | 9.19 | |
| Axis Liquid Direct Fund-Growth | 33,183.30 | 0.60 | 1.78 | 3.60 | 7.47 | 6.51 | |
| Axis Midcap Direct Plan-Growth | 30,329.59 | 1.70 | -3.81 | 2.85 | 31.97 | 18.29 | |
| Axis Small Cap Fund Direct-Growth | 24,353.17 | 1.59 | -2.28 | 6.44 | 27.33 | 21.51 | |
| Axis Money Market Fund Direct-Growth | 17,436.29 | 0.63 | 1.84 | 3.80 | 7.89 | 6.79 | |
| Axis Growth Opportunities Fund Direct-Growth | 14,007.12 | 0.54 | -3.93 | 4.08 | 27.68 | 15.95 | |
| Axis Focused Direct Plan-Growth | 13,289.37 | -0.49 | -6.86 | 2.02 | 16.37 | 5.89 | |
| Axis Banking & PSU Debt Direct Plan-Growth | 13,044.53 | 0.55 | 1.59 | 4.04 | 7.80 | 6.23 | |
| Axis Flexi Cap Fund Direct-Growth | 12,854.88 | 0.84 | -4.18 | 3.92 | 24.15 | 11.64 |
Mutual Fund Tools
Top AMCs
- SBI Mutual Fund
- ICICI Prudential Mutual Fund
- HDFC Mutual Fund
- Nippon India Mutual Fund
- Kotak Mahindra Mutual Fund
- Aditya Birla Sun Life Mutual Fund
- UTI Mutual Fund
- Axis Mutual Fund
- Mirae Asset Mutual Fund
- DSP Mutual Fund
- Tata Mutual Fund
- Edelweiss Mutual Fund
- Bandhan Mutual Fund
- HSBC Mutual Fund
- Franklin Templeton Mutual Fund
About Axis Consumption Fund Direct-IDCW
1. Axis Consumption Fund - Direct Plan is Open-ended Thematic-Consumption Equity scheme which belongs to Axis Mutual Fund House.
2. The fund was launched on Sep 12, 2024.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme seeks to provide long term capital appreciation from an actively managed portfolio of equity and equity related securities of companies engaged in consumption and consumption related sector or allied sectors. "
2. It is benchmarked against NIFTY India Consumption Total Return Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 85.63477491% in equities, 14.13684959% in debts and 0.22837524% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 41.8% of the assets, the top 3 sectors constitute around 49.95% of the assets.
3. The fund largely follows a Growth oriented style of investing and invests across market capitalisations - around 0.0% in giant & large cap companies, 0.0% in mid cap and 0.0% in small cap companies.
Tax Implications on Axis Consumption Fund Direct-IDCW
1. Gains are taxed at a rate of 15% (Short-term Capital Gain Tax - STCG) if units are redeemed within 1 year of investment.
2. For units redeemed after 1 year of investment, gains of upto Rs. 1 lakh accruing from those units in a financial year shall be exempted from tax.
3. Gains of more than Rs. 1 lakh will be taxed at a rate of 10% (Long-term Capital Gain Tax - LTCG).
4. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
5. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
1. Axis Consumption Fund - Direct Plan is Open-ended Thematic-Consumption Equity scheme which belongs to Axis Mutual Fund House.
2. The fund was launched on Sep 12, 2024.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme seeks to provide long term capital appreciation from an actively managed portfolio of equity and equity related securities of companies engaged in consumption and consumption related sector or allied sectors. "
2. It is benchmarked against NIFTY India Consumption Total Return Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 85.63477491% in equities, 14.13684959% in debts and 0.22837524% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 41.8% of the assets, the top 3 sectors constitute around 49.95% of the assets.
3. The fund largely follows a Growth oriented style of investing and invests across market capitalisations - around 0.0% in giant & large cap companies, 0.0% in mid cap and 0.0% in small cap companies.
Tax Implications on Axis Consumption Fund Direct-IDCW
1. Gains are taxed at a rate of 15% (Short-term Capital Gain Tax - STCG) if units are redeemed within 1 year of investment.
2. For units redeemed after 1 year of investment, gains of upto Rs. 1 lakh accruing from those units in a financial year shall be exempted from tax.
3. Gains of more than Rs. 1 lakh will be taxed at a rate of 10% (Long-term Capital Gain Tax - LTCG).
4. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
5. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
This Might Catch Your Interest
FAQs about Axis Consumption Fund Direct-IDCW
- Is it safe to invest in Axis Consumption Fund - Direct Plan?As per SEBI’s latest guidelines to calculate risk grades, investment in the Axis Consumption Fund - Direct Plan comes under Very High risk category.
- What is the category of Axis Consumption Fund - Direct Plan?Axis Consumption Fund - Direct Plan belongs to the Equity : Thematic-Consumption category of funds.
- How Long should I Invest in Axis Consumption Fund - Direct Plan?The suggested investment horizon of investing into Axis Consumption Fund - Direct Plan is >3 years. The suggested investment horizon is the minimum time required for holding investments in the fund to reduce its downside risk and ensure that the returns become more predictable.
- Who manages the Axis Consumption Fund - Direct Plan?The Axis Consumption Fund - Direct Plan is managed by Shreyash Devalkar (Since Aug 23, 2024) and Hitesh Das (Since Aug 23, 2024).
Date Sources: Mutual Funds, ETFs, and NPS data are sourced from Value Research. All times stamps are reflecting IST (Indian Standard Time). By using this site, you agree to the Terms of Service and Privacy Policy.
