e.g. Tata motors, Reliance MF, 500570

Axis Momentum Fund - Growth

Equity Large Cap Very High

NAV on (24 Apr 2026 )

₹8.92

(-0.67%)

Fund Size

₹924.27 Crores

1Y Returns

1.59 %

 

Earn 1% Higher Returns on Direct Funds

Invest  Top Funds
Disclaimer: Mutual Fund investments are subject to market risks. Read all scheme related documents carefully before investing.

 

Investment Objective

The Scheme aims 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 parameters. There is no assurance that the investment objective of the scheme will be achieved.

AMC

Axis Asset Management Company Ltd.

Fund Details

Launch Date

November 22, 2024

Fund Manager

Mr. Karthik Kumar

Initial Price

10

AUM Fund

924.27 Cr

Min investment

Rs 100

Expense Ratio

2.26%

SIP Minimum Investment

Daily - Rs. 100/- and in multiples of Re 1/- thereafter. Minimum number of installments 6.Weekly - Rs. 100/- and in multiples of Re 1/- thereafter. Minimum number of installments 6.Monthly - Rs. 500/- and in multiples of Re 1/- thereafter. Minimum number of installments 6. Yearly - Rs. 6,000/- and in multiple of Re.1/- thereafter. Minimum number of installments 3.

Exit Load

If redeemed / switched-out within 12 months from the date of allotment:For 10% of investments: NILFor remaining investments: 1%If redeemed / switched-out after 12 months from the date of allotment: NIL.

1 Month

+9.18%

6 Months

-3.67%

1 Year

+1.59%

2 Years (CAGR)

NA

3 Years (CAGR)

NA

5 Years (CAGR)

NA

Equity / Mid Cap funds 1Y 3Y Fund Size (Cr)
44.65% 101.33% ₹3935.83
43.89% 98.09% ₹3935.83
32.12% 123.40% ₹110.26
26.99% 0.00% ₹7304.61
26.99% 0.00% ₹7304.61

Holdings

Sector Allocation

Telecommunications 7.02%
Banks 12.89%
Electronics 4.74%
Service 11.48%
Pharmaceuticals and health care 4.34%
Metals - Non Ferrous 7.93%
Auto 11.37%
Finance 9.92%
Consumer Durables 3.44%
Infrastructure 3.31%
Chemicals 3.30%
Engineering 2.95%
Information Technology 3.75%
Petroleum 3.73%
Beverages - Alcoholic 1.95%
Mining 1.71%
Miscellaneous 2.30%
Tea / Coffee 1.48%
Power 1.16%
Iron and Steel 0.59%
Address
One Lodha Place, 22 & 23 Floor, Senapati Bapat Marg, Lower Parel, Mumbai Maharashtra India 400013
Phone
+91 22 66496100
Fax
+91 22 43255199
Launch Date
November 22, 2024
Custodian
Deutsche Bank A. G.
Registrar & Transfer Agent
KFin Technologies Limited

Frequently Asked Questions

Q: What is the current NAV of Axis Momentum Fund - Growth?

A: The latest NAV of Axis Momentum Fund - Growth is ₹ 8.92 as on 24 Apr 2026.

Q: What type of mutual fund is Axis Momentum Fund - Growth?

A: Axis Momentum Fund - Growth is a 'Equity - Large Cap' type mutual fund managed by 'Axis Asset Management Company Ltd.'.

Q: What is the expense ratio of Axis Momentum Fund - Growth?

A: The expense ratio of Axis Momentum Fund - Growth is 2.26%, which impacts overall returns.

Q: Who manages Axis Momentum Fund - Growth?

A: Axis Momentum Fund - Growth is managed by Mr. Karthik Kumar, who oversees investment strategy and portfolio decisions.

Q: Is Axis Momentum Fund - Growth a good investment?

A: Axis Momentum Fund - Growth may be suitable depending on your financial goals, risk appetite, and investment horizon. Always evaluate fund performance and consult a financial advisor.

Q: What is the exit load of Axis Momentum Fund - Growth?

A: The exit load of Axis Momentum Fund - Growth is If redeemed / switched-out within 12 months from the date of allotment:For 10% of investments: NILFor remaining investments: 1%If redeemed / switched-out after 12 months from the date of allotment: NIL., applicable if redeemed within the specified period.

Q: How is Axis Momentum Fund - Growth taxed?

A: Taxation depends on the fund type (equity/debt) and holding period as per Indian tax laws.

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