Rating : N/A
AXIS SPECIAL SITUATIONS FUND REGULAR GROWTH
Sectoral Fund
Fund Type
Open Ended
Investment Plan
Growth
Expense Ratio
2%
Asset Size
1313.65 Cr.
(As of 31 Aug, 2023)
Benchmark
IISL Nifty 500 TR INR
Riskometer
Investors understand that their principal will be at Risk.
Objective
To generate long-term capital appreciation by investing in mis-priced stocks facing special situations. The mis-pricing of stocks can occur due to companies facing special situations like regulatory/policy changes, management restructuring, technology led disruption and innovation or any temporary challenges in the operating environment. However, there can be no assurance that the investment objective of the Scheme will be achieved.
Fund manager
Ashish Naik
Exit load
1 %
(If redeemed within 360 days)Minimum sip
₹100
Minimum investment
₹100
Top Holdings
This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.
Company
Assets
Bajaj Finance Ltd
6.68%
Avenue Supermarts Ltd
5.23%
Linde India Ltd
4.39%
ICICI Bank Ltd
4.14%
Sector Allocation
About the Scheme Type
As the name suggests, Sectoral Funds invest in specific sectors of the economy. These funds are less diversified as they invest entirely in a particular sector; hence, their risk factor also depends on the respective sector’s performance, this carrying high risk. For example, a FMCG fund will only invest in FMCG companies while a tech fund will invest in only tech companies.The aim of these funds is to give investors a chance to benefit from the growth prospects of a particular fund.
Ratings
This fund is rated 0 stars by Morning Star Ratings.
N/A
Overview of Axis Asset Management Company Limited
Axis Mutual Fund has grown strongly since the time it launched its first scheme in October 2009. The vision statement of Axis Mutual Fund has been to responsibly manage money and risks to help people feel financially secure and confident of a brighter and prosperous future. We attribute our success, thus far, to Axis Mutual Fund’s 3 founding principles
- Long term wealth creation
- Outside in (Customer) view
- Long term relationship
Our product, sales and service strategy is entirely guided by this. We, at Axis Mutual Fund, aim to provide quality financial and investment solutions to help customers feel financially secure and confident of a brighter and prosperous future. We lay a strong emphasis on risk management and planning. We encourage our investors and our partners to take a holistic view which extends beyond mere investing surpluses to investing with an underlying dream, aspiration or goal.
Investment Philosophy of Axis Mutual Fund:
- Business to be built on three pillars
- Outside-in View
- Investor at the heart of every single decision
- Communication in investor’s language, not in ours
- Enduring Wealth Creation
- Playing a serious and credible role in investor’s money basket
- Encouraging investors to build a long-term perspective of the mutual fund category
- Long-term Relationships
- Outside-in View
- Aiming at building relationships rather than being transactional