Axis Flexi Cap Fund Direct Growth

• Alpha 5.90%
• Beta 0.78
• Sharpe Ratio0.73
• Std Deviation 12.90%
• Tracking Error 8.09%

To generate long term capital appreciation by investing in a dynamic mix of equity and equity related instruments across market capitalizations. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved.

The Axis Flexi Cap Fund Direct Growth has an AUM of 12639.37 crores & has delivered CAGR of 12.17% in the last 5 years. The fund has an exit load of 1.00% and an expense ratio of 0.72%. The minimum investment in Axis Flexi Cap Fund Direct Growth is Rs 100 and the minimum SIP is Rs 100.

As per morningstar the risk & return rating of the fund are Medium & High respectively.

The top holdings of the fund include ICICI Bank, Clearing Corporation Of India Ltd, HDFC Bank & Bharti Airtel.

The major sectors where the fund is invested are Regional Banks, Software & Programming, Consumer Financial Services & Communications Services.

Some of the similar funds are Motilal Oswal Flexicap Fund Direct Plan Growth, DSP Flexi Cap Fund Direct Plan Growth, Canara Robeco Flexi Cap Fund Direct Plan Growth Option, Axis Flexi Cap Fund Direct Growth, Nippon India Flexi Cap Fund Direct Growth. Axis Flexi Cap Fund Direct Growth has a sharpe ratio of 0.73 & a standard deviation of 12.90%.