myplexus

NFO Monitor

Fund Fact

Name of Funds:

Axis Momentum

Opening:

22nd November 2024

Closing:

6th December 2024

Minimum Investment:

Rs. 100 and in multiples of Re. 1/- thereafter

Plan:

Regular and Direct

Options:

Growth and IDCW

Entry Load:

Not Applicable

Exit Load:

1% of NAV if units are redeemed/switched out in excess of 10% of the units purchased within 12 months from the date of allotment.

Fund Stats

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.

Benchmark:

NIFTY 500

Fund Manager:

Karthik Kumar, Mayank Hyanki

Asset Allocation

80-100 % Equity upto 20% Money Market

upto 20% Debt upto 10% Others

Comparable existing schemes

Samco Active Momentum Fund	21.72(6M)	30.28(1Y)
Quant Momentum Fund	3.04(6M)	42.94(1Y)

Fund Prognosis

Idea Distiller

Running after what's hot and dumping what is not. That’s the construct the scheme will follow.

Fund House AAUM:
Rs 31338724.1 Lakhs(as on 31st March, 2024)
Fund Manager:
Combined experience of above 14 years

Scheme DNA 4 fundamentals

Uniqueness

Return

Risk

Operability

Oomph Factor

A scheme for the brave hearts. Go in if you are one of them.

We provide a range of tools and financial know-how that can help you make the most of your short-term and long-term investment goals.

Important Links

Fund

Snapshot

Company

Registered with AMFI AMFI Registration No: 2654 Initial Registration Date: 19th March 2003 Validity: 14th May 2025 to 23rd May 2028