Axis India Multi-Sector Growth Fund Files Draft with SEBI

Axis Mutual Fund has introduced the Axis India Multi-Sector Growth Fund, an open-ended equity scheme with a thematic focus on creating and enabling real assets. Designed to deliver long-term capital appreciation, the fund targets equity and equity-related securities of companies involved in infrastructure, real estate, and other tangible asset creation.

Objective and Investment Philosophy

The primary investment objective of the scheme is to generate long-term capital appreciation through a diversified, actively managed portfolio. The fund focuses on sectors that contribute to creating real assets, encompassing industries like construction, metals, logistics, and telecommunications.

Key Details of the Fund

• Category: Thematic Fund
• Type: Open-ended equity scheme
• Benchmark: Nifty 500 TRI
• Investment Objective: Long-term capital growth through investments in equity and related securities of companies involved in creating or enabling real assets.

Asset Allocation

The fund’s indicative asset allocation is as follows:

• Equity and Equity-related instruments of real asset-focused companies: 80–100%
• Other equity instruments: 0–20%
• Debt and Money Market instruments: 0–20%
• Units of REITs and InVITs: 0–10%

This allocation ensures diversification across market capitalisations and sectors.

Fund Management

The fund is managed by Axis Asset Management Company Ltd., with a team of skilled professionals employing a bottom-up approach for stock selection. The strategy emphasises companies with robust business models and sustainable competitive advantages.

Key Features

1. Plans and Options:
   • Regular Plan and Direct Plan
   • Growth and IDCW (Income Distribution cum Capital Withdrawal) options are available.
2. Minimum Application Amount:
   • During the NFO: ₹100 and multiples of ₹1 thereafter.
   • Additional Purchases: ₹100 and multiples of ₹1.
3. Load Structure:
   • Entry Load: Nil
   • Exit Load:
     • 1% for redemptions within 12 months (excluding 10% of investments).
     • Nil for redemptions after 12 months.
4. Liquidity:
   Units can be subscribed and redeemed at NAV-based prices on all business days.

Benchmark and Performance Measurement

The scheme uses the Nifty 500 TRI as its benchmark, reflecting its diversified market-cap approach. This benchmark tracks the top 500 companies across large-cap, mid-cap, and small-cap segments, aligning with the fund’s thematic investment strategy.

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Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Mutual Fund investments in the securities market are subject to market risks, read all the related documents carefully before investing.