myplexus

NFO Monitor

Fund Fact

Name of Funds:

Axis Consumption

Opening:

23rd August 2024

Closing:

6th September 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:

To provide long term capital appreciation from an actively managed portfolio of equity and equity related securities of companies engaged in consumption and consumption related sector or allied sectors.

Benchmark:

NIFTY CONSUMPTION

Fund Manager:

Shreyash Devalkar, Hitesh Das, Krishnaa Narayan

Asset Allocation

80-100 % Equity upto 20% Money Market

upto 20% Debt upto 10% Others

Comparable existing schemes

Sundaram Consumption Fund	23.97(6M)	37.46(1Y)
ICICI Prudential Bharat Consumption Fund	19.41(6M)	40.32(1Y)

Fund Prognosis

Idea Distiller

Consumption theme is apparently an inviting sector for investing and so here is another one adding to the flavour.

Fund House AAUM:
Rs 29297702.89 Lakhs(as on 30th June, 2024)
Fund Manager:
Combined experience of above 12 years

Scheme DNA 4 fundamentals

Uniqueness

Return

Risk

Operability

Oomph Factor

Very low. Enough schemes already exist in the category.

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