Meta Title

Axis Momentum Fund - NAV, Returns, Investment Objective & Fund Manager Details

Meta Description

Comprehensive guide to Axis Momentum Fund covering investment objective, fund manager profile, returns, AUM, and key features. Learn about Karthik Kumar's momentum strategy at Axis Mutual Fund.

Investment Objective and Approach

Axis Momentum Fund aims to provide long-term capital growth from an actively managed diversified portfolio of equity and equity-related securities of companies that exhibit strong momentum. The fund's strategy is based on a quantitative model designed to maximize momentum exposure using various parameters.

The fund follows a systematic approach to identify companies with strong price momentum and fundamental strength. The momentum investing strategy focuses on stocks that have shown consistent upward price trends and are likely to continue their positive trajectory. This approach leverages both technical and fundamental analysis to capture opportunities in stocks that demonstrate sustained momentum characteristics.

The fund is categorized as Very High Risk, making it suitable for investors with aggressive risk appetite and long-term investment horizon who can withstand market volatility in pursuit of potentially higher returns.

Fund Managers

Karthik Kumar serves as the current Fund Manager of Axis Momentum Fund. He brings over 10 years of experience in building and managing quantitative strategies for India and the Asia Pacific region.

Professional Background:

- Educational Qualifications: MBA, CFA (USA), and B.E. (Mechanical)

- Prior Experience: Portfolio Manager at SilverTree Hong Kong and Asiya Investments, where he managed USD 750 million across long-only and long-short strategies for clients including Sovereign Wealth Funds

- Current Role: Fund Manager - Equity at Axis Asset Management Company (July 2023 onwards)

Karthik Kumar currently manages 6 funds with a total AUM of ₹32,540 crores and has achieved a best 3-year return of 24.46% across his managed schemes, demonstrating his expertise in quantitative investment management.

About the Fund House (AMC)

Axis Mutual Fund is an Indian asset management company established in 2009 with its headquarters in Mumbai. The company was registered with SEBI (Securities and Exchange Board of India) in October 2009. Axis Bank holds 75% stake in the asset management company while Schroders Singapore holds the remaining 25%. Axis Bank Limited serves as the sponsor and Axis Mutual Fund Trustee Limited as the trustee.

Key Highlights:

- Total AUM: ₹3,22,860.94 crores

- Number of Schemes: 281

- Strategic Partnership: In April 2012, Schroders acquired a 25% stake in Axis Mutual Fund

The fund house offers various types of mutual fund schemes including equity funds, hybrid funds, debt funds, and more. Axis Mutual Fund has built a strong reputation for innovative investment solutions and consistent performance across different market cycles.

Should I Invest in Axis Momentum Fund?

Fund Performance:

- Latest NAV: ₹9.32 as of July 11, 2025

- AUM: ₹1,385.60 crores as of July 11, 2025

- Expense Ratio: 0.51% as of July 11, 2025

- Returns Since Inception: -6.90% CAGR

Investment Considerations:

- Minimum Investment: SIP ₹500, Lumpsum ₹100

- Exit Load: 1% for units in excess of 10% of investment if redeemed within 12 months

- Tax Implications: 20% tax on returns if redeemed within one year, 12.5% tax on returns exceeding ₹1.25 lakh after one year

The fund launched in late 2024 and being relatively new, has limited performance history. The fund shows high volatility with a standard deviation of 20.21, which aligns with its Very High Risk categorization. Investors should consider this fund only if they have a high-risk tolerance and long-term investment horizon of at least 5-7 years.

Risk Metrics:

- Sharpe Ratio: -0.72

- Sortino Ratio: -0.07

- Alpha: 9.36

FAQs

What is today's NAV of Axis Momentum Fund?

The current NAV of Axis Momentum Fund is ₹9.32 as of July 11, 2025. NAV is updated daily based on market movements.

What is the AUM of Axis Momentum Fund?

The fund has an Assets Under Management (AUM) of ₹1,385.60 crores as of July 11, 2025.

What is the expense ratio of Axis Momentum Fund?

The expense ratio of Axis Momentum Fund is 0.51% as of July 11, 2025. This represents the annual fee charged for managing your investments.

What are the returns of Axis Momentum Fund since inception?

The fund has delivered a CAGR return of -6.90% since its inception. Being a new fund launched in late 2024, it has limited performance history.

What is the minimum SIP amount to invest in Axis Momentum Fund?

The minimum SIP amount for Axis Momentum Fund is ₹500. This allows for systematic monthly investments in the fund.

How do I invest in Axis Momentum Fund?

You can invest in Axis Momentum Fund through Allvest's platform by selecting the fund, choosing SIP or lumpsum option, and completing the KYC process. Allvest provides a seamless digital investment experience.

How to start a SIP in Axis Momentum Fund?

To start a SIP through Allvest, log into your account, search for Axis Momentum Fund, select SIP option, choose your investment amount and frequency, and set up auto-debit instructions.

How do I automate an SIP in Axis Momentum Fund?

You can automate your SIP through Allvest by setting up bank mandate or UPI auto-debit. This ensures your monthly investments continue automatically without manual intervention.

How can I withdraw/redeem my investment in Axis Momentum Fund?

You can redeem your investment through Allvest's platform by placing a redemption request. Note that 1% exit load applies for units in excess of 10% of investment if redeemed within 12 months.