Axis Focused 25 Fund Growth | Mutual Fund Performance (2024)

FAQs

What happened to Axis Focused 25 Fund? ›

Axis Mutual Fund has changed the fundamental attribute of Axis Focused 25 Fund. The scheme will now be called Axis Focused Fund. The investment universe of the scheme will be changed from 25 stocks to 30 stocks investing in large, mid and smallcap stocks. The changes will be in effect from May 16, 2024.

Which is better between Axis Bluechip Fund and Axis Focused 25 Fund? - Quora. Both funds are good. However based on past performance, it is found AXIS Bluechip Fund is better one.

However, the Axis Bluechip fund is an outlier. It has consistently beaten its benchmark in the past 8 out of 10 calendar years. Only recently, that is, in 2021 and 2022, the fund has underperformed its peers and benchmark.

1. Current NAV: The Current Net Asset Value of the Axis Focused Fund as of Jun 11, 2024 is Rs 51.23 for Growth option of its Regular plan. 2. Returns: Its trailing returns over different time periods are: 23.91% (1yr), 7.72% (3yr), 12.24% (5yr) and 14.61% (since launch).

Over the past 3 to 5 years, this fund hasn't done as well as we'd like compared to a standard benchmark. However, if you are concerned about the fund's recent underperformance or if you need to access your money in the near term, you may consider exiting the fund.

In 2021, the fund fell short to perform with the benchmark and the category. 2022 was not good as the benchmark and category both gave positive returns while the fund gave negative returns. This is where it started hurting the investors. In the short term, the fund is bleeding.

Axis Mutual Fund (formally known as Axis Asset Management Company Ltd) is one of India's top 10 Asset Management Companies. It was established in 2009 and it is a joint venture between India's 3rd largest private bank, Axis Bank, and Schroder Singapore Holdings Private Limited (SSHPL).

However, the fund house is still struggling to regain its footing since allegations of front-running and price rigging surfaced in May 2022. Following Securities Exchange Board of India's (SEBI's) interim order, which highlighted irregularities within the fund house, a wave of top management exits ensued.

Should we sell Axis Mutual Fund? ›

You can continue to hold your investments in these schemes like any other equity schemes as long as they are performing well. It is true that Axis Long Term Equity Fund has been under performing for a while. This is mainly because the value investment strategy has been doing well in the market.

Despite management reshuffling, Axis Mutual Fund's equity schemes have failed to stage a comeback. Data reveals consistent underperformance since the scandal emerged, with many schemes trailing behind their benchmarks.

Natixis said it decided to shut the fund because it no longer has an ownership stake in Heebner's CGM Funds, but industry analysts said performance may have also played a role in the fund's demise. CGM Funds had been a Natixis affiliate since 1993 and it was sold mainly by financial advisers.

~Name of Axis Multicap Fund has been changed to Axis Flexi Cap Fund w.e.f. January 30, 2021.

Reach Axis Mutual Fund Customer Care by Phone

The fund house has 2 toll-free numbers – 1800-221-322 and 1800-3000-3300, on which you can give them a call during working hours. The working hours for the department are 8 am to 7 pm on Mondays through Fridays and 9 am to 6 pm on Saturdays.