Never miss a great news story!
Get instant notifications from Economic Times
AllowNot now


You can switch off notifications anytime using browser settings.
11,856.80-80.7
Stock Analysis, IPO, Mutual Funds, Bonds & More

Axis Focused 25 Fund: Fund review

One of the key aspects of the scheme is its ability to perform well in almost all market cycles in the past three years. It has been a consistent outperformer.

, ET Bureau|
Updated: Nov 12, 2019, 09.53 AM IST
0Comments
Getty Images
GettyImages-859500872
Investors having conviction in a concentrated portfolio can consider Axis Focused 25, which has done fairly well in almost all market cycles owing to its high exposure to just bluechip and large-sized companies. One of the key aspects of the scheme is its ability to perform well in almost all market cycles in the past three years. It has been a consistent outperformer.

Fund manager Jinesh Gopani has been able to select timely bets which have paid off. He has selected companies which have a high visibility of earnings, good dividend paying records, well-managed balance sheets and close to dominant position in their respective sectors. A few prominent companies are Larsen & Tourbro and Eicher Motors. Around 75% of the scheme’s portfolio is made up of blue-chips and large-sized companies, which is a good shield in times of high volatility.

In the past five-year and seven-year periods, the scheme has given 13% and 15% returns, respectively, while its peers have given average returns of 8% and 13%, respectively, over the same periods.

Portfolio change (past six months)
New entrants Complete exits Increase in allocation
Divis Laboratories Gruh Finance Bandhan Bank
Eicher Motors Larsen & Toubro
Tech Mahindra

Returns (in %)
Period CAGR SIP CAGR Return Diversified Large Cap -
Avg CAGR
1 Year 18.88 15.64 12.63
3 Year 15.85 15.19 9.72
5 Year 13.44 29.10 9.04

Returns - peer comparison (in %)
Scheme 1-year 3-year 5-year
IIFL Focused Equity Plan 26.62 11.68 11.35
Motilal Oswal Multicap 35 Fund 12.23 9.42 13.75
Parag Parikh Long Term Equity Fund 15.60 12.63 12.02

Expert Take
Harshvardhan Roongta, CFP, Roongta Securities

Axis Mutual Fund as a fund house has been one of the top performers in recent times. It has demonstrated that it can handle market volatility very well. This scheme in particular has been consistently outperforming its benchmark and peers across all time horizons. Investors seeking higher alpha and willing to take slightly higher risks can invest in this scheme.

Also Read

Canara Robeco Emerging Equities Fund: Fund review

Kotak Emerging Equity Fund: Fund review

Kotak World Gold Fund: Fund review

Kotak World Gold Fund: Fund review

Axis Focused 25 Fund: Fund review

Comments
Add Your Comments
Commenting feature is disabled in your country/region.
Download The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.

Other useful Links


Follow us on


Download et app


Copyright © 2019 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service