Based on trailing returns, the scheme has offered 13.88% returns in 10 years, 12.65% in seven years, 8.33% returns in five years, 15.01% in three years, and 11.46% in one year. During the same period the benchmark (Nifty 500 – TRI) offered 15.29%, 14.42%, 12.97%, 24.71%, and 21.77% return respectively. That means the scheme has failed to beat its benchmark in all these key horizons. Note, the double-digit trailing returns might appear good, but it doesn’t say that the scheme failed to brag its benchmark.
Based on yearly returns, the scheme failed to beat its benchmark in four years in the last 10 years (in 2014, 2016, 2021, and 2022). It outperformed its benchmark in 2013, 2015, 2017, 2018, 2019, 2020.
Among 13 focused fund schemes that have completed 10 years, Axis Focused 25 Fund is ranked 12 among its peers and offered 13.88% returns. Axis Focused 25 Fund ranked 10 among 14 focused fund schemes that have completed seven years, and offered 12.65% returns. The scheme ranked 15 amongst 16 focused fund schemes that have completed five years and offered 8.33% returns. Among 25 focused fund schemes that have completed one year, Axis Focused 25 Fund ranked 25 and offered 11.46% return.
If someone invested a lumpsum of Rs 1,000 in the fund when it was launched, the investment would have become just Rs 4,123 in 11 years. A monthly SIP made in the fund for a period of 10 years would have offered 11.96% returns. In the seven- year horizon, the scheme offered XIRR return of around 10.36%. In the five-year horizon, the scheme offered XIRR returns of around 9.59%. In the three-year horizon, the scheme has offered 6.18% SIP returns. An SIP investment would have offered 12.37% returns since inception.The portfolio of the fund is diversified across 23 stocks, with top 10 stocks accounting for 59.87%. As on May 31, the fund has 83.43% allocation to equity, 0.98% in debt, and 15.57% in others which include cash and cash equivalents. The scheme is primarily large cap oriented with Bajaj Finance, Avenue Supermarts, Tata Consultancy Services and Pidilite Industries as the top holdings.As per the scheme information document with data as on March 31, 2023, the scheme has 10,29,775 folios.
Axis Focused 25 Fund is an open ended equity scheme investing in maximum 25 stocks investing in large cap, mid cap and small cap companies. The scheme follows a bottom up stock selection approach. Focused funds are meant for aggressive investors as they have very high risk because of their concentrated portfolio.
