Axis Momentum Fund
QuantVery HighOPEN-ENDED
- NAV as on 9 Nov 2026
- ₹8.95+1.36%1 day
- Return since launch
- -5.9%
- 52-week range
- ₹7.95 — ₹9.50
- AUM
- ₹816 Cr
Axis Momentum Fund is a Quant equity fund from Axis Mutual Fund with ₹816 Cr under management, launched in 2024. The expense ratio is 3.61% and the SEBI riskometer reading is Very High.
Performance
Axis Momentum Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned -4.3% against -0.3% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 0.6% | −1.2 pts | 1.8% | 2.0% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 3.6% | −0.9 pts | 4.5% | 5.4% |
| 3M | -1.1% | +1.5 pts | -2.6% | -2.5% |
| 6M | 1.4% | −1.1 pts | 2.5% | 1.6% |
| 1Y | -4.1% | −5.9 pts | 1.8% | -0.1% |
Since launch (22 Nov 2024): -5.9%
Calendar-year returns
Category average-4.7%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | -4.7% | −7.4 pts | 2.7% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
3.43%
Expense ratio as on 5 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.98%
- Brokerage
- 0.36%
- Transaction charges
- 0.00%
- Statutory levies
- 1.09%
- Exit load
- For units in excess of 10% of the investment 1% will be charged for redemption within 12 Months
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY 500 TRI
- Short-term capital gains
- Returns taxed at 20% if you redeem before 1 year
- Long-term capital gains
- After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Very High
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
Portfolio
Axis Momentum Fund portfolio
Portfolio as of 30 Sep 2026
Asset allocation
- Equity98.2%
- Debt3.0%
Market cap split
- Large27.5%
- Mid30.2%
- Small42.3%
- P/E
- 34.35
- P/B
- 4.08
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| RBL Bank Ltd. | Financial | 5.06% | ₹42.55 Cr | +2.18% | +4.04% | — |
| P N Gadgil Jewellers Ltd. | Consumer Discretionary | 4.98% | ₹41.90 Cr | +2.04% | — | — |
| Laurus Labs Ltd. | Healthcare | 4.74% | ₹39.90 Cr | +2.30% | +4.34% | +3.15% |
| Navin Fluorine International Ltd. | Chemicals | 4.36% | ₹36.69 Cr | +2.61% | +3.30% | +2.34% |
| The Federal Bank Ltd. | Financial | 4.09% | ₹34.41 Cr | +1.29% | — | — |
| Sai Life Sciences Ltd. | Healthcare | 4.08% | ₹34.30 Cr | +1.29% | — | — |
| CG Power and Industrial Solutions Ltd. | Capital Goods | 3.89% | ₹32.70 Cr | +4.37% | — | — |
| Craftsman Automation Ltd. | Automobile | 3.24% | ₹27.29 Cr | +1.85% | — | — |
| Radico Khaitan Ltd. | Consumer Staples | 3.11% | ₹26.20 Cr | — | +1.95% | +1.67% |
| GMR Airports Ltd. | Construction | 3.00% | ₹25.21 Cr | +2.22% | +3.31% | — |
| BSE Ltd. | Services | 3.00% | ₹25.20 Cr | +3.75% | — | +3.11% |
| Aditya Birla Capital Ltd. | Financial | 2.90% | ₹24.36 Cr | +2.13% | +3.53% | — |
| Welspun Corp Ltd. | Metals & Mining | 2.75% | ₹23.09 Cr | +1.11% | — | — |
| R R Kabel Ltd. | Consumer Discretionary | 2.69% | ₹22.67 Cr | +2.25% | — | — |
| Syrma SGS Technology Ltd. | Capital Goods | 2.65% | ₹22.29 Cr | +1.82% | +3.44% | +1.77% |
| Shriram Finance Ltd | Financial | 2.63% | ₹22.11 Cr | +2.25% | +0.48% | — |
| Karur Vysya Bank Ltd. | Financial | 2.41% | ₹20.30 Cr | +1.54% | — | — |
| Ather Energy Ltd. | Automobile | 2.37% | ₹19.94 Cr | +0.48% | — | — |
| State Bank of India | Financial | 2.28% | ₹19.19 Cr | +5.44% | +0.48% | — |
| Eternal Ltd. | Services | 2.26% | ₹19.01 Cr | +1.64% | — | — |
| Max Healthcare Institute Ltd. | Healthcare | 2.17% | ₹18.26 Cr | +1.18% | — | — |
| Bharat Forge Ltd. | Automobile | 2.06% | ₹17.33 Cr | +1.57% | — | — |
| Lodha Developers Ltd. | Construction | 1.68% | ₹14.13 Cr | — | — | — |
| company:6237 | Healthcare | 1.66% | ₹14.00 Cr | — | — | +1.80% |
| Billionbrains Garage Ventures Ltd. | Financial | 1.64% | ₹13.79 Cr | +2.11% | — | — |
| ICICI Bank Ltd. | Financial | 1.57% | ₹13.22 Cr | +2.73% | — | +8.78% |
| Cummins India Ltd. | Capital Goods | 1.41% | ₹11.90 Cr | +2.95% | +2.95% | — |
| Reliance Industries Ltd. | Energy | 1.41% | ₹11.87 Cr | +2.70% | — | — |
| Kirloskar Oil Engines Ltd. | Capital Goods | 1.37% | ₹11.52 Cr | +1.23% | — | — |
| Bharti Airtel Ltd. | Communication | 1.35% | ₹11.38 Cr | +2.69% | +7.02% | +6.66% |
| Kei Industries Ltd. | Capital Goods | 1.32% | ₹11.14 Cr | +1.70% | — | — |
| Ashok Leyland Ltd. | Automobile | 1.28% | ₹10.79 Cr | +1.15% | +0.42% | — |
| L&T Finance Ltd. | Financial | 1.26% | ₹10.60 Cr | — | +1.61% | — |
| Bharat Heavy Electricals Ltd. | Capital Goods | 1.26% | ₹10.58 Cr | +1.14% | — | — |
| Tata Motors Ltd. | Automobile | 1.25% | ₹10.54 Cr | +1.10% | — | — |
| Eicher Motors Ltd. | Automobile | 1.24% | ₹10.44 Cr | +1.11% | +2.61% | — |
| Cholamandalam Investment and Finance Company Ltd. | Financial | 1.16% | ₹9.72 Cr | +1.12% | — | — |
| Siemens Ltd. | Capital Goods | 1.11% | ₹9.31 Cr | +0.94% | — | — |
| Polycab India Ltd. | Capital Goods | 0.95% | ₹8.03 Cr | +1.04% | — | — |
| Sobha Ltd. | Construction | 0.92% | ₹7.74 Cr | +0.91% | — | — |
| Prestige Estates Projects Ltd. | Construction | 0.79% | ₹6.67 Cr | — | — | — |
| Thyrocare Technologies Ltd. | Healthcare | 0.76% | ₹6.41 Cr | — | — | — |
| Reserve Bank of India | Financial | 0.59% | ₹4.98 Cr | +0.52% | — | — |
| FSN E-Commerce Ventures Ltd. | Services | 0.57% | ₹4.80 Cr | +0.49% | +3.60% | — |
| Glenmark Pharmaceuticals Ltd. | Healthcare | 0.56% | ₹4.67 Cr | +0.46% | — | — |
| ABB India Ltd. | Capital Goods | 0.48% | ₹4.07 Cr | +0.44% | — | — |
| Metropolis Healthcare Ltd. | Healthcare | 0.45% | ₹3.78 Cr | — | — | — |
| Others | Others | -0.57% | ₹-4.76 Cr | +3.20% | +2.09% | +6.88% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Apollo Hospitals Enterprise Ltd. | 3.17% | 0.00% | -3.17% |
| Fortis Healthcare Ltd. | 2.17% | 0.00% | -2.17% |
| company:6237 | 0.00% | 1.66% | +1.66% |
| Others | 2.09% | 0.67% | -1.42% |
| Cummins India Ltd. | 2.78% | 1.41% | -1.36% |
| Welspun Corp Ltd. | 1.82% | 2.75% | +0.92% |
| Syrma SGS Technology Ltd. | 1.95% | 2.65% | +0.70% |
| RBL Bank Ltd. | 4.37% | 5.06% | +0.69% |
| Kei Industries Ltd. | 1.87% | 1.32% | -0.55% |
| Laurus Labs Ltd. | 4.20% | 4.74% | +0.54% |
| CG Power and Industrial Solutions Ltd. | 2.19% | 1.65% | -0.54% |
| Sai Life Sciences Ltd. | 3.57% | 4.08% | +0.50% |
| P N Gadgil Jewellers Ltd. | 4.51% | 4.98% | +0.47% |
| Billionbrains Garage Ventures Ltd. | 2.09% | 1.64% | -0.45% |
| GMR Airports Ltd. | 2.70% | 3.00% | +0.30% |
| Shriram Finance Ltd | 2.36% | 2.63% | +0.27% |
| Ather Energy Ltd. | 2.61% | 2.37% | -0.24% |
| Kirloskar Oil Engines Ltd. | 1.14% | 1.37% | +0.23% |
| Radico Khaitan Ltd. | 2.93% | 3.11% | +0.19% |
| R R Kabel Ltd. | 2.87% | 2.69% | -0.17% |
| Navin Fluorine International Ltd. | 4.20% | 4.36% | +0.16% |
| Eternal Ltd. | 2.12% | 2.26% | +0.14% |
| L&T Finance Ltd. | 1.40% | 1.26% | -0.14% |
| BSE Ltd. | 2.91% | 3.00% | +0.09% |
| Bharti Airtel Ltd. | 1.28% | 1.35% | +0.08% |
| Polycab India Ltd. | 1.03% | 0.95% | -0.07% |
| Cholamandalam Investment and Finance Company Ltd. | 1.21% | 1.16% | -0.06% |
| Max Healthcare Institute Ltd. | 2.23% | 2.17% | -0.06% |
| Ashok Leyland Ltd. | 1.34% | 1.28% | -0.05% |
| Sobha Ltd. | 0.87% | 0.92% | +0.05% |
| Reserve Bank of India | 0.54% | 0.59% | +0.05% |
| Craftsman Automation Ltd. | 3.19% | 3.24% | +0.05% |
| Bharat Heavy Electricals Ltd. | 1.21% | 1.26% | +0.05% |
| Karur Vysya Bank Ltd. | 2.36% | 2.41% | +0.05% |
| Aditya Birla Capital Ltd. | 2.85% | 2.90% | +0.05% |
| Lodha Developers Ltd. | 1.64% | 1.68% | +0.04% |
| Tata Motors Ltd. | 1.28% | 1.25% | -0.03% |
| Thyrocare Technologies Ltd. | 0.79% | 0.76% | -0.03% |
| Eicher Motors Ltd. | 1.27% | 1.24% | -0.03% |
| State Bank of India | 2.31% | 2.28% | -0.03% |
| Reliance Industries Ltd. | 1.39% | 1.41% | +0.02% |
| Glenmark Pharmaceuticals Ltd. | 0.54% | 0.56% | +0.02% |
| ABB India Ltd. | 0.50% | 0.48% | -0.02% |
| Siemens Ltd. | 1.10% | 1.11% | +0.01% |
| ICICI Bank Ltd. | 1.58% | 1.57% | -0.01% |
| Metropolis Healthcare Ltd. | 0.44% | 0.45% | +0.01% |
| Prestige Estates Projects Ltd. | 0.80% | 0.79% | -0.01% |
| The Federal Bank Ltd. | 0.69% | 0.69% | 0.00% |
| Bharat Forge Ltd. | 2.06% | 2.06% | 0.00% |
| FSN E-Commerce Ventures Ltd. | 0.57% | 0.57% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹669 Cr | 2.54% | 7.8% | 5.6% | 12.3% |
 Quant Quantamental Fund | ₹1,547 Cr | 2.75% | 8.6% | 6.5% | 14.1% |
 Samco Active Momentum Fund | ₹775 Cr | 3.40% | 21.2% | 6.8% | — |
 360 ONE Quant Fund | ₹751 Cr | 2.45% | -1.8% | 2.6% | — |
 ICICI Prudential Quant Fund | ₹164 Cr | 2.83% | 6.3% | 5.9% | 10.4% |
 Nippon India Quant Fund | ₹108 Cr | 1.27% | 4.8% | 6.1% | 12.3% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The Scheme seeks to provide long-term capital growth from an actively managed diversified portfolio of equity & equity-related securities of companies that exhibit strong momentum. The selection of securities will be based on a quantitative model that will aim to maximize momentum exposure based on various parameter.
Fund managers
- Nandik MallikMr. Mallik holds B.Tech degree and has also done PGDM (IIM Calcutta) and MS- Finance (London Business School).Prior to joining the Axis MF, he was working with Avendus Capital Public Markets Alternate Strategies LLP, ICICI Prudential Asset Management Company Ltd, Edelweiss AMC, DC India Capital, Credit-Suisse (London), BNP Paribas (London), NM Rothschild (Mumbai) and Fair Isaac (Bangalore).
- Pratik TibrewalMr. Tibrewal is a B.Com, LLB (Gen) and MBA (Finance).Prior to joining Axis Mutual Fund, he has worked with Inditrade Capital Ltd., Edelweiss Mutual Fund and Edelweiss Commodities trading Ltd..
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
₹
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months1.36% absolute | ₹60,000 | ₹60,816 | 1.36% | |
| 1 year−4.07% annualised | ₹1,20,000 | ₹1,17,387 | −2.18% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.
What is the NAV of Axis Momentum Fund?
The NAV of Axis Momentum Fund is ₹8.95 as on 9 Nov 2026.
What is the expense ratio of Axis Momentum Fund?
The expense ratio of Axis Momentum Fund is 3.61% per year.
What is the minimum SIP amount for Axis Momentum Fund?
You can start a SIP in Axis Momentum Fund with ₹3,000 a month.
Is there a lock-in or exit load on Axis Momentum Fund?
Lock-in: None. Exit load: For units in excess of 10% of the investment 1% will be charged for redemption within 12 Months.
How risky is Axis Momentum Fund?
Axis Momentum Fund is rated Very High on the SEBI riskometer and belongs to the Quant category.
Which fund house manages Axis Momentum Fund?
Axis Momentum Fund is managed by Axis Mutual Fund, which runs 74 schemes with ₹3,91,554 Cr under management.