Axis Momentum Fund
QuantVery HighOPEN-ENDED
- NAV as on 24 Sep 2026
- ₹8.81-1.67%1 day
- Return since launch
- -5.5%
- 52-week range
- ₹7.95 — ₹9.50
- AUM
- ₹919 Cr
Axis Momentum Fund is a Quant equity fund from Axis Mutual Fund with ₹919 Cr under management, launched in 2024. The expense ratio is 4.06% 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 -2.4% against -0.2% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | -3.2% | −6.1 pts | 2.9% | -2.5% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -2.1% | +1.6 pts | -3.7% | -3.9% |
| 3M | 1.0% | +1.8 pts | -0.7% | -1.1% |
| 6M | 5.4% | −2.6 pts | 8.0% | 5.2% |
| 1Y | -2.4% | −5.4 pts | 2.9% | -0.2% |
Since launch (22 Nov 2024): -5.5%
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
3.83%
Expense ratio as on 22 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.97%
- Brokerage
- 0.47%
- Transaction charges
- 0.00%
- Statutory levies
- 1.39%
- 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 31 Aug 2026
Asset allocation
- Equity100.7%
- Debt4.3%
Market cap split
- Large31.7%
- Mid31.2%
- Small37.1%
- P/E
- 37.28
- P/B
- 4.51
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Shriram Finance Ltd | Financial | 5.08% | ₹46.68 Cr | +8.10% | — | — |
| P N Gadgil Jewellers Ltd. | Consumer Discretionary | 4.51% | ₹41.46 Cr | — | — | — |
| RBL Bank Ltd. | Financial | 4.37% | ₹40.13 Cr | — | +3.85% | — |
| Navin Fluorine International Ltd. | Chemicals | 4.20% | ₹38.61 Cr | — | +2.89% | +2.36% |
| Laurus Labs Ltd. | Healthcare | 4.20% | ₹38.59 Cr | +0.98% | +4.44% | — |
| The Federal Bank Ltd. | Financial | 4.19% | ₹38.48 Cr | — | — | — |
| Sai Life Sciences Ltd. | Healthcare | 3.57% | ₹32.84 Cr | — | — | — |
| Craftsman Automation Ltd. | Automobile | 3.19% | ₹29.33 Cr | — | — | — |
| Apollo Hospitals Enterprise Ltd. | Healthcare | 3.17% | ₹29.14 Cr | +1.28% | — | — |
| company:6880 | Consumer Staples | 2.93% | ₹26.91 Cr | — | +2.10% | +1.65% |
| BSE Ltd. | Services | 2.91% | ₹26.75 Cr | +2.13% | — | +3.18% |
| R R Kabel Ltd. | Consumer Discretionary | 2.87% | ₹26.36 Cr | — | — | — |
| Aditya Birla Capital Ltd. | Financial | 2.85% | ₹26.20 Cr | — | +3.59% | — |
| Cummins India Ltd. | Capital Goods | 2.78% | ₹25.53 Cr | — | +2.87% | — |
| GMR Airports Ltd. | Construction | 2.70% | ₹24.81 Cr | +0.93% | +3.39% | — |
| Ather Energy Ltd. | Automobile | 2.61% | ₹24.03 Cr | — | — | — |
| Karur Vysya Bank Ltd. | Financial | 2.36% | ₹21.73 Cr | — | — | — |
| State Bank of India | Financial | 2.31% | ₹21.20 Cr | +2.80% | — | — |
| Max Healthcare Institute Ltd. | Healthcare | 2.23% | ₹20.47 Cr | +1.00% | — | — |
| CG Power and Industrial Solutions Ltd. | Capital Goods | 2.19% | ₹20.15 Cr | — | — | — |
| Fortis Healthcare Ltd. | Healthcare | 2.17% | ₹19.95 Cr | — | — | +1.59% |
| Eternal Ltd. | Services | 2.12% | ₹19.49 Cr | +1.53% | — | — |
| Billionbrains Garage Ventures Ltd. | Financial | 2.09% | ₹19.21 Cr | — | — | — |
| Bharat Forge Ltd. | Automobile | 2.06% | ₹18.94 Cr | — | — | — |
| Syrma SGS Technology Ltd. | Capital Goods | 1.95% | ₹17.96 Cr | — | +3.46% | — |
| Kei Industries Ltd. | Capital Goods | 1.87% | ₹17.22 Cr | — | — | — |
| Welspun Corp Ltd. | Metals & Mining | 1.82% | ₹16.74 Cr | — | — | — |
| company:16421 | Construction | 1.64% | ₹15.09 Cr | — | — | — |
| ICICI Bank Ltd. | Financial | 1.58% | ₹14.54 Cr | +2.25% | — | +9.08% |
| L&T Finance Ltd. | Financial | 1.40% | ₹12.84 Cr | — | +3.22% | — |
| Reliance Industries Ltd. | Energy | 1.39% | ₹12.77 Cr | +2.42% | — | — |
| Ashok Leyland Ltd. | Automobile | 1.34% | ₹12.29 Cr | — | — | — |
| Tata Motors Ltd. | Automobile | 1.28% | ₹11.78 Cr | — | — | — |
| Bharti Airtel Ltd. | Communication | 1.28% | ₹11.74 Cr | +1.62% | +6.39% | +6.81% |
| Eicher Motors Ltd. | Automobile | 1.27% | ₹11.65 Cr | +4.10% | +2.74% | +0.74% |
| Cholamandalam Investment and Finance Company Ltd. | Financial | 1.21% | ₹11.14 Cr | — | — | — |
| Bharat Heavy Electricals Ltd. | Capital Goods | 1.21% | ₹11.08 Cr | — | — | — |
| Kirloskar Oil Engines Ltd. | Capital Goods | 1.14% | ₹10.50 Cr | — | — | — |
| Siemens Ltd. | Capital Goods | 1.10% | ₹10.08 Cr | +0.99% | — | — |
| Polycab India Ltd. | Capital Goods | 1.03% | ₹9.45 Cr | — | — | — |
| Sobha Ltd. | Construction | 0.87% | ₹7.95 Cr | +0.92% | — | — |
| Prestige Estates Projects Ltd. | Construction | 0.80% | ₹7.35 Cr | — | — | — |
| company:14273 | Healthcare | 0.79% | ₹7.25 Cr | — | — | — |
| FSN E-Commerce Ventures Ltd. | Services | 0.57% | ₹5.24 Cr | — | +3.51% | +3.11% |
| Glenmark Pharmaceuticals Ltd. | Healthcare | 0.54% | ₹4.96 Cr | — | — | — |
| Reserve Bank of India | Financial | 0.54% | ₹4.96 Cr | +4.07% | — | — |
| ABB India Ltd. | Capital Goods | 0.50% | ₹4.58 Cr | — | — | — |
| Metropolis Healthcare Ltd. | Healthcare | 0.44% | ₹4.07 Cr | — | — | — |
| Others | Others | -2.82% | ₹-25.95 Cr | +25.18% | +1.04% | +8.23% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| company:6880 | 0.00% | 2.93% | +2.93% |
| Others | 4.82% | 2.09% | -2.72% |
| Sai Life Sciences Ltd. | 1.39% | 3.57% | +2.18% |
| RBL Bank Ltd. | 2.25% | 4.37% | +2.12% |
| Torrent Pharmaceuticals Ltd. | 1.98% | 0.00% | -1.98% |
| Asian Paints Ltd. | 1.81% | 0.00% | -1.81% |
| company:16421 | 0.00% | 1.64% | +1.64% |
| Navin Fluorine International Ltd. | 2.60% | 4.20% | +1.60% |
| State Bank of India | 3.74% | 2.31% | -1.44% |
| Reliance Industries Ltd. | 2.77% | 1.39% | -1.38% |
| Vodafone Idea Ltd. | 1.38% | 0.00% | -1.38% |
| ICICI Bank Ltd. | 2.89% | 1.58% | -1.31% |
| Aditya Birla Sun Life AMC Ltd. | 1.29% | 0.00% | -1.29% |
| Craftsman Automation Ltd. | 1.95% | 3.19% | +1.24% |
| Adani Energy Solutions Ltd. | 1.14% | 0.00% | -1.14% |
| Adani Ports and Special Economic Zone Ltd. | 1.14% | 0.00% | -1.14% |
| SBI Funds Management Ltd. | 1.10% | 0.00% | -1.10% |
| Blue Star Ltd. | 1.07% | 0.00% | -1.07% |
| Laurus Labs Ltd. | 3.32% | 4.20% | +0.88% |
| company:14273 | 0.00% | 0.79% | +0.79% |
| Ather Energy Ltd. | 1.87% | 2.61% | +0.75% |
| BSE Ltd. | 3.59% | 2.91% | -0.68% |
| Welspun Corp Ltd. | 1.22% | 1.82% | +0.60% |
| P N Gadgil Jewellers Ltd. | 5.04% | 4.51% | -0.53% |
| R R Kabel Ltd. | 2.48% | 2.87% | +0.39% |
| Kei Industries Ltd. | 1.59% | 1.87% | +0.29% |
| GMR Airports Ltd. | 2.95% | 2.70% | -0.25% |
| Eternal Ltd. | 1.90% | 2.12% | +0.22% |
| CG Power and Industrial Solutions Ltd. | 2.01% | 2.19% | +0.18% |
| Cummins India Ltd. | 2.92% | 2.78% | -0.15% |
| Syrma SGS Technology Ltd. | 1.81% | 1.95% | +0.14% |
| Shriram Finance Ltd | 2.22% | 2.36% | +0.14% |
| Tata Motors Ltd. | 1.16% | 1.28% | +0.12% |
| Aditya Birla Capital Ltd. | 2.74% | 2.85% | +0.11% |
| Ashok Leyland Ltd. | 1.23% | 1.34% | +0.11% |
| Bharat Heavy Electricals Ltd. | 1.10% | 1.21% | +0.10% |
| Siemens Ltd. | 1.00% | 1.10% | +0.10% |
| Karur Vysya Bank Ltd. | 2.27% | 2.36% | +0.10% |
| L&T Finance Ltd. | 1.32% | 1.40% | +0.08% |
| Bharti Airtel Ltd. | 1.35% | 1.28% | -0.08% |
| Glenmark Pharmaceuticals Ltd. | 0.47% | 0.54% | +0.07% |
| Apollo Hospitals Enterprise Ltd. | 3.11% | 3.17% | +0.06% |
| Polycab India Ltd. | 0.96% | 1.03% | +0.06% |
| Eicher Motors Ltd. | 1.21% | 1.27% | +0.06% |
| Max Healthcare Institute Ltd. | 2.28% | 2.23% | -0.06% |
| Sobha Ltd. | 0.92% | 0.87% | -0.06% |
| FSN E-Commerce Ventures Ltd. | 0.53% | 0.57% | +0.04% |
| Cholamandalam Investment and Finance Company Ltd. | 1.18% | 1.21% | +0.04% |
| Bharat Forge Ltd. | 2.10% | 2.06% | -0.04% |
| ABB India Ltd. | 0.46% | 0.50% | +0.04% |
| Fortis Healthcare Ltd. | 2.20% | 2.17% | -0.03% |
| Billionbrains Garage Ventures Ltd. | 2.06% | 2.09% | +0.03% |
| Prestige Estates Projects Ltd. | 0.77% | 0.80% | +0.03% |
| Kirloskar Oil Engines Ltd. | 1.16% | 1.14% | -0.02% |
| Reserve Bank of India | 0.52% | 0.54% | +0.02% |
| Metropolis Healthcare Ltd. | 0.43% | 0.44% | +0.01% |
| The Federal Bank Ltd. | 0.69% | 0.69% | 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 | ₹769 Cr | 2.46% | 4.2% | 5.1% | 12.8% |
 Quant Quantamental Fund | ₹1,632 Cr | 2.94% | 4.7% | 6.0% | 14.3% |
 360 ONE Quant Fund | ₹846 Cr | 2.55% | -5.5% | 2.9% | — |
 Samco Active Momentum Fund | ₹752 Cr | 3.23% | 29.5% | 9.3% | — |
 Kotak Quant Fund | ₹497 Cr | 2.26% | -2.3% | 3.4% | — |
 Nippon India Quant Fund | ₹116 Cr | 1.31% | -5.4% | 4.0% | 11.3% |
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).
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 months5.38% absolute | ₹60,000 | ₹63,228 | 5.38% | |
| 1 year−2.44% annualised | ₹1,20,000 | ₹1,18,426 | −1.31% |
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 ₹8.81 as on 24 Sep 2026.
What is the expense ratio of Axis Momentum Fund?
The expense ratio of Axis Momentum Fund is 4.06% 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 ₹3,77,445 Cr under management.