Why Axis Focused 25 MF is a worthy pick

ET Wealth collaborates with Value Research to analyse top mutual funds. We examine the key fundamentals of the fund, its portfolio and performance to help you make an informed investment decision.How the fund has performed 78200495Where the fund invests 78200505Basic facts Date of launch: 29 June 2012 Category: Equity Type: Focused AUM (as on 31 Aug 2020): Rs 11,372.39 CR Benchmark: Nifty 50 Total Return IndexWhat it costsNAV (as on 15 Sep 2020) Growth option: Rs 9.84Dividend option: Rs 16.91Minimum investment: Rs 5,000Minimum SIP amount: Rs 500Expense ratio (as on 31 Jul 2020): 2.02(%)Exit load: For units in excess of 10% of the investment,1% will be charged for redemption within 365 daysFund manager Jinesh Gopani Tenure: 4 Years, 2 monthsTop 5 sectors in portfolio (%) 78200514Top 5 stocks in portfolio (%) 78200518Recent portfolio changesNew Entrants: NAComplete Exits: Lupin (June), Endurance Technologies (July), Bharti Airtel, V-Guard Industries (Aug)Addition: Divi’s Labs, Infosys, TCS, (July & Aug), Bajaj Finance, HDFC, Motherson Sumi, Pidilite Inds (Aug)How risky is it? 78200522Source: Value ResearchShould you buy?This fund runs a focused approach, comprising a compact portfolio of the fund manager’s highest conviction bets. It features a distinct large-cap bias with the fund manager comfortable paying a premium for the select stocks that fit within its strict quality and growth framework. Fund size has grown sharply in past year and half, which may be a concern for a fund with a focused mandate. However, for now its large-cap tilt has ensured that the fund remains true to its label. Despite its focused approach, the fund has offered superior downside protection relative to index, owing to its preference for high quality. In the hands of its current fund manager, it has emerged a worthy pick.

from Economic Times https://ift.tt/2FVUbCe