Welcome To myplexus.com

Fund Facts
  • Name of Fund:
    Axis Consumption
  • Opening:
    23rd August 2024
  • Closing:
    6th September 2024
  • Scheme Type:
    Open Ended Equity Sectoral/ Thematic - Consumption
  • Minimum Investment:
    Rs. 100 and in multiples of Re. 1/- thereafter
  • Plan:
    Regular and Direct
  • Options:
    Growth and IDCW
  • Entry Load:
    Not Applicable
  • Exit Road:
    1% of NAV if units are redeemed/switched out in excess of 10% of the units purchased within 12 months from the date of allotment.
  • Thereafter:
    Nil

Fund Stats

Objective

To provide long term capital appreciation from an actively managed portfolio of equity and equity related securities of companies engaged in consumption and consumption related sector or allied sectors.

  • Benchmark:

  • NIFTY CONSUMPTION

  • Fund Manager:

  • Shreyash Devalkar, Hitesh Das, Krishnaa Narayan

Asset Allocation

80-100 % Equity
upto 20% Money Market
Comparable existing schemes
Sundaram Consumption Fund 23.97(6M) 37.46(1Y)
ICICI Prudential Bharat Consumption Fund 19.41(6M) 40.32(1Y)

Fund Prognosis

Idea Distiller

Consumption theme is apparently an inviting sector for investing and so here is another one adding to the flavour.

  • Fund House AAUM:

  • Rs 29297702.89 Lakhs(as on 30th June, 2024)

  • Fund Manager:

  • Combined experience of above 12 years

Scheme DNA 4 fundamentals

  • UNIQNESS
  • RETURN
  • RISK
  • OPERABILITY

OOMP Factor

Very low. Enough schemes already exist in the category.