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Axis Services Opportunities

Axis Services Opportunities

All Cap
Consumption
Equity
India Growth
Others
Emotionally driven
Investor Profile
1–7 yearsInvestment Horizon
HNI, UHNI, Retail Investor, Mass AffluentTarget Segments
SEBI registered equity mutual fund suitable for all investor categoriesRegulatory Fit
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Axis Services Opportunities Fund Growth Option focuses on Indian consumer and retail companies for growth.

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What This Strategy Does

Axis Services Opportunities Reg Gr is an equity fund which captures India's ₹50 trillion financialization and consumption opportunity through a concentrated portfolio deploying capital across financials, healthcare, and consumer cyclicals to achieve broad-based earnings growth.

CW Expert Research Notes

Performance and Risk Analysis

Historical returns, volatility patterns, and how this fund has performed relative to its benchmark.

Fund Performance

Fund Performance

0.0% AnnuallyAlpha
+0.0% vs +0.0% benchmarkSince Inception
+0.0% vs +0.0% benchmark3Y Annualized
+0.0% vs +0.0% benchmark5Y Annualized
Axis Services Opportunities
Benchmark Index
Fund Performance

Benchmark Performance Comparison

Axis Services Opportunities Fund
NIFTY 50
Given the product’s limited performance history, the assessment considers the fund house’s track record and the historical performance of comparable strategies managed by the same fund house, which follow similar investment approaches. Such comparisons provide historical context only and do not represent the performance of the new product or indicate its future returns.
Risk Profile

Risk Profile

Standard Deviation17.7%
Sharpe Ratio-0.10

Detailed Risks

Market Risk

Potential recession in India could dampen services demand, impacting earnings.

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

Strategy Details

A closer look at the investment thesis, portfolio construction, and current holdings.

Core Investment Theme

Core Investment Theme

Captures India's services sector growth by investing in companies benefiting from rising domestic consumption and global outsourcing trends. This theme provides exposure to resilient businesses with long runways for expansion, driven by favorable demographics and cost advantages.

Broader Market View

Market Outlook

The global economic recovery remains uneven, with inflationary pressures persisting. Central banks are normalizing policies to combat inflation, creating volatility. Opportunities exist in quality companies with pricing power.

Why This Strategy is Attractive Now

This strategy focuses on companies with strong fundamentals, competitive advantages, and the ability to pass on costs. It aims to provide a degree of inflation protection and resilience during market turbulence.

Investment Style & Process

Investment Style

The portfolio exhibits characteristics of a Quality Growth strategy, emphasizing companies with durable competitive advantages, consistent earnings growth, and reasonable valuations relative to their long-term potential.

Why it Makes Sense

In the current environment of moderating economic growth and elevated uncertainty, a Quality Growth approach focused on companies with pricing power, recurring revenue streams, and strong balance sheets can provide a degree of defensiveness while participating in secular growth opportunities.

High-Level Investment Process

Sourcing: The strategy appears to source investment ideas from a broad universe of companies across market capitalizations, favoring those with sustainable competitive advantages, strong management teams, and attractive growth runways. Selection: The selection process suggests a preference for companies with consistent profitability, healthy balance sheets, and the ability to compound earnings at above-average rates over an extended period. Valuation discipline is also a consideration, with an emphasis on companies trading at reasonable multiples relative to their growth prospects. Construction: The portfolio construction process is consistent with a diversified, conviction-weighted approach, with the top holdings representing the highest-conviction ideas while maintaining a balanced exposure across sectors and market capitalizations to manage risk.
Portfolio Holdings Overview

Portfolio Holdings Overview

SectoralAllocation
Services21.92%
Consumers22.36%
Financial Services46.34%
Technology5.38%
Capital Goods3.99%

Geographic Allocation

Domestic100%
Top Stock Holdings

Top Stock Holdings

CompanySectorAllocation
ICICI Bank LtdFinancial Services8.72%
Eternal LtdConsumers8.36%
PB Fintech LtdFinancial Services5.05%
Bajaj Finance LtdFinancial Services4.93%
Apollo Hospitals Enterprise LtdServices4.82%
HDFC Bank LtdFinancial Services4.61%
Fortis Healthcare LtdServices4.57%
Bharti Airtel LtdServices4.26%
Indian Hotels Co LtdConsumers4.22%
Cholamandalam Investment and Finance Co LtdFinancial Services3.97%

Fund House Management

The asset management company’s track record, AUM scale, and fund manager credentials.

Fund Manager Track Record

Fund Manager Track Record

KN

Krishnamurthy Narayanan

Lead Portfolio Manager

Krishnamurthy Narayanan has experience of 30 years. Manages 6 funds at Axis Asset Management Company Limited with an AUM of approximately ₹3,718 Cr

SR
Sachin Relekar
Co-Portfolio Manager

Mr. Sachin Relekar has experience of 25 years. Manages 18 funds at Axis Asset Management Company Limited with an AUM of approximately ₹15,690 Cr Holds a MMS degree.

CW Expert Take
CW Expert Take

Axis AMC operates with entrepreneurial agility despite institutional backing. Their investment philosophy emphasizes quality compounding in equities and prudent credit selection in debt. The fund house has built focused expertise rather than chasing asset gathering, resulting in concentrated portfolios with high-conviction ideas.

Team

54 years

Combined Team Experience

AUM

₹ 19,408 Cr

Assets Under Management

Firm OverviewFirm Overview

AMCAxis Asset Management Company Limited
Total AUM₹3,61,984.16 Cr

Investment Philosophy & Approach

Disciplined Approach

Disciplined Approach

Axis AMC follows a disciplined investment approach focused on rigorous research.

Risk Management

Risk Management

Risk management is embedded in the investment process through robust controls.

Long-Term Perspective

Long-Term Perspective

The fund house maintains a long-term perspective in portfolio construction.

Operational & Regulatory Details

What it costs to invest, transaction mechanics, and regulatory disclosures you should know.

iconCosts and Fees

Total Expense Ratio (TER)2.16%

iconRegulatory & Tax Information

INF846KA1135
verified
ISIN
DailyDealing Frequency

LTCG | >1Year 12.5%% on gain above 1.25 Lakh

STCG | <1Year 20%%

Tax Implications (India)
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