DSIJ Mindshare

Axis Focused 25 - a unique strategy fund

Mutual funds are bought by investors for their diversified nature and usually hold more than 50 to 60 stocks in the fund. To focus on 25 top picks and bet on limited number of stocks is a bold move for any mutual fund manager.
 
MOST focused is another fund with similar strategy and the performance for Axis focused fund can be compared with MOST focused 25. 

Axis Focused fund is a fund which is meant for those investors who believe in concentration strategy. The fund has Rs 313 crore assets under management and is managed by Sudhanshu Astana. The returns over a 6 month period for the fund have been 18.5 per cent. Over a 1 year period the fund has delivered 6.5 per cent returns. Over 2 years and 3 years period the annualised returns for the fund have been 14.3 per cent and 18.8 per cent respectively. The expense ratio for the fund is 2.45 per cent. The fund has displayed good risk adjusted performance and the following sectors have been top three favourites with the fund manager, viz., Financials, Automobiles and Consumer Services. HDFC Bank , Sun Pharma, Tata Motors are the top three picks of the fund. The fund is primarily a Large-cap fund.

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