MF Gyan
otherModerate risk9 years oldAccelerating recently (last 6m ≈ 33% p.a.)

Axis Equity Advantage Fund - Series 1 - Direct Plan - Growth Option

A specialised fund. Check the scheme details for what it invests in. From Axis Mutual Fund. It's been running since 30 May 2017.

Latest price per unit
₹18.07
▲ 0.00% today
As of 30 Sep 2021 · updated once each business day

What ₹1 lakh would have become

Based on past returns
Invested 1 year ago
₹1.41 L
▲ ₹40.8k gain · 40.8% / year
Invested 3 years ago
₹1.59 L
▲ ₹59.5k gain · 16.8% / year

These are calculations from the fund's past prices, not a prediction. Real future returns can and often do differ.

SIP simulator

Play with a monthly investment

Slide the amount and switch the duration. Left column uses real past prices. Right column projects forward using this fund's historical rate — a calculation, not a prediction.

₹5.0k
Looking back · real
You would have invested₹1.80 L
Value today₹2.50 L
Gain / loss+₹70.1k
XIRR (annualised)22.59%
Looking forward · hypothetical
You would invest₹1.80 L
Would become*₹2.59 L
Projected gain*+₹79.0k
*at this fund's historical rate of 22.59% per year. Actual future returns can be different — sometimes very different.
Value Cumulative invested
Reality check. The backward SIP is real math on real past NAVs. The forward projection assumes the fund keeps up its historical rate — which rarely happens exactly. Past performance is not a promise. MF Gyan does not recommend any specific investment.
How it compares to peers

Vs 260 other funds in Growth

Same plan
1-year return
40.77%median 11.33% (+29.44%)
Rank #54 of 261Beats 79% of peers
3-year return
16.83%median 8.79% (+8.04%)
Rank #55 of 261Beats 72% of peers
Bumpiness (3Y)
11.97%median 18.29% (-6.33%)
Rank #24 of 261Less risky than 91% of peers
Worst-ever drop
-18.89%median -35.16% (+16.27%)
Rank #221 of 261Less risky than 15% of peers

Descriptive rankings within the same category and plan. Not a recommendation — one fund beating another historically does not mean it will continue to do so.

Year by year

Calendar-year returns. 5 of last 5 years were positive.

+11%
2017
+5%
2018
+14%
2019
+16%
2020
+18%
2021
Best year
2021 · 18.18%
Worst year
2018 · 4.72%

Price over time

How the per-unit price has moved. Tap a range to zoom in.

Bumpiness & worst drops

Day-to-day bumpiness
12.0%

The value swings roughly 12% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-18.89%

A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.

Similar funds you might want to look at

Same category, same plan, sorted by 3-year return. Not recommendations — just neighbours.

Head-to-head comparisons

Side-by-side comparisons of Axis Equity Advantage Fund - Series 1 - Direct Plan - Growth Option against other other funds.

Technical details (for the pros)
CAGR — 1 year40.77%
CAGR — 3 years16.83%
CAGR — 5 years—
CAGR — since launch14.64%
Volatility — 1 year (annualised)10.43%
Volatility — 3 years (annualised)11.97%
Max drawdown — 1 year-4.79%
Max drawdown — 3 years-18.89%
Sharpe ratio — 1 year (rf=6%)2.77
Sharpe ratio — 3 years (rf=6%)0.84

Fund info

Fund house
Axis Mutual Fund
Category
Growth
Plan
Direct
Option
Growth
ISIN (Growth)
—
ISIN (Div re-invest)
—
Fund code
141369
First price on record
30 May 2017 · 1,071 daily prices

About Axis Equity Advantage Fund - Series 1 - Direct Plan - Growth Option

Axis Equity Advantage Fund - Series 1 - Direct Plan - Growth Option is a Growth offered by Axis Mutual Fund under the Direct plan with the Growth option. It has approximately 9 years of NAV track record. The fund falls in the other category — A specialised fund. Check the scheme details for what it invests in.

The current NAV of Axis Equity Advantage Fund - Series 1 - Direct Plan - Growth Option is ₹18.0700 (as of 30 Sep 2021). Historically, it has delivered 40.73% over the last year, 16.83% CAGR over 3 years. Returns are historical and don't predict future performance.

Over the last three years, the fund's prices have moved with 12.0% annualised volatility — a "moderate" level of bumpiness; its deepest peak-to-trough fall on record was 18.9%. Being mentally prepared for drawdowns of this size is what separates long-term investors from reactive traders.

Frequently asked

What is the latest NAV of Axis Equity Advantage Fund - Series 1 - Direct Plan - Growth Option?+

The latest NAV of Axis Equity Advantage Fund - Series 1 - Direct Plan - Growth Option is ₹18.0700 as of 30 Sep 2021, up 0.00% from the previous day. NAV is updated once a business day after the market close.

What are the returns of Axis Equity Advantage Fund - Series 1 - Direct Plan - Growth Option?+

Axis Equity Advantage Fund - Series 1 - Direct Plan - Growth Option has delivered 1-year return 40.73%, 3-year CAGR 16.83%, since-inception CAGR 14.64%. Returns are historical and don't predict future performance — markets move in cycles.

What category does Axis Equity Advantage Fund - Series 1 - Direct Plan - Growth Option belong to?+

Axis Equity Advantage Fund - Series 1 - Direct Plan - Growth Option is categorised as Growth. A specialised fund. Check the scheme details for what it invests in.

How risky is Axis Equity Advantage Fund - Series 1 - Direct Plan - Growth Option?+

Based on its 3-year annualised volatility of 12.0%, Axis Equity Advantage Fund - Series 1 - Direct Plan - Growth Option sits in the "moderate" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.

Is Axis Equity Advantage Fund - Series 1 - Direct Plan - Growth Option a direct plan?+

Axis Equity Advantage Fund - Series 1 - Direct Plan - Growth Option is a Direct plan (no distributor commission — lower expense ratio) with the Growth option (all returns compound within the fund, no interim payouts).

How old is Axis Equity Advantage Fund - Series 1 - Direct Plan - Growth Option?+

Axis Equity Advantage Fund - Series 1 - Direct Plan - Growth Option has NAV history available from 30 May 2017 — approximately 9 years of track record and 1,071 daily NAV observations.

Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.