MF Gyan
sectorHigh risk2 year old

Axis Momentum Fund - Direct Plan - Growth Option

Invests only in one industry or theme (like banking, pharma, tech). Highly concentrated — bigger swings. From Axis Mutual Fund. It's been running since 18 Dec 2024.

This fund is under 3 years old — its short track record makes comparing to peers or judging consistency less reliable.
Latest price per unit
₹9.18
▼ 0.54% today
As of 4 Sep 2026 · updated once each business day

What ₹1 lakh would have become

Based on past returns
Invested 1 year ago
₹1.01 L
▲ ₹1.2k gain · 1.2% / 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₹60.0k
Value today₹60.5k
Gain / loss+₹488
XIRR (annualised)1.75%
Looking forward · hypothetical
You would invest₹60.0k
Would become*₹60.6k
Projected gain*+₹573
*at this fund's historical rate of 1.75% 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 109 other funds in Equity Schemes - Thematic Fund

Same plan
1-year return
1.21%median 6.58% (-5.37%)
Rank #64 of 110Beats 34% of peers
Bumpiness (3Y)
16.85%median 15.76% (+1.08%)
Rank #66 of 110Less risky than 38% of peers
Worst-ever drop
-21.52%median -22.78% (+1.26%)
Rank #60 of 110Less risky than 45% 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. 0 of last 3 years were positive.

-1%
2024
-4%
2025
-3%
2026
Best year
2024 · -1.01%
Worst year
2025 · -3.75%

Price over time

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

Bumpiness & worst drops

Day-to-day bumpiness
16.8%

The value swings roughly 17% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-21.52%

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 Momentum Fund - Direct Plan - Growth Option against other sector funds.

Technical details (for the pros)
CAGR — 1 year1.21%
CAGR — 3 years—
CAGR — 5 years—
CAGR — since launch-4.37%
Volatility — 1 year (annualised)15.33%
Volatility — 3 years (annualised)16.85%
Max drawdown — 1 year-15.87%
Max drawdown — 3 years-21.52%
Sharpe ratio — 1 year (rf=6%)-0.31
Sharpe ratio — 3 years (rf=6%)-0.62

Fund info

Fund house
Axis Mutual Fund
Category
Equity Schemes - Thematic Fund
Plan
Direct
Option
Growth
ISIN (Growth)
INF846K011Z9
ISIN (Div re-invest)
—
Fund code
153083
First price on record
18 Dec 2024 · 430 daily prices

About Axis Momentum Fund - Direct Plan - Growth Option

Axis Momentum Fund - Direct Plan - Growth Option is a Equity Schemes - Thematic Fund offered by Axis Mutual Fund under the Direct plan with the Growth option. It has approximately 2 year of NAV track record. The fund falls in the sector category — Invests only in one industry or theme (like banking, pharma, tech). Highly concentrated — bigger swings.

The current NAV of Axis Momentum Fund - Direct Plan - Growth Option is ₹9.1800 (as of 4 Sep 2026). Historically, it has delivered 1.21% over the last year. Returns are historical and don't predict future performance.

Over the last three years, the fund's prices have moved with 16.8% annualised volatility — a "high" level of bumpiness; its deepest peak-to-trough fall on record was 21.5%. 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 Momentum Fund - Direct Plan - Growth Option?+

The latest NAV of Axis Momentum Fund - Direct Plan - Growth Option is ₹9.1800 as of 4 Sep 2026, down 0.54% from the previous day. NAV is updated once a business day after the market close.

What are the returns of Axis Momentum Fund - Direct Plan - Growth Option?+

Axis Momentum Fund - Direct Plan - Growth Option has delivered 1-year return 1.21%, since-inception CAGR -4.37%. Returns are historical and don't predict future performance — markets move in cycles.

What category does Axis Momentum Fund - Direct Plan - Growth Option belong to?+

Axis Momentum Fund - Direct Plan - Growth Option is categorised as Equity Schemes - Thematic Fund. Invests only in one industry or theme (like banking, pharma, tech). Highly concentrated — bigger swings.

How risky is Axis Momentum Fund - Direct Plan - Growth Option?+

Based on its 3-year annualised volatility of 16.8%, Axis Momentum Fund - Direct Plan - Growth Option sits in the "high" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.

Is Axis Momentum Fund - Direct Plan - Growth Option a direct plan?+

Axis Momentum Fund - 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 Momentum Fund - Direct Plan - Growth Option?+

Axis Momentum Fund - Direct Plan - Growth Option has NAV history available from 18 Dec 2024 — approximately 2 year of track record and 430 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.