Compare Mutual Funds

Insights from Fund Comparison

• Both AXIS ESG Integration Strategy Fund (IDCW) and AXIS Momentum Fund - Regular (G) are Sectoral / Thematic, Equity schemes. AXIS ESG Integration Strategy Fund (IDCW) is 6 yrs 2 m old and manages ₹1,133.18 Crs, whereas AXIS Momentum Fund - Regular (G) is 1 yrs 4 m old with ₹1,070.9 Crs.
• Both funds are fairly comparable in terms of age and size.
• AXIS ESG Integration Strategy Fund (IDCW) has its top 3 sectors in Banks (24.61%), Pharmaceuticals (9.97%), and IT - Software (8.46%), while AXIS Momentum Fund - Regular (G) focuses on Banks (14.60%), Automobile (11.37%), and Finance (8.28%).
• The funds share exposure to Banks, but differ in the rest, which means they will partially move together but may diverge depending on how the unique sectors perform.
• AXIS ESG Integration Strategy Fund (IDCW) holds Clearing Corporation of India Ltd (14.56%), State Bank of India (6.62%), HDFC Bank Limited (6.51%), ICICI Bank Limited (6.11%), and Gland Pharma Limited (4.88%), whereas AXIS Momentum Fund - Regular (G) holds Bharti Airtel Limited (7.02%), HDFC Bank Limited (5.75%), Bharat Electronics Limited (4.74%), Multi Commodity Exchange of India Limited (4.68%), and Laurus Labs Limited (4.34%).
• The funds share exposure to HDFC Bank Limited, which makes their performance partly correlated. However, the unique holdings like Clearing Corporation of India Ltd in AXIS ESG Integration Strategy Fund (IDCW) and Bharti Airtel Limited in AXIS Momentum Fund - Regular (G) can create divergence depending on how these stocks perform.
• In terms of risk profile, AXIS ESG Integration Strategy Fund (IDCW) has 85.54% equity and 0.00% debt, while AXIS Momentum Fund - Regular (G) has 99.36% equity and 0.00% debt.
• AXIS Momentum Fund - Regular (G) is more aggressive with higher equity allocation, which could lead to higher returns but more volatility.
• AXIS ESG Integration Strategy Fund (IDCW) showed short-term strength over 3 Months, 6 Months (returns: -12.37%, -9.13%), outperforming AXIS Momentum Fund - Regular (G) by 1.42%, 1.52%. However, other periods (1 Year, 3 Years, 5 Years, returns: -1.88%, 9.80%, 7.19% ) lagged behind, suggesting this could be a temporary upswing. Monitor for sustained momentum before making long-term decisions.