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AIF
·
Equity
·
CAT III - LONG ONLY - MULTI CAP & FLEXI CAP
Axis Newgen India Fund - I
Fund size
₹43 Cr
IRR
Since inception
15.58%
3Y return
21.45%
Fund age
3 yrs
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Fund Manager
Hitesh Zaveri
Fund Manager, PMS, Axis
Hitesh joined Axis AMC in 2022 as SVP & Head – Listed Equity Alternatives. He is responsible for managing the Axis PMS portfolios along with relevant CAT-3 AIF strategies. Hitesh has over 25 years of experience in portfolio management, investment banking and equity research. Prior to joining Axis AMC, he served as Head of Investments in the PMS business at Aditya Birla Mutual Fund. Hitesh has also worked with Enam Asset Management as Executive Director & Portfolio Manager and Edelweiss Capital as Senior VP & Co-Head of Institutional Research. He has managed large equity funds, authored research reports and executed a number of transactions in M&A, IPO and IB assignments that involved Restructuring and Delisting in his past roles. Hitesh has contributed his research to a book co-authored by two Harvard Business School Professors - ‘Wall Street Research – Past Present & Future’, co-authored by Prof. Boris Groysberg and Prof. Paul Healy, published by Stanford Press. Qualification:- MBA from Mumbai University, Hitesh has also completed Advanced Management Program, Investment Management Program, and General Management Program from the Harvard Business School and Executive Development Program from The Wharton School. Also, he is an alumnus of Harvard Business School and an Advisor to the Board of HBS Club of India.
Managing AUM
₹1,038 Cr
Returns: How it has done
Trailing returns
Scheme / Benchmark
YTD
1Y
2Y
3Y
5Y
Since inception
Axis Newgen India Fund I
—
17.46%
5.28%
21.45%
—
15.58%
Nifty 500
−7.78%
1.52%
−0.69%
15.53%
—
11.64%
Excess over benchmark
—
15.94%
5.97%
5.92%
—
3.94%
Returns up to one year are absolute; two years and above are annualised (CAGR). YTD is calendar-year-to-date.
Risk : What you take on to earn the return
Volatility
20.94%
Benchmark approx 15.90%
A standard deviation reflecting historical swings.
Sensitivity
1.02
Beta vs benchmark 1.00 · 2% more reactive
How strongly the scheme moves with the index.
Risk-reward
0.61
Sharpe
Excess return gained per unit of volatility.
Fees
A fixed plan is cheaper when returns are strong.
Fixed
Plan A · Simple
Fixed Management Fee
2.50% / yr
Performance Fee
None
Hurdle Rate
Not applicable
i
No exit load. Lock-in: Nil.
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