Sectoral / Thematic · Equity

Axis Momentum Fund

Axis Asset Management Co. Ltd.

Benchmark

Nifty 500 TRI

Riskometer

Very High

Size

₹846 cr

Allotted

12 Dec 2024

Holdings as of

30 Sep 2026

Axis Momentum Fund is a sectoral / thematic fund of Axis Asset Management Co. Ltd. with ₹846 cr under management. It is ahead of its benchmark (Nifty 500 TRI) in 0 of 1 periods. Its direct plan charges 2.20% a year. Nandik Mallik has managed it for 0.6 years.

Has Axis Momentum Fund beaten its benchmark?

Ahead of its benchmark, Nifty 500 TRI, in 0 of 1 periods in AMFI's figures; −4.94% over the last year against −4.30%.

Period returns

Direct Plan, growth · 3y and longer a year

Period	Fund	Nifty 500 TRI	Ahead
1 month	−4.14%	−3.60%	—
3 months	−2.65%	−5.03%	—
6 months	−3.83%	−1.83%	—
1 year	−5.17%	−4.06%	−1.11 pts
3 years	—	+9.27%	—
5 years	—	+8.00%	—
10 years	—	+12.69%	—
Since start from 18 Dec 2024	−6.32%	—	—

Valarth price history to 14 Oct 2026 · the index is the one the fund is nearest; — not on record

Official figures

AMFI performance feed, 13 Oct 2026

Ahead of its benchmark (Nifty 500 TRI) in 0 of 1 periods.

Period	Direct	Regular	Benchmark	Ahead	Rank
1y	−4.94%	−6.41%	−4.30%	−0.64	🔒
3y	—	—	—	—	—
5y	—	—	—	—	—
10y	—	—	—	—	—

Ahead in points a year · its rank among Sectoral / Thematic funds, and how steady the lead is, in the app

Value of 100, month-end

Dec 2024 to 14 Oct 2026

Fund 90Nifty 500 TRI 100

₹100 put in at the start of Dec 2024 would be ₹90 on 14 Oct 2026, against ₹100 in the Nifty 500 TRI.

Risk, falls and every year

🔒 Pro

Its worst fall and how long it took to recover, three-year stretches, Sharpe, beta and capture ratios, calendar years beside the index, and money in and out: in the app.

See them in the app →

What does Axis Momentum Fund cost?

2.20% a year on the direct plan, 3.64% on the regular plan; 57 of 61 funds in its category charge less.

Direct plan

2.20% a year

Category median 1.09%

Regular plan

3.64% a year

Category median 2.40%

Gap

1.44 points

for the same holdings

57 of 61 funds in its category charge less on the direct plan.

Expense report, Oct 2026 · Equity Schemes - Thematic Fund

What the regular plan costs you over time

🔒 Pro

The same money left for years in the direct and the regular plan, side by side, and what the commission takes: in the app.

Who manages Axis Momentum Fund?

Nandik Mallik, since 6 Mar 2026.

Nandik Mallik

Primary

0.6 years

since 6 Mar 2026

Benchmark as filedNifty 500 TRI

Exit load

a). If redeemed / switched-out within 12 months from the date of allotment: For 10% of investments: NIL For remaining investments: 1% b). If redeemed / switched-out after 12 months from the date of allotment: NIL

From 5 Scheme Summary Documents filed with NSE, first on 17 May 2026; as on 5 Oct 2026

What does Axis Momentum Fund hold?

54 holdings as of 30 Sep 2026; the ten largest are 39.0% of the fund, the largest RBL Bank Limited at 5.1%.

Mix

Holdings as of 30 Sep 2026

Equity90.0%Debt2.4%Cash-0.6%Other8.2%

Holdings

42 shares

Top ten

39.0%

of the fund

Effective holdings

31.5

spread, as if equal-weighted

Matched to our table

100%

of the equity

Five largest

% of fund

RBL Bank Limited5.06%

P N Gadgil Jewellers Limited4.98%

Laurus Labs Limited4.74%

Navin Fluorine International Limited4.36%

Sai Life Sciences Limited4.08%

Five largest industries

% of fund

Banks16.4%

Industrial Products11.7%

Pharmaceuticals & Biotechnology10.4%

Finance8.80%

Auto Components5.90%

By company size

% of equity · SEBI size lists

Large Cap27.5%Mid Cap30.2%Small Cap42.3%

How does Axis Momentum Fund score against its category?

Seven scores against funds of its kind, and the warning signs it trips.

Scorecard

🔒 Pro

Seven scores, each out of 5, against funds in its category, with the reasons, and the warning signs it trips: in the app.

Open scorecard in the app →

Are the companies inside any good?

The holdings by valuation, forensic risk, business quality and balance sheet, weighted by their share of the fund.

The companies inside

🔒 Pro

The holdings weighted by their share of the fund: P/E and ROE, forensic risk levels, Valarth's valuation view, quality, moats, balance sheets and who owns them: in the app.

How is Axis Momentum Fund run?

Turnover, what it bought and sold, its cash and its record in new listings, from its monthly holdings files.

How it is run

🔒 Pro

Turnover, what it bought and sold and when, how long it holds, size drift, cash and its record in new listings, from up to two years of monthly holdings files: in the app.

Which funds hold much the same?

The index it is nearest and the funds whose holdings overlap most.

not an index tracker

Nearest to the Nifty 500: 84% of it differs from the index (an active fund is usually above 60%).

Active share 84.1%60%

Funds that hold much the same

% of holdings in common

IB35-Groww Nifty 500 Momentum 50 ETF38.3% the same

22 shared holdings

Motilal Oswal Nifty 500 Momentum 50 Index Fund38.3% the same

22 shared holdings

Motilal Oswal Nifty 500 Momentum 50 ETF38.3% the same

22 shared holdings

How much is in its sponsor's own group?

Holdings in companies of the fund house's sponsor group, beside the index.

Related-party exposure

🔒 Pro

How much of the fund is in companies of its sponsor's own group, beside what the index holds of them: in the app.

Questions people ask

Who manages Axis Momentum Fund?

Nandik Mallik (Primary) since 6 Mar 2026.

What is the expense ratio of Axis Momentum Fund?

2.20% a year on the direct plan and 3.64% on the regular plan (expense report, Oct 2026).