The Scheme seeks to provide long-term capital growth from an actively managed diversified portfolio of equity & equity-related securities of companies that exhibit strong momentum. The selection of securities will be based on a quantitative model that will aim to maximize momentum exposure based on various parameter.
Exit Load--
Stamp duty on investment0.005% (from July 1st, 2020)
Tax implicationsIf you redeem within one year, your returns will be taxed at 20%. For redemptions after one year, returns exceeding ₹1.25 lakh in a financial year will be taxed at 12.5%.
Nandik Mallik
Mr. Mallik holds B.Tech degree and has also done PGDM (IIM Calcutta) and MS- Finance (London Business School).
Prior to joining the Axis MF, he was working with Avendus Capital Public Markets Alternate Strategies LLP, ICICI Prudential Asset Management Company Ltd, Edelweiss AMC, DC India Capital, Credit-Suisse (London), BNP Paribas (London), NM Rothschild (Mumbai) and Fair Isaac (Bangalore).
Common questions about this fund, answered from scheme data
The latest Net Asset Value (NAV) of Axis Momentum Fund is ₹9.04 as of 2026-08-28.
Axis Momentum Fund is classified as a Thematic-Factor-based fund.
The Assets Under Management (AUM) of Axis Momentum Fund is ₹944.21 Cr.
The expense ratio of Axis Momentum Fund is 4.06%.
Axis Momentum Fund is managed by Nandik Mallik.
The minimum SIP investment for Axis Momentum Fund is ₹500.
As per the SEBI Riskometer, Axis Momentum Fund carries a Very High risk level.
Axis Momentum Fund has delivered 2.26% (1Y), 0% (3Y) and 0% (5Y) annualised returns as of 2026-08-28.
Axis Momentum Fund was launched on 2009-09-04.
Open an account with Indiabulls Securities, complete your KYC, and invest via SIP or a one-time lumpsum through our platform.
A Systematic Investment Plan (SIP) lets you invest a fixed amount at regular intervals (e.g., monthly) instead of a single lumpsum.
There is no separate brokerage on mutual fund units. The AMC charges an expense ratio, which is already reflected in the NAV. An exit load may apply if you redeem before the specified period.
Mutual fund NAVs are declared once per business day after market close, in line with SEBI norms.
The FAQs above are generated from data provided by the AMC and are for educational purposes only. They do not constitute financial advice, buy/sell recommendations, or return guarantees. Mutual fund investments are subject to market risks — read all scheme-related documents carefully before investing. Past performance is not indicative of future returns.
