Fundalysisby DARKHORSESTOCKS

Scheme

Axis Focused Fund

Holds 27 companies worth ₹9,829 Cr in Sept 2026.

  • Fund house

    AxisThe fund house that runs this scheme.

  • AUM

    ₹10,553 CrAxis Focused Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 7.4% on Aug 2026, ₹11,392 Cr.

  • Largest holding

    ICICI BankICICI Bank is 8.1% of this scheme's NAV.

  • Fund manager

    Sachin RelekarRuns its co-manager part since 1 Feb 2024, as the fund house dates it. With Krishnaa N (overseas).

Overview(6 Oct 2026)

Fund managers2

  1. Sachin RelekarCo-manager, equity · Feb 2024 · 23y · MMS
  2. Krishnaa NOverseas · Mar 2024
  1. Hitesh DasAug 2023 – Dec 2024

Key facts

Benchmark
Nifty 500 TRI
Risk
Very High
Expense
Regular 1.91% · Direct 1.04%
Exit load
10% within 12 months
Started
28 Jun 2012
Minimum
₹100

Source.Its Scheme Summary Document as of 6 Oct 2026 at AMFI.

What changed(18 changes)

Oct 2026

1 change
  1. Expense ratio
    5 OctDirect 1.05% → 1.04%

Sept 2026

2 changes

May 2026

1 change
  1. Expense ratio
    17 MayRegular 1.76% → 2.58%Direct 0.85% → 1.7%

Source.Its filings at NSE, since Aug 2024.

Fund managers over time(Aug 2023 – now)

  1. Sachin Relekar
  2. Krishnaa N
  3. Hitesh Das
MainCoSlice202420252026
Fig. 1.Who ran it when: each manager from the date the fund house gives, or the first document listing them where it gives none, to when they left. A slice is part of it: overseas, gold and silver, or arbitrage.

Costs(Aug 2024 – Oct 2026)

Every change to the expense ratio, newest first.
18 changesRegularDirectΔ pt
5 Oct 20261.91%1.04%0.01
22 Sept 20261.91%1.05%0.01
10 Sept 20261.90%1.04%0.66
17 May 20262.58%1.70%0.85
18 Jan 20261.76%0.85%0.01
24 Nov 20251.75%0.84%0.01
26 Sept 20251.74%0.83%0.01
25 Mar 20251.74%0.82%0.01
25 Feb 20251.75%0.83%0.01
10 Feb 20251.74%0.82%0.01
29 Jan 20251.75%0.83%0.01
16 Jan 20251.74%0.82%0.01
28 Nov 20241.73%0.81%0.01
12 Nov 20241.73%0.82%0.01
30 Oct 20241.72%0.81%0
16 Oct 20241.71%0.81%0
23 Sept 20241.72%0.81%0.02
21 Aug 20241.72%0.79%–
Direct plan, 5 Oct 2026
1.04%
Regular plan 1.91% · Exit load 10% within 12 months
Fig. 1.Total expense ratio a year, each plan's, as its Scheme Summary Documents state it, filing by filing at NSE. A change holds until the next.

Objective and risk(6 Oct 2026)

Objective

To generate long term capital appreciation by investing in a concentrated portfolio of equity & equity related instruments of up to 30 companies. However, there can be no assurance that the investment objective of the Scheme will be achieved.

Risk, type and benchmark

Riskometer
Very High
At launch
Very High
Type
(An Open-ended Equity Scheme investing in maximum 30 stocks across large cap, mid cap and small cap companies)
Benchmark
Nifty 500 TRI

Asset allocation it may hold% of NAV

  1. Equity and Equity Related Instruments (of not exceeding 30 companies)
    Allowed65–100%Holds93.8%
  2. Debt and Money Market Instruments
    Allowed0–30%Holds6.2%
  3. Units issued by InvITs
    Allowed0–10%Holds0.0%

Holds in Sept 2026.93.8% equity · 6.2% debt and cash

How to invest(6 Oct 2026)

Buying

To start
₹100, then in multiples of ₹1
To add
₹100, then in multiples of ₹1
Systematic
SIP - Daily / Weekly / Monthly / Yearly ,Choti SIP - Monthly ; SWP - Weekly / Monthly / Quarterly / Halfyearly / Yearly STP - Daily / Weekly / Fortnightly / Monthly / Quarterly
Dates
SIP - Except 29,30 and 31 all dates, SWP - Any Business Day, STP - Daily, Weekly all days, Fortnightly - alternate Wednesday, Monthly and Quarterly 1,7,10,15 and 25
Minimum
SIP Daily, Weekly - 100, Monthly 100.00, SIP Yearly - 12000.00 SWP - 1000 STP - Daily, Weekly, Fortnightly, Monthly - 1000 and Quarterly 3000.00. Choti SIP - Maximum one SIP under the facility of exactly equal to Rs. 250/- is allowed. The facility is restricted to three SIP’s across all Mutual Funds (one each in upto three Asset Management Companies)., then in multiples of ₹1
Instalments
SIP Daily -6, Weekly - 6, Monthly - 6 SIP - Yearly - 3, Choti SIP - 60 installments at the time of registration ( If the tenure is below or above 5 years then SIP will be considered as Normal SIP. However, if investor desires to stop or withdraw the SIP investment prematurely, there is no restriction); SWP - Weekly - 5, Monthly - 6, Quarterly - 4, Halfyearly - 4, Yearly - 2 STP - Daily -6, Weekly - 6, Fortnightly -6, Monthly - 6, Quarterly -2.

Selling and switching

Scheme details(6 Oct 2026)

What it is

Category
Focused Fund
Offer
11 Jun 2012 to 25 Jun 2012
Started
28 Jun 2012
Reopened
5 Jul 2012
Plans
Direct IDCW Direct Growth Regular IDCW Regular Growth
Face value
₹10
Listed
Unlisted

How it is run

Swing pricing
No
Side-pocketing
Yes
Custodian
DEUTSCHE BANK AG
Auditor
B S R & Co. LLP
Registrar
Kfintech Ltd
SEBI code
AXIS/O/E/FOC/12/02/0014