Fundalysisby DARKHORSESTOCKS

Scheme

Axis Quant Fund

Holds 25 companies worth ₹672 Cr in Sept 2026.

  • Fund house

    AxisThe fund house that runs this scheme.

  • AUM

    ₹764 CrAxis Quant Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 8.3% on Aug 2026, ₹833 Cr.

  • Largest holding

    Adani EnterprisesAdani Enterprises is 5.0% of this scheme's NAV.

  • Fund manager

    Nandik MalikRuns its co-manager part since 6 Mar 2026, as the fund house dates it. With Krishnaa N (overseas).

Overview(6 Oct 2026)

Fund managers2

  1. Nandik MalikCo-manager · Mar 2026 · 20y · PGDM B.Tech
  2. Krishnaa NOverseas · Mar 2024
  1. Karthik KumarJul 2023 – Sept 2026
  2. Ashish NaikMay 2022 – Dec 2024

Key facts

Benchmark
BSE 200 TRI
Risk
Very High
Expense
Regular 4.12% · Direct 2.72%
Exit load
10% within 3 months
Started
1 Jul 2021
Minimum
₹100

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

What changed(24 changes)

Oct 2026

1 change
  1. Expense ratio
    5 OctRegular 4.13% → 4.12%

Sept 2026

3 changes
  2. Karthik Kumar left
    10 Septran it as co-manager (equity) from Jul 2023

May 2026

2 changes
  1. Nandik Malik joined
    17 Mayas co-manager
  2. Expense ratio
    17 MayRegular 2.25% → 10.15%Direct 0.75% → 8.66%

Source.Its filings at NSE, since Aug 2024.

Fund managers over time(May 2022 – now)

  1. Nandik Malik
  2. Krishnaa N
  3. Karthik Kumar
  4. Ashish Naik
MainCoSlice2023202420252026
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.
22 changesRegularDirectΔ pt
5 Oct 20264.12%2.72%0
22 Sept 20264.13%2.72%0.01
10 Sept 20264.11%2.71%5.95
17 May 202610.15%8.66%7.91
18 Jan 20262.25%0.75%0.01
26 Sept 20252.24%0.74%0.03
7 May 20252.22%0.71%0.01
16 Apr 20252.23%0.72%0.01
9 Apr 20252.24%0.73%0.02
25 Mar 20252.22%0.71%0.03
6 Mar 20252.25%0.74%0.01
25 Feb 20252.24%0.73%0.03
10 Feb 20252.20%0.70%0.01
29 Jan 20252.21%0.71%0.02
16 Jan 20252.19%0.69%0.01
30 Dec 20242.18%0.68%0.01
12 Nov 20242.17%0.67%0.02
30 Oct 20242.14%0.65%0
16 Oct 20242.15%0.65%0
23 Sept 20242.14%0.65%0
30 Aug 20242.15%0.65%0.01
21 Aug 20242.16%0.66%–
Direct plan, 5 Oct 2026
2.72%
Regular plan 4.12% · Exit load 10% within 3 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 primarily in equity and equity related instruments selected based on a quantitative model. 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 following a quantitative model)
Benchmark
BSE 200 TRI

Asset allocation it may hold% of NAV

  1. Equity & Equity related instruments of selected companies based on a quantitative model
    Allowed80–100%
  2. Other Equity and Equity related instruments
    Allowed0–20%
  3. Debt & Money Market Instruments
    Allowed0–20%Holds12.6%
  4. Units issued by InvITs
    Allowed0–10%Holds0.0%

Holds in Sept 2026.87.4% equity · 12.6% 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 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, then in multiples of ₹1
Instalments
SIP Daily -6, Weekly - 6, Monthly - 6 SIP - Yearly - 3 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
Quant Fund
Offer
11 Jun 2021 to 25 Jun 2021
Started
1 Jul 2021
Reopened
7 Jul 2021
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/THE/20/07/0044