Fundalysisby DARKHORSESTOCKS

Scheme

Axis Services Opportunities Fund

Holds 37 companies worth ₹1,303 Cr in Sept 2026.

  • Fund house

    AxisThe fund house that runs this scheme.

  • AUM

    ₹1,322 CrAxis Services Opportunities Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 10.8% on Aug 2026, ₹1,482 Cr.

  • Largest holding

    Eternal LimitedEternal Limited is 9.3% of this scheme's NAV.

  • Fund manager

    Sachin RelekarRuns its co-manager part since 24 Jul 2025, as the fund house dates it. With Krishnaa Narayan (co-manager).

Overview(6 Oct 2026)

Fund managers2

  1. Sachin RelekarCo-manager · Jul 2025 · 23y · MMS
  2. Krishnaa NarayanCo-manager · Jul 2025 · 4y · CA B.Com
  1. Shreyash DevalkarJul 2025 – Sept 2026

Key facts

Benchmark
Nifty Services Sector TRI
Risk
Very High
Expense
Regular 2.23% · Direct 0.94%
Exit load
10% within 12 months
Started
24 Jul 2025
Minimum
₹100

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

What changed(10 changes)

Oct 2026

1 change
  1. Expense ratio
    5 OctRegular 2.21% → 2.23%Direct 0.93% → 0.94%

Sept 2026

3 changes
  1. Shreyash Devalkar left
    28 Septran it as co-manager from Jul 2025

May 2026

1 change
  1. Expense ratio
    17 MayRegular 2.08% → 2.09%Direct 0.73% → 0.75%

Source.Its filings at NSE, since Sept 2025.

Fund managers over time(Jul 2025 – now)

  1. Sachin Relekar
  2. Krishnaa Narayan
  3. Shreyash Devalkar
MainCoSlice2026
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(Sept 2025 – Oct 2026)

Every change to the expense ratio, newest first.
10 changesRegularDirectΔ pt
5 Oct 20262.23%0.94%0.01
28 Sept 20262.21%0.93%0.02
10 Sept 20262.20%0.91%0.16
17 May 20262.09%0.75%0.02
24 Feb 20262.08%0.73%0.03
18 Jan 20262.06%0.70%0.02
17 Dec 20252.06%0.68%0.01
24 Nov 20252.05%0.67%0.01
13 Nov 20252.06%0.68%0.05
26 Sept 20252.04%0.63%–
Direct plan, 5 Oct 2026
0.94%
Regular plan 2.23% · 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 provide long term capital appreciation from an actively managed portfolio of equity and equity related securities of companies belonging to the services industry. There is 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 services theme.
Benchmark
Nifty Services Sector TRI

Asset allocation it may hold% of NAV

  1. Equity & Equity related instruments of companies engaged inServices theme
    Allowed80–100%
  2. Other Equity & Equity Related Instruments other than abovetheme
    Allowed0–20%
  3. Debt & Money Market Instruments
    Allowed0–20%Holds0.4%
  4. Units issued by InVITs
    Allowed0–10%Holds0.0%

Holds in Sept 2026.99.6% equity · 0.4% 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 - 1st to 28th or last date of the Month SWP - 1, 5, 10, 15 and 25. STP - Daily/Weekly - Monday to Friday. Fortnightly - alternate Wednesday. Monthly/Quarterly - 1,7,10,15 and 25
Minimum
SIP - Daily/Weekly/Monthly - 100 and Yearly 6,000. SWP - Weekly/Monthly/Quarterly/Halfyearly/Yearly - 1000. STP - Daily, Weekly, Fortnightly, Monthly - 1000 and Quarterly 3000., then in multiples of ₹1
Instalments
SIP - Daily/Weekly/Monthly - 6. Yearly -3. SWP - Weekly - 5. Monthly - 6. Quarterly/ Halfyearly - 4. Yearly - 2. STP - Daily/Weekly/Fortnightly/Monthly - 6. Quarterly -2.

Selling and switching

Scheme details(6 Oct 2026)

What it is

Category
Thematic Fund
Offer
4 Jul 2025 to 18 Jul 2025
Started
24 Jul 2025
Reopened
30 Jul 2025
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/25/03/0098