Axis Mutual Fund · Direct Growth · SEBI Category: Flexi Cap
Axis Flexi Cap Fund is managed by Shreyash Devalkar, known for his quality-focused investment approach at Axis AMC. The fund seeks to invest in companies with high earnings quality, strong return on equity, durable business moats and predictable cash flows. This quality bias typically results in a concentrated portfolio of 30 to 50 stocks with high conviction in each position.
The fund's quality philosophy means it avoids cyclical, commodity and government-owned companies in favour of consumer-facing, technology and healthcare businesses with consistent earnings growth. This approach has delivered strong performance during bull markets but can lag during cyclical rallies when commodity and PSU stocks outperform.
Shreyash Devalkar is Senior Fund Manager at Axis Mutual Fund and manages the Axis Flexi Cap Fund with the same quality-growth philosophy he applies across Axis MF's equity schemes. He focuses on businesses with durable competitive moats, high return on equity and strong management quality — a consistent framework applied regardless of market cap.
For current co-manager details and full biography, refer to the latest Axis Mutual Fund factsheet on AMFI or the AMC website.
Informational points to help you form your own view - not judgements or recommendations.
Calculated from 2,105 daily NAV records in RightAdvise DB. Last calculated: Jun 2026.
1M / 3M / 6M / 1Y - simple point-to-point return · 3Y / 5Y / 10Y - CAGR (compounded annual growth rate)
Based on all rolling windows in full NAV history. Dates show the start and end of each period.
Jan 1 to Dec 31 each year. Simple point-to-point - not CAGR.
Rolling returns show performance across every possible investment start date - not one cherry-picked number. Learn more →
How much the fund fell from its peak NAV - what investors actually experience during crashes. Calculated from full NAV history.
Calculated from actual NAV data. "Pre-inception" means the fund didn't exist during that period.
When NAV is above 200 DMA the fund is in an uptrend. When below, it signals caution. Calculated from NAV data in DB.
Calculated from 3 years of daily NAV - industry standard. Risk-free rate: 6.5% p.a. Last updated: Jun 2026. What do these mean? →
Our portfolio holdings page shows every stock the fund owns, sector allocation, and month-over-month changes - from official AMC disclosures.
See how Axis Flexi Cap Fund ranks against other Flexi Cap funds on returns, drawdown, Sharpe ratio and AAUM - side by side.
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