Axis Max Life Diversified Equity Fund

NAV / 1-Day Return

28.01 / -0.70%

Total Assets

25.5 Bil

Inception Date

Jun 10, 2020

Expense Ratio

—

Fee Level

—

Load

None

Growth of 10,000

Investment

28,006

Index

26,269

Returns

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	YTD
Investment	N/A	N/A	N/A	N/A	N/A	N/A	29.59	0.61	31.71	26.12	-6.43
Category	-0.44	3.33	26.89	-1.89	4.81	18.44	29.46	1.84	28.01	17.01	N/A
Index	0.99	3.19	36.29	-2.11	9.69	19.99	32.84	2.47	26.07	15.94	-4.98
Quartile Rank	—	—	—	—	—	—	Quartile Rank is second	Quartile Rank is third	Quartile Rank is first	Quartile Rank is first	—
Percentile Rank	—	—	—	—	—	—	42	56	18	4	—
# of Invest. in Cat.	12	12	14	17	16	50	51	50	52	57	—
Category Name	—	—	—	—	—	IN048 India Insurance Multi-Cap	IN048 India Insurance Multi-Cap	IN048 India Insurance Multi-Cap	IN048 India Insurance Multi-Cap	IN048 India Insurance Multi-Cap	IN048 India Insurance Multi-Cap

Asset Class	Net	Short	Long	Cat.	Index
Equity	92.67	0.00	92.67	94.30	100.00
Fixed Income	7.88	0.00	7.88	0.27	0.00
Preferred	0.00	0.00	0.00	0.00	0.00
Convertible	0.00	0.00	0.00	0.00	0.00
Cash	-0.54	0.55	0.00	3.88	0.00
Other	0.00	0.00	0.00	1.75	0.00

Stock Style

People

Inception Date

Jun 10, 2020

Number of Managers

Longest Tenure

4.8 Years

Average Tenure

4.1 Years

Advisor(s)

Axis Max Life Insurance Limited

Management Team

Saurabh Katariya

Jun 10, 2020 –Present

Naresh Kumar

Jun 10, 2020 –Present

Rohit Tandon

Jun 10, 2020 –Present

Manager Timeline

Male
Female
Non-Binary
Not Disclosed
Not Available

Morningstar Risk & Return

Risk vs. Category

Return vs. Category

Holdings

Portfolio Holdings	# Long	# Short
Equity Holding	81	0
Bond Holding	1	0
Other Holding	5	1
Total Holding	87	1

Equity Holdings

Bond Holdings

Other Holdings

Total Holdings

—

As of —

Women Directors %

Women Executives %

Holdings	% Portfolio Weight	First Bought	Market Value as of Feb 28, 2025	Cur Currency	Share Change %	1-Year Return	Forward P/E	Economic Moat	ESG Risk Rating Assessment	Sector
HDFC Bank Ltd	6.63	Jun 30, 2020	1,692,005,629	INR Indian Rupee	0.00	28.11	—	—	—	Financial Services
ICICI Bank Ltd	5.20	Jun 30, 2020	1,328,164,444	INR Indian Rupee	8.79 % Decrease	24.19	18.62	—	—	Financial Services
Infosys Ltd	4.99	Jun 30, 2020	1,274,016,039	INR Indian Rupee	13.73 % Decrease	10.44	21.69	Narrow	—	Technology
Reliance Industries Ltd	4.23	Jun 30, 2020	1,080,315,619	INR Indian Rupee	0.00	-11.34	—	—	—	Energy
Larsen & Toubro Ltd	3.01	Jul 31, 2020	768,723,798	INR Indian Rupee	60.73 % Increase	-5.38	—	—	—	Industrials
Bharti Airtel Ltd	2.87	Aug 31, 2021	732,324,008	INR Indian Rupee	26.87 % Increase	43.97	—	—	—	Communication Services
Mahindra & Mahindra Ltd	2.79	Jul 31, 2023	711,122,234	INR Indian Rupee	24.79 % Decrease	48.25	22.88	—	—	Consumer Cyclical
Bajaj Finance Ltd	1.95	Aug 31, 2023	497,145,884	INR Indian Rupee	0.00	28.81	—	—	—	Financial Services
State Bank of India	1.82	May 31, 2021	464,545,318	INR Indian Rupee	0.00	5.09	9.30	—	—	Financial Services
Zomato Ltd	1.70	Aug 31, 2023	434,823,382	INR Indian Rupee	17.92 % Decrease	11.34	—	—	—	Consumer Cyclical

Holdings	% Portfolio Weight	Market Value as of Feb 28, 2025	Cur Currency	Share Change %	Maturity Date	Coupon Rate	Sector
6.75% Govt Stock 2029	7.88	2,009,864,255	INR Indian Rupee	100.00 % Increase	Dec 23, 2029	6.75	Government
6.97% Govt Stock 2026	—	0	—	100.00 % Decrease	—	—	—

Holdings	% Portfolio Weight	Market Value	Cur Currency	Prospectus Net Expense Ratio	1-Year Return	Morningstar Rating	Medalist Rating	Total Assets	Morningstar Category
UTI Nifty Bank ETF	2.21	564,966,250	INR Indian Rupee	—	5.62		Medalist Rating NEUTRAL	31.93 Bil	India Fund Sector - Financial Services
ICICI Pru Nifty Bank ETF	1.72	439,633,040	INR Indian Rupee	—	5.58		Medalist Rating NEUTRAL	25.23 Bil	India Fund Sector - Financial Services
Kotak Nifty Bank ETF	1.61	410,907,750	INR Indian Rupee	—	5.53		Medalist Rating NEUTRAL	44.99 Bil	India Fund Sector - Financial Services
Nippon India ETF Nifty Bank BeES	1.21	307,966,400	INR Indian Rupee	1.00	5.51		Medalist Rating NEGATIVE	67.32 Bil	India Fund Sector - Financial Services
SBI Nifty Bank ETF	1.04	265,890,600	INR Indian Rupee	—	5.54		Medalist Rating NEUTRAL	39.08 Bil	India Fund Sector - Financial Services
Net Current Asset	-0.54	-139,038,793	—	—	—	—	—	—	—

Holdings as of Feb 28, 2025 | The top 87 largest holdings are available for display across Equity, Bond and Other.

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