Axis Pure Contra
Our view on the fund, the AMC, the strategy, the performance & the investment team.
IME's Review of Axis Pure Contra
| Fund Rating | Strategy Rating | Performance Rating |
|---|---|---|
Upgrade | Upgrade | Upgrade |
View on the Fund
This fund is not part of our investment universe
Strategy
Contra Investment Approach
Fund's Strategy View
Axis Securities Contra portfolio aims to invest via a contra strategy. The aim is to invest in stocks that are either available at a deep discount or have fallen prey to events that would have a temporary impact on earnings.
Fund Performance
The fund has outperformed peers in the last 5 year trailing returns. In terms of longer-term annual performance, performance has been highly consistent, with the fund having outperformed it's benchmark in over 80% of annual calendar years.
Trailing Performance
| 1yr | 3yr | 5yr | Since Inception | |
|---|---|---|---|---|
| Axis Pure Contra | -2.6 | 18.4 | 20.1 | 19.9 |
| S&P BSE 500 | 6.5 | 15 | 15 | 17.2 |
| Alpha over Broad Mkt BM | -9.1 | 3.4 | 5.1 | 2.7 |
Performance as of: 31-Jan-26 | Inception Date: 27-Nov-20 | Performance are post-fees, pre-taxes. Global funds denominated in USD or fund currency.
Investment team
IME's Review of Axis PMS
| AMC Rating | Pedigree Rating | Team Rating | Philosophy Rating |
|---|---|---|---|
Upgrade | Upgrade | Upgrade | Upgrade |
View on AMC
Axis PMS is not part of our investment Universe
AMC's Pedigree
Axis Securities, formerly known as Enam Securities, is a reputable institutional equity brokerage firm, but their credibility as an asset management company is still unproven.
AMC Team
Investment Philosophy
Investment philosophy is not clearly defined at the PMS level; investment mandates are driven by individual strategies.
Investment Strategy
Axis Pure Contra Strategy aims to exploit market inefficiencies by investing in stocks that are undervalued or have experienced significant declines due to temporary, unexpected events. The strategy focuses on three primary investment styles
- Value Investing: Identifying and investing in companies trading below their intrinsic value.
- Momentum-Alpha: Targeting stocks with strong momentum and alpha generation potential.
- Special Situations: Capitalizing on unique opportunities arising from corporate actions or market anomalies.
Investment Approach
Contrarian Strategy: The portfolio is designed to capitalize on investment ideas that are either available at attractive valuations or have witnessed significant declines owing to unexpected events that would have only a temporary impact on their earnings.
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