Axis Focused Fund vs Nippon India Quant Fund
Direct Plan, Growth option · Data as on 30-10-2026
Axis Focused Fund is a Focused fund and Nippon India Quant Fund is a Thematic fund. In the 3 years to 30-10-2026, Axis Focused Fund (Direct) returned 10.1% a year and Nippon India Quant Fund (Direct) returned 12.9% a year. Axis Focused Fund charges 1.02% a year and Nippon India Quant Fund 0.84% (Direct plans). Their portfolios overlap 44.2%: they hold 14 of the same securities.
Nippon India Quant Fund
Thematic
- 3 year return
- 12.9%
- Expense ratio
- 0.84%
- NAV
- ₹74.84
Which is better, Axis Focused or Nippon India Quant? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Nippon India Quant returned more over 5 years: 12.0% a year against 3.4%.
- Nippon India Quant returned more over 3 years: 12.9% a year against 10.1%.
- Nippon India Quant costs less: 0.84% a year against 1.02% (Direct plans).
- Axis Focused swung less over 3 years: a standard deviation of 13.8% a year against 15.0%.
- Nippon India Quant fell less in its worst fall since 02-01-2013: −32.8% against −33.7%.
- Axis Focused is the larger fund: ₹10,476 Cr against ₹108 Cr.
- Their portfolios overlap 44.2%: 14 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Axis Focused Fund | Nippon India Quant Fund |
|---|---|---|
| Fund house | Axis Mutual Fund | Nippon India Mutual Fund |
| Category | Focused | Thematic |
| AUM | ₹10,476 Cr (30-09-2026) | ₹108 Cr (30-09-2026) |
| NAV | ₹62.10 (Direct) | ₹74.84 (Direct) |
| Expense ratio (Direct) | 1.02% | 0.84% |
| Expense ratio (Regular) | 1.92% | 1.27% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty 500 TRI | BSE 200 TRI |
| Launch date | 28-06-2012 | 18-04-2008 |
| Minimum investment | ₹100 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Sachin Relekar, Krishnaa N | Shirish Guthe |
| Exit load | Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 12 months. | Exit load of 0.25% if redeemed within 1 month |
Axis Focused vs Nippon India Quant: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Axis Focused Fund (Direct) | +0.27% | −3.23% | +4.19% | −5.25% | +10.14% | +3.36% | +11.36% |
| Nippon India Quant Fund (Direct) | −0.34% | −7.17% | −3.57% | −5.85% | +12.91% | +11.97% | +13.66% |
| Focused average | −1.00% | −4.12% | +1.39% | −3.09% | +12.30% | +10.21% | +13.15% |
| Thematic average | −2.09% | −4.52% | +0.86% | −1.22% | +13.76% | +11.62% | +13.76% |
Category average: the average of the 28 Focused funds and the 235 Thematic funds, same plan type.
Axis Focused vs Nippon India Quant: Year-wise Returns
| Year | Axis FocusedAxis Focused | Nippon India QuantNippon India Quant |
|---|---|---|
| 2026to date | −1.51% | −7.07% |
| 2025 | +3.43% | +8.37% |
| 2024 | +15.87% | +20.55% |
| 2023 | +18.36% | +35.78% |
| 2022 | −13.56% | +8.17% |
| 2021 | +25.35% | +32.37% |
Axis Focused vs Nippon India Quant: Rolling Returns
Every holding period of both funds, against Nifty 500 TRI, the benchmark of Axis Focused Fund
Rolling returns
Every 3-year holding period, 2,674 of them, one for each trading day from 04-01-2016 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
Axis Focused Fund (Direct)
Nippon India Quant Fund (Direct)
Nifty 500 TRI
to
Nov 2016Sept 2015
to
Sept 2018Jul 2017
to
Jul 2020May 2019
to
May 2022Mar 2021
to
Mar 2024Dec 2022
to
Dec 2025
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Axis Focused | 0.0 | 2.5 | 21.4 | 29.7 | 35.5 | 10.1 | 0.9 | 14.1% | 14.3% | 2.4% | 27.1% | 58% |
| Nippon India Quant | 1.1 | 5.6 | 23.2 | 25.1 | 18.2 | 21.8 | 5.2 | 14.5% | 13.8% | −5.4% | 32.2% | 39% |
| Nifty 500 TRI | 1.9 | 4.3 | 7.7 | 37.0 | 34.9 | 11.3 | 2.9 | 14.7% | 14.9% | −6.3% | 33.5% | -- |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. The benchmark is Nifty 500 TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 02-01-2013. Past returns do not promise future returns.
Axis Focused vs Nippon India Quant: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 02-01-2013 to 30-10-2026: 166 instalments, ₹16,60,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Axis FocusedAxis Focused Fund (Direct) | ₹16,60,000 | ₹38,72,955 | ₹22,12,955 | 11.5% |
| Nippon India QuantNippon India Quant Fund (Direct) | ₹16,60,000 | ₹44,54,841 | ₹27,94,841 | 13.3% |
Axis FocusedAxis Focused Fund (Direct)
Nippon India QuantNippon India Quant Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Axis Focused vs Nippon India Quant: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Axis Focused Fund (Direct) | Nippon India Quant Fund (Direct) |
|---|---|---|
| Return (CAGR) | −5.25% | −5.85% |
| Standard deviation | 14.57% | 14.31% |
| Sharpe ratio | -0.72 | -0.77 |
| Sortino ratio | -0.95 | -1.03 |
| Maximum drawdown | −16.8% (30-03-2026) | −12.5% (31-03-2026) |
| Beta | 0.95 | 1.00 |
| Alpha | +1.51% | +2.43% |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Axis Focused Fund (Direct) | Nippon India Quant Fund (Direct) |
|---|---|---|
| Return (CAGR) | +10.14% | +12.91% |
| Standard deviation | 13.79% | 14.95% |
| Sharpe ratio | 0.30 | 0.46 |
| Sortino ratio | 0.41 | 0.62 |
| Maximum drawdown | −18.1% (30-03-2026) | −16.9% (28-02-2025) |
| Beta | 0.89 | 1.05 |
| Alpha | +0.36% | +3.13% |
From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Axis Focused Fund (Direct) | Nippon India Quant Fund (Direct) |
|---|---|---|
| Return (CAGR) | +3.36% | +11.97% |
| Standard deviation | 14.37% | 14.82% |
| Sharpe ratio | -0.17 | 0.42 |
| Sortino ratio | -0.23 | 0.57 |
| Maximum drawdown | −26.2% (17-06-2022) | −17.1% (20-06-2022) |
| Beta | 0.93 | 1.02 |
| Alpha | −5.23% | +3.71% |
From daily NAVs, 29-10-2021 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Axis Focused Fund (Direct) | Nippon India Quant Fund (Direct) |
|---|---|---|
| Return (CAGR) | +12.81% | +12.64% |
| Standard deviation | 15.60% | 15.72% |
| Sharpe ratio | 0.43 | 0.42 |
| Sortino ratio | 0.59 | 0.57 |
| Maximum drawdown | −33.7% (23-03-2020) | −32.8% (23-03-2020) |
| Beta | 0.92 | 0.96 |
| Alpha | +0.53% | +0.27% |
From daily NAVs, 02-01-2013 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Axis Focused Fund (Direct)
Nippon India Quant Fund (Direct)
Nifty 500 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Axis Focused Fund (Direct) | −33.7% | 12-02-2020 | 23-03-2020 | 10-11-2020 | 8 months | −7.3% |
| Nippon India Quant Fund (Direct) | −32.8% | 19-02-2020 | 23-03-2020 | 05-11-2020 | 7 months | −9.2% |
| Nifty 500 TRI | −38.1% | 17-01-2020 | 23-03-2020 | 06-11-2020 | 7 months | −8.8% |
From daily values since 02-01-2013, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Axis Focused Fund (Direct)
Nippon India Quant Fund (Direct)
Nifty 500 TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Axis Focused Fund (Direct)
Nippon India Quant Fund (Direct)
Nifty 500 TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 5-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Axis Focused Fund (Direct)
Nippon India Quant Fund (Direct)
Nifty 500 TRI
Against Nifty 500 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Axis Focused Fund (Direct) | 100% | 102% | 5.94% |
| Nippon India Quant Fund (Direct) | 92% | 88% | 4.58% |
From month-end values since 02-01-2013. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.
Axis Focused vs Nippon India Quant: Portfolio Overlap
From each fund's latest monthly portfolio: Axis Focused Fund, September 2026; Nippon India Quant Fund, September 2026
Holdings in common
- Overlap
- 44.2%
- Held by both
- 14
- Only in Axis Focused
- 14
- Only in Nippon India Quant
- 18
| Security | % of Axis Focused | % of Nippon India Quant |
|---|---|---|
| ICICI Bank Limited | 8.13% | 7.36% |
| Divi's Laboratories Limited | 6.50% | 3.83% |
| Eternal Limited | 7.85% | 3.47% |
| HDFC Bank Limited | 3.20% | 7.23% |
| InterGlobe Aviation Limited | 3.56% | 3.19% |
| Bajaj Finance Limited | 5.34% | 3.11% |
| Mahindra & Mahindra Limited | 3.43% | 3.01% |
| TVS Motor Company Limited | 4.53% | 2.86% |
| Apollo Hospitals Enterprise Limited | 5.06% | 2.65% |
| Cholamandalam Investment and Finance Company Ltd | 5.14% | 2.63% |
| Bharti Airtel Limited | 2.60% | 3.59% |
| Cummins India Limited | 2.69% | 2.21% |
| Infosys Limited | 2.15% | 2.96% |
| Hindustan Aeronautics Limited | 2.91% | 1.96% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 44.2% means 44.2% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Axis Focused Fund
| Security | % of fund |
|---|---|
| Apar Industries Limited | 4.90% |
| State Bank of India | 4.22% |
| Axis Bank Limited | 3.24% |
| 91 Days Tbill (MD 31/12/2026) | 2.82% |
| PB Fintech Limited | 2.59% |
Largest holdings only in Nippon India Quant Fund
| Security | % of fund |
|---|---|
| Reliance Industries Limited | 3.63% |
| Dixon Technologies (India) Limited | 3.46% |
| DLF Limited | 2.87% |
| Info Edge (India) Limited | 2.77% |
| Hindustan Unilever Limited | 2.48% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Axis Focused | Nippon India Quant |
|---|---|---|
| Equity | 93.8% | 92.4% |
| Debt | 2.8% | 0.0% |
| Cash and others | 3.4% | 7.6% |
Market cap of stocks
| Market cap | Axis Focused | Nippon India Quant |
|---|---|---|
| Large Cap | 78.8% | 76.5% |
| Mid Cap | 11.7% | 15.8% |
| Small Cap | 1.0% | 0.0% |
| Not on AMFI's list | 2.3% | 0.0% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | Axis Focused | Nippon India Quant |
|---|---|---|
| Banks | 18.8% | 14.6% |
| Retailing | 7.8% | 10.9% |
| Finance | 10.5% | 9.4% |
| Automobiles | 10.0% | 9.7% |
| Electrical Equipment | 9.4% | 0.0% |
| Pharmaceuticals & Biotechnology | 6.5% | 3.8% |
| Consumer Durables | 2.3% | 5.1% |
| Power | 1.5% | 4.8% |
The six largest sectors of each fund's stocks, % of the fund.
Axis Focused vs Nippon India Quant: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Axis Focused Fund | Nippon India Quant Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.02% | 0.84% |
| Base expense ratio (Direct) | 0.75% | 0.45% |
| Total expense ratio (Regular) | 1.92% | 1.27% |
| Base expense ratio (Regular) | 1.50% | 0.82% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Compare Axis Focused with
Axis Focused Fund vs Nippon India Quant Fund: Frequently Asked Questions
What is the difference between Axis Focused Fund and Nippon India Quant Fund?
Axis Focused Fund is a Focused fund, Nippon India Quant Fund is a Thematic fund, run by Axis Mutual Fund and Nippon India Mutual Fund. Their portfolios overlap 44.2%. Axis Focused Fund charges 1.02% a year and Nippon India Quant Fund 0.84%.
Which has given higher returns, Axis Focused Fund or Nippon India Quant Fund?
Over 1 year: Axis Focused Fund −5.25%, Nippon India Quant Fund −5.85%. Over 3 years: Axis Focused Fund +10.14% a year, Nippon India Quant Fund +12.91% a year. Over 5 years: Axis Focused Fund +3.36% a year, Nippon India Quant Fund +11.97% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Axis Focused Fund or Nippon India Quant Fund?
Nippon India Quant Fund charges less: 0.84% a year against 1.02%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Axis Focused Fund and Nippon India Quant Fund overlap?
44.2%. They hold 14 of the same securities, the largest shared ones being ICICIBANK, DIVISLAB, ETERNAL. From each fund's latest monthly portfolio.
Which is riskier, Axis Focused Fund or Nippon India Quant Fund?
On SEBI's riskometer, Axis Focused Fund is rated Very High and Nippon India Quant Fund Very High. Over 3 years, the standard deviation of daily returns was 13.79% and 14.95% a year.
Which is better for SIP, Axis Focused Fund or Nippon India Quant Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹7,10,780 in Axis Focused Fund (XIRR 6.0% a year) and ₹7,90,897 in Nippon India Quant Fund (XIRR 10.2% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Axis Focused Fund and Nippon India Quant Fund?
Yes. 44.2% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Axis Focused Fund and Nippon India Quant Fund?
Axis Focused Fund: Sachin Relekar, Krishnaa N. Nippon India Quant Fund: Shirish Guthe.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.