Emerging Stars Portfolio

Axis Asset Management Company Ltd
PMS Small & Mid Cap
Benchmark
S&P BSE 500 TRI
Inception Date
22 April 2024
Min. Investment
₹50,00,000
AUM (Cr.)
₹103.10
SIP Available
No
STP Available
No

Investment Strategy

Investment Approach

The Axis Emerging Stars portfolio represents a concentrated approach focused on mid and small-cap equities. This investment strategy is designed to achieve sustained capital growth over the long term. It achieves this by assembling a high-quality selection of mid and small-cap companies. These companies are characterized by their scalable business models and sustainable competitive advantages, indicating their capacity for future business expansion within prevailing secular trends. The portfolio's composition will maintain diversification across various industries and investment themes.

Investment Objective

The investment objective is to generate substantial capital growth over an extended period through a strategically diversified portfolio, with a primary allocation to mid-cap and small-cap equities.

Performance Returns

Returns as on 2025-12-31

Trailing Returns

Period Strategy Benchmark Outperformance
1 MONTH -3.35% -0.24% -3.11%
3 MONTHS 0.86% 5.02% -4.16%
6 MONTHS -3.79% 1.63% -5.42%
1 YEAR -4.26% 7.63% -11.89%
SINCE INCEPTION 2.04% 10.65% -8.61%

Calendar Year Performance

Year Return
CY 2025 -4.26%

Financial Year Performance

Year Return
FY 26_YTD 9.61%
FY 25_YTD 8.71%

Past performance is not indicative of future results. Returns are subject to market risks.

Fund Managers

Hitesh Zaveri

Fund Manager - PMS

Mr. Hitesh commenced his tenure at Axis AMC in 2022, assuming the role of Senior Vice President and Head of Listed Equity Alternatives. In this capacity, he oversees the Axis PMS portfolios and associated Category-III Alternative Investment Fund (AIF) strategies. Mr. Hitesh brings a distinguished career spanning over 25 years in portfolio management, investment banking, and equity research. Before his appointment at Axis AMC, he held the position of Head of Investments within the PMS division at Aditya Birla Mutual Fund. His prior professional engagements include serving as Executive Director and Portfolio Manager at Enam Asset Management, and as Senior Vice President and Co-Head of Institutional Research at Edelweiss Capital. During these roles, he managed substantial equity funds, authored comprehensive research reports, and was instrumental in executing numerous transactions across Mergers & Acquisitions (M&A), Initial Public Offerings (IPOs), and Investment Banking (IB) assignments, including those involving Restructuring and Delisting. Mr. Hitesh's research has been acknowledged through its inclusion in the book ‘Wall Street Research – Past Present & Future,’ co-authored by Harvard Business School Professors Boris Groysberg and Paul Healy, and published by Stanford Press. **Educational Qualifications:** Mr. Hitesh holds an MBA from Mumbai University. He has further augmented his expertise by completing the Advanced Management Program, Investment Management Program, and General Management Program at Harvard Business School, alongside the Executive Development Program from The Wharton School. He is also an alumnus of Harvard Business School and serves as an Advisor to the Board of the HBS Club of India.

Portfolio Details

Portfolio Composition

Large Cap
6.05%
Mid Cap
11.08%
Small Cap
80.00%
Cash & Equivalent
2.87%

Top 5 Holdings

  • Cartrade Tech Limited 5.48%
  • Granules India Ltd 5.02%
  • EPL Ltd 4.61%
  • Indian Bank 4.18%
  • Varun Beverages Limited 3.71%

Top 5 Sectors

  • Capital Goods 18.87%
  • Consumer Services 17.12%
  • Financial Services 13.46%
  • Healthcare 11.04%
  • Information Technology 8.03%

Portfolio Characteristics

total number of stocks
N/A
top 5 stocks percent
23.00%
top 5 sectors percent
68.52%
average market cap
N/A
portfolio age
1 Yrs, 8 Months
sip
Not Available
stp
Not Available

Fee Structure

Fixed Fee

AMC: 2.5%

Variable Fee

AMC: 1.5%

Hurdle: 12%

Profit Sharing: 20%

Exit Load

Year 1: 1%

Year 2: 0%

Year 3: 0%

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Disclaimer

Returns are as of 2025-12-31. Returns for periods up to one year are not annualized. Returns for periods exceeding one year are annualized. Returns are computed using the Time Weighted Rate of Return (TWRR) methodology and are provided by the respective Asset Management Companies (AMCs). 'ND' denotes 'No Data', and 'NA' denotes 'Not Applicable'. The performance of the respective Benchmark Indices is presented above. Benchmark(s) are as defined in SEBI circular no. SEBI/HO/IMD/IMD-PoD-2/P/CIR/2022/172 dated December 16, 2022, APMI circular no. APMI/2022-23/02 dated March 23, 2023, and Revised Annexure-1.

This page is provided solely for general informational purposes in relation to the strategy and is based on publicly available information. While reasonable care has been taken to ensure accuracy, the information may not reflect the most recent updates.

Nothing on this page constitutes investment, financial, or legal advice. Investment decisions should be made after consulting a qualified advisor and reviewing official scheme documents.

Last Updated: January 2026 · Published by Affluense AI (affluense.ai)