Axis Asset
Pure Contra Portfolio
Axis Asset's Pure Contra Portfolio is a Multi Cap Portfolio Management Services (PMS) strategy managed by Nishit Master, operational since Nov 2025. Benchmark: BSE 500 TRI.
AUM
₹1,444 Cr
Min investment
₹50 L
Inception
Nov 2025
Fund manager
Nishit Master
Axis Pure Contra Portfolio is a value-focused portfolio investing in equity and equity related instruments and derivatives through a contra strategy to take advantage of mispricing opportunities in the market. The strategy endeavours to invest in companies that are either available at discounted valuations or have fallen due to unexpected events that would have a temporary impact on earnings. The strategy aims to emphasize more on the ‘Entry point’ of the instrument rather than on the ‘Target price’ and tends to benefit from investing in companies with rich asset value. The investment styles of Value and Momentum Alpha form the core factors while special situation investing such as corporate actions is employed as a satellite factor.
6M
+3.6%
1Y
+1.3%
5Y
+15.2%
Since inception
+18.9%
6M
+2.2%
1Y
-3.4%
5Y
+4.3%
Since inception
+3.2%
6M
+1.4%
1Y
+4.7%
5Y
+10.9%
Since inception
+15.7%
Positive alpha over 5Y but not 1Y — classified as Long-Term Performer
Hypothetical growth based on TWRR from inception (Nov 2025)
Hypothetical illustration based on published TWRR over 1 years. Does not account for variable performance fees, taxes, or entry/exit timing. Past performance is not indicative of future results.
74%
Percentage of portfolio bought or sold annually. Higher turnover means more active trading and potentially more short-term capital gains tax events in your demat account.
Risk metrics — coming soon
Sharpe ratio, Sortino ratio, beta, standard deviation, and maximum drawdown will be available once sufficient NAV history accumulates. Use turnover ratio and portfolio concentration above as practical risk indicators.