The Axis Momentum Fund (Direct‑G) invests in equities selected based on quantitative momentum criteria, aiming for long‑term capital growth. Launched 12 December 2024, it has an expense ratio of ~0.56% and asset allocation ~96.8% equities / ~3.2% cash as of October 2025. Top holdings include ICICI Bank (~8.8%), HDFC Bank (~8.6%) and Bharti Airtel (~6.7%). The fund falls under the Thematic/Equity Momentum category; early returns show under‑performance (‑5.6% since inception) versus broader category averages of ~5%+ for newer schemes. Suitable for investors seeking high‑beta equity exposure and willing to accept above‑average volatility.