|Min SIP Amount||₹1000|
|NAV||₹11.76 (12 May 2021)|
|Fund Started||07 Aug 2017|
|Fund Size||₹1,324 Cr|
|HDFC Bank Ltd.||Financial||Equity||6.4%|
|ICICI Bank Ltd.||Financial||Equity||5.2%|
|Housing Development Finance Corpn. Ltd.||Financial||Equity||5.1%|
|Bajaj Finance Ltd.||Financial||Equity||2.9%|
|Hindustan Unilever Ltd.||FMCG||Equity||2.3%|
|Asian Paints Ltd.||Chemicals||Equity||2.0%|
|Cholamandalam Investment & Finance Co. Ltd.||Financial||Equity||1.6%|
|Coromandel International Ltd.||Chemicals||Equity||1.0%|
|Dabur India Ltd.||FMCG||Equity||0.7%|
|Bharat Petroleum Corpn. Ltd.||Energy||Equity||0.7%|
Axis Dynamic Equity Fund Direct IDCW is a Hybrid Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was made available to investors on 07 Aug 2017. R Sivakumar, Ashwin Patni, Anupam Tiwari is the Current Fund Manager of Axis Dynamic Equity Fund Direct IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹1,324 Cr and the Latest NAV as of 12 May 2021 is ₹11.76.
The Axis Dynamic Equity Fund Direct IDCW is rated Very High risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000. For units in excess of 10% of the investment,1% will be charged for redemption within 12 months
The scheme seeks to generate capital appreciation by investing in a portfolio of equity or equity linked securities while the secondary objective is to generate income through investments in debt and money market instruments.
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.