Axis Dynamic Equity Fund Direct Dividend is a Hybrid Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was introduced to investors on 07 Aug 2017. R Sivakumar, Ashwin Patni, Anupam Tiwari is the Current Fund Manager of Axis Dynamic Equity Fund Direct Dividend.The fund currently has an Asset Under Management(AUM) of ₹1,736 Cr and the Latest NAV as of 30 Mar 2020 is ₹10.12.
The Axis Dynamic Equity Fund Direct Dividend is rated Moderately High risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 5000. For units in excess of 10% of the investment,1% will be charged for redemption within 12 months.
To generate capital appreciation by investing in a portfolio of equity or equity linked securities while secondary objective is to generate income through investments in debt and money market instruments. It also aims to manage risk through active asset allocation. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.
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.
Scheme Information Document(SID)
Min for First Investment
Min for Second Investment
For units in excess of 10% of the investment,1% will be charged for redemption within 12 months