1M
6M
1Y
3Y
5Y
All
| NAV: 26 Apr 2024 | ₹19.85 |
| Min. SIP amount | ₹100 |
| Rating | 2 |
| Fund size | ₹2,102.69Cr |
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Returns and rankings
Category: Hybrid Dynamic Asset Allocation
Annualised returns
Absolute returns
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 27.8% | 14.3% | 11.9% | 10.7% |
| Category average | 25.8% | 12.8% | 11.8% | NA |
| Rank with in category | 13 | 13 | 13 | NA |
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Holdings (89)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
GOI | Sovereign | GOI Sec | 9.41% |
ICICI Bank Ltd. | Financial | Equity | 5.98% |
Reliance Industries Ltd. | Energy | Equity | 5.24% |
HDFC Bank Ltd. | Financial | Equity | 3.85% |
GOI | Sovereign | GOI Sec | 3.40% |
Infosys Ltd. | Technology | Equity | 3.30% |
Sun Pharmaceutical Industries Ltd. | Healthcare | Equity | 2.79% |
Larsen & Toubro Ltd. | Construction | Equity | 2.67% |
Bajaj Finance Ltd. | Financial | Equity | 2.66% |
NTPC Ltd. | Energy | Equity | 2.02% |
See All
Pros and cons
Category: Hybrid Dynamic Asset Allocation
Pros
Cons
Lower expense ratio: 0.9%
Low rating: 2
Average credit rating of the fund's holdings: AAA
This fund has holdings of the highest quality
Higher alpha: 2.5
The fund has generated returns higher than benchmark - NIFTY 50 Hybrid Composite debt 50:50 Index - in the last 3Y
Consistently higher annualised returns than category average for the past 1Y, 3Y and 5Y
Expense ratio, exit load and tax
Expense ratio: 0.90%
Inclusive of GST
Exit load
For units in excess of 10% of the investment,1% will be charged for redemption within 12 months
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
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.
Understand terms
Check past data
Minimum investment amounts
| Min. for 1st investment | ₹100 |
| Min. for 2nd investment onwards | ₹100 |
| Min. for SIP | ₹100 |
Fund management
Devang ShahApr 2024 - PresentView details
Devang Shah
Apr 2024 - Present
View details
Education
Mr. Shah is B.Com and ACA.
Experience
Prior to joining Axis AMC he has worked with ICICI Prudential AMC, Deutsche Asset Management (India) Pvt. Ltd. and Pricewaterhouse Coopers.
Also manages these schemes
Ashish NaikMar 2023 - PresentView details
Ashish Naik
Mar 2023 - Present
View details
Education
Mr. Naik is a B.E from Mumbai University and MBA from XLRI, Jamshedpur.
Experience
Prior to joining Axis Mutual Fund he was associated with organizations such as Goldman Sachs and has over 7 years of experience as an Equity Analyst.
Also manages these schemes
Hardik ShahJan 2022 - PresentView details
Hardik Shah
Jan 2022 - Present
View details
Education
Mr. Shah has done B.E. Information Technology and MBA Finance.
Experience
Prior to joining Axis Mutual Fund, he has worked with Nippon India Mutual Fund, Quantum Asset Management Company and ICAP India (P) Ltd.
Also manages these schemes
Jayesh SundarSep 2023 - PresentView details
Jayesh Sundar
Sep 2023 - Present
View details
Education
Mr. Sundar is a Chartered Accountant
Experience
Prior to joining Axis MF, he has worked with Aviva Life Insurance Company, Tata Securities Ltd., Collins Stewart India Pvt. Ltd., IL&FS Investsmart and CRISIL
Also manages these schemes
Fund house & investment objective
Fund house contact details
Address
23rd Floor, One Lodha Place,S. B. Road, Lower Parel. Mumbai 400013
Phone
022-24255161
Launch Date
04 Sep 2009
E-mail
NAWebsite
www.axismf.com
Axis Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
Email
[email protected]Website
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