|Min SIP Amount||₹1000|
|NAV||₹11.62 (06 Jul 2020)|
|Fund Started||07 Aug 2017|
|Fund Size||₹1,529 Cr|
|Reliance Industries Ltd.||Energy||Equity||6.6%|
|HDFC Bank Ltd.||Financial||Equity||5.9%|
|Tata Consultancy Services Ltd.||Technology||Equity||5.5%|
|Nestle India Ltd.||FMCG||Equity||4.6%|
|Housing Development Finance Corpn. Ltd.||Financial||Equity||4.0%|
|Bharti Airtel Ltd.||Communication||Equity||3.8%|
|Avenue Supermarts Ltd.||Services||Equity||3.6%|
|Axis Bank Ltd.||Financial||Fixed Deposits||3.5%|
|National Highways Authority of India Ltd.||Services||NCD||3.5%|
Axis Dynamic Equity Fund Direct Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹1,529 Cr and the Latest NAV as of 06 Jul 2020 is ₹11.62.
The Axis Dynamic Equity Fund Direct Growth is rated Moderately 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
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.