| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 2.14% |
| NAV | ₹11.20 (29 Oct 2020) |
|---|---|
| Fund Started | 01 Aug 2017 |
| Fund Size | ₹1,419 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reliance Industries Ltd. | Energy | Equity | 9.1% |
| ICICI Bank Ltd. | Financial | Equity | 7.1% |
| HDFC Bank Ltd. | Financial | Equity | 5.2% |
| Infosys Ltd. | Technology | Equity | 5.0% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 4.6% |
| Bharti Airtel Ltd. | Communication | Equity | 4.3% |
| Tata Consultancy Services Ltd. | Technology | Equity | 3.8% |
| Bajaj Finance Ltd. | Financial | Equity | 2.9% |
| Maruti Suzuki India Ltd. | Automobile | Equity | 2.8% |
| Hindustan Unilever Ltd. | FMCG | Equity | 2.5% |
Axis Dynamic Equity Fund Regular Dividend is a Hybrid Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was made available to investors on 01 Aug 2017. R Sivakumar, Ashwin Patni, Anupam Tiwari is the Current Fund Manager of Axis Dynamic Equity Fund Regular Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹1,419 Cr and the Latest NAV as of 29 Oct 2020 is ₹11.20.
The Axis Dynamic Equity Fund Regular Dividend 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
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.