1M
6M
1Y
3Y
5Y
All
| NAV: 17 Sep 2024 | ₹110.98 |
| Min. SIP amount | ₹500 |
| Rating | 1 |
| Fund size | ₹38,422.94Cr |
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Returns and rankings
Category: Equity ELSS
Annualised returns
Absolute returns
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 35.5% | 9.8% | 18.8% | 18.6% |
| Category average | 38.1% | 18.5% | 23.2% | NA |
| Rank with in category | 25 | 33 | 31 | NA |
Understand terms
Holdings (70)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
HDFC Bank Ltd. | Financial | Equity | 5.96% |
Tata Consultancy Services Ltd. | Technology | Equity | 5.75% |
Torrent Power Ltd. | Energy | Equity | 5.64% |
Avenue Supermarts Ltd. | Services | Equity | 5.03% |
Bajaj Finance Ltd. | Financial | Equity | 5.02% |
Divi's Laboratories Ltd. | Healthcare | Equity | 3.21% |
Pidilite Industries Ltd. | Chemicals | Equity | 3.09% |
Nestle India Ltd. | Consumer Staples | Equity | 3.02% |
Cholamandalam Investment and Finance Company Ltd. | Financial | Equity | 2.98% |
Mahindra & Mahindra Ltd. | Automobile | Equity | 2.91% |
See All
Pros and cons
Category: Equity ELSS
Pros
Exit load is zero
Lower expense ratio: 0.77%
10Y annualised returns higher than category average by 0.15%
Cons
Consistently lower annualised returns than category average for the past 1Y, 3Y and 5Y
Lock-in period: 3Y
Low rating: 1
Expense ratio, exit load and tax
Expense ratio: 0.77%
Inclusive of GST
Exit load
Nil
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
Understand terms
Check past data
Minimum investment amounts
| Min. for 1st investment | ₹500 |
| Min. for 2nd investment onwards | ₹500 |
| Min. for SIP | ₹500 |
Fund management
Shreyash DevalkarAug 2023 - PresentView details
Shreyash Devalkar
Aug 2023 - Present
View details
Education
Mr. Devalkar is a B.Tech from UDCT Mumbai and PGDM (Management) from JBIMS Mumbai University
Experience
Prior to joining Axis Mutual Fund he has worked with BNP Paribas Mutual Fund as a Fund Manager, IDFC Capital, JP Morgan Services India and Calyon Bank.
Also manages these schemes
Ashish NaikAug 2023 - PresentView details
Ashish Naik
Aug 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
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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