1M
6M
1Y
3Y
5Y
All
| NAV: 13 Dec 2024 | ₹108.83 |
| Min. SIP amount | ₹500 |
| Rating | 1 |
| Fund size | ₹39,252.74Cr |
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 | 27.2% | 10.0% | 15.7% | 18.0% |
| Category average | 28.0% | 17.6% | 20.4% | NA |
| Rank with in category | 24 | 33 | 32 | NA |
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Peer Comparison
| Equity, ELSS funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
SBI Long Term Equity Fund Direct Plan Growth | 5 | 38.9% | 26.1% | 28,732.52 |
Franklin India ELSS Tax Saver Fund Direct Growth | 4 | 32.6% | 21.2% | 7,241.79 |
Parag Parikh ELSS Tax Saver Fund Direct Growth | 5 | 26.4% | 19.4% | 4,362.18 |
Quant ELSS Tax Saver Fund Direct Growth | 5 | 21.2% | 18.7% | 11,560.66 |
Bandhan ELSS Tax Saver Fund Direct Plan Growth | 4 | 22.1% | 17.8% | 7,353.93 |
Holdings (82)
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Pros and cons
Category: Equity ELSS
Pros
Exit load is zero
Lower expense ratio: 0.8%
Cons
Consistently lower annualised returns than category average for the past 1Y, 3Y, 5Y and 10Y
Lock-in period: 3Y
Low rating: 1
Expense ratio, exit load and tax
Expense ratio: 0.80%
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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