How to Invest in Axis Equity Advantage Fund Series 2 Growth?

You can easily invest in Axis Equity Advantage Fund Series 2 Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for Axis Equity Advantage Fund Series 2 Growth from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in Axis Equity Advantage Fund Series 2 Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Axis Equity Advantage Fund Series 2 Growth provide?

The Axis Equity Advantage Fund Series 2 Growth has been there from 03 Aug 2017 and the average annual returns provided by this fund is 18.11% since its inception.

How much expense ratio is charged by Axis Equity Advantage Fund Series 2 Growth?

The term Expense Ratio used for Axis Equity Advantage Fund Series 2 Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of Axis Equity Advantage Fund Series 2 Growth is 1.33% as of 06 Sep 2025...

What is the AUM of Axis Equity Advantage Fund Series 2 Growth?

The AUM, short for Assets Under Management of Axis Equity Advantage Fund Series 2 Growth is ₹122.10Cr as of 06 Sep 2025.

How to Redeem Axis Equity Advantage Fund Series 2 Growth?

If you want to sell your Axis Equity Advantage Fund Series 2 Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of Axis Equity Advantage Fund Series 2 Growth?

You can select either SIP or Lumpsum investment of Axis Equity Advantage Fund Series 2 Growth based on your investment objective and risk tolerance.

What is the NAV of Axis Equity Advantage Fund Series 2 Growth?

The NAV of Axis Equity Advantage Fund Series 2 Growth is ₹14.80 as of 02 Feb 2021.

What is the PE and PB ratio of Axis Equity Advantage Fund Series 2 Growth?

The PE ratio ratio of Axis Equity Advantage Fund Series 2 Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

Axis Equity Advantage Fund Series 2 Growth - NAV, Mutual Fund Performance & Portfolio

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Axis Equity Advantage Fund Series 2 Growth
Equity
Diversified
Very High Risk
13.52%
3Y annualised
+0.79% 1D
1M
6M
1Y
3Y
All
 NAV: 02 Feb 2021
₹14.80
Rating
NA
Min. SIP amount
Not Supported
Fund size
₹122.10Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Holdings (27)NameSectorInstrumentAssets
Housing Development Finance Corpn. Ltd.
FinancialEquity7.67%
Infosys Ltd.
TechnologyEquity7.41%
Avenue Supermarts Ltd.
ServicesEquity5.86%
ICICI Bank Ltd.
FinancialEquity5.32%
Kotak Mahindra Bank Ltd.
FinancialEquity4.75%
Tata Consultancy Services Ltd.
TechnologyEquity4.58%
Reliance Industries Ltd.
EnergyEquity4.07%
HDFC Bank Ltd.
FinancialEquity3.89%
Hindustan Unilever Ltd.
FMCGEquity3.39%
Bajaj Finance Ltd.
FinancialEquity3.10%
Tata Elxsi Ltd.
TechnologyEquity2.20%
Bharti Airtel Ltd.
CommunicationEquity2.13%
Divi's Laboratories Ltd.
HealthcareEquity2.04%
Pidilite Industries Ltd.
ChemicalsEquity1.92%
Titan Company Ltd.
Cons DurableEquity1.86%
Maruti Suzuki India Ltd.
AutomobileEquity1.42%
Brigade Enterprises Ltd.
ConstructionEquity1.28%
Narayana Hrudayalaya Ltd.
HealthcareEquity1.09%
Phoenix Mills Ltd.
ConstructionEquity0.96%
Jindal Steel & Power Ltd.
MetalsEquity0.96%
Can Fin Homes Ltd.
FinancialEquity0.94%
Dabur India Ltd.
FMCGEquity0.84%
Orient Electric Ltd.
EngineeringEquity0.81%
HDFC Life Insurance Co Ltd.
FinancialEquity0.67%
Sequent Scientific Ltd.
HealthcareEquity0.62%
Axis Bank Ltd.
FinancialFixed Deposits0.25%
Reliance Industries Ltd - Partly Paid Equity
EnergyPPE0.08%
See All
Minimum investment amountsMin. for 1st investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Equity Diversified
Annualised returns
Absolute returns
6M1Y3YAll
Fund returnsNA18.1%13.5%11.8%
Category averageNA66.0%9.5%NA
Rank with in categoryNA141NA
Understand terms
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting  your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
31 Mar 2021 - Present
1.33%
30 Sep 2020 - 31 Mar 2021
1.33%
31 Mar 2020 - 30 Sep 2020
1.33%
30 Sep 2019 - 31 Mar 2020
1.33%
31 Mar 2019 - 30 Sep 2019
2.67%
30 Sep 2018 - 31 Mar 2019
2.92%
31 Jul 2018 - 30 Sep 2018
2.93%
30 Jun 2018 - 31 Jul 2018
2.93%
31 May 2018 - 30 Jun 2018
2.50%
30 Apr 2018 - 31 May 2018
2.50%
31 Mar 2018 - 30 Apr 2018
2.50%
28 Feb 2018 - 31 Mar 2018
2.50%
31 Jan 2018 - 28 Feb 2018
2.50%
31 Dec 2017 - 31 Jan 2018
2.50%
30 Nov 2017 - 31 Dec 2017
2.50%
31 Oct 2017 - 30 Nov 2017
2.50%
Expense ratio, exit load and taxExpense ratio: 1.33%Inclusive of GST
Exit loadNil
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Understand terms
Check past data
Fund managementShreyash Devalkar
Jul 2017 - 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
Axis ELSS Tax Saver Fund Growth
Axis Midcap Fund Growth
Axis Equity Advantage Fund Series 1 Growth
Axis Equity Advantage Fund Series 2 Growth
Axis Large & Mid Cap Fund Growth
Axis NIFTY Healthcare ETF Growth
Axis Multicap Fund Growth
Axis Multi Factor Passive FoF Growth
Axis Nifty Smallcap 50 Index Fund Growth
Axis Nifty Midcap 50 Index Fund Growth
Axis Services Opportunities Fund Growth
Aditya Pagaria
Mar 2019 - Present
View details
Education
Mr. Pagaria is a Bachelor in Management Studies and holds a Post Graduate Diploma in Business Management from Institute Of Technology And Management, SK Somaiya College.
Experience
Prior to joining Axis AMC he was associated with ICICI Prudential AMC (Nov 2011-Jul 2016) as Fund Manager - Fixed Income Operations.
Also manages these schemes
Axis Liquid Fund Growth
Axis Treasury Advantage Fund Growth
Axis Short Duration Fund Growth
Axis Liquid Fund Retail Growth
Axis Treasury Advantage Fund Retail Growth
Axis Short Duration Fund Retail Growth
Axis Banking & PSU Debt Fund Growth
Axis Equity Advantage Fund Series 1 Growth
Axis Equity Advantage Fund Series 2 Growth
Axis Money Market Fund Growth
Axis Nifty AAA Bond Plus SDL Apr 2026 50:50 ETF Growth
Axis Floater Fund Growth
Axis Nifty AAA Bond Plus SDL Apr 2026 50:50 ETF FoF Growth
Axis CRISIL IBX SDL May 2027 Index Fund Growth
Axis Nifty SDL September 2026 Debt Index Fund Growth
Axis CRISIL IBX 50:50 Gilt Plus SDL September 2027 Index Fund Growth
Axis Fixed Term Plan Series 113 (1228 Days) Growth
Axis CRISIL IBX AAA Bond NBFC Jun 2027 Index Fund Growth
Axis CRISIL IBX AAA Bond Financial Services Sep 2027 Index Fund Growth
Axis CRISIL IBX AAA Bond NBFC HFC Jun 2027 Index Fund Growth
Fund house & investment objective
Axis Mutual Fund
Rank (total assets)#7 in India
Total AUM₹3,39,575.56Cr
Date of Incorporation04 Sep 2009
    Axis Equity Advantage Fund Series 2 Growth is a Equity Mutual Fund Scheme launched by Axis Mutual Fund.     This scheme was made available to investors on 04 Sep 2009.     Ashwin Patni, Shreyash Devalkar is the Current Fund Manager of Axis Equity Advantage Fund Series 2 Growth fund.     The fund currently has an Asset Under Management(AUM) of ₹3,39,576 Cr and     the Latest NAV as of 02 Feb 2021 is ₹14.80.  

    The Axis Equity Advantage Fund Series 2 Growth is rated Very High risk.               
  ;
Investment ObjectiveThe scheme seeks to generate capital appreciation over medium to long-term from a diversified portfolio of predominantly equity & equity related instruments. 
 
;
Fund benchmarkNifty 50,CRISIL Composite Bond Fund Index
Scheme Information Document(SID)
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
NA
Website
www.axismf.com
Axis Mutual Fund
Asset Management Company
Custodian
NA
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
www.karvymfs.com
Compare funds
Axis Equity Advantage Fund Series 2 Growth
VS
Add mutual fund to compare

Name	Sector	Instrument	Assets
Housing Development Finance Corpn. Ltd.	Financial	Equity	7.67%
Infosys Ltd.	Technology	Equity	7.41%
Avenue Supermarts Ltd.	Services	Equity	5.86%
ICICI Bank Ltd.	Financial	Equity	5.32%
Kotak Mahindra Bank Ltd.	Financial	Equity	4.75%
Tata Consultancy Services Ltd.	Technology	Equity	4.58%
Reliance Industries Ltd.	Energy	Equity	4.07%
HDFC Bank Ltd.	Financial	Equity	3.89%
Hindustan Unilever Ltd.	FMCG	Equity	3.39%
Bajaj Finance Ltd.	Financial	Equity	3.10%
Tata Elxsi Ltd.	Technology	Equity	2.20%
Bharti Airtel Ltd.	Communication	Equity	2.13%
Divi's Laboratories Ltd.	Healthcare	Equity	2.04%
Pidilite Industries Ltd.	Chemicals	Equity	1.92%
Titan Company Ltd.	Cons Durable	Equity	1.86%
Maruti Suzuki India Ltd.	Automobile	Equity	1.42%
Brigade Enterprises Ltd.	Construction	Equity	1.28%
Narayana Hrudayalaya Ltd.	Healthcare	Equity	1.09%
Phoenix Mills Ltd.	Construction	Equity	0.96%
Jindal Steel & Power Ltd.	Metals	Equity	0.96%
Can Fin Homes Ltd.	Financial	Equity	0.94%
Dabur India Ltd.	FMCG	Equity	0.84%
Orient Electric Ltd.	Engineering	Equity	0.81%
HDFC Life Insurance Co Ltd.	Financial	Equity	0.67%
Sequent Scientific Ltd.	Healthcare	Equity	0.62%
Axis Bank Ltd.	Financial	Fixed Deposits	0.25%
Reliance Industries Ltd - Partly Paid Equity	Energy	PPE	0.08%