A 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.
Past data
31 Jul 2018 - Present
0.94%
30 Jun 2018 - 31 Jul 2018
0.94%
31 May 2018 - 30 Jun 2018
0.81%
30 Apr 2018 - 31 May 2018
0.81%
31 Mar 2018 - 30 Apr 2018
0.81%
28 Feb 2018 - 31 Mar 2018
0.81%
31 Jan 2018 - 28 Feb 2018
0.80%
31 Dec 2017 - 31 Jan 2018
0.81%
30 Nov 2017 - 31 Dec 2017
0.81%
31 Oct 2017 - 30 Nov 2017
2.01%
NAV: 13 Dec '18
₹12.75
Min. SIP amount
Not Supported
Fund size
₹521.01 Cr
Expense ratio
0.94%
Minimum investments
Min. for 1st investment
Not Supported
Min. for 2nd investment
Not Supported
Min. for SIP
Not Supported
Understand terms
Annualised returns
Average of the yearly returns of a mutual fund over a given period.
Absolute returns
The total return of a mutual fund over a given period.
Returns and rankings
Annualised returns
Absolute returns
Name
6M
1Y
3Y
All
Fund returns
+2.4%
+7.8%
+10.3%
+7.2%
Category average (Debt Marginal Equity)
+6.8%
+8.8%
+15.1%
--
Rank (Debt Marginal Equity)
--
4
1
--
Understand terms
Expense ratio
A 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.
Tax
A 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 load
A 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 duty
A form of tax payable for the purchase or sale of an asset or security.
Exit Load
28 May 2015
NA
Exit load, stamp duty and tax
Exit load
Nil
Stamp duty on investment: 0.005% (from July 1st, 2020)
from July 1st 2020
Tax implication
Returns are taxed as per your Income Tax slab.
Check past data
About Axis Hybrid Fund Series 24 Direct Growth
Axis Hybrid Fund Series 24 Direct Growth is a Debt Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was made available to investors on 04 Sep 2009. The fund currently has an Asset Under Management(AUM) of ₹3,54,746 Cr and the Latest NAV as of 13 Dec 2018 is ₹12.75.
The Axis Hybrid Fund Series 24 Direct Growth is rated NA risk.
;
Investment Objective
To generate income by investing in high quality fixed income securities that are maturing on or before the maturity of the Scheme whilst the secondary objective is to generate capital appreciation by investing in equity and equity related instruments. 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.;
Fund benchmarkCRISIL Hybrid 85+15 Conservative Index