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Axis Multicap Fund Direct Dividend-0.75%

18.97%
1 Year Return
Equity
Multi Cap
5.0star
6M
1Y
3Y
All

Fund Details

Axis Multicap Fund Direct Dividend

RiskModerately High
Min SIP Amount₹500
Expense Ratio0.54%
NAV₹14.29 (25 Jan 2021)
Fund Started24 Nov 2017
Fund Size7,451 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
19.0%
15.7%
-
16.2%
Category Average
17.2%
6.4%
13.5%
-
Rank Within Category
16
2
-
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount500
Amount Per Month₹5,000
Duration
1Y back
3Y back
Would have become
0
with 19.0% returns per annum

Comparison

Data not available
Pros
1. Lower expense ratio - 0.56%
2. 1Y Returns are higher than the category average returns
Cons
1. Age is less than 5 years

Top Holdings

NameSectorInstrument% Assets
Bajaj Finance Ltd.FinancialEquity9.7%
Infosys Ltd.TechnologyEquity9.0%
HDFC Bank Ltd.FinancialEquity8.9%
Kotak Mahindra Bank Ltd.FinancialEquity7.5%
Tata Consultancy Services Ltd.TechnologyEquity5.8%
Avenue Supermarts Ltd.ServicesEquity5.8%
ICICI Bank Ltd.FinancialEquity4.6%
Reliance Industries Ltd.EnergyEquity3.5%
Housing Development Finance Corpn. Ltd.FinancialEquity3.1%
Divi's Laboratories Ltd.HealthcareEquity3.0%
See All

Fund Managers

Hitesh Das
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Axis Multicap Fund Direct Dividend Details

Axis Multicap Fund Direct Dividend is a Equity Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was made available to investors on 24 Nov 2017. Shreyash Devalkar is the Current Fund Manager of Axis Multicap Fund Direct Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹7,451 Cr and the Latest NAV as of 25 Jan 2021 is ₹14.29.

The Axis Multicap Fund Direct Dividend is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. For more than 10% of investments 1% will be charged if redeemed within 12 months

Investment Objective

The scheme seeks to generate long term capital appreciation by investing in a diversified portfolio of equity and equity related instruments across market capitalization by targeting undervalued companies that offer opportunities to generate superior capital gains from a medium-to-long term perspective.

Tax Implications

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.

Scheme Information Document(SID)

₹5000
Min for First Investment
₹100
Min for Second Investment
For more than 10% of investments 1% will be charged if redeemed within 12 months
Exit Load

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About Axis Mutual Fund

Address
Axis House, 1st Floor, C-2, Wadia International Centre, Pandurang Budhkar Marg, Worli, Mumbai 400025
Phone
022-43255161
Launch Date
04 Sep 2009
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,
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