|Min SIP Amount||₹500|
|NAV||₹17.81 (22 Jun 2021)|
|Fund Started||13 Nov 2017|
|Fund Size||₹8,230 Cr|
|Bajaj Finance Ltd.||Financial||Equity||8.8%|
|HDFC Bank Ltd.||Financial||Equity||7.6%|
|Kotak Mahindra Bank Ltd.||Financial||Equity||6.4%|
|ICICI Bank Ltd.||Financial||Equity||6.2%|
|Tata Consultancy Services Ltd.||Technology||Equity||5.8%|
|Avenue Supermarts Ltd.||Services||Equity||5.8%|
|Motherson Sumi Systems Ltd.||Automobile||Equity||3.9%|
|Housing Development Finance Corpn. Ltd.||Financial||Equity||3.2%|
|Divi's Laboratories Ltd.||Healthcare||Equity||3.0%|
Axis Flexi Cap Fund Direct Growth is a Equity Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was made available to investors on 13 Nov 2017. Jinesh Gopani, Shreyash Devalkar is the Current Fund Manager of Axis Flexi Cap Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹8,230 Cr and the Latest NAV as of 22 Jun 2021 is ₹17.81.
The Axis Flexi Cap Fund Direct Growth is rated Very 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
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.
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.