Axis Multicap Fund Regular Growth is a Equity Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was introduced to investors on 17 Nov 2017. Jinesh Gopani, Shreyash Devalkar is the Current Fund Manager of Axis Multicap Fund Regular Growth.The fund currently has an Asset Under Management(AUM) of ₹5,852 Cr and the Latest NAV as of 30 Mar 2020 is ₹10.12.
The Axis Multicap Fund Regular Growth is rated Moderately High risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 5000. For more than 10% of investments 1% will be charged if redeemed within 12 months.
Investment Objective
To generate long term capital appreciation by investing in a diversified portfolio of equity and equity related instruments across market capitalization. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved.
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
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