Axis Multi Asset Allocation Direct Plan IDCW

Hybrid
Multi Asset Allocation
Very High Risk
Payout
14.93%
3Y annualised
-0.26% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 29 Sep 2023₹22.54
Min. SIP amount₹100
Rating1
Fund size₹1,365.48Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Hybrid Multi Asset Allocation
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns8.7%14.9%12.9%10.0%
Category average15.8%16.3%10.9%NA
Rank with in category1793NA
Understand terms

Holdings (61)

NameSectorInstrumentAssets
NAMutual Fund13.0%
FinancialEquity6.1%
FinancialEquity5.5%
FinancialEquity5.2%
ServicesEquity5.1%
TechnologyEquity4.8%
EnergyEquity4.3%
FinancialEquity3.7%
TechnologyEquity3.1%
ChemicalsEquity3.0%
See All

Pros and cons

Category: Hybrid Multi Asset Allocation

Pros

Cons

5Y and 10Y annualised returns higher than category average
Consistently lower annualised returns than category average for the past 1Y and 3Y
Lower expense ratio: 0.82%
Low rating: 1
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality

Expense ratio, exit load and tax

Expense ratio: 0.82%

Inclusive of GST

Exit load

For units in excess of 10% of the investment, 1% will be charged for redemption within 12 months

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

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.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹100
Min. for 2nd investment onwards₹100
Min. for SIP₹100

Fund management

R Sivakumar
Jan 2013 - Present
View details

Education
Mr. Sivakumar is a B.Tech from IIT Madras and MBA from IIM Ahmedabad.
Experience
Prior to joining Axis AMC he has worked with BNP Paribas Mutual Fund, Sundaram Mutual Fund (2001-2004), HDFC Mutual Fund and ITC Threadneedle.
Also manages these schemes

Ashish Naik
Jun 2016 - Present
View details

Education
Mr. Naik is a B.E from Mumbai University and MBA from XLRI, Jamshedpur.
Experience
Prior to joining Axis Mutual Fund he was associated with organizations such as Goldman Sachs and has over 7 years of experience as an Equity Analyst.
Also manages these schemes

Pratik Tibrewal
Apr 2023 - Present
View details

Education
Mr. Tibrewal is a B.Com, LLB (Gen) and MBA (Finance).
Experience
Prior to joining Axis Mutual Fund, he has worked with Inditrade Capital Ltd., Edelweiss Mutual Fund and Edelweiss Commodities trading Ltd..
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
"Axis House" - 1st Floor,C-2 - Wadia International Centre,Pandurang Budhkar Marg , Worli, Mumbai 400025
Phone
022-24255161
Launch Date
04 Sep 2009
E-mail
NA
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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