Axis Triple Advantage Direct Plan Growth is a Hybrid Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. R Sivakumar, Ashish Naik is the Current Fund Manager of Axis Triple Advantage Direct Plan Growth.The fund currently has an Asset Under Management(AUM) of ₹261 Cr and the Latest NAV as of 19 Aug 2019 is ₹21.0.
The Axis Triple Advantage Direct Plan Growth is rated Moderately High risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 5000. For units in excess of 10% of the investment, 1% will be charged for redemption within 12 months.
Investment Objective
To generate long term capital appreciation by investing in a diversified portfolio of equity and equity related instruments, fixed income instruments & gold Exchange Traded Funds.
Tax Implications
Returns are taxed as per your Income Tax slab, if sold before 3 years and 20% with indexation benefit post 3 years.
Scheme Information Document(SID)
₹5000
Min for First Investment
₹100
Min for Second Investment
For units in excess of 10% of the investment, 1% will be charged for redemption within 12 months
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