Fund Details
Axis Triple Advantage Fund Dividend
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 2.28% |
| NAV | ₹18.28 (27 Jan 2021) |
|---|---|
| Fund Started | 23 Aug 2010 |
| Fund Size | ₹692 Cr |
Returns
Comparison
1. 3Y Returns are higher than the category average returns
2. 5Y Returns are higher than the category average returns
3. 10Y Returns are higher than the category average returns
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. Risk-adjusted returns are lower compared to the category
3. Risk is higher compared to the benchmark
4. Higher expense ratio
5. 1Y Returns are lower than the benchmark
6. 3Y Returns are lower than the benchmark
7. 5Y Returns are lower than the benchmark
8. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
9. Risk-adjusted returns are lower compared to the category
10. Higher expense ratio - 2.33%
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Axis Gold ETF Fund | Financial | Mutual Fund | 10.0% |
| HDFC Bank Ltd. | Financial | Equity | 5.1% |
| Bajaj Finance Ltd. | Financial | Equity | 4.9% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 4.8% |
| Reliance Industries Ltd. | Energy | Equity | 4.3% |
| Tata Consultancy Services Ltd. | Technology | Equity | 4.3% |
| Infosys Ltd. | Technology | Equity | 4.0% |
| ICICI Bank Ltd. | Financial | Equity | 3.5% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 3.2% |
| Bajaj Finserv Ltd. | Financial | Equity | 2.8% |
Fund Managers
Axis Triple Advantage Fund Dividend Details
Axis Triple Advantage Fund Dividend is a Hybrid Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was made available to investors on 23 Aug 2010. R Sivakumar, Ashish Naik is the Current Fund Manager of Axis Triple Advantage Fund Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹692 Cr and the Latest NAV as of 27 Jan 2021 is ₹18.28.
The Axis Triple Advantage Fund Dividend is rated Moderately High risk. Minimum SIP Investment is set to 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
The fund seeks to generate regular income through investments in diversified portfolio of equity and equity related instruments, fixed income securities and 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.
