| Launch date | 26 Nov 2021 |
| Allotment date | 16 Dec 2021 |
| End date | 10 Dec 2021 |
| NAV | ₹10.00 |
Expense ratio, exit load and tax
Expense ratio: 0.71%
Inclusive of GST
Exit load
or units in excess of 10% of the investment,1% will be charged for redemption within 365 days
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.
Minimum investment amounts
| Min. for 1st investment | ₹100 |
| Min. for 2nd investment onwards | ₹100 |
| Min. for SIP | ₹100 |
Fund management
Shreyash DevalkarMar 2023 - PresentView details
Hitesh DasMay 2023 - PresentView details
Sachin JainNov 2021 - PresentView details
Nitin AroraMay 2023 - PresentView details
Fund house & investment objective
| Rank (total assets) | #7 in India |
|---|---|
| Total AUM | ₹2,66,090.22Cr |
| Date of Incorporation | 04 Sep 2009 |
|---|
Axis Multicap Fund Direct - Growth - NFO is a Equity Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was made available to investors on 04 Sep 2009. Anupam Tiwari is the Current Fund Manager of Axis Multicap Fund Direct - Growth - NFO fund. The fund currently has an Asset Under Management(AUM) of ₹2,66,090 Cr and the Latest NAV as of 16 Dec 2021 is ₹10.00. The Axis Multicap Fund Direct - Growth - NFO is rated Very High risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹100. or units in excess of 10% of the investment,1% will be charged for redemption within 365 days ;
| Fund benchmark | NA |
|---|