| Launch date | 11 Jun 2021 |
| Allotment date | 01 Jul 2021 |
| End date | 25 Jun 2021 |
| NAV | ₹10.00 |
Fund Overview
Expense ratio, exit load and tax
Expense ratio: 0.59%
Inclusive of GST
Exit load
For 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
Ashish NaikMay 2022 - PresentView details
Vinayak JayanathJan 2023 - PresentView details
Karthik KumarJul 2023 - PresentView details
Fund house & investment objective
| Rank (total assets) | #7 in India |
|---|---|
| Total AUM | ₹2,59,965.97Cr |
| Date of Incorporation | 04 Sep 2009 |
|---|
Axis Quant 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. Hitesh Das is the Current Fund Manager of Axis Quant Fund Direct - Growth - NFO fund. The fund currently has an Asset Under Management(AUM) of ₹2,59,966 Cr and the Latest NAV as of 01 Jul 2021 is ₹10.00. The Axis Quant Fund Direct - Growth - NFO is rated Very High risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹100. For units in excess of 10% of the investment,1% will be charged for redemption within 365 days ;
| Fund benchmark | NA |
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