Axis Special Situations Fund Direct - Growth - NFO

Equity
Sectoral / Thematic
High Risk
Launch date04 Dec 2020
Allotment date24 Dec 2020
End date18 Dec 2020
NAV₹10.00

Fund Overview

Overview of Axis Special Situations Fund Direct - Growth - NFO

Expense ratio, exit load and tax

Expense ratio: 1.20%

Inclusive of GST

Exit load

For Investment above 10%, Exit load of 1% if redeemed 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

Minimum investment amounts

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

Fund management

Ashish Naik
Dec 2020 - 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

Krishnaa N
Mar 2024 - Present
View details

Also manages these schemes

Fund house & investment objective

Rank (total assets)#7 in India
Total AUM₹2,81,365.34Cr
Date of Incorporation04 Sep 2009

Axis Special Situations 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. Ashish Naik is the Current Fund Manager of Axis Special Situations Fund Direct - Growth - NFO fund. The fund currently has an Asset Under Management(AUM) of ₹2,81,365 Cr and the Latest NAV as of 24 Dec 2020 is ₹10.00. The Axis Special Situations Fund Direct - Growth - NFO is rated High risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹100. For Investment above 10%, Exit load of 1% if redeemed within 12 months. ;

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
Website
NA
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