1M
6M
1Y
3Y
All
| NAV: 13 May 2024 | ₹18.35 |
| Min. SIP amount | ₹1,000 |
| Rating | 1 |
| Fund size | ₹347.27Cr |
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Returns and rankings
Category: Solution Oriented Retirement
Annualised returns
Absolute returns
| 6M | 1Y | 3Y | All | |
|---|---|---|---|---|
| Fund returns | NA | 29.2% | 14.8% | 14.8% |
| Category average | NA | 22.1% | 12.0% | NA |
| Rank with in category | NA | 3 | 6 | NA |
Understand terms
Holdings (71)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
ICICI Bank Ltd. | Financial | Equity | 6.04% |
Reliance Industries Ltd. | Energy | Equity | 5.09% |
Torrent Power Ltd. | Energy | Equity | 4.42% |
HDFC Bank Ltd. | Financial | Equity | 3.53% |
Pidilite Industries Ltd. | Chemicals | Equity | 3.13% |
Tata Consultancy Services Ltd. | Technology | Equity | 3.11% |
Bajaj Finance Ltd. | Financial | Equity | 2.84% |
Infosys Ltd. | Technology | Equity | 2.70% |
GOI | Sovereign | GOI Sec | 2.68% |
Larsen & Toubro Ltd. | Construction | Equity | 2.49% |
See All
Pros and cons
Category: Solution Oriented Retirement
Pros
Cons
Exit load is zero
Lock-in period: 5Y
Lower expense ratio: 1.06%
Low rating: 1
Average credit rating of the fund's holdings: AAA
This fund has holdings of the highest quality
Consistently higher annualised returns than category average for the past 1Y and 3Y
1Y category rank: 3
Higher alpha: 1.25
The fund has generated returns higher than benchmark - CRISIL Hybrid 35+65 Aggressive Index - in the last 3Y
Expense ratio, exit load and tax
Expense ratio: 1.06%
Inclusive of GST
Exit load
Nil
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
Check past data
Minimum investment amounts
| Min. for 1st investment | ₹5,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹1,000 |
Fund management
Devang ShahApr 2024 - PresentView details
Devang Shah
Apr 2024 - Present
View details
Education
Mr. Shah is B.Com and ACA.
Experience
Prior to joining Axis AMC he has worked with ICICI Prudential AMC, Deutsche Asset Management (India) Pvt. Ltd. and Pricewaterhouse Coopers.
Also manages these schemes
Hardik ShahApr 2024 - PresentView details
Hardik Shah
Apr 2024 - Present
View details
Education
Mr. Shah has done B.E. Information Technology and MBA Finance.
Experience
Prior to joining Axis Mutual Fund, he has worked with Nippon India Mutual Fund, Quantum Asset Management Company and ICAP India (P) Ltd.
Also manages these schemes
Nitin AroraMay 2023 - PresentView details
Nitin Arora
May 2023 - Present
View details
Education
Mr. Arora has done M.Sc in Finance and Investments
Experience
Prior to joining Axis Mutual Fund, he has worked with Aviva Life Insurance Company India Ltd., Emkay Global Financial Services Ltd., Nirmal Bang Institutional Equities Ltd. and Bloomberg UTV Ltd..
Also manages these schemes
Jayesh SundarJan 2024 - PresentView details
Jayesh Sundar
Jan 2024 - Present
View details
Education
Mr. Sundar is a Chartered Accountant
Experience
Prior to joining Axis MF, he has worked with Aviva Life Insurance Company, Tata Securities Ltd., Collins Stewart India Pvt. Ltd., IL&FS Investsmart and CRISIL
Also manages these schemes
Krishnaa NMar 2024 - PresentView details
Krishnaa N
Mar 2024 - Present
View details
Also manages these schemes
Fund house & investment objective
Fund house contact details
Address
23rd Floor, One Lodha Place,S. B. Road, Lower Parel. Mumbai 400013
Phone
022-24255161
Launch Date
04 Sep 2009
E-mail
NAWebsite
www.axismf.com
Axis Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
Email
[email protected]Website
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