Holdings (30)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 15.4530399% |
| ICICI Bank Ltd. | Financial | Equity | 10.70833021% |
| Reliance Industries Ltd. | Energy | Equity | 9.61044162% |
| Infosys Ltd. | Technology | Equity | 6.24811592% |
| Bharti Airtel Ltd. | Communication | Equity | 5.16646714% |
| Larsen & Toubro Ltd. | Construction | Equity | 4.55235052% |
| ITC Ltd. | Consumer Staples | Equity | 4.23351444% |
| Tata Consultancy Services Ltd. | Technology | Equity | 4.07425595% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 3.56381454% |
| Axis Bank Ltd. | Financial | Equity | 3.50199919% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 8.72% | NA% | NA% | NA% |
| Category Average | 7.21% | 12.87% | 21.91% | NA% |
| Rank Within Category | 29.00% | NA% | NA% | NA% |
Expense ratio, exit load and tax
Expense ratio: 0.1%
Inclusive of GST
Exit load
Exit load of 0.25%, if redeemed within 7 days.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Fund management
Education
Mr. Kumar has done M.B.A, C.F.A, (USA) & B.E (Mechanical)
Experience
Prior to joining Axis Mutual Fund he has worked with SilverTree Hong Kong and Asiya Investment, Hong Kong
Managed Schemes
Axis Arbitrage Fund Direct Growth
Axis Nifty 100 Index Fund Direct Growth
Axis Income Advantage FoF Direct Growth
Axis Nifty 50 Index Fund Direct Growth
Axis Nifty Next 50 Index Fund Direct Growth
Axis Equity ETFs FoF Direct Growth
Axis Nifty Smallcap 50 Index Fund Direct Growth
Axis Nifty Midcap 50 Index Fund Direct Growth
Axis Nifty IT Index Fund Direct Growth
Axis BSE Sensex Index Fund Direct Growth
Axis Nifty Bank Index Fund Direct Growth
Axis Nifty 500 Index Fund Direct Growth
Axis Nifty500 Value 50 Index Fund DirectGrowth