Holdings (64)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 9.69229033% |
| ICICI Bank Ltd. | Financial | Equity | 8.8168398% |
| Bharti Airtel Ltd. | Communication | Equity | 5.59209306% |
| Bajaj Finance Ltd. | Financial | Equity | 5.07640233% |
| Infosys Ltd. | Technology | Equity | 4.35486318% |
| Larsen & Toubro Ltd. | Construction | Equity | 3.42520125% |
| Tata Consultancy Services Ltd. | Technology | Equity | 3.14689322% |
| Sun Pharmaceutical Industries Ltd. | Healthcare | Equity | 3.01162989% |
| Reliance Industries Ltd. | Energy | Equity | 2.94492242% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 2.89012166% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 8.61% | 10.39% | 17.86% | 16.76% |
| Category Average | 7.21% | 12.87% | 21.91% | NA% |
| Rank Within Category | 43.00% | 78.00% | 57.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 0.7%
Inclusive of GST
Exit load
Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 12 months.
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. Devalkar is a B.Tech from UDCT Mumbai and PGDM (Management) from JBIMS Mumbai University
Experience
Prior to joining Axis Mutual Fund he has worked with BNP Paribas Mutual Fund as a Fund Manager, IDFC Capital, JP Morgan Services India and Calyon Bank.
Managed Schemes
Axis Bluechip Fund Direct Plan Growth
Axis Focused Direct Plan Growth
Axis ELSS Tax Saver Direct Plan Growth
Axis Midcap Direct Plan Growth
Axis Small Cap Fund Direct Growth
Axis Equity Advantage Fund Series 1 Direct Growth
Axis Flexi Cap Fund Direct Growth
Axis Growth Opportunities Fund Direct Growth
Axis ESG Integration Strategy Fund Direct Growth
Axis Nifty 50 Index Fund Direct Growth
Axis Multicap 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
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
Managed Schemes
Axis Bluechip Fund Direct Plan Growth
Axis Conservative Hybrid Fund Direct Growth
Axis Multi Asset Allocation Direct Plan Growth
Axis Equity Savings Fund Direct Growth
Axis Children's Fund Direct Compulsory Lock In Growth
Axis Children's Fund Direct No Lock In Growth
Axis Balanced Advantage Fund Direct Growth
Axis Aggressive Hybrid Fund Direct Growth
Axis Retirement Fund Aggressive Plan Direct Growth
Education
She is a Chartered Accountant
Experience
Prior to joining Axis Mutual Fund, she has worked with Price Waterhouse Coopers
Managed Schemes
Axis Bluechip Fund Direct Plan Growth
Axis Focused Direct Plan Growth
Axis Conservative Hybrid Fund Direct Growth
Axis Midcap Direct Plan Growth
Axis Multi Asset Allocation Direct Plan Growth
Axis Small Cap Fund Direct Growth
Axis Equity Savings Fund Direct Growth
Axis Children's Fund Direct Compulsory Lock In Growth
Axis Children's Fund Direct No Lock In Growth
Axis Flexi Cap Fund Direct Growth
Axis Aggressive Hybrid Fund Direct Growth
Axis Growth Opportunities Fund Direct Growth
Axis Retirement Fund Aggressive Plan Direct Growth
Axis Retirement Fund Dynamic Plan Direct Growth
Axis Retirement Fund Conservative Plan Direct Growth
Axis ESG Integration Strategy Fund Direct Growth
Axis Global Equity Alpha FoF Direct Growth
Axis Innovation Fund Direct Growth
Axis Greater China Equity FoF Direct Growth