Expense ratio, exit load and tax
Expense ratio: 0.53%
Inclusive of GST
Exit load
Nil
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. Das is a PGDM, M.Tech, B.Tech
Experience
Prior to joining Axis Mutual Fund, he has worked with Barclays Securities India Pvt. Ltd., Credit Suisse Securities (India) Pvt. Ltd., Ebusinessware (India) Pvt. Ltd., Yes Bank.
Managed Schemes
Axis Bluechip Fund Direct Plan Growth
Axis Focused Direct Plan Growth
Axis Midcap Direct Plan Growth
Axis Small Cap Fund Direct Growth
Axis Equity Savings Fund Direct Growth
Axis Flexi Cap Fund Direct Growth
Axis Growth Opportunities Fund Direct Growth
Axis Capital Builder Fund Series 4 (1582 Days) 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
Axis Global Innovation FoF Direct Growth
Axis Nifty 50 Index Fund Direct Growth
Axis Multicap Fund Direct Growth
Axis NASDAQ 100 FoF Direct Growth
Axis Business Cycles Fund Direct Growth
Axis Nifty IT Index Fund Direct Growth