Expense ratio, exit load and tax
Expense ratio: 0.9%
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. 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..
Managed Schemes
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