1 Year Return
as 20th Feb 2020
Min. SIP Amount
Profit (absolute return)
Min Lumpsum Amount
1.00% if redeemed within 12 months.
|Fund Managers||R Sivakumar, Anupam Tiwari|
|Legal Structure||Open Ended Investment Company|
|Risk Level||Moderately High risk|
|Net Receivables / (Payables)||18.78%|
|Reliance Industries Ltd||6.77%|
|HDFC Bank Ltd||6.47%|
|Clearing Corporation Of India Ltd||5.49%|
|Bajaj Finance Ltd||5.36%|
It is a hybrid mutual fund scheme that was launched by Axis mutual fund. , it was introduced on 7th Aug 2017 to its investors. Currently, the fund is managed by Anupam Tiwari, R Sivakumar, and Ashwin Patni. Also, the fund growth is rated moderately high risk. The minimum SIP investment is INR 1000, and, minimum lumpsum investment is INR 5000.
The objective is to generate capital-appreciation by investing in a portfolio of equity & equity-related securities whilst secondary objective is to generate income through investments in debt & money market instruments. Apart from this, it also aims to manage risk through active asset allocation. But there is no guarantee or assurance that the objective of the investment will be achieved.
1-year returns are higher than the benchmark
Launched in October 2009 as its first scheme, Axis Mutual Fund has witnessed remarkable growth. The success is attributed to three basic principles they follow: customer view, long-term relationship, and long-term capital appreciation. It seeks to deliver investment and state-of-the-art financial solutions by enabling financial security and confidence amongst the customers.