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, Ashish Naik|
|Legal Structure||Open Ended Investment Company|
|Risk Level||Moderately High risk|
|Axis Gold ETF||13.57%|
|Kotak Mahindra Bank Ltd||5.30%|
|Housing Development Finance Corp Ltd||5.25%|
|Bajaj Finance Ltd||5.18%|
|Clearing Corporation Of India Ltd||4.87%|
It is a hybrid mutual fund scheme that was launched by Axis mutual fund. , it was introduced on 1st Jan 2013 to its investors. Currently, the fund is managed by Ashish Naik. Also, the fund growth is rated moderately high risk. The minimum SIP investment is INR 1000, and, minimum lumpsum is INR 5000.
The objective is to generate long-term capital appreciation by investing in a diversified portfolio of equity & equity-related instruments, gold Exchange Traded Funds, and fixed income instruments. Returns are taxed according to your Income Tax Slab. If sold before 3 years & 20% with indexation benefit post 3-years.
1-year returns are higher than the benchmark
Dated in October 2009, Axis bank launched its first scheme, thus, welcoming themselves with remarkable growth in the market. Their success was attributed to three main principles: customer view, long-term relationship, and long-term capital appreciation. The goal of Axis Mutual Fund is to deliver state-of-the-art investment and financial solutions, thus, enabling confidence through financial security amongst the customers. Precisely, goal-oriented investing is on top-notch over un-planned parking of funds.