e.g. Tata motors, Reliance MF, 500570

Axis Equity Advantage Fund - Series 1 - Growth

Equity Multi Cap Very High

NAV on (No Data Available)

₹0.00

No Data Available

Fund Size

₹1191.6 Crores

1Y Returns

No Data Available%

 

Earn 1% Higher Returns on Direct Funds

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Disclaimer: Mutual Fund investments are subject to market risks. Read all scheme related documents carefully before investing.

 

Investment Objective

To generate capital appreciation over medium to long-term from a diversified portfolio of predominantly equity & equity related instruments. It also aims to manage risk through use of active hedging techniques.

AMC

Axis Asset Management Company Ltd.

Fund Details

Launch Date

May 5, 2017

Fund Manager

Mr. Shreyash Devalkar

Initial Price

10

AUM Fund

1191.6 Cr

Min investment

Rs 5000

Expense Ratio

1.32%

Exit Load

Nil

Equity / Mid Cap funds 1Y 3Y Fund Size (Cr)
64.50% 78.34% ₹3049.11
64.42% 78.48% ₹3049.11
62.72% 73.09% ₹3049.11
62.58% 72.95% ₹3049.11
56.50% 174.60% ₹721.53

Holdings

Sector Allocation

Banks 16.82%
Retail 6.85%
Information Technology 14.73%
Finance 12.24%
Construction 5.08%
Miscellaneous 4.74%
Pharmaceuticals and health care 7.88%
Chemicals 2.92%
Telecommunications 2.68%
Plastics 2.61%
Consumer Durables 2.36%
Paints and Pigments 1.82%
Tea / Coffee 1.37%
Address
One Lodha Place, 22 & 23 Floor, Senapati Bapat Marg, Lower Parel, Mumbai Maharashtra India 400013
Phone
+91 22 66496100
Fax
+91 22 43255199
Launch Date
May 5, 2017
Custodian
Deutsche Bank A. G.
Registrar & Transfer Agent
KFin Technologies Limited

Frequently Asked Questions

Q: What is the current NAV of Axis Equity Advantage Fund - Series 1 - Growth?

A: The latest NAV of Axis Equity Advantage Fund - Series 1 - Growth is ₹ .

Q: What type of mutual fund is Axis Equity Advantage Fund - Series 1 - Growth?

A: Axis Equity Advantage Fund - Series 1 - Growth is a 'Equity - Multi Cap' type mutual fund managed by 'Axis Asset Management Company Ltd.'.

Q: What is the expense ratio of Axis Equity Advantage Fund - Series 1 - Growth?

A: The expense ratio of Axis Equity Advantage Fund - Series 1 - Growth is 1.32%, which impacts overall returns.

Q: Who manages Axis Equity Advantage Fund - Series 1 - Growth?

A: Axis Equity Advantage Fund - Series 1 - Growth is managed by Mr. Shreyash Devalkar, who oversees investment strategy and portfolio decisions.

Q: Is Axis Equity Advantage Fund - Series 1 - Growth a good investment?

A: Axis Equity Advantage Fund - Series 1 - Growth may be suitable depending on your financial goals, risk appetite, and investment horizon. Always evaluate fund performance and consult a financial advisor.

Q: What is the exit load of Axis Equity Advantage Fund - Series 1 - Growth?

A: The exit load of Axis Equity Advantage Fund - Series 1 - Growth is Nil, applicable if redeemed within the specified period.

Q: How is Axis Equity Advantage Fund - Series 1 - Growth taxed?

A: Taxation depends on the fund type (equity/debt) and holding period as per Indian tax laws.

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