AXAxis MFRegular · Growth

Axis Equity Advantage Fund - Series 1 - Regular Plan - Growth

hybridHybrid - Arbitrage FundBenchmark: CRISIL Composite Bond Index
NAV · 30 Sep 2021₹17.16-0.07%
AUM₹1.2k Cr
Expense Ratio2.40%
CAGR
Exit Load
Min SIP
Launched2017

Investment Objective

To generate over capital appreciation 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. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.

Fund Mandate

Debt & MMI0%–35%
Equity and Equity related instruments65%–100%
Asset Allocation
Domestic Equity82.1%
Cash & Equivalents17.9%
Fund Managers
SD
Shreyash Devalkar
Fund Manager
Key Information
2.40%
₹5,000
Nil
Inception25 May 2017
AMCAxis MF
Top Holdings
1Clearing Corporation of India Ltd24.29%
2HDFC Bank LimitedBanks7.70%
3Avenue Supermarts LimitedRetailing6.85%
4Tata Consultancy Services LimitedSoftware6.43%
5ICICI Bank LimitedBanks6.06%
6Infosys LimitedSoftware5.90%
7Bajaj Finance LimitedFinance5.79%
8DLF LimitedConstruction5.08%
9Reliance Industries LimitedPetroleum Products4.74%
10Bajaj Finserv LimitedInsurance3.88%
Sector Allocation
Other24.3%
Banks16.8%
Software14.7%
Retailing6.9%
Finance5.8%
Construction5.1%
Pharmaceuticals4.9%
Petroleum Products4.7%
Insurance3.9%
Healthcare Services3.0%
Chemicals2.9%
Telecom - Services2.7%
Industrial Products2.6%
Consumer Durables2.4%
Consumer Non Durables1.8%
Trailing Returns
PeriodReturns
1 Day-0.07%
Risk Metrics

Risk metrics are not available for this fund.

Fees
2.40%
Nil
₹5,000
Capital Gains Tax, general rules

This is a debt/other (non-equity-oriented) fund. For units acquired on or after 1 April 2023, gains are taxed at your applicable income-tax slab rate regardless of holding period, the earlier long-term/indexation treatment for debt funds was removed by the Finance Act 2023.

General information only, not tax advice, actual liability depends on your overall income and applicable law at the time of redemption. Consult a tax advisor for your specific situation.

Frequently Asked QuestionsGeneral mutual-fund FAQs, not specific to this scheme