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NIFTY 5022,453.30+0.98%SENSEX74,235.62+1.24%BANK NIFTY48,892.15+1.45%NIFTY IT35,124.80-0.52%NIFTY MIDCAP52,487.25+0.87%NIFTY 5022,453.30+0.98%SENSEX74,235.62+1.24%BANK NIFTY48,892.15+1.45%NIFTY IT35,124.80-0.52%NIFTY MIDCAP52,487.25+0.87%
AXAxis MFRegular · Growth

Axis Equity Advantage Fund - Series 2 - Regular Plan - Growth

hybridHybrid - Arbitrage FundBenchmark: CRISIL Composite Bond Index
NAV · 02 Feb 2021₹14.80+0.79%
AUM₹122 Cr
Expense Ratio2.93%
CAGR—
Exit Load—
Min SIP—
Launched2017

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. 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 Equity69.8%
Debt0.2%
Cash & Equivalents29.9%
Other0.1%
Fund Managers
SD
Shreyash Devalkar
Fund Manager
Key Information
2.93%
—
₹5,000
—
Nil
Inception03 Aug 2017
AMCAxis MF
Top Holdings
1Clearing Corporation of India Ltd29.40%
2Housing Development Finance Corporation LimitedFinance7.67%
3Infosys LimitedSoftware7.41%
4Avenue Supermarts LimitedRetailing5.86%
5ICICI Bank LimitedBanks5.32%
6Kotak Mahindra Bank LimitedBanks4.75%
7Tata Consultancy Services LimitedSoftware4.58%
8Reliance Industries LimitedPetroleum Products4.07%
9HDFC Bank LimitedBanks3.89%
10Hindustan Unilever LimitedConsumer Non Durables3.39%
Sector Allocation
Other29.4%
Software14.2%
Banks14.0%
Finance10.8%
Retailing5.9%
Petroleum Products4.1%
Consumer Non Durables3.4%
Telecom - Services2.1%
Pharmaceuticals2.0%
Chemicals1.9%
Consumer Durables1.9%
Auto1.4%
Construction1.3%
Healthcare Services1.1%
Ferrous Metals1.0%
On This Page
NAV growthAsset allocationTop holdings
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Trailing Returns
PeriodReturns
1 Day+0.79%
Risk Metrics

Risk metrics are not available for this fund.

Fees
2.93%
—
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