Holdings (89)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| Mahindra & Mahindra Ltd. | Automobile | Equity | 5.64818604% |
| Reliance Industries Ltd. | Energy | Equity | 5.22471735% |
| Sun Pharmaceutical Industries Ltd. | Healthcare | Equity | 4.10565128% |
| Bharat Electronics Ltd. | Capital Goods | Equity | 3.77365828% |
| Tata Steel Ltd. | Metals & Mining | Equity | 2.76005294% |
| Hindalco Industries Ltd. | Metals & Mining | Equity | 2.7466139% |
| Cipla Ltd. | Healthcare | Equity | 2.57411778% |
| Cummins India Ltd. | Capital Goods | Equity | 2.45421881% |
| Hindustan Aeronautics Ltd. | Capital Goods | Equity | 2.19229353% |
| Solar Industries India Ltd. | Chemicals | Equity | 2.15055982% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | -4.14% | NA% | NA% | NA% |
| Category Average | -6.55% | 18.31% | 22.33% | NA% |
| Rank Within Category | 30.00% | NA% | NA% | NA% |
Expense ratio, exit load and tax
Expense ratio: 0.49%
Inclusive of GST
Exit load
Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 12 months.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
Fund management
Education
Mr. Devalkar is a B.Tech from UDCT Mumbai and PGDM (Management) from JBIMS Mumbai University
Experience
Prior to joining Axis Mutual Fund he has worked with BNP Paribas Mutual Fund as a Fund Manager, IDFC Capital, JP Morgan Services India and Calyon Bank.
Managed Schemes
Education
Mr. Arora has done M.Sc in Finance and Investments
Experience
Prior to joining Axis Mutual Fund, he has worked with Aviva Life Insurance Company India Ltd., Emkay Global Financial Services Ltd., Nirmal Bang Institutional Equities Ltd. and Bloomberg UTV Ltd..