3 Year return
10.45%Investment Details
Calculate Returns
Based on past performance of this fund
Risk Involved
Your principal will be at
Very High Risk
Asset Under Management
₹1615.65 Cr.
Expense Ratio
1.06% (inclusive of GST)
Exit Load
If redeemed/swich out before 12 months from the date of allotment: - For 10% of investment : Nil - For remaining investment : 1% 1.00% - If redeemed/switched out on or before 12 months from the date of allotment NIL - If redeemed/switch out after 12 months from the date of allotment.
Tax Implications
Withdrawal within 1 year:
20% tax on gains
Withdrawal after 1 year:
12.5% tax on gains above ₹1.25 lakh per financial year
Fund Holdings
Axis Mutual Fund Managers
AN
Ashish Naik
Fund Manager since Apr 2022
Fund House Details
Axis Mutual Fund Asset management company
Peer Comparison
Comparison with other similar funds
Funds
|
3 Y Returns
|
ARQ Rating
|
---|---|---|
JM Aggressive Hybrid Fund |
25.24% |
3.5 |
Bank of India Mid and Small Cap Equity and Debt Fund |
20.98% |
3 |
Quant Absolute Fund |
15.95% |
4 |
Schemes by Axis Mutual Fund
List of mutual fund schemes by AMC
Hybrid . Aggressive Hybrid Fund
Axis Aggressive Hybrid Fund Direct Plan Monthly IDCW Payout
Hybrid . Aggressive Hybrid Fund
Axis Aggressive Hybrid Fund Direct Plan Monthly IDCW Reinvestment
Hybrid . Aggressive Hybrid Fund
Axis Aggressive Hybrid Fund Direct Plan Growth
Hybrid . Aggressive Hybrid Fund
Axis Aggressive Hybrid Fund Direct Plan Quarterly IDCW Payout
Hybrid . Aggressive Hybrid Fund
Axis Aggressive Hybrid Fund Direct Plan Quarterly IDCW Reinvestment
About Axis Equity Hybrid Fund Direct Plan Monthly IDCW Reinvestment
The Axis Equity Hybrid Fund Direct Plan Monthly IDCW Reinvestment is a hybrid mutual fund that invests in a mix of equity and debt securities. It is offered by Axis Mutual Fund. It aims to provide high returns with moderate risk by investing at least 65% of its corpus in equity and up to 35% in debt. The fund follows an IDCW (Income Distribution cum Capital Withdrawal) strategy, which means that it distributes a portion of its income to investors every month, while also withdrawing a portion of the capital to invest in new securities. Axis Equity Hybrid Fund Direct Plan Monthly IDCW Reinvestment is an open-ended fund. Its expense ratio is lower than the category average.
Investment Objectives of the Scheme
The investment objective of the Axis Equity Hybrid Fund Direct Plan Monthly IDCW Reinvestment is to generate high returns with moderate risk by investing in a mix of equity and debt securities. The fund aims to achieve this by: Investing at least 65% of its corpus in equity, with a focus on large-cap and mid-cap stocks. Investing up to 35% of its corpus in debt, with a focus on government securities and high-quality corporate bonds. Following an IDCW (Income Distribution cum Capital Withdrawal) strategy to distribute a portion of its income to investors every month, while also withdrawing a portion of the capital to invest in new securities.
Key Features of The Fund
5-year return | 13.45% |
Expense Ratio | 1.06% |
Fund Manager | Ashish Naik |
Fund Size | ₹1615.65 Cr |
Risk Profile | Very High |
Is This Scheme Right for Me?
The Axis Equity Hybrid Fund Direct Plan Monthly IDCW Reinvestment is suitable for investors who are looking for high returns with moderate risk. The fund is a good option for investors who are willing to invest for the long term and who are comfortable with the possibility of short-term volatility in the market.
AMC Contact Details
Name | Axis Mutual Fund |
Launch Date | January 2009 |
Addresss | Axis House, First Floor, C-2, Wadia International Centre, Pandurang Budhkar Marg, Worli, Mumbai - 400025 |
Contact | 8108622211 |
customerservice@axismf.com | |
Website | https://www.axismf.com/ |
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.
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FAQs
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- Select the type of investment: SIP or one-time.
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How to start an SIP in Axis Aggressive Hybrid Fund Direct Plan Monthly IDCW Reinvestment?
- Click on the ‘Invest’ button.
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How do I automate an SIP in Axis Aggressive Hybrid Fund Direct Plan Monthly IDCW Reinvestment?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
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How can I withdraw/redeem my investment in Axis Aggressive Hybrid Fund Direct Plan Monthly IDCW Reinvestment?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
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