Axis Dynamic Equity Fund Direct Growth
Min amount: ₹500
- Fund Summary
- More about Fund
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|Fund Type||Dynamic Asset Allocation|
|Exit Load||1% for 365 Days|
More about this fund
|Net Receivables / (Payables)||21.36%|
|Clearing Corporation Of India Ltd||13.46%|
|Future on Nifty 50 Index||5.89%|
|ICICI Bank Ltd||5.49%|
|Tata Consultancy Services Ltd||5.38%|
|HDFC Bank Ltd||4.49%|
|Housing Development Finance Corp Ltd||4.46%|
|Reliance Industries Ltd Shs Dematerialised||3.97%|
|Kotak Mahindra Bank Ltd||2.83%|
About Axis Dynamic Equity Fund - Direct Plan - Growth
The main intention of the Axis Dynamic Equity Fund is to mitigate risk and generate high returns through active asset allocation. As this fund invests across a variety of equity-linked securities, the portfolio is well diversified.
Pros and Cons of Axis Dynamic Equity Fund - Direct Plan - Growth
As Axis Dynamic Equity Fund invests in several equities, the investors get a diversified portfolio, which is beneficial at times of market volatility. Hence, there is no need to time the markets. On the flip side, the risk possessed by this fund is moderately high.
Fund Information and Statistics
i) Inception/Launch Date Axis Dynamic Equity Fund was launched on 1 August 2017.
ii) Risk Level The Axis Mutual Fund house has classified Axis Dynamic Equity Fund under the ‘moderately high’ risk category.
iii) Redemption As the Axis Dynamic Equity Fund is an open-ended scheme, you can place redemption requests any time. However, you have to be aware of the applicable exit load and tax on capital gains.
iv) Fund Manager Mr Anupam Tiwari is the current fund manager of the Axis Dynamic Equity Fund.
v) Entry/Exit Load The Securities and Exchange Board of India (SEBI) has mandated that no mutual fund scheme should come with an entry load. On the other hand, fund units redeemed in excess of 10% within the first year attracts an exit load of 1%. After one year, no exit load applies.
About Axis Mutual Fund
Axis Mutual Fund entered the mutual fund industry in 2009 with Axis Mutual Fund Trustee Limited and Axis Bank Limited as the trustee and sponsor respectively. It is now a leading fund house in the country, and its assets under management (AUM) amounted to Rs 1.2 lakh crore as of December 2009.
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Min amount: ₹500
All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,
- High Risk = High possible returns
- Low Risk = Stable, relatively lower returns