Axis Consumption Fund Direct Growth
Equity
Direct
Equity - Consumption
NAV as on 20-12-2024
₹ 9.57
1D
Inception Returns
/yr
About Axis Consumption Fund Direct Growth
Axis Consumption Fund Direct Growth is an equity fund. This fund was started on 18 September, 2024. The fund is managed by Shreyash Devalkar. The fund could potentially beat inflation in the long-run.
Key Parameters
- Axis Consumption Fund Direct Growth has ₹4303 Cr worth of assets under management (AUM) as on Nov 2024 and is more than category average.
- The fund has an expense ratio 0.4.
Returns
Axis Consumption Fund Direct Growth has given a CAGR return of -5.06% since inception.
Holdings
Axis Consumption Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Consumer Defensive, Communication, Health, Industrial, Utilities, Financial Services, Basic Materials, Real Estate, Tech. Its top holdings are Bharti Airtel Ltd, Mahindra & Mahindra Ltd, Bajaj Auto Ltd, Zomato Ltd, Trent Ltd
Taxation
As it is a equity - consumption mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of Axis Consumption Fund Direct Growth
To provide long term capital appreciation from an actively managed portfolio of equity and equity related securities of companies engaged in consumption and consumption related sector or allied sectors.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 500.00. Axis Consumption Fund Direct Growth has no lock in period.
Historical NAV & Returns
INDmoney Rank for Axis Consumption Fund Direct Growth
Axis Consumption Fund Direct Growth Overview
| Expense ratio | 0.41% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹4303 Cr |
| Inception Date | 18 September, 2024 |
| Min Lumpsum/SIP | ₹100/₹500 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 0% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Trailing Returns
as on (20-Dec-24)
Fund Distribution
as on (30-Nov-24)
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Bharti Airtel Ltd | 8.66% | 3.6% | |
 Mahindra & Mahindra Ltd | 5.36% | 16.6% | |
 Bajaj Auto Ltd | 4.78% | 0% | |
 Zomato Ltd | 4.77% | 11.8% | |
 Trent Ltd | 4.47% | 8% |
Top Growth Drivers | 1M Return |
|---|---|
 Indian Hotels Co Ltd | 11.9% |
 Zomato Ltd | 8.1% |
 Mahindra & Mahindra Ltd | 2.7% |
Axis Consumption Fund Direct Growth Highlights
Very High Risk
Fund Allocations
AUM size ₹4303 Cr
Expense Ratio 0.41%
Frequently Asked Questions for Axis Consumption Fund Direct Growth
Axis Consumption Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.13% | 2.13% |
6 Month Returns | 0% | 0% |
1 Year Returns | 0% | 0% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
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