Equity
Direct
Equity - Consumption
NAV as on 31-10-2024
₹ 9.44
1D
Inception Returns
/yr
Axis Consumption Fund Direct Growth is an equity fund. This fund was started on 18 September, 2024. The fund is managed by . The fund could potentially beat inflation in the long-run.
Axis Consumption Fund Direct Growth has given a CAGR return of -5.95% since inception.
Axis Consumption Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Consumer Defensive, Communication, Industrial, Health, Utilities, Basic Materials, Financial Services, Real Estate. Its top holdings are Bharti Airtel Ltd, Bajaj Auto Ltd, Mahindra & Mahindra Ltd, Zomato Ltd, Trent Ltd
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.
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 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.
Expense ratio | 0.36% |
Benchmark | S&P BSE 500 India TR INR |
AUM | ₹4461 Cr |
Inception Date | 18 September, 2024 |
Min Lumpsum/SIP | ₹100/₹500 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 0% |
STCG | Redeeming 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 |
as on (31-Oct-24)
as on (30-Sep-24)
Axis Consumption Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -7.24% | -7.24% |
6 Month Returns | 0% | 0% |
1 Year Returns | 0% | 0% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Axis Consumption Fund Direct Growth | - | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Axis Consumption Fund Direct Growth | - | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Axis Consumption Fund Direct Growth | - | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Axis Consumption Fund Direct Growth | - | - | - |