3 Year return

12.4%
Launched on October 2017 (7 years)

Investment Details

₹100

Minimum SIP Amount

₹100

Minimum one time investment

Fund has no lock-in period

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Your Investment ₹3,00,000
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Risk Involved

scale

Your principal will be at

Very High Risk

Scheme Information

Asset Under Management

₹12854.88 Cr.

Expense Ratio

0.7% (inclusive of GST)

Exit Load

1.00% - If units are redeemed/switched-out within 12 months from the date of allotment. Nil - If units are redeemed/switched-out after 12 months from the date of allotment.

Ratings

ARQ Rating
2.5

Ratings by other agencies

4
1
4

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

Holdings

Axis Mutual Fund Managers

SD

Shreyash Devalkar

Fund Manager since Aug 2024

View Details

Fund House Details

Axis Mutual Fund

Axis Mutual Fund Asset management company

AUM ₹313,387.24 Cr.
No. of Schemes 262
Setup Date January 2009

Peer Comparison

Comparison with other similar funds

Funds
3 Y Returns
ARQ Rating

JM Flexicap Fund

28.28%

2.5

Quant Flexi Cap Fund

20.17%

0

Parag Parikh Flexi Cap Fund

17.41%

3.5

Schemes by Axis Mutual Fund

List of mutual fund schemes by AMC

About the Axis Flexi Cap Fund Direct Plan IDCW Reinvestment

Axis Flexi Cap Fund Direct Plan IDCW Reinvestment is an equity mutual fund scheme that invests in a diversified portfolio of large-cap, mid-cap, and small-cap stocks. It is offered by Axis Mutual Fund and is categorised as flexi cap fund. The Axis Flexi Cap Fund Direct Plan IDCW Reinvestment is an open ended fund. Its expense ratio is lower than the category average. The dividends and interest income of the fund are reinvested in the scheme. This boosts the overall growth of the scheme.

Investment Objectives of the Scheme

The investment objective of the Axis Flexi Cap Fund Direct Plan IDCW Reinvestment is to seek long-term capital appreciation by investing in a diversified portfolio of equity and equity-related instruments. The fund may invest in a mix of large-cap, mid-cap, and small-cap stocks, with the objective of maximising returns while mitigating risk.

Key Features of The Fund

5-year return 17.52%
Expense Ratio 0.7%
Fund Manager Shreyash Devalkar
Fund Size ₹12854.88 Cr
Risk Profile Very High

Is This Scheme Right for Me?

The Axis Flexi Cap Fund Direct Plan IDCW Reinvestment is suitable for investors who are looking for long-term growth with a moderate risk appetite. The fund is a good option for investors who are willing to invest for at least 3-5 years and are looking for high returns. However, investors should also be aware of the risks associated with investing in equity mutual funds, such as the possibility of losing money.

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
Email 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.

Achieve Financial Freedom with SIP

Consider using SIPs to achieve your financial goals like retirement planning or a child's education. SIPs inculcate a habit of regular saving and benefit from the power of compounding. Estimate how much you need to invest monthly to reach your target corpus using Angel One's SIP calculator. This free tool helps you plan your SIP investment strategy for various financial goals.

FAQs

What is today's NAV of Axis Flexi Cap Fund Direct Plan IDCW Reinvestment?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of Axis Flexi Cap Fund Direct Plan IDCW Reinvestment Dec 12 2024 is 20.46

What is the AUM of Axis Flexi Cap Fund Direct Plan IDCW Reinvestment?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of Axis Flexi Cap Fund Direct Plan IDCW Reinvestment is 12854.88 crore.

What is the expense ratio of Axis Flexi Cap Fund Direct Plan IDCW Reinvestment?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of Axis Flexi Cap Fund Direct Plan IDCW Reinvestment is 0.7%

What are the returns of Axis Flexi Cap Fund Direct Plan IDCW Reinvestment since inception?

The Axis Flexi Cap Fund Direct Plan IDCW Reinvestment was launched on Oct 30 2017. The fund has delivered a CAGR of 16.38 since inception.

What is the minimum SIP amount to invest in Axis Flexi Cap Fund Direct Plan IDCW Reinvestment?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for Axis Flexi Cap Fund Direct Plan IDCW Reinvestment is 100.

How do I invest in Axis Flexi Cap Fund Direct Plan IDCW Reinvestment?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in Axis Flexi Cap Fund Direct Plan IDCW Reinvestment?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in Axis Flexi Cap Fund Direct Plan IDCW Reinvestment?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in Axis Flexi Cap Fund Direct Plan IDCW Reinvestment?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.