3 Year return

12.1%
Launched on January 2013 (11 years)

Investment Details

₹100

Minimum SIP Amount

₹100

Minimum one time investment

Fund has no lock-in period

Calculate Returns

Based on past performance of this fund

ENTER AMOUNT

Your Investment ₹3,00,000
Gain
  • Total Value

ENTER AMOUNT

Your Investment
Gain
  • Total Value

Risk Involved

scale

Your principal will be at

Very High Risk

Scheme Information

Asset Under Management

₹1245.86 Cr.

Expense Ratio

1.21% (inclusive of GST)

Exit Load

If redeemed/swich out within 12 months from the date of allotment: - For 10% of investment : Nil - For remaining investment : 1% NIL - If redeemed/switch out after 12 months from the date of allotment.

Ratings

ARQ Rating
1.5

Ratings by other agencies

2
0
0

Tax Implications

Withdrawal within 1 year:

15% tax on gains

Withdrawal after 1 year:

10% tax on gains above ₹1 lakh per financial year

Fund Holdings

Holdings

Axis Mutual Fund Managers

RS

R Sivakumar

Fund Manager since Jul 2015

View Details

Fund House Details

Axis Mutual Fund

Axis Mutual Fund Asset management company

AUM ₹292,977.03 Cr.
No. of Schemes 248
Setup Date NA

Peer Comparison

Comparison with other similar funds

Schemes by Axis Mutual Fund

List of mutual fund schemes by AMC

About Axis Triple Advantage Fund Direct Plan Quarterly IDCW Payout

Axis Triple Advantage Fund, managed by Axis Mutual Funds, is a unique investment option designed to offer a three-pronged approach to wealth accumulation. This fund adopts a hybrid strategy, focusing on investments in equities, debt instruments, gold and if needed, ReIT and InvIT units. As a direct plan, Axis Triple Advantage Fund streamlines the investment process by eliminating intermediaries. The Quarterly IDCW Payout scheme is applied, where quarterly dividends are paid out.

Investment Objectives of the Scheme

Axis Triple Advantage Fund aims to provide a balanced investment approach, targeting capital appreciation through diverse investments in equities, debt, and gold ETFs. The fund's strategy seeks to generate long-term capital appreciation, appealing to investors seeking a well-rounded portfolio. The fund also provides regular income to its investors.

Key Features of The Fund

5-year return 15.53%
Expense Ratio 1.21%
Fund Manager R Sivakumar
Fund Size ₹1245.86 Cr
Risk Profile Very High

Is This Scheme Right for Me?

Axis Triple Advantage Fund suits investors seeking a diversified asset mix and potential capital growth. If you're comfortable with a little bit of debt and gold-related investments to reduce the overall risk profile, this fund can be considered. Prior to investing, assess your risk tolerance and financial goals. Consult financial experts and conduct due diligence as all investments carry risks.

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.

SIP or Lump Sum? We Can Help You Decide!

Simplify the decision-making process between SIP and lump sum investments using our user-friendly systematic investment plan calculator. Armed with accurate insights, effortlessly make informed decisions to maximise your returns. By optimising your investment strategy, you can effectively leverage your funds for optimal gains, setting the stage for financial success.

FAQs

What is today's NAV of Axis Multi Asset Allocation Fund Direct Plan Monthly IDCW Payout?

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 Multi Asset Allocation Fund Direct Plan Monthly IDCW Payout Jul 12 2024 is 26.184

What is the AUM of Axis Multi Asset Allocation Fund Direct Plan Monthly IDCW Payout?

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 Multi Asset Allocation Fund Direct Plan Monthly IDCW Payout is 1245.86 crore.

What is the expense ratio of Axis Multi Asset Allocation Fund Direct Plan Monthly IDCW Payout?

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 Multi Asset Allocation Fund Direct Plan Monthly IDCW Payout is 1.21%

What are the returns of Axis Multi Asset Allocation Fund Direct Plan Monthly IDCW Payout since inception?

The Axis Multi Asset Allocation Fund Direct Plan Monthly IDCW Payout was launched on Jan 01 2013. The fund has delivered a CAGR of 11.25 since inception.

What is the minimum SIP amount to invest in Axis Multi Asset Allocation Fund Direct Plan Monthly IDCW Payout?

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 Multi Asset Allocation Fund Direct Plan Monthly IDCW Payout is 100.

How do I invest in Axis Multi Asset Allocation Fund Direct Plan Monthly IDCW Payout?

  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 Multi Asset Allocation Fund Direct Plan Monthly IDCW Payout?

  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 Multi Asset Allocation Fund Direct Plan Monthly IDCW Payout?

  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 Multi Asset Allocation Fund Direct Plan Monthly IDCW Payout?

  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.