3 Year return

0
Launched on November 2021 (3 years)

Investment Details

₹100

Minimum SIP Amount

₹100

Minimum one time investment

Fund has no lock-in period

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Based on past performance of this fund

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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

₹5473.59 Cr.

Expense Ratio

0.64% (inclusive of GST)

Exit Load

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

Ratings

ARQ Rating
0

Ratings by other agencies

0
0
0

Tax Implications

Withdrawal within 1 year

Exit load + 15% tax on gains

Withdrawal after 1 year

10% tax on gains over ₹1 Lakh per financial year

Fund Holdings

Holdings

Axis Mutual Fund Managers

AT

Anupam Tiwari

Fund Manager since Oct 2023

View Details

Fund House Details

Axis Mutual Fund

Axis Mutual Fund Asset management company

AUM ₹275,166.00 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 Multicap Fund Direct Growth

Axis Multicap Fund Direct Growth is an open-ended mutual fund scheme offered by Axis Mutual Fund that you can invest in at any time. It is categorised as a multi cap equity fund because its portfolio is predominantly diversified across equity stocks of different market capitalisations, namely large cap, mid cap and small cap stocks. The fund is benchmarked against the Nifty 500 Multicap 50:25:25 Total Return Index (TRI), and, like the benchmark, carries very high risk.

Investment Objective of the Scheme

Axis Multicap Fund Direct Growth aims to achieve long-term capital growth by curating a portfolio of equity and related instruments that are diversified across market capitalisations.

Key Features of The Fund

5-year return NA
Expense Ratio 0.64%
Fund Manager Anupam Tiwari
Fund Size ₹5473.59 Cr
Risk Profile Very High

Is This Scheme Right for Me?

This multicap fund may be suitable for you if you are looking for investment options that could offer the benefit of capital appreciation over a long-term investment horizon. The minimum lumpsum and SIP investment amounts for this mutual fund are relatively higher than many other funds in this category, so you’ll have to factor this in when you are making a decision about choosing the Axis Multicap Fund Direct Growth for your portfolio. Additionally, since it is an open-ended fund, subscription and redemption are supported on all business days, making it an option to consider if you prioritise liquidity in your investments.

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.

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FAQs

What is today's NAV of Axis Multicap Fund?

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 Multicap Fund Jun 21 2024 is 16.97

What is the AUM of Axis Multicap Fund?

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 Multicap Fund is 5473.59 crore.

What is the expense ratio of Axis Multicap Fund?

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 Multicap Fund is 0.64%

What are the returns of Axis Multicap Fund since inception?

The Axis Multicap Fund was launched on Nov 26 2021. The fund has delivered a CAGR of 23.43 since inception.

What is the minimum SIP amount to invest in Axis Multicap Fund?

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 Multicap Fund is 100.

How do I invest in Axis Multicap Fund?

  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 Multicap Fund?

  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 Multicap Fund?

  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 Multicap Fund?

  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.