3 Year return
13.53%Investment Details
Calculate Returns
Based on past performance of this fund
Risk Involved
Your principal will be at
Very High Risk
Asset Under Management
₹1225.58 Cr.
Expense Ratio
1.27% (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
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
Axis Mutual Fund Managers
AN
Ashish Naik
Fund Manager since Apr 2022
Fund House Details
Axis Mutual Fund Asset management company
Peer Comparison
Comparison with other similar funds
Funds
|
3 Y Returns
|
ARQ Rating
|
---|---|---|
Quant Infrastructure Fund |
25.86% |
0 |
DSP Healthcare Fund |
24.57% |
0 |
ICICI Prudential Commodities Fund |
22.16% |
0 |
Schemes by Axis Mutual Fund
List of mutual fund schemes by AMC
Hybrid . Aggressive Hybrid Fund
Axis Aggressive Hybrid Fund Direct Plan Monthly IDCW Payout
Hybrid . Aggressive Hybrid Fund
Axis Aggressive Hybrid Fund Direct Plan Monthly IDCW Reinvestment
Hybrid . Aggressive Hybrid Fund
Axis Aggressive Hybrid Fund Direct Plan Growth
Hybrid . Aggressive Hybrid Fund
Axis Aggressive Hybrid Fund Direct Plan Quarterly IDCW Payout
Hybrid . Aggressive Hybrid Fund
Axis Aggressive Hybrid Fund Direct Plan Quarterly IDCW Reinvestment
About Axis Special Situations Fund Direct Plan IDCW Payout
The Axis Special Situations Fund Direct Plan IDCW Payout fund is a multi-cap fund managed by Axis Mutual Fund. It is a type of fund that invests in a diversified portfolio of equity shares of Indian companies across market capitalisations. The Axis Special Situations Fund Direct Plan IDCW Payout fund is an open-ended fund that allows investors to invest at any time. The expense ratio of the fund is higher than the category average.
Investment Objective of the Scheme
The investment objective of the Axis Special Situations Fund Direct Plan IDCW Payout fund is to generate capital appreciation by investing in a diversified portfolio of special situations companies. Special situations companies are companies that are undergoing significant change, such as through a merger, acquisition, or restructuring. The fund aims to provide investors with the potential for high returns from these types of companies.
Key Features of The Fund
5-year return | NA |
Expense Ratio | 1.27% |
Fund Manager | Ashish Naik |
Fund Size | ₹1225.58 Cr |
Risk Profile | Very High |
Is This Scheme Right for Me?
The Axis Special Situations Fund Direct Plan IDCW Payout fund is suitable for investors who are looking for high returns and who are willing to take on some risk. The fund is also suitable for investors who have a long investment horizon of at least 3 years. However, considering your investment objectives and risk appetite you can make a decision.
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 |
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 Innovation Fund Direct Plan IDCW Payout?
What is the AUM of Axis Innovation Fund Direct Plan IDCW Payout?
What is the expense ratio of Axis Innovation Fund Direct Plan IDCW Payout?
What are the returns of Axis Innovation Fund Direct Plan IDCW Payout since inception?
What is the minimum SIP amount to invest in Axis Innovation Fund Direct Plan IDCW Payout?
How do I invest in Axis Innovation Fund Direct Plan IDCW Payout?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- 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.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in Axis Innovation Fund Direct Plan IDCW Payout?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in Axis Innovation Fund Direct Plan IDCW Payout?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in Axis Innovation Fund Direct Plan IDCW Payout?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.