3 Year return

16.64%
Launched on December 2020 (4 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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Risk Involved

scale

Your principal will be at

Very High Risk

Scheme Information

Asset Under Management

₹1202.39 Cr.

Expense Ratio

1.1% (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

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

AN

Ashish Naik

Fund Manager since Apr 2022

Fund House Details

Axis Mutual Fund Asset management company

AUM ₹275,166.00 Cr.
No. of Schemes 252
Setup Date NA

Peer Comparison

Comparison with other similar funds

Schemes by Axis Mutual Fund

List of mutual fund schemes by AMC

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 1.1%
Fund Manager Ashish Naik
Fund Size ₹1202.39 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
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.

FAQs

What is today's NAV of Axis Special Situations Fund Direct Plan 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 Special Situations Fund Direct Plan IDCW Payout Apr 10 2024 is 16.95

What is the AUM of Axis Special Situations Fund Direct Plan 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 Special Situations Fund Direct Plan IDCW Payout is 1202.39 crore.

What is the expense ratio of Axis Special Situations Fund Direct Plan 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 Special Situations Fund Direct Plan IDCW Payout is 1.1%

What are the returns of Axis Special Situations Fund Direct Plan IDCW Payout since inception?

The Axis Special Situations Fund Direct Plan IDCW Payout was launched on Dec 04 2020. The fund has delivered a CAGR of 17.36 since inception.

What is the minimum SIP amount to invest in Axis Special Situations Fund Direct Plan 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 Special Situations Fund Direct Plan IDCW Payout is 100.

How do I invest in Axis Special Situations Fund Direct Plan 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 Special Situations Fund Direct Plan 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 Special Situations Fund Direct Plan 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 Special Situations Fund Direct Plan 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.