3 Year return

0
Launched on September 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

₹562.25 Cr.

Expense Ratio

1.04% (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

JG

Jinesh Gopani

Fund Manager since Jan 2020

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 Value Fund Direct Plan-Growth

The Axis Value Fund Direct Plan Growth is an open-ended equity mutual fund scheme provided by Axis Mutual Fund. The fund is within the value-oriented category of mutual funds, aiming to offer investors capital appreciation in the long run. The fund seeks to achieve this through its investment in hand-picked undervalued stocks with the view that such stocks will increase in their market price or value in the longer term.

Investment Objective of the Scheme

The investment objective of the Axis Value Fund Direct Plan-Growth is to invest in equity that is trading lower than its inherent value or is undervalued. The idea behind this value-based investment tactic is that undervalued stocks may have the potential to generate high returns in the long term when the market recognises their true worth. The portfolio of the fund is created by choosing stocks with strong financials, appealing valuations, and possibly good growth prospects. The aim of this fund is to choose equities based on intrinsic fundamentals rather than macroeconomic considerations.

Key Features of The Fund

5-year return NA
Expense Ratio 1.04%
Fund Manager Jinesh Gopani
Fund Size ₹562.25 Cr
Risk Profile Very High

Is This Scheme Right for Me?

If you are an investor who is prepared to take a chance on sound, undervalued companies that may potentially grow and see success in the long run, the Axis Value Fund Direct Plan-Growth scheme may suit your investment requirements. Investors exhibiting high tolerance for risk plus patience may think this investment is appropriate. Nonetheless, it is important to base your investment choice on your personal financial goals and requirements.

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.

Explore Tax-Saving Investment Advantages With SIPs

You can deduct ₹1.5 lakh from your taxable income by investing in an Equity Linked Savings Scheme (ELSS) through SIP, as allowed by Section 80(C) of the Income Tax Act, 1961. With a SIP in ELSS, individuals whose income is in the highest tax bracket (30%) can save about ₹45,000 annually. Plan tax-efficient investments and estimate possible returns utilising systematic investment plan calculator.

FAQs

What is today's NAV of Axis Value 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 Value Fund Jun 21 2024 is 17.78

What is the AUM of Axis Value 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 Value Fund is 562.25 crore.

What is the expense ratio of Axis Value 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 Value Fund is 1.04%

What are the returns of Axis Value Fund since inception?

The Axis Value Fund was launched on Sep 02 2021. The fund has delivered a CAGR of 23.3 since inception.

What is the minimum SIP amount to invest in Axis Value 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 Value Fund is 100.

How do I invest in Axis Value 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 Value 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 Value 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 Value 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.