Fund has been able to generate better returns compared to other funds in the same category
Fund has not been able to generate better price return than bank FD
Total holdings with red flags is insignificant
Fixed maturity plan funds are the debt funds. Investments in this funds can only be made during the new fund offering (NFO) as these funds are the close ended funds. They invest in debt instruments with the fixed maturity period.
Gains are added to taxable income and taxed according to the individual's income tax slab
Gains are taxed at 20% with indexation benefit
Monthly Investment Amt. (₹)
Investment period (years)
Axis Asset Management Company Ltd. is the mutual fund investment wing of Axis Bank, the 3rd largest private bank in India. 74.99% share of the AMC is held by Axis Bank while the rest 24% is held by Schroder Singapore Holdings Private Limited.
₹ 2,53,568.08 Cr.