Other Funds in the same category are generating better returns
Less expense ratio implies better returns over the long term
Fund has not been able to generate better price return than bank FD
Total holdings with red flags is insignificant
Expense RatioExpense Ratio | No LabelNo Label | No LabelNo Label |
---|---|---|
1.07 | 48.11 | 1.90 |
No LabelNo Label | No LabelNo Label | No LabelNo Label |
---|---|---|
1.18 | 44.91 | 2.29 |
PlanPlan | Lock inLock in | Exit LoadExit Load |
---|---|---|
IDCW | 0 yrs | 1.00% |
SIP Inv.SIP Inv. | Min. LumpsumMin. Lumpsum |
---|---|
Allowed | ₹ 100 |
BenchmarkBenchmark |
---|
— |
Multi asset allocation funds invest in multi assets comprising of debt, equity and gold. The fund have minimum of 10% allocation in each asset class.
Returns
Scheme
Ratios
Mutual Fund | 1Y Returns1Y Returns | 3Y CAGR3Y CAGR | Life CAGRLife CAGR |
---|---|---|---|
Axis Multi Asset Allocation Fund(M-IDCW) | 17.13% | 1.03% | 7.81% |
ICICI Pru Multi-Asset Fund(IDCW-Payout) | 27.11% | 15.36% | 10.43% |
Kotak Multi Asset Allocation Fund(IDCW Payout) | 32.16% | — | 31.04% |
SBI Multi Asset Allocation Fund(M-IDCW Payout) | 26.84% | 15.60% | 9.08% |
Actual
Target
Dec 2023
Mar 2024
Jun 2024
Aug 2024
Dec 2023
Mar 2024
Jun 2024
Aug 2024
Dec 2023
Mar 2024
Jun 2024
Aug 2024
Equity
Debt
Others
Holdings
3.78 %
Holdings
3.52 %
Holdings
3.26 %
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.
No.of Schemes
67
Total AUM
₹ 3,20,215.97 Cr.
Jayesh Sundar
AUM: ₹8,198.32 Cr.
|
Exp: 20yrs
Devang Shah
AUM: ₹84,625.63 Cr.
|
Exp: 9yrs
Hardik Shah
AUM: ₹31,042.34 Cr.
|
Exp: —
Ashish Naik
AUM: ₹94,851.82 Cr.
|
Exp: 6yrs
Manager Performance (0)
Gains are treated as short-term capital gains and taxed at 20%
Gains are treated as long-term capital gains and taxed at 12.5%
Investment frequency
Monthly
One Time
Monthly Investment Amt. (₹)
Investment period (years)
You make
Returns
Other Funds in the same category are generating better returns