Axis Mutual Fund manages assets worth 318704 crores and was set up on 2009-09-04. Its current offering of mutual fund schemes includes 305 debt, 84 equity, 110 hybrid, 145 other, 20 solution oriented funds. The company is led by its CEO Gop Kumar Bhaskaran.
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Fund Name | Scripbox Opinion | Till Date CAGR | |
---|---|---|---|
18.022% | 23.329% | ||
10.594% | 18.011% | ||
11.169% | 15.545% | ||
19.912% | 20.819% | ||
13.6% | 16.614% | ||
7.754% | 15.182% | ||
23.905% | 25.78% | ||
15.26% | 17.232% | ||
24.445% | 23.436% | ||
16.971% | 17.518% | ||
- | 17.81% | ||
- | -1.9% | ||
- | 3.108% | ||
- | 1.041% | ||
11.756% | 19.44% | ||
- | 23.988% | ||
- | 41.5% | ||
- | 12.806% | ||
- | 34.969% | ||
- | 9.454% |
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Equity funds provided by Axis mutual funds are suitable for investors who understand the risk and volatility associated with equity markets. This fund is suitable for investors willing to focus on long-term capital appreciation. Also, staying invested in equities can help them avoid market volatility in the short term. Therefore, Axis Equity Mutual Fund is suitable for a minimum investment duration of 5-7 years. However, before investing, investors must identify the investment objective of any Axis Equity Mutual Fund. Moreover, Axis Equity schemes are ideal for investment objectives of child education, retirement planning, buying a dream house, etc.
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An income arising from the sale of Axis Equity Fund schemes generates a capital gain. Capital gain on Axis Equity MF is taxable depending on the holding period. The following table shows the taxation of Axis Equity Mutual Funds –
Short Term Capital Gains (STCG) | Long Term Capital Gains (LTCG) | |
Holding Period | If holding period is less than 12 months | If holding period is more than 12 months |
Taxation | Capital gains are taxable at 15% flat in investor’s hands irrespective of the income tax slab rate. | Capital gains up to Rs. 1 lakh is exempted. Above Rs. 1 lakh is taxable at the rate of 10% |
Recommended: To visit and learn more about Tax on Mutual Funds and calculate with Axis SIP Calculator