To generate income by investing in debt & money market instruments along with long-term capital appreciation through investments in equity & equity related instruments.
Minimum Investment 5000.0
Minimum Top-up 100.0
Investment Returns
Since Launch in Dec 08, 2015
9.2
%
3 M
6 M
1 Y
3 Y
10 Y
Inception
Sharp Ratio
0.34 %
Expense Ratio
2.55%
Volatility
10.09 %
Fund House
Axis Mutual Fund
Fund Manager
Mr. Jayesh Sundar, Mr. Devang Shah, Mr. Hardik Shah, Ms. Krishnaa N
This fund has moderate ups and downs compared to other equity funds but can give good returns in the very long run. Investment in this fund can be made for a horizon of at least 5 years or more for planning of goals related to children only.
Minimum Purchase Application Amount
Rs. 5000.0 (plus in multiples of Rs. 100.0)
Entry Load
Not applicable
Exit Load
3% is payable if Units are redeemed / switched-out upto 1 year from the date of allotment. 2% is payable if Units are redeemed / Switched-out after 1 year and upto 2 years from the date of allotment. 1% is payable if Units are redeemed / Switched-out after 2 years and upto 3 years from the date of allotment. Nil if Units are redeemed / switchhead-out after 3 years from the date of allotment.
Indicative Investment Horizon
5 Years and above
Asset Allocation
Fund's historical return comparison with other asset classes
Fund Performance
Fund's historical return comparison with other asset classes
Rolling returns are the annualized returns of the scheme taken for a specified period
(rolling returns period) on every day/week/month and taken till the last day of the
duration. In this chart we are showing the annualized returns over the rolling returns
period on every day from the start date and comparing it with the benchmark. Rolling
returns is the best measure of a fund's performance. Trailing returns have a recency
bias and point to point returns are specific to the period in consideration. Rolling
returns, on the other hand, measures the fund's absolute and relative performance across
all timescales, without bias.