This Multicap Equity Fund Turned 1 Year, Gave 10 .3 % SIP Annualised Returns
Multicap Mutual funds are equity fund.: The Axis Mutual Fund. It is an unrated funds
The top sectors in which the fund has invested are Financial, Technology, Healthcare, Automobile, Consumer Discretionary, Materials, Services, Construction, Chemicals, Insurance, and Consumer Staples.
The top holding of the fund includes ICICI Bank, HDFC Bank, Infosys, Persistent Systems, Trent, Cholmandalam Investment & Finance, The Phoenix Mills, Krishna Institute of Medical Science, Balaji Finance and Galaxy Surfactants.
Details & Returns
AUM - Rs 5,484 crore as on 30 November 2022 - NAV - Rs 10.1500 as on 16 December 2022 - Expense ratio - 0 .33 % as on 31 October 2022 - Minimum Investments - Rs 500 - Min.
Additional Investment - Rs 1,000 - Min.
SIP Investment - Rs 100 - Exit Load - For units in excess of 10% of the investment, the fund charges 1 % for redemption within 365 days 2.
Disclaimer
Mutual fund investments are subject to market risk. Read all scheme- related Terms and Conditions carefully before investing.
The above- mentioned information is purely informational and doesn't guarantee any return.
The Greynium Information Technologies and the Author are not liable for any losses caused as a result of a decision based on the article.
By Shubham Kumar Goodreturns source: goodreturns.in Dailyhunt