Axis Triple Advantage Fund(G)

Axis Triple Advantage Fund-Reg(G)
NAV Day Change
0.06 | 0.23%
NAV (As on 05-01-2021)
25.71
Dividend Yearly
NA
Category
52-week NAV high
25.65  (As on 04-01-2021)
52-week NAV low
16.17  (As on 23-03-2020)
Expense
2.33%  (As on 30-11-2020)

Performance

1 mnth 3 mnth 6 mnth 1 yr 2 yr 3 yr 4 yr 5 yr 10 yr
Fund Returns 4.99 18.25 26.60 19.03 17.90 11.63 12.63 11.74 -
Scheme Details
Fund Type
Open Ended
Investment Plan
Growth
Bonus
NA
Launch Date
Aug 23, 2010
Last Dividend
NA
Minimum Investment
5000

The Axis Triple Advantage Fund - Growth Option is an open-ended scheme offered by Axis Mutual Fund and managed by Axis Asset Management Company Limited. Sponsored by Axis Bank Limited, the trustee of the Axis Mutual Fund is Axis Mutual Fund Trustee Limited.

Investment Objective of the Axis Triple Advantage Fund - Growth Option

The investment objective of the Axis Triple Advantage Fund - Growth Option is to offer optimal returns to investors along with liquidity via investment predominantly in a combination of short-term debt securities and money market instruments. As such, the scheme has a portfolio that has marginally higher maturity in comparison with a liquid scheme and maintains a balance between liquidity and safety at the same time.

Key Features of the Axis Triple Advantage Fund - Growth Option

Some of the significant features of the Axis Triple Advantage Fund - Growth Option are as indicated in the table below:

Type of fund Open-ended scheme
Plans available
  • Axis Triple Advantage Fund
  • Axis Triple Advantage Fund - Direct Plan
Options under each plan Both the Regular Plan and the Direct Plan come with the following options:
  • Growth option
  • Dividend option
The Dividend option comes with the following sub-options:
  • Payout
  • Reinvestment
Risk Moderately High
Systematic Investment Plan Available
Systematic Transfer Plan Available
Systematic Withdrawal Plan Available

Investment Amount for the Axis Triple Advantage Fund - Growth Option

Here is the information regarding the investment amounts and loads:

Minimum application amount Rs.5,000 and in multiples of Re.1 thereafter
Minimum additional investment Rs.100 and in multiples of Re.1 thereafter
Minimum instalment for Systematic Investment Plan (SIP)
  • For Monthly SIP: Rs.1,000 and in multiples of Re.1 (minimum of 12 instalments)
  • For Yearly SIP: Rs.12,000 and in multiples of Re.1 (minimum of three instalments)
Entry Load Not Applicable
Exit Load
  • If up to 10% of the units are redeemed or switched-out within a year from the date on which they were allotted, there will be no exit load
  • If more than 10% of the total units are redeemed or switched-out within a year from the date on which they were allotted, the exit load charged shall be 1% of the applicable NAV
  • If units are redeemed or switched-out after a year from the date on which they were allotted, there shall be no exit load

Asset Allocation for the Axis Triple Advantage Fund - Growth Option

Instruments Allocations (Percentage of total assets) Risk Profile
Equity and equity-related securities 65% to 80% High
Money market and debt securities 10% to 30% Low to Medium
Gold Exchange Traded Fund 10% to 30% Medium
Units issued by Real Estate Investment Trusts and Infrastructure Investment Trusts 0% to 10% Medium to High

NAV Disclosure and Benchmark for the Axis Triple Advantage Fund - Growth Option

Axis Asset Management Company Limited will calculate the NAV of the Axis Triple Advantage Fund - Growth Option on every business day and publish the same in a minimum of two daily newspapers that are circulated across the country. The NAV will also be updated on the website of the Asset Management Company and the website of the Association of Mutual Funds in India by 9:00 p.m. on each business day.

The benchmark adopted by the Axis Triple Advantage Fund - Growth Option is a customised composite benchmark that consists of CRISIL Composite Bond Fund Index, Nifty 50 Index, and the domestic price of gold.

Axis Triple Advantage Fund - Growth Option Fund Manager

The Axis Triple Advantage Fund - Growth Option is managed by Mr. R. Sivakumar who is currently the Head of Fixed Income and Products at Axis Asset Management Company Ltd. Mr. Sivakumar has been in charge of the Axis Triple Advantage Fund - Growth Option for over seven years now, and manages a number of other schemes for Axis Mutual Fund, including Axis Dynamic Bond Fund, Axis Capital Protection Oriented Fund, Axis Children’s Gift Fund, Axis Triple Advantage Fund, Axis Dynamic Equity Fund, etc.

Why you should Invest in the Axis Triple Advantage Fund - Growth Option

The Axis Triple Advantage Fund - Growth Option is a suitable investment option for those who want income as well as capital growth over the long term by investing in a diversified portfolio that consists of equity and equity-related securities, gold exchange traded funds, and fixed income securities.

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