Axis Growth Opp Fund(G)-Direct Plan

View the regular plan of this scheme

Rs 24.92   -0.03(-0.12 %) NAV as on 22 Sep 2023
Prime Rating: 4.5 
Prime Recommendation: Upgrade to see

Fund type:
Equity
AUM (in crores):
₹ 9,686.04
Fund category:
Large & Mid Cap
Fund manager(s):
Hitesh Das, Shreyash Devalkar, Vinayak Jayanath
Benchmark:
NIFTY LargeMidcap 250 - TRI
Minimum investment:
₹ 100
Launch date:
22 Oct 2018
Min. additional investment:
₹ 100
Expense ratio:
0.57 %
Exit load:
Nil for 10% of investments and 1% for remaining investments on or before 12M, Nil after 12M

Scheme Objective: To generate long term capital appreciation by investing in a diversified portfolio of Equity & Equity Related Instruments both in India as well as overseas. However, there can be no assurance that the investment objective of the Scheme will be achieved.


Performance (As on 22 Sep 2023)

6 month returns 1 year returns3 year returns5 year returns Returns since inception
Scheme24.60 % 14.05 % 25.99 %N/A 20.39 %
NIFTY LargeMidcap 25023.54 % 16.39 % 26.82 %14.84 % N/A

Portfolio

Top 10 stock holdings
Allocation (%)
Bajaj Finance Limited
8.6%
Cholamandalam Investment and Finance Company Ltd
4.49%
Tata Elxsi Limited
4.37%
Torrent Power Limited
4.16%
Avenue Supermarts Limited
4.03%
PI Industries Limited
3.97%
Astral Limited
3.46%
CG Power and Industrial Solutions Limited
3.29%
Coforge Limited
3.11%
Sundaram Finance Limited
3.04%

About this category

Large-and-midcap funds invest a minimum of 35% each in large-cap stocks and mid-cap stocks. Depending on their mid-cap allocation, these funds can be more volatile than large-cap funds and even some multi-cap funds. These funds can be used to get exposure to mid-cap stocks without taking on the very high risk of mid-cap funds. The Nifty Midcap 250, the Nifty 500 or BSE 500 can be used as benchmarks to measure performance.

Suitability

Large-and-midcap funds suit investors with moderate to high risk appetites. The minimum period for which these funds need to be held is 5 years.

Taxation

Short-term: Holding period is less than 12 months.

Taxation: Capital gains are taxed at 15%


Long-term: Holding period is 12 months or more.

Taxation: Capital gains up to Rs 100,000 each financial year is tax-exempt. Remaining capital gains is taxed at 10%. For investments made on or before January 31st, 2018: Capital gain up to this date is tax-free.

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