RS
R SivakumarFund Manager Since 7 May 2021
AllocationFund of Funds
Axis Income Advantage Fund of Funds Direct Growth
3Y Annualised
7.01%
0.11% 1D
Fund Performance
Fund Multiplier
Fund Info
Peer Comparison
Fund Managers
AMC Details
Performance
1M Returns
0.64%
0.11% 1D
Benchmark
SBI Nifty 10 yr Benchmark G-Sec ETF
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
This Fund
10 years 3 months
NIFTY 50
6 years 10 months
FD
9 years 7 months
Fund info
Fund size
₹142.63 Cr
Min. SIP amount
₹100
Min. Lumpsum amount
₹100
Exit load
0.01%
If redeemed / switched out within 3 months from the date of allotment: For 10% of investment : Nil For remaining investment : 0.5% If redeemed / switched out after 3 months from the date of allotment: Nil
Risk Profile
Moderate Risk
Peer Comparison
This Fund's Performance Compared With Peers
Over the Period of oneMonth
1st
Groww Nifty India Defence ETF FoF Direct Growth
12.35%
2nd
Groww Nifty India Defence ETF FoF Direct Reinvestment Inc Dist cum Cap Wdrl
12.35%
3rd
Groww Nifty India Defence ETF FoF Direct Payout Inc Dist cum Cap Wdrl
12.35%
4th
Groww Nifty India Defence ETF FoF Regular Reinvestment Inc Dist cum Cap Wdrl
12.31%
5th
Groww Nifty India Defence ETF FoF Regular Payout Inc Dist cum Cap Wdrl
12.31%
109th
Axis Income Advantage Fund of Funds Direct Growth
0.64%
Fund Managers
SV
Shashank VermaFund Manager Since 9 Nov 2021
About Axis Income Advantage Fund of Funds Direct Growth
Axis Income Advantage Fund of Funds Direct Growth is a Allocation mutual fund scheme from Axis Asset Management Company Limited. This fund has been in existence for 5 years, having been launched on 2020-01-28. Axis Income Advantage Fund of Funds Direct Growth has ₹142.63 Cr worth of assets under management (AUM) as of Wed Mar 19 2025. The latest Net Asset Value (NAV) of Axis Income Advantage Fund of Funds Direct Growth as of Tue Mar 18 2025 is ₹14.185. The fund has an expense ratio of 0.23%, which is medium comparable to most other Allocation funds.
Axis Income Advantage Fund of Funds Direct Growth returns for the last 1 year are 8.53%. Since launch, it has delivered 7.04% average annual returns.
The Axis Income Advantage Fund of Funds Direct Growth has the majority of its money invested in null sectors.
Top 5 Holdings of Axis Income Advantage Fund of Funds Direct Growth.
- Axis Long Duration Dir Gr: 15.81%
- ICICI Pru Const Mat Gilt Dir Gr: 15.76%
- Bandhan Gov Sec-Constant Mat Dir Gr: 14.58%
- HDFC Long Duration Debt Dir Gr: 14.44%
- SBI Magnum Constant Mat Dir Gr: 13.22%
AMC Information
| Name | Axis Asset Management Company Limited |
|---|---|
| Founding Date | 2020-01-28 |
| customerservice@axismf.com | |
| Phone | +91 22 43255161 |
| Website | www.axismf.com |
| Address | Axis Asset Management Company Ltd.,Axis House, 1st Floor, C-2, Wadia International Centre,,Pandurang Budhkar Marg, Worli, |
Tax Implications of Axis Income Advantage Fund of Funds Direct Growth
| Short Term Gains | Income tax rate applicable to the Unitholders as per their income slabs. |
|---|---|
| Long Term Gains | Income tax rate applicable to the Unitholders as per their income slabs. |
Similar Funds from Axis Asset Management Company Limited
Axis Gilt Fund Growth
Fixed IncomeGovernment Bond
3Y CAGR
6.93%
expense ratio
0.80%
fund size
₹912.09 Cr
Axis Corporate Bond Fund Regular Growth
Fixed IncomeCorporate Bond
3Y CAGR
6.41%
expense ratio
0.91%
fund size
₹6298.58 Cr
Axis Small Cap Fund Regular Growth
EquitySmall-Cap
3Y CAGR
15.62%
expense ratio
1.64%
fund size
₹20954.45 Cr
Axis Equity Savings Fund Regular Plan Growth
AllocationEquity Savings
3Y CAGR
8.11%
expense ratio
2.27%
fund size
₹929.60 Cr
Axis Multi Asset Allocation Fund Direct Plan Growth Option
AllocationMulti Asset Allocation
3Y CAGR
8.47%
expense ratio
1.05%
fund size
₹1270.15 Cr
FAQs
What is the current NAV of Axis Income Advantage Fund of Funds Direct Growth?
What are the average returns of Axis Income Advantage Fund of Funds Direct Growth?
How do I invest in Axis Income Advantage Fund of Funds Direct Growth?
What is the expense ratio of Axis Income Advantage Fund of Funds Direct Growth?
What are net assets under management (AUM) of Axis Income Advantage Fund of Funds Direct Growth?
What is the PE and PB ratio of Axis Income Advantage Fund of Funds Direct Growth?
What are the top 5 holdings of Axis Income Advantage Fund of Funds Direct Growth?
What are the top 3 sectors that Axis Income Advantage Fund of Funds Direct Growth has invested in?
Who is the manager of Axis Income Advantage Fund of Funds Direct Growth?
What is the exit load of Axis Income Advantage Fund of Funds Direct Growth?
How to Redeem Axis Income Advantage Fund of Funds Direct Growth?
Can I invest in SIP and a Lump Sum of Axis Income Advantage Fund of Funds Direct Growth?
