To generate capital appreciation by investing in a portfolio of equity or equity linked securities while secondary objective is to generate income through investments in debt and money market instruments. It also aims to manage risk through active asset allocation.
Axis Dynamic Equity Fund - Growth charges 1.0% of sell value; if fund sold before 365 days. There are no other charges.
If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.|If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.
Posted by : Aryanthakkar25
Posted by : pmppmp
Bulls climb stair case and give appreciation and wealth erodes in seconds, when bears jumps out of windows. Do not expose more than 15% of your wealth in Equity based funds invest balance invest in low duration debt funds like IDFC low dura...  View more
Posted by : ak1967
Posted by : suvusys
Posted by : riceahmed
I have invested past 16ms in ICICI Prudential Pharma Healthcare and Diagnostics (P.H.D) Fund - Direct Plan - Growth How is the future and should i wait until 13th Jan 2020 for maturity date completion of 18ms. View more
Posted by : Sunmor