Axis Emerging Opportunities Fund - Series 2 (1400 Days) - Direct Plan - Growth

Regular

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.
Direct

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.

Category : Mid Cap Fund

This scheme closed on 28-12-2020 & the data you are seeing is not latest data.

Scheme Objective

To generate long term capital appreciation by investing in a diversified portfolio of equity & equity related instruments of midcap companies.

Scheme Details

Fund manager(s) – Jinesh Gopani , Anupam Tiwari
Launch date – 27-Feb-2017
Expense ratio – 0.7% as declared on 28-Feb-2018 (category average is 1.36%)
Benchmark - BSE MidCap

Min SIP amount - ₹
Min investment amount (one time- first time) - ₹
Min investment amount (addtional purchase) - ₹
Close Ended Fund. New investments not allowed in this fund.

Exit Load

Data not available.

Asset Monitor

Total AUM for this Scheme (Cr)

Category Total AUM (Cr)

% of Assets in Category

2020

1526.82

100365.38

1.52%

Nov - 2020	1526.82	100365.38	1.52%
Oct - 2020	1313.66	90101.70	1.46%
Sep - 2020	1284.24	90145.54	1.42%
Aug - 2020	1262.65	88541.98	1.43%
Jul - 2020	1205.58	83084.02	1.45%
Jun - 2020	1160.89	79752.38	1.46%
May - 2020	1089.31	73125.31	1.49%
Apr - 2020	1098.82	74265.11	1.48%
Mar - 2020	984.19	65597.44	1.50%
Feb - 2020	1361.58	88741.48	1.53%
Jan - 2020	1408.19	90874.76	1.55%

Tax Rate

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 12.5%, if your total long term capital gain exceeds 1.25 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 20%. Any cess/surcharge is not included in the 20%.

Contact Details

Axis Asset Management Co. Ltd.

One Lodha Place, 22 & 23 Floor, Senapati Bapat Marg, Lower Parel, Mumbai, Maharashtra, Pin: 400 013 Mumbai 400025
Tel no.: 022-66496100
Fax no.: 022-43255199
Website.: https://www.axismf.com