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Unrated

Axis Triple Advantage Fund


Hybrid: Multi Asset Allocation

1 Lakh

Investment Grown to
₹ 1.21 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.95 Lakh

Suitability:

Multi Asset Allocation funds invest your money in a mix of equity shares, bonds and commodities (usually gold) such that each has at least 10 per cent allocation at all times.

We don’t think highly of gold or other commodities as an investment. Read this article to know why. Therefore, we believe that investors can avoid these funds altogether. Instead, they might consider other varieties of hybrid funds — aggressive hybrid, balanced hybrid and conservative hybrid — which invest your money in equity shares and bonds in different proportions. You can choose from these depending upon your investment horizon, return expectations and ability to withstand volatility in the value of your investments.

Taxability of earnings:

The tax treatment of this fund may vary depending upon its asset allocation. It will be taxed in the following manner based on its average asset allocation in the last 12 months.

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund -1.13 1.34 0.34 4.63 13.56 -2.51 9.87 6.41 6.91 8.55 --
VR Balanced TRI -6.17 -0.21 -0.87 6.41 10.71 -4.89 1.77 4.89 6.81 10.55 --
Hybrid: Multi Asset Allocation -0.10 0.65 1.14 5.81 14.14 -0.77 7.26 2.41 4.65 7.58 --
Rank within category 6 2 4 5 6 6 4 1 1 1 --
Number of funds in category 9 9 9 9 9 9 8 5 5 3 1

As on 04-Aug-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Axis Triple Advantage Fund  | Invest Online
Unrated
Aug-10 9.87 6.41 6.91 2.36 350
ICICI Prudential Multi Asset Fund  | Invest Now
Unrated
Oct-02 0.44 2.45 6.76 1.76 10,484
UTI Multi Asset Fund - Regular Plan  | Invest Online
Unrated
Nov-08 8.56 3.56 4.77 2.41 637

Best & Worst Performance

Best (Period) Worst (Period)
Week 7.70 (01-Apr-2020 - 09-Apr-2020) -14.15 (11-Mar-2020 - 18-Mar-2020)
Month 14.96 (23-Mar-2020 - 22-Apr-2020) -27.27 (20-Feb-2020 - 23-Mar-2020)
Quarter 23.82 (23-Mar-2020 - 22-Jun-2020) -24.65 (23-Dec-2019 - 23-Mar-2020)
Year 23.36 (28-Jan-2014 - 28-Jan-2015) -14.21 (22-Mar-2019 - 23-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 7.31 15.62 0.13 0.13 0.84 1.16
VR Balanced TRI 6.33 17.40 0.06 0.07 -- --
Hybrid: Multi Asset Allocation 4.83 13.14 -0.02 0.00 0.65 -1.11
Rank within category 3 10 4 4 13 4
Number of funds in category 14 14 14 14 14 14

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-Jul-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 35
Top 10 Holdings (%) 45.76
Top 5 Holdings (%) 28.16
Top 3 Sectors (%) 36.53
Portfolio P/B Ratio 3.91
Portfolio P/E Ratio 26.87

Value Research Equity Fund Style

Value Research Debt Fund Style

Credit Rating vis-à-vis Category

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Top Debt Holdings

Company Instrument Credit Rating 1Y Range % Assets
up 6.19% GOI 16/09/2034 GOI Securities SOV 0.00 - 2.84 2.84
equal 8.85% Power Finance Corp. 25/05/2029 Bonds/NCDs AAA 0.00 - 2.12 1.58
equal IndInfravit Trust 2038 Non Convertible Debenture AAA 0.00 - 1.73 1.45
equal 8.28% Oriental Nagpur Betul Highway 30/03/2022 Debenture AAA 0.00 - 1.66 1.42
equal 8.95% Punjab National Bank Bonds A 1.40 - 1.90 1.40
equal 3.50% Axis Bank 2020 Fixed Deposits -- 0.00 - 1.65 1.40
equal 9.39% Power Finance Corp. 27/08/2024 Bonds AAA 1.12 - 1.47 1.12
equal 9.41% India Infrastructure Finance Co 27/07/2037 Bonds AAA 0.86 - 1.12 0.86
equal 5.25% Axis Bank 2020 Fixed Deposits -- 0.00 - 0.41 0.35
equal 8.57% REC 21/12/2024 Bonds AAA 0.31 - 0.41 0.31
equal 7.24% LIC Housing Fin. 23/08/2021 Non Convertible Debenture AAA 0.00 - 3.60 0.29
equal 9.60% Hindalco Inds. 2022 Bonds/NCDs AA 0.15 - 0.20 0.15
equal 8.35% GOI 2022 GOI Securities SOV 0.04 - 0.06 0.04
equal 8.12% GOI 2020 Central Government Loan SOV 0.02 - 0.03 0.02

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

Sector Allocation vis-à-vis Category

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Top Equity Holdings

Company Sector P/E 3Y High 3Y Low % Assets
up Kotak Mahindra Bank Financial 30.77 5.83 2.19 4.59
equal Avenue Supermarts Services 137.67 5.73 1.03 4.48
down Reliance Industries Energy 34.24 4.31 0.00 4.21
up Bajaj Finance Financial 38.76 6.70 1.05 4.16
up Tata Consultancy Services Technology 27.04 6.36 0.00 4.11
up HDFC Bank Financial 20.09 7.62 3.32 3.65
up Infosys Technology 23.76 3.36 0.00 3.36
equal HDFC Financial 14.06 5.26 1.92 3.31
down ICICI Bank Financial 22.35 4.21 0.00 3.17
equal Bharti Airtel Communication -- 3.37 0.00 2.90
equal Hindustan Unilever FMCG 75.34 3.12 0.00 2.80
up Bajaj Finserv Financial 26.24 2.59 0.00 2.01
equal HDFC Life Insurance Financial 93.81 1.96 0.00 1.74
equal PI Industries Chemicals 60.86 1.93 0.81 1.50
equal Castrol India Energy 17.48 1.80 0.00 1.43
equal Asian Paints Chemicals 72.50 2.24 0.00 1.40
up Endurance Technologies Automobile 23.04 2.40 0.72 1.34
equal Ipca Laboratories Healthcare 41.41 1.55 0.00 1.33
equal Maruti Suzuki India Automobile 47.65 3.92 1.11 1.28
down Larsen & Toubro Construction 15.48 3.53 1.28 1.28
up Sumitomo Chemical India Others 68.09 1.19 0.00 1.17
equal UPL Chemicals 18.01 2.02 0.00 1.03
equal AIA Engineering Metals 26.28 1.24 0.00 0.97
down Sun Pharmaceutical Inds. Healthcare 175.67 2.09 0.00 0.94
equal The Ramco Cements Construction 26.78 1.50 0.00 0.91

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 30-Jun-2020

Fund Manager

— Ashish Naik since 22-Jun-2016

Education: Mr. Naik is a B.E from Mumbai University and MBA from XLRI, Jamshedpur.

Experience: Prior to joining Axis Mutual Fund he was associated with organizations such as Goldman Sachs and has over 7 years of experience as an Equity Analyst.

Funds Managed:

— R Sivakumar since 14-Sep-2010

Education: Mr. Sivakumar is a B.Tech from IIT Madras and MBA from IIM Ahmedabad.

Experience: Prior to joining Axis AMC he has worked with BNP Paribas Mutual Fund, Sundaram Mutual Fund (2001-2004), HDFC Mutual Fund and ITC Threadneedle.

Funds Managed:


1.34%

Change from previous, NAV as on 04-Aug-2020

Growth: ₹ 21.2507

Dividend: ₹ 16.0853


Investment Strategy

The fund seeks to generate regular income through investments in diversified portfolio of equity and equity related instruments, fixed income securities and gold exchange traded funds.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 100
Minimum SIP Investment (₹) 1,000
Minimum No of Cheques 6
Minimum Withdrawal (₹) 1,000
Minimum Balance (₹) 1
Exit Load For units in excess of 10% of the investment,1% will be charged for redemption within 365 days

Basic Details

Fund House: Axis Mutual Fund
Launch Date: 23-Aug-2010
Return Since Launch: 7.87%
Benchmark: NIFTY 50 TRI (65), NIFTY Composite Debt TRI (20), Domestic Price of Gold (15)
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 350 Cr (As on 30-Jun-2020)
Expense: 2.36% (As on 30-Jun-2020)
Risk Grade: --
Return Grade: --
Turnover: 120.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend30-Jul-20200.1200

 22-Jun-20200.1200
 26-May-20200.1200
 13-May-20200.1200
 26-Mar-20200.1062
 25-Feb-20200.1062
 27-Jan-20200.1062
 26-Dec-20190.1062
 25-Nov-20190.1062
 25-Oct-20190.0974
 17-Apr-20140.4676
 17-Sep-20120.7047
 21-Sep-20110.7047

Contact Information

AMC: Axis Asset Management Company Ltd.

Address: "Axis House" - 1st Floor, C-2 - Wadia International Centre, Pandurang Budhkar Marg , Worli, Mumbai - 400025

Phone: 022-24255161

Fax: 022-43255199

Email: [email protected] / [email protected]

Website: http://www.axismf.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

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