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5 star

Axis Triple Advantage Fund - Direct Plan


1 Lakh

Investment Grown to
₹ 1.43 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.71 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 0.72 -2.20 -1.92 3.78 6.26 18.77 21.65 12.76 12.77 11.49 --
VR Balanced TRI 3.36 -3.27 -3.36 5.55 10.28 23.59 26.73 11.98 15.45 13.00 --
Hybrid: Multi Asset Allocation 2.84 -1.42 -0.98 4.02 7.69 15.41 20.49 8.55 11.28 10.80 --
Rank within category 16 17 17 11 13 5 8 1 4 3 --
Number of funds in category 18 19 19 18 18 18 15 10 10 7 0

As on 26-Feb-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Axis Triple Advantage Fund - Direct Plan
5 star
Jan-13 21.65 12.76 12.77 0.66 758
ICICI Prudential Multi Asset Fund - Direct Plan  | Invest Now
Unrated
Jan-13 31.38 9.69 17.09 1.26 10,507
Nippon India Multi Asset Fund - Direct Plan
Unrated
Aug-20 -- -- -- 0.14 860
UTI Multi Asset Fund - Direct Plan  | Invest Online
2 star
Jan-13 15.69 6.93 10.78 1.24 675
Tata Multi Asset Opportunities Fund - Direct Plan  | Invest Online
Unrated
Mar-20 -- -- -- 0.90 525

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 7.74 01-Apr-2020 - 09-Apr-2020 -14.13 11-Mar-2020 - 18-Mar-2020
Month 15.09 23-Mar-2020 - 22-Apr-2020 -27.19 20-Feb-2020 - 23-Mar-2020
Quarter 24.24 23-Mar-2020 - 22-Jun-2020 -24.41 23-Dec-2019 - 23-Mar-2020
Year 25.09 28-Jan-2014 - 28-Jan-2015 -13.18 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 11.97 16.85 0.43 0.47 0.88 2.73
VR Balanced TRI 9.86 18.29 0.28 0.34 -- --
Hybrid: Multi Asset Allocation 8.03 13.83 0.25 0.32 0.66 -0.05
Rank within category 2 12 3 5 13 2
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-Jan-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 38
Top 10 Holdings (%) 45.75
Top 5 Holdings (%) 28.37
Top 3 Sectors (%) 35.92
Portfolio P/B Ratio 4.14
Portfolio P/E Ratio 35.95
Avg Credit Rating AAA

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
new 7.39% LIC Housing Fin. 30/08/2022 Debenture AAA 0.00 - 3.42 3.42
equal 6.79% GOI 15/05/2027 GOI Securities SOV 0.00 - 2.31 2.09
equal 6.19% GOI 16/09/2034 GOI Securities SOV 0.00 - 5.02 1.95
new Reserve Bank of India 182-D 11/02/2021 Treasury Bills SOV 0.00 - 1.32 1.32
equal 8.85% Power Finance Corp. 25/05/2029 Bonds/NCDs AAA 0.74 - 2.12 0.74
equal 8.95% Punjab National Bank Bonds AA 0.00 - 1.01 0.68
equal 8.28% Oriental Nagpur Betul Highway 30/03/2022 Debenture AAA 0.00 - 1.66 0.67
equal IndInfravit Trust 2038 Non Convertible Debenture AAA 0.00 - 1.73 0.67
equal 3.25% Axis Bank 2021 Fixed Deposits -- 0.00 - 1.11 0.65
equal 5.77% GOI 2030 GOI Securities SOV 0.00 - 0.79 0.65
equal 9.39% Power Finance Corp. 27/08/2024 Bonds AAA 0.52 - 1.47 0.52
equal 9.41% India Infrastructure Finance Co 27/07/2037 Bonds AAA 0.40 - 1.12 0.40
equal 3.50% Axis Bank 29/04/2021 Fixed Deposits -- 0.00 - 0.19 0.16
equal 8.57% REC 21/12/2024 Bonds AAA 0.14 - 0.41 0.14
equal 7.24% LIC Housing Fin. 23/08/2021 Non Convertible Debenture AAA 0.13 - 2.32 0.13
equal 9.60% Hindalco Inds. 2022 Bonds/NCDs AA 0.07 - 0.20 0.07
equal 8.35% GOI 2022 GOI Securities SOV 0.02 - 0.06 0.02
equal Others CBLO -- - 9.24

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 Infosys Technology 28.69 5.32 0.00 5.15
up HDFC Bank Financial 27.56 7.62 3.32 5.01
up Bajaj Finance Financial 78.50 6.70 1.09 4.15
down Tata Consultancy Services Technology 34.79 6.36 0.00 4.03
up Kotak Mahindra Bank Financial 37.95 5.83 2.19 3.87
up Reliance Industries Energy 33.35 6.68 0.00 3.79
up ICICI Bank Financial 28.01 4.21 0.00 3.31
up Avenue Supermarts Services 202.66 5.73 1.15 2.99
up HDFC Financial 26.15 5.26 1.92 2.84
up Bajaj Finserv Financial 41.68 3.03 0.53 2.51
up Maruti Suzuki India Automobile 46.43 3.92 1.11 2.41
up Hindustan Unilever FMCG 68.40 3.12 0.00 1.98
up PI Industries Chemicals 49.47 1.93 1.04 1.57
up Bharti Airtel Communication -- 3.37 0.00 1.50
up Gland Pharma Healthcare 50.80 1.64 0.00 1.40
up Motherson Sumi Systems Automobile 132.83 3.56 0.50 1.31
up HDFC Life Insurance Financial 104.72 1.96 0.00 1.20
up Endurance Technologies Automobile 46.13 2.40 0.72 1.19
up City Union Bank Financial 31.58 1.18 0.00 1.18
up Indian Hotels Services -- 1.21 0.00 1.17
up Nestle India FMCG 74.53 1.78 0.00 1.17
up Divi's Laboratories Healthcare 47.80 3.07 0.00 1.16
up Ultratech Cement Construction 25.73 1.34 0.00 1.01
up Larsen & Toubro Construction 17.63 3.53 0.91 0.94
up Hindalco Inds. Metals 34.38 1.04 0.00 0.93

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 31-Jan-2021

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 01-Jan-2013

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:


-2.20%

Change from previous, NAV as on 26-Feb-2021

Growth: ₹ 27.9254

Dividend: ₹ 21.5856


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
Lock-in Period Not Applicable
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: 01-Jan-2013
Return Since Launch: 10.12%
Benchmark: NIFTY 50 TRI (65), NIFTY Composite Debt TRI (20), Domestic Price of Gold (15)
Riskometer: Very High
Type: Open-ended
Assets: ₹ 758 Cr (As on 31-Jan-2021)
Expense: 0.66% (As on 31-Jan-2021)
Risk Grade: Average
Return Grade: High
Turnover: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend25-Feb-20210.1200

 28-Jan-20210.1200
 28-Dec-20200.1200
 25-Nov-20200.1200
 28-Oct-20200.1200
 25-Sep-20200.1200
 25-Aug-20200.1200
 30-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

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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