April 10, 2025
mayank
Axis Income Advantage FoF details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 14.4047
Yearly NAV IDCW: Rs 13.2826
Quarterly NAV IDCW: Rs 11.7807
Monthly NAV IDCW: Rs 14.4166
NAV IDCW: Rs 14.4172
Fund’s Investment Strategy:
The scheme seeks to generate optimal returns over medium term by investing primarily in debt oriented mutual fund schemes and arbitrage funds.
Fund Manager:
1) Anagha Darade
Education: Ms. Darade has done B.Com and CA
Experience: Prior to joining Axis Mutual Fund, she has worked with Haribhakti & Co. and R.S. Sanghai & Associates
2) Devang Shah
Education: Mr. Shah is B.Com and ACA.
Experience: Prior to joining Axis AMC he has worked with ICICI Prudential AMC, Deutsche Asset Management (India) Pvt. Ltd. and Pricewaterhouse Coopers.
3) Hardik Shah
Education: Mr. Shah has done B.E. Information Technology and MBA Finance.
Experience: Prior to joining Axis Mutual Fund, he has worked with Nippon India Mutual Fund, Quantum Asset Management Company and ICAP India (P) Ltd.
4) Karthik Kumar
Education: Mr. Kumar has done M.B.A, C.F.A, (USA) & B.E (Mechanical)
Experience: Prior to joining Axis Mutual Fund he has worked with SilverTree Hong Kong and Asiya Investment, Hong Kong
Investment Details
| Min. Investment (Rs) | 100 |
| Min. Addl Investment (Rs) | 100 |
| Min. SIP Investment (Rs) | 100 |
| Min. Withdrawal (Rs) | — |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details of Axis Income Advantage FoF
| Fund House | Axis Mutual Fund |
| Launch Date | 28-Jan-20 |
| Return Since Launch | 7.27% |
| Benchmark | NIFTY Composite Debt Index (65), NIFTY 50 Arbitrage TRI (35) |
| Riskometer | Moderate |
| Type | Open-ended |
| Assets | Rs 143 Cr |
| (As on 28-Feb-2025) | |
| Expense | 0.23% |
| (As on 31-Mar-2025) | |
| Risk Grade | — |
| Return Grade | — |
Trailing Returns (%) of Axis Income Advantage FoF
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Axis Income Advantage FoF Dir | 3.08 | 0.08 | 2.10 | 3.00 | 3.91 | 10.16 | 7.53 | 7.41 | — | — |
| CCIL T Bill Liquidity Weight | 1.47 | 0.03 | 0.55 | 1.33 | 2.40 | 4.94 | 4.21 | 3.45 | — | — |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 11 | 5.00 |
| Macaulay Duration (yrs) | — | — |
| Average Maturity (yrs) | — | — |
| Yield to Maturity (%) | — | — |
| Avg Credit Rating | AAA | — |
Chanakya’s Mutual Fund Guidance For Axis Income Advantage FoF
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