AXIS Income Advantage Fund of Funds - Reg (IDCW-M)
FoFs DomesticNAV
13.91(0.08%)Fund Size (CR)
₹142.63Expense Ratio
0.48Scheme Type
Active FundValue Research
Min. investment
₹100Minimum Additional Investment
₹100Minimum SIP Investment
₹100Minimum Withdrawal
₹0Exit Load
0%Return Since Launch
6.64%
- 3M
- 6M
- 1Y
- 3Y
- All
Basic Details
Scheme Manager
Devang Shah
Bench Mark
65% NIFTY Composite Debt Index +35% Nifty 50 Arbitrage TRI
Type
OPEN
Lumpsum Returns
| Period Invested For | ₹10,000 Invested on | Latest Value | Absolute Returns | Annualised Returns | Category Avg | Rank within Category |
|---|---|---|---|---|---|---|
| 1 Week | 3 March 2025 | 10044.38 | 0.44% | - | 0.60% | 208/340 |
| 1 Month | 10 February 2025 | 10026.19 | 0.26% | - | -1.43% | 92/332 |
| 3 Month | 10 December 2024 | 10091.72 | 0.92% | - | -2.35% | 159/328 |
| 6 Month | 10 September 2024 | 10284.65 | 2.85% | - | 1.27% | 158/315 |
| 1 Year | 7 March 2024 | 10766.50 | 7.67% | 7.67% | 12.48% | 174/299 |
| 3 Year | 10 March 2022 | 12110.86 | 21.11% | 6.59% | 12.15% | 214/241 |
| 5 Year | 9 March 2020 | 13632.35 | 36.32% | 6.39% | 12.82% | 144/154 |
| Since Inception | 28 January 2020 | 13896.00 | 38.96% | 6.64% | 9.59% | 279/340 |
Note: Lumpsum Returns since Inception Date.
SIP Returns
| Period Invested For | ₹10,000 Invested on | Investments | Latest Value | Absolute Returns | Annualised Returns |
|---|---|---|---|---|---|
| 1 Year | 2 April 2024 | 1,20,000 | 124013.59 | 3.34% | 3.34% |
| 3 Year | 4 April 2022 | 3,60,000 | 401307.91 | 11.47% | 3.69% |
| 5 Year | 3 April 2020 | 6,00,000 | 706293.09 | 17.72% | 3.32% |
| 10 Year | - | - | - | - | - |
Note: SIP Returns since Inception Date.
Tax Treatment
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%.
Mutual Funds Calculator
- Investment type
- Scheme based
- SIP
- Lumpsum
Invested Amount
₹25,000
Estimated Returns
₹19,059
76%
Returns
Future value of your investment
₹44,059
Risk Ratios
0.52%
Standard Deviation
0.07%
Beta
-0.09%
Sharpe Ratio
0.25%
Treynor's Ratio
-0.40%
Jension's Alpha
Asset Allocation
Sector Allocation
Top 10 stock holding in portfolio
| Stock Invested in | % of Total Holdings | Quantity | Value (Cr) | Asset Type | Segment |
|---|---|---|---|---|---|
| There's no data available of Stock Holdings | |||||
Peer Comparison
| Scheme Name | Value Research | Asset Size (Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| Mirae Asset Hang Seng TECH ETF Fund of Fund - Dir (G) | 102.93 | 13.93% | 37.26% | 98.35% | 106.60% | 22.46% | |
| Mirae Asset NYSE FANG+ ETF Fund of Fund - Dir (G) | 1869.44 | -18.50% | -12.11% | 23.24% | 34.16% | 35.86% | |
| Edelweiss Gold and Silver ETF Fund of Fund-Dir (G) | 256.40 | 0.79% | 8.16% | 18.61% | 31.71% | - | |
| Edelweiss Gold and Silver ETF Fund of Fund-Dir (IDCW) | 256.40 | 0.79% | 8.16% | 18.61% | 31.71% | - | |
| AXIS Silver Fund of Fund - Direct (G) | 71.86 | 2.44% | 4.23% | 15.44% | 30.97% | - |
List of Schemes under Axis Mutual Fund
News
Axis MF announces IDCW Income Distribution cum Capital Withdrawal (IDCW) under its schemes
Axis Mutual Fund has announced 20 March 2024 as the record date for declaration of Income Distribution cum Capital Withdrawal (IDCW) under the IDCW option of following schemes. The amount of IDCW (Rs per unit) on the face value of Rs 10 per unit will be:Axis Balanced Advantage Fund ' Regular Plan ' IDCW Option: 0.99
Axis Balanced Advantage Fund ' Direct Plan ' IDCW Option: 1.06
Axis ESG Integration Strategy Fund ' Regular Plan ' IDCW Option: 1.31
Axis ESG Integration Strategy Fund ' Direct Plan ' IDCW Option: 1.40
Axis Flexi Cap Fund ' Regular Plan ' IDCW Option: 0.91
Axis Flexi Cap Fund ' Direct Plan ' IDCW Option: 0.99
Axis Equity Savings Fund ' Regular Plan ' IDCW Option: 1.08
Axis Equity Savings Fund ' Direct Plan ' IDCW Option: 1.14
Axis Innovation Fund ' Regular Plan ' IDCW Option: 1.46
Axis Innovation Fund ' Direct Plan ' IDCW Option: 1.54
Powered by Capital Market - Live News
Axis MF announces Income Distribution cum capital withdrawal (IDCW) under Four schemes
Axis Mutual Fund has announced 25 February 2025 as the record date for the declaration of Income Distribution cum capital withdrawal (IDCW) on the face value of Rs 10 per unit under the following schemes. The amount of IDCW (Rs per unit) will be:Axis Arbitrage Fund - Regular Plan - Monthly IDCW Option: 0.05
Axis Arbitrage Fund - Direct Plan - Monthly IDCW Option: 0.05
Axis Equity Savings Fund - Regular Plan - Monthly IDCW Option: 0.09
Axis Equity Savings Fund - Direct Plan - Monthly IDCW Option: 0.09
Axis Aggressive Hybrid Fund - Regular Plan - Monthly IDCW Option: 0.10
Axis Aggressive Hybrid Fund - Direct Plan - Monthly IDCW Option: 0.10
Axis Multi Asset Allocation Fund - Regular Plan - Monthly IDCW Option: 0.15
Axis Multi Asset Allocation Fund - Direct Plan - Monthly IDCW Option: 0.15
Powered by Capital Market - Live News
Axis Mutual Fund announces change in Exit Load Structure
Axis Mutual Fund has announced change in exit load structure under following scheme stands revised with effect from 20 February 2025Change in Exit Load:
Name of the Scheme Existing Exit Load Structure Revised Exit Load Structure Axis Income Advantage Fund of Funds : ' If redeemed / switched-out within 3 months from the date of allotment: - For 10% of investment: Nil. For remaining investment: 0.5%.
' If redeemed/switched out after 3 months from the date of allotment: NilNil Powered by Capital Market - Live News
Fund House Details & Investment Objective
Date of Incorporation
10 January 2020
Total AUM (Cr)
₹142.63
AXIS Income Advantage Fund of Funds - Reg (IDCW-M) is an FoFs Domestic-oriented fund from the renowned AMC, Axis Mutual Fund. Launched in 10 January 2020, this fund is managed by Devang Shah. With assets under management (AUM) worth ₹142.63 (Cr), as of 11 March 2025, AXIS Income Advantage Fund of Funds - Reg (IDCW-M) is categorized as a FoFs Domestic within its segment. The fund has generated a return of 6.64% since its launch.
The current NAV of AXIS Income Advantage Fund of Funds - Reg (IDCW-M) is ₹13.91, as on 11 March 2025. The fund's benchmark index is 65% NIFTY Composite Debt Index +35% Nifty 50 Arbitrage TRI. You can invest in AXIS Income Advantage Fund of Funds - Reg (IDCW-M) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹100 while the minimum lumpsum investment is ₹100.
Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
Nil The fund has generated 6.59% and 6.39% CAGR in the last 3 and 5 years respectively.
The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 3.64% in Debt and 96.37% in cash and cash equivalents.
FAQs
How to Invest in AXIS Income Advantage Fund of Funds - Reg (IDCW-M) Direct Growth?
AXIS Income Advantage Fund of Funds - Reg (IDCW-M) is a popular fund in the FoFs Domestic segment. The fund has generated a return of 6.64% since inception. Looking to invest in AXIS Income Advantage Fund of Funds - Reg (IDCW-M) How about earning 1% extra return? All this is possible with m.Stock! Investing in AXIS Income Advantage Fund of Funds - Reg (IDCW-M) is super easy and convenient with m.Stock. Here’s how you can begin:
- Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage on Mutual Funds, Delivery & IPO.
- In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
- In the search bar, enter the fund name, in this case, AXIS Income Advantage Fund of Funds - Reg (IDCW-M)
- On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
- If you choose to invest a Lumpsum: Use the Lumpsum Calculator to estimate returns, then enter the investment amount, select the payment mode mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
- If you choose the SIP route: Utilize the SIP Calculator to forecast potential growth, then enter the SIP amount, SIP date, and set up ‘Autopay’ facility.
So, why wait? Invest in AXIS Income Advantage Fund of Funds - Reg (IDCW-M) today and reap the benefits of this FoFs Domestic fund!
How much returns has AXIS Income Advantage Fund of Funds - Reg (IDCW-M) Direct Growth generated?
What is the expense ratio of AXIS Income Advantage Fund of Funds - Reg (IDCW-M) Direct Growth?
What is the AUM of AXIS Income Advantage Fund of Funds - Reg (IDCW-M) Fund Direct Growth?
How to redeem or withdraw money from AXIS Income Advantage Fund of Funds - Reg (IDCW-M) Direct Growth?
Redeeming or selling units of AXIS Income Advantage Fund of Funds - Reg (IDCW-M) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.
To redeem from AXIS Income Advantage Fund of Funds - Reg (IDCW-M):
- Login to your m.Stock account
- In portfolio, your mutual fund investments will be visible under ‘MF’
- Select the fund you wish to redeem from (in this case AXIS Income Advantage Fund of Funds - Reg (IDCW-M)).
- Click on ‘Redeem’ button
- You have 2 options – redeem by units and redeem by value (you can only redeem free units)
- Select units to be redeemed and click on submit.
- Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).