Axis Consumption Fund - IDCW - Direct Plan

Sector Funds

Consumption

Very High

9.27

₹ 9.27

Investment Returns (CAGR)

1 yr.
0.00%

3 yr.
NA

5 yr.
NA

Since Inception.
-4.74%

How To Invest In Axis Consumption Fund - IDCW - Direct Plan

Investing directly in a Axis Consumption Fund - IDCW - Direct Plan, either through offline or online channels, is an option once your KYC formalities are in order. For those who prefer traditional methods, visiting the nearest fund branch is an alternative.
Online investment is the most user-friendly way to directly invest in Axis Consumption Fund - IDCW - Direct Plan schemes, providing the added benefit of saving on commissions. You have the flexibility to invest through the fund's website, its RTA's platform, or a fintech service. However, online investing might require managing multiple logins.
Opting for a Direct Plan entails taking on the responsibility of crafting a financial plan, selecting funds aligned with your goals, and regularly monitoring and rebalancing the portfolio. This approach suits investors who possess a solid understanding of Axis Consumption Fund - IDCW - Direct Plan. On the other hand, individuals with limited knowledge about Mutual Funds may find it more practical to invest through a distributor.

Investing in Axis Consumption Fund - IDCW - Direct Plan can be simplified into five straightforward steps for individuals looking to start

Step 1

Begin by assessing your risk profile, understanding your capacity for risk. This step is crucial to determine the level of risk you can take on when investing in Mutual Funds.

Step 2

Once you've completed your risk assessment, the next step is asset allocation. This involves dividing your investment between different asset classes, such as stocks and bonds, to achieve a balanced risk profile.

Step 3

The third step is to identify Mutual Funds that correspond to each asset class. You can evaluate these funds based on their past performance and investment objectives to make informed comparisons.

Step 4

Choose the specific Mutual Funds scheme in which you want to invest. You can initiate the application process either online or through offline channels.

Step 5

Diversify your investments and regularly monitor your portfolio to enhance your chances of achieving better results and higher profits.

Investing in Axis Consumption Fund - IDCW - Direct Plan online can be done in two primary ways

Creating an account on the official website of an Asset Management Company (AMC): Axis Asset Management Company Ltd. has its official website where you can explore a variety of mutual funds in different categories. To invest, follow the instructions on the AMC's website, complete the required information, and submit your application. The KYC process can also be completed online, making use of your Aadhar Number and PAN. Your provided information is verified in the background, and you can start investing once successfully verified.

Using a mobile app: Axis Asset Management Company Ltd. provide mobile applications for investing in mutual funds, making the process quick and hassle-free. These apps allow investors to invest in various mutual fund schemes, check account statements, buy or sell units, and access important portfolio details. Additionally, investors can explore and invest in funds from different fund houses through these apps.

Fund Overview

Fund Size (Rs.)
NA

Exit Load
Nil for 10% of investments and 1% for remaining on or before 12M, Nil after 12M

Scheme Type
5

ISIN
INF846K014X8

Expense Ratio
0.48%

Minimum SIP (Rs.)
-

Launch Date
12 Sep 2024

Fund House
Axis Asset Management Company Ltd.

Investment Returns Calculator

Monthly SIP

Lump Sum

Monthly investment

₹10000

Time period

3yr

Expected Annual Return

10%

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50,000

Minimum portfolio value: ₹50,000

Interest Rate: 10% *

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₹

416

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EMI

₹

4395

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About Axis Consumption Fund - IDCW - Direct Plan

To provide long term capital appreciation from an actively managed portfolio of equity and equity related securities of companies engaged in consumption and consumption related sector or allied sectors.