Is Axis Triple Advantage fund good?

Is Axis Triple Advantage fund good?

The scheme invests 65-75% of its money in equity (largely mid- and small-sized companies) and 10-15% in debt and gold. The high exposure to equity and reasonably good exposure to gold (negative co-relation to equity and debt) and debt ensure that in almost all market cycles, the scheme can generate steady returns.

What is Axis Triple Advantage fund?

It is a 3-in-1 investment option or an asset allocation fund which helps you diversify your money across three asset categories – equity, debt and gold. Creates long-term wealth through exposure to equities and protects against market volatility through debt investments.

What is balance Advantage fund?

Balanced advantage funds invest in a mix of stocks, debt, and arbitrage opportunities. These funds will decide the equity investments depending on the key market or in-house parameters. They will invest less in stocks when the market is very high or valuations are stretched.

What is Multi asset fund?

A multi-asset class, also known as a multiple-asset class or multi-asset fund, is a combination of asset classes (such as cash, equity or bonds) used as an investment. A multi-asset class investment contains more than one asset class, thus creating a group or portfolio of assets.

How is Axis Gold fund?

3. The Axis Gold Fund currently holds Assets under Management worth of Rs 254.76 crore as on Oct 31, 2021….Basic Details.

Is it safe to invest in balanced Advantage fund?

Any mutual fund scheme that invests in stocks can’t be safe. It also cannot avoid volatility. So, invest in balanced advantage funds only if you can tolerate the risk of investing in stocks. Also, invest only if you have an investment horizon of at least five years.

What is growth fund?

A growth fund is a diversified portfolio of stocks that has capital appreciation as its primary goal, with little or no dividend payouts. The portfolio mainly consists of companies with above-average growth that reinvest their earnings into expansion, acquisitions, or research and development (R&D).

Is Axis Gold Fund good?

3. The Axis Gold Fund currently holds Assets under Management worth of Rs 254.76 crore as on Oct 31, 2021. 4. The expense ratio of the fund is 0.61% for Regular plan as on Oct 31, 2021….Basic Details.

Which gold fund is best?

Top Performing Gold Funds to Invest in India

• Kotak Gold Fund. The investment objective of the scheme is to generate returns by investing in units of Kotak Gold Exchange Traded Fund.
• Axis Gold Fund.
• SBI Gold Fund.
• Nippon India Gold Savings Fund.

Which is the best advantage fund?

The fund invests in equity with usage of derivatives. ICICI Prudential Balanced Advantage Fund is a Hybrid – Dynamic Allocation fund was launched on 30 Dec 06….2. ICICI Prudential Balanced Advantage Fund.

What is the AUM of axis triple advantage direct plan-growth?

Axis Triple Advantage Direct Plan -Growth has ₹1,656 Crores worth of assets under management (AUM) as on 30/09/2021 and is medium-sized fund of its category. The fund has an expense ratio of 0.43%, which is close to what most other Multi Asset Allocation funds charge.

Is axis Triple Advantage Fund a hybrid fund?

Axis Triple Advantage Fund is Open-ended Multi Asset Allocation Hybrid scheme which belongs to Axis Mutual Fund House. 2. The fund was launched on Aug 23, 2010.

What is Triple Advantage direct plan-Growth Fund?

Axis Triple Advantage Direct Plan -Growth is a Multi Asset Allocation mutual fund scheme from Axis Mutual Fund. This fund has been in existence for 9 yrs, having been launched on 01/01/2013.

What is a multi asset allocation fund?

“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.