AXIS INCOME ADVANTAGE FUND OF FUNDS

(Formerly known as Axis All Seasons Debt Fund of Funds)
(An open ended fund of funds scheme investing in debt oriented mutual fund schemes and arbitrage funds)

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FEBRUARY 2025
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To generate optimal returns over medium term by investing primarily in debt oriented mutual fund schemes. There is no assurance that the investment objective of the Scheme will be achieved.

DATE OF ALLOTMENT 28th January 2020
MONTHLY AVERAGE140.03Cr.
AS ON 28th February, 2025142.63Cr.
BENCHMARK 65% NIFTY Composite Debt Index +35% Nifty 50 Arbitrage TRI
FUND MANAGER
Mr. Devang Shah
Work experience: 19 years. He has been managing this fund since 1st February 2023
Mr. Hardik Shah
Work experience: 15 years. He has been managing this fund since 5th April 2024
Ms. Anagha Darade
Work experience: 11 years. She has been managing this fund since 5th April 2024


 

Past performance may or may not be sustained in future. Different plans have different expense structure. Devang Shah is managing the scheme since 1st February 2023 and he manages 22 schemes of Axis Mutual Fund & Hardik Shah is managing the scheme since 5th April 2024 and he manages 18 schemes of Axis Mutual Fund & Anagha Darade is managing the scheme since 5th April 2024 and she manages 1 schemes of Axis Mutual Fund . Please refer to annexure for performance of schemes managed by the fund manager. Returns greater than 1 year period are compounded annualised (CAGR). Face Value per unit : ₹10.


Regular Plan

Pursuant to payment of Distribution (of Income & Capital), the NAV of the above stated IDCW options of the scheme/plan would fall to the extent of payout and statutory levy, if any. Past performance may or may not be sustained in future. Face value of units is ₹10. IDCW means Income Distribution cum Capital Withdrawal.


Entry Load :NA
Exit Load : Nil



Note: Investors will be bearing the recurring expenses of the scheme, in addition to the expenses of the schemes, in which Fund of Funds schemes make investments.
Effective from 14th Feb 2025, Fundamental Attributes of AXIS INCOME ADVANTAGE FUND OF FUNDS will be changed.

Please click here for NAV, TER, Riskometer & Statutory Details.