Consider Starting A Sip in Axis Triple Advantage Fund

There are a variety of mutual funds available for investment. Investors who are looking for a scheme that may provide them with the benefit of multiple asset classes may consider investing in hybrid funds. Many may be aware of the features and benefits of equity and debt funds, but very few may have the requisite knowledge needed to make informed investment decisions.

What is a hybrid fund?

Hybrid funds are mutual funds that aim to deliver a balance between returns and risks along with capital appreciation and stability keeping inflation in mind. They are of two types: equity oriented hybrid funds and debt oriented hybrid funds. While money invested in equities gives your investment a chance to generate capital appreciation over the long term, debt instruments offer the much-needed cushion against market volatility. Investing across asset classes also enhances diversification of your portfolio.

What is a multi asset allocation fund?

As per SEBI (Securities and Exchange Board of India) norms, a multi asset allocation fund must invest a minimum of 10% of its total investible corpus in any three asset classes. The investment portfolio of a multi asset allocation fund is a combination of three asset classes (typically equity, debt, and gold).

Axis Triple Advantage Fund – A hybrid scheme by Axis Mutual Fund

Axis Triple Advantage Fund is an open-ended scheme investing in equity, debt and gold. The investment objective of Axis Triple Advantage Fund is to generate long term capital appreciation by investing in a diversified portfolio of equity and equity related instruments, fixed income instruments and gold exchange traded funds. This hybrid fund follows regular rebalancing approach within each asset class which allows investors to “buy-low sell-high”.

Benefits of investing in Axis Triple Advantage Fund

• Axis Triple Advantage Fund is an multi asset allocation fund which may help investors diversify their finances across three asset categories - equity, debt and gold
• This multi asset hybrid scheme facilitates investing in gold, one of the most popular options amongst Indian investors and a good hedge against macro events
• Axis Triple Advantage Fund aims to create longterm wealth through exposure to equities and protects against market volatility through debt investments, thus providing stability
• This multi asset hybrid scheme may rebalance your portfolio periodically by selling the asset which has outperformed and buying the asset which has underperformed. This boosts the chances of increasing the average returns on investment.
• Axis Triple Advantage Fund provides diversification across equity, fixed income and gold, thereby reducing risk from any single asset
• It also offers lower transaction cost through portfolio rebalancing process

Scheme benchmark

The Scheme performance would be benchmarked against a customized composite benchmark comprising of Nifty 50, Nifty Composite Debt Index and INR Price of Gold.

Eligibility criteria

All categories of investors (whether existing or new Unitholders) as permitted under the Scheme Information Document of the Scheme are eligible to subscribe under Direct Plan. Investments under Direct Plan can be made through various modes offered by the Fund for investing directly with the Fund {except Platform(s) where investors’ applications for subscription of units are routed through Distributors}.

Entry / Exit Load

There is no entry load. Exit load for 10% of Axis Triple Advantage Fund investments is NIL if redeemed / switched-out within 12 months from the date of allotment. And for the remaining investments an exit load of 1% is applicable. If units are redeemed / switched – out after 12 months from the date of allotment, the exit load is NIL.

Should one invest in Axis Triple Advantage Fund via SIP?

A Systematic Investment Plan (SIP) is an investment approach where a retail investor can invest small fixed sums at regular intervals in a mutual fund scheme. Investing in mutual funds via SIP is easy and convenient. If the investor doesn’t want to make a lumpsum investment as doing so may expose their finances to market volatility right from the beginning of the investment cycle, they may consider the option for a Systematic Investment Plan instead.
First time investors may even refer to SIP calculator, where they can get an estimate on the capital appreciation which their scheme might generate through SIP investing over a certain duration. However, the estimated sum may exclude expense ratio which is levied by the AMC on mutual fund investors.
To start a SIP, all an investor has to do is determine the sum which they want to invest, decide the number of years they want to invest and also determine the date at which the SIP investment must take place periodically.If they allow auto debit, every month on the predetermined date, the SIP sum will be debited from their savings account and electronically credited to their mutual fund account. Investors will receive a quantum as per the scheme’s current NAV.

To understand more about the scheme in detail, investors may consult the Asset Management Company.

Axis Triple Advantage Fund

An open ended scheme investing in equity, debt and gold

Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.