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2012

Bharti AXA Equity Fund- Regular Plan Tags: bharti axa fund Date: Meta Description: Bharti AXA Equity Fund- Regular Plan has been a laggard Category: Mutual Funds

Analysis: Our recommendation for fresh investment: No Our recommendation for existing investment: Exit

Bharti AXA Equity fund is being managed by Gaurav Kapur since March 2011. The fund’s performance has been unconvincing and has been a laggard. If you have invested in this fund, exit now to invest in a better performing fund. If you are a new investor you can safely skip this one.

Where does this fund invest your money? Bharti AXA Equity fund is a diversified large & mid cap fund which means your money is predominantly invested in large and medium size companies across sectors. The fund invests about 94% in large companies and 5% in medium size companies. Large cap companies tend to be stable compared to mid cap and small cap companies. Yet exposure to mid cap companies is not totally avoided due to prospects of kicker returns.

Past performance If you had invested Rs 1 lakh when the fund was launched in Oct 2008 the value of your investments would be around Rs 1.59 lakhs. The performance has been worse than other diversified mutual funds. The fund has been giving at around 15% every year for those who stayed invested for last 3.3 years. Assume you had invested Rs 10,000 every month in Bharti AXA Equity through SIP from Nov 2008 today you would have around Rs 4.1 lakhs.


Tax implications The returns in a mutual fund are absolutely tax free, provided you do not withdraw within 1 year. Bharti AXA Equity does not qualify for sec 80C ELSS benefits.

Better alternatives for core portfolio DSP BlackRock Top 100 Fund HDFC Equity Fund

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Bharti AXA Equity Fund- Regular Plan