Axis Equity Savings Fund Direct Plan Quarterly Pyt of Inc Dis cum Cap Wdrl

Axis Equity Savings Fund Direct Plan Quarterly Pyt of Inc Dis cum Cap Wdrl is a hybrid fund. This fund was started on 14 August, 2015. The fund is managed by Devang Shah, Hardik Shah. This fund gives you the benefit of diversification.

1. Axis Equity Savings Fund Direct Plan Quarterly Pyt of Inc Dis cum Cap Wdrl has ₹942 Cr worth of assets under management (AUM) as on Apr 2025 and is less than category average.
2. The fund has an expense ratio 1.
   

Axis Equity Savings Fund Direct Plan Quarterly Pyt of Inc Dis cum Cap Wdrl has given a CAGR return of 9.48% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 9.39%, 12.15% and 13.56% respectively.

Axis Equity Savings Fund Direct Plan Quarterly Pyt of Inc Dis cum Cap Wdrl has allocated its funds majorly in Cash Equivalent, Financial Services, Government, Energy, Corporate, Health, Tech, Basic Materials, Industrial, Consumer Cyclical, Consumer Defensive, Communication, Utilities, Real Estate.

As it is a equity savings mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Long term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

The investment objective of the scheme is to provide capital appreciation and income distribution to the investors by using equity and equity related instruments, arbitrage opportunities, and investments in debt and money market instruments. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved.

Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 100.00. Axis Equity Savings Fund Direct Plan Quarterly Pyt of Inc Dis cum Cap Wdrl has no lock in period.