Axis Equity Hybrid Fund Direct Growth

Hybrid
Direct
Aggressive Allocation
Axis Equity Hybrid Fund Direct Growth

About the Fund

Axis Equity Hybrid Fund Direct Growth is a hybrid fund. This fund was started on 9 August, 2018. The fund is managed by R Sivakumar, Ashish Naik, Aditya Pagaria. This fund gives you the benefit of diversification.

Key Parameters

  1. Axis Equity Hybrid Fund Direct Growth has ₹1643 Cr worth of assets under management (AUM) as on Jun 2024 and is less than category average.
  2. The fund has an expense ratio 1.

Returns

Axis Equity Hybrid Fund Direct Growth has given a CAGR return of 13.44% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 21.96%, 12.13% and 15.33% respectively.

Holdings

Axis Equity Hybrid Fund Direct Growth has allocated its funds majorly in Government, Corporate, Financial Services, Consumer Cyclical, Cash Equivalent, Tech, Basic Materials, Industrial, Health, Energy, Consumer Defensive, Communication, Utilities, Securitize, Real Estate.

Taxation

As it is a aggressive allocation 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 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

Investment objective of Axis Equity Hybrid Fund Direct Growth

To generate long term capital appreciation along with current income by investing in a mix of Equity and Equity related Instruments, debt Instruments and money market instruments. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 100.00. Axis Equity Hybrid Fund Direct Growth has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
173 people have invested ₹ 15.3L in Axis Equity Hybrid Fund Direct Growth in the last three months

INDmoney Rank

Powered by IND quant engine
17
/18
27% Performance
20% Risk Management
40% Cost
17 out of 18 among aggressive allocation

Fund Overview

Expense ratio0.99%
Benchmark
CRISIL Hybrid 35+65 - Agg TR INR
AUM₹1643 Cr
Inception Date9 August, 2018
Min Lumpsum/SIP₹500/₹100
Exit Load
1%
Lock InNo Lock-in
TurnOver
97.5%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (30-Jun-24)

  • Equity 78.2%

  • Debt & Cash 21.8%

Large cap
53.1%

Small cap
12.1%

Mid cap
10.7%

Sector Allocation

Jun'24

May'24

Apr'24

Financial Services
29.7%
Consumer Cyclical
14.7%
Tech
10.1%
Basic Materials
9.1%
Industrial
8.4%
Health
7.6%
Energy
6.8%
Consumer Defensive
5.4%
Communication
4.3%
Utilities
2.5%
Real Estate
1.2%
All changes are between Oct'69 and Dec'69

R Sivakumar
R Sivakumar
Fund Manager of Axis Equity Hybrid Fund Direct Growth, since 9 August 2018
Ashish Naik
Ashish Naik
Fund Manager of Axis Equity Hybrid Fund Direct Growth, since 9 August 2018
Aditya Pagaria
Aditya Pagaria
Fund Manager of Axis Equity Hybrid Fund Direct Growth, since 1 February 2023

Mutual Fund Insights

Insights icon
In the last 1 year, Bank of India Mid & Small Cap Equity & Debt Fund Direct Growth has given 50.2% return, outperforming this fund by 28.24%.
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In the last 5 years, Bank of India Mid & Small Cap Equity & Debt Fund Direct Growth has given 28.38% return, outperforming this fund by 13.04% per annum.
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In the last 3 years, ICICI Prudential Equity & Debt Fund Direct Plan Growth has given 25.21% return, outperforming this fund by 13.08% per annum.
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This fund has one of the lowest expense ratio in the category (aggressive allocation). Its expense ratio is 0.99% which is lower than the category average expense ratio of 1.24%.
Insights icon
Over the last 1 year, this fund has increased expense ratio by 12.5% moving from 0.88 to 0.99.

Axis Equity Hybrid Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 13.44% since inception which is more than its category average return of 13.42%
Fund Allocations

Fund Allocations

This fund has an allocation of 78.19% in Equity, 19.47% in Debt and 2.34% in Cash related instruments
AUM size ₹1643 Cr

AUM size ₹1643 Cr

This fund has AUM of ₹1643 Cr which is less than its category average of ₹ 5434 Cr
Expense Ratio 0.99%

Expense Ratio 0.99%

This fund has an expense ratio of 0.99% which is less than its category average expense ratio of 1.49%

Frequently Asked Questions

The current NAV of Axis Equity Hybrid Fund Direct Growth is ₹21.25 as on 22-Jul-2024.
Existing (Absolute + CAGR) as on 22-Jul-2024.
Axis Equity Hybrid Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
3.22%
3.22%
6 Month Returns
14.88%
14.88%
1 Year Returns
21.96%
21.96%
3 Years Returns
40.97%
12.13%
5 Years Returns
104.05%
15.33%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.99% as on June 2024
₹1643 Cr as on June 2024
ICICI Bank Ltd(5.71%), HDFC Bank Ltd(5.29%), 7.18% Govt Stock 2037(3.69%), 7.25% Govt Stock 2063(3.41%), Infosys Ltd(3.28%) as on June 2024
Financial Services(23.23%), Consumer Cyclical(11.5%), Government(9.72%) as on June 2024
AAA
73.15
AA
26.85
R Sivakumar, Ashish Naik, Aditya Pagaria are the fund managers of Axis Equity Hybrid Fund Direct Growth
The Exit load of Axis Equity Hybrid Fund Direct Growth is 1%