Axis Equity Hybrid Fund Direct Growth
Hybrid
Direct
Aggressive Allocation
NAV: ₹ 19.22 as on 06-05-2024
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
- Axis Equity Hybrid Fund Direct Growth has ₹1589 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 1.
Fund Performance
179 people have invested ₹ 16.8L in Axis Equity Hybrid Fund Direct Growth in the last three months
Overview
 | 1.04% |
 Benchmark | CRISIL Hybrid 35+65 - Agg TR INR |
 | ₹1589 Cr |
 | 9 August, 2018 |
 | ₹500/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 97.5% |
Axis Equity Hybrid Fund Direct Growth Distribution as on (31-Mar-24)
Size breakup
Large cap
56.5%
Mid cap
10%
Small cap
8.7%
Sector Allocation
Financial Services
29.2%
Consumer Cyclical
12.6%
Tech
10.2%
Basic Materials
9.6%
Health
8.9%
Industrial
8.2%
Energy
6.9%
Consumer Defensive
6.8%
Communication
3.9%
Utilities
2.4%
Real Estate
1.3%
Top Holdings of Axis Equity Hybrid Fund Direct Growth as on (30-Apr-24)
Equity Holdings62
Debt Holdings26
Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 1.6K Cr as of Mar'24
- AUM decreased by 4.4 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Mutual Fund Insights
In the last 1 year, Bank of India Mid & Small Cap Equity & Debt Fund Direct Growth has given 47.75% return, outperforming this fund by 26.88%.
Over the last 3 months, this fund has experienced a 4.0% drop in AUM moving from 1.65K Cr to 1.58K Cr.
This fund expense ratio is slightly on the lower side within the category (aggressive allocation). Its expense ratio is 1.02% which is lower than the category average expense ratio of 1.26%.
In the last 5 years, Quant Absolute Fund Growth Option Direct Plan has given 26.05% return, outperforming this fund by 12.51% per annum.
Over the last 6 months, this fund has increased expense ratio by 12.1% moving from 0.91 to 1.02.
In the last 3 years, ICICI Prudential Equity & Debt Fund Direct Plan Growth has given 25.65% return, outperforming this fund by 13.47% per annum.
INDmoney Rank
Powered by IND quant engine
16
/18
29% Performance
28% Risk Management
31% Cost
16 out of 18 among aggressive allocation
Peer Analysis
Fund Manager
R Sivakumar
Fund Manager of Axis Equity Hybrid Fund Direct Growth, since 9 August 2018
Top funds managed
Ashish Naik
Fund Manager of Axis Equity Hybrid Fund Direct Growth, since 9 August 2018
Top funds managed
Aditya Pagaria
Fund Manager of Axis Equity Hybrid Fund Direct Growth, since 1 February 2023
Top funds managed
Axis Equity Hybrid Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 12.17% since inception which is less than its category average return of 12.72%
Fund Allocations
This fund has an allocation of 77.48% in Equity, 22.38% in Debt and 0.14% in Cash related instruments
AUM size ₹1589 Cr
This fund has AUM of ₹1589 Cr which is less than its category average of ₹ 5017 Cr
Expense Ratio 1.04%
This fund has an expense ratio of 1.04% 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 ₹19.22 as on 06-May-2024.
Existing (Absolute + CAGR) as on 06-May-2024.
Axis Equity Hybrid Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.57% | 0.57% |
6 Month Returns | 13.03% | 13.03% |
1 Year Returns | 20.88% | 20.88% |
3 Years Returns | 41.17% | 12.18% |
5 Years Returns | 88.68% | 13.54% |
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.
1.04% as on April 2024
₹1589 Cr as on April 2024
ICICI Bank Ltd(6.15%), HDFC Bank Ltd(4.62%), 7.18% Govt Stock 2037(3.81%), Reliance Industries Ltd(3.43%), Infosys Ltd(3.07%) as on April 2024
Financial Services(22.63%), Corporate(12.52%), Consumer Cyclical(9.8%) as on April 2024
AAA | 70.58 |
AA | 28.03 |
A | 1.4 |
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%