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
- 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.
- The fund has an expense ratio 1.
Returns
Axis Equity Hybrid Fund Direct Growth has given a CAGR return of 13.50% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 23.32%, 12.08% and 15.73% 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 benefitGains 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.
INDmoney Rank
Fund Overview
| Expense ratio | 0.99% |
Benchmark | CRISIL Hybrid 35+65 - Agg TR INR |
| AUM | ₹1643 Cr |
| Inception Date | 9 August, 2018 |
| Min Lumpsum/SIP | ₹500/₹100 |
Exit Load | 1% |
| Lock In | No Lock-in |
TurnOver | 97.5% |
| Risk |   Very High Risk |
Fund Distributionas on (30-Jun-24)
as on (30-Jun-24)
Mutual Fund Insights
Axis Equity Hybrid Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹1643 Cr
Expense Ratio 0.99%
Frequently Asked Questions
Axis Equity Hybrid Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 3.15% | 3.15% |
6 Month Returns | 16.11% | 16.11% |
1 Year Returns | 23.32% | 23.32% |
3 Years Returns | 40.79% | 12.08% |
5 Years Returns | 107.62% | 15.73% |
- 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.
AAA | 73.15 |
AA | 26.85 |