Axis Equity Hybrid Fund Direct Growth

Axis Equity Hybrid Fund Direct Growth

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Hybrid
Direct
Aggressive Allocation
NAV: ₹ 18.66 as on 28-02-2024
Fund Performance
zero opening, trading, fund transfer fee
232 people have invested ₹ 21.6L in Axis Equity Hybrid Fund Direct Growth in the last three months

Mutual Fund Insights

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Over the last 3 months, this fund has increased expense ratio by 6.6% moving from 0.91 to 0.97.
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In the last 3 years, Quant Absolute Fund Growth Option Direct Plan has given 27.66% return, outperforming this fund by 15.88% per annum.
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Over the last 6 months, this fund has experienced a 7.6% drop in AUM moving from 1.74K Cr to 1.60K Cr.
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This fund has one of the lowest expense ratio in the category (aggressive allocation). Its expense ratio is 0.97% which is lower than the category average expense ratio of 1.26%.
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In the last 1 year, Quant Absolute Fund Growth Option Direct Plan has given 41.02% return, outperforming this fund by 19.77%.
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In the last 5 years, Quant Absolute Fund Growth Option Direct Plan has given 27.31% return, outperforming this fund by 13.14% per annum.

INDmoney Rank of Axis Equity Hybrid Fund Direct Growth

Powered by IND quant engine
16
/18
30% Performance
31% Risk Management
37% Cost
16 out of 18 among aggressive allocation

About the Axis Equity Hybrid Fund Direct Growth

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 ₹1609 Cr worth of assets under management (AUM) as on Jan 2024 and is less than category average.
  2. The fund has an expense ratio 1.

Axis Equity Hybrid Fund Direct Growth Overview

Expense ratio
Expense ratio
0.97%
Benchmark
Benchmark
CRISIL Hybrid 35+65 - Agg TR INR
AUM
AUM
₹1609 Cr
Inception Date
Inception Date
9 August, 2018
Min Lumpsum/SIP
Min Lumpsum/SIP
₹500/₹100
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
97.5%

Axis Equity Hybrid Fund Direct Growth Distribution as on (31-Jan-24)

  • Equity 76.5%

  • Debt & Cash 23.5%

Size breakup

Large cap
55.9%
Mid cap
8.9%
Small cap
8.5%
Sector Allocation

Jan'24

Dec'23

Nov'23

Financial Services
27.5%
Basic Materials
12.6%
Consumer Cyclical
10.7%
Tech
10.1%
Consumer Defensive
9.3%
Health
8.6%
Industrial
7.9%
Energy
5.7%
Communication
3.7%
Utilities
2.3%
Real Estate
1.6%

Top Holdings of Axis Equity Hybrid Fund Direct Growth as on (31-Jan-24)

  • Equity

  • Debt & Cash

Equity Holdings57
Debt Holdings26

Axis Equity Hybrid Fund Direct Growth: Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Jan'24
Dec'23
Nov'23
AUM
₹ 1.6K Cr
₹ 1.7K Cr
₹ 1.6K Cr
  • AUM of the fund stands at 1.6K Cr as of Jan'24
  • AUM decreased by 43 Cr between Jan'24 and Dec'23
Fund Portfolio Changes

Axis Equity Hybrid Fund Direct Growth Fund Manager

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

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 12.07% since inception which is less than its category average return of 12.71%
Fund Allocations

Fund Allocations

This fund has an allocation of 76.5% in Equity, 21.52% in Debt and 1.98% in Cash related instruments
AUM size ₹1609 Cr

AUM size ₹1609 Cr

This fund has AUM of ₹1609 Cr which is less than its category average of ₹ 4830 Cr
Expense Ratio 0.97%

Expense Ratio 0.97%

This fund has an expense ratio of 0.97% which is less than its category average expense ratio of 1.51%

Frequently Asked Questions

The current NAV of Axis Equity Hybrid Fund Direct Growth is ₹18.66 as on 28-Feb-2024.
Existing (Absolute + CAGR) as on 28-Feb-2024.
Axis Equity Hybrid Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
2.9%
2.9%
6 Month Returns
10.57%
10.57%
1 Year Returns
21.25%
21.25%
3 Years Returns
39.69%
11.79%
5 Years Returns
93.92%
14.16%
With INDmoney, the process of investing is very simple and involves zero commission.
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  • 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.
0.97% as on January 2024
₹1609 Cr as on January 2024
ICICI Bank Ltd(5.7%), HDFC Bank Ltd(4.6%), Bajaj Finance Ltd(3.82%), Avenue Supermarts Ltd(3.68%), Infosys Ltd(3.36%) as on January 2024
Financial Services(21.06%), Corporate(12.75%), Basic Materials(9.61%) as on January 2024
AAA
76.34
AA
21.51
A
2.14
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%