Axis Equity Saver Fund Direct Plan Monthly Reinvst of Inc Dis cum Cap Wdrl

Hybrid
Direct
Equity Savings
Axis Equity Saver Fund Direct Plan Monthly Reinvst of Inc Dis cum Cap Wdrl

About the Fund

Axis Equity Saver Fund Direct Plan Monthly Reinvst of Inc Dis cum Cap Wdrl is a hybrid fund. This fund was started on 14 August, 2015. The fund is managed by Hardik Shah, R Sivakumar. This fund gives you the benefit of diversification.

Key Parameters

  1. Axis Equity Saver Fund Direct Plan Monthly Reinvst of Inc Dis cum Cap Wdrl has ₹938 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 Saver Fund Direct Plan Monthly Reinvst of Inc Dis cum Cap Wdrl has given a CAGR return of 9.81% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 17.06%, 11.20% and 11.62% respectively.

Holdings

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

Taxation

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 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 Saver Fund Direct Plan Monthly Reinvst of Inc Dis cum Cap Wdrl

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 and lockin period

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

Fund Performance

Fund Overview

Expense ratio1.03%
Benchmark
NIFTY Equity Savings TR INR
AUM₹938 Cr
Inception Date14 August, 2015
Min Lumpsum/SIP₹500/₹100
Exit Load
1%
Lock InNo Lock-in
TurnOver
414.35%
Risk
Risk meter
pointer
Moderately High risk

Fund Distribution
as on (30-Jun-24)

  • Equity 39.7%

  • Debt & Cash 60.3%

Large cap
61.1%

Mid cap
5.5%

Small cap
0.7%

Sector Allocation

Jun'24

May'24

Apr'24

Financial Services
28.6%
Energy
13.1%
Basic Materials
11.2%
Consumer Cyclical
10.1%
Tech
9.5%
Industrial
7.4%
Consumer Defensive
6.9%
Health
5.9%
Communication
3.5%
Utilities
3.4%
Real Estate
0.5%
All changes are between Oct'69 and Dec'69

Hardik Shah
Hardik Shah
Fund Manager of Axis Equity Saver Fund Direct Plan Monthly Reinvst of Inc Dis cum Cap Wdrl, since 1 February 2023
R Sivakumar
R Sivakumar
Fund Manager of Axis Equity Saver Fund Direct Plan Monthly Reinvst of Inc Dis cum Cap Wdrl, since 14 August 2015

Axis Equity Saver Fund Direct Plan Monthly Reinvst of Inc Dis cum Cap Wdrl Highlights

Risk meter
pointer

Moderately High risk

Investors understand that their principal will be at Moderately High risk
About the fund

About the fund

This fund has delivered an average annual returns of 9.81% since inception which is more than its category average return of 8.45%
Fund Allocations

Fund Allocations

This fund has an allocation of 39.72% in Equity, 19.5% in Debt and 40.78% in Cash related instruments
AUM size ₹938 Cr

AUM size ₹938 Cr

This fund has AUM of ₹938 Cr which is less than its category average of ₹ 1388 Cr
Expense Ratio 1.03%

Expense Ratio 1.03%

This fund has an expense ratio of 1.03% which is less than its category average expense ratio of 1.14%

Frequently Asked Questions

The current NAV of Axis Equity Saver Fund Direct Plan Monthly Reinvst of Inc Dis cum Cap Wdrl is ₹14.21 as on 18-Jul-2024.
Existing (Absolute + CAGR) as on 18-Jul-2024.
Axis Equity Saver Fund Direct Plan Monthly Reinvst of Inc Dis cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
2.08%
2.08%
6 Month Returns
7.53%
7.53%
1 Year Returns
17.06%
17.06%
3 Years Returns
37.49%
11.2%
5 Years Returns
73.23%
11.62%
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.
1.03% as on June 2024
₹938 Cr as on June 2024
Reliance Industries Ltd(8.34%), 7.25% Govt Stock 2063(7.06%), HDFC Bank Ltd(5.79%), Larsen & Toubro Ltd(3.74%), 7.34% Govt Stock 2064(2.75%) as on June 2024
Cash Equivalent(38.12%), Government(16.07%), Financial Services(11.36%) as on June 2024
AAA
77.41
AA
20.61
A
1.98
Hardik Shah, R Sivakumar are the fund managers of Axis Equity Saver Fund Direct Plan Monthly Reinvst of Inc Dis cum Cap Wdrl
The Exit load of Axis Equity Saver Fund Direct Plan Monthly Reinvst of Inc Dis cum Cap Wdrl is 1%