Axis Conservative Hybrid Fund Direct Growth

Axis Conservative Hybrid Fund Direct Growth is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Devang Shah, Sachin Jain. This fund gives you the benefit of diversification.

1. Axis Conservative Hybrid Fund Direct Growth has ₹275 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
2. The fund has an expense ratio 0.9.
   

Axis Conservative Hybrid Fund Direct Growth has given a CAGR return of 9.11% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 10.73%, 9.26% and 10.49% respectively.

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

As it is a conservative 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 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Long term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

The scheme seeks to generate regular income through investments in debt & money market instruments, along with capital appreciation through limited exposure to equity and equity related instruments. It also aims to manage risk thorough active asset allocation.

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