|Min SIP Amount||₹1000|
|NAV||₹13.42 (25 Jan 2021)|
|Fund Started||09 Aug 2018|
|Fund Size||₹1,649 Cr|
|HDFC Bank Ltd.||Financial||Equity||6.1%|
|Bajaj Finance Ltd.||Financial||Equity||5.8%|
|Kotak Mahindra Bank Ltd.||Financial||Equity||5.5%|
|Reliance Industries Ltd.||Energy||Equity||5.1%|
|Tata Consultancy Services Ltd.||Technology||Equity||5.0%|
|ICICI Bank Ltd.||Financial||Equity||4.4%|
|Housing Development Finance Corpn. Ltd.||Financial||Equity||4.1%|
|Avenue Supermarts Ltd.||Services||Equity||3.5%|
|Food Corporation of India||FMCG||Debenture||3.3%|
Axis Equity Hybrid Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was made available to investors on 09 Aug 2018. R Sivakumar, Shreyash Devalkar, Ashish Naik is the Current Fund Manager of Axis Equity Hybrid Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹1,649 Cr and the Latest NAV as of 25 Jan 2021 is ₹13.42.
The Axis Equity Hybrid Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000. For units more than 10% of the allotted, an exit load of 1% will be charged if redeemed within 12 months.
The scheme seeks 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.
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.