|Min SIP Amount||₹1000|
|NAV||₹13.05 (14 May 2021)|
|Fund Started||16 Aug 2018|
|Fund Size||₹1,589 Cr|
Axis Equity Hybrid Fund Direct IDCW Monthly is a Balanced Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was made available to investors on 16 Aug 2018. R Sivakumar, Ashish Naik is the Current Fund Manager of Axis Equity Hybrid Fund Direct IDCW Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹1,589 Cr and the Latest NAV as of 14 May 2021 is ₹13.05.
The Axis Equity Hybrid Fund Direct IDCW Monthly is rated Very 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.