Axis Equity Saver Fund Direct IDCW

Hybrid
Equity Savings
Moderately High Risk
Payout
12.54%
3Y annualised
+0.15% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 29 Sep 2023₹13.26
Min. SIP amountNot Supported
Rating2
Fund size₹888.02Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Hybrid Equity Savings
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns11.2%12.5%9.7%9.1%
Category average10.5%11.0%8.1%NA
Rank with in category1299NA
Understand terms

Holdings (88)

NameSectorInstrumentAssets
FinancialEquity7.9%
SovereignGOI Sec5.7%
FinancialEquity5.5%
EnergyEquity5.4%
FinancialEquity3.6%
SovereignGOI Sec2.6%
TechnologyEquity2.3%
TechnologyEquity2.2%
FinancialT-Bills2.2%
FinancialT-Bills2.2%
See All

Pros and cons

Category: Hybrid Equity Savings

Pros

Cons

Consistently higher annualised returns than category average for the past 1Y, 3Y and 5Y
Higher expense ratio: 0.97%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality
Low rating: 2

Expense ratio, exit load and tax

Expense ratio: 0.97%

Inclusive of GST

Exit load

For units in excess of 10% of the investment,1% will be charged for redemption within 1 months.

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

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.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported

Fund management

R Sivakumar
Jul 2015 - Present
View details

Education
Mr. Sivakumar is a B.Tech from IIT Madras and MBA from IIM Ahmedabad.
Experience
Prior to joining Axis AMC he has worked with BNP Paribas Mutual Fund, Sundaram Mutual Fund (2001-2004), HDFC Mutual Fund and ITC Threadneedle.
Also manages these schemes

Hitesh Das
Jan 2023 - Present
View details

Education
Mr. Das is a PGDM, M.Tech, B.Tech
Experience
Prior to joining Axis Mutual Fund, he has worked with Barclays Securities India Pvt. Ltd., Credit Suisse Securities (India) Pvt. Ltd., Ebusinessware (India) Pvt. Ltd., Yes Bank.
Also manages these schemes

Hardik Shah
Feb 2023 - Present
View details

Education
Mr. Shah has done B.E. Information Technology and MBA Finance.
Experience
Prior to joining Axis Mutual Fund, he has worked with Nippon India Mutual Fund, Quantum Asset Management Company and ICAP India (P) Ltd.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
"Axis House" - 1st Floor,C-2 - Wadia International Centre,Pandurang Budhkar Marg , Worli, Mumbai 400025
Phone
022-24255161
Launch Date
04 Sep 2009
E-mail
NA
Axis Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,

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