|Min SIP Amount||₹1000|
|NAV||₹13.66 (21 Jan 2021)|
|Fund Started||30 Jun 2016|
|Fund Size||₹702 Cr|
|Reliance Industries Ltd.||Energy||Equity||8.2%|
|Housing Development Finance Corpn. Ltd.||Financial||Equity||6.6%|
|ICICI Bank Ltd.||Financial||Equity||6.3%|
|HDFC Bank Ltd.||Financial||Equity||4.4%|
|Bharti Airtel Ltd.||Communication||Equity||4.3%|
|Mahindra & Mahindra Ltd.||Automobile||Equity||4.0%|
|Kotak Mahindra Bank Ltd.||Financial||Equity||3.8%|
|Axis Bank Ltd.||Financial||Fixed Deposits||3.5%|
|Bajaj Finance Ltd.||Financial||Equity||3.3%|
Axis Equity Saver Fund Direct Dividend is a Hybrid Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was made available to investors on 30 Jun 2016. R Sivakumar, Anupam Tiwari is the Current Fund Manager of Axis Equity Saver Fund Direct Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹702 Cr and the Latest NAV as of 21 Jan 2021 is ₹13.66.
The Axis Equity Saver Fund Direct Dividend is rated High risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 12 months
The scheme seeks 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.
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.