Axis Equity Saver Fund Direct IDCW - NAV, Mutual Fund Performance & Portfolio

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Axis Equity Saver Fund Direct IDCW
Hybrid
Equity Savings
Moderately High Risk
Payout
12.01%
3Y annualised
+0.11% 1D
1M
6M
1Y
3Y
5Y
All
 NAV: 28 Jan 2022₹14.12
Min. SIP amount₹1,000
Rating4
Fund size₹1,160.70Cr
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Hybrid Equity Savings
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns14.2%12.0%10.7%9.6%
Category average20.4%8.3%8.2%NA
Rank with in category962NA
Understand terms
Holdings (80)NameSectorInstrumentAssets
ICICI Bank Ltd.
FinancialEquity7.2%
Reliance Industries Ltd.
EnergyEquity6.8%
Infosys Ltd.
TechnologyEquity5.3%
Housing Development Finance Corpn. Ltd.
FinancialEquity5.0%
HDFC Bank Ltd.
FinancialEquity3.4%
GOI
SovereignGOI FRB3.0%
Avenue Supermarts Ltd.
ServicesEquity2.3%
Bajaj Finance Ltd.
FinancialEquity2.3%
Axis Bank Ltd.
FinancialFixed Deposits2.1%
Tata Consultancy Services Ltd.
TechnologyEquity1.9%
See All
DisclaimerThis content is derived from publicly available information, internal sources, and other third-party sources believed to be reliable. We, at Nextbillion Technology Pvt. Ltd. (Groww), do not guarantee the accuracy of such information, or assure its completeness, or warrant that such information will not be changed.
All comparisons are done with the category average metrics for this category.
Pros and cons
Category: Hybrid Equity Savings
Pros
3Y and 5Y annualised returns higher than category average
Lower expense ratio: 0.88%
Average credit rating of the fund's holdings: AAA
This fund has holdings of the highest quality
Cons
1Y annualised returns lower than category average by 6.47%
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
31 Dec 2021 - Present
0.88%
30 Nov 2021 - 31 Dec 2021
0.88%
31 Oct 2021 - 30 Nov 2021
0.92%
30 Sep 2021 - 31 Oct 2021
0.94%
31 Aug 2021 - 30 Sep 2021
0.98%
31 Jul 2021 - 31 Aug 2021
0.99%
30 Jun 2021 - 31 Jul 2021
1.01%
31 May 2021 - 30 Jun 2021
0.95%
30 Apr 2021 - 31 May 2021
0.91%
31 Mar 2021 - 30 Apr 2021
0.91%
28 Feb 2021 - 31 Mar 2021
0.91%
31 Jan 2021 - 28 Feb 2021
0.91%
31 Dec 2020 - 31 Jan 2021
0.92%
30 Nov 2020 - 31 Dec 2020
0.93%
31 Oct 2020 - 30 Nov 2020
0.92%
30 Sep 2020 - 31 Oct 2020
0.92%
31 Aug 2020 - 30 Sep 2020
0.93%
31 Jul 2020 - 31 Aug 2020
0.99%
30 Jun 2020 - 31 Jul 2020
1.02%
31 May 2020 - 30 Jun 2020
1.02%
30 Apr 2020 - 31 May 2020
1.04%
31 Mar 2020 - 30 Apr 2020
1.05%
29 Feb 2020 - 31 Mar 2020
1.04%
31 Jan 2020 - 29 Feb 2020
1.11%
31 Dec 2019 - 31 Jan 2020
1.11%
30 Nov 2019 - 31 Dec 2019
1.11%
31 Oct 2019 - 30 Nov 2019
1.06%
30 Sep 2019 - 31 Oct 2019
1.18%
31 Aug 2019 - 30 Sep 2019
1.18%
31 Jul 2019 - 31 Aug 2019
1.23%
30 Jun 2019 - 31 Jul 2019
1.26%
31 May 2019 - 30 Jun 2019
1.18%
30 Apr 2019 - 31 May 2019
1.20%
31 Mar 2019 - 30 Apr 2019
1.24%
28 Feb 2019 - 31 Mar 2019
1.29%
31 Jan 2019 - 28 Feb 2019
1.31%
31 Dec 2018 - 31 Jan 2019
1.69%
30 Nov 2018 - 31 Dec 2018
1.69%
31 Oct 2018 - 30 Nov 2018
1.69%
30 Sep 2018 - 31 Oct 2018
1.69%
31 Aug 2018 - 30 Sep 2018
1.69%
31 Jul 2018 - 31 Aug 2018
1.72%
30 Jun 2018 - 31 Jul 2018
1.75%
31 May 2018 - 30 Jun 2018
1.65%
30 Apr 2018 - 31 May 2018
1.65%
31 Mar 2018 - 30 Apr 2018
1.66%
28 Feb 2018 - 31 Mar 2018
1.66%
31 Jan 2018 - 28 Feb 2018
1.66%
31 Dec 2017 - 31 Jan 2018
1.66%
30 Nov 2017 - 31 Dec 2017
1.65%
31 Oct 2017 - 30 Nov 2017
2.41%
Expense ratio, exit load and taxExpense ratio: 0.88%Inclusive of GST
Exit loadFor units in excess of 10% of the investment,1% will be charged for redemption within 1 months.
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns 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 amountsMin. for 1st investment₹5,000
Min. for 2nd investment onwards₹100
Min. for SIP₹1,000
Fund managementR 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
Axis Triple Advantage Fund Growth
Axis Triple Advantage Fund IDCW
Axis Dynamic Bond Fund Growth
Axis Dynamic Bond Fund IDCW Quarterly
Axis Dynamic Bond Fund IDCW Half Yearly
Axis Capital Protection Oriented Fund Series 5 Growth
Axis Capital Protection Oriented Fund Series 5 IDCW
Axis Dynamic Bond Direct Fund IDCW Half Yearly
Axis Dynamic Bond Direct Fund Growth
Axis Dynamic Bond Direct Fund IDCW Quarterly
Axis Triple Advantage Direct Plan IDCW
Axis Triple Advantage Direct Plan Growth
Axis Equity Saver Fund Direct Growth
Axis Equity Saver Fund Direct IDCW Monthly
Axis Equity Saver Fund Regular Growth
Axis Equity Saver Fund Regular IDCW Monthly
Axis Equity Saver Fund Direct IDCW Quarterly
Axis Equity Saver Fund Regular IDCW Quarterly
Axis Children's Gift Fund Regular Compulsory Lock In Growth
Axis Children's Gift Fund Regular Compulsory Lock In IDCW
Axis Children's Gift Fund Regular No Lock In IDCW
Axis Children's Gift Fund Direct Compulsory Lock In Growth
Axis Children's Gift Fund Direct No Lock In IDCW
Axis Children's Gift Fund Direct No Lock In Growth
Axis Children's Gift Fund Direct Compulsory Lock In IDCW
Axis Children's Gift Fund Regular No Lock In Growth
Axis Equity Saver Fund Direct IDCW
Axis Equity Saver Fund Regular IDCW
Axis Balanced Advantage Fund Direct Growth
Axis Balanced Advantage Fund Direct IDCW
Axis Balanced Advantage Fund Regular Growth
Axis Balanced Advantage Fund Regular IDCW
Axis Equity Hybrid Fund Regular Growth
Axis Equity Hybrid Fund Direct Growth
Axis Equity Hybrid Fund Direct IDCW
Axis Equity Hybrid Fund Regular IDCW
Axis Equity Hybrid Fund Direct IDCW Monthly
Axis Equity Hybrid Fund Regular IDCW Monthly
Axis Equity Hybrid Fund Regular IDCW Quarterly
Axis Retirement Savings Fund Aggressive Plan Direct IDCW
Axis Retirement Savings Fund Aggressive Plan Regular Growth
Axis Retirement Savings Fund Aggressive Plan Regular IDCW
Axis Retirement Savings Fund Aggressive Plan Direct Growth
Axis Retirement Savings Fund Dynamic Plan Direct Growth
Axis Retirement Savings Fund Dynamic Plan Regular Growth
Axis Retirement Savings Fund Dynamic Plan Regular IDCW
Axis Retirement Savings Fund Conservative Plan Direct Growth
Axis Retirement Savings Fund Conservative Plan Direct IDCW
Axis Retirement Savings Fund Conservative Plan Regular Growth
Axis Retirement Savings Fund Conservative Plan Regular IDCW
Axis All Seasons Debt FoF Direct Growth
Axis All Seasons Debt FoF Regular Growth
Axis All Seasons Debt FoF Direct IDCW Monthly
Axis All Seasons Debt FoF Direct IDCW Yearly
Axis All Seasons Debt FoF Regular IDCW Monthly
Axis All Seasons Debt FoF Regular IDCW Half Yearly
Axis All Seasons Debt FoF Regular IDCW Yearly
Axis Global Equity Alpha FoF Direct Growth
Axis Global Equity Alpha FoF Regular Growth
Axis Global Equity Alpha FoF Direct IDCW
Axis Global Equity Alpha FoF Regular IDCW
Anupam Tiwari
Oct 2016 - Present
View details
Education
Mr. Tiwari is a Chartered Accountant.
Experience
Prior to joining Axis Mutual Fund he was associated with Principal Mutual Fund (July 25, 2011-Sep 21, 2016), Reliance Life Insurance Ltd. (Sep 22, 2010-Jul 15, 2011) and Reliance MF (Mar 21, 2005-Sep 21, 2010).
Also manages these schemes
Axis Small Cap Fund Regular Growth
Axis Small Cap Fund Direct IDCW
Axis Small Cap Fund Regular IDCW
Axis Small Cap Fund Direct Growth
Axis Equity Saver Fund Direct Growth
Axis Equity Saver Fund Direct IDCW Monthly
Axis Equity Saver Fund Regular Growth
Axis Equity Saver Fund Regular IDCW Monthly
Axis Equity Saver Fund Direct IDCW Quarterly
Axis Equity Saver Fund Regular IDCW Quarterly
Axis Equity Saver Fund Direct IDCW
Axis Equity Saver Fund Regular IDCW
Axis Emerging Opportunities Fund Series 1 (1400 Days) Direct IDCW
Axis Emerging Opportunities Fund Series 1 (1400 Days) Direct Growth
Axis Emerging Opportunities Fund Series 1 (1400 Days) Regular IDCW
Axis Emerging Opportunities Fund Series 1 (1400 Days) Regular Growth
Axis Emerging Opportunities Fund Series 2 (1400 Days) Regular Growth
Axis Emerging Opportunities Fund Series 2 (1400 Days) Regular IDCW
Axis Emerging Opportunities Fund Series 2 (1400 Days) Direct Growth
Axis Balanced Advantage Fund Direct Growth
Axis Balanced Advantage Fund Direct IDCW
Axis Balanced Advantage Fund Regular Growth
Axis Balanced Advantage Fund Regular IDCW
Axis Capital Builder Fund Series 1 (1540 Days) Regular Growth
Axis Capital Builder Fund Series 1 (1540 Days) Direct Growth
Axis Capital Builder Fund Series 1 (1540 Days) Regular IDCW
Axis Capital Builder Fund Series 4 (1582 Days) Direct Growth
Axis Capital Builder Fund Series 4 (1582 Days) Regular Growth
Axis Capital Builder Fund Series 4 (1582 Days) Regular IDCW
Axis Multicap Fund Regular Growth
Axis Multicap Fund Direct Growth
Axis Multicap Fund Direct IDCW
Kaustubh Sule
Nov 2021 - Present
View details
Education
Mr. Sule is a B.E. (Computer Engineering) & MBA (Finance)
Experience
Prior to joining Axis Asset Management Company Ltd., he has worked with HDFC Standard Life Insurance Company Ltd., Reliance Life Insurance Company Ltd., Union Bank of India, Hexaware Technologies Ltd.
Also manages these schemes
Axis Dynamic Bond Fund Growth
Axis Dynamic Bond Fund IDCW Quarterly
Axis Dynamic Bond Fund IDCW Half Yearly
Axis Gilt Fund IDCW
Axis Gilt Fund Growth
Axis Strategic Bond Fund Growth
Axis Strategic Bond Fund IDCW Quarterly
Axis Strategic Bond Fund IDCW Half Yearly
Axis Gilt Fund Direct Plan Growth
Axis Gilt Fund Direct Plan IDCW Half Yearly
Axis Gilt Fund Direct Plan IDCW
Axis Dynamic Bond Direct Fund IDCW Half Yearly
Axis Dynamic Bond Direct Fund Growth
Axis Dynamic Bond Direct Fund IDCW Quarterly
Axis Strategic Bond Fund Direct IDCW Half Yearly
Axis Strategic Bond Fund Direct Growth
Axis Strategic Bond Fund Direct IDCW Quarterly
Axis Equity Saver Fund Direct Growth
Axis Equity Saver Fund Direct IDCW Monthly
Axis Equity Saver Fund Regular Growth
Axis Equity Saver Fund Regular IDCW Monthly
Axis Equity Saver Fund Direct IDCW Quarterly
Axis Equity Saver Fund Regular IDCW Quarterly
Axis Children's Gift Fund Regular Compulsory Lock In Growth
Axis Children's Gift Fund Regular Compulsory Lock In IDCW
Axis Children's Gift Fund Regular No Lock In IDCW
Axis Children's Gift Fund Direct Compulsory Lock In Growth
Axis Children's Gift Fund Direct No Lock In IDCW
Axis Children's Gift Fund Direct No Lock In Growth
Axis Children's Gift Fund Direct Compulsory Lock In IDCW
Axis Children's Gift Fund Regular No Lock In Growth
Axis Equity Saver Fund Direct IDCW
Axis Equity Saver Fund Regular IDCW
Axis Equity Hybrid Fund Regular Growth
Axis Equity Hybrid Fund Direct Growth
Axis Equity Hybrid Fund Direct IDCW
Axis Equity Hybrid Fund Regular IDCW
Axis Equity Hybrid Fund Direct IDCW Monthly
Axis Equity Hybrid Fund Regular IDCW Monthly
Axis Equity Hybrid Fund Regular IDCW Quarterly
Axis AAA Bond Plus SDL ETF 2026 Maturity Growth
Axis CPSE Plus SDL 2025 70:30 Debt Index Fund Direct Growth
Fund house & investment objective
Axis Mutual Fund
Rank (total assets)#7 in India
Total AUM₹2,54,086.69Cr
Date of IncorporationNA
 Axis Equity Saver Fund Direct IDCW is a Hybrid Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was made available to investors on
 Axis Equity Saver Fund Direct IDCW is a Hybrid Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was made available to investors on 29 Jan 2022. R Sivakumar, Anupam Tiwari is the Current Fund Manager of Axis Equity Saver Fund Direct IDCW fund. The fund currently has an Asset Under Management(AUM) of ₹2,54,087 Cr and the Latest NAV as of 28 Jan 2022 is ₹14.12.
The Axis Equity Saver Fund Direct IDCW is rated Moderately High risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000. For units in excess of 10% of the investment,1% will be charged for redemption within 1 months.
...Read more
Investment Objective
The scheme seeks to provide capital appreciation and income distribution to the investors by using equity and equity related instruments, arbitrage op
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.
...Read more
Fund benchmarkNIFTY Equity Savings TRI
Scheme Information Document(SID)
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
NA
E-mail
[email protected] / [email protected]
Website
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,
Email
[email protected]
Website
www.karvymfs.com
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FAQsHow to Invest in Axis Equity Saver Fund Direct IDCW
You can easily invest in Axis Equity Saver Fund Direct IDCW in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account
 Search for Axis Equity Saver Fund Direct IDCW from the search box 
 In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
 Once you are done with that, you can start investing in Axis Equity Saver Fund Direct IDCW as SIP or lumpsum as per your investment objective and risk tolerance
What kind of returns does Axis Equity Saver Fund Direct IDCW provide?
The Axis Equity Saver Fund Direct IDCW has been there from 30 Jun 2016 and the average annual returns provided by this
fund is 14.24% since its inception.
How much expense ratio is charged by Axis Equity Saver Fund Direct IDCW?
The term Expense Ratio used for Axis Equity Saver Fund Direct IDCW or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. 

The Expense Ratio of Axis Equity Saver Fund Direct IDCW is 0.88% as of 29 Jan 2022...
What is the AUM of Axis Equity Saver Fund Direct IDCW?
The AUM, short for Assets Under Management of Axis Equity Saver Fund Direct IDCW is ₹1,160.70Cr as of 29 Jan 2022.
How to Redeem Axis Equity Saver Fund Direct IDCW?
If you want to sell your Axis Equity Saver Fund Direct IDCW holdings, go to your holding on the app or
web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your
desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.
Can I invest in SIP and Lump Sum of Axis Equity Saver Fund Direct IDCW?
You can select either SIP  or Lumpsum  investment of Axis Equity Saver Fund Direct IDCW based on your investment objective and risk tolerance.
What is the NAV of Axis Equity Saver Fund Direct IDCW?
The NAV of Axis Equity Saver Fund Direct IDCW is ₹14.12 as of 28 Jan 2022.
What is the PE and PB ratio of Axis Equity Saver Fund Direct IDCW?
The PE ratio ratio of Axis Equity Saver Fund Direct IDCW is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

	1Y	3Y	5Y	All
Fund returns	14.2%	12.0%	10.7%	9.6%
Category average	20.4%	8.3%	8.2%	NA
Rank with in category	9	6	2	NA

Name	Sector	Instrument	Assets
ICICI Bank Ltd.	Financial	Equity	7.2%
Reliance Industries Ltd.	Energy	Equity	6.8%
Infosys Ltd.	Technology	Equity	5.3%
Housing Development Finance Corpn. Ltd.	Financial	Equity	5.0%
HDFC Bank Ltd.	Financial	Equity	3.4%
GOI	Sovereign	GOI FRB	3.0%
Avenue Supermarts Ltd.	Services	Equity	2.3%
Bajaj Finance Ltd.	Financial	Equity	2.3%
Axis Bank Ltd.	Financial	Fixed Deposits	2.1%
Tata Consultancy Services Ltd.	Technology	Equity	1.9%

Rank (total assets)	#7 in India
Total AUM	₹2,54,086.69Cr

Date of Incorporation	NA

Fund benchmark	NIFTY Equity Savings TRI

No.11, 2nd floor, 80 FT Road
4th Block, S.T Bed, Koramangala
Bengaluru – 560034
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Min. for 1st investment	₹5,000
Min. for 2nd investment onwards	₹100

Rating	4
Fund size	₹1,160.70Cr