Axis Equity Saver Fund Direct Dividend0.00%

3.83%
1 Year Return
Hybrid
Equity Savings
4.0star
6M
1Y
3Y
5Y
All

Fund Details

Axis Equity Saver Fund Direct Dividend

RiskModerately High
Min SIP Amount₹1000
Expense Ratio0.92%
NAV12.36 (29 Oct 2020)
Fund Started30 Jun 2016
Fund Size676 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Axis Equity Saver Fund Direct Dividend
3.8%
7.1%
7.8%
7.6%
Category Average
3.1%
3.4%
5.6%
-
Rank within category
16
2
4
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with 3.8% annual returns

    Comparison

    Data not available
    Pros
    1. 1Y Returns are higher than the category average returns
    2. 3Y Returns are higher than the category average returns
    Cons
    1. Risk-adjusted returns are lower compared to the category

    Top Holdings

    NameSectorInstrument% Assets
    Reliance Industries Ltd.EnergyEquity10.4%
    Housing Development Finance Corpn. Ltd.FinancialEquity4.6%
    Infosys Ltd.TechnologyEquity4.5%
    HDFC Bank Ltd.FinancialEquity4.3%
    Mahindra & Mahindra Ltd.AutomobileEquity4.3%
    Bharti Airtel Ltd.CommunicationEquity4.1%
    ICICI Bank Ltd.FinancialEquity4.0%
    Axis Bank Ltd.FinancialFixed Deposits3.6%
    REC Ltd.FinancialDebenture3.2%
    Tata Consultancy Services Ltd.TechnologyEquity2.7%
    See All

    Fund Managers

    addR Sivakumar
    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.
    Funds Managed
    addAnupam Tiwari
    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).
    Funds Managed

    Axis Equity Saver Fund Direct Dividend Details

    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 ₹676 Cr and the Latest NAV as of 29 Oct 2020 is ₹12.36.

    The Axis Equity Saver Fund Direct Dividend is rated Moderately High risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 12 months

    Investment Objective

    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.

    Tax Implications

    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.

    Scheme Information Document(SID)

    ₹5000
    Min for First Investment
    ₹100
    Min for Second Investment
    Exit load of 1% if redeemed within 12 months
    Exit Load

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    About Axis Mutual Fund

    Address
    Axis House, 1st Floor, C-2, Wadia International Centre, Pandurang Budhkar Marg, Worli, Mumbai 400025
    Phone
    022-43255161
    Launch Date
    04 Sep 2009
    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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