|Min SIP Amount||₹1000|
|NAV||₹13.26 (25 Sep 2020)|
|Fund Started||14 Aug 2015|
|Fund Size||₹689 Cr|
|Reliance Industries Ltd.||Energy||Equity||9.5%|
|Housing Development Finance Corpn. Ltd.||Financial||Equity||4.7%|
|ICICI Bank Ltd.||Financial||Equity||4.4%|
|HDFC Bank Ltd.||Financial||Equity||4.3%|
|Mahindra & Mahindra Ltd.||Automobile||Equity||4.2%|
|Bharti Airtel Ltd.||Communication||Equity||3.7%|
|Axis Bank Ltd.||Financial||Fixed Deposits||3.6%|
|Bajaj Finance Ltd.||Financial||Equity||3.3%|
Axis Equity Saver Fund Regular Growth is a Hybrid Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was made available to investors on 14 Aug 2015. R Sivakumar, Anupam Tiwari is the Current Fund Manager of Axis Equity Saver Fund Regular Growth fund.The fund currently has an Asset Under Management(AUM) of ₹689 Cr and the Latest NAV as of 25 Sep 2020 is ₹13.26.
The Axis Equity Saver Fund Regular Growth 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 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.