Fund Details
Axis Equity Saver Fund Regular Dividend Monthly
| Risk | High |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 2.39% |
| NAV | ₹11.90 (21 Jan 2021) |
|---|---|
| Fund Started | 14 Aug 2015 |
| Fund Size | ₹702 Cr |
Returns
Comparison
1. Risk is lower compared to the benchmark
2. 3Y Returns are higher than the category average returns
3. 5Y Returns are higher than the category average returns
1. Risk-adjusted returns are lower compared to the category
2. Higher expense ratio
3. 1Y Returns are lower than the benchmark
4. 3Y Returns are lower than the benchmark
5. Risk-adjusted returns are lower compared to the category
6. Higher expense ratio - 2.33%
7. 1Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| 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% |
| Infosys Ltd. | Technology | Equity | 2.8% |
Fund Managers
Axis Equity Saver Fund Regular Dividend Monthly Details
Axis Equity Saver Fund Regular Dividend Monthly 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 Dividend Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹702 Cr and the Latest NAV as of 21 Jan 2021 is ₹11.90.
The Axis Equity Saver Fund Regular Dividend Monthly is rated 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
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.
