| Risk | Moderately High |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 1.14% |
| NAV | ₹14.97 (30 Aug 2019) |
|---|---|
| Fund Started | 11 Feb 2016 |
| Fund Size | ₹154 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| L&T Infrastructure Finance Co. Ltd. | Financial | Debenture | 9.1% |
| Bank Of Baroda | Financial | CD | 8.7% |
| Indusind Bank Ltd. | Financial | CD | 6.4% |
| Magma Fincorp Ltd. | Financial | Debenture | 5.8% |
| Power Finance Corpn. Ltd. | Financial | Bonds | 3.9% |
| Power Finance Corpn. Ltd. | Financial | Bonds | 0.7% |
Axis Hybrid Fund Series 30 Direct Growth is a Hybrid Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was made available to investors on 11 Feb 2016. Ashwin Patni, Devang Shah is the Current Fund Manager of Axis Hybrid Fund Series 30 Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹154 Cr and the Latest NAV as of 30 Aug 2019 is ₹14.97.
The Axis Hybrid Fund Series 30 Direct Growth is rated Moderately High risk.
The scheme seeks to generate income by investing in high quality fixed income securities that are maturing on or before the maturity of the Scheme whilst the secondary objective is to generate capital appreciation by investing in equity and equity related instruments.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.