Axis Regular Saver Fund Direct Growth+0.08%

3
11.49%
1 Year Return
Debt
Medium Duration
3.0star
6M
1Y
3Y
5Y
All

Fund Details

Axis Regular Saver Fund Direct Growth

RiskModerately High
Min SIP Amount₹1000
Expense Ratio1.22%
NAV22.49 (14 Aug 2020)
Fund Started04 Jan 2013
Fund Size172 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Axis Regular Saver Fund Direct Growth
11.5%
6.0%
6.7%
8.9%
Category Average
5.6%
4.1%
1.2%
-
Rank within category
3
17
23
-
*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 11.5% 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
    3. 5Y Returns are higher than the category average returns
    Cons
    1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
    2. Risk-adjusted returns are lower compared to the category

    Top Holdings

    NameSectorInstrument% Assets
    GOISovereignGOI Sec11.8%
    Indian Railway Finance Corpn. Ltd.FinancialDebenture6.3%
    Housing Development Finance Corpn. Ltd.FinancialDebenture6.1%
    REC Ltd.FinancialDebenture6.1%
    Tata Power Co. Ltd.EnergyDebenture5.9%
    L&T Infrastructure Finance Co. Ltd.FinancialNCD5.8%
    GOISovereignGOI Sec3.2%
    REC Ltd.FinancialBonds3.1%
    National Highways Authority of India Ltd.ServicesNCD3.1%
    Indian Railway Finance Corpn. Ltd.FinancialDebenture3.1%
    See All

    Fund Managers

    addDevang Shah
    Education
    Mr. Shah is B.Com and ACA.
    Experience
    Prior to joining Axis AMC he has worked with ICICI Prudential AMC, Deutsche Asset Management (India) Pvt. Ltd. and Pricewaterhouse Coopers.
    Funds Managed
    addAshish Naik
    Education
    Mr. Naik is a B.E from Mumbai University and MBA from XLRI, Jamshedpur.
    Experience
    Prior to joining Axis Mutual Fund he was associated with organizations such as Goldman Sachs and has over 7 years of experience as an Equity Analyst.
    Funds Managed

    Axis Regular Saver Fund Direct Growth Details

    Axis Regular Saver Fund Direct Growth is a Debt Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was made available to investors on 04 Jan 2013. Devang Shah, Ashish Naik is the Current Fund Manager of Axis Regular Saver Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹172 Cr and the Latest NAV as of 14 Aug 2020 is ₹22.49.

    The Axis Regular Saver Fund Direct 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

    Investment Objective

    The scheme seeks to generate regular income through investments in debt & money market instruments, along with capital appreciation through limited exposure to equity and equity related instruments. It also aims to manage risk thorough active asset allocation.

    Tax Implications

    Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

    Scheme Information Document(SID)

    ₹5000
    Min for First Investment
    ₹100
    Min for Second Investment
    For units in excess of 10% of the investment, 1% will be charged for redemption 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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