|Min SIP Amount||₹1000|
|NAV||₹22.49 (14 Aug 2020)|
|Fund Started||04 Jan 2013|
|Fund Size||₹172 Cr|
|Indian Railway Finance Corpn. Ltd.||Financial||Debenture||6.3%|
|Housing Development Finance Corpn. Ltd.||Financial||Debenture||6.1%|
|Tata Power Co. Ltd.||Energy||Debenture||5.9%|
|L&T Infrastructure Finance Co. Ltd.||Financial||NCD||5.8%|
|National Highways Authority of India Ltd.||Services||NCD||3.1%|
|Indian Railway Finance Corpn. Ltd.||Financial||Debenture||3.1%|
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
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.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.