Fund Details
Axis Regular Saver Fund Direct Growth
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 1.16% |
| NAV | ₹24.70 (12 Apr 2021) |
|---|---|
| Fund Started | 04 Jan 2013 |
| Fund Size | ₹226 Cr |
Returns
Comparison
1. 1Y Returns are higher than the category average returns
2. 3Y Returns are higher than the category average returns
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Bajaj Finance Ltd. | Financial | Equity | 1.5% |
Fund Managers
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 ₹226 Cr and the Latest NAV as of 12 Apr 2021 is ₹24.70.
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 fund seeks to generate regular income through investments in debt and money market securities.
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.
