Axis Equity Saver Fund - Growth - Direct Plan has delivered CAGR and average rolling returns as follows :
1 Year | 3 Year | 5 Year | 9 Year | |
CAGR(%) | 19.92 | 10.9 | 11.32 | N/A |
Average Rolling Returns(%) | 10.60 | 10.06 | 9.89 | N/A |
The Current NAV of Axis Equity Saver Fund - Growth - Direct Plan is ₹22.30.
You should look for a fund with better more consistent performance track record. Funds returns are more likely to be different than its benchmark I-BEX (I-Sec Sovereign Bond Index) returns, as Funds portfolio is significantly different.
Axis Equity Saver Fund - Growth - Direct Plan fund’s expense ratio is 1.06%
The process for redemption is
The AUM of Axis Equity Saver Fund - Growth - Direct Plan is currently ₹899 Crores.
The Top three stocks are Reliance Industries, ICICI Bank and Larsen & Toubro and account for 15% of its portfolio. Top 5 and 10 stocks of fund account for 22% and 32% of fund’s portfolio respectively.
Top three sectors of Axis Equity Saver Fund - Growth - Direct Plan fund are Miscellaneous, Others and IT accounting for 73% of the total portfolio.
Funds Portfolio Quality is Very Good. It has a large proportion of Green Stocks.Since this is a Hybrid - Equity Savings it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.
The category of Axis Equity Saver Fund - Growth - Direct Plan Fund is Hybrid - Equity Savings.
Anupam Tiwari and Hitesh Das manage the Axis Equity Saver Fund - Growth - Direct Plan Fund.
Axis Equity Saver Fund - Growth - Direct Plan current PE ratio is 35.99 and PB ratio is 6.58
The asset allocation of Axis Equity Saver Fund - Growth - Direct Plan is Stocks : 41.50%, Debt : 117.66% and Gold : -59.15%
The minimum SIP amount for Axis Equity Saver Fund - Growth - Direct Plan is ₹100.00 and minimum lumpsum is ₹500.00
The exit load for Axis Equity Saver Fund - Growth - Direct Plan is Nil upto 10% of investments and 1% for remaining investments on or before 1 months, Nil after 1 months