FAQ : Axis Equity Saver Fund - Growth - Direct Plan

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

  • Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
  • You will get information about the redemption and the NAV at which redeemed.
  • The amount will be deposited in the designated bank account.

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

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