FAQ : Axis Equity Saver Fund - Regular Plan - Growth

Axis Equity Saver Fund - Regular Plan - Growth has delivered CAGR and average rolling returns as follows :

1 Year 3 Year 5 Year 9 Year
CAGR(%) 18.31 9.42 9.87 N/A
Average Rolling Returns(%) 9.11 8.66 8.51 N/A

The Current NAV of Axis Equity Saver Fund - Regular Plan - Growth is ₹20.02.

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 - Regular Plan - Growth fund’s expense ratio is 2.28%

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 - Regular Plan - Growth 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 - Regular Plan - Growth 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 - Regular Plan - Growth Fund is Hybrid - Equity Savings.

Jayesh Sundar and Hitesh Das manage the Axis Equity Saver Fund - Regular Plan - Growth Fund.

Axis Equity Saver Fund - Regular Plan - Growth current PE ratio is 35.99 and PB ratio is 6.58

The asset allocation of Axis Equity Saver Fund - Regular Plan - Growth is Stocks : 41.50%, Debt : 117.66% and Gold : -59.15%

The minimum SIP amount for Axis Equity Saver Fund - Regular Plan - Growth is ₹100.00 and minimum lumpsum is ₹500.00

The exit load for Axis Equity Saver Fund - Regular Plan - Growth is Nil upto 10% of investments and 1% for remaining investments on or before 1 months, Nil after 1 months

© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.